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. 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. Advancements in the biopharmaceutical industry are expected to fuel the development of the market over the forecast period. 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.
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The research provides answers to the following key questions:
What is the estimated market size and growth rate of the Fermented Food and Ingredients market for the forecast period, 2020 – 2027?
What are prominent factors driving the progress of the Fermented Food and Ingredients industry across different regions?
Who are major vendors dominating the Fermented Food and Ingredients market and what have been their winning strategies to stay competitive?
Which market trends are expected to influence the development of the Fermented Food and Ingredients industry worldwide?
What are challenges that are expected to act as a roadblock for Fermented Food and Ingredients industry for the period, 2020 – 2027?
What are the opportunities working in favor of the Fermented Food and Ingredients industry?
This report on the global Fermented Food and Ingredients Market equips the reader with all essential tools to decipher their standing in the industry based on the growth of revenue or sales. It provides a comprehensive evaluation of the global Fermented Food and Ingredients market from various perspectives to deliver a detailed, informative, and precise analysis of regional growth, competition, and market segmentation, among other factors. Moreover, it also gives an accurate account of the significant breakthroughs and developments that influence the global Fermented Food and Ingredients market. It also focuses on both the global as well as the regional expansion of the Fermented Food and Ingredients industry to give an overall analysis.
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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.
Food Type Outlook (Revenue, USD Billion; 2017-2027)
Fermented Dairy Products
Fermented Confectionary & Bakery Products
Fermented Vegetable Products
Ingredient Type Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Fermented Food and Ingredients Market Segmentation & Impact Analysis
Chapter 5. Fermented Food and Ingredients Market By Product Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Fermented Food and Ingredients Market By Surgery Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Fermented Food and Ingredients Market By End User Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Fermented Food and Ingredients Market Regional Outlook
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