Fermentation chemicals are used to initiate the chemical reactions in synthesize of various chemicals. Fermentation chemicals are used to catalyze or initiate the chemical process of fermentation in various products. These chemicals are majorly manufactured using vegetable feedstock, such as sugar, corn and starch, and are used in the production of bioplastics, biofuels, polymers and composites, among other products. They are crucial for increasing the pace of the chemical reaction, which contributes to minimize the overall manufacturing cost, fermentation time and energy consumption. Owing to this, these chemicals find extensive applications across various industries, including plastic manufacturing, pharmaceuticals, nutraceuticals, and food and 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. Moreover, strong demand for fermentation chemicals from the pharmaceutical industry is propelling market growth. Fermentation chemicals are widely used as a preservatives and additives across food &beverage industry, which is expected to offer potential growth opportunities in the near future.
Key features of the study:
- This report provides an in-depth analysis of global fermentation chemicals market size (US$ Million & Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022 - 2030), considering 2021 s 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 into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading 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 includes 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 the management authorities of companies to make informed decision regarding their future product launches, product up-gradation, market expansion, and marketing tactics
- The global fermentation chemicals market report caters to various stakeholders in this industry including investors, suppliers, global fermentation chemicals manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global fermentation chemicals market.
Detailed Segmentation:
- Global Fermentation Chemicals Market, By 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
- Company Profiles
- Ajinomoto Company Incorporation*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- 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