NORTH AMERICA FERMENTATION CHEMICAL MARKET FORECAST 2018-2026

NORTH AMERICA FERMENTATION CHEMICAL MARKET FORECAST 2018-2026

  • March 2018 •
  • 94 pages •
  • Report ID: 4461522
KEY FINDINGS
North America is the world’s largest market for fermentation chemicals and holds one-third of the total market volume. Over the forecast period of 2018-2026, the market is likely to exhibit a CAGR of 4.67%. The alcohol industry is the key end user of the North American fermentation chemical market.

MARKET INSIGHTS
The North American fermentation market is majorly segmented on the basis of applications and products.In North America, the US market holds the maximum share.

Booming pharmaceutical industry in the U.S. is a key driver for the growth of the fermentation chemicals market. Also, the trends of fermentation chemicals markets are being examined and regulated by the Food & Drug Administration (FDA). The Canadian Market, too, is anticipated to witness a significant growth in the upcoming years, majorly influenced by wide applications of fermentation chemicals in its food additives market. In Mexico, the market growth is majorly influenced by rising consumption level of beverages, which is directly influencing the demand for fermentation chemicals in the region.

COMPETITIVE INSIGHTS
Companies like Amino, Du Pont Danisco A/S, Johnson Matthey, Novamont, Ajinomoto Company Corporation, Amano Enzyme Inc, Archer Daniels Midland Company, Cargill Inc, Lonza Group, Hoffmann-La Roche, Evonik Industries Ag, BASF Se, and Novozymes A/S are established in this market.
Country=NorthAmerica Date=201803 Publisher=InkwoodResearch Price=2000