Fermentation Chemicals Market in LAMEA is expected to register a CAGR of 6.3% during the forecast period (2019-2025) - KBV Research

31-Oct-2019 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report LAMEA Fermentation Chemicals Market, published by KBV Research, the LAMEA Fermentation Chemicals Market would witness market growth of 6.3% growth rate during the forecast period (2019-2025).

The Alcohols market dominated the Brazil Fermentation Chemicals Market by Product in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $803 Million by 2025, growing at a CAGR of 4.8 % during the forecast period. The Organic Acid market is expected to witness highest CAGR of 4.7% during (2019 - 2025).

The Industrial market contributed the highest share to the revenue to LAMEA Fermentation Chemicals Market by Application in 2018, and is anticipated to attain a market value of $3141.8 Million by 2025, rising at a CAGR of 5.8 % during the forecast period. The Plastics & Fibers market is predicted to experience a growth rate of 7.6% CAGR during (2019 - 2025).

The Brazil market captured the maximum market share to the LAMEA Fermentation Chemicals Market by Region in 2018, and would grow at a CAGR of 5.3 % during the forecast period. Additionally, The UAE market is forecasted to experience a growth of 5.7% CAGR during (2019 - 2025).

Full Report:https://www.kbvresearch.com/lamea-fermentation-chemicals-market/

The report highlights the adoption of Fermentation Chemicals in LAMEA. Based on Application, the market is segmented into Industrial, Plastics & Fibers, Food and Beverages, Pharmaceutical and Nutritional and Other Applications. Based on Product, the market is segmented into Alcohols, Organic Acid, Enzymes and Other Products. The report also covers geographical segmentation of Fermentation Chemicals market. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.

The major market players expanding their reach in the LAMEA Fermentation Chemicals market are Novozymes A/S, Koch Industries, Inc. (Invista BV), The Dow Chemical Company, BASF SE, Archer Daniels Midland Company, Cargill Corporation, Chr. Hansen Holding A/S, Koninklijke DSM N.V, Ajinomoto Co. Inc. and Evonik Industries AG (RAG-Stiftung).