Fermentation Chemical Market Report: Trends, Forecast and Competitive Analysis to 2030

Fermentation Chemical Trends and Forecast

The future of the global fermentation chemical market looks promising with opportunities in the industrial application, food & beverage, nutritional & pharmaceutical, and plastics & fibers applications. The global fermentation chemical market is expected to reach an estimated $120.7 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing demand for demand for bio-based feedstock and rising demand for various organic acids from fiber and plastic manufacturing sector.

A more than 150-page report is developed to help in your business decisions.

Fermentation Chemical by Segment

The study includes a forecast for the global fermentation chemical by product, application, and region.

Fermentation Chemical Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Alcohols
• Enzymes
• Organic Acids
• Others

Fermentation Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Others

Fermentation Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Fermentation Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fermentation chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fermentation chemical companies profiled in this report include-

• BASF SE
• Novozymes
• DuPont Danisco
• DSM
• Amano Enzymes

Fermentation Chemical Market Insights

Lucintel forecasts that alcohol is expected to witness the highest growth over the forecast period due to its increasing demand from variety of industries, such as food and beverages, pharmaceuticals, and cosmetics.

Within this market, industrial is expected to witness the highest growth over the forecast period.

North America is expected to witness highest growth over the forecast period due to extensive demand for fermentation chemicals from various end use industries, such as pharmaceuticals, industrial, and food & beverages in the region.

Features of the Global Fermentation Chemical Market

Market Size Estimates: Fermentation chemical market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Fermentation chemical market size by product, application, and region in terms of value ($B).

Regional Analysis: Fermentation chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the fermentation chemical market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fermentation chemical market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the fermentation chemical market size?

Answer: The global fermentation chemical market is expected to reach an estimated $120.7 billion by 2030.

Q2. What is the growth forecast for fermentation chemical market?

Answer: The global fermentation chemical market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the fermentation chemical market?

Answer: The major drivers for this market are growing demand for demand for bio-based feedstock and rising demand for various organic acids from fiber and plastic manufacturing sector.

Q4. What are the major segments for fermentation chemical market?

Answer: The future of the fermentation chemical market looks promising with opportunities in the industrial application, food & beverage, nutritional & pharmaceutical, and plastics & fibers applications.

Q5. Who are the key fermentation chemical market companies?

Answer: Some of the key fermentation chemical companies are as follows:

• BASF SE
• Novozymes
• DuPont Danisco
• DSM
• Amano Enzymes

Q6. Which fermentation chemical market segment will be the largest in future?

Answer: Lucintel forecasts that alcohol is expected to witness the highest growth over the forecast period due to its increasing demand from variety of industries, such as food and beverages, pharmaceuticals, and cosmetics.

Q7. In fermentation chemical market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to extensive demand for fermentation chemicals from various end use industries, such as pharmaceuticals, industrial, and food & beverages in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the fermentation chemical market by product (alcohols, enzymes, organic acids, and others), application (industrial application, food & beverages, nutritional and pharmaceutical, plastics and fibers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?