Further, storage and marketing of microbial biopesticides is another issue that greatly limits the extensive use of BCAs in today's agriculture.
With the recent desire to develop more sustainable bioprocesses for production of fuels, chemicals and materials, the market for microbial production of organic acids has been further expanded as organic acids constitute a key group among top building block chemicals that can be produced from renewable resources.
The markets for microbes, microbial products and enzymes have been estimated by market forecasting firm BCC Research.
Thus, the production of these omega-3 rich oils demands new sources and the efforts in developing microbial production can increase the market share by reducing the prices.
The global market value for microbial products – used as biopesticides in agriculture as well as in chemical production – is an estimated $156 billion in 2011 with an expected increase to more than $259 billion in 2016, for a compound annual growth rate of 10.7%.
Although, there are some shortcomings when compared with traditional calf rennet, even then microbial rennet has been accepted in markets of several countries.
The microbial quality of frozen Pangasius products marketed in Belgium is shown in Table 2.
Table 1 shows that the vast majority of the antibiotic drugs introduced into the market since 2000 are microbial products and are still produced by fermentation.
Lactic acid increased significantly (P < 0.05) from production to the market with no effect on microbial load reduction as shown in Figs. 4 and 5.With fermentation, lactic acid bacteria break down lactose into lactic acid.
This has created some confusion in the market of microbial-based products for plant nutrition, which in the EU has not been regulated yet.
Market and industrial applications of these microbial fermentation products are also discussed.
