Fermentation Chemicals Market Size, Share & Trends Analysis Report By Product (Alcohol, Enzymes, Organic Acid), By Application (Industrial, Food & Beverages, Plastic & Fibers), By Region, And Segment Forecasts, 2024 - 2030

Market Segmentation

• Fermentation Chemicals Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
  • Alcohols
  • Enzymes
  • Organic Acids
  • Other Products
• Fermentation Chemicals Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
  • Industrial Application
  • Food & Beverages
  • Nutritional and Pharmaceutical
  • Plastics and Fibers
  • Other Applications
• Fermentation Chemicals Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
• North America
• North America Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• North America Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• U.S.
• U.S. Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• U.S. Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Canada
• Canada Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Canada Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Mexico
• Mexico Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Mexico Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Europe
• Europe Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Europe Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Germany
• Germany Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Germany Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• UK
• UK Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• UK Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers

• France
• France Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• France Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Italy
• Italy Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Italy Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Spain
• Spain Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Spain Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications

• Asia Pacific
• Asia Pacific Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Asia Pacific Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• China

• China Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• China Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• India
• India Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• India Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Japan
• Japan Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Japan Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• South Korea
• South Korea Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• South Korea Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers

• Australia
• Australia Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Australia Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers

• Central & South America
• Central & South America Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Central & South America Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Brazil
• Brazil Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Brazil Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers

• Other Applications
• Argentina
• Argentina Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Argentina Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers

• Middle East & Africa
• Middle East & Africa Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Middle East & Africa Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications
• Saudi Arabia
• Saudi Arabia Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• Saudi Arabia Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers

• South Africa
• South Africa Fermentation Chemicals Market, by Product
• Alcohols
• Enzymes
• Organic Acids
• Other Products
• South Africa Fermentation Chemicals Market, by Application
• Industrial Application
• Food & Beverages
• Nutritional and Pharmaceutical
• Plastics and Fibers
• Other Applications

Fermentation Chemicals Market Dynamics

Drivers: Eco-friendly characteristics of fermentation chemicals

Fermentation chemicals are characterized by their eco-friendly nature in comparison to their synthetic counterparts (petroleum-derived chemicals) and are gaining acceptance globally. Fermentation chemicals are primarily composed of vegetable feedstock, such as corn, sugar, and starch, which do not harm the environment. In addition to their eco-friendly characteristics, they also hold cost-advantage over their synthetic counterparts. Raw materials used for producing fermentation chemicals include sugar and starch, which are relatively cheaper in comparison to petrochemicals when compared on a nominal scale index. These factors have prompted the development of fermentation chemicals. Major chemical companies have shifted their focus toward bio-based raw materials to reduce dependence on petrochemicals. Fluctuations in crude oil prices, coupled with growing concerns regarding carbon emissions and the degradability of petrochemical-based products, are the major factors driving the shift toward the development of sustainable and biodegradable solvents. Petrochemical derivatives, especially ethylene and propylene, are used as major feedstock for manufacturing various products.

Growth of major end-use industries

Fermentation chemicals are widely used in various end-use industries such as pharmaceutical, nutrition, food & beverages, and plastics, among other industries. The growth of these industries is directly proportional to the growing demand for fermentation chemicals. Any fluctuations in these industries will directly impact the growing demand for fermentation chemicals globally. Plastics and fibers is expected to be the fastest-growing application segment for fermentation chemicals and the growth of plastics industry is directly proportional to the growth of the fermentation chemicals market. Polyhydroxyalkanoates (PHA) is one of the major plastics manufactured using fermentation chemicals. The increasing safety problems connected with overflowing landfills and plastic dumping are predicted to stay a prime driving reason for the growth of the global PHA market. Government permissions that make bioplastics packaging obligatory and incentives for green packaging companies in the form of tax rebates have also encouraged the growth of PHA in the past years and this fact is predicted to endure over the forecast period. The surging demand for PHA globally is anticipated to boost the global market for fermentation chemicals over the forecast period.

Restraint: Complex and cost-intensive manufacturing processes

The industrial fermentation process for obtaining products, such as biofuels, bioplastics, polymers (xanthan, polyhydroxyalkanoates (PHA), and polylactic acid (PLA)), and composites, is a hugely complex, multistep one. It needs great capital investment and extensive degree of proficiency. The process assists in converting cellulosic materials, sugars, and starches into food ingredients, fuel, feed, and additional industrial products. The conversion method employs enzymes or microorganisms, such as yeasts and algae, which may be genetically modified and takes place in bioreactors or fermenters. Subsequent downstream processing is required to isolate and purify the target products. However, the separation of C5 and C6 sugar streams from cellulosic materials, as well as separation from lignin, is more complex, which requires advanced pretreatment and enzyme fermentation technologies. The development of organic acids and alcohol is a time-consuming process with high holdup time and relatively low yields as compared to synthetic production routes.

What Does This Report Include?

This section will provide insights into the contents included in this fermentation chemicals market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Fermentation chemicals market qualitative analysis

• Industry overview

• Industry trends

• Market drivers and restraints

• Market size

• Growth prospects

• Porter’s analysis

• PESTEL analysis

• Key market opportunities prioritized

• Competitive landscape

  • Company overview

  • Financial performance

  • Product benchmarking

  • Latest strategic developments

Fermentation chemicals market quantitative analysis

• Market size, estimates, and forecast from 2018 to 2030

• Market estimates and forecast for product segments up to 2030

• Regional market size and forecast for product segments up to 2030

• Market estimates and forecast for application segments up to 2030

• Regional market size and forecast for application segments up to 2030

• Company financial performance