Press release
Spain Fermentation Ingredients Market is projected to grow at a CAGR over 3.46% post 2023
Spain fermentation ingredients market is projected to reach USD 1,530 million by the year 2023 with growth rate of 3.46%. Andalusia and Catalonia together holds more than 50% of market share in 2017 as large fermentation ingredients companies are located in Catalonia and Andalusia. Spain is the third major country for production of fermentation ingredients for chemical and pharmaceuticals application which is supporting the growth of the market in Spain. Madrid will witness higher growth rate during the forecast period.
On the basis of type, Alcohol (i.e. Ethanol, butanol, BDO and Acetone) and Antibiotics (i.e. Beta-lactam, tetracycline and clavulic acid) fermentation ingredients holds more than 50% market share in the year 2017 as in Spain majority of fermentation ingredients is used for chemical and pharmaceutical application. Amino acid is projected to grow at higher rate during the forecast period. Polymers and organic acids together holds more than 30% of market share in the year 2017due to increasing demand of polymer over organic acid in Spain.
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Liquid form of fermentation ingredients holds more than 55% market share in the year 2017, as in Spain majority of fermentation ingredients such as alcohol and organic acid are produced in the form of liquid. Dry form is projected to grow at higher rate compare to liquid form during the forecast period due to increasing demand of polymer and industrial enzymes from last few years.
Increasing awareness about application of fermentation ingredients in personal care and pharmaceutical products is driving the growth of fermentation ingredients market. Rising popularity of food and beverages products made by using fermentation ingredients is boosting the market growth in Spain. Introduction eco-friendly production system from fermentation ingredients manufacturers and advance technologies in fermentation process is also influencing the growth of the market. Rising production of sugar cane, beet, tapioca and corn is playing the major role in the growth of fermentation ingredients market in Spain.
Competitive analysis-
The major key players in Spain Fermentation Ingredients market are
• Archer-Daniels-Midland Co
• The Dow Chemical Co
• Cargill, Incorporated
• I. du Pont de Nemours & Co
• Evonik Industries AG
• Novozymes A/S
• Uquifa
Key players are focusing on expansion of their fermentation ingredient business. From six years, strategy of product launch and expansion of the fermentation ingredients business together holds around 50% of strategy share by key players. Acquisitions and agreement are two main factors which are contributing more than 40% of strategy share as it helping company to enhance their fermentation ingredients production capacity and to capture more market share in Spain and other regions in Europe.
Complete Report Available at https://www.marketresearchfuture.com/reports/spain-fermentation-ingredients-market-2984 .
Target Audience
• Fermentation Ingredients Manufacturers
• Food and beverage Industry
• Chemical Industry
• Pharmaceutical Industry
• Retailers and wholesalers
• Traders, importers and exporters
Key Findings
• The Spain Fermentation Ingredients market is projected to reach USD 1,530 million by 2023 of 3.46%
• In Spain, application of fermentation ingredients in pharmaceutical is growing at higher rate of 3.83%
• In Spain., Alcohol fermentation ingredients type holds the major market share for the year 2017
Regional and State wise Analysis of Spain Fermentation Ingredients market Development and Demand Forecast to 2023 Market
The reports also cover region level analysis:
Spain
• Andalusia
• Catalonia
• Madrid
• Valencian Community
• Rest of Spain
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Table of Contents
1 Acronyms 10
2 Executive Summary 11
3 Introduction 12
3.1 Scope of the Study 12
3.1.1 Research Objective 12
3.1.2 Assumptions 12
3.1.3 Limitations 12
3.2 Market Structure 12
4 Research Methodology 14
4.1 Introduction 14
4.2 Primary Research 15
5 Secondary Research 16
6 Market Dynamics 17
6.1 Introduction 17
6.1.1 Drivers 17
6.1.1.1 Diverse Industrial Applications Including Pharma and Personal Care Products 17
6.1.1.2 Growing Demand from Alcohol Industry 18
6.1.1.3 Strong food & biofuel demand 18
6.1.2 Restraints 18
6.1.2.1 Weather Uncertainties resulting in fluctuations in raw material production 18
6.1.2.2 High Risks due to Large Quantities of Ethanol which is Flammable 18
6.1.2.3 High Operating Risks 18
7 Market Trends 20
7.1 Macroeconomic Indicator Analysis for Spain Market 20
7.1.1 Pestle analysis-Spain 20
7.2 Technology Innovation & Research Road Map 21
8 Market Factor Analysis 22
8.1 Introduction 22
8.2 Value Chain Analysis 22
8.3 Supply Chain Analysis 23
8.4 Porter’s Five Forces 23
8.4.1 Bargaining Power of Suppliers 24
8.4.2 Threat of New Entrants 24
8.4.3 Bargaining Power of Buyers 24
8.4.4 Threat of Substitutes 24
8.4.5 Competitive Rivalry Between Existing Players 25
9 Spain Fermentation Ingredients Market Overview 26
9.1 Spain Fermentation Ingredients Market, by Province (2016-2023), USD Million 26
9.2 Spain Fermentation Ingredients Market, by Type (2016-2023), USD Million 27
9.3 Spain Fermentation Ingredients Market, by From (2016-2023), USD Million 27
9.4 Spain Fermentation Ingredients Market, by Application (2016-2023), USD Million 28
9.5 Spain Fermentation Ingredients Market, by Feedstock (2016-2023), USD Million 28
10 Spain Fermentation Market, By Type 29
10.1 Spain Fermentation Ingredients Market, by Type (2016-2023), USD Million 29
10.2 Spain Fermentation Ingredients Market, Alcohol, by Province (2016-2023), USD Million 30
10.3 Spain Fermentation Ingredients Market, Amino Acid, by Province (2016-2023), USD Million 30
10.4 Spain Fermentation Ingredients Market, Antibiotics, by Province (2016-2023), USD Million 30
10.5 Spain Fermentation Ingredients Market, Polymer, by Province (2016-2023), USD Million 32
10.6 Spain Fermentation Ingredients Market, Vitamins, by Province (2016-2023), USD Million 32
10.7 Spain Fermentation Ingredients Market, Industrial Enzymes, by Province (2016-2023), USD Million 33
10.8 Spain Fermentation Ingredients Market, Organic Acid, by Province (2016-2023), USD Million 33
10.9 Spain Fermentation Ingredients Market, Other Types, by Province (2016-2023), USD Million 34
11 Spain Fermentation Ingredients Market, By Form 35
11.1 Spain Fermentation Ingredients Market, By From (2016-2023), USD Million 35
11.2 Spain Fermentation Ingredients Market, Dry From, by Province (2016-2023), USD Million 35
11.3 Spain Fermentation Ingredients Market, Liquid From, by Province (2016-2023), USD Million 36
11.4 Spain Fermentation Ingredients Market, Other From, by Province (2016-2023), USD Million 37
12 Spain Fermentation Ingredients Market-By Application 38
12.1 Spain Fermentation Ingredients Market, by Application (2016-2023), USD Million 38
12.2 Spain Fermentation Ingredients Market, Chemical, By Province (2016-2023), USD Million 39
12.3 Spain Fermentation Ingredients Market, Food and Beverages, By Province (2016-2023), USD Million 40
12.4 Spain Fermentation Ingredients Market, Pharmaceuticals, By Province (2016-2023), USD Million 41
12.5 Spain Fermentation Ingredients Market, Animal Feed, By Province (2016-2023), USD Million 42
12.6 Spain Fermentation Ingredients Market, Other Application, By Province (2016-2023), USD Million 43
13 Spain Fermentation Ingredients Market-By Feedstock 44
13.1 Spain Fermentation Ingredients Market, By Feedstock (2016-2023), USD Million 44
13.2 Spain Fermentation Ingredients Market, Sugar Beet, By Province (2016-2023), USD Million 45
13.3 Spain Fermentation Ingredients Market, Wheat, By Province (2016-2023), USD Million 46
13.4 Spain Fermentation Ingredients Market, Dextrose, By Province (2016-2023), USD Million 47
13.5 Spain Fermentation Ingredients Market, Other Feedstock, By Province (2016-2023), USD Million 48
14 Andalusia Fermentation Ingredients Market 49
14.1 Andalusia Fermentation Ingredients Market, By Type (2016-2023), USD Million 49
14.2 Andalusia Fermentation Ingredients Market, By Form (2016-2023), USD Million 50
14.3 Andalusia Fermentation Ingredients Market, By Application (2016-2023), USD Million 51
14.4 Andalusia Fermentation Ingredients Market, By Feedstock (2016-2023), USD Million 52
15 Catalonia Fermentation Ingredients Market 53
15.1 Catalonia Fermentation Ingredients Market, By Type (2016-2023), USD Million 53
15.2 Catalonia Fermentation Ingredients Market, By Form (2016-2023), USD Million 54
15.3 Catalonia Fermentation Ingredients Market, By Application (2016-2023), USD Million 55
15.4 Catalonia Fermentation Ingredients Market, By Feedstock (2016-2023), USD Million 56
16 Madrid Fermentation Ingredients Market 57
16.1 Madrid Fermentation Ingredients Market, By Type (2016-2023), USD Million 57
16.2 Madrid Fermentation Ingredients Market, By Form (2016-2023), USD Million 58
16.3 Madrid Fermentation Ingredients Market, By Application (2016-2023), USD Million 58
16.4 Madrid Fermentation Ingredients Market, By Feedstock (2016-2023), USD Million 58
17 Valencian Community Fermentation Ingredients Market 60
17.1 Velencian Community Fermentation Ingredients Market, By Type (2016-2023), USD Million 60
17.2 Velencian Community Fermentation Ingredients Market, By Form (2016-2023), USD Million 61
17.3 Velencian Community Fermentation Ingredients Market, By Application (2016-2023), USD Million 62
17.4 Velencian Community Fermentation Ingredients Market, By Feedstock (2016-2023), USD Million 63
18 Rest of Spain Fermentation Ingredients Market 64
18.1 Rest of Spain Fermentation Ingredients Market, By Type (2016-2023), USD Million 64
18.2 Rest of Spain Fermentation Ingredients Market, By Form (2016-2023), USD Million 65
18.3 Rest of Spain Fermentation Ingredients Market, By Application (2016-2023), USD Million 66
18.4 Rest of Spain Fermentation Ingredients Market, By Feedstock (2016-2023), USD Million 67
19 Company Profile 68
19.1 Archer Daniels Midland Co 68
19.1.1 Overview 68
19.1.2 Company Snapshot 68
19.1.3 Company Analysis 69
19.1.4 SWOT Analysis 69
19.2 The Dow Chemical Co. 71
19.2.1 Overview 71
19.2.2 Company Snapshot 71
19.2.3 Company Analysis 71
19.2.4 SWOT Analysis 72
19.2.5 Recent Developments 73
19.3 E.I. du Pont de Nemours & Co. 74
19.3.1 Overview 74
19.3.2 Company Snapshot 74
19.3.3 Company Analysis 75
19.3.4 SWOT Analysis 75
19.4 Evonik Industries AG 77
19.4.1 Overview 77
19.4.2 Company Snapshot 77
19.4.3 Company Analysis 78
19.4.4 SWOT Analysis 78
19.5 Novozymes A/S 80
19.5.1 Overview 80
19.5.2 Company Snapshot 80
19.5.3 Company Analysis 81
19.6 Cargill, Inc 82
19.6.1 Overview 82
19.6.2 Company Snapshot 82
19.7 Uquifa 83
19.7.1 Overview 83
19.7.2 Company Snapshot 83
20 Competitive Landscape 84
20.1 Introduction 84
20.2 New Product Launch 86
20.3 Business Expansion 86
20.4 Investment 86
20.5 Acquisitions 87
20.6 Agreements 87
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