Press release
Spain fermentation ingredients has gained a tremendous popularity in food and beverages and going strong with growth rate of 3.46%
Spain fermentation ingredients
Report Description
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.
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.
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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
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TABLE OF CONTENTS
1 ACRONYMS
2 EXECUTIVE SUMMARY
3 INTRODUCTION
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
4.1 Introduction 14
4.2 Primary Research 15
5 SECONDARY RESEARCH
6 MARKET DYNAMICS
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
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
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
9 SPAIN FERMENTATION INGREDIENTS MARKET, BY FORM
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
10 SPAIN FERMENTATION INGREDIENTS MARKET-BY APPLICATION
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
11 SPAIN FERMENTATION INGREDIENTS MARKET-BY FEEDSTOCK
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
12 ANDALUSIA FERMENTATION INGREDIENTS MARKET
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
13 CATALONIA FERMENTATION INGREDIENTS MARKET
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
14 MADRID FERMENTATION INGREDIENTS MARKET
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
15 VALENCIAN COMMUNITY FERMENTATION INGREDIENTS MARKET
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
16 REST OF SPAIN FERMENTATION INGREDIENTS MARKET
17 COMPANY PROFILE
18 COMPETITIVE LANDSCAPE
19 LIST OF TABLES
20 LIST OF FIGURES
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