Fermented Foods and Ingredients Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Fermented Foods and Ingredients Market grew at a CAGR of 6.7% between 2017-2021 and is estimated to be US$ 67685.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 6.3% and is expected to reach a valuation of US$ 1,24,688.7 Mn by 2032 end.
The industry is primarily pushed by rising awareness among the population’s health-conscious segment. The fermented foods and ingredients market is anticipated to rise in response to the growing need for fresh food products with longer shelf life. Furthermore, a significant reason for the market’s expansion is the increasing requirement for food preservation. Consumers in developing economies now choose fermented beverages, bakery & confectionery items due to rising urbanization and purchasing power.
ChemView Consulting has analyzed that the market for fermented foods is driven by customer choice for healthy food and rising interest in natural and organic foods. Since ancient times, fermented foods have been consumed, although not at an increasing rate. However, in the present, as consumers turn to chemical-free meals, the demand for fermented foods is rising.
Beer, bread, yogurts, and cheese are foods and beverages that frequently use fermented components. Numerous culinary products contain fermented amino acids, and varied amino acids give the foods utilized in different flavors. The market for fermented parts in food and beverages is anticipated to grow as they are used more frequently in dairy and pastry goods. With the development of microbiology and biotechnology, the market for fermented components has expanded to include food and drinks as a major business.
To stay “ahead” of your competition, request a sample @ https://chemviewconsulting.com/request-sample/fermented-foods-and-ingredients-market/
Segments Covered in Report
By Type:
- Amino acids
- Organic acids
- Industrial enzymes
- Antibiotics
- Polymer
- Vitamins
- Biogas
By Form:
- Dry form
- Liquid form
By Process:
- Batch fermentation
- Continuous fermentation
- Aerobic fermentation
- Anaerobic fermentation
By Application:
- Food & beverage
- Feed
- Pharmaceuticals
- Personal Care
- Paper
- Biofuel
- Textile & leather
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Fermented Foods and Ingredients Market
- Based on the type, the category for amino acids is expected to increase over the projection period at the quickest CAGR of 6.6%. The use of fermented amino acids in the production of dairy and beverage products has expanded as a result of the food and beverage industry’s growing demand to improve the texture, quality, and flavor of food items.
- Based on the application, Beer, bread, yogurts, and cheese are foods and beverages that frequently use fermented components. Numerous culinary products contain fermented amino acids, and varied amino acids give the foods utilized in different flavors. The market for fermented parts in food and beverages is anticipated to grow as they are used more frequently in dairy and pastry goods. With the development of microbiology and biotechnology, the market for fermented components has expanded to include food and drinks as a major business.
- Based on the region, with a 33.1% market share for fermented foods and ingredients, Europe held the greatest market share. The demand for the market in the area is driven by the rising use of fermented foods and beverages like yogurt, cheese, and alcohol.
Competition Summary
Key companies covered in the market study are Dupont De Nemours and Company, Cargill, Incorporated, Angel Yeast Co. Limited, BASF SE, Lonza, Archer Daniels Midland Company, Koninklijke DSM N.V., Danone, Hansen A/S, Evonik Industries
For More Details, Visit Our Report Page@ https://chemviewconsulting.com/reports/fermented-foods-and-ingredients-market/
Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
What sets ChemView Consulting apart?
- Full-time research experts and subject matter experts
- In-house primary research team
- The in-house data visualization team
- Industry-wide network of research partners
- Database subscriptions
- The exclusively tailored research process
