Global fermented ingredients market is expected to register growth at a formidable rate during the forecast period, 2023-2027. Fermented ingredients are acidic in nature and find wide application in food preservation. The market growth can be attributed to the increasing popularity of bio-ethanol, which is a product of fermentation and is used as a fuel source to power cars. Additionally, the rising awareness of health-benefits associated with fermented products such as amino acids, organic acids etc. coupled with the increasing demand of industrial enzymes, produced by aerobic fermentation are likely to propel the growth of the global fermented ingredients market during the forecast period. Moreover, rising prevalence of digestive problems and obesity as well as growing incidences of cardiovascular disorders and diabetes are propelling the growth of the global fermented ingredients market. Increasing alcohol consumption such as beer, which is prepared by fermenting various products such as rice and wheat are fuelling the market growth. Furthermore, rising environmental awareness and eco-friendly production systems and high biodegradable plastics made from fermenting sugar are some of the factors driving the market growth during the forecast period.
The global fermented ingredients market is segmented on the basis of type, form, application, and region. Based on the type, the market is divided into amino acids, organic acids, industrial enzymes, and others. The amino acid segment is expected to lead the market by 2027 as they are widely adopted as functional foods by the health-conscious consumers globally. Based on application, the market is divided into food & beverages, feed, pharmaceuticals, and others. The food and beverages segment is expected to grow at the highest CAGR in the forecast period due to the growing consumption of fermented ingredients for food preservation and increasing shelf life of food products. Geographically, Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to increasing adoption of fermented ingredients for food preservation, enzyme production etc in emerging economies like India and China.
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Some of the leading players in the global fermented ingredients market are E. I. du Pont de Nemours and Company, Ajinomoto Corporation Inc., Koninklijke DSM N.V., Chr. Hansen A/S, BASF SE, Angel Yeast Co. Ltd., Lallemand Inc., Lonza, Döhler Group, Cargill, etc.
| Attribute | Details |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends |
| Segments covered | · By Type · By Application · By Form |
| Region scope | Asia Pacific; Europe; North America; South America; Middle East & Africa |
| Country scope | China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Canada, Mexico, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar |
| Key companies profiled | E. I. du Pont de Nemours and Company, Ajinomoto Corporation Inc., Koninklijke DSM N.V., Chr. Hansen A/S, BASF SE, Angel Yeast Co. Ltd., Lallemand Inc., Lonza, Döhler Group, Cargill |
| Customization scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
