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GLOBAL FERMENTATION CHEMICAL MARKET FORECAST 2018-2026

GLOBAL FERMENTATION CHEMICAL MARKET FORECAST 2018-2026

  • March 2018
  • 152 pages
  • ID: 4461521
  • Format: PDF
  • By Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The Global Fermentation Chemical Market is likely to exhibit a CAGR of 5.40% over the forecast period of 2018-2026. Factors like growing bioethanol industry, increasing utilization of fermentation chemicals in the cosmetic and alcohol industry and rising awareness about food preservation are propelling the market growth.

MARKET INSIGHTS
The Global Fermentation Chemical market is primarily segmented on the basis of products and applications.The products segment includes enzymes, alcohols (Ethanol and other alcohols), organic acids and other products.

The application segment includes food and beverages, industrial application market, plastics and fibres, nutritional and pharmaceuticals and other applications.

REGIONAL INSIGHTS
Regionally, the global fermentation chemical market covers areas like Asia-Pacific, Europe, North America and rest of world. North America is predicted to reign the global market by the end of the forecast period, with a major contribution coming from the U.S market. The region has witnessed a significant boom in the pharma industry, which in turn, is considerably increasing the market demand. This is followed by the Asia-Pacific market which is slated to showcase a significant growth between 2018-2026. China and India are expected to emerge as strong contenders in the Asia-Pacific fermentation chemical market in the coming years.

COMPETITIVE INSIGHTS
Big-league players like Ab Enzymes GmbH, Ajinomoto Company Corporation, Basf Se, Dow Chemical Company, Amano Enzyme Inc, Archer Daniels Midland Company, Cargill Inc, Novozymes A/S, Evonik Industries Ag, Du Pont Danisco A/S, Chr. Hansen A/S, Hoffmann-La Roche, Fuso Chemical, Amino, Johnson Matthey, Novamont and Lonza Group are competing in this market.

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