Fermentation Chemicals Market anticipated to witness healthy
CAGR over 2019-2025: Global Market Insights, Inc.
According to a new research report by the market research and strategy consulting
firm, Global Market Insights, Inc, Fermentation Chemicals Market size is projected to
grow steadily in forecast timeframe owing to its usage as an ingredient for green bio-
based product. The product is environment friendly and used as a raw material in
industrial application including biofuel, textile, polymer, pharmaceutical, chemical and
food & beverage is anticipated to fuel fermentation chemicals market demand.
Stringent environmental laws and rising ecological concern is likely to propel green
chemistry which would drive market size by 2025.
Fermentation chemical finds application in chemical sector as an initiator in a reaction
or as a catalyst to control the speed of the reaction. Fermentation process is
segregated on basis of end product after completion of reaction and comprises of
ethanol, lactic acid and methane and hydrogen gas formation. Growing alcohol
industry and application of products in the food process would foster growth for
fermentation chemicals market.
Global fermentation chemicals market is anticipated to grow owing to growing usage
of its products including microbial enzymes like protease, catalase, pectinase,
isomerase, cellulase, lipase, lactase, and amylase owing to their industrial and
pharmaceutical application. These products are used for making recombinant proteins
comprising of hepatitis B vaccine, granulocyte colony – stimulating factor, interferon,
streptokinase and insulin. New products launch owing to advancement in research will
positively influence market size by 2025.
Microbial enzymes find applications in sewage treatment and agriculture feed which
is likely to drive fermentation chemicals market growth. Bacterial digestion of sewage
with use of industrial enzyme helps to breakdown solid organic components into
soluble components. Microbial enzymes also help to reduce size and odor of sewage
which results in cost & space reduction pertaining to dumping. These factors may drive
market size in forecast timeline.
Sludge formed the in digested sewage can be used as fertilizers along with biogas as
byproduct which is utilized as a fuel. Microbial enzymes can be used to improve vitro
digestibility to break down agroindustry waste to increase protein content. Rapid
urbanization on growing infrastructure contributes to growing sewage which could
drive demand for sewage treatment, thus driving market size in forecast timeframe.
Fermentation chemicals market size likely to grow owing to its application in production
of vitamins. Vitamins are produced through fermenting sugar containing materials with
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