Global Fermentation Chemical Market Growth 2023-2029

Global Fermentation Chemical Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Fermentation Chemical Industry Forecast” looks at past sales and reviews total world Fermentation Chemical sales in 2022, providing a comprehensive analysis by region and market sector of projected Fermentation Chemical sales for 2023 through 2029. With Fermentation Chemical sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fermentation Chemical industry.

This Insight Report provides a comprehensive analysis of the global Fermentation Chemical landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fermentation Chemical portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fermentation Chemical market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fermentation Chemical and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fermentation Chemical.

The global Fermentation Chemical market size is projected to grow from US$ 144280 million in 2022 to US$ 173830 million in 2029; it is expected to grow at a CAGR of 173830 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Fermentation Chemical market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Alcohols

Enzymes

Amino Acid

Organic Acids

Starch Based Sugar

Yeast

Others

Segmentation by application

Industrials

Food & Beverages

Pharmaceuticals

Chemicals

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Ajinomoto

BASF

DuPont

AB Enzymes

Archer Daniels Midland Company (ADM)

Cargill

Novozymes

DSM

Evonik Industries

Hansen

Amano Enzyme Inc

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fermentation Chemical market?

What factors are driving Fermentation Chemical market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fermentation Chemical market opportunities vary by end market size?

How does Fermentation Chemical break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.