Fermentation Product Market Report: Trends, Forecast and Competitive Analysis to 2030

Fermentation Product Trends and Forecast

The future of the global fermentation product market looks promising with opportunities in the food & beverage, pharmaceutical, agriculture, personal care, animal feed, and textile & leather markets. The global fermentation product market is expected to reach an estimated $238.5 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are growing awareness among customers regarding bio-based products and increasing bioethanol industry.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Fermentation Product by Segment

The study includes a forecast for the global fermentation product by type, process, feed stock, end use, and region.

Fermentation Product Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Alcohol
• Amino Acid
• Organic Acid
• Biogas
• Polymer
• Vitamin
• Antibiotic
• Industrial Enzyme

Fermentation Product Market by Process [Shipment Analysis by Value from 2018 to 2030]:

• Batch Fermentation
• Continuous Fermentation
• Others

Fermentation Product Market by Feed Stock [Shipment Analysis by Value from 2018 to 2030]:

• Corn
• Rice
• Wheat
• Sugar Cane
• Cassava
• Barley
• Potatoes
• Sorghum
• Others

Fermentation Product Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverage
• Pharmaceutical
• Agriculture
• Personal Care
• Animal Feed
• Textile & Leather
• Others

Fermentation Product Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Fermentation Product Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fermentation product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fermentation product companies profiled in this report include-

• Ajinomoto
• Archer Daniels Midland
• Cargill
• Danisco
• BASF
• Hansen Holding
• DuPont
• Evonik Industries
• DSM
• Dow

Fermentation Product Market Insights

Lucintel forecasts that organic acid is expected to witness the highest growth over the forecast period due to increasing adoption in the food & beverage industry.

Within this market, food & beverage is expected to witness the highest growth.

APAC is expected to witness the highest growth over the forecast period due to surge in demand for antibiotics in the region.

Features of the Global Fermentation Product Market

Market Size Estimates: Fermentation product market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Fermentation product market size by various segments, such as by type, process, feed stock, end use, and region in terms of value ($B).

Regional Analysis: Fermentation product market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, process, feed stocks, end uses, and regions for the fermentation product market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fermentation product market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the fermentation product market size?

Answer: The global fermentation product market is expected to reach an estimated $238.5 billion by 2030.

Q2. What is the growth forecast for fermentation product market?

Answer: The global fermentation product market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the fermentation product market?

Answer: The major drivers for this market are growing awareness among customers regarding bio-based products and increasing bioethanol industry.

Q4. What are the major segments for fermentation product market?

Answer: The future of the fermentation product market looks promising with opportunities in the food & beverage, pharmaceutical, agriculture, personal care, animal feed, and textile & leather markets.

Q5. Who are the key fermentation product market companies?

Answer: Some of the key fermentation product companies are as follows:

• Ajinomoto
• Archer Daniels Midland
• Cargill
• Danisco
• BASF
• Hansen Holding
• DuPont
• Evonik Industries
• DSM
• Dow

Q6. Which fermentation product market segment will be the largest in future?

Answer: Lucintel forecasts that organic acid is expected to witness the highest growth over the forecast period due to increasing adoption in the food & beverage industry.

Q7. In fermentation product market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period due to surge in demand for antibiotics in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the fermentation product market by type (alcohol, amino acid, organic acid, biogas, polymer, vitamin, antibiotic, and industrial enzyme), process (batch fermentation, continuous fermentation, and others), feed stock (corn, rice, wheat, sugar cane, cassava, barley, potatoes, sorghum, and others), end use (food & beverage, pharmaceutical, agriculture, personal care, animal feed, textile & leather, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?