Fermented Foods and Ingredients Market
Fermented Foods and Ingredients Market Overview
The report is titled' ‘Fermented Foods and Ingredients Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the fermented foods and ingredients market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The fermented foods and ingredients market is expected to grow at a significant rate in the near future.
The fermented foods and ingredients market size was valued at US$ 2.2 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2020 to 2028.
Fermented Foods and Ingredients Market Definition
Fermentation can be defined as the process of converting carbohydrates to alcohol for Organic acids with the help of microbes, such as yeast and bacteria, under anaerobic conditions. Some common examples of fermented food are alcohol (beer and wine), yogurt, bread, vinegar, olives, and cheese. Zymology or zymurgy refers to the science of fermentation that deals with the study of the biochemical process of fermentation and its practical uses.
The process of fermentation refers to the chemical conversion of sugar into ethanol; which is generally used during the production of alcoholic drinks such as wine, beer, and cider. However, a similar process is also acknowledged in the leavening of bread where carbon dioxide is produced by the east activity, and in the preservation of sour foods via the production of lactic acids, such as in yogurt and sauerkraut.
Fermented Foods and Ingredients Market Dynamics
The Global fermented food and ingredients market has witnessed significant growth, accounting for the increasing awareness about food preservatives coupled with the shifting focus on consumers towards functional food and beverages. Furthermore, the growing consumer awareness about good health and wellness is also responsible for expanding the global market size during the forecast year.
Robust demand for alcoholic beverages including wine and beer is also likely to propel the fermented food and ingredients market shares in the next 5 years. According to the International Organization of Vine and Wine, the worldwide wine production, excluding juices and musts, was estimated to be around 262.2 MHL in 2020.
On the flip side, factors such as the restricted range of temperature and pH for operations and the possibilities of health risks associated with the fermentation process are likely to restrict the demand for fermented food and ingredients in the near future.
Besides, the growing demand for fermented food and beverages from the developing economy such as Asia Pacific regions and the Middle East and Africa are likely to offer profitable business growth for the worldwide fermented food and ingredients market during the upcoming years.
Fermented Foods and Ingredients Market Segmentation
The global fermented foods and ingredients market is segmented on the basis of type, food type, distribution channel, and regions. Based on type, the fermented foods and ingredients market is segmented into amino acids, organic acids, vitamins, industrial enzymes, and others. On the basis of product type, the market is categorized into fermented dairy products, fermented beverages, fermented confectionery and bakery products, fermented vegetables, and others. Furthermore, the distribution channel segment is divided into supermarkets/hypermarkets, online stores, and others.
By Type
Amino Acids
Organic Acid
Vitamins
Industrial Enzymes
Others
By Product Type
Fermented Dairy Products
Fermented Beverages
Fermented Confectionery and Bakery Products
Fermented Vegetables
Others
By Distribution Channel
Supermarkets/Hypermarkets
Online Stores
Others
By Region
North America
Latin America
Africa
Europe
Asia Pacific
Middle East
Fermented Foods and Ingredients Market Key Players
The global Fermented Foods and Ingredients market is dominated by Archer Daniels Midland Company, Ajinomoto Inc., Angel Yeast Co. Ltd., Cargill Inc., CHR Hansen, CSK Food Enrichment, Danone S.A., Dohler GmbH, Evonik Industries AG, General Mills Inc., Kerry Group, KeVita, Koninklijke DSM N.V., Lallemand Inc., Mars Inc., Meiji Holdings Co., Ltd., Mondelez International, Nestlé S.A., Novozymes A/S, Royal FrieslandCampina N.V., and Tetra Pak International S.A.
MMC Overview on Fermented Foods and Ingredients Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the fermented foods and ingredients market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Fermented Foods and Ingredients
Advantages of Fermented Foods and Ingredients
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at the regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of the top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.
1. Global Fermented Foods and Ingredients Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Fermented Foods and Ingredients Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Fermented Foods and Ingredients Market Snapshot
2.4. Global Fermented Foods and Ingredients Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Fermented Foods and Ingredients Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
3. Fermented Foods and Ingredients Assessment and Analysis
3.1. Impact Analysis
3.2. Actions to encourage use of Fermented Foods and Ingredients
3.3. Road Map Analysis
3.4. Potential Analysis
4. Covid-19 Impact on Biopharmaceutical Contract Manufacturing Market
4.1. Impact Analysis of Covid-19 on the global Fermented Foods and Ingredients market
4.2. Effect On Value Chain
4.3. Business Impact W.R.T Revenue
4.4. Fluctuation In Production
4.5. Effect On The Overall Trade
5. Global Fermented Foods and Ingredients Market, By Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Type
5.1.2. BPS Analysis, By Type
5.2. Market Revenue (US$Mn) Forecast, By Type
5.2.1. Amino Acids
5.2.2. Organic Acid
5.2.3. Vitamins
5.2.4. Industrial Enzymes
5.2.5. Others
5.3. Global Fermented Foods and Ingredients Market Attractiveness Index, By Type
6. Global Fermented Foods and Ingredients Market, By Food Type
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Food Type
6.1.2. BPS Analysis, By Food Type
6.2. Market Revenue (US$Mn) Forecast, By Food Type
6.2.1. Fermented Dairy Products
6.2.2. Fermented Beverages
6.2.3. Fermented Confectionery and Bakery Products
6.2.4. Fermented Vegetables
6.2.5. Others
6.3. Global Fermented Foods and Ingredients Market Attractiveness Index, By Food Type
7. Global Fermented Foods and Ingredients Market, By Distribution Channel
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Distribution Channel
7.1.2. BPS Analysis, By Distribution Channel
7.2. Market Revenue (US$Mn) Forecast, By Distribution Channel
7.2.1. Supermarkets/Hypermarkets
7.2.2. Online Stores
7.2.3. Others
7.3. Global Fermented Foods and Ingredients Market Attractiveness Index, By Distribution Channel
8. Global Fermented Foods and Ingredients Market, By Region
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Region
8.1.2. BPS Analysis, By Region
8.2. Market Revenue (US$Mn) Forecast, By Region
8.2.1. North America
8.2.2. Latin America
8.2.3. Europe
8.2.4. Asia Pacific
8.2.5. Middle East
8.2.6. Africa
8.3. Global Fermented Foods and Ingredients Market Attractiveness Index, By Region
9. North America Fermented Foods and Ingredients Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) Forecast, By Country
9.2.1. U.S. Fermented Foods and Ingredients Market
9.2.2. Canada Fermented Foods and Ingredients Market
9.3. North America Fermented Foods and Ingredients Market, By Type
9.3.1. Amino Acids
9.3.2. Organic Acid
9.3.3. Vitamins
9.3.4. Industrial Enzymes
9.3.5. Others
9.4. North America Fermented Foods and Ingredients Market, By Food Type
9.4.1. Fermented Dairy Products
9.4.2. Fermented Beverages
9.4.3. Fermented Confectionery and Bakery Products
9.4.4. Fermented Vegetables
9.4.5. Others
9.5. North America Fermented Foods and Ingredients Market, By Distribution Channel
9.5.1. Supermarkets/Hypermarkets
9.5.2. Online Stores
9.5.3. Others
9.6. North America Fermented Foods and Ingredients Market Attractiveness Index
9.6.1. By Country
9.6.2. By Type
9.6.3. By Food Type
9.6.4. By Distribution Channel
10. Latin America Fermented Foods and Ingredients Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) Forecast, By Country
10.2.1. Brazil Fermented Foods and Ingredients Market
10.2.2. Mexico Fermented Foods and Ingredients Market
10.2.3. Argentina Fermented Foods and Ingredients Market
10.2.4. Rest of Latin America Fermented Foods and Ingredients Market
10.3. Latin America Fermented Foods and Ingredients Market, By Type
10.3.1. Amino Acids
10.3.2. Organic Acid
10.3.3. Vitamins
10.3.4. Industrial Enzymes
10.3.5. Others
10.4. Latin America Fermented Foods and Ingredients Market, By Food Type
10.4.1. Fermented Dairy Products
10.4.2. Fermented Beverages
10.4.3. Fermented Confectionery and Bakery Products
10.4.4. Fermented Vegetables
10.4.5. Others
10.5. Latin America Fermented Foods and Ingredients Market, By Distribution Channel
10.5.1. Supermarkets/Hypermarkets
10.5.2. Online Stores
10.5.3. Others
10.6. Latin America Fermented Foods and Ingredients Market Attractiveness Index
10.6.1. By Country
10.6.2. By Type
10.6.3. By Food Type
10.6.4. By Distribution Channel
11. Europe Fermented Foods and Ingredients Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market Revenue (US$Mn) Forecast, By Country
11.2.1. U.K. Fermented Foods and Ingredients Market
11.2.2. Germany Fermented Foods and Ingredients Market
11.2.3. Italy Fermented Foods and Ingredients Market
11.2.4. France Fermented Foods and Ingredients Market
11.2.5. Spain Fermented Foods and Ingredients Market
11.2.6. Russia Fermented Foods and Ingredients Market
11.2.7. Poland Fermented Foods and Ingredients Market
11.2.8. BENELUX Fermented Foods and Ingredients Market
11.2.9. NORDIC Fermented Foods and Ingredients Market
11.2.10. Rest of Europe Fermented Foods and Ingredients Market
11.3. Europe Fermented Foods and Ingredients Market, By Type
11.3.1. Amino Acids
11.3.2. Organic Acid
11.3.3. Vitamins
11.3.4. Industrial Enzymes
11.3.5. Others
11.4. Europe Fermented Foods and Ingredients Market, By Food Type
11.4.1. Fermented Dairy Products
11.4.2. Fermented Beverages
11.4.3. Fermented Confectionery and Bakery Products
11.4.4. Fermented Vegetables
11.4.5. Others
11.5. Europe Fermented Foods and Ingredients Market, By Distribution Channel
11.5.1. Supermarkets/Hypermarkets
11.5.2. Online Stores
11.5.3. Others
11.6. Europe Fermented Foods and Ingredients Market Attractiveness Index
11.6.1. By Country
11.6.2. By Type
11.6.3. By Food Type
11.6.4. By Distribution Channel
12. Asia Pacific Fermented Foods and Ingredients Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market Revenue (US$Mn) Forecast, By Country
12.2.1. China Fermented Foods and Ingredients Market
12.2.2. India Fermented Foods and Ingredients Market
12.2.3. Japan Fermented Foods and Ingredients Market
12.2.4. Australia And New Zealand Fermented Foods and Ingredients Market
12.2.5. South Korea Fermented Foods and Ingredients Market
12.2.6. ASEAN Fermented Foods and Ingredients Market
12.2.7. Rest of Asia Pacific Fermented Foods and Ingredients Market
12.3. Asia Pacific Fermented Foods and Ingredients Market, By Type
12.3.1. Amino Acids
12.3.2. Organic Acid
12.3.3. Vitamins
12.3.4. Industrial Enzymes
12.3.5. Others
12.4. Asia Pacific Fermented Foods and Ingredients Market, By Food Type
12.4.1. Fermented Dairy Products
12.4.2. Fermented Beverages
12.4.3. Fermented Confectionery and Bakery Products
12.4.4. Fermented Vegetables
12.4.5. Others
12.5. Asia Pacific Fermented Foods and Ingredients Market, By Distribution Channel
12.5.1. Supermarkets/Hypermarkets
12.5.2. Online Stores
12.5.3. Others
12.6. Asia Pacific Fermented Foods and Ingredients Market Attractiveness Index
12.6.1. By Country
12.6.2. By Type
12.6.3. By Food Type
12.6.4. By Distribution Channel
13. Middle East Fermented Foods and Ingredients Market, By Region
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market Revenue (US$Mn) Forecast, By Country
13.2.1. GCC Countries Fermented Foods and Ingredients Market
13.2.2. Israel Fermented Foods and Ingredients Market
13.2.3. Oman Fermented Foods and Ingredients Market
13.2.4. Rest of Middle East Fermented Foods and Ingredients Market
13.3. Middle East Fermented Foods and Ingredients Market, By Type
13.3.1. Amino Acids
13.3.2. Organic Acid
13.3.3. Vitamins
13.3.4. Industrial Enzymes
13.3.5. Others
13.4. Middle East Fermented Foods and Ingredients Market, By Food Type
13.4.1. Fermented Dairy Products
13.4.2. Fermented Beverages
13.4.3. Fermented Confectionery and Bakery Products
13.4.4. Fermented Vegetables
13.4.5. Others
13.5. Middle East Fermented Foods and Ingredients Market, By Distribution Channel
13.5.1. Supermarkets/Hypermarkets
13.5.2. Online Stores
13.5.3. Others
13.6. Middle East Fermented Foods and Ingredients Market Attractiveness Index
13.6.1. By Country
13.6.2. By Type
13.6.3. By Food Type
13.6.4. By Distribution Channel
14. Africa Fermented Foods and Ingredients Market, By Region
14.1. Introduction
14.1.1. Annual Growth Rate Comparison, By Country
14.1.2. BPS Analysis, By Country
14.2. Market Revenue (US$Mn) Forecast, By Country
14.2.1. South Africa Fermented Foods and Ingredients Market
14.2.2. Egypt Fermented Foods and Ingredients Market
14.2.3. North Africa Fermented Foods and Ingredients Market
14.2.4. Rest of Africa Fermented Foods and Ingredients Market
14.3. Africa Fermented Foods and Ingredients Market, By Type
14.3.1. Amino Acids
14.3.2. Organic Acid
14.3.3. Vitamins
14.3.4. Industrial Enzymes
14.3.5. Others
14.4. Africa Fermented Foods and Ingredients Market, By Food Type
14.4.1. Fermented Dairy Products
14.4.2. Fermented Beverages
14.4.3. Fermented Confectionery and Bakery Products
14.4.4. Fermented Vegetables
14.4.5. Others
14.5. Africa Fermented Foods and Ingredients Market, By Distribution Channel
14.5.1. Supermarkets/Hypermarkets
14.5.2. Online Stores
14.5.3. Others
14.6. Africa Fermented Foods and Ingredients Market Attractiveness Index
14.6.1. By Country
14.6.2. By Type
14.6.3. By Food Type
14.6.4. By Distribution Channel
15. Recommendation
15.1. Market Strategy
16. Competitive Landscape
16.1. Competition Dashboard
16.2. List and Company Overview of Global Key Players
16.3. Company Profiles
16.3.1. Archer Daniels Midland Company
16.3.1.1. Company Overview
16.3.1.2. Financial Overview
16.3.1.3. Product Portfolio
16.3.1.4. Key Developments
16.3.1.5. Business Strategies
16.3.2. Ajinomoto Inc.
16.3.3. Angel Yeast Co. Ltd.
16.3.4. Cargill Inc.
16.3.5. CHR Hansen
16.3.6. CSK Food Enrichment
16.3.7. Danone S.A.
16.3.8. Dohler GmbH
16.3.9. Evonik Industries AG
16.3.10. General Mills Inc.
16.3.11. Kerry Group
16.3.12. KeVita
16.3.13. Koninklijke DSM N.V.
16.3.14. Lallemand Inc.
16.3.15. Mars Inc.
16.3.16. Meiji Holdings Co.,Ltd.
16.3.17. Mondelez International
16.3.18. Nestlé S.A.
16.3.19. Novozymes A/S
16.3.20. Royal FrieslandCampina N.V.
16.3.21. Tetra Pak International S.A.
16.3.22. Royal FrieslandCampina N.V.
17. Acronyms