GLOBAL FERMENTATION CHEMICAL MARKET FORECAST 2018-2026

The Global Fermentation Chemical market is anticipated to grow at a CAGR of 5.40% between 2018 and 2026. The significant increase in food & beverage industry can be attributed to the market growth of the global fermentation chemical market. The Fermentation Chemical market is primarily driven by the following factors:

  • Growing demand from the alcohol industry
  • Rising consumption in the cosmetics and pharmaceutical industry
  • Trending cosmetics industry
  • Growing demand from agricultural industry owing to eco-friendly nature of fermentation chemicals
  • Growth and development of bioethanol industry
  • Rising awareness about food preservation
  • Demand for antibiotics is high

The important drivers increasing growth in the global fermentation chemical market are growing demand from the alcohol industry and rising consumption in the cosmetics and pharmaceutical industry. With the ever-increasing population along with disposable incomes of the individuals, the demand for alcoholic beverages has also seen an upward trend. Also, the developing and developed regions are also exporting and importing alcohol due to the rising demand, which further fuel the growth of the fermentation chemical market. Further, there has been a huge demand for antibiotics for both human and animal consumption, thus increasing the overall healthcare expenditures.

The application of the fermentation chemical market is used extensively for various purposes. It is widely used for various industrial applications like chemical industry, rubber, plastic, leather, biofuel, textile industry and many more. In case of food and beverages, with fermentation chemicals, animal feed, food additives, alcoholic beverage and industrial enzymes are produced. Out of these, alcoholic beverages are the main driver of the growth of the Food and Beverages Industry. For the pharmaceutical industry, products like vaccines, anti-cancer drugs, drugs for hormone disorder, cytotoxic drugs, and many others are produced using microbial fermentation. Also, fermentation chemicals hold huge potential in automobiles and construction industries and for further growth in plastic and fibres application. Lastly, fermentation chemicals are widely used in cosmetic and paper industries.

Fluctuating production due to limited availability of raw material is the major factor hindering the growth of the global fermentation chemical market. Sugar, starch, insulin, and lignocelluloses are the raw materials that are used majorly. Raw materials are required for industrial fermentations which is quite a challenge for the industry. This is because with the global demand growth, while worldwide production does not, the regional supplies starts fluctuating.

The Global Fermentation Chemical market segments include applications and products.

Applications are segmented into:

  • Industrial Applications Market
  • Food and Beverages
  • Nutritional and Pharmaceuticals
  • Plastics and Fibers
  • Other Application

Products are segmented into:

  • Alcohols (Ethanol and other alcohols)
  • Enzymes
  • Organic Acids
  • Other Products

This report covers the present market conditions and the growth prospects of the global fermentation chemical market for 2018-2026 and considered the revenue generated through the sales of fermentation chemical for application and products to calculate the market size, by considering 2017 as the base year.

Geographically, the global fermentation chemical market has been segmented on the basis of four major regions, which include:

The Fermentation Chemical market in North America, followed by the Asia Pacific, is expected to hold the largest share by 2026 owing to the growing pharmaceutical industries and increasing demand for industrial applications. The US is the major country that holds around XX % share in the use of fermentation chemicals in the region and XX% of the share of the global pharmaceutical industry. This country is followed by Canada and Mexico. The Canadian market is flourishing due to the huge applications of fermentation chemicals in the food additives market. In North America, the Alcohol industry is the key end-user for this market. On the other hand, the Asia Pacific is anticipated to be the fastest growing region for the fermentation chemical market. In APAC, China is expected to have the largest share, followed by India.

The fermentation chemical market is segmented based on its Products; which are sub-divided into Alcohols, Enzymes, Organic Acids, and Other Products. Alcohol holds the biggest market share among all the fermentation chemical products. This product is widely used in various industries like paint industry, the pharmaceutical industry, food, and beverage industry and chemical industry. Enzymes are used in industries like textile, brewing, pharmaceuticals, paper, baking, and detergent industry, and holds the second largest share in the market. Organic acids are organic compounds and frequently used in animal feed, food and beverage industry and chemical industry. Other major fermentation chemical products are xanthan, antibiotics, and vitamins among others which holds a good market share.

The major market players in the global fermentation chemical market are:

  • AB ENZYMES GMBH
  • BASF SE
  • AMANO ENZYME INC.
  • DOW CHEMICAL COMPANY
  • NOVAMONT

Company Profiles covers analysis of important players.

AB Enzymes GMBH is a majorly recognized enzymes company based in Germany. Its main focus is on biofuel market and plays a major role at the same time in baking, milling and offer enzymes for industrial applications worldwide. It represents about 50 countries worldwide and has regional offices located in different locations such as US, Singapore, China, and Brazil. DOW Company is based in the US and is world’s largest chlorine producers and largest plastic manufacture. It majorly deals with plastics businesses, special chemicals, agro-sciences and advanced materials. More than 117 years old, this company has 179 sites in 35 countries across the globe and manufactures more than 6000 products families.

Key Findings of the global fermentation chemical market:

  • North America has the largest market share in the global market
  • Rising demand for food additives and animal food industry is expected to boost the industrial application market
  • Organic acid is the fast-growing segment product

TABLE OF CONTENTS
  1. RESEARCH SCOPE
    1. STUDY GOALS
    2. SCOPE OF THE MARKET STUDY
    3. WHO WILL FIND THIS REPORT USEFUL?
    4. STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    1. SOURCES OF DATA
      1. SECONDARY DATA
      2. PRIMARY DATA
    2. TOP DOWN APPROACH
    3. BOTTOM-UP APPROACH
    4. DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    1. MARKET SUMMARY
    2. KEY FINDINGS
      1. NORTH AMERICA HAS THE LARGEST MARKET SHARE IN THE GLOBAL MARKET
      2. RISING DEMAND IN FOOD ADDITIVES AND ANIMAL FOOD INDUSTRY IS EXPECTED TO BOOST THE INDUSTRIAL APPLICATION MARKET
      3. ORGANIC ACID IS THE FASTEST GROWING PRODUCT SEGMENT
  4. MARKET DETERMINANTS
    1. MARKET DRIVERS
      1. GROWING DEMAND FROM ALCOHOL INDUSTRY
      2. RISING CONSUMPTION IN THE COSMETICS AND PHARMACEUTICAL INDUSTRY
      3. TRENDING COSMETICS INDUSTRY
      4. GROWING DEMAND FROM AGRICULTURAL INDUSTRY OWING TO ECO-FRIENDLY NATURE OF FERMENTATION CHEMICALS
      5. GROWTH AND DEVELOPMENT OF BIOETHANOL INDUSTRY
      6. RISING AWARENESS ABOUT FOOD PRESERVATION
      7. HIGH DEMAND FOR ANTIBIOTICS
    2. RESTRAINT
      1. FLUCTUATING PRODUCTION DUE TO LIMITED AVAILABILITY OF RAW MATERIAL
      2. STORAGE OF LARGE QUANTITIES OF ETHANOL CAN LEAD TO FIRE
      3. IMPROPER FUNCTIONING SAFETY SYSTEMS MAY LEAD THE EQUIPMENT TO RUPTURE
    3. OPPORTUNITIES
      1. INCREASE IN ENZYMES DEMAND FROM SEVERAL INDUSTRIAL APPLICATIONS
      2. INCREASING DEMAND FOR FERMENTATION CHEMICALS IN THE LEATHER INDUSTRY
      3. EMERGING ECONOMIES WITH HIGH GROWTH POTENTIAL
      4. TECHNOLOGICAL INNOVATION AND INCREASE IN NUMBER OF APPLICATIONS
      5. NEW PRODUCT DEVELOPMENT AND ACQUISITION BY KEY PLAYERS
    4. CHALLENGES
      1. HIGH COST OF MANUFACTURING
      2. SEASONAL AVAILABILITY OF RAW MATERIALS
      3. STRINGENT REGULATIONS
      4. RESTRICTED TEMPERATURE AND PH OPERATIONAL RANGE
  5. MARKET SEGMENTATION
    1. MARKET BY APPLICATION 2018-2026
      1. INDUSTRIAL APPLICATIONS MARKET
      2. FOOD AND BEVERAGES
      3. NUTRITIONAL AND PHARMACEUTICALS
      4. PLASTICS AND FIBERS
      5. OTHER APPLICATION
    2. MARKET BY PRODUCTS 2018-2026
      1. ALCOHOLS (ETHANOL AND OTHER ALCOHOLS)
      2. ENZYMES
      3. ORGANIC ACIDS
      4. OTHER PRODUCTS
  6. KEY ANALYTICS
    1. VALUE CHAIN ANALYSIS
      1. SUPPLIERS
      2. MANUFACTURERS
      3. END USERS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BARGAINING POWER OF SUPPLIERS
      2. BARGAINING POWER OF BUYERS
      3. THREAT OF NEW ENTRANTS
      4. THREAT OF SUBSTITUTES
      5. COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS
    3. PESTEL ANALYSIS
      1. POLITICAL FACTORS
      2. ECONOMIC FACTORS
      3. SOCIAL FACTORS
      4. TECHNOLOGICAL FACTORS
      5. ENVIRONMENTAL FACTORS
      6. LEGAL FACTORS
    4. KEY BUYING CRITERIA
      1. HEALTH & SAFETY STANDARDS
      2. GOVERNMENT REGULATIONS
      3. COLLECTION AND TRANSPORTATION
      4. PRICE
      5. INNOVATIVE PRODUCTS
    5. ETYMOLOGY OF FERMENTATION IN CHEMICAL INDUSTRIES
    6. LEGAL, POLICY AND REGULATORY ISSUES
  7. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. UNITED STATES
      2. CANADA
      3. MEXICO
    2. EUROPE
      1. GERMANY
      2. UNITED KINGDOM
      3. RUSSIA
      4. REST OF EUROPE
    3. ASIA PACIFIC
      1. INDIA
      2. CHINA
      3. SOUTH KOREA
      4. REST OF ASIA PACIFIC
    4. REST OF WORLD
      1. MIDDLE EAST & AFRICA
      2. CENTRAL & SOUTH AMERICA
  8. COMPANY PROFILES
    1. AJINOMOTO COMPANY CORPORATION
      1. OVERVIEW
      2. PRODUCTS PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    2. AB ENZYMES GMBH
      1. OVERVIEW
      2. PRODUCTS PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    3. BASF SE
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    4. AMANO ENZYME INC.
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
    5. DOW CHEMICAL COMPANY
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    6. ARCHER DANIELS MIDLAND COMPANY
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    7. NOVOZYMES A/S
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    8. CARGILL INC.
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    9. EVONIK INDUSTRIES AG
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    10. DU PONT DANISCO A/S
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    11. DSM
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    12. HANSEN A/S
      1. COMPANY OVERVIEW
      2. PRODUCT PORTFOLIO
      3. STRATEGIC INITIATIVE
    13. FUSO CHEMICAL
      1. COMPANY OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
    14. HOFFMANN-LA ROCHE
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    15. AMINO
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    16. JOHNSON MATTHEY
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    17. LONZA GROUP
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
      4. STRATEGIC INITIATIVES
    18. NOVAMONT
      1. OVERVIEW
      2. PRODUCT PORTFOLIO
      3. SCOT ANALYSIS
LIST OF TABLES

TABLE 1       COMMON TYPE OF INDUSTRIAL PRODUCTS OF FERMENTATION

TABLE 2       GLOBAL FERMENTATION CHEMICAL MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 3       COUNTRIES AND FEEDSTOCK PRODUCTION

TABLE 4       SEASONAL AVAILABILITY OF SUGAR CANE IN VARIOUS REGIONS

TABLE 5       DIFFERENCES IN PH RANGES OF SOME ENZYMES

TABLE 6       GLOBAL FERMENTATION CHEMICAL MARKET BY APPLICATIONS 2018-2026 ($ MILLION)

TABLE 7       GLOBAL FERMENTATION CHEMICAL MARKET IN INDUSTRIAL APPLICATION 2018-2026 ($ MILLION)

TABLE 8       FOOD PRODUCTS WHICH USE FERMENTATION IN THEIR PRODUCTION

TABLE 9       GLOBAL FERMENTATION CHEMICAL MARKET IN FOOD AND BEVERAGES 2018-2026 ($ MILLION)

TABLE 10     GLOBAL FERMENTATION CHEMICAL MARKET IN NUTRITIONAL AND PHARMACEUTICAL SEGMENTS 2018-2026 ($ MILLION)

TABLE 11     GLOBAL FERMENTATION CHEMICALS MARKET IN PLASTICS AND FIBRES 2018-2026 ($ MILLION)

TABLE 12     GLOBAL FERMENTATION CHEMICAL MARKET FOR OTHER APPLICATIONS 2018-2026 ($ MILLION)

TABLE 13     GLOBAL FERMENTATION CHEMICAL MARKET BY PRODUCTS 2018-2026 ($ MILLION)

TABLE 14     GLOBAL FERMENTATION CHEMICAL MARKET IN ALCOHOLS 2018-2026 ($ MILLION)

TABLE 15     ENZYMES PRODUCED BY BACTERIA

TABLE 16     GLOBAL FERMENTATION CHEMICAL MARKET FOR ENZYMES 2018-2026 ($ MILLION)

TABLE 17     USES OF CITRIC ACID ACROSS APPLICATION SEGMENT

TABLE 18     APPLICATION AREAS OF CITRIC ACID

TABLE 19     INDUSTRIAL APPLICATIONS OF GLUCONIC ACID

TABLE 20     GLOBAL FERMENTATION CHEMICAL MARKET IN ORGANIC ACIDS 2018-2026 ($ MILLION)

TABLE 21     GLOBAL FERMENTATION CHEMICAL MARKET IN OTHER PRODUCTS 2018-2026 ($ MILLION)

TABLE 22     REGULATORY FRAMEWORK IN THE FERMENTATION IN CHEMICAL AND FOOD INDUSTRIES MARKET

TABLE 23     GLOBAL FERMENTATION CHEMICAL MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 24     NORTH AMERICA FERMENTATION CHEMICAL MARKET BY COUNTRIES 2018-2026 ($ MILLION)

TABLE 25     GOVERNMENT REGULATIONS IN THE UNITED STATES

TABLE 26     U.S. FERMENTATION CHEMICAL MARKET BY APPLICATIONS 2018-2026 ($ MILLION)

TABLE 27     CHANGES PRODUCED BY FERMENTATION IN FOOD.

TABLE 28     CANADA FERMENTATION CHEMICAL MARKET BY APPLICATIONS 2018-2026 ($ MILLION)

TABLE 29     MEXICO FERMENTATION CHEMICAL MARKET BY APPLICATIONS 2018-2026 ($ MILLION)

TABLE 30     EUROPE FERMENTATION CHEMICAL MARKET BY COUNTRIES 2018-2026 ($ MILLION)

TABLE 31     GERMANY FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 32     U.K. FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 33     RUSSIA FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 34     REST OF EUROPE FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 35     ASIA FERMENTATION CHEMICAL MARKET BY COUNTRIES 2018-2026 ($ MILLION)

TABLE 36     DRINKING PRACTICE IN INDIA

TABLE 37     INDIA FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 38     CHINA FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 39     SOUTH KOREA FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 40     REST OF ASIA PACIFIC FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 41     ROW FERMENTATION CHEMICAL MARKET BY GEOGRAPHY 2018-2026 ($ MILLION)

TABLE 42     MENA FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

TABLE 43     CENTRAL & SOUTH AMERICA FERMENTATION CHEMICAL MARKET BY APPLICATION 2018-2026 ($ MILLION)

LIST OF FIGURES

FIGURE 1     GLOBAL FERMENTATION CHEMICAL MARKET 2018-2026 ($ MILLION)

FIGURE 2     GLOBAL LEADING BREWING GROUPS BASED ON PRODUCTION VOLUME 2016

FIGURE 3     GLOBAL CONSUMPTION OF ALCOHOLIC BEVERAGES, BY COUNTRY (2016) IN LITRES OF PURE ALCOHOL PER YEAR

FIGURE 4     GLOBAL PHARMACEUTICAL INDUSTRY REVENUE, 2013-2017 ($ BILLION)

FIGURE 5     PRODUCTS PRODUCED BY FERMENTATION REACTION

FIGURE 6     GLOBAL FERMENTATION CHEMICAL MARKET IN INDUSTRIAL APPLICATION 2018-2026 ($ MILLION)

FIGURE 7     USE OF FERMENTATION PRODUCTS IN FOOD INDUSTRY

FIGURE 8     GLOBAL FERMENTATION CHEMICAL MARKET IN FOOD AND BEVERAGES 2018-2026 ($ MILLION)

FIGURE 9     GLOBAL FERMENTATION CHEMICAL MARKET IN NUTRITIONAL AND PHARMACEUTICAL SEGMENTS 2018-2026 ($ MILLION)

FIGURE 10   GLOBAL FERMENTATION CHEMICALS MARKET IN PLASTICS AND FIBRES 2018-2026 ($ MILLION)

FIGURE 11   GLOBAL FERMENTATION CHEMICAL MARKET IN OTHER APPLICATIONS 2018-2026 ($ MILLION)

FIGURE 12   GLOBAL FERMENTATION CHEMICAL MARKET IN ALCOHOLS 2018-2026 ($ MILLION)

FIGURE 13   GLOBAL FERMENTATION CHEMICAL MARKET IN ENZYMES 2018-2026 ($ MILLION)

FIGURE 14   GLOBAL FERMENTATION CHEMICAL MARKET IN ORGANIC ACIDS 2018-2026 ($ MILLION)

FIGURE 15   GLOBAL FERMENTATION CHEMICAL MARKET IN OTHER PRODUCTS 2018-2026 ($ MILLION)

FIGURE 16   STRATEGIES FOLLOWED BY THE SUPPLIERS IN THE FERMENTATION CHEMICAL INDUSTRIES

FIGURE 17   FACTORS AFFECTING THE BUYING CRITERIA OF CUSTOMERS.

FIGURE 18   AGE-GROUPS INVESTING IN NUTRITIONAL AND ENERGY DRINKS

FIGURE 19   TECHNOLOGICAL ADVANCES IN THE FERMENTATION CHEMICAL INDUSTRY

FIGURE 20   KEY BUYING CRITERIA

FIGURE 21   NORTH AMERICA FERMENTATION CHEMICAL MARKET BY COUNTRIES 2018-2026 ($ MILLION)

FIGURE 22   U.S. FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 23   CANADA FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 24   SHARE OF BEVERAGES IN MEXICO REGION

FIGURE 25   MEXICO FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 26   CONSUMPTION PREFERENCE OF ALCOHOL IN EUROPE

FIGURE 27   LARGEST FOOD & BEVERAGES INDUSTRY SEGMENTS BY PRODUCTION VALUE

FIGURE 28   GERMANY FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 29   UNITED KINGDOM FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 30   RUSSIA FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 31   REST OF EUROPE. FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 32   INDIA FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 33   INDIAN LIQUOR INDUSTRY SEGMENTS SHARE

FIGURE 34   CHINA FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 35   SOUTH KOREA FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 36   REST OF ASIA PACIFIC FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 37   MENA FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

FIGURE 38   CENTRAL AND SOUTH AMERICA FERMENTATION CHEMICALS MARKET 2018-2026 ($ MILLION)

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