The report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Fermentation Defoamers Market is likely to witness an impressive CAGR of 4.6% during the forecast period. Growing pharmaceutical industry across the globe, rapid growth of food & beverage industries in Asia-Pacific, and growing demand for biofuels are some of the major factors fueling the market growth over the forecast period.
Based on the product type, the market is segmented as silicone-based, oil-based, and others. Silicone-based product is estimated to be the largest segment of the market during the forecast period. It is usually delivered as an oil or water-based emulsion. Further, oil-based silica is also estimated to account for a significant share of the market over the forecast period.
Fermentation Defoamers Market Share: By End-User Type
Based on the end-user type, the market is segmented as dairy products, alcoholic beverages, food products, pharmaceutical, chemical, and others. Growing food & beverages industry fuels the market growth during the forecast period owing to dairy products and alcoholic beverages majorly driving the industry growth because of increasing product demand in these industries.
Fermentation Defoamers Market Share: By Region
In terms of regions, Asia-Pacific is estimated to be the dominant region in the market owing to the fastest growth of food & beverage industry in the region with China and India being the major countries with lucrative growth opportunities during the forecast period. Further, North America is estimated to witness significant growth in the market on account of growing pharmaceutical demand, rising food & beverage industry, and growing popularity of biofuels in the regional market. Moreover, Europe is also estimated to account for a significant share of the market owing to increasing alcoholic beverage and pharmaceutical manufacturing activities in the region during the forecast period.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools
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