U.S. Microbial Fermentation Technology Market Size & Outlook
U.S. microbial fermentation technology market, 2018-2030 (US$M)
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U.S. microbial fermentation technology market highlights
- The U.S. microbial fermentation technology market generated a revenue of USD 1,065.4 million in 2023 and is expected to reach USD 1,682.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.7% 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 1,065.4 million |
| Market revenue in 2030 | USD 1,682.9 million |
| Growth rate | 6.7% (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, U.S. accounted for 3.2% 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 North America, Canada microbial fermentation technology market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,682.9 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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U.S. 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 43.47% in 2023. Horizon Databook has segmented the U.S. 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 substantial share of the U.S. in the regional market can be recognized mainly due to the presence of large-scale and established manufacturing facilities for biopharmaceuticals. The biopharmaceutical sector is also considered the most R&D-intensive in the U.S., and its development is recognized as a high-impact factor in the industry. Consequently, this can drive the adoption of microbial fermentation technologies in the coming years for a flexible and fast approach, thus leading to significant revenue generation in the U.S.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. microbial fermentation technology market , including forecasts for subscribers. This country databook contains high-level insights into U.S. microbial fermentation technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. microbial fermentation technology market size, by end use, 2018-2030 (US$M)
U.S. Microbial Fermentation Technology Market Outlook Share, 2023 & 2030 (US$M)
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