Fermented Ingredients Market By Type (Amino Acids, Organic Acids, Polymers, Vitamins, Industrial Enzymes, and Antibiotics), By Form (Dry Form, Liquid Form), By Application (Food and Beverages, Animal Feed, Pharmaceutical, Industrial Use, and Other), Global Analysis to 2023

Fermented Ingredients Market Size And Forecast

According to the new report titled " Fermented Ingredients Market By Type (Amino Acids, Organic Acids, Polymers, Vitamins, Industrial Enzymes, and Antibiotics), By Form (Dry Form, Liquid Form), By Application (Food and Beverages, Animal Feed, Pharmaceutical, Industrial Use, and Other), Global Analysis to 2023",

The valuation of the  Fermented Ingredients market was $27.6 Billion in 2023 and is projected to reach $61.6 Billion by 2032, at a CAGR of 8.90% from 2021 to 2032.

The Fermented Ingredients Market was valued at $27.6 Billion by 2023 and expected to grow at CAGR of 8.90% over forecast period. Fermentation is a process in which microorganisms, such as bacteria, yeast, or fungi, convert carbohydrates (sugars and starches) into alcohol, acids, or gases. This process is used to produce a wide variety of fermented ingredients, many of which are common in cuisines around the world. Consumers are becoming more health-conscious and are seeking foods that offer probiotic benefits for gut health. Fermented foods like yogurt, kefir, kimchi, and kombucha contain beneficial bacteria that can support digestive health, leading to increased demand for these products.

As people become more adventurous with their culinary preferences, there's a growing interest in exploring foods from different cultures. Fermented ingredients are essential components of many traditional cuisines worldwide, such as Korean kimchi, Japanese miso, and Indian pickles, leading to increased demand for these products. Fermented ingredients such as tempeh, tofu, and plant-based yogurt are popular choices for those following vegan or plant-based diets. These products offer plant-based sources of protein and are often perceived as healthier alternatives to their animal-derived counterparts, driving demand among this consumer segment. With increasing concerns about synthetic additives and preservatives, consumers are seeking foods with simpler and more natural ingredients. Fermentation is a natural preservation method that enhances flavor and texture without the need for artificial additives, aligning with the preferences of consumers looking for clean label products.

Amino Acids held the largest share in the Fermented Ingredients market

By Type (Amino Acids, Organic Acids, Polymers, Vitamins, Industrial Enzymes, and Antibiotics) where Amino Acids plays a crucial role in the Fermented Ingredients market. The demand for amino acids in fermented ingredients is influenced by various factors, including their role in nutrition, flavor enhancement, and functional properties. Amino acids are the building blocks of protein, and fermented ingredients can be rich sources of both essential and non-essential amino acids. Foods like tempeh, miso, and soy sauce derived from fermented soybeans are particularly high in protein and provide essential amino acids necessary for human health.

This appeals to consumers seeking plant-based protein sources and those interested in incorporating protein-rich foods into their diets. Amino acids play a crucial role in flavor development during fermentation. The breakdown of proteins into amino acids by enzymes produced during fermentation contributes to the creation of savory, umami-rich flavors in fermented foods. Ingredients such as soy sauce, fish sauce, and fermented bean pastes owe much of their complex and rich taste to the presence of amino acids like glutamate and alanine, enhancing the overall sensory experience of dishes. Fermented ingredients can serve as sources of concentrated amino acids, making them attractive options for the production of nutritional supplements and functional foods. Amino acids are essential for various physiological functions in the body, including muscle repair, immune function, and neurotransmitter synthesis. As a result, there is a demand for fermented ingredients and amino acid supplements targeting specific health benefits or dietary needs.

North America headed the Fermented Ingredients market in 2023

Consumers in North America are increasingly prioritizing health and wellness, leading to a growing interest in foods perceived to offer functional benefits. Fermented ingredients, such as yogurt, kefir, kombucha, and kimchi, are valued for their probiotic content, which supports digestive health and overall well-being. As awareness of the gut-brain connection grows, so does the demand for fermented foods rich in beneficial bacteria. The popularity of plant-based and vegan diets has surged in North America, driven by concerns over animal welfare, environmental sustainability, and health. Fermented ingredients like tempeh, miso, and plant-based yogurt offer plant-powered protein sources with enhanced flavor and nutritional profiles, appealing to consumers seeking meat and dairy alternatives. There's a growing preference for clean label products in North America, with consumers seeking foods made with simple, recognizable ingredients and minimal processing.

Fermentation is a natural preservation method that aligns with these preferences, as it enhances flavor and texture without the need for artificial additives or preservatives. As a result, fermented ingredients are increasingly valued for their natural and authentic qualities. The demand for functional foods and beverages, which offer specific health benefits beyond basic nutrition, is on the rise in North America. Fermented ingredients are positioned as functional foods due to their probiotic content, which is associated with digestive health, immune support, and other wellness benefits. Products like probiotic yogurt drinks, kombucha, and fermented vegetable snacks appeal to health-conscious consumers seeking convenient ways to support their well-being.

Key market players operating in the market that are profiled in the report are Ajinomoto Co. Inc, AngelYeast Co. Ltd., Archer-Daniels-Midland Company, Associated British Foods plc, BASF SE, Cargill Incorporated, Chr. Hansen Holding A/S, Döhler, DuPont de Nemours Inc., Evonik Industries AG (RAG-Stiftung), Koninklijke DSM N.V., Lallemand Inc. and Lonza Group AG etc.

Report Scope

Key Players

The “Global Fermented Ingredients Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Cargill, Chr. Hansen A/S, EI Du Pont De Nemours, BASF SE, Lonza, Dohler Group, Angelyeast Co. Ltd., Ajinomoto Corporation, Lallemand Inc., Koninklijke DSM NV. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support