Published on : Mar 14, 2018
Albany, New York, March 14, 2018: It has been analyzed that, advancement in the global microbial fermentation technology market is primarily motivated due to wide use of fermentation technology derived chemicals across various industries. This high demand is majorly pushed as a result of natural structure as well as low cost features of microbial fermentation technology. In order to study the market expansion of this technology, a new report has been added to the huge database of Market Research Hub (MRH). The research study is titled “Microbial Fermentation Technology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, which discusses present as well as future market sketch, with a stern focus on regions and products.
As per the research analysis, the report highlighting the microbial fermentation technology market talks about an elaborate executive summary. This section includes a market snapshot which offers data associated to various segments of the market. According to the report, the global market was recorded at US$1,493.8 bn in 2016, and is expected to expand at a CAGR of 5.7% during the period 2017 to 2025. At this pace, the concerned market is rising to an estimation of US$2,447.5 bn by the end of the forecast period.
The following section of the report discourses knowledge about the market segment. Based on product type, the market is fragmented into industrial products, medical products, food & feed products and alcohol beverages. On the basis of end-user, the global microbial fermentation technology market is bifurcated into bio-pharmaceutical industries, Contract Research Organizations (CROs) & Contract Manufacturing Organizations (CMOs), food and feed industry, academic research institutes, and others. For each of the segments, the market size and forecast in terms of US$ Bn concerning is presented for the period 2015 to 2025. Geographically, the overall microbial fermentation technology market is categorized into several prime regions, namely, North America Europe, Asia Pacific, Latin America and Middle East & Africa.
The final section of the report deals with the major players profiled in the global microbial fermentation technology market. Each of the companies are analyzed based on various attributes like company overview, product portfolio, business strategies, financial overview, and recent developments. Some of the players stated in the report include Biocon, Danone Ltd., Amyris, Novozymes, Lonza, United Breweries Ltd., TerraVia Holdings, Inc., DSM, BioVectra, and F. Hoffmann La-Roche Ltd. With the availability of tables and figures, this report acts as a precious data source for new investors planning to enter the market for microbial fermentation technology.
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