France Fermentation Chemical Market Introduction and Overview
According to SPER Market Research, the France Fermentation Chemical Market is estimated to reach USD 4.22 billion by 2033 with a CAGR 5.21%.
The report includes an in-depth analysis of the France Fermentation Chemical Market, including market size and trends, product mix, distribution channels, and supplier analysis.Fermentation chemicals are substances that are used to start or speed up the anaerobic chemical reaction known as fermentation, which breaks down molecules. Its primary function is to quicken the chemical reaction, which lowers energy usage, fermentation times, and overall expenses. Industrial enzymes, amino acids, organic acids, and alcohols and ketones are the principal categories of fermentation chemical compounds. The natural fermentation of carbohydrates in wine, beer, spirits, and other alcoholic beverages produces alcohol, a colourless, flammable, and combustible chemical. It is used in food and drink, polymers and fibres, pharmaceuticals and nutrition, industrial applications, cosmetics and toiletries, and other applications. It comes in liquid and powder form.
- BASF SE announced in October 2023 that it would establish a new fermentation plant in Ludwigshafen to generate crop protection chemicals. The new factory will produce offerings to improve biological seed treatment and fungicide treatments.
- BASF SE unveiled a new bio-based and biodegradable polyamide in June 2022 that is produced using fermentation techniques and renewable feedstock. Applications for Polyamide 6.10 include packaging, automobiles, and textiles.
Market Opportunities and Challenges
Opportunities: Fermentation chemicals are in high demand as end customers become more aware of the advantages of employing bio-based goods. Alcohol is likely to drive the market for fermentation chemicals during the forecast period due to its increased use in pharmaceutical applications for the production of goods including medications, liniments, lotions, anaesthetics, and antiseptics. Fermentation is made possible by the growing significance of bioproducts and the acceptance of methanol as the fuel of the future. Among the many industrial uses for fermentation chemicals are in the fields of plastic, chemicals, rubber, biofuel, leather, and textiles. Bakeries and alcoholic beverages are made through the fermentation of alcohols like ethanol. The alcohol market will continue to rise as Methanol is adopted as the Fuel of the Future. After organic acid, enzymes represent the second-largest market sector for fermentation chemicals. Because enzymes may remove stains more effectively and make detergents more environmentally friendly, the use of enzymes in the detergent business is growing in popularity.
Challenges:
"Production Efficiency, Complexity, and Cost Issues"
- Lactic acid is not used by dairy product manufacturers since employing chemicals during the fermentation process is quite expensive. Frequent changes to the ethanol, lactic acid, and bacteria fermentation production process will hinder market expansion. Further downstream processing is required because the end products from the use of fermentation chemicals must be separated and purified.
- When compared to synthetic manufacturing processes, the synthesis of organic acids and alcohols is a labour-intensive process with a long holdup period and low yields. The growth of the fermentation chemical market is being somewhat impeded by these complex fermentation procedures and the high prices involved in obtaining them.
Market Competitive Landscape
The market is fragmented, with the largest firms accounting for less than 20% of the market share. These significant players have established their presence through intensive R&D, robust distribution networks, and strategic alliances. Major firms active in this industry include BASF SE, Cargill, Incorporated, Evonik Industries AG, DSM, and Novozymes.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Application
|
| Regions covered | Eastern, Western, Northern, Southern
|
| Companies Covered | BASF SE, Cargill Incorporated, Evonik Industries AG, DSM, Novozymes A/S, Ajinomoto Co., Inc, Archer Daniels Midland (ADM) Company. |
COVID-19 Impact on France Fermentation Chemical Market
The COVID-19 pandemic has had a major effect on the market expansion for fermentation chemicals. The deadly virus's introduction has led to a number of strict laws, such as trade restrictions, lockdowns, and movements. As a result, many manufacturing facilities had to temporarily close, and there were significant disruptions to the world supply chain. Furthermore, during the pandemic, fewer products were produced due to a lack of labour and raw supplies.
Key Target Audience
- Food and Beverage Manufacturers
- Pharmaceutical and Biotechnology Companies
- Agricultural and Animal Feed Producers
- Cosmetics and Personal Care Product Manufacturers
- Chemical and Biofuel Producers
- Research and Development Institutions
- Regulatory Bodies and Environmental Agencies
- Fermentation Chemical Distributors and Suppliers
Our in-depth analysis of the France Fermentation Chemical Market includes the following segments:
| By Product: | Organic AcidEnzymesAlcoholOthers |
| By Application: | Food and BeveragesPharmaceuticalsPlastic and FibersIndustrial |
| By Region: | EasternWesternNorthernSouthern |
Key Topics Covered in the Report
- France Fermentation Chemical Market Size (FY’2024-FY’2033)
- Overview of France Fermentation Chemical Market
- Segmentation of France Fermentation Chemical Market By Product (Organic Acid, Enzymes, Alcohol, Others)
- Segmentation of France Fermentation Chemical Market By Application (Food and Beverages, Pharmaceuticals, Plastic and Fibers, Industrial)
- Statistical Snap of France Fermentation Chemical Market
- Expansion Analysis of France Fermentation Chemical Market
- Problems and Obstacles in France Fermentation Chemical Market
- Competitive Landscape in the France Fermentation Chemical Market
- Impact of COVID-19 and Demonetization on France Fermentation Chemical Market
- Details on Current Investment in France Fermentation Chemical Market
- Competitive Analysis of France Fermentation Chemical Market
- Prominent Players in the France Fermentation Chemical Market
- SWOT Analysis of France Fermentation Chemical Market
- France Fermentation Chemical Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the France Fermentation Chemical Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. France Fermentation Chemical Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in France Fermentation Chemical Market
7. France Fermentation Chemical Market, By Product (USD Million) 2020-2033
7.1. France Fermentation Chemical Market Size, Share and Forecast, By Product, 2020-2026
7.2. France Fermentation Chemical Market Size, Share and Forecast, By Product, 2027-2033
7.3. Organic Acid
7.4. Enzymes
7.5. Alcohol
7.6. Others
8. France Fermentation Chemical Market, By Application (USD Million) 2020-2033
8.1. France Fermentation Chemical Market Size, Share and Forecast, By Application, 2020-2026
8.2. France Fermentation Chemical Market Size, Share and Forecast, By Application, 2027-2033
8.3. Food and Beverages
8.4. Pharmaceuticals
8.5. Plastic and Fibers
8.6. Industrial
9. France Fermentation Chemical Market Forecast, 2020-2033 (USD Million)
9.1. France Fermentation Chemical Market Size and Market Share
10. France Fermentation Chemical Market, By Region, 2020-2033 (USD Million)
10.1. France Fermentation Chemical Market Size and Market Share By Region (2020-2026)
10.2. France Fermentation Chemical Market Size and Market Share By Region (2027-2033)
10.3. Eastern
10.4. Western
10.5. Northern
10.6. Southern
11. Company Profile
11.1. BASF SE
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Cargill Incorporated
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Evonik Industries AG
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. DSM
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Novozymes A/S
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Ajinomoto Co., Inc
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Archer Daniels Midland (ADM) Company
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Others
12. Conclusion
13. Reference Links
14. List of Abbreviations