The global Precision Fermentation market was valued at $3.16 billion in 2023 and is expected to reach $48.16 billion by 2031, growing at a CAGR of 40.56% during the forecast period. The market focuses on market trends, historical growth rates, technologies, and the changing investment structure. The report highlights the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Precision fermentation is an advanced biotechnological process that uses microorganisms to produce specific substances or ingredients with high precision. The market is divided into six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
The report provides an analysis of current market dynamics, future developments, and Porter’s Five Forces Analysis. It also lists key players, including Geltor, Perfect Day, Inc., The Every Co., Impossible Foods Inc., and others. The report includes a chapter on industry development, highlighting recent developments and partnerships, such as Nestlé’s launch of precision-fermented dairy protein powder and Perfect Day’s partnership with Unilever’s Breyers to produce lactose-free chocolate. Regional breakdowns are also provided, with a focus on North America, Europe, Asia Pacific, and other regions.