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 report provides detailed insights into Fermented Food and Ingredients market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Fermented Food and Ingredients market size over the forecast period, 2020–2028. 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 includes profiles of major Fermented Food and Ingredients 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. Also included are details regarding top Fermented Food and Ingredients market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.

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Increased demand for nutritious and healthy food & beverage products has resulted in the growth of the market.  Global Fermented Food and Ingredients market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Fermented Food and Ingredients market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Fermented Food and Ingredients market. Advancements in the food & beverage industry have resulted in the increasing utilization of fermented ingredients for the production of processed food & beverages. In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Fermented Food and Ingredients market share contribution of these countries. In addition, Fermented Food and Ingredients market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries. 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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Region wise performance of the Fermented Food and Ingredients industry

North America Fermented Food and Ingredients market revenue growth was relatively higher than that of other regional markets in 2020. North America Fermented Food and Ingredients market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.  

Asia Pacific Fermented Food and Ingredients market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Fermented Food and Ingredients market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Fermented Food and Ingredients market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.

Europe Fermented Food and Ingredients market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

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

In terms of Fermented Food and Ingredients market share and revenue contribution to the global Fermented Food and Ingredients market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Fermented Food and Ingredients market share.

The market intelligence report on the Fermented Food and Ingredients Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

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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 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 2020-2027?
  • 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?
  • Which Fermented Food and Ingredients industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Fermented Food and Ingredients market?

 

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