Precision fermentation plays at the intersection of synthetic biology and sustainable food production. Over the past few years, this technology space has witnessed high venture capital momentum. Despite the massive funding momentum, the reality remains that precision fermentation-derived proteins are still a tiny fraction of the enormous protein industry. In this report, we analyze the market penetration potential of seven target categories — from proteins to health ingredients — based on five different metrics and highlight case studies from key innovators. Developers must overcome technology value chain challenges to scale up the target ingredient production and strike the right strategic partnerships to make a tangible market impact.
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