The global market for Fermented Food and Ingredients valued at USD 716.13 Billion in 2022 is projected to reach a revised size of USD 1084.12 Billion by 2030, growing at a CAGR of 5.32% over the period 2022-2030.
Fermented food and ingredients are products created through controlled microbial growth and enzymatic actions. The process involves the conversion of carbohydrates to alcohol or organic acids using microorganisms such as bacteria, yeast, or fungi. This not only preserves the food but also enhances its nutritional value, flavor, and digestibility. Common examples include yogurt, sauerkraut, kimchi, miso, and kombucha. Fermented ingredients, such as soy sauce and tempeh, are used in various culinary applications for their distinct tastes and health benefits, including improved gut health due to the presence of probiotics.
Fermented Food and Ingredients are products which go through desired microbial action that helps in enhancing their quality and nutritional value. The fermented food and ingredients market include a wide range of food type such as fermented confectionary, fermented beverages, fermented dairy, and bakery products. The increasing prevalence of obesity and digestive problems among the consumers in developing economies is expected to propel the demand for fermented food and ingredients.
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Top Key Players Covered In 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),Novozymes A/S (Denmark),Royal FrieslandCampina N.V (Netherlands),Tetra Pak International S.A (Switzerland), and other major players.
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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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)
Report includes Competitor’s Landscape:
- Major trends and growth projections by region and country
- Key winning strategies followed by the competitors
- Who are the key competitors in this industry?
- What shall be the potential of this industry over the forecast tenure?
- What are the factors propelling the demand for the Action Figures and Statues?
- What are the opportunities that shall aid in significant proliferation of the market growth?
- What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
- How has the covid-19 impacted the growth of the market?
- Has the supply chain disruption caused changes in the entire value chain?
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