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

Industrial Fermentation Chemical Trends and Forecast

The future of the global industrial fermentation chemical market looks promising with opportunities in the industrial, food & beverage, nutritional and pharmaceutical, and plastic & fiber markets. The global industrial fermentation chemical market is expected to reach an estimated $92.2 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising demand for bio-based feedstock and growing demand for various organic acids from fiber as well as plastic manufacturing makers.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Industrial Fermentation Chemical by Segment

The study includes a forecast for the global industrial fermentation chemical by product type and region.

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

• Alcohol
• Enzyme
• Organic Acid
• Others

Industrial 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 Industrial 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 industrial fermentation chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial fermentation chemical companies profiled in this report include-

• BASF
• Novozymes
• DuPont Danisco
• DSM
• Amano Enzymes
• Dow
• ADM

Industrial Fermentation Chemical Market Insights

Within this market, alcohol will remain the largest segment due to growing utilization of alternative energy sources and biofuels based on alcohol.

North America will remain the largest region over the forecast period due to significant use of fermentation to produce a wide variety of specialty chemicals, including enzymes, organic acids, and biopolymers in the region.

Features of the Global Industrial Fermentation Chemical Market

Market Size Estimates: Industrial 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: Industrial fermentation chemical market size by product type and region in terms of value ($B).

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

Growth Opportunities: Analysis of growth opportunities in different product types and regions for the industrial fermentation chemical market.

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

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

FAQ

Q1. What is the industrial fermentation chemical market size?

Answer: The global industrial fermentation chemical market is expected to reach an estimated $92.2 billion by 2030.

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

Answer: The global industrial 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 industrial fermentation chemical market?

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

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

Answer: The future of the industrial fermentation chemical market looks promising with opportunities in the industrial, food & beverage, nutritional and pharmaceutical, and plastic & fiber markets.

Q5. Who are the key industrial fermentation chemical market companies?

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

• BASF
• Novozymes
• DuPont Danisco
• DSM
• Amano Enzymes
• Dow
• ADM

Q6. In industrial fermentation chemical market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to significant use of fermentation to produce a wide variety of specialty chemicals, including enzymes, organic acids, and biopolymers in the region.

Q7. 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 industrial fermentation chemical market by product type (alcohol, enzyme, organic acid, 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?