Strong Growth of Fermented Alcohols Drives the Global Fermentation Chemicals Market, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Fermentation Chemicals markets. Global market for Fermentation Chemicals is projected to reach US$71.3 billion by 2020, driven by strong growth of fermented alcohols, and expanding end-use applications.

Fermentation Chemicals: A Global Strategic Business Report

Follow us on LinkedIn – Fermentation chemicals hold immense potential as process initiators in various applications and possess ability to speed up process reactions, which results in saving time, cost of production and energy. Given their natural eco-friendly characteristics, fermentation chemicals find usage in various applications in several industries such as alcohol, food & beverages, chemical, textile, rubber and pharmaceutical industries. Over the years, fermentation chemicals have helped reduce production costs in several manufacturing industries and have replaced harsh and expensive chemical additives. Future growth in the market will be fuelled by the development of novel, high-value fermentation chemicals, and increase in demand from major end-use industries. The rapidly aging global population and their vulnerability to chronic diseases and degenerative conditions, is also anticipated to offer significant opportunities in the food and beverage industry as consumers increasingly prefer products enriched with food enzymes.

Fermented Alcohols will continue to be the leading product group, supported by strong demand for fermented ethanol. Ethanol’s eco-friendliness, cost-efficiency and the ability to meet existing regulations are propelling demand for ethanol as a biofuel. Rapid growth is also expected to come from increased demand for fermented vitamins in the food and beverage industry. Future demand for industrial applications of lactic acid, its esters and salts will stem from lactate solvents and lactic acid based biodegradable polymers. Industrial applications will witness faster growth as compared to other uses of lactic acid, largely due to the widening application areas for polylactic acid (PLA).

As stated by the new market research report on Fermentation Chemicals, the United States represents the largest market worldwide, followed by Europe. Latin America and Asia-Pacific are expected to spearhead global growth, driven by rapid industrialization, rising per capita income, growing population, and increasing demand for higher value and quality goods.

Key players covered in the report include AB Enzymes GmbH, Adisseo France S.A.S, Ajinomoto Company Inc., Amano Enzyme Inc., Amino GmbH, Asahi Kasei Corporation, Archer Daniels Midland Company, Ashland Inc., BASF SE, Cargill Inc., Chr. Hansen A/S, Corbion NV, Dow Chemical Company, DuPont Nutrition and Health, Evonik Industries AG, Gadot Biochemical Industries Ltd., Jungbunzlauer AG, Kyowa Hakko Bio Co. Ltd., Lonza Group AG, MGP Ingredients Inc., Novozymes A/S, Novus Biologicals LLC, Roquette Freres SA, Royal DSM, Tate & Lyle PLC, and Wacker Chemie AG, among others.

The research report titled “Fermentation Chemicals: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections in dollars for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East, and Latin America (Brazil and Rest of Latin America). Product groups/segments analyzed in the report include Bulk Antibiotics, Alcohols (Ethanol & Other Fermented Alcohols), Enzymes, Organic Acids (Amino Acids, Citric Acid, Lactic Acid & Other Fermented Organic Acids), Vitamins, Polymers & Biogums, and Other Fermentation Chemicals.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Fermentation_Chemicals_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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