An Incisive, In-depth Analysis on the Fermented Ingredients Market
This study offers a comprehensive, 360 degree analysis on the Fermented Ingredients market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Fermented Ingredients market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Global Fermented Ingredients Market: Environmental Awareness Trends Support Growth
The global fermented ingredients market is valued at US$ 31,997.4 million and is projected to grow at a healthy CAGR of 7.2 % during the forecast period (2019-2029). Fermented ingredients are acidic materials, which widely find uses in food preservation activities, which is a key driver behind adoption in food processing industry to bolster product longevity.
Further, lifestyle based ailments such as obesity and digestive issues are also contributing to the growing adoption of fermented ingredients owing to higher levels of consumer awareness. Such trends are expected to influence the growth of the industry in the near future.
Developed Regions Dominate Fermented Ingredients Market
Major players in the worldwide fermented ingredients market include names such as Lonza, Vander Mill, India Cocoa, Citizen Cider, and Red Boat, among others. New entrants in the market are expected to face moderate barriers owing to the focus on product innovations in the market.
Players are seeking long terms business strategies involving mergers and acquisitions in a bid to bolster product portfolios, and strengthening market presence in new regions. Developed regions such as North America and Europe account for the largest market shares in the fermented ingredients industry and hold control over three quarters of the overall value.
This growth can be largely attributed to the higher consumption rates of products such as yogurt, alcohol, and cheese, particularly in European countries such as the U.K. and France. On the other hand, the Asia Pacific region is being seen as the fastest growing regional market for fermented ingredients with an impressive CAGR of 10.5 %.
The growth in the APAC region can be attributed to a large population, the influence of westernization, a higher capita income, and rising awareness about health benefits associated with the consumption of fermented products. In lieu of their large populations, India and China account for substantial contributions to market growth.
Pharmaceutical and Food Applications Drive Adoption of Amino Acids and Polymers
Fermented ingredients largely find use in the global pharmaceutical and food and beverage industries. The food and beverage industry accounts for than 32 % of the worldwide applications, while pharmaceuticals account for more than 25 %. The large global population and the inclination towards convenience foods and beverages including beer are major drivers in the market. In turn, fermented ingredients are largely used in bio-pharma applications, which accounts for at least a quarter of the overall pharma industry.
Amino Acids Emerge as Leading Segment Based on Product
Amino acids account for the largest product type segment in the fermented ingredients industry accounting for more than 25 % of the overall value, owing to applications in animal feeds, bakery and confectionaries, and dairy products. Further organic acids and polymers are displaying higher CAGRs of 7.8 and 8.2 %, which will continue to aid in growth throughout the forecast period, with applications such as food preservation, wine production, and in personal care products.
The high global alcohol consumption is a key factor of growth in the industry, with increased options coming from commodities such as wheat and rice, which will fuel the market for the foreseeable future.
FREQUENTLY ASKED QUESTIONS ABOUT Fermented Ingredients Market
What drives the Fermented Ingredients market?
Preservative nature of fermented ingredients and increasing consumer awareness about its medical benefits for bodily functions are key factors driving growth. These ingredients are adopted by increasing number of food processing units worldwide.
Who are the major players in the Fermented Ingredients Market?
Major players in the Fermented Ingredients Market that are leading innovative growth strategies are:
- Vander Mill
- India Cocoa
- Citizen Cider
- Red Boat
Manufacturers are focused on product innovation proposing moderate barriers for new entrants in the market.
Which regions will lead the global sales of fermented ingredients?
High consumption of food products containing fermented ingredients such as yogurt, alcohol beverages, and cheese makes Europe and North America the leaders in global sales of fermented ingredients. Asia Pacific is also expected to be among the leading regions by the end of forecast period.
Which product type offers most lucrative growth opportunities?
Amino acid has emerged as the most lucrative segment based on product. Amino Acids account for more than 25% of market value in the global fermented ingredients market.
Which segment based on industry application will record the highest growth?
Food and beverage industry exhibits the highest demand for fermented ingredients. Consumer preferences of products such as beer, cheese, and fermented dairy products make food & beverage industry account for more than 32% of worldwide application of fermented ingredients.
Fermented Ingredients Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the Fermented Ingredients market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
The global Fermented Ingredients market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Chapter 01 - Executive Summary
The executive summary of the fermented ingredients market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global Fermented Ingredients market.
Chapter 02 – Market Introduction
Readers can find the detailed segmentation and definition of the fermented ingredients market in this chapter, which will help them understand basic information about the fermented ingredients market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the fermented ingredients market report.
Chapter 03 – Market Background
The associated industry assessment of the fermented ingredients market is carried out in this section. The macroeconomic factors affecting growth of the fermented ingredients market are provided in this section and the impact of these macroeconomic indicators on the fermented ingredients market is analyzed. The processing overview and technological advancements in the fermented ingredients market is also provided.
Chapter 04 - Global Fermented Ingredients Market Value Chain
Profit margins at each level of the fermented ingredients market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
Chapter 05 – Market Dynamics
The drivers and restraints impacting the growth of the fermented ingredients market are explained in this chapter. Opportunities and ongoing trends in the Fermented Ingredients market are also comprehensively discussed.
Chapter 06 – Global Fermented Ingredients Market Analysis and Forecast 2014-2029
This chapter includes detailed analysis of the historical Fermented Ingredients market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 – 2020) and incremental opportunity for the forecast period (2019–2029). This chapter provides details about the Fermented Ingredients market on the basis of nature, sales channel, form, fortification and application. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the Fermented Ingredients market is anticipated to grow across North America, Latin America, Europe, japan, APEJ, and Middle East and Africa.
Chapter 07 – North America Fermented Ingredients Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the Fermented Ingredients market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on application and countries in the North America region.
Chapter 08 – Latin America Fermented Ingredients Market Analysis 2014-2018 & Forecast 2019-2029
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the fermented ingredients market in the Latin America region. This chapter also includes growth prospects of the Fermented Ingredients market in leading LATAM countries such as Brazil, Mexico, and Argentina.
Chapter 09 –Europe Fermented Ingredients Market Analysis 2014-2018 & Forecast 2019-2029
Important growth prospects of the fermented ingredients market based on its end user in several countries such Germany, UK, France, Spain, Italy and Nordic are included in this chapter.
Chapter 10 – Japan Fermented Ingredients Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the fermented ingredients market in the Japan region, Readers can also find regional trends, regulations, and market growth of Japan.
Chapter 11 – APEJ Fermented Ingredients Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the fermented ingredients market in the APAC region, along with a country-wise assessment that includes, China, India, Malaysia, Thailand, Singapore, and Australia. Readers can also find regional trends, regulations, and market growth of countries in the APEJ region.
Chapter 12 – Middle East and Africa Fermented Ingredients Market Analysis 2014-2018 & Forecast 2019-2029
This chapter offers insights into how the fermented ingredients market is expected to grow in major countries in the MEA region such as GCC Countries, South Africa, Nigeria, and Israel during the forecast period 2019-2029.
Chapter 13– Competition Assessment
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Fermented Ingredients market along with their market presence analysis by region and product portfolio.
Chapter 14 – Competition Deep-Dive
In this chapter, readers can find a comprehensive list of leading manufacturers in the fermented ingredients market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Ajinomoto Corporation Inc., Allied Bakeries, Angelyeast Co., Ltd., Associated British Food (ABF), Bakels, BASF SE, Cargill, Incorporated, CHR. Hansen A/S, CSK Food Enrichment, Dawn Food Products, Döhler Group, E.I. Dupont De Nemours and Company, Ingredion, Koninklijke DSM N.V., Kerry Group, Lallemand Inc., Lonza, Puratos Group, ROquette Group, Taura and others.
Chapter 15 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the fermented ingredients report.
Chapter 16 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the Fermented Ingredients market.
Sources and Primary Research Splits (%)
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity Of Assumptions
- Industry Publications
- Industrial Week
- Industrial Product Review
- Industrial Magazine
- Industry Associations
- Dieticians Association
- Food and Agriculture Organization
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites