Global Fermentation Chemicals Market is expected to reach USD 65.81 billion by 2020, according to a new study by Grand View Research, Inc. Favorable regulatory scenario coupled with environmental characteristics associated with fermentation chemicals is expected to drive their demand over the forecast period. Rapid industrialization and growth of food & beverages industry particularly in emerging economies of Asia Pacific and Latin America is also expected to have a positive influence on the market growth. Increasing R&D expenditure in order to develop novel applications is expected to yield opportunities to market participants. Consistent raw material supply is expected to remain a key challenge for market participants.
http://www.grandviewresearch.com/industry-analysis/fermentation-chemicals-market
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