Precision Fermentation Market Growth Opportunities by 2030

The global precision fermentation market in terms of revenue was estimated to be worth USD 1.6 billion in 2022 and is poised to reach USD 36.3 billion by 2030, growing at a CAGR of 48.1% from 2022 to 2030. Increasing demand for protein worldwide, changing consumer tastes and preferences, and rising investments and innovations are some factors that deepen the focus on the protein industry. In recent years, substantial breakthroughs in the science of genetic engineering have enabled the cost-effective and sustainable reprogramming of microorganisms (synthetic biology) to create a wide range of specialized food protein constituents.

Some of the Prominent Key Players are:

• Perfect Day, Inc. (US)
• Impossible Foods Inc. (US)
• Geltor (US)
• The Every Co. (US)
• Motif FoodWorks, Inc. (US)
• MycoTechnology (US)
• Mycorena (Sweden)
• Eden Brew (Australia)

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=30824914

Drivers: Growing adoption of vegan as well as meat-free lifestyles

According to the Food Revolution Organization survey in 2018, 50% of respondents supported the slaughterhouse ban. Furthermore, respondents confessed that they are uncomfortable with the ways the animals are treated in the food industry; therefore, consumers are shifting toward animal-free products. To fulfill the requirements of vegan consumers, manufacturers introduce various plant-based products in the market, which incorporate animal-free ingredients from various sources such as plants and microbes, thereby boosting the precision fermentation market. In major countries like the US and UK, a substantial increase in the population adopting vegan and meat-free lifestyles has been seen. Also, in 2018, it has been observed that the number of vegans in the US increased by 600% in the last three years as per the Food Revolution Organization.

Opportunities: Development of novel protein production systems

Identifying novel techniques for generating protein through targeted R&D and infrastructure investments will remain critical in capturing value, optimizing resources, and developing precision fermentation competitive advantages. Many innovative protein production systems are being scaled up and commercialized to develop animal-free meat and microalgae and utilize new and uncommon feedstocks such as CO2. These novel production systems are expected to gain importance as traditional food systems.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=30824914

The Asia Pacific region is projected to grow at the highest CAGR in the precision fermentation market during the forecast period

The key factors driving the Asia Pacific precision fermentation market are the changing lifestyles of consumers, the rapid growth of the middle-class population, and rising consumer awareness about health & fitness. Also, investments and expansions in the region drive the growth of the Asia Pacific market.

Japan Dietary Supplements Market to Grow at a CAGR 5.8% from 2023 to 2028

According to a research report "Japan Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function, Mode of Application, Target Consumer, Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online) and Region - Global Forecast to 2028”, published by MarketsandMarkets, Japan Dietary Supplements Market to Grow at a CAGR 5.8% from 2023 to 2028.

Download PDF Beochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=973

The growing demand for sports nutrition products and the adoption of active lifestyles.

The strong focus on physical fitness and sports participation creates a higher demand for dietary supplements among athletes and fitness enthusiasts. These individuals seek supplements that can optimize their performance, aid in muscle recovery, and provide the necessary nutrients for their active lifestyles. Thus increased demand for sports-specific supplements stimulates the growth of the dietary supplements market. The sports nutrition segment within the industry specifically caters to the unique needs of athletes and those involved in intense physical activities.

Manufacturers develop specialized products such as protein powders, amino acid supplements, pre-workout formulas, and recovery supplements that are specifically tailored to support athletic performance and facilitate faster recovery. This specialization creates a distinct market niche within the broader dietary supplement industry. Furthermore, the aging population in Japan has fueled the growth of the dietary supplements market as individuals prioritize maintaining health and vitality. With age-related changes and increased susceptibility to health conditions, dietary supplements are viewed as a proactive and convenient way to address specific nutritional needs and support healthy aging. The emphasis on preventive healthcare in Japanese culture further contributes to the popularity of supplements, which are seen as part of a comprehensive approach to wellness.

Request Sample Pages: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=973

The elderly age group hold a significant share in the dietary supplements market by target consumer during the forecast period

Due to the increasing aging population and their specific nutritional needs. As individuals age, they may require additional support to address nutritional deficiencies and age-related health concerns. Dietary supplements provide a convenient and targeted solution to fulfill these needs, offering vitamins, minerals, and other essential nutrients. The elderly segment seeks supplements to support joint health, cognitive function, cardiovascular health, bone strength, and immune system function. Manufacturers are developing specialized formulations to cater to the unique requirements of older adults. With the growing elderly population, the dietary supplements market is expected to experience significant growth in this segment.

China Dietary Supplements Market to Grow at a CAGR 8.3% from 2023 to 2028

According to a research report "China Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function, Mode of Application, Target Consumer, Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online) and Region - Global Forecast to 2028”, published by MarketsandMarkets, China Dietary Supplements Market to Grow at a CAGR 8.3% from 2023 to 2028.

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=973

Elderly and millennial populations are the key users of dietary supplements.

Millennials in China exhibit a strong affinity for technology and rely heavily on online platforms for their shopping needs. This tech-savvy generation enjoys convenient access to a diverse selection of dietary supplements through e-commerce channels. This accessibility allows them to easily explore and purchase products that align with their health and wellness goals, providing a seamless shopping experience.

On the other hand, the elderly population in China places great importance on maintaining good health and well-being as they advance in age. They actively seek proactive measures to enhance their overall health, manage age-related conditions, and bolster their immune systems. For this purpose, dietary supplements emerge as a convenient and readily available solution, effectively meeting their nutritional requirements and addressing specific health concerns. The dietary supplements market in China is driven by shifts in dietary habits due to urbanization and busy lifestyles. With an increased reliance on processed foods, there is a growing need for dietary supplements to address potential nutrient deficiencies and provide essential vitamins, minerals, and beneficial compounds. Additionally, the influence of Traditional Chinese Medicine (TCM) is significant, as many dietary supplements in China are formulated based on TCM principles and ingredients. These TCM-based supplements are believed to support health and promote balance in the body.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=973

Key players in this market include Nestle (Switzerland), Abbott (US), Amway Corp (US), Pfizer Inc. (US), ADM (US), International Flavors & Fragrance (US), Otsuka Holdings Co., Ltd (Japan), Glanbia PLC (Ireland), GSK PLC. (UK), Bayer AG (Germany), Herbalife International of America, Inc. (US), Nature's Sunshine Products, Inc (US), Bionova (Canada), ArkoPharma (France), American Health (US), Pure Encapsulation (US), H&H Group (Hong Kong), Nu Skin (US), Power Gummies (India), Biomedical Research Laboratories (US), HealthKart (India), NutriScience Corporation (US), Nature's Essentials (US), and Life Extension (US).

France Dietary Supplements Market Growth Opportunities by 2028

According to a research report "France Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function, Mode of Application, Target Consumer, Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online) and Region - Global Forecast to 2028”, published by MarketsandMarkets, France Dietary Supplements Market to Grow at a CAGR 6.1% from 2023 to 2028.

Download PDF Brochure: 

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=973

Government support for the consumption of nutritional supplements to drive demand.

France is considered one of the fastest-growing markets in terms of value sales in the European dietary supplements market. The country has witnessed an increase in the consumption of food supplements, which are concentrated sources of nutrients, plants, or other substances. According to a journal published in the Elsevier Public Health Emergency Collection, vitamin sales in France alone grew by approximately 40-60% in March 2020 compared to the same period the previous year.

The growth in vitamin sales in France has had a positive impact on the dietary supplements market. Increased consumer demand for vitamins reflects a greater focus on health and wellness, particularly during public health emergencies like the COVID-19 pandemic. This surge in vitamin sales has led to an increased interest in dietary supplements overall. Consumers who incorporate vitamins into their routines are more likely to explore and purchase other types of supplements, such as minerals, herbal products, and probiotics. The rising demand for dietary supplements presents opportunities for manufacturers and suppliers to develop innovative products tailored to consumer needs. Additionally, the popularity of online platforms and e-commerce has expanded the reach of the dietary supplement market in France, providing convenient access for consumers.

France Dietary Supplements Market 

The growing awareness about the health benefits associated with the consumption of various types of nutraceutical products, government support for the use of nutritional supplements, and the rising demand for such supplements from the pharmaceutical industry are the key factors driving the dietary supplements market in France.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Germany Dietary Supplements Market to Grow at a CAGR 5.8% from 2023 to 2028

According to a research report "Germany Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function, Mode of Application, Target Consumer, Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online) and Region - Global Forecast to 2028”, published by MarketsandMarkets, Germany Dietary Supplements Market to Grow at a CAGR 5.8% from 2023 to 2028.

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=973

Consumer demand for specific nutrients drives market growth.

The increasing demand for plant-based food products in Germany has led to a parallel growth in the dietary supplements market. Plant-based diets offer numerous essential nutrients, but there may be specific vitamins, minerals, or beneficial compounds that are not adequately obtained solely from plant sources. As a result, there is a rising demand for dietary supplements that can complement plant-based diets and help fill potential nutritional gaps. Consumers are actively seeking supplements that provide the specific nutrients commonly found in animal-based products, such as vitamin B12, iron, omega-3 fatty acids, and protein. Individuals following plant-based diets often have distinct dietary preferences or restrictions, such as vegan or vegetarian lifestyles. They may also have specific health goals, including muscle recovery, increased energy levels, or overall well-being. Dietary supplements serve as a valuable means of providing targeted nutritional support to individuals adhering to plant-based diets. These supplements address their unique requirements, optimize their health outcomes, and help them achieve their desired health goals.

Germany Dietary Supplements Market

In essence, the demand for dietary supplements in the context of plant-based diets arises from the need to bridge potential nutritional gaps, cater to specific dietary preferences and restrictions, and support individuals in reaching their health and wellness objectives. By offering supplements that fulfill these requirements, the dietary supplements market in Germany is flourishing alongside the increasing popularity of plant-based eating habits.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=973

Some of the prominent key players are:

• Bayer AG
• Pfizer Inc.
• Sanofi SA
• Merck KGaA
• GlaxoSmithKline PLC
• Nutrilo GmbH
• DSM Nutritional Products AG
• Vital Health Foods
• Natures Aid Ltd.
• Hübner Naturarzneimittel GmbH

UK Dietary Supplements Market to Grow at a CAGR of 7.6% from 2023 to 2028

According to a research report "UK Dietary Supplements Market by Type (Botanicals, Vitamins, Minerals, Amino Acids, Enzymes, Probiotics), Function, Mode of Application, Target Consumer, Distribution Channel (Pharmacy, Supermarket/Hypermarket, Online) and Region - Global Forecast to 2028”, published by MarketsandMarkets, UK Dietary Supplements Market to Grow at a CAGR 7.6% from 2023 to 2028.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=973

The popularity of herbal and probiotics supplements in the UK to boost demand.

The maket for herbal and probiotic supplements in the UK is experiencing significant growth due to increasing consumer preference for natural alternatives to maintain health and well-being. Herbal supplements, which are derived from plant sources, are highly valued for their perceived holistic approach to wellness and association with traditional healing practices. This popularity is fueled by consumers' belief in the natural benefits offered by these supplements. Additionally, the availability of comprehensive information and educational resources through online platforms, health publications, and healthcare professionals has played a crucial role in driving consumer awareness and subsequently boosting the demand for herbal and probiotic supplements. Probiotic supplements, in particular, have gained substantial attention in the UK due to their potential benefits for digestive health. With an increasing understanding of the gut-brain connection and the significant role of gut health in overall well-being, there has been a surge in demand for probiotic supplements that support a healthy gut microbiome.

UK Dietary Supplements Market

The Health Food Manufacturers Association (HFMA) commissioned a new survey, Health of the Nation 2021: Lockdown Focus, which revealed a 19% increase in supplement users in the UK. According to the data, the number of daily UK supplement users had risen to nearly 20 million, a 19% increase since the last survey in 2019, when the figure was 16.5 million. Over 71% of adults use food supplements, with one-third claiming the pandemic was the catalyst Vitamin D was the most popular dietary addition among new users, accounting for 63%, followed by vitamin C (39%).

Request Sample: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=973

UK Dietary Supplements Market Key Players:

• GlaxoSmithKline plc
• Pfizer Inc.
• Atrium Innovations Inc.
• Amway Corporation
• NBTY, Inc.
• Herbalife International of America, Inc.
• Bayer AG
• Nature's Bounty Co.
• GNC Holdings, Inc.
• Solgar, Inc.

Enteric Disease Testing Market Growth Opportunities by 2026

The enteric disease testing market is projected to grow at a CAGR of 6.0% to reach USD 2.4 billion by 2026. The increasing food demand has compelled farmers, food manufacturers, and suppliers to increase the quantity and improve the quality of agricultural produce and food products. To meet the increasing food demand, global food production must be increased by 70% by 2050, according to the Food and Agriculture Organization of the United Nations (FAO). The increase in global food production impacts the growth of the enteric disease testing market with an increasing number of enteric disease controls in each step—from the raw material procurement till the product reaches consumers, who look out for accredited certification when they purchase food products to ensure the safety of food.

Download PDF Brochure: 
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=139763313

Driver: Increase in demand for convenience foods

Busy lifestyles have slowly shifted consumer focus from traditional buying of raw food products to convenience and packaged food products, such as frozen foods and ready-to-eat (RTE) meals. For higher marketability, additives are used to accentuate the organoleptic characteristics of food & beverages. Packaged products are also added with preservatives to improve their shelf life.

Opportunity: Technological innovations in the enteric disease testing industry

Technological advancements and innovation across the supply chain have brought about a change in the way business is conducted. The focus is on reducing the lead time, sample utilization, the overall cost of testing services offered. Cheaper, faster, and efficient computing hardware coupled with improved software, network connectivity, and advanced sensors is gaining traction in the enteric disease industry.

The meat, poultry and seafood food sub-segment is estimated to account for the largest market share in the by food end use segment of enteric disease testing market over the forecast period.

The global consumption of meat and processed meat products is highly rising. Further, with expanding globalization, food products are traded, which provides scope for various processes ranging from packaging, handling, storing and transportation, leading to food infestation. All these factors lead to an increased chance of contamination of the food, due to which the meat and seafood products are estimated to account for the highest market share in the market.

Request Sample Pages: 
https://www.marketsandmarkets.com/requestsampleNew.asp?id=139763313

The rising health awareness among consumers in the North American region and presence of key players is projected to account for the largest market size during the forecast period

The high level of awareness about healthy foods and nutrition is projected to drive the market growth for enteric disease testing market in North American region. Furthermore, the US and Canada combined have a high concentration of market players after Europe and are also high on technology adoption.

Key players in this market include SGS SA (Switzerland), Eurofins Scientific (Luxembourg), Intertek Group plc (UK), Bureau Veritas (France), ALS Limited (Australia), and TÜV SÜD (Germany). Key players in this market are focusing on increasing their presence through mergers & acquisitions and new product developments, specific to consumer tastes in these regions. These companies have a strong presence in Europe and North America. They also have manufacturing facilities along with strong distribution networks across these regions.