How big is the fermenters market?

The global fermenters market size was estimated at USD 1.69 billion in 2023 and is expected to reach USD 1.83 billion in 2024.

What is the fermenters market growth?

The global fermenters market is expected to grow at a compound annual growth rate of 8.4% from 2024 to 2030 to reach USD 2.96 billion by 2030.

Which segment accounted for the largest fermenters market share?

Europe dominated the fermenters market, with a share of 36% in 2024. This is attributable to the new technological innovations in fermenter design, coupled with rising advancements in the food & beverage industry, such as the advent of cultural and plant based meat

Who are the key players in fermenters market?

Some key players operating in the fermenters market include Eppendorf AG, Sartorius, Thermo Fisher Scientific, Pierre Guerin SAS, and Applikon Biotechnology BV among others.

What are the factors driving the fermenters market?

Key factors driving market growth include the rapidly growing fermented beverage industry, which is owing to the growing popularity of a variety of beers and wines in emerging economies worldwide.