Global Microbial Products Markets, Technology and Applications Report 2023: Market Trends 2019-2021, Estimates for 2022 and CAGR Projections through 2027 - ResearchAndMarkets.com
The total global market for microbes and microbial products was worth $229.9 billion in 2021.
- The total global market for microbes and microbial products was worth $229.9 billion in 2021.
- The 2022 market is projected to exceed $242.0 billion, and the 2027 market is expected to approach $346.3 billion.
- A microbial product refers to any substance produced by microorganisms, such as bacteria, fungi, and algae, that has commercial value.
- This report addresses the global market for microbes and microbial products used in commercial applications from 2021 through 2027.