Global Fermenters and Bioreactors Market : Introduction
Bioreactors and fermenters are extensively utilized in the creation of appropriate environment for the microorganisms’ growth.
Furthermore, these devices are also helpful in driving biochemically active substances produced by such organisms.
Fermenters find application in the development and maintenance of fungal or bacterial cells in a controlled atmosphere.
Bioreactors are the larger versions of fermenters that are widely used in the biopharmaceutical industry for the production of biologics that includes recombinant proteins, vaccines, and monoclonal antibodies.
Rising preference for single-use reactors and hybrid technologies and rising demand for advanced bioreactors and fermenters from pharmaceutical and biotechnology industries for large scale production of antibodies, recombinant DNA and protein products are other propelling factors that are projected to drive revenue growth of the market over the forecast period.
Global Bioreactors and Fermenters Market: Overview
The global bioreactors and fermenters market size is expected to reach USD 7.04 Billion in 2030 and register a revenue CAGR of 10.0%.
Majority of large-scale or commercial microbial or biopharmaceutical fermenters are always associated with high risks of contamination that happen or occur during the fermentation process in large-scale production facilities.
To avoid bacterial, fungal, and viral infections during microbial fermentations, fermenter producing manufacturers are encompassing sterilize-in-place and clean-in-place systems in fermenters, which give in high cost as the systems comprise highly polished stainless-steel material, thus ultimately resulting in the high cost of the fermenters.
Hybrid bioreactors also authorises automated control of various parameters such as pH, dissolved oxygen, foaming, aeration, temperature, agitation, and others.
Widened adoption of single-use reactors in the biopharmaceutical industry is expected to support constant demand for bioreactors and fermenters for production of various drugs.
Rapid increase in demand for multi-drug facilities that enable production of different drugs using same facility have reduced production time and cost without compromising quality of drugs.
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Key Tends: Growth Determinants and Challenges:
Increased consumption of fermented beverages in developed economies
The augment growth of fermented beverage industry is expected to notably drive the demand for fermenter systems and solutions during the forecast period, owing to the growing popularity of a variety of beers and wines in the emerging economies through the world. The growing popularity of beer among consumers will significantly lead to the exponential growth in demand for fermented beverages, thereby increasing the demand for fermenters used for the fermentation of alcoholic beverages.
Growing awareness about food preservation
Currently, fermentation is one of the desired methods of food preservation owing to the health benefits offered by this process. Fermented beverages such as mead, kvass, water kefir, dairy kefir, and kombucha are fermented and preserved by the fermentation process. During the fermentation, microorganisms produce lactic acid and acetic acid that are also known as bio-preservatives, which help in retaining the nutrients while also preventing food spoilage.
Competitive Landscape:
Getinge AB
PBS Biotech, Inc.
Sartorius AG
Eppendorf SE
General Electric Company
Solaris Biotechnology Srl
Thermo Fisher Scientific Inc.
Merck KGaA, ElectRoLAb Biotech Ltd.
Bioengineering AG.
Segmental Analysis of Global Bioreactors and Fermenters:
Based on Application
- Food
- Beverages
- Healthcare and Cosmetics
Based on Mode of Operation
- Semi-automatic
- Automatic
Based on Micro-organism
- Fungi
- Bacteria
Based on Process
- Batch
- Fed-batch
- Continuous
Major Developments:
On 19 January 2021, PBS Biotech, Inc. raised USD 10 million from BroadOak Capital Partners, which is expected to contribute to scaling-up manufacturing solutions for cell therapies and expand and commercialize its portfolio of single-use bioreactor systems and contract process development services. The company uses its proprietary Vertical-Wheel technology for achieving unique mixing properties which have proven superior to conventional stirred-tank bioreactors.
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Major questions answered in the report
- What are the growth determinants and challenges in the way of global bioreactors and fermenters market?
- Which top profile companies are contributing into the growth of global bioreactors and fermenters market?
- Which regional segments accounts for the largest market share in the global bioreactors and fermenters market?
Key Takeaways from the report:
- Regional insights coupled with other segmental analysis.
- Growth factors, trends and challenges in the market.
- The global bioreactors and fermenters market size is expected to reach USD 7.04 Billion in 2030 and register a revenue CAGR of 10.0%.
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