Global Gas Fermentation Market Application Prospects and Production Enterprise Analysis in 2023

Global gas fermentation research started in the 1980s, but due to technical limitations, there were few documents related to gas fermentation in the early years. Since 2010, gas fermentation-related documents and citations have shown explosive growth. Research institutions related to gas fermentation include the University of Nottingham Synthetic Biology Research Center (SBRC), the Chinese Academy of Sciences, etc. Gas fermentation refers to a biotechnology in which microorganisms use gas as carbon source and energy to grow and reproduce, and convert raw materials into target products needed by humans through certain metabolic methods.

In recent years, the conversion of greenhouse gases such as carbon monoxide, carbon dioxide, and methane into biological products has gradually become a research hotspot. my country is a major carbon emitter. According to IEA data, my country’s carbon dioxide emissions in 2022 will be 11,477 million tons. In the context of carbon neutrality and carbon peak strategies, gas fermentation technology has attracted much attention, and the market has ushered in huge development opportunities.

According to the “2023-2028 Gas Fermentation Industry Market In-depth Research and Investment Prospect Forecast Analysis Report released by the Industrial Research Center, based on With broad application prospects, the number of participants in the gas fermentation market is constantly increasing, including LanzaTech, Air Protein, Calysta, Arkeon, Phase Bio, Unibio, Deep Branch, Solar Foods, Shougang Langze, Jupeng Biotech, Jizhou Laibo and other companies. LanzaTech is the world’s largest gas fermentation company, with an annual output of approximately 90,000 tons. In February 2023, LanzaTech successfully landed on Nasdaq as a SPAC, with a market value of nearly US$1 billion.

Gas fermentation belongs to the synthetic biology subdivision. From the perspective of the industrial chain, the upstream of the gas fermentation industry chain is the raw material supply end. With the development of technology, gas fermentation carbon sources and energy sources are becoming increasingly widespread, including CO, CO₂, methane, methanol, industrial Waste gas, synthesis gas, hydrogen, etc.; the midstream is the gas fermentation technology layer, which involves strain selection, fermentation control, culture medium preparation, product extraction and other links; the downstream is the product end, through gas fermentation technology, protein, ethanol, acetone can be obtained , ethylene, isopropyl alcohol, long-chain acids and other products. At present, biofuel ethanol has been mass-produced, and a few single-cell protein products have been commercially verified.

The gas fermentation business model is divided into two types: technology licensing platform type, integrated R&D/production combination or production and manufacturing type. At present, the commercialization process of the gas fermentation market is still in its infancy, and only a few chemical products can be efficiently obtained through gas fermentation methods.

Industry analysts said that there are both opportunities and challenges for the development of the gas fermentation industry. Compared with traditional fermentation technology, gas fermentation technology has huge economic benefits and social value. my country is a country with a large population and has a huge demand for ethanol, protein and other products. However, for a long time, there has been a large gap in the market for high-quality protein and ethanol in my country. Gas fermentation technology There is vast space for promotion. Commercialization challenges include how to supply gas stably at low cost, how to ensure the market value of the final biochemical product, how to develop strains with high conversion rates/high quality, how to optimize conventional fermentation equipment, etc.