Fermentation chemicals are used to initiate the chemical reactions for synthesis of of various chemicals. Fermentation chemicals are used to catalyze or initiate the chemical process of fermentation in various products. These chemicals are majorly manufactured by using vegetable feedstock such as sugar, corn, and starch, and are used in the production of bioplastics, biofuels, polymers, and composites. These are required for increasing the pace of the chemical reaction, and this minimize the overall manufacturing cost, fermentation time, and energy consumption. These chemicals are used in various industries including plastic manufacturing, pharmaceuticals, nutraceuticals, and food & beverages (F&B).
Market Dynamics
Increasing use of fermentation chemicals for the manufacturing of organic acids such as citric acid, lactic acid, gluconic acid, and itaconic acid is expected to drive the market growth. Moreover, huge demand for fermentation chemicals from the pharmaceutical industry is expected to drive themarket growth. Fermentation chemicals are widely used as a preservatives and additives across food &beverage industry, and this is expected to offer potential growth opportunities in the near future.
Key features of the study:
- This report provides in-depth analysis of the global fermentation chemicals market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global fermentation chemicals market based on the following parameters company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study Ajinomoto Company Corporation, AB Enzymes, BASF SE, Amano Enzymes Inc., Dow Chemicals, Archer Daniels Midland Company, Novozymes A/S, Cargill Incorporation, Evonik Industries AG, Du Pont Danisco A/S, and DSM
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology up gradation, market expansion, and marketing tactics
- Global fermentation chemicals market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Fermentation Chemicals Market
Detailed Segmentation:
- Global Fermentation Chemicals Market, By Product Type:
- Alcohols
- Enzymes
- Organic Acids
- Others
- Global Fermentation Chemicals Market, By Application :
- Industrial Application
- Food & Beverages
- Nutritional & Pharmaceuticals
- Plastics & Fibers
- Others
- Global Fermentation Chemicals Market , By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Australia
- Rest of Asia Pacific
- Rest of the World
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- North Africa
- Central Africa
- South Africa
- Company Profiles
- Ajinomoto Company Incorporation
- AB Enzymes
- BASF SE
- Amano Enzyme Inc.
- Dow Chemicals
- Archer Daniels Midland Company
- Novozymes A/S
- Cargill Incorporation
- Evonik Industries AG
- Du Pont Danisco A/S
- DSM
