The global Fermented Food and Ingredients Market will be worth USD 875.21 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the rising need for food preservation. The increasing awareness among the health conscious population and their changing dietary patterns is expected to drive the demand for fermented ingredients and food products over the forecast period. The report provides Fermented Food and Ingredients market forecast, supported by detailed insights historical data and revenues, past and current market trends, industry trends, consumer trends, market size, market share, market growth, along with ranging impacts of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2023–2028. The report includes profiles of major players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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Global Fermented Food and Ingredients market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Fermented Food and Ingredients Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market. Advancements in the food & beverage industry have resulted in the increasing utilization of fermented ingredients for the production of processed food & beverages. Increased demand for nutritious and healthy food & beverage products has resulted in the growth of the market.
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Fermented Food and Ingredients market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Fermented Food and Ingredients market revenue growth to a significant extent over the forecast period. Advancements in the biopharmaceutical industry are expected to fuel the development of the market over the forecast period.
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Fermented Food and Ingredients Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2023 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain. Increasing innovations and the launch of newly enhanced products by the emerging and key players in the market is augmenting the market growth at the global level.
Key Highlights From The Report
- In November 2019, a joint venture took place between Cargill and DSM. Through the joint venture, they started commercial-scale production of EverSweet™ stevia sweetener as there is an increasing demand for reduced calorie-food and beverages among the health-conscious population.
- The fermented beverages segment held the largest market share of 38.2% in 2019. Increasing consumption of fermented beverages like beer is expected to drive the demand for the fermented ingredients.
- Amino Acids are forecasted to grow with the fastest CAGR of 6.6% over the forecast period. Growing preference for high protein diets among the health-conscious population has increased the demand for amino acids in the production of fermented ingredients.
- Supermarkets accounted for the largest market share in 2019 as the supermarkets & hypermarkets are contributing over half of the total sales in the developing countries.
- The Asia Pacific region is expected to be the fastest-growing region over the forecast period. The enhanced agricultural growth in the emerging economies and the improvements in the food & beverage industry have resulted in the growth of the region’s market.
- Key participants includeI. Dupont De Nemours and Company, Cargill, Incorporated, Angel Yeast Co. Limited, BASF SE, Lonza, Archer Daniels Midland Company, Koninklijke DSM N.V., Danone, CHR. Hansen A/S and Evonik Industries, among others.
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Region wise performance of the Fermented Food and Ingredients industry
North America Fermented Food and Ingredients market forecast is expected to remain significantly positive in terms of revenue share between 2023 and 2028. In addition, North America Fermented Food and Ingredients market revenue share is expected to remain comparatively larger than that of other regional markets from 2023 to 2028.
Asia Pacific registered fastest revenue CAGR in 2023, and the Fermented Food and Ingredients market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
Europe Fermented Food and Ingredients market forecast is positive currently, with revenue growth expected to remain steady between 2023 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support Fermented Food and Ingredients market growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
Table of Content
Chapter 1. Methodology & Sources
1.1. Fermented Food and Ingredients Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Fermented Food and Ingredients Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2023-2028
Chapter 3. Key Insights
Chapter 4. Fermented Food and Ingredients Market Segmentation & Impact Analysis
4.1. Fermented Food and Ingredients Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Fermented Food and Ingredients Market indicators analysis
4.2.2. Fermented Food and Ingredients Market drivers analysis
22.214.171.124. Rapid urbanization and industrialization
126.96.36.199. Stringent government regulations regarding carbon emissions
188.8.131.52. Increasing prevalence of respiratory diseases
184.108.40.206. Rising need to enhance indoor air quality
4.2.3. Fermented Food and Ingredients Market restraints analysis
220.127.116.11. High cost associated with the maintenance of Fermented Food and Ingredients products
18.104.22.168. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Fermented Food and Ingredients Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Fermented Food and Ingredients industry for the forecast period 2023-2027?
- What are the major driving forces expected to impact the development of the Fermented Food and Ingredients market across different regions?
- Who are the major driving forces expected to decide the fate of the Fermented Food and Ingredients industry worldwide?
- Who are the prominent market players making a mark in the Fermented Food and Ingredients market with their winning strategies?
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