The Precision Fermentation Market is expected to grow from $4.73 billion in 2024 to $62.98 billion by 2032, at a CAGR of 38.21%. The market involves the use of genetically engineered microorganisms to produce specific food ingredients, proteins, or biopharmaceuticals with high accuracy and efficiency. Key players in the market include Geltor, Perfect Day, and Impossible Foods, among others. The market is driven by advancements in biotechnology and increasing demand for innovative food and pharmaceutical products.
The market is segmented by microbe, ingredient, application, and end-user. The report provides an in-depth analysis of the competitive landscape, market trends, and emerging opportunities. Regions covered include North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The report also provides insights into market size, growth, and forecasts, as well as competitive benchmarking and vendor identification. DataM Intelligence, a market research and consulting firm, has published the report, which is available for purchase or subscription. The report aims to provide stakeholders with essential market data, emerging industry patterns, and strategic business intelligence.