In the recent time, production of FA employing Rhizopus oryzae through submerged
fermentation from different waste materials has gained tremendous importance. Low-cost
carbon sources of agro-industrial origin have been explored as substrate for FA production
with a good productivity. Investigation on FA production from woodchips, daily manure, and
lignocellulosic biomass such as corn straw exhibited good product features [9]. With the
increasing awareness of low-cost carbon option for the synthesis of value-added product, more
of such substrates are being considered at large scale. In support of the “carbohydrate
economy” principles, production of FA, the high value platform chemical from agroindustrial
biomass is also very important in “biorefinery” prospects.