Making Food with Microbes: Precision Fermentation Market to Reach $34.9 billion by 2031
Growing investments in precision fermentation and the increasing demand and preference for animal-free dairy, meat, and ingredients are contributing to the growth (reported to be at an incredible CAGR of 40.5%) and expansion of this technology into the F&B, cosmetics, and pharmaceutical industries. The reason for the excitement toward this technology is its potential to produce superior-quality proteins at a lower cost compared to animal-based alternatives. It allows the development …
