The global Fermentation Chemical market was valued at US$ 134580 million in 2020 and it is expected to reach US$ 171950 million by the end of 2027, growing at a CAGR of 2.6% during 2021-2027.
Fermentation is a metabolic process in which an organism converts a carbohydrate, such as starch or a sugar, into an alcohol or an acid. For example, yeast performs fermentation to obtain energy by converting sugar into alcohol. Bacteria perform fermentation, converting carbohydrates into lactic acid.
The world’s leading producers of Fermentation Chemical are Ajinomoto, BASF, DowDuPont, ADM, Cargill, Novozymes, CJ, Meihua, COFCO, Lesaffe, etc. The top ten players of Fermentation Chemical account for approximately 15% of the total market. North America is the largest market of Fermentation Chemical accounting for about 43%, followed by Europe and China. In terms of Type, Alcohols is the largest segment, with a share about 53%. And in terms of Application, the largest application is Industrials, followed by Food & Beverages.
Global Fermentation Chemical Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Fermentation Chemical Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Ajinomoto, Basf, DuPont, AB Enzymes, Archer Daniels Midland Company (ADM), Cargill, Novozymes, DSM, Evonik Industries, Hansen, Amano Enzyme Inc and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Amino Acid
- Organic Acids
- Starch Based Sugar
Segment by Application
- Food & Beverages
Table of Content:
1 Fermentation Chemical Market Overview
2 Fermentation Chemical Market Competition by Manufacturers
3 Fermentation Chemical Retrospective Market Scenario by Region
4 Global Fermentation Chemical Historic Market Analysis by Type
5 Global Fermentation Chemical Historic Market Analysis by Application
6 Key Companies Profiled
7 Fermentation Chemical Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Fermentation Chemical Market Dynamics
10 Global Fermentation Chemical Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.