Allied Market Research adds “Fermentation Ingredient Market” new report to its research database. The report provides a comprehensive analysis of current & future trends and emerging avenues for the growth of this market globally.
Portland, OR -- (SBWIRE) -- 07/25/2017 -- Fermentation is a biological process that converts sugar to acids, gases, and alcohol. Grains and fruits are fermented to produce alcohol products such as beer and wine. The healthiest products of fermentation ingredients include lactic acid and ethanol. Lactic acid is regarded as pre-stage material for polylactic acid (PLA). Polylactic acid is proposed an efficient polymer to substitute petroleum-based plastic products. Polymer (polysaccharides) is used widely in food thickening and oil drilling applications. Different enzymes are widely used in bio-refineries. Ascorbic acid and Riboflavin are the most important vitamins derived from fermentation process.
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Rise in demand for its fermentation-derived products among end-user industries drive the global fermentation ingredient market. This market has seen a sharp rise based on factors, such as growth of bio-ethanol and antibiotics industry in China. Rise in awareness among users for consumption of quality food, the polymer fermented ingredients market is expected to show rapid growth when compared to other types. North America majorly accounts for fermentation ingredient products. Threat from new entrants, surge in prices of raw materials and rapid developments of synthetic alcohol production is projected to restrain the growth. Moreover, budget allocation, accessibility of cheap raw material, and health risks due to fermentation pose threat to the growth of this market.
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