Fermentation Chemicals: A Global Strategic Business Report
San Jose, CA (PRWEB) October 29, 2008
World Fermentation Chemicals market is forecast to exhibit a CAGR of 5.5% over the 2008-2012 period to reach about US$44 billion by 2012. United States, with a share estimated at 36.6% in 2008, constitutes the largest market for fermentation chemicals worldwide, while Asia-Pacific and Latin America, with projected CAGRs of 6.5% and 6.8% respectively over 2008-2012, represent the fastest growing markets.
Of the major product groups analyzed, fermented alcohol, with an estimated share of 53% in 2008, forms the largest, in addition to being the fastest growing one. The segment is projected to maintain a CAGR of 8.6% over the 2000-2010 period.
Cost-efficiency, and its eco-friendly benefits, among others are expected to drive the market for fermented ethanol worldwide during the years ahead. Scenario in vitamins market worldwide is likely to remain stagnant in the years ahead in developed countries, but substantial demand is expected to stem from F&B industry, and from developing countries. Deficit in manufacturing, along with increasing demand for lysine is likely to propel the prices of lysine northwards, in the short-term.
The knowledge of end-use markets is critical for market success for the players in the fermentation chemicals industry. With food and food ingredients remaining a major end-use market for fermentation, knowing about that marketplace comes handy for the fermentation industry. The industry could also be influenced by transformation in the animal feed and its related ingredient markets, besides the food market. A case in point is the pressure on the fermentation chemicals manufacturers to broaden their scope in the wake of the food and food ingredients market becoming all the more complicated, competitive, and multinational with the world dividing into convenient trade blocs. Therefore, understanding the end-use markets is an important recipe for the success of fermentation chemicals manufacturers in the highly competitive marketplace.
These and other market data and trends are presented in "Fermentation Chemicals: A Global Strategic Business Report" published by Global Industry Analysts, Inc. The GIA report discusses the prevailing trends, issues, demand forecasts, and activities that affect the industry. The fermentation chemicals market is analyzed in millions of dollars for the following geographic regions - United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East, and Latin America. Product groups/segments analyzed include Fermented Bulk Antibiotics, Fermented Alcohol (Ethanol & Other Alcohol), Fermented Enzymes, Fermented Organic Acids (Amino Acid, Citric Acid, Lactic Acid & Other Fermented Organic Acids), Fermented Vitamins, Fermented Polymers & Biogums and Other Fermentation Chemicals. Analytics for the period 2000-2015 provide a comprehensive understanding of the market.
Dominant global forces profiled in the report include AB Enzymes, Ajinomoto Company Inc., Amano Enzyme Inc., Amino GmbH, Asahi Kasei Corporation, Archer-Daniels-Midland Company, Avecia Biologics Limited, BASF SE, Boehringer Ingelheim Austria GmbH, Cargill, Inc., Chr. Hansen A/S, Danisco A/S, Dow Chemical Company, Evonik Degussa GmbH, Gadot Biochemical Industries Ltd., Genencor International, Inc., Hovione FarmaCiencia SA, International Specialty Products, Johnson Matthey Catalysts, Jungbunzlauer AG, Kyowa Hakko Kogyo Company Limited, Lonza, MGP Ingredients Inc., Novozymes A/S, PURAC biochem, Rhodia Organics, Roquette Freres SA, Royal DSM, Tate & Lyle plc, and Wacker-Chemie GmbH among several others. The study enumerates recent developments, mergers, acquisitions, and other strategic industry activities, and is an easy guide to What, Why, When, How, Where, and Who of the industry.
For more details about this research report, please visit http://www.strategyr.com/Fermentation_Chemicals_Market_Report.asp.
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