Lucintel's latest market report analyzed that fermentation provides attractive opportunities in food and beverage, bio fuel, pharmaceuticals, agriculture, animal feed, personal care, and textile and leather. The fermentation market is expected to grow at a CAGR of 7%-8%. In this market, amino acids are the largest segment by product type, whereas food and beverages are largest by application. The continuous R&D activities and mergers & acquisitions provides strategic growth path in this market.
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Based on product type,
the fermentation market is segmented into organic acids, amino acids, polymers,
vitamins, industrial enzymes, biogas, and antibiotics. The amino acids segment
accounted for the largest share of the market in 2020 due to increased demand
of amino acid in animal feed additive and food & beverage industry.
Browse in-depth TOC on “Fermentation
Market”
XX – Tables
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The fermentation market is
marked by the presence of several big and small players. Some of the prominent
players offering fermentation include Cargill, E. I. DuPont, BASF SE, Döhler
Group, Ajinomoto Corporation Inc.,Chr. Hansen, Koninklijke DSM N.V., Lallemand
Inc., Angel Yeast Co. Ltd., and Lonza.
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This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
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Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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