Microbial Fermentation Technology Market: Global Industry Analysis And Forecast (2022-2029)

Microbial Fermentation Technology Market was valued at USD 1.79 Billion in 2021, and it is expected to reach USD 3.08 Billion by 2029, exhibiting a CAGR of 6.2% during the forecast period (2022-2029)
Microbial Fermentation Technology Market Overview:

Microbial fermentation technology is a cutting-edge area that produces valuable compounds by fermenting microorganisms. Fungi, bacteria, and eukaryotic cells such as insect cells and CHO cells are still being studied for their potential use in the chemical, pharmaceutical, energy, material, and food industries. Fermentation involves the participation of microorganisms such as bacteria, yeasts, fungus, and their enzymes. The biotechnology programme selects bacteria strains for fermentation based on DNA sequences.