Fermentation Chemicals Market

Market Insights

Fermentation technology has been a long-favored biological process due to its simplicity of reaction, low costs, the versatility of application, and high specificity. As a result, industries have complimented the basic principle of fermentation with advances in techniques and genetic engineering. This has led to high demand from various end-use industries in the market. Fermentation chemicals are therefore used in a wide range of industries which include chemicals, leather, rubber, and textile, among others.

The alcohol industry is a major consumer of fermentation chemicals. Beer, Wine, and Spirits are the major products produced from fermentation chemicals. Among them, beer is the largest selling alcohol. Therefore, high demand from the alcohol industry is expected to boost market demand for fermentation chemicals in 2016. Other product segments of the fermentation chemical market, which include enzymes and organic acid, are also expected to boost demand for fermentation chemicals shortly.

Industrial applications accounted for a major share of the global fermentation chemicals market in 2016. Fermentation chemicals are used on a large scale in industries such as chemicals, rubber, and plastic, among others. Therefore, high demands from these industries are driving the growth of the global fermentation chemicals market in the Asia Pacific and North America compared to other regions worldwide. The major factors contributing to the high demand for fermentation chemicals include growing demand from the cosmetic & pharmaceutical industry. In addition, other applications such as plastic & fibers are also projected to fuel the market growth of fermentation chemicals shortly.

The fermentation chemicals market was valued at US$ 47.4 Bn in 2016 and is expected to reach US$ 66.0 Bn by 2022, growing at a CAGR of 5.6% during the forecast period 2016-2021.

Purpose of the Report

The purpose of this strategic research study titled “Global Fermentation Chemicals Market – Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global fermentation chemicals market.

Target Audience

• Industry Investors
• Fermentation Chemicals Providers/Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Research Institutes

Overall, the research study provides a holistic view of the global fermentation chemicals market, growth, offering market size, and estimates for the period from 2015 to 2022, keeping in mind the above factors.

Based on its product type, the fermentation chemicals market is categorized into the following segments:

• Alcohol
• Enzymes
• Organic Acid
• Others

Various types of products are formed due to fermentation. Products such as enzymes, alcohols, vitamins, and xanthan, among others, are formed due to fermentation. Among these, alcohols accounted for the largest product segment formed due to fermentation. It accounted for over 50% of the global fermentation chemicals market in 2016. Alcohol is used on a large scale across various industries. It is used in the food & beverage industry, paint industry, pharmaceutical industry, and chemical industry, among others. The high demand for alcohol from these industries is the major factor driving the growth of the global fermentation chemicals market in 2016. Stringent regulations and the need for eco-friendly, bio-based fermentation chemicals are among the factors contributing to the high demand for alcohol in the market.

Changing lifestyle of people in the Asia Pacific has also boosted market growth of the fermentation chemicals market and is expected to rise shortly. Enzymes followed alcohol in terms of demand in 2016. It accounted for the largest product segment of the global fermentation chemicals market in 2016 and is expected to experience high demand shortly due to its applications in various industries. The organic acid is the third largest product segment of the global fermentation chemicals market. It is widely used in the food & beverage industry. Hence rising demand for organic acid is also anticipated to boost market demand for fermentation chemicals during the forecast period from 2016 to 2022.

Based on its application, the fermentation chemicals market is categorized into the following segments:

• Industrial Applications Market
• Food & Beverages Market
• Nutritional & Pharmaceutical Market
• Plastics &Fibres Market
• Others

Fermentation is a technology that has wide scope in various industries globally. Chemicals, pharmaceuticals, beverages, industrial, and plastics are some industries that use fermentation technology on a large scale. Among the above-mentioned industries, industrial applications accounted for a larger share of the global fermentation chemicals market. It accounts for a 47% share of the global fermentation chemicals market. High demand for fermentation chemicals from the chemical, plastic, rubber, leather, and textile industries has led to booming growth of the fermentation chemicals market in 2016 and is anticipated to increase shortly.

The fermentation chemicals market is expected to experience high growth shortly due to rapid industrialization in emerging economies such as Asia. Food & beverages accounted to be the second largest market for fermentation chemicals worldwide. It accounted for more than 9.0% of the global fermentation chemicals market in 2016. The rising demand for food additives and animal food is the major factor driving the growth of the fermentation chemicals market. Other applications, which include nutritional & pharmaceuticals, plastic, and fibers, etc., are also anticipated to boost market demand for fermentation chemicals during the forecast period from 2016 to 2022.

Based on geography, the global fermentation chemicals market is segmented into the following categories,

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe
• Asia-Pacific
  • India
  • China
  • Japan
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

North America accounted for the largest share of the global fermentation chemicals market in 2016. The flourishing pharmaceuticals industry and rising demand for industrial applications, which include animal feed, and food additives, are expected to drive the demand for the fermentation chemicals market in North America. The U.S. is the major contributor to the demand for fermentation chemicals among the countries in North America. The Asia Pacific followed North America in terms of growth of the fermentation chemicals market.

Changing lifestyle of people in the Asia Pacific is the major reason behind the growth of the global fermentation chemicals market in the region. In addition, increasing demand from the cosmetic industry is another factor contributing to the growth of the fermentation chemicals market in the Asia Pacific. Pharmaceutical proteins are produced using the fermentation process. These proteins include blood proteins, antibodies, vaccines, etc. Hence high demand is experienced in the cosmetic and pharmaceutical industry. Other regions such as Europe and the Rest of the World are also expected to boost the market growth of Fermentation chemicals during the forecast period from 2016 to 2022.

CHAP 1. METHODOLOGY AND SCOPE19
1.1. MARKET ESTIMATION METHODOLOGY19
1.2. RESEARCH SCOPE & ASSUMPTIONS20
1.3. LIST OF KEY DATA SOURCES 21

CHAP 2. EXECUTIVE SUMMARY 22
2.1. GLOBAL FERMENTATION CHEMICALS MARKET – INDUSTRY SUMMARY22
2.2. GLOBAL FERMENTATION CHEMICALS MARKET INDUSTRY OUTLOOK 25
2.3. GLOBAL FERMENTATION CHEMICALS MARKET : KEY BUYING CRITERIA 27

CHAP 3. MARKET SEGMENT ANALYSIS 31
3.1. MARKET SIZE AND GROWTH PROSPECTS: 2012 – 2022 31

CHAP 4. MARKET DETERMINANTS 39
4.1. MARKET DRIVERS 39
4.1.1. STRONG MARKET DEMAND FROM ALCOHOL INDUSTRY 39
4.1.2. INCREASING DEMAND FROM COSMETICS AND PHARMACEUTICAL INDUSTRY 40
4.1.3. INCREASE IN RESEARCH APPLICATIONS 43
4.2. MARKET RESTRAINT ANALYSIS43
4.2.1. LIMITED AVAILABILITY OF RAW MATERIAL 43
4.3. KEY OPPORTUNITIES 44
4.3.1. INCREASE IN INDUSTRIAL APPLICATION44
4.4. CHALLENGES45
4.4.1. HIGH MANUFACTURING COST45
4.4.2. SEASONAL NATURE OF RAW MATERIALS 45

CHAP 5. CHEMICAL FERMENTATION MARKET – PORTER’S MODEL47
5.1. BARGAINING POWER OF SUPPLIERS 48
5.2. THREAT OF NEW ENTRANTS49
5.3. BARGAINING POWER OF BUYERS 49
5.4. THREAT OF SUBSTITUTES 50
5.5. COMPETITIVE RIVALRY BETWEEN EXISTING PLAYERS 51

CHAP 6. GLOBAL FERMENTATION CHEMICALS MARKET– PESTEL ANALYSIS52

CHAP 7. GLOBAL FERMENTATION CHEMICALS MARKET BY APPLICATION 2015-2022 ($ BILLION) 57
7.1. GLOBAL FERMENTATION CHEMICALS FOR INDUSTRIAL APPLICATIONS MARKET 2015-2022 ($ BILLION) 58
7.2. GLOBAL FERMENTATION CHEMICALS FOR FOOD AND BEVERAGES MARKET 2015-2022 ($ BILLION) 59
7.3. GLOBAL FERMENTATION CHEMICALS FOR NUTRITIONAL AND PHARMACEUTICALS MARKET 2015-2022 ($ BILLION) 62
7.4. GLOBAL FERMENTATION CHEMICALS FOR PLASTICS AND FIBRES MARKET 2015-2022 ($ BILLION) 64
7.5. GLOBAL FERMENTATION CHEMICALS FOR OTHERS MARKET 2015-2022 ($ BILLION)65

CHAP 8. GLOBAL FERMENTATION CHEMICALS MARKET BY PRODUCTS 2015-2022 ($ BILLION) 67
8.1. GLOBAL FERMENTATION CHEMICALS FOR ALCOHOLS (ETHANOL AND OTHER ALCOHOLS) MARKET BY TYPE 2015-2022 ($ BILLION) 68
8.2. GLOBAL FERMENTATION CHEMICALS FOR ENZYMES MARKET 2015-2022 ($ BILLION) 69
8.3. GLOBAL FERMENTATION CHEMICALS FOR ORGANIC ACIDS MARKET 2015-2022 ($ BILLION) 72
8.4. GLOBAL FERMENTATION CHEMICALS FOR OTHERS MARKET 2015-2022 ($ BILLION)77

CHAP 9. GEOGRAPHY ANALYSIS80
9.1. GLOBAL FERMENTATION CHEMICALS MARKET VOLUME SHARE BY REGION 2012-2022 ($ BILLION) 80
9.2. NORTH AMERICA 81
9.2.1. NORTH AMERICA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 81
9.2.2. NORTH AMERICA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ BILLION) 81
9.2.3. NORTH AMERICA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 83
9.2.3.1. U.S.85
9.2.3.1.1. U.S. FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 85
9.2.3.1.2. U.S. FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 86
9.2.3.2. CANADA89
9.2.3.2.1. CANADA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 89
9.2.3.2.2. CANADA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 90
9.2.3.3. MEXICO 91
9.2.3.3.1. MEXICO FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022($ BILLION) 91
9.2.3.3.2. MEXICO FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 91
9.3. EUROPE 94
9.3.1. EUROPE FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 94
9.3.2. EUROPE FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION)95
9.3.2.1. GERMANY97
9.3.2.1.1. GERMANY FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION)97
9.3.2.1.2. GERMANY FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 98
9.3.2.2. U.K. 100
9.3.2.2.1.UK FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 100
9.3.2.2.2.UK FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 100
9.3.2.3.RUSSIA 101
9.3.2.3.1. RUSSIA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 101
9.3.2.3.2.RUSSIA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 102
9.4. ASIA 103
9.4.1. ASIA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 103
9.4.2. ASIA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY REGION 2012-2022 ($ BILLION) 103
9.4.3. ASIA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 104
9.4.3.1. INDIA 104
9.4.3.1.1. INDIA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 104
9.4.3.1.2. INDIA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 106
9.4.3.2. CHINA 108
9.4.3.2.1. CHINA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 108
9.4.3.2.2. CHINA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 110
9.4.3.3. SOUTH KOREA 111
9.4.3.3.1. SOUTH KOREA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 111
9.4.3.3.2. SOUTH KOREA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($BILLION) 111
9.5. ROW 112
9.6. MIDDLE EAST & AFRICA 113
9.6.1. MIDDLE EAST & AFRICA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 113
9.6.2. MIDDLE EAST & AFRICA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($BILLION) 114
9.7. CENTRAL & SOUTH AMERICA 115
9.7.1. CENTRAL & SOUTH AMERICA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 115
9.7.2. CENTRAL & SOUTH AMERICA FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($BILLION) 115
9.7.2.1. BRAZIL 116
9.7.2.1.1. BRAZIL FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST 2012-2022 ($ BILLION) 116
9.7.2.1.2. BRAZIL FERMENTATION CHEMICALS MARKET ESTIMATES AND FORECAST BY APPLICATION 2012-2022 ($ BILLION) 117

CHAP 10.COMPETITIVE LANDSCAPE 119
10.1. AJINOMOTO COMPANY CORPORATION 119
10.1.1. OVERVIEW 119
10.1.2. FINANCIAL PERFORMANCE 120
10.1.3. AJINOMOTO COMPANY CORPORATION PRODUCTS PORTFOLIO 121
10.1.4. SCOT ANALYSIS 121
10.1.5. STRATEGIC INITIATIVES 122
10.2. AB ENZYMES GMBH 123
10.2.1. OVERVIEW 123
10.2.2. FINANCIAL PERFORMANCES 123
10.2.3. SCOT ANALYSIS 125
10.3. BASF SE 126
10.3.1. OVERVIEW 126
10.3.2. FINANCIAL PERFORMANCE 126
10.3.3. BASF SE PRODUCT PORTFOLIO 127
10.3.4. SCOT ANALYSIS 127
10.3.5. STRATEGIC INITIATIVE 128
10.4. AMANO ENZYME INC. 129
10.4.1. OVERVIEW 129
10.4.2. FINANCIAL PERFORMANCES 129
10.4.3. AMANO ENZYME INC. PRODUCT PORTFOLIO 130
10.4.4. SCOT ANALYSIS OF AMANO ENZYMES INC. 131
10.5. DOW CHEMICAL COMPANY 132
10.5.1. OVERVIEW 132
10.5.2. FINANCIAL PERFORMANCES 132
10.5.3. DOW CHEMICAL COMPANY PRODUCT PORTFOLIO 133
10.5.4. SCOT ANALYSIS 134
10.5.5. STRATEGIC INITIATIVES 134
10.6. ARCHER DANIELS MIDLAND COMPANY 135
10.6.1. OVERVIEW 135
10.6.2. FINANCIAL PERFORMANCE 135
10.6.3. ARCHER DANIELS MIDLAND COMPANY PRODUCT PORTFOLIO 136
10.6.4. SCOT ANALYSIS 137
10.6.5. STRATEGIC INITIATIVES 137
10.7. NOVOZYMES A/S 138
10.7.1. OVERVIEW 138
10.7.2. FINANCIAL PERFORMANCE 138
10.7.3. NOVOZYMES A/S PRODUCT PORTFOLIO 139
10.7.4. SCOT ANALYSIS 139
10.8. CARGILL INC. 140
10.8.1. OVERVIEW 140
10.8.2. FINANCIAL PERFORMANCE 140
10.8.3. CARGILL INC. PRODUCT PORTFOLIO 141
10.8.4. SCOT ANALYSIS 141
10.8.5. STRATEGIC INITIATIVES 141
10.9. EVONIK INDUSTRIES AG 142
10.9.1. COMPANY OVERVIEW 142
10.9.2. FINANCIAL PERFORMANCE 143
10.9.3. PRODUCT BENCHMARKING 144
10.9.4. SCOT ANALYSIS 144
10.9.5. STRATEGIC INITIATIVES 145
10.10. DU PONT DANISCO A/S 146
10.10.1. OVERVIEW 146
10.10.2. FINANCIAL PERFORMANCE 147
10.10.3. PRODUCT BENCHMARKING 148
10.10.4. SCOT ANALYSIS 149
10.10.5. STRATEGIC INITIATIVES 149
10.11. DSM 150
10.11.1. COMPANY OVERVIEW 150
10.11.2. FINANCIAL PERFORMANCE 151
10.11.3. PRODUCT BENCHMARKING 152
10.11.4. SCOT ANALYSIS 153
10.11.5. STRATEGIC INITIATIVES 153
10.12. CHR. HANSEN A/S 154
10.12.1. COMPANY OVERVIEW 154
10.12.2. FINANCIAL PERFORMANCE 155
10.12.3. PRODUCT BENCHMARKING 156
10.12.4. STRATEGIC INITIATIVE 156
10.13. FUSO CHEMICAL 157
10.13.1. OVERVIEW 157
10.13.2. FINANCIAL PERFORMANCE 158
10.13.3. SCOT ANALYSIS 162
10.14. HOFFMANN-LA ROCHE 163
10.14.1. COMPANY OVERVIEW 163
10.14.2. FINANCIAL PERFORMANCE 164
10.14.3. PRODUCT BENCHMARKING 165
10.14.4. SCOT ANALYSIS 165
10.14.5. STRATEGIC INITIATIVE 166
10.15. AMINO 167
10.15.1. COMPANY OVERVIEW 167
10.15.2. SCOT ANALYSIS 168
10.16. JOHNSON MATTHEY 169
10.16.1. COMPANY OVERVIEW 169
10.16.2. FINANCIAL PERFORMANCE 170
10.16.3. PRODUCT BENCHMARKING 171
10.16.4. SCOT ANALYSIS 171
10.16.5. STRATEGIC INITIATIVE 172
10.17. LONZA GROUP 173
10.17.1. OVERVIEW 173
10.17.2. FINANCIAL PERFORMANCE 174
10.17.3. PRODUCT BENCHMARKING 175
10.17.4. SCOT ANALYSIS 176
10.17.5. STRATEGIC INITIATIVES 176
10.18. NOVAMONT 177
10.18.1. COMPANY OVERVIEW 177
10.18.2. PRODUCT BENCHMARKING 178
10.18.3. SCOT ANALYSIS 178
10.18.4. STRATEGIC INITIATIVE 179

List Of Figures

FIGURE 1 GLOBAL CHEMICAL FERMENTATION CHEMICAL MARKET 2012-2022 ($ BILLION) 23
FIGURE 2 GLOBAL PLASTIC SHEETS AND FILMS MARKET 2015-2020 (MILLION TONS) 26
FIGURE 3 MINIMUM LEGAL DRINKING AGE (MLDA) ACROSS THE GLOBE 29
FIGURE 4 CURRENT REVENUE (2015) VERSUS GROWTH (2015 TO 2022) OF APPLICATION MARKETS OF FERMENTATION CHEMICALS MARKET 31
FIGURE 5 KEY STRATEGIES OF MAJOR PLAYERS, 2011 TO MARCH 2016 33
FIGURE 6 STRATEGIES FOLLOWED BY THE SUPPLIERS IN THE CHEMICAL FERMENTATION INDUSTRIES 36
FIGURE 7 END USER APPLICATION INDUSTRY 2015, ($ BILLION).38
FIGURE 8 GLOBAL ALCOHOL MARKET 2014 40
FIGURE 9 PRODUCTS PRODUCED BY FERMENTATION REACTION 42
FIGURE 10 CHEMICAL FERMENTATION MARKET: PORTER’S FIVE FORCE MODEL 48
FIGURE 11 FACTORS AFFECTING THE BUYING CRITERIA OF CUSTOMERS 50
FIGURE 12 AGE-GROUPS INVESTING IN NUTRITIONAL AND ENERGY DRINKS 54
FIGURE 13 TECHNOLOGICAL EFFECTS ON THE FERMENTATION CHEMICAL INDUSTRY 55
FIGURE 14 USE OF FERMENTATION PRODUCTS IN FOOD INDUSTRY 61
FIGURE 15 INCREASE IN REVENUE GENERATION IN NORTH AMERICA (IN BILLION) 82
FIGURE 16 NORTH AMERICA FERMENTATION MARKET BY APPLICATION IN 2015 84
FIGURE 17 U.S. REVENUE GENERATION IN FERMENTATION CHEMICALS MARKET (IN BILLIONS) 86
FIGURE 18 SHARE OF BEVERAGES IN MEXICO REGION 92
FIGURE 19 CONSUMPTION PREFERENCE OF ALCOHOL IN EUROPE95
FIGURE 20 LARGEST FOOD & BEVERAGES INDUSTRY SEGMENTS BY PRODUCTION VALUE 99
FIGURE 21 INDIAN LIQUOR INDUSTRY SEGMENTS SHARE 107
FIGURE 22 PERFORMANCE OF CHINA PHARMACEUTICAL INDUSTRY DURING THE PAST YEARS 109
FIGURE 23 THE REVENUE GENERATED IN 2014 IS AROUND 9.6 BILLION US $ 120
FIGURE 24 SALES, 2012 TO 2015 ($ MILLION) 147
FIGURE 25 SALES, 2012-2015 ($ MILLION) 151
FIGURE 26 SALES, 2012-2014, ($MILLION) 155
FIGURE 27 SALES, 2014-2015 ($ MILLION) 158
FIGURE 28 SALES, 2012-2015 ($ MILLION) 164
FIGURE 29 SALES, 2012-2015 ($ MILLION) 170
FIGURE 30 SALES, 2012-2015 ($ MILLION) 174

List Of Tables

TABLE 1 COMMON TYPE OF INDUSTRIAL PRODUCTS OF FERMENTATION 22
TABLE 2 GLOBAL CHEMICAL FERMENTATION MARKET BY GEOGRAPHY 2012-2022 ($ BILLION) 24
TABLE 3 END USER APPLICATION00202012-2022 ($ BILLION) 25
TABLE 4 LIST OF M&A34
TABLE 5 LIST OF JVS 35
TABLE 6 GLOBAL PHARMACEUTICAL MARKET (2013-17)REVENUE IN $ BILLION 41
TABLE 7 SEASONAL AVAILABILITY OF SUGAR CANE IN VARIOUS REGIONS 46
TABLE 8 HEALTH EXPENDITURE PER CAPITA INCREASED FROM 2010 TO 2014 ($).53
TABLE 9 GLOBAL CHEMICAL FERMENTATION MARKET BY APPLICATIONS 2012-2022 ($ BILLION) 57
TABLE 10GLOBAL CHEMICAL FERMENTATION MARKET FOR INDUSTRIAL APPLICATION 2012-2022 ($ BILLION) 59
TABLE 11FOOD PRODUCTS WHICH USE FERMENTATION IN THEIR PRODUCTION 60
TABLE 12GLOBAL CHEMICAL FERMENTATION MARKET FOR FOOD AND BEVERAGES 2012-2022 ($ BILLION) 62
TABLE 13GLOBAL CHEMICAL FERMENTATION MARKET FOR NUTRITIONAL AND PHARMACEUTICAL SEGMENTS 2012-2022 ($ BILLION) 63
TABLE 14GLOBAL CHEMICAL FERMENTATION MARKET FOR PLASTICS AND FIBRES 2012-2022 ($ BILLION) 64
TABLE 15GLOBAL CHEMICAL FERMENTATION MARKET FOR OTHER APPLICATIONS 2012-2022 ($ BILLION) 66
TABLE 16GLOBAL CHEMICAL FERMENTATION MARKET BY PRODUCTS 2012-2022 ($ BILLION) 67
TABLE 17GLOBAL CHEMICAL FERMENTATION MARKET FOR ALCOHOLS 2012-2022 ($ BILLION) 69
TABLE 18ENZYMES PRODUCED THROUGH BACTERIA 71
TABLE 19GLOBAL CHEMICAL FERMENTATION MARKET FOR ENZYMES 2012-2022 ($ BILLION) 72
TABLE 20USES OF CITRIC ACID ACROSS APPLICATION SEGMENT 73
TABLE 21APPLICATION AREAS OF CITRIC ACID 74
TABLE 22INDUSTRIAL APPLICATIONS OF GLUCONIC ACID 75
TABLE 23GLOBAL CHEMICAL FERMENTATION MARKET FOR ORGANIC ACIDS 2012-2022 ($ BILLION) 77
TABLE 24GLOBAL CHEMICAL FERMENTATION MARKET FOR OTHER PRODUCTS 2012-2022 ($ BILLION) 79
TABLE 25GLOBAL CHEMICAL FERMENTATION MARKET BY GEOGRAPHY 2012-2022 ($ BILLION) 80
TABLE 26NORTH AMERICA CHEMICAL FERMENTATION MARKET BY REGION 2012-2022 ($ BILLION) 83
TABLE 27NORTH AMERICA CHEMICAL FERMENTATION MARKET BY APPLICATIONS 2012-2022 ($ BILLION) 85
TABLE 28THE U.S. CHEMICAL FERMENTATION MARKET BY APPLICATIONS 2012-2022 ($ BILLION) 89
TABLE 29CANADA CHEMICAL FERMENTATION MARKET BY APPLICATIONS 2012-2022 ($ BILLION) 90
TABLE 30MEXICO CHEMICAL FERMENTATION MARKET BY APPLICATIONS 2012-2022 ($ BILLION) 93
TABLE 31EUROPE CHEMICAL FERMENTATION MARKET BY REGION 2012-2022 ($ BILLION) 94
TABLE 32EUROPE CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 96
TABLE 33GERMANY CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 99
TABLE 34UK CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 101
TABLE 35RUSSIA CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 102
TABLE 36ASIA CHEMICAL FERMENTATION MARKET BY REGION 2012-2022 ($ BILLION) 103
TABLE 37ASIA CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 104
TABLE 38DRINKING PRACTICE IN INDIA 105
TABLE 39INDIA CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 108
TABLE 40CHINA CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 110
TABLE 41SOUTH KOREA CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 112
TABLE 42ROW CHEMICAL FERMENTATION MARKET BY REGION 2012-2022 ($ BILLION) 112
TABLE 43ROW CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 113
TABLE 44MENA CHEMICAL FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 114
TABLE 45CENTRAL & SOUTH AMERICA FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 115
TABLE 46BRAZIL CENTRAL & SOUTH AMERICA FERMENTATION MARKET BY APPLICATION 2012-2022 ($ BILLION) 117