Fermentation chemicals are used to initiate the chemical reactions for synthesis of of various chemicals. Fermentation chemicals are used to catalyze or initiate the chemical process of fermentation in various products. These chemicals are majorly manufactured by using vegetable feedstock such as sugar, corn, and starch, and are used in the production of bioplastics, biofuels, polymers, and composites. These are required for increasing the pace of the chemical reaction, and this minimize the overall manufacturing cost, fermentation time, and energy consumption. These chemicals are used in various industries including plastic manufacturing, pharmaceuticals, nutraceuticals, and food & beverages (F&B).
Market Dynamics
Increasing use of fermentation chemicals for the manufacturing of organic acids such as citric acid, lactic acid, gluconic acid, and itaconic acid is expected to drive the market growth. Moreover, huge demand for fermentation chemicals from the pharmaceutical industry is expected to drive themarket growth. Fermentation chemicals are widely used as a preservatives and additives across food &beverage industry, and this is expected to offer potential growth opportunities in the near future.
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