Fermenters Market by Application (Food, Beverage, and Healthcare & Cosmetics), Microorganism (Bacteria and Fungi), Process (Batch, Fed-batch, and Continuous), Mode of Operation (Semi-automatic and Automatic), and Region - Global Forecast to 2023

The basic objective of the report is to define, segment, and project the global market size of the market on the basis of application, mode of operation, microorganism, process, material, and region. It also helps to understand the structure of this marke

The rise in application of fermentation technology in food, beverage, and pharmaceutical industries, along with the growing consumer perception regarding fermentation in terms of health claims, is the major factors spurring the demand for fermenters.

The rise in application of fermentation technology in food, beverage, and pharmaceutical industries, along with the growing consumer perception regarding fermentation in terms of health claims, is the major factors spurring the demand for fermenters.

The fermenters market is estimated at USD 1.13 billion in 2018 and is projected to reach USD 1.69 billion by 2023, growing at a CAGR of 8.4%.

The rise in application of fermentation technology in food, beverage, and pharmaceutical industries, along with the growing consumer perception regarding fermentation in terms of health claims, is the major factors.