Latest Report – Fermentation Chemicals Market 2022 : Focus on Industry, Growth, Size, Share, Dynamic Research Analysis, Trend, Forecast – Acute Market Reports

Fermentation Chemicals Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022, the fermentation chemicals market was valued at US$ 47.4 Bn in 2016, and is expected to reach US$ 66.0 Bn by 2022, expanding at a CAGR of 5.6% from 2016 to 2022.

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Market Insights
The metabolic process which converts sugar into acids, alcohol and gases is known to be fermentation. Fermentation process helps to speed up the reaction coz its catalyst property. Therefore, it is used in a wide range of end-use industries. Fermentation process is used as a vital raw material in the alcohol industry. Alcohol is the major product obtained from fermentation process. Alcohol market is the largest market boosting the growth of global fermentation chemicals in the market. It is produced by fermenting grains, grapes, etc. which give end product as beer, wine, spirits, etc. Among the listed end products, beer is considered to be the largest selling alcohol. Rising demand for alcohol has therefore led to growth of global fermentation chemicals market in 2016.
On the basis of product type, fermentation chemicals market is segmented into alcohol, enzymes, organic acid and others. Alcohol accounts for larger share of global fermentation chemicals market. Enzymes followed alcohol in terms of demand in the market. It accounted to be the second largest product segment of fermentation which is used in large number of end use industries. Organic acid are the third largest category in fermented products. They are widely used as food additives in the food industry. Products of fermentation are also used in other industries such as cosmetic and pharmaceutical industry. Cosmetic & pharmaceutical industry is the major factor driving the growth of global fermentation chemicals market and is expected to rise in the near future.

Competitive Insights
Industrial applications accounted to be the major application segment with more than 15% share of global fermentation chemicals market. Fermentation chemicals are used for various industrial applications ranging from plastic, chemical, rubber, biofuel, leather and textile among others. Consumption of enzymes is the largest in terms of both volume and value in the detergent industry. The uses of enzymes have better ability to remove stains and make the detergent environmentally safe. Food & beverages accounted as the second largest application of fermentation chemicals market in 2016. Fermentation chemicals are used as food additives widely in the food & beverages industry. Hence, high demand is reported for fermentation chemicals from the food & beverages industry. Pharmaceutical industry is the major factor driving the global fermentation chemicals market. Other applications such as plastic & fibers and others are also anticipated to boost market demand for fermentation chemicals during the forecast period from 2016 to 2022.

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Key Trends
• High demand from various end use industries
• Cosmetic & pharmaceutical industry driving the growth of market
• Asia Pacific is the fastest growing region for fermentation chemicals
• Opportunities from increase in industrial applications

CHAP 1. METHODOLOGY AND SCOPE19
1.1. MARKET ESTIMATION METHODOLOGY19
1.2. RESEARCH SCOPE & ASSUMPTIONS20
1.3. LIST OF KEY DATA SOURCES 21

CHAP 2. EXECUTIVE SUMMARY 22
2.1. GLOBAL FERMENTATION CHEMICALS MARKET – INDUSTRY SUMMARY22
2.2. GLOBAL FERMENTATION CHEMICALS MARKET INDUSTRY OUTLOOK 25
2.3. GLOBAL FERMENTATION CHEMICALS MARKET : KEY BUYING CRITERIA 27

CHAP 3. MARKET SEGMENT ANALYSIS 31
3.1. MARKET SIZE AND GROWTH PROSPECTS: 2012 – 2022 31

CHAP 4. MARKET DETERMINANTS 39
4.1. MARKET DRIVERS 39
4.1.1. STRONG MARKET DEMAND FROM ALCOHOL INDUSTRY 39
4.1.2. INCREASING DEMAND FROM COSMETICS AND PHARMACEUTICAL INDUSTRY 40
4.1.3. INCREASE IN RESEARCH APPLICATIONS 43
4.2. MARKET RESTRAINT ANALYSIS43
4.2.1. LIMITED AVAILABILITY OF RAW MATERIAL 43
4.3. KEY OPPORTUNITIES 44
4.3.1. INCREASE IN INDUSTRIAL APPLICATION44
4.4. CHALLENGES45
4.4.1. HIGH MANUFACTURING COST45
4.4.2. SEASONAL NATURE OF RAW MATERIALS 45

CHAP 5. CHEMICAL FERMENTATION MARKET – PORTER’S MODEL47
5.1. BARGAINING POWER OF SUPPLIERS 48
5.2. THREAT OF NEW ENTRANTS49
5.3. BARGAINING POWER OF BUYERS 49
5.4. THREAT OF SUBSTITUTES 50
5.5. COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS 51

CHAP 6. GLOBAL FERMENTATION CHEMICALS MARKET– PESTEL ANALYSIS52

CHAP 7. GLOBAL FERMENTATION CHEMICALS MARKET BY APPLICATION 2015-2022 ($ BILLION) 57
7.1. GLOBAL FERMENTATION CHEMICALS FOR INDUSTRIAL APPLICATIONS MARKET 2015-2022 ($ BILLION) 58
7.2. GLOBAL FERMENTATION CHEMICALS FOR FOOD AND BEVERAGES MARKET 2015-2022 ($ BILLION) 59
7.3. GLOBAL FERMENTATION CHEMICALS FOR NUTRITIONAL AND PHARMACEUTICALS MARKET 2015-2022 ($ BILLION) 62
7.4. GLOBAL FERMENTATION CHEMICALS FOR PLASTICS AND FIBRES MARKET 2015-2022 ($ BILLION) 64
7.5. GLOBAL FERMENTATION CHEMICALS FOR OTHERS MARKET 2015-2022 ($ BILLION)65

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CHAP 8. GLOBAL FERMENTATION CHEMICALS MARKET BY PRODUCTS 2015-2022 ($ BILLION) 67
8.1. GLOBAL FERMENTATION CHEMICALS FOR ALCOHOLS (ETHANOL AND OTHER ALCOHOLS) MARKET BY TYPE 2015-2022 ($ BILLION) 68
8.2. GLOBAL FERMENTATION CHEMICALS FOR ENZYMES MARKET 2015-2022 ($ BILLION) 69
8.3. GLOBAL FERMENTATION CHEMICALS FOR ORGANIC ACIDS MARKET 2015-2022 ($ BILLION) 72
8.4. GLOBAL FERMENTATION CHEMICALS FOR OTHERS MARKET 2015-2022 ($ BILLION)77

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