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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. Sample figures with some insights are shown below.
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?
For any questions related to Fermentation Chemical Market, Fermentation Chemical Market Size, Fermentation Chemical Market Growth, Fermentation Chemical Market Analysis, Fermentation Chemical Market Report, Fermentation Chemical Market Share, Fermentation Chemical Market Trends, Fermentation Chemical Market Forecast, Fermentation Chemical Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Fermentation Chemical Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Fermentation Chemical Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fermentation Chemical Market by Product
3.3.1: Alcohols
3.3.2: Enzymes
3.3.3: Organic Acids
3.3.4: Others
3.4: Global Fermentation Chemical Market by Application
3.4.1: Industrial Application
3.4.2: Food & Beverages
3.4.3: Nutritional and Pharmaceutical
3.4.4: Plastics and Fibers
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Fermentation Chemical Market by Region
4.2: North American Fermentation Chemical Market
4.2.2: North American Fermentation Chemical Market by Application: Industrial Application, Food & Beverages, Nutritional and Pharmaceutical, Plastics and Fibers, and Others
4.3: European Fermentation Chemical Market
4.3.1: European Fermentation Chemical Market by Product: Alcohols, Enzymes, Organic Acids, and Others
4.3.2: European Fermentation Chemical Market by Application: Industrial Application, Food & Beverages, Nutritional and Pharmaceutical, Plastics and Fibers, and Others
4.4: APAC Fermentation Chemical Market
4.4.1: APAC Fermentation Chemical Market by Product: Alcohols, Enzymes, Organic Acids, and Others
4.4.2: APAC Fermentation Chemical Market by Application: Industrial Application, Food & Beverages, Nutritional and Pharmaceutical, Plastics and Fibers, and Others
4.5: ROW Fermentation Chemical Market
4.5.1: ROW Fermentation Chemical Market by Product: Alcohols, Enzymes, Organic Acids, and Others
4.5.2: ROW Fermentation Chemical Market by Application: Industrial Application, Food & Beverages, Nutritional and Pharmaceutical, Plastics and Fibers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fermentation Chemical Market by Product
6.1.2: Growth Opportunities for the Global Fermentation Chemical Market by Application
6.1.3: Growth Opportunities for the Global Fermentation Chemical Market by Region
6.2: Emerging Trends in the Global Fermentation Chemical Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fermentation Chemical Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Fermentation Chemical Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BASF SE
7.2: Novozymes
7.3: DuPont Danisco
7.4: DSM
7.5: Amano Enzymes
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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