The Precision Fermentation Ingredients Market size was USD 2 billion in 2022 and is expected to Reach USD 34.9 billion by 2030 and grow at a CAGR of 43% over the forecast period of 2023-2030.
Precision fermentation is a process that uses microorganisms, such as yeast and bacteria, to produce specific food ingredients. The expanding number of start-ups coming into the precision fermentation business, fueled by increased investor interest from corporations such as ADM and Cult Food, can be credited to the market's growth.
Based on segmentation by Ingredient, the whey & casein protein has the second-largest market share. Whey protein, noted for its high digestibility and amino acid balance, can be used in a variety of products. Precision fermentation technology meshes with changing consumer preferences by providing whey and other components without the use of traditional animal sources.
Based on Application, the food & beverages segment holds the largest share of the precision fermentation ingredients market. Precision fermentation components are widely employed in the food and beverage industries. Plant-based dairy products, plant-based meat alternatives, baked goods, beverages, spices, and snacks are all examples of products that contain these ingredients. Precision fermentation enables the manufacturing of proteins, enzymes, tastes, and other functional components that improve the nutritional profile, taste, texture, and overall quality of food and beverage products. During the forecast period, the pharmaceutical segment is expected to account for the second-highest market share.
KEY DRIVERS
Changing consumer preferences towards veganism
Veganism is becoming increasingly popular around the world. A variety of factors are driving this growth, including growing awareness of the environmental and ethical implications of animal agriculture, as well as the health benefits of a plant-based diet. Precision fermentation ingredients are driving the expansion of the vegan food business. Precision fermentation can be used to make a variety of vegan foods, including plant-based milk, eggs, meat, and cheese. These products taste and feel the same as regular dairy products, but they are more environmentally friendly and have a lower carbon footprint.
RESTRAIN
High manufacturing costs associated
Precision fermentation is a relatively new technology, and producing precision-fermented foods at scale is currently prohibitively expensive. This is due to a variety of variables, including raw material costs, specialized equipment like bioreactors and purification systems, and regulatory compliance. These raw resources are costly, especially if they come from sustainable sources.
OPPORTUNITY
Lower production and supply chain costs
Precision fermentation is a biotechnology method that produces precise food ingredients using microorganisms such as yeast and bacteria. It is a sustainable and effective method of producing ingredients derived from animal sources, such as milk, eggs, and meat. Precision fermentation has the primary advantage of lowering manufacturing and supply chain costs. This is because precision fermentation technologies are more easily scaled up than traditional agriculture practices. Furthermore, unlike traditional components, precise fermentation materials are not subject to supply chain disruptions such as weather events and animal diseases.
CHALLENGES
Customer acceptance of precision fermented products
When analyzing products and ingredients, bioavailability, allergic reactions, ease of digestion, and biological equivalent must all be evaluated. This is an important consideration if customers are transitioning from nutritionally complete food items to modified food products with specific additional proteins. As a result, accepting precision-fermented food items is expected to be one of the market's most difficult challenges.
Russia and Ukraine serve as significant exporters of wheat, corn, and other agricultural products utilized in the manufacture of precise fermentation components. The war has disrupted the supply of key raw commodities, resulting in greater prices and scarcity. The war has prompted large increases in energy prices, putting strain on the profitability of precision fermentation enterprises. Since the beginning of the conflict, the average increase in energy expenses for precision fermentation companies has been 30%. Expensive food imports can be substituted by local precision fermentation (PF) production hubs, which enable individuals to program microorganisms to produce proteins with precise taste, texture, and nutritional properties. These hubs can be fuelled by clean electricity via SWB, which, if implemented properly by overbuilding solar and wind, will provide massive amounts of excess energy at near-zero marginal costs for most of the year.
The Precision Fermentation Ingredients Market had been hit by the recession. High energy expenses account for a significant portion of the cost of creating precise fermentation components. The war has prompted large increases in energy prices, putting strain on the profitability of precision fermentation enterprises. According to the report, the average increase in raw material costs for precision fermentation companies since the start of the war has been 20%. A recession may also result in increased investment in research and development of new precision fermentation technologies, which may boost market growth in the long run.
by Ingredient
Whey & Casein Protein
Collagen Protein
Egg White
Heme Protein
by Microbe
Yeast
Fungi
Algae
Bacteria
by End User
Food & Beverage
Pharmaceutical
Cosmetics
other
North America is the largest market for precision fermentation ingredients. This growth is attributed to rising consumer awareness, consumption of healthy food ingredients, the veganism trend, and other factors. Around 39% of American adults, or over 90 million people, are prepared to embrace precision fermentation products, which are expected to reach 132 million consumers by 2027.
The European precision fermentation ingredients market is anticipated to be worth USD 12.5 billion by 2030, growing at a 45% CAGR during the forecast period. The region's expanding population, shifting consumer preferences toward sustainable and plant-based products, rising demand for high-quality ingredients in various industries, and supportive rules and regulations promoting biotechnology and creation all contribute to market growth.
Asia Pacific region is predicted to grow at a high CAGR for the precision fermentation ingredients market in 2022. The region has seen a trend toward meat-free meals, and demand for precision-fermented egg substitutes is increasing as vegetarian diets become more popular and egg prices rise. The region's emphasis on technical innovation and developments in conjunction with cutting-edge nature, and precise ingredients supports a healthy ecosystem for R&D.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Precision Fermentation Ingredients Market are Geltor (US), Melt&Marble, Perfect Day, Inc, The Every Co., Impossible Foods Inc., Mycotechnology, Inc, Helaina Inc., Eden Brew, Formo Bio, Fybraworks Foods, Imagindairy Ltd., Motif Foodworks, Inc., Mycorena, New Culture, and other key players.
In 2023, EVERY Company and Alpha Foods formally signed a Joint Development Agreement with the goal of bringing next-generation alt-meat products to market. This collaboration intends to expedite breakthroughs in flavor and texture for non-animal products by leveraging EVERY's pioneering knowledge in animal-free protein manufacturing and Alpha Cuisine's famous chef-crafted plant-based cuisine.
In 2023, Perfect Day strengthened its market position and led the Precision Fermentation Alliance. The Hartman Group, Perfect Day, and Cargill collaborated to provide Perfect Day with significant insights into consumer attitudes and preferences about precision fermentation ingredients.
Report Attributes | Details |
Market Size in 2022 | US$ 2 Billion |
Market Size by 2030 | US$ 34.9 Billion |
CAGR | CAGR of 43 % From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2019-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Ingredient (Whey & Casein Protein, Collagen Protein, Egg White, Heme Protein) • By Microbe (Yeast, Fungi, Algae, Bacteria) • By End User (Food & Beverage, Pharmaceutical, Cosmetics, and other) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Geltor (US), Melt&Marble, Perfect Day, Inc, The Every Co., Impossible Foods Inc., Mycotechnology, Inc, Helaina Inc., Eden Brew, Formo Bio, Fybraworks Foods, Imagindairy Ltd., Motif Foodworks, Inc., Mycorena, New Culture |
Key Drivers | • Changing consumer preferences towards veganism |
Market Restrain | • High manufacturing costs associated |
Ans: Precision Fermentation Ingredients Market is anticipated to expand by 43% from 2023 to 2030.
Ans: The North American region dominate the Precision Fermentation Ingredients Market in 2022.
Ans: Drivers are changing consumer preferences towards veganism.
Ans: Restraints are the high manufacturing costs associated with the Precision Fermentation Ingredients.
Ans: USD 34.9 billion is expected to grow by 2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on Major Economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Precision Fermentation Ingredients Market Segmentation, By Ingredient
8.1 Whey & Casein Protein
8.2 Collagen Protein
8.3 Egg White
8.4 Heme Protein
9. Precision Fermentation Ingredients Market Segmentation, By Microbe
9.1 Yeast
9.2 Fungi
9.3 Algae
9.4 Bacteria
10. Precision Fermentation Ingredients Market Segmentation, By End User
10.1 Food & Beverage
10.2 Pharmaceutical
10.3 Cosmetics
10.4 others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Precision Fermentation Ingredients Market by Country
11.2.2 North America Precision Fermentation Ingredients Market by Ingredient
11.2.3 North America Precision Fermentation Ingredients Market by Microbe
11.2.4 North America Precision Fermentation Ingredients Market by End User
11.2.5 USA
11.2.5.1 USA Precision Fermentation Ingredients Market by Ingredient
11.2.5.2 USA Precision Fermentation Ingredients Market by Microbe
11.2.5.3 USA Precision Fermentation Ingredients Market by End User
11.2.6 Canada
11.2.6.1 Canada Precision Fermentation Ingredients Market by Ingredient
11.2.6.2 Canada Precision Fermentation Ingredients Market by Microbe
11.2.6.3 Canada Precision Fermentation Ingredients Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Precision Fermentation Ingredients Market by Ingredient
11.2.7.2 Mexico Precision Fermentation Ingredients Market by Microbe
11.2.7.3 Mexico Precision Fermentation Ingredients Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Precision Fermentation Ingredients Market by Country
11.3.1.2 Eastern Europe Precision Fermentation Ingredients Market by Ingredient
11.3.1.3 Eastern Europe Precision Fermentation Ingredients Market by Microbe
11.3.1.4 Eastern Europe Precision Fermentation Ingredients Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Precision Fermentation Ingredients Market by Ingredient
11.3.1.5.2 Poland Precision Fermentation Ingredients Market by Microbe
11.3.1.5.3 Poland Precision Fermentation Ingredients Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Precision Fermentation Ingredients Market by Ingredient
11.3.1.6.2 Romania Precision Fermentation Ingredients Market by Microbe
11.3.1.6.4 Romania Precision Fermentation Ingredients Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Precision Fermentation Ingredients Market by Ingredient
11.3.1.7.2 Turkey Precision Fermentation Ingredients Market by Microbe
11.3.1.7.3 Turkey Precision Fermentation Ingredients Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Precision Fermentation Ingredients Market by Ingredient
11.3.1.8.2 Rest of Eastern Europe Precision Fermentation Ingredients Market by Microbe
11.3.1.8.3 Rest of Eastern Europe Precision Fermentation Ingredients Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Precision Fermentation Ingredients Market by Ingredient
11.3.2.2 Western Europe Precision Fermentation Ingredients Market by Microbe
11.3.2.3 Western Europe Precision Fermentation Ingredients Market by End User
11.3.2.4 Germany
11.3.2.4.1 Germany Precision Fermentation Ingredients Market by Ingredient
11.3.2.4.2 Germany Precision Fermentation Ingredients Market by Microbe
11.3.2.4.3 Germany Precision Fermentation Ingredients Market by End User
11.3.2.5 France
11.3.2.5.1 France Precision Fermentation Ingredients Market by Ingredient
11.3.2.5.2 France Precision Fermentation Ingredients Market by Microbe
11.3.2.5.3 France Precision Fermentation Ingredients Market by End User
11.3.2.6 UK
11.3.2.6.1 UK Precision Fermentation Ingredients Market by Ingredient
11.3.2.6.2 UK Precision Fermentation Ingredients Market by Microbe
11.3.2.6.3 UK Precision Fermentation Ingredients Market by End User
11.3.2.7 Italy
11.3.2.7.1 Italy Precision Fermentation Ingredients Market by Ingredient
11.3.2.7.2 Italy Precision Fermentation Ingredients Market by Microbe
11.3.2.7.3 Italy Precision Fermentation Ingredients Market by End User
11.3.2.8 Spain
11.3.2.8.1 Spain Precision Fermentation Ingredients Market by Ingredient
11.3.2.8.2 Spain Precision Fermentation Ingredients Market by Microbe
11.3.2.8.3 Spain Precision Fermentation Ingredients Market by End User
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Precision Fermentation Ingredients Market by Ingredient
11.3.2.9.2 Netherlands Precision Fermentation Ingredients Market by Microbe
11.3.2.9.3 Netherlands Precision Fermentation Ingredients Market by End User
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Precision Fermentation Ingredients Market by Ingredient
11.3.2.10.2 Switzerland Precision Fermentation Ingredients Market by Microbe
11.3.2.10.3 Switzerland Precision Fermentation Ingredients Market by End User
11.3.2.11.1 Austria
11.3.2.11.2 Austria Precision Fermentation Ingredients Market by Ingredient
11.3.2.11.3 Austria Precision Fermentation Ingredients Market by Microbe
11.3.2.11.4 Austria Precision Fermentation Ingredients Market by End User
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Precision Fermentation Ingredients Market by Ingredient
11.3.2.12.2 Rest of Western Europe Precision Fermentation Ingredients Market by Microbe
11.3.2.12.3 Rest of Western Europe Precision Fermentation Ingredients Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Precision Fermentation Ingredients Market by Country
11.4.2 Asia-Pacific Precision Fermentation Ingredients Market by Ingredient
11.4.3 Asia-Pacific Precision Fermentation Ingredients Market by Microbe
11.4.4 Asia-Pacific Precision Fermentation Ingredients Market by End User
11.4.5 China
11.4.5.1 China Precision Fermentation Ingredients Market by Ingredient
11.4.5.2 China Precision Fermentation Ingredients Market by End User
11.4.5.3 China Precision Fermentation Ingredients Market by Microbe
11.4.6 India
11.4.6.1 India Precision Fermentation Ingredients Market by Ingredient
11.4.6.2 India Precision Fermentation Ingredients Market by Microbe
11.4.6.3 India Precision Fermentation Ingredients Market by End User
11.4.7 Japan
11.4.7.1 Japan Precision Fermentation Ingredients Market by Ingredient
11.4.7.2 Japan Precision Fermentation Ingredients Market by Microbe
11.4.7.3 Japan Precision Fermentation Ingredients Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Precision Fermentation Ingredients Market by Ingredient
11.4.8.2 South Korea Precision Fermentation Ingredients Market by Microbe
11.4.8.3 South Korea Precision Fermentation Ingredients Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Precision Fermentation Ingredients Market by Ingredient
11.4.9.2 Vietnam Precision Fermentation Ingredients Market by Microbe
11.4.9.3 Vietnam Precision Fermentation Ingredients Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Precision Fermentation Ingredients Market by Ingredient
11.4.10.2 Singapore Precision Fermentation Ingredients Market by Microbe
11.4.10.3 Singapore Precision Fermentation Ingredients Market by End User
11.4.11 Australia
11.4.11.1 Australia Precision Fermentation Ingredients Market by Ingredient
11.4.11.2 Australia Precision Fermentation Ingredients Market by Microbe
11.4.11.3 Australia Precision Fermentation Ingredients Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Precision Fermentation Ingredients Market by Ingredient
11.4.12.2 Rest of Asia-Pacific Precision Fermentation Ingredients Market by Microbe
11.4.12.3 Rest of Asia-Pacific Precision Fermentation Ingredients Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Precision Fermentation Ingredients Market by Country
11.5.1.2 Middle East Precision Fermentation Ingredients Market by Ingredient
11.5.1.3 Middle East Precision Fermentation Ingredients Market by Microbe
11.5.1.4 Middle East Precision Fermentation Ingredients Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Precision Fermentation Ingredients Market by Ingredient
11.5.1.5.2 UAE Precision Fermentation Ingredients Market by Microbe
11.5.1.5.3 UAE Precision Fermentation Ingredients Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Precision Fermentation Ingredients Market by Ingredient
11.5.1.6.2 Egypt Precision Fermentation Ingredients Market by Microbe
11.5.1.6.3 Egypt Precision Fermentation Ingredients Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Precision Fermentation Ingredients Market by Ingredient
11.5.1.7.2 Saudi Arabia Precision Fermentation Ingredients Market by Microbe
11.5.1.7.3 Saudi Arabia Precision Fermentation Ingredients Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Precision Fermentation Ingredients Market by Ingredient
11.5.1.8.2 Qatar Precision Fermentation Ingredients Market by Microbe
11.5.1.8.3 Qatar Precision Fermentation Ingredients Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Precision Fermentation Ingredients Market by Ingredient
11.5.1.9.2 Rest of Middle East Precision Fermentation Ingredients Market by Microbe
11.5.1.9.3 Rest of Middle East Precision Fermentation Ingredients Market by End User
11.5.2 Africa
11.5.2.1 Africa Precision Fermentation Ingredients Market by Country
11.5.2.2 Africa Precision Fermentation Ingredients Market by Ingredient
11.5.2.3 Africa Precision Fermentation Ingredients Market by Microbe
11.5.2.4 Africa Precision Fermentation Ingredients Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Precision Fermentation Ingredients Market by Ingredient
11.5.2.5.2 Nigeria Precision Fermentation Ingredients Market by Microbe
11.5.2.5.3 Nigeria Precision Fermentation Ingredients Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Precision Fermentation Ingredients Market by Ingredient
11.5.2.6.2 South Africa Precision Fermentation Ingredients Market by Microbe
11.5.2.6.3 South Africa Precision Fermentation Ingredients Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Precision Fermentation Ingredients Market by Ingredient
11.5.2.7.2 Rest of Africa Precision Fermentation Ingredients Market by Microbe
11.5.2.7.3 Rest of Africa Precision Fermentation Ingredients Market by End User
11.6 Latin America
11.6.1 Latin America Precision Fermentation Ingredients Market by Country
11.6.2 Latin America Precision Fermentation Ingredients Market by Ingredient
11.6.3 Latin America Precision Fermentation Ingredients Market by Microbe
11.6.4 Latin America Precision Fermentation Ingredients Market by End User
11.6.5 Brazil
11.6.5.1 Brazil Precision Fermentation Ingredients Market by Ingredient
11.6.5.2 Brazil Precision Fermentation Ingredients Market by Microbe
11.6.5.3 Brazil Precision Fermentation Ingredients Market by End User
11.6.6 Argentina
11.6.6.1 Argentina Precision Fermentation Ingredients Market by Ingredient
11.6.6.2 Argentina Precision Fermentation Ingredients Market by Microbe
11.6.6.3 Argentina Precision Fermentation Ingredients Market by End User
11.6.7 Colombia
11.6.7.1 Colombia Precision Fermentation Ingredients Market by Ingredient
11.6.7.2 Colombia Precision Fermentation Ingredients Market by Microbe
11.6.7.3 Colombia Precision Fermentation Ingredients Market by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Precision Fermentation Ingredients Market by Ingredient
11.6.8.2 Rest of Latin America Precision Fermentation Ingredients Market by Microbe
11.6.8.3 Rest of Latin America Precision Fermentation Ingredients Market by End User
12.Company profile
12.1 Geltor (US)
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Perfect Day, Inc
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Melt&Marble
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Impossible Foods Inc.
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 The Every Co.
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Mycotechnology, Inc
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Helaina Inc.
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Eden Brew
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Formo Bio
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Fybraworks Foods
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Imagindairy Ltd.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Motif Foodworks, Inc.
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Product/Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View
12.13 Mycorena
12.13.1 Company Overview
12.13.2 Financials
12.13.3 Product/Services Offered
12.13.4 SWOT Analysis
12.13.5 The SNS View
12.14 New Culture
12.14.1 Company Overview
12.14.2 Financials
12.14.3 Product/Services Offered
12.14.4 SWOT Analysis
12.14.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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The Protein Supplements Market Size was esteemed at USD 21.75 billion in 2022 and is supposed to arrive at USD 43.78 billion by 2030 and develop at a CAGR of 9.14% over the forecast period 2023-2030.
The Ascorbic Acid Market size was USD 1.77 billion in 2022 and is expected to Reach USD 2.71 billion by 2030 and grow at a CAGR of 5.5 % over the forecast period of 2023-2030.
The U.S. Cold Storage Market Size was valued at USD 36.94 Billion in 2023 and is expected to reach USD 102.06 Billion by 2032 and grow at a CAGR of 12.5% over the forecast period 2024-2032.
The Spice Market Size was esteemed at USD 5.63 billion out of 2022 and is supposed to arrive at USD 9.60 billion by 2030, and develop at a CAGR of 6.92% over the forecast period 2023-2030.
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