Germany Microbial Fermentation Technology Market Size & Outlook
Germany microbial fermentation technology market, 2018-2030 (US$M)
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Germany microbial fermentation technology market highlights
- The Germany microbial fermentation technology market generated a revenue of USD 1,364.4 million in 2023 and is expected to reach USD 1,909.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, cmos & cdmos was the largest revenue generating end use in 2023.
- CMOs & CDMOS is the most lucrative end use segment registering the fastest growth during the forecast period.
Microbial fermentation technology market data book summary
| Market revenue in 2023 | USD 1,364.4 million |
| Market revenue in 2030 | USD 1,909.9 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Cmos & cdmos |
| Fastest growing segment | CMOs & CDMOS |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopharmaceutical Companies, CMOs & CDMOS, Academic And Research Organizations |
| Key market players worldwide | Danone SA, Roche Holding AG ADR, Koninklijke DSM NV, Lonza Group Ltd, Novonesis AS ADR, Biocon, BioVectra, TerraVia - Assets, BiOZEEN |
Other key industry trends
- In terms of revenue, Germany accounted for 4.1% of the global microbial fermentation technology market in 2023.
- Country-wise, Canada is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK microbial fermentation technology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,961.9 million by 2030.
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Microbial Fermentation Technology Market Scope
Microbial Fermentation Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany microbial fermentation technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microbial fermentation technology market will help companies and investors design strategic landscapes.
Cmos & cdmos was the largest segment with a revenue share of 41.9% in 2023. Horizon Databook has segmented the Germany microbial fermentation technology market based on biopharmaceutical companies, cmos & cdmos, academic and research organizations covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of multiple key players for microbial fermentation technology in Germany and contract service providers continuing to invest in the expansion are factors driving the country’s market. For instance, in July 2021, Rentschler Biopharma SE expanded its capacity in Laupheim plant to meet the increasing demand for antibodies in the market.
Furthermore, Germany is second in terms of the number of clinical trials in Europe. It is expected to witness significant growth in the number of trials and approval of drugs in the coming years, owing to an increase in the number of companies being set up and the support provided by the government in finding feasible treatment options for betterment of health.
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Our clientele includes a mix of microbial fermentation technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany microbial fermentation technology market , including forecasts for subscribers. This country databook contains high-level insights into Germany microbial fermentation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany microbial fermentation technology market size, by end use, 2018-2030 (US$M)
Germany Microbial Fermentation Technology Market Outlook Share, 2023 & 2030 (US$M)
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