Fermentation Chemicals Market: Mastering the Digital Landscape for Dominant Market Advantage
The global fermentation chemicals market size was USD 71.16 Billion in 2022 and is expected to register a revenue CAGR of 6.7% during the forecast period, according to the latest analysis by Emergen Research. The global shift toward a bio-based economy and rising environmental concerns are major factors driving the market revenue growth. End-use companies are rapidly shifting from petrochemical-based products to bio-based alternatives produced through fermentation. In addition, consumers in various countries are becoming conscious of the environmental and health impacts of petrochemical-based products. This awareness is creating a high demand for bio-based and eco-friendly alternatives produced through fermentation.
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