Fermentation Chemicals Market in Europe is expected to register a CAGR of 5% 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 Europe Fermentation Chemicals Market, published by KBV Research, the Europe Fermentation Chemicals Market would witness market growth of 5% growth rate during the forecast period (2019-2025).

The Industrial market dominated the France Fermentation Chemicals Market by Application in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $1241.1 Million by 2025, growing at a CAGR of 5.8 % during the forecast period. The Plastics & Fibers market is expected to witness a CAGR of 7.6% during (2019 - 2025).

The Germany market contributed the largest share to the revenue to Europe Fermentation Chemicals Market by Region in 2018, and would grow at a market value of $3934.8 Million by 2025, rising at a CAGR of 4.2% during the forecast period. The UK market is forecasted to witness a CAGR of 3.9% during (2019 - 2025). Additionally, The France market is anticipated to experience a growth rate of 6.3% CAGR during (2019 - 2025).

The Alcohols market gained the highest market share in the Europe Fermentation Chemicals Market by Product in 2018, and is expected to retain its dominance market till 2025; thereby, rising at a CAGR of 4.5% during the forecast period. The Organic Acid market would grow at the highest growth rate of 4.4% CAGR during (2019 - 2025).

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

The report highlights the adoption of Fermentation Chemicals in Europe. 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 Germany, UK, France, Russia, Spain, Italy and Rest of Europe.

The major market players expanding their reach in the Europe 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).