Prominent Fermentation Chemicals Market Trend for 2025: Strategic Partnerships In Fermentation Chemicals

What industry-specific factors are fueling the growth of the fermentation chemicals market?
The increasing consumption of alcoholic and non-alcoholic drinks is likely to boost the fermentation chemicals market. Alcoholic beverages contain ethanol, also known as alcohol, while non-alcoholic beverages contain little or no alcohol. The fermentation process involves yeast converting carbohydrates into alcohol, and fermentation chemicals are used to speed up or begin this process, which is an anaerobic process that breaks down molecules such as glucose. For example, a report published by Statistics Canada, a Canada-oriented national statistics agency, stated in February 2023 that sales of alcoholic beverages in retail establishments and liquor authorities hit $26.1 billion in the fiscal year ending on March 31, 2022, marking a 2.4% rise from the previous year. Wine sales saw a 2.1% increase, reaching $8.1 billion in 2021 and 2022. Beer accounted for 34.9% of the total alcohol sales value in 2021-2022, followed by wine (31.3%), spirits (25.8%), and ciders and coolers (8.0%). Therefore, the growing need for alcoholic and non-alcoholic beverages fuels the expansion of fermentation chemicals.

Get Your Fermentation Chemicals Market Report Here:
https://www.thebusinessresearchcompany.com/report/fermentation-chemicals-global-market-report

What Is the projected market size and growth rate for the fermentation chemicals market?
The market size for fermentation chemicals has seen significant growth lately. Its value is expected to increase from $70.98 billion in 2024 and reach $75.54 billion in 2025 with a compound annual growth rate (CAGR) of 6.4%. The historic growth of the market can be credited to government initiatives, advancements in industrial biotechnology, a transition to bio-based products, an upsurge in pharmaceutical uses, and demand for biofuel production.

The market size of fermentation chemicals is anticipated to witness robust growth in the upcoming years. It is projected to rise to $100.08 billion in 2029, experiencing a compound annual growth rate (CAGR) of 7.3%. The growth during this forecast period can be linked to an increase in biopharmaceuticals, demand for bio-based products, growth in biofuel production, and the expansion of the food and beverage industries, as well as the use of fermentation chemicals in cosmetics and personal care. Key trends during the forecast period are expected to be advancements in biopharmaceuticals, increased demand for bio-based products, worldwide economic factors, supportive government regulations, a focus on research and development, and applications in cosmetics and personal care.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9063&type=smp

What new trends are reshaping the fermentation chemicals market and its opportunities?
Key players in the fermentation chemicals market are strategically partnering up to innovate synthetic biology-derived functional chemicals. This strategy, involving mutually beneficial collaborations capitalizing on each company's unique capabilities, is increasingly common. An example of this is the alliance formed in July 2023 between Sumitomo Chemical Co. Ltd., a chemical firm based in Japan, and Ginkgo Bioworks, a biotech firm in the US. The collaboration was initiated to further the production of functional chemicals using synthetic biology, building on their existing biomanufacturing partnership. In this innovative project, Ginkgo Bioworks will utilize its unique strain design technology to establish microbial strain and fermentation methods for producing the aimed molecule. Meanwhile, Sumitomo Chemical will be committed to refining and scaling up the manufacturing process for its commercial launch. This strategy will facilitate large-scale production of functional chemicals through microbial fermentation, lessening the dependency on fossil fuels and cutting down the carbon footprint, thus aligning with the objective of achieving a carbon-neutral society.

What major market segments define the scope and growth of the fermentation chemicals market?
The fermentation chemicals market covered in this report is segmented -

1) By Product Type: Alcohols And ket*ones, Amino Acids, Industrial Enzymes, Organic Acids, Other Product Types
2) By Form: Liquid, Powder
3) By Application: Food And Beverages, Plastics And Fibers, Nutritional And Pharmaceuticals, Industrial Application, Cosmetic And Toiletry, Other Applications

Subsegments:
1) By Alcohols And ket*ones: Ethanol, Butanol, Acetone, Propanol
2) By Amino Acids: L-Glutamic Acid, L-Lysine, L-Threonine, Other Amino Acids
3) By Industrial Enzymes: Amylases, Proteases, Cellulases, Lipases
4) By Organic Acids: Lactic Acid, Citric Acid, Acetic Acid, Fumaric Acid
5) By Other Product Types: Biopolymers, Bio-based Solvents, Microbial Cell Factories, Other Specialty Chemicals

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9063

Which region dominates the fermentation chemicals market?
North America was the largest region in the fermentation chemicals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the fermentation chemicals market during the forecast period. The regions covered in the fermentation chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the fermentation chemicals industry growth?
Major companies operating in the fermentation chemicals market include Ajinomoto Co. Inc., AB Enzymes GmbH, BASF SE, Amano Enzymes Inc., Archer Daniels Midland Company, Novozymes A/S, Cargill Incorporated, Evonik Industries AG, DuPont Danisco A/S, Koninklijke DSM N.V., Chr. Hansen Holding A/S, LanzaTech Inc., MicroBiopharm Japan Co Ltd., Novasep Holding SAS, Kerry Group plc, Lallemand Inc., Amyris Inc., Codexis Inc., Lesaffre et Compagnie, Givaudan SA, NatureWorks LLC, Roquette Frères S.A., Sekisui Chemical Co. Ltd., Novamont S.p.A., Metabolic Explorer S.A., Corbion N.V., Raízen Energia S.A.

Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9063&type=smp

What Is Covered In The Fermentation Chemicals Global Market Report?

• Market Size Forecast: Examine the fermentation chemicals market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the fermentation chemicals market for a structured understanding.
• Key Players Overview: Analyze major players in the fermentation chemicals market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fermentation chemicals market.
• Segment Contributions: Evaluate how different segments drive overall growth in the fermentation chemicals market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fermentation chemicals market.
• Industry Challenges: Identify potential risks and obstacles affecting the fermentation chemicals market.
• Competitive Landscape: Review strategic developments in the fermentation chemicals market, including expansions, agreements, and new product launches.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.