Global Fermented Food and Ingredients Market

Report ID : 1365 | Published : 2022-09-23 | Pages: | Format: PDF/EXCEL

The market size of the Global Fermented Food and Ingredients market in the year 2021 is valued at 622.90 billion and is predicted to reach 1219.91 billion by the year 2030 at an 7.99% CAGR during the forecast period.

The combination of fermented foods, including dairy products, bread & confectionary items, vegetables, and others, is referred to as the fermented food and ingredients market (non-alcoholic beverages, ingredients such as vitamins, organic acids, amino acids, and industrial enzymes). By boosting the product's micronutrient content, removing the anti-nutrients, and extending its shelf life, the food fermentation process aids in protecting the food against spoiling. Due to the population's increasing concern over their health, the industry is anticipated to rise significantly. The market is primarily driven by rising health consciousness among the people. The growing desire for fresh food with a longer shelf life is predicted to stimulate demand for fermented foods and ingredients. Furthermore, the increased need for food preservation is a major driver driving market expansion. Rising urbanization and rising purchasing power in developing economies have moved consumer tastes toward fermented beverages, bakery, and confectionery items.

The rising demand for fermented components is mostly due to the rising popularity of fermented beverages. The market's expansion is anticipated to be constrained by health risks related to ingredients and food that have undergone fermentation. Additionally, the demand for fermented components and meals may be hampered by the high cost and erratic supply of raw materials. 

Market Segmentation:

The Fermented Food and Ingredients market is segmented on the ingredient type, food type, and distribution channel. Based on ingredient type, the market is segmented into amino acids, organic acids, vitamins, industrial enzymes and others. Based on food type, the Fermented Food and Ingredients are segmented into fermented dairy products, fermented beverages, fermented confectionary and bakery products, fermented vegetables and others. Based on the distribution channel, the Fermented foods and Ingredients are segmented into supermarkets/hypermarkets, online stores and others.

Based on ingredient type, the amino acid segment is accounted as a major contributor to the Fermented Food and Ingredients market

Based on ingredient type, the market is segmented into amino acids, organic acids, vitamins, industrial enzymes and others. The amino acids segment dominated the market. The use of fermented amino acids in manufacturing dairy and beverage products has expanded due to the food and beverage industries' growing desire to improve the texture, quality, and flavor of food items. Additionally, the expansion of R&D led to improvements in microbiology and biotechnology research, which led to improved fermented components. The demand for amino acids has increased due to the rising popularity of high-protein diets among health-conscious consumers.

The fermented beverage segment witnessed growth at a rapid rate

Based on food type, the Fermented Food and Ingredients are segmented into fermented dairy products, fermented beverages, fermented confectionary and bakery products, fermented vegetables and others. The fermented beverage segment dominated the market. The demand for fermented ingredients is anticipated to rise as fermented beverages, and beer popularity rises. Additionally, the market is expanding due to the population's shifting food habits among the health-conscious. The rising population in emerging countries leads to a sedentary lifestyle and has changed eating habits, fueled the demand for processed foods and beverages and increased the use of fermented components in producing processed beverages.

The Europe Fermented Food and Ingredients market holds a significant revenue share in the region.

The European Fermented Food and Ingredients market is expected to register the highest market share shortly. The rising popularity of fermented foods and drinks like yogurt, cheese, and wine is fueling the region's economic expansion. The demand for products and meals that have undergone fermentation is also fueled by rising awareness among the health-conscious populace. In addition, Asia Pacific is projected to grow rapidly in the global Fermented Food and Ingredients market. The demand for processed foods and drinks has increased along with the use of fermented ingredients in their manufacture due to changing eating patterns brought on by rising urbanization and consumer spending power. The region's market has expanded due to the improved food and beverage sector and enhanced agricultural growth in emerging economies.

Competitive Landscape

The key players in the Fermented Food and Ingredients market have shifted their focus toward product manufacturing and are initiating significant strategies such as mergers, acquisitions, and joint ventures of major and domestic players to enhance their product portfolio and strengthen their global market footprint. Some key players in the Fermented Food and Ingredients market are Danone, Cargill Inc., Royal DSM, E. I. du Pont de Nemours and Company, Flower Group, and Archer Daniels Midland Company

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Fermented Food and Ingredients Market Snapshot

Chapter 4. Global Fermented Food and Ingredients Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Ingredient Type Estimates & Trend Analysis

5.1. by Ingredient Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Ingredient Type:

5.2.1. Amino Acids

5.2.2. Organic Acid

5.2.3. Vitamins

5.2.4. Industrial Enzymes

5.2.5. Others

Chapter 6. Market Segmentation 2: by Food Type Estimates & Trend Analysis

6.1. by Food Type & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Food Type:

6.2.1. Fermented Dairy Products

6.2.2. Fermented Beverages

6.2.3. Fermented Confectionary and Bakery Products

6.2.4. Fermented Vegetables

6.2.5. Others

Chapter 7. Market Segmentation 3: by Distribution Channel Type Estimates & Trend Analysis

7.1. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Distribution Channel & Market Share, 2019 & 2030

7.1.1. Supermarkets/Hypermarkets

7.1.2. Online stores

7.1.3. Others

Chapter 8. Fermented Food and Ingredients Market Segmentation 4: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Fermented Food and Ingredients Market Revenue (US$ Million) Estimates and Forecasts by Ingredient Type, 2022-2030

8.1.2. North America Fermented Food and Ingredients Market Revenue (US$ Million) Estimates and Forecasts by Food Type, 2022-2030

8.1.3. North America Fermented Food and Ingredients Market revenue (US$ Million) by Distribution Channel, 2022-2030

8.1.4. North America Fermented Food and Ingredients Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

8.2. Europe

8.2.1. Europe Fermented Food and Ingredients Market revenue (US$ Million) by Ingredient Type, 2022-2030

8.2.2. Europe Fermented Food and Ingredients Market revenue (US$ Million) by Food Type, 2022-2030

8.2.3. Europe Fermented Food and Ingredients Market revenue (US$ Million) by Distribution Channel, 2022-2030

8.2.4. Europe Fermented Food and Ingredients Market revenue (US$ Million) by country, 2022-2030

8.3. Asia Pacific

8.3.1. Asia Pacific Fermented Food and Ingredients Market revenue (US$ Million) by Ingredient Type, 2022-2030

8.3.2. Asia Pacific Fermented Food and Ingredients Market revenue (US$ Million) by Food Type, 2022-2030

8.3.3. Asia Pacific Fermented Food and Ingredients Market revenue (US$ Million) by Distribution Channel, 2022-2030

8.3.4. Asia Pacific Fermented Food and Ingredients Market revenue (US$ Million) by country, 2022-2030

8.4. Latin America

8.4.1. Latin America Fermented Food and Ingredients Market revenue (US$ Million) by Ingredient Type, 2022-2030

8.4.2. Latin America Fermented Food and Ingredients Market revenue (US$ Million) by Food Type, 2022-2030

8.4.3. Latin America Fermented Food and Ingredients Market revenue (US$ Million) by Distribution Channel, 2022-2030

8.4.4. Latin America Fermented Food and Ingredients Market revenue (US$ Million) by country, 2022-2030

8.5. Middle East & Africa

8.5.1. Middle East & Africa Fermented Food and Ingredients Market revenue (US$ Million) by Ingredient Type, 2022-2030

8.5.2. Middle East & Africa Fermented Food and Ingredients Market revenue (US$ Million) by Food Type, 2022-2030

8.5.3. Middle East & Africa Fermented Food and Ingredients Market revenue (US$ Million) by Distribution Channel, 2022-2030

8.5.4. Middle East & Africa Fermented Food and Ingredients Market revenue (US$ Million) by country, 2022-2030

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles

9.2.1. Danone

9.2.2. Cargill Inc.

9.2.3. Royal DSM

9.2.4. E. I. du Pont de Nemours and Company

9.2.5. Flower Group

9.2.6. Archer Daniels Midland Company

9.2.7. Other Prominent Players

By Ingredient Type-

  • Amino Acids
  • Organic Acid
  • Vitamins
  • Industrial Enzymes
  • Others

By Food Type-

  • Fermented Dairy Products
  • Fermented Beverages
  • Fermented Confectionary and Bakery Products
  • Fermented Vegetables
  • Others

By Distribution Channel-

  • Supermarkets/Hypermarkets
  • Online stores
  • Others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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