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Fermentation Defoamer Market Size
- Report ID: GMI3735
- Published Date: Sep 2024
- Report Format: PDF
Fermentation Defoamer Market Size
Fermentation Defoamer Market size achieved USD 1.96 billion in 2023 and will grow at 4.6% CAGR from 2024 to 2032. The global market will be propelled by the developments in the global food & beverage industry.
The product is extensively used to reduce the amount of foams generated during industrial fermentation processes. It is used in the production of dairy items such as cheese, sour cream, yoghurt, etc. It is extensively used in the production of alcoholic beverages such as beer, wine, whiskey, and other distilled spirits. Fermentation defoamers are also employed in the production of food products such as bread, coffee, soy sauce, tofu, etc. Rising demand for food & beverage items across the globe will be a major growth enabler for the market during the forecast period.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Fermentation Defoamer Market Size in 2023: | USD 1.96 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 4.6% |
| 2032 Value Projection: | USD 2.8 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 172 |
| Segments covered: | By Product, By End-user and By Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Additionally, factors responsible for such fast growth rates are increasing population, rising household income levels, urbanization and the penetration of multinational companies in the Asia Pacific food & beverage industry. China and India play a key role in terms of demand owing to an evolving lifestyle of its population and increasing number of working individuals. Some of the fastest growing food & beverage segments in Asia Pacific are fats & oils, dairy, pulses, grains, cereals, beverage, and poultry. Both India and China are one of the largest milk producing countries in the world. China is also the topmost beer producing country. These factors will play a major role in the development of the market during the forecast period.
Rising demand for biofuels will also augment the fermentation defoamer market. The product is used in the industrial fermentation process for the manufacturing of biofuels, mainly ethanol and biogas. The product can also be used in the generation of biodiesel, biohydrogen, and butanol. Use of biofuel reduces the emission of carbon dioxide and other pollutants. Biofuels are the substitute of fossil fuels owing to their eco-friendly nature. The increasing biofuel demand across the globe will drive the market during the forecast period. However, stringent regulations related to product usage in different end-user industries may hamper industry growth in coming years.
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Fermentation Defoamer Market Scope
