global-fermentation-chemicals-market-expected-reach-usd-65-81-billion-2020-favorable-regulatory-scenario-coupled-environmental-characteristics-associated-fermentation-chemicals
Global fermentation chemicals market is expected to reach USD 65.81 billion by 2020. Favorable regulatory scenario coupled with environmental characteristics associated with fermentation chemicals is expected to drive their demand over the forecast period. Rapid industrialization and growth of food & beverages industry particularly in emerging economies of Asia Pacific and Latin America is also expected to have a positive influence on the market growth. Increasing R&D expenditure in order to develop novel applications is expected to yield opportunities to market participants. Consistent raw material supply is expected to remain a key challenge for market participants.
Alcohol emerged as the leading product segment and accounted for 56.6% of total market volume in 2013. Increasing ethanol and methanol production levels are expected drive the segment growth. Enzyme is expected to be one of the fastest growing product segments at an estimated CAGR of 4.6% from 2014 to 2020. Positive outlook on global food & beverages industry is expected to remain a key driving factor for this segment over the next six years.
Further key findings from the study suggest:
• Global fermentation chemicals demand was 51.83 million tons in 2013 and is expected to reach 70.76 million tons by 2020, growing at a CAGR of 4.5% from 2014 to 2020.
• Fermentation chemicals are majorly consumed for industrial applications which accounted for 47% of total market volume in 2013. Increasing industrialization in emerging Asian markets such as India, China and Indonesia is expected to remain a key driving factor for this segment.
• Plastics and fibers is expected to witness the highest growth over the forecast period. The segment is expected to grow at an estimated CAGR of 5.1% from 2014 to 2020. Growth of key end-use industries such as construction and automotive in key regional markets is expected to drive plastics demand which in turn is expected to have a positive impact on the fermentation chemicals demand.
• North America emerged as the leading regional market and accounted for 33.8% of total market volume in 2013. Favorable regulations by EPA and FDA are expected to remain a key driving factor for the regional market. Presence of sophisticated healthcare infrastructure in the U.S. is also expected to have a positive influence on the market growth. Asia Pacific is expected to witness the highest growth of 5.4% from 2014 to 2020. Increasing healthcare expenditure coupled with growth of key end-use industries is expected to drive the regional market over the forecast period.
• Global fermentation chemicals market is highly fragmented with a mix of both global and regional companies. Some key companies in the global fermentation chemicals market include Novozymes A/S, Du Pont Danisco A/S, Ajinomoto Company Incorporation, Cargill Incorporation, BASF SE, Dow Chemical Company and Evonik Industries.
For the purpose of this study, Grand View Research has segmented the fermentation chemicals market on the basis of product, application and region:
Global Fermentation Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Organic acids
• Alcohols
• Enzymes
• Others
Global Fermentation Chemicals Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Plastics & Fibers
• Industrial
• Pharmaceuticals & Nutritional
• Food & Beverages
• Others
Global Fermentation Chemicals Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
Table of Contents
Chapter 1. Executive Summary
1.1. Fermentation chemicals- Industry Summary and Critical Success Factors (CSFs)
Chapter 2. Fermentation chemicals Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Fermentation chemicals Value Chain Analysis
2.4. Fermentation chemicals Market Dynamics
2.4.1. Market driver analysis
2.4.1.1. Food and beverage industry
2.4.1.2. Increasing alcohol demand mainly ethanol and methanol
2.4.1.3. Modernization in cosmetics & pharmaceutical industry
2.4.2. Market restraint analysis
2.4.2.1. Complex manufacturing process
2.4.2.2. High cost of production
2.4.2.3. Raw material availability
2.5. Key Opportunities Prioritized
2.6. Fermentation chemicals – Recent Market Developments by Company
2.7. Industry Analysis - Porter's
2.8. Fermentation chemicals Market PESTEL Analysis, 2013
Chapter 3. Fermentation chemicals Product Outlook
3.1. Global fermentation chemicals Market Share by Product, 2013 & 2020
3.2. Organic acids
3.2.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
3.2.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
3.3. Alcohols
3.3.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
3.3.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
3.4. Enzymes
3.4.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
3.4.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
3.5. Others
3.5.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
3.5.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
Chapter 4. Fermentation chemicals Application Outlook
4.1. Global fermentation chemicals PU Market Share by Applications, 2012-2020
4.2. Plastics & Fibers
4.2.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
4.2.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
4.3. Industrial
4.3.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
4.3.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
4.4. Pharmaceutical and nutritional
4.4.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
4.4.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
4.5. Food & Beverages
4.5.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
4.5.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
4.6. Others
4.6.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
4.6.2. Market estimates and forecast by region, 2012 – 2020 (Tons) (USD Million)
Chapter 5. Fermentation chemicals Regional Outlook
5.1. Global fermentation chemicals Market Share by Region, 2012-2020
5.2. North America
5.2.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
5.2.2. Market estimates and forecast by product, 2012 – 2020 (Kilo Tons) (USD Million)
5.2.3. Market estimates and forecast by application, 2012 – 2020 (Kilo Tons) (USD Million)
5.3. Europe
5.3.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
5.3.2. Market estimates and forecast by product, 2012 – 2020 (Kilo Tons) (USD Million)
5.3.3. Market estimates and forecast by application, 2012 – 2020 (Kilo Tons) (USD Million)
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
5.4.2. Market estimates and forecast by product, 2012 – 2020 (Kilo Tons) (USD Million)
5.4.3. Market estimates and forecast by application, 2012 – 2020 (Kilo Tons) (USD Million)
5.5. RoW
5.5.1. Market estimates and forecast, 2012 – 2020 (Kilo Tons) (USD Million)
5.5.2. Market estimates and forecast by product, 2012 – 2020 (Kilo Tons) (USD Million)
5.5.3. Market estimates and forecast by application, 2012 – 2020 (Kilo Tons) (USD Million)
Chapter 6. Competitive Landscape
6.1. BASF SE
6.1.1. Company Overview
6.1.2. Financial Performance
6.1.3. Product Benchmarking
6.1.4. Strategic Initiatives
6.2. Chr. Hansen A/S l
6.2.1. Company Overview
6.2.2. Financial Performance
6.2.3. Product Benchmarking
6.2.4. Strategic Initiatives
6.3. AB Enzymes
6.3.1. Company Overview
6.3.2. Financial Performance
6.3.3. Product Benchmarking
6.3.4. Strategic Initiatives
6.4. DSM.
6.4.1. Company Overview
6.4.2. Financial Performance
6.4.3. Product Benchmarking
6.4.4. Strategic Initiatives
6.5. Ajinomoto Company Incorporation
6.5.1. Company Overview
6.5.2. Financial Performance
6.5.3. Product Benchmarking
6.5.4. Strategic Initiatives
6.6. Du Pont Danisco A/S
6.6.1. Company Overview
6.6.2. Financial Performance
6.6.3. Product Benchmarking
6.6.4. Strategic Initiatives
6.7. Amano Enzyme Inc..
6.7.1. Company Overview
6.7.2. Financial Performance
6.7.3. Product Benchmarking
6.7.4. Strategic Initiatives
6.8. Evonik Industries AG
6.8.1. Company Overview
6.8.2. Financial Performance
6.8.3. Product Benchmarking
6.8.4. Strategic Initiatives
6.9. The Dow Chemical Company
6.9.1. Company Overview
6.9.2. Financial Performance
6.9.3. Product Benchmarking
6.9.4. Strategic Initiatives
6.10. Cargill Incorporation
6.10.1. Company Overview
6.10.2. Financial Performance
6.10.3. Product Benchmarking
6.10.4. Strategic Initiatives
6.11. Archer Daniels Midland Company
6.11.1. Company Overview
6.11.2. Financial Performance
6.11.3. Product Benchmarking
6.11.4. Strategic Initiatives
6.12. Novozymes A/S s
6.12.1. Company Overview
6.12.2. Financial Performance
6.12.3. Product Benchmarking
6.12.4. Strategic Initiatives
List of Tables
1. Fermentation chemicals– Industry Summary & Critical Success Factors (CSFs)
2. Global fermentation chemicals market estimates and forecast, 2012 – 2020 (Kt) (USD Mn)
3. Global fermentation chemicals market estimates and forecast by region, 2012 – 2020 (Kt)
4. Global fermentation chemicals market estimates and forecast by region, 2012 – 2020 (USD Mn)
5. Global fermentation chemicals market estimates and forecast by product, 2012 – 2020 (Kt)
6. Global fermentation chemicals market estimates and forecast by product, 2012 – 2020 (USD Mn)
7. Global fermentation chemicals market estimates and forecast by application, 2012 – 2020 (Kt)
8. Global fermentation chemicals market estimates and forecast by application, 2012 – 2020 (USD Mn)
9. Fermentation chemicals – Key market driver analysis
10. Fermentation chemicals – Key market restraint analysis
11. Fermentation chemicals market estimates and forecast in organic acids, 2012 – 2020 (Kt) (USD Mn)
12. Fermentation chemicals market estimates and forecast in organic acids by region, 2012 – 2020 (Kt)
13. Fermentation chemicals market estimates and forecast in organic acids by region, 2012 – 2020 (USD Mn)
14. Fermentation chemicals market estimates and forecast in alcohols, 2012 – 2020 (Kt) (USD Mn)
15. Fermentation chemicals market estimates and forecast in alcohols by region, 2012 – 2020 (Kt)
16. Fermentation chemicals market estimates and forecast in alcohols by region, 2012 – 2020 (USD Mn)
17. Fermentation chemicals market estimates and forecast in enzymes , 2012 – 2020 (Kt) (USD Mn)
18. Fermentation chemicals market estimates and forecast in enzymes by region, 2012 – 2020 (Kt)
19. Fermentation chemicals market estimates and forecast in enzymes by region, 2012 – 2020 (USD Mn)
20. Fermentation chemicals market estimates and forecast in other products, 2012 – 2020 (Kt) (USD Mn)
21. Fermentation chemicals market estimates and forecast in other products by region, 2012 – 2020 (Kt)
22. Fermentation chemicals market estimates and forecast in other products by region, 2012 – 2020 (USD Mn)
23. Fermentation chemicals market estimates and forecast in plastic & fiber industry, 2012 – 2020 (Kt) (USD Mn)
24. Fermentation chemicals market estimates and forecast in plastic & fiber industry by region, 2012 – 2020 (Kt)
25. Fermentation chemicals market revenue from plastic & fiber industry by region, 2012 – 2020 (USD Mn)
26. Fermentation chemicals market estimates and forecast in industrial, 2012 – 2020 (Kt) (USD Mn)
27. Fermentation chemicals market estimates and forecast in industrial by region, 2012 – 2020 (Kt)
28. Fermentation chemicals market estimates and forecast in industrial by region, 2012 – 2020 (USD Mn)
29. Fermentation chemicals market estimates and forecast in nutritional & pharma , 2012 – 2020 (Kt) (USD Mn)
30. Fermentation chemicals market volume from nutritional & pharmaceuticals by region, 2012 – 2020 (Kt)
31. Fermentation chemicals market revenue from nutritional & pharmaceuticals by region, 2012 – 2020 (USD Mn)
32. Fermentation chemicals market estimates and forecast in food & beverages, 2012 – 2020 (Kt) (USD Mn)
33. Fermentation chemicals market estimates and forecast in food & beverages by region, 2012 – 2020 (Kt)
34. Fermentation chemicals market estimates and forecast in food & beverages by region, 2012 – 2020 (USD Mn)
35. Fermentation chemicals market estimates and forecast in other application, 2012 – 2020 (Kt) (USD Mn)
36. Fermentation chemicals market estimates and forecast in other application by region, 2012 – 2020 (Kt)
37. Fermentation chemicals market estimates and forecast in other application by region, 2012 – 2020 (USD Mn)
38. North America fermentation chemicals market estimates and forecast, 2012 – 2020 (Tons) (USD Mn)
39. North America fermentation chemicals market estimates and forecast by product, 2012-2020 (Kt)
40. North America fermentation chemicals market estimates and forecast by product, 2012-2020 (USD Mn)
41. North America fermentation chemicals market estimates and forecast by applications, 2012-2020 (Kt)
42. North America fermentation chemicals market estimates and forecast by applications, 2012-2020 (USD Mn)
43. Europe fermentation chemicals market estimates and forecast, 2012 – 2020 (Kt) (USD Mn)
44. Europe fermentation chemicals market estimates and forecast by product, 2012-2020 (Kt)
45. Europe fermentation chemicals market estimates and forecast by product, 2012-2020 (USD Mn)
46. Europe fermentation chemicals market estimates and forecast by applications, 2012-2020 (Kt)
47. Europe fermentation chemicals market estimates and forecast by applications, 2012-2020 (USD Mn)
48. Asia Pacific fermentation chemicals market estimates and forecast, 2012 – 2020 (Kt) (USD Mn)
49. Asia Pacific fermentation chemicals market estimates and forecast by product, 2012-2020 (Kt)
50. Asia Pacific fermentation chemicals market estimates and forecast by product, 2012-2020 (USD Mn)
51. Asia Pacific fermentation chemicals market estimates and forecast by applications, 2012-2020 (Kt)
52. Asia Pacific fermentation chemicals market estimates and forecast by applications, 2012-2020 (USD Mn)
53. RoW fermentation chemicals market estimates and forecast, 2012 – 2020 (Kt) (USD Mn)
54. RoW fermentation chemicals market estimates and forecast by product, 2012-2020 (Kt)
55. RoW fermentation chemicals market estimates and forecast by product, 2012-2020 (USD Mn)
56. RoW fermentation chemicals market estimates and forecast by applications, 2012-2020 (Kt)
57. RoW fermentation chemicals market estimates and forecast by applications, 2012-2020 (USD Mn)
List of Figures
1. Fermentation chemicals market segmentation
2. Global fermentation chemicals market volume and revenue, 2012 – 2020
3. Global fermentation chemicals market volumes growth by region, 2012 - 2020
4. Global fermentation chemicals market volumes growth by product, 2012 – 2020
5. Global fermentation chemicals market volume growth by applications, 2012-2020
6. Fermentation chemicals- Value Chain Analysis
7. Fermentation chemicals- Market Dynamics
8. Key Opportunities - Prioritized
9. Fermentation chemicals– Porter’s Analysis
10. Fermentation chemicals- Company market share analysis, 2013
11. Fermentation chemicals– PESTEL Analysis
12. Global fermentation chemicals market volume share by product, 2013 & 2020
13. Global fermentation chemicals market volume share by applications, 2013 & 2020
14. Global fermentation chemicals market volume share by region, 2013 & 2020
