Fermentation Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Fermentation Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • August 2021 •
  • 143 pages •
  • Report ID: 5889853 •
  • Format: PDF
The global fermentation chemicals market exhibited moderate growth during 2015-2020.

Looking forward, the analyst expects the market to grow at a CAGR of 4.6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Fermentation chemicals are used to catalyze or initiate the chemical process of fermentation in various products. These chemicals are majorly manufactured using vegetable feedstock, such as sugar, corn and starch, and are used in the production of bioplastics, biofuels, polymers and composites, among other products. They are crucial for increasing the pace of the chemical reaction, which contributes to minimize the overall manufacturing cost, fermentation time and energy consumption. Owing to this, these chemicals find extensive applications across various industries, including plastic manufacturing, pharmaceuticals, nutraceuticals, and food and beverages (F&B).

The growing F&B industry, along with rapid industrialization across the globe, represent as the key factors driving the growth of the market. Furthermore, the rising demand for alcoholic beverages is also providing a boost to the market growth. Fermented chemicals are primarily used in the production of various alcoholic beverages and food products, such as breads, cheese and pickles. Additionally, advancements in fermentation technologies have enabled large-scale production of several organic acids, such as lactic, tartaric and fumaric acid, thereby increasing the demand for fermentation chemicals across the globe. Moreover, growing consumer awareness regarding environment-friendly and bio-based raw materials is creating a positive outlook for the market growth. Industries are gradually shifting their focus toward fermentation chemicals as an alternative to their synthetic or petroleum-derived counterparts. An increasing product adoption for the manufacturing of steroids and antibiotics, along with extensive research and development (R&D) activities, are also projected to drive the market further.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global fermentation chemicals market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, form and application.

Breakup by Product:
Organic Acids

Breakup by Form:

Breakup by Application:
Industrial Applications
Food and Beverages
Nutritional and Pharmaceuticals
Plastics and Fibers

Breakup by Region:
North America
United States
Asia Pacific
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being BASF SE, AB Enzymes, Ajinomoto Co. Inc., Amano Enzymes Inc., Archer Daniels Midland Company (ADM), Cargill Incorporated, Chr. Hansen A/S, DSM, Evonik Industries AG, Novozymes A/S, The Dow Chemical Company, Koch Industries Inc. (Invista BV), etc Key Questions Answered in This Report:
How has the global fermentation chemicals market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global fermentation chemicals market?
What is the breakup of the market based on the product?
What is the breakup of the market based on the form?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global fermentation chemicals market and who are the key players?
What is the degree of competition in the industry?