Global Fermented Food And Ingredients Market - Growth, Trends, Covid-19 Impact, And Forecast (2023 - 2030)

Market Overview:

The Fermented Food and Ingredients Market is expected to grow at a significant growth rate over the analysis period 2022-2028, considering base year as 2021.

Fermented foods are defined as "foods or beverages produced through controlled microbial growth, and the conversion of food components through enzymatic action". Many foods have historically undergone fermentation, including meat and fish, dairy, vegetables, soybeans, other legumes, cereals and fruits. Fermented food and ingredients undergo a beneficial microbial process that enhances their quality and nutritional value. This market encompasses various food types such as fermented confectionery, beverages, dairy products, and bakery items. The demand for fermented food and ingredients is expected to rise due to increasing prevalence of obesity and digestive issues, particularly in developing economies. Consumer perceptions of the fermentation process and the resulting health benefits are driving the global popularity of fermented food.

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Key Players For The Global Fermented Food And Ingredients Market

•Archer Daniels Midland Company (US)
•Ajinomoto Inc. (Japan)
•Angel YeastCo. Ltd. (China)
•Cargill Inc (US)
•CHR Hansen (Denmark)
•CSK Food Enrichment (Netherlands)
•Danone S.A (France)
•Dohler GmbH (Germany)
•General Mills In (US)
•Kerry Group (Ireland)
•KeVit (India)
•NestléS.A (Switzerland)

Market Dynamics:

Driver:

The rising popularity of fermented food and ingredients is largely attributed to consumers' increasing preference for healthy, chemical-free, and nutritious food and beverages, as well as their growing awareness of natural and organic food products. The market is experiencing rapid growth due to the various health benefits associated with fermented products, such as improved digestion, enhanced immunity, and better brain function. Moreover, consuming fermented food and ingredients in the right manner can aid in preventing several diseases.

Opportunities:

Manufacturers in the fermented food and ingredients industries are recognizing the changing preferences of consumers in both regional and global markets. They are responding to the demand for new and innovative products that cater to various health-related needs. By introducing these new products and expanding their presence in the market, these manufacturers are poised to drive market growth. The increasing adoption of fermented food worldwide presents a favorable environment for key players to offer their products in new geographical territories. Furthermore, the versatility of fermented food allows for its application in various industries.

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The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

By Food Type:

•Fermented Dairy Products
•Fermented Beverages

By Ingredient Type:

•Organic acids
•Amino acids
•Industrial enzymes

By Distribution Channel:

•Online stores
•Supermarkets

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Regional Analysis Of Fermented Food And Ingredients Market

The Asia Pacific region is expected to hold the largest share and dominate the fermented food and ingredients market in the projected period. The major key players utilize fermented ingredients in their food manufacturing process for preservation, sensorial and textural properties of food products. The availability of milk in an abundant amount from various parts of Asian Pacific region such as China and India have prominently increased the growth of bakery and dairy sector. The rising population, evolving lifestyle and trends, changing meal and diet patterns and enhanced agricultural growth in various parts of this region have led to a huge growth of the Fermented Food and Ingredients industry and is further expected to witness various opportunities in the region's market. Additionally, increasing purchase power and advancements in the food and beverages industry is also estimated to drive the market growth of the fermented food and ingredients market over the projected period.

By Region:

•North America (U.S., Canada, Mexico)
•Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
•Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
•Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
•South America (Brazil, Argentina, Rest of SA)

Key Industry Development In The Fermented Food And Ingredients Market:

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.

In March, 2019, Angel Yeast Co., Ltd a listed global yeast and yeast extract manufacturer, has reached another recognition milestone for its green push towards the goal of carbon-neutrality after China's Ministry of Industry and Information Technology recently named Angel Yeast as one of the national "Green Factories." The recognition is testimony to the Company's unrelenting effort to reduce the carbon footprint of its operations, demonstrating its tremendous and long-standing commitment to energy conservation and environmental protection.

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Table of Content:

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Food Type
 3.2 By Ingredient Type
 3.3 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Fermented Foods & Ingredients Market by Food Type
 5.1 Fermented Foods & Ingredients Market Overview Snapshot and Growth Engine
 5.2 Fermented Foods & Ingredients Market Overview
 5.3 Fermented Dairy Products
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Fermented Dairy Products: Grographic Segmentation
 5.4 Fermented Beverages
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Fermented Beverages: Grographic Segmentation

Chapter 6: Fermented Foods & Ingredients Market by Ingredient Type

Continued….

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