Middle East & Africa Fermentation Chemicals Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$5,610.1

Forecast, 2030 (US$M)

$9,297.2

CAGR, 2024 - 2030

7.5%

Report Coverage

Middle East & Africa

Middle East & Africa fermentation chemicals market, 2018-2030 (US$M)

Related Markets

Global Fermentation Chemicals Industry Outlook

North America Fermentation Chemicals Market Outlook

U.S. Fermentation Chemicals Market Outlook

Europe Fermentation Chemicals Market Outlook

Germany Fermentation Chemicals Market Outlook

France Fermentation Chemicals Market Outlook

UK Fermentation Chemicals Market Outlook

Asia Pacific Fermentation Chemicals Market Outlook

Japan Fermentation Chemicals Market Outlook

China Fermentation Chemicals Market Outlook

India Fermentation Chemicals Market Outlook

Latin America Fermentation Chemicals Market Outlook

MEA fermentation chemicals market highlights

The MEA fermentation chemicals market generated a revenue of USD 5,610.1 million in 2023.
The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
In terms of segment, alcohols was the largest revenue generating product in 2023.
Organic Acids is the most lucrative product segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023	USD 5,610.1 million
Market revenue in 2030	USD 9,297.2 million
Growth rate	7.5% (CAGR from 2023 to 2030)
Largest segment	Alcohols
Fastest growing segment	Organic Acids
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Alcohols, Enzymes, Organic Acids
Key market players worldwide	Basf SE, Novonesis AS ADR, DuPont de Nemours Inc, DSM, Amano Corp, ABF Ingredients, HansenGroup, Dow Inc, Evonik Industries AG, Cargill, Ajinomoto Co Inc, Archer-Daniels Midland Co

Other key industry trends

In terms of revenue, MEA region accounted for 7.5% of the global fermentation chemicals market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 36,451.1 million by 2030.

Key Regions: U.S. , UK , Japan , Germany , France

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Fermentation Chemicals Market Scope

Fermentation chemicals market segmentation & scope

Product

Alcohols

Enzymes

Organic Acids

Others

Application

Industrial Applications

Food & Beverages

Nutritional and Pharmaceuticals

Plastics and Fibers

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Germany

France

China

India

Japan

Fermentation Chemicals Market Companies

Name	Profile	# Employees	HQ	Website

Middle East & Africa fermentation chemicals market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fermentation chemicals market will help companies and investors design strategic landscapes.

Alcohols was the largest segment with a revenue share of 53.91% in 2023. Horizon Databook has segmented the Middle East & Africa fermentation chemicals market based on alcohols, enzymes, organic acids covering the revenue growth of each sub-segment from 2018 to 2030.

Africa is one of the prominent cattle feed producers globally. Fermentation chemicals such as malic acid and fumaric acid are used in cattle feed to increase the milk production capacity in animals. The growing demand for animal feed, particularly in Libya, Morocco, Egypt, Tunisia, and Algeria, is anticipated to boost the demand for fermentation chemicals in the region over the forecast period.

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Our clientele includes a mix of fermentation chemicals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fermentation chemicals market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fermentation chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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