Global Fermentation Chemicals Market Worth USD 66 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: AB Enzymes, Amino, BASF – Research and Markets
May 24, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “Global Fermentation Chemicals Market Insights, Opportunity, Analysis, Market Shares And Forecast 2016 – 2022” report to their offering.
Due to the growing brewery and pharmaceutical segments the demand for fermentation chemicals is growing at an impressive pace and the global market for fermentation chemical is expected to hit $66 billion in 2021 growing impressively at a CAGR of 5.6% during 2015-2021. Among the geographical markets, North America seems all set to be the leading market for the global fermentation chemicals during the forecasted period. Europe is expected to hold the second largest market share, while APAC is estimated to be the most emerging markets for fermentation chemicals during 2015-2021.
The APAC fermentation chemical market is estimated to reach $18.5 billion growing at a CAGR of 7.2% in the forecasted period. The end user industries such as alcohol industry, cosmetic and pharmaceutical industry are growing which is driving the demand for the fermentation chemicals. These are among are key growth drivers for the global market for fermentation chemicals during the forecasted period. In addition, extensive research in this is expected to roll out many new and innovative products which are expected to further boost the global fermentation chemicals market during 2015-2021.
Companies Mentioned:
- AB Enzymes
- Ajinomoto Company Incorporation
- Amano Enzyme Inc
- Amino
- Archer Daniels Midland Company
- BASF SE
- Cargill Incorporation.
- CHR
- DSM
- DU Pont Danisco A/S
- Evonik Industries AG
- Fuso Chemical
- Hoffmann-La Roche
- Novozymes A/S
- The Dow Chemical Company
Report Structure:
1. Introduction
2. Market Overview
3.Market Determinants
4.Sector Analysis
5.Market Segmentation
6.Geographic Analysis
7. Company Profiles
For more information visit http://www.researchandmarkets.com/research/v2hjp8/global
View source version on businesswire.com: http://www.businesswire.com/news/home/20160524006309/en/
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