EUROPE FERMENTATION CHEMICAL MARKET FORECAST 2018-2026

EUROPE FERMENTATION CHEMICAL MARKET FORECAST 2018-2026

  • March 2018 •
  • 96 pages •
  • Report ID: 4595256
KEY FINDINGS
The Europe fermentation chemical market is expected to rise with a CAGR of 5.06% over the forecast years of 2018-2026. A significant contribution from countries like Russia, Germany and the UK is expected to drive this market’s growth.

MARKET INSIGHTS
Opportunities like increasing demand for fermentation chemicals in the leather industry, technological innovations, and a rise in a number of applications are beckoning the market to surge ahead over the projected years of 2018-2026.The German market accounted for the highest revenue share in 2017, and the market is expected to continue its dominance throughout the forecast period.

Germany is well known for its food and beverages industry.There are 6000 small and middle-sized enterprises established in the sector.

A major demand for fermentation chemicals is expected from this vertical.On the other hand, the flourishing alcohol industry in the UK is expected to boost the fermentation market in the nation.

The pharmaceuticals industry is anticipated to witness significant growth during the forecasted period, which is estimated to positively influence the fermentation chemicals market as well.

COMPETITIVE INSIGHTS
Some of the noted market companies for fermentation chemicals include Ab Enzymes GmbH, Hoffmann-La Roche, Archer Daniels Midland Company, Ajinomoto Company Corporation, Lonza Group, Johnson Matthey, Dow Chemical Company, BASF Se, Du Pont Danisco A/S, Evonik Industries Ag, Amano Enzyme Inc, Novozymes A/S, and Novamont.
Country=Europe Date=201803 Topic=Forecast Publisher=InkwoodResearch Price=2000