The Bio Global Leader


Fermentation Industry

  1. A high value-added industry that utilizes various substances such as microorganisms, enzymes, amino acids, vitamins, alcohol, and acetic acid.
  2. Expanding into various fields to form an extended industrial group
    Food fermentation: Soy sauce, kimchi, alcoholic beverages, etc.
    Pharmaceutical fermentation: Medicines, enzymes, etc.
    Others: Environment, energy and beauty, etc.
Fermented Food Industry Food Agricultural food (soy sauce, kimchi, pickles, etc.), sea food (salted seafood, sweet rice drink, etc.), livestock products (fermented milk, cheese, etc.)
Alcoholic Beverages Grain wine (unrefined and refined rice wine), fruit wine (grape wine, wild grape wine, plum wine), beer
Vinegars Vinegars made from fruits, grains, etc.
Fermented Material Industry Primary metabolites Amino acids (MSG, lysine), nucleic acids (IMP, GMP), organic acids (citric acid, succinic acid, lactic acid, acetic acid, gluconic acid)
Secondary metabolites Antibiotics, pigments, toxins, alkaloids
Health supplements Probiotics, vitamins, fructose, polysaccharides
Derivatives Amino acids (3000 species), nucleic acids, organic acids (PLS, PSA)
Enzyme Industry Edible products Starch saccharification of various grains (grain saccharifying enzyme), dairy fermentation, confectionery and baking, fruit and vegetable juice, food preservation, egg processing, fish processing, fermented liquor, etc.
Industrial products Various enzymes for biotechnical applications (Taq polymerases, restriction enzymes, etc.), detergents, cellulosic enzymes, etc.
Medicinal products Products for medical treatment (digestive agent, thrombolysis, anti-tumor enzyme, etc.), diagnostic enzyme (cholesterol, triglyceride, etc.), drug extracting enzyme
Food and Energy Industry Food, feed, single-cell Protein (SCP), microalgae
Bio energy Alternative energy (biohydrogen, biodiesel, bioethanol, etc.)
Environmental Industry Water purification Biological treatment of sewage and wastewater
Beauty Industry Beauty products Beauty products using fermented raw materials such as fermented cosmetics and fermented soap

Industrial Value

  • The size of the global market for microorganism-related products is expected to reach USD 259 billion
    Expansion across various industries including food, feed, enzyme, beauty, energy, medicine, and environmental purification
  • Growth from USD 156 billion in 2011 to over USD 259 billion in 2016
    (The average annual growth rate for 5 years is 10.7%)
  • The market for microorganisms alone
    USD 4.9 billion in 2011 / USD 6.8 billion in 2016
  • Global market for microbial medicines including vaccines, protein therapeutics, and therapeutic antibodies
    USD 169 billion, 23% of the entire pharmaceutical market / Encroaching on the synthetic drugs market
  • Biofunctiona proteins such as vaccines, hormones, and antibodies
    Development from recombinant microorganisms into mass-produced pharmaceuticals
  • Until today, only about 1% of all microorganisms can be cultured.
    Abundant underutilized resources - The blue ocean of the future bio industry

Outlook for the Korean Fermentation Industry

  • The prospects for fermented food, the nation's premier specialty, are very bright.
  • Explosive increase in demand for fermented food, a byword of well-being
  • The world's largest variety of fermented food and centuries of expertise owned by the entire nation offer huge potential
  • An enormous market for the fermentation sector is awaiting developments, such as China that lags behind Korea.

Global Food Market

[The size of the global food market compared to other major industries](Unit: USD 1 billion)

Category 11 12 13 14 15 16 17 18
Food 4,817.60 4,983.70 5,158.50 5,347.70 5,563.90 5,788.20 6,030.80 6,291.00
Automobile 1,345.80 1,433.10 1,521.10 1,657.60 1,782.60 1,904.70 2,012.50 2,151.80
IT 2,482.80 2,596.00 2,854.30 2,946.30 3,093.80 3,271.80 3,423.80 3,581.00
Steel 1,229.80 1,120.90 1,027.70 1,045.30 1,132.20 1,250.70 1,267.80 1,357.30
Data : '15.7 Datamonitor(,' 14.12 Marketline(, Datamonitor. Marketline: UK Research & Consulting Agency

Representative Fermented Foods

Fermented Grain and Soybean Products

Bread, alcoholic beverages made from grains, soy sauce, bean paste, cheonggukjang (fast-fermented bean paste)

Fermented Vegetables and Fruits

Kimchi, vinegar, alcoholic beverages using fruits, Teas (black tea, puer tea)

Fermented Animal Food

Cheese, yogurt, salted fish