Global Precision Fermentation Market Size & Outlook

The precision fermentation industry worldwide is expected to reach a projected revenue of US$ 34,612.0 million by 2030. A compound annual growth rate of 43.2% is expected of the worldwide precision fermentation industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,800.0
Forecast, 2030 (US$M)
$34,612.0
CAGR, 2024 - 2030
43.2%
Report Coverage
Worldwide

Global precision fermentation market, 2018-2030 (US$M)

Global precision fermentation market highlights

  • The global precision fermentation market generated a revenue of USD 2,800.0 million in 2023 and is expected to reach USD 34,612.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 43.2% by 2030.
  • In terms of segment, yeast accounted for a revenue of USD 2,800.0 million in 2023.
  • Yeast is the most lucrative microbe segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 2,800.0 million
Market revenue in 2030USD 34,612.0 million
Growth rate43.2% (CAGR from 2023 to 2030)
Largest segmentYeast
Fastest growing segmentYeast
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationYeast

Other key industry trends

  • In terms of revenue, the North America accounted for 40.5% of the global precision fermentation market in 2023.

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Precision Fermentation Market Scope

Precision fermentation market segmentation & scope
Yeast
Algae
Fungi
Bacteria
Ingredients
Whey & Casein Protein
Egg White
Collagen Protein
Heme Protein
Enzymes
Others
End Use
Food & Beverages
Pharmaceuticals
Personal Care & Cosmetics
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
South Africa

Precision Fermentation Market Companies

Name Profile # Employees HQ Website

Global precision fermentation 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 precision fermentation market will help companies and investors design strategic landscapes.


Yeast was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global precision fermentation market based on yeast covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Precision Fermentation Microbe Outlook (Revenue, USD Million, 2018-2030)
    • Yeast
    • Algae
    • Fungi
    • Bacteria
  • Global Precision Fermentation Ingredients Outlook (Revenue, USD Million, 2018-2030)
    • Whey & Casein Protein
    • Egg White
    • Collagen Protein
    • Heme Protein
    • Enzymes
    • Others
  • Global Precision Fermentation End Use Outlook (Revenue, USD Million, 2018-2030)
    • Food & Beverages
    • Pharmaceuticals
    • Personal Care & Cosmetics
    • Others

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Target buyers of Global precision fermentation market databook

  • Our clientele includes a mix of precision fermentation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 global-level data and insights on the Global precision fermentation market , including forecasts for subscribers. This global databook contains high-level insights into Global precision fermentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global precision fermentation market size, by regions, 2018-2030 (US$M)

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