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Fermentation Product Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5988981

Fermentation Product Trends and Forecast

The future of the global fermentation product market looks promising with opportunities in the food & beverage, pharmaceutical, agriculture, personal care, animal feed, and textile & leather markets. The global fermentation product market is expected to reach an estimated $238.5 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are growing awareness among customers regarding bio-based products and increasing bioethanol industry.

A more than 150-page report is developed to help in your business decisions.

Fermentation Product by Segment

The study includes a forecast for the global fermentation product by type, process, feed stock, end use, and region.

Fermentation Product Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Alcohol
  • Amino Acid
  • Organic Acid
  • Biogas
  • Polymer
  • Vitamin
  • Antibiotic
  • Industrial Enzyme

Fermentation Product Market by Process [Shipment Analysis by Value from 2018 to 2030]:

  • Batch Fermentation
  • Continuous Fermentation
  • Others

Fermentation Product Market by Feed Stock [Shipment Analysis by Value from 2018 to 2030]:

  • Corn
  • Rice
  • Wheat
  • Sugar Cane
  • Cassava
  • Barley
  • Potatoes
  • Sorghum
  • Others

Fermentation Product Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Food & Beverage
  • Pharmaceutical
  • Agriculture
  • Personal Care
  • Animal Feed
  • Textile & Leather
  • Others

Fermentation Product Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Fermentation Product Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fermentation product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fermentation product companies profiled in this report include:
  • Ajinomoto
  • Archer Daniels Midland
  • Cargill
  • Danisco
  • BASF
  • Hansen Holding
  • DuPont
  • Evonik Industries
  • DSM
  • Dow

Fermentation Product Market Insights

The publisher forecasts that organic acid is expected to witness the highest growth over the forecast period due to increasing adoption in the food & beverage industry.

Within this market, food & beverage is expected to witness the highest growth.

APAC is expected to witness the highest growth over the forecast period due to surge in demand for antibiotics in the region.

Features of the Global Fermentation Product Market

  • Market Size Estimates: Fermentation product market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Fermentation product market size by various segments, such as by type, process, feed stock, end use, and region in terms of value ($B).
  • Regional Analysis: Fermentation product market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, process, feed stocks, end uses, and regions for the fermentation product market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fermentation product market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the fermentation product market size?
Answer: The global fermentation product market is expected to reach an estimated $238.5 billion by 2030.

Q2. What is the growth forecast for fermentation product market?
Answer: The global fermentation product market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the fermentation product market?
Answer: The major drivers for this market are growing awareness among customers regarding bio-based products and increasing bioethanol industry.

Q4. What are the major segments for fermentation product market?
Answer: The future of the fermentation product market looks promising with opportunities in the food & beverage, pharmaceutical, agriculture, personal care, animal feed, and textile & leather markets.

Q5. Who are the key fermentation product market companies?
Answer: Some of the key fermentation product companies are as follows:
  • Ajinomoto
  • Archer Daniels Midland
  • Cargill
  • Danisco
  • BASF
  • Hansen Holding
  • DuPont
  • Evonik Industries
  • DSM
  • Dow
Q6. Which fermentation product market segment will be the largest in future?
Answer: The publisher forecasts that organic acid is expected to witness the highest growth over the forecast period due to increasing adoption in the food & beverage industry.

Q7. In fermentation product market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to surge in demand for antibiotics in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the fermentation product market by type (alcohol, amino acid, organic acid, biogas, polymer, vitamin, antibiotic, and industrial enzyme), process (batch fermentation, continuous fermentation, and others), feed stock (corn, rice, wheat, sugar cane, cassava, barley, potatoes, sorghum, and others), end use (food & beverage, pharmaceutical, agriculture, personal care, animal feed, textile & leather, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Fermentation Product Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Fermentation Product Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fermentation Product Market by Type
3.3.1: Alcohol
3.3.2: Amino Acid
3.3.3: Organic Acid
3.3.4: Biogas
3.3.5: Polymer
3.3.6: Vitamin
3.3.7: Antibiotic
3.3.8: Industrial Enzyme
3.4: Global Fermentation Product Market by Process
3.4.1: Batch Fermentation
3.4.2: Continuous Fermentation
3.4.3: Others
3.5: Global Fermentation Product Market by Feed Stock
3.5.1: Corn
3.5.2: Rice
3.5.3: Wheat
3.5.4: Sugar Cane
3.5.5: Cassava
3.5.6: Barley
3.5.7: Potatoes
3.5.8: Sorghum
3.5.9: Others
3.6: Global Fermentation Product Market by End Use
3.6.1: Food & Beverage
3.6.2: Pharmaceutical
3.6.3: Agriculture
3.6.4: Personal care
3.6.5: Animal Feed
3.6.6: Textile & Leather
3.6.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Fermentation Product Market by Region
4.2: North American Fermentation Product Market
4.2.1: North American Fermentation Product Market by Type: Alcohol, Amino Acid, Organic Acid, Biogas, Polymer, Vitamin, Antibiotic, and Industrial Enzyme
4.2.2: North American Fermentation Product Market by End Use: Food & Beverage, Pharmaceutical, Agriculture, Personal care, Animal Feed, Textile & Leather, and Others
4.3: European Fermentation Product Market
4.3.1: European Fermentation Product Market by Type: Alcohol, Amino Acid, Organic Acid, Biogas, Polymer, Vitamin, Antibiotic, and Industrial Enzyme
4.3.2: European Fermentation Product Market by End Use: Food & Beverage, Pharmaceutical, Agriculture, Personal care, Animal Feed, Textile & Leather, and Others
4.4: APAC Fermentation Product Market
4.4.1: APAC Fermentation Product Market by Type: Alcohol, Amino Acid, Organic Acid, Biogas, Polymer, Vitamin, Antibiotic, and Industrial Enzyme
4.4.2: APAC Fermentation Product Market by End Use: Food & Beverage, Pharmaceutical, Agriculture, Personal care, Animal Feed, Textile & Leather, and Others
4.5: ROW Fermentation Product Market
4.5.1: ROW Fermentation Product Market by Type: Alcohol, Amino Acid, Organic Acid, Biogas, Polymer, Vitamin, Antibiotic, and Industrial Enzyme
4.5.2: ROW Fermentation Product Market by End Use: Food & Beverage, Pharmaceutical, Agriculture, Personal care, Animal Feed, Textile & Leather, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fermentation Product Market by Type
6.1.2: Growth Opportunities for the Global Fermentation Product Market by Process
6.1.3: Growth Opportunities for the Global Fermentation Product Market by Feed Stock
6.1.4: Growth Opportunities for the Global Fermentation Product Market by End Use
6.1.5: Growth Opportunities for the Global Fermentation Product Market by Region
6.2: Emerging Trends in the Global Fermentation Product Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fermentation Product Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Fermentation Product Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Ajinomoto
7.2: Archer Daniels Midland
7.3: Cargill
7.4: Danisco
7.5: BASF
7.6: Hansen Holding
7.7: DuPont
7.8: Evonik Industries
7.9: DSM
7.10: Dow

Companies Mentioned

  • Ajinomoto
  • Archer Daniels Midland
  • Cargill
  • Danisco
  • BASF
  • Hansen Holding
  • DuPont
  • Evonik Industries
  • DSM
  • Dow

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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