(Food-Beverage-News.Com, April 15, 2017 ) According to Publisher, the Fermentation Ingredients Market is estimated at $25.9 billion in 2015 and is expected to reach $44.9 billion by 2022 growing at a CAGR of 8.1% from 2015 to 2022. Rising demand for alcohol is one of the key drivers for the market growth. Moreover, increasing environmental concerns, eco-friendly production system and health benefits of fermentation are some other key factors fuelling the market growth. However, factors such as accessibility of unrefined resources and price variations are restricting the market growth.
Among Applications, food and beverages segment commanded the largest market share. The growth for this segment is due to the growing consumption of fermentation ingredients for various uses such as food preservation and increase in shelf life of food products. In addition, food and beverage segment will continue its dominance followed by pharmaceutical segment. Asia-Pacific acquired the largest market share, which can be attributed to the high demand for quality food and personal care products, which in turn led to the increase in demand for the market in this region. The key players in the market include Dow chemical company, AB enzymes, Evonik industries, BASF SE, Du pont danisco, Ajinomoto industries, Cargill incorporation, Amano enzymes, Archer Daniels midland company and Novozymes A/S. Types Covered: -Vitamins -Organic acids -Alcohols -Ethanol -Antibiotics -Biogas -Enzymes -Polymer (Polysacchrides/Xanthan) -Other Types
Process Covered: -Anaerobic Fermentation -Batch Fermentation -Aerobic Fermentation -Continuous Fermentation
Forms Covered: -Liquid Form -Dry Form
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
Company Profiling 11.1 Dow chemical company 11.2 AB enzymes 11.3 Evonik industries 11.4 BASF SE 11.5 E.I. Dupont De Nemours and Company 11.6 Ajinomoto industries 11.7 Cargill incorporation 11.8 Amano enzymes 11.9 Archer Daniels midland company 11.10 Novozymes A/S 11.11 Koninklijke DSM N.V. 11.12 CHR. Hansen A/S 11.13 Lallemand Inc. 11.14 Lonza 11.15 Angelyeast Co., Ltd. 11.16 Döhler Group
