Market Research Report
World Markets for Fermentation Ingredients
|Published by||BCC Research||Product code||337707|
|Published||Content info||249 Pages
Delivery time: 1-2 business days
|World Markets for Fermentation Ingredients|
|Published: May 30, 2019||Content info: 249 Pages||
The global market for fermentation-derived fine chemicals should grow from $26.4 billion in 2019 to $32.1 billion by 2024, with a compound annual growth rate (CAGR) of 4.0% for the period of 2019-2024.
Amino acids market should grow from $10.3 billion in 2019 to $13.4 billion by 2024, with a CAGR of 5.3% for the period of 2019-2024.
Industrial enzymes market should grow from $6.9 billion in 2019 to $7.9 billion by 2024, with a CAGR of 2.6% for the period of 2019-2024.
After categorizing the main fermentation products, the report describes each individual product, reviews industry developments, estimates current volumes produced and consumed, and finally considers price trends and industry structure.
Building on carbohydrate conversion rates and production sites, the report estimates demand for carbohydrates for specific regions and contrasted it with availability. The regions and products that may experience tighter production due to restrained raw materials are identified.
This report does not cover every industrial product that is fermented. Most of the products covered in this report have been on the market for years, but the examples of astaxanthin and beta-carotene demonstrate how difficult it is to introduce such products with sustainability. Few recently introduced industrial fermentation products have become mainstream practices, and many new products ultimately disappear.
The report concludes with a review of the most important companies active in the fermentation process arena.