U.S. Fermentation Chemicals Market Size & Outlook
U.S. fermentation chemicals market, 2018-2030 (US$M)
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U.S. fermentation chemicals market highlights
- The U.S. fermentation chemicals market generated a revenue of USD 18,086.5 million in 2023 and is expected to reach USD 28,605.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.8% 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.
Fermentation chemicals market data book summary
| Market revenue in 2023 | USD 18,086.5 million |
| Market revenue in 2030 | USD 28,605.1 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Alcohols |
| Fastest growing segment | Organic Acids |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, U.S. accounted for 24.1% of the global fermentation chemicals market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. fermentation chemicals market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 28,605.1 million by 2030.
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Fermentation Chemicals Market Scope
Fermentation Chemicals Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 55.91% in 2023. Horizon Databook has segmented the U.S. fermentation chemicals market based on alcohols, enzymes, organic acids covering the revenue growth of each sub-segment from 2018 to 2030.
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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 country-level data and insights on the U.S. fermentation chemicals market , including forecasts for subscribers. This country databook contains high-level insights into U.S. fermentation chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. fermentation chemicals market size, by product, 2018-2030 (US$M)
U.S. Fermentation Chemicals Market Outlook Share, 2023 & 2030 (US$M)
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