The three application methods of fermentation technology in the alternative protein industry include: traditional fermentation, biomass fermentation and precision fermentation. With the advancement of metabolic engineering and synthetic biology technologies, traditional microbial fermentation is evolving into precision fermentation (PF). This is a branch of the fermentation field, which uses microorganisms as cell factories to obtain high-purity target products through fermentation, which are mostly used to manufacture drugs, vitamins, spices or foods.

The global Precision Fermented Protein market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the “Precision Fermented Protein Industry Forecast” looks at past sales and reviews total world Precision Fermented Protein sales in 2023, providing a comprehensive analysis by region and market sector of projected Precision Fermented Protein sales for 2024 through 2030. With Precision Fermented Protein sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Precision Fermented Protein industry.

This Insight Report provides a comprehensive analysis of the global Precision Fermented Protein landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Precision Fermented Protein portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Precision Fermented Protein market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Precision Fermented Protein and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Precision Fermented Protein.

United States market for Precision Fermented Protein is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Precision Fermented Protein is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Precision Fermented Protein is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Precision Fermented Protein players cover:

• Perfect Day
• Shiru
• Nourish Ingredients
• Motif Foodworks
• The EVERY Company

In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Precision Fermented Protein market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

• Microalgal Protein
• Others

Segmentation by Application:

• Drugs & Vitamins
• Spices & Food

This report also splits the market by region:

• Americas
  • United States
  • Canada
  • Mexico
  • Brazil
• APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
• Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration:

• Perfect Day
• Shiru
• Nourish Ingredients
• Motif Foodworks
• The EVERY Company
• Standing Ovation
• TurtleTree
• Helaina
• Impossible Food
• PROTOGA BIOTECH
• Blue Canopy
• Shanghai Changjin Biotechnology Co., Ltd.
• Dmtbiotech
• Suzhou Shuohong Biotechnology Co., Ltd.

Key Questions Addressed in this Report

1. What is the 10-year outlook for the global Precision Fermented Protein market?
2. What factors are driving Precision Fermented Protein market growth, globally and by region?
3. Which technologies are poised for the fastest growth by market and region?
4. How do Precision Fermented Protein market opportunities vary by end market size?
5. How does Precision Fermented Protein break out by Type, by Application?