Fermented Food and Ingredients are products which go through desired microbial action that helps in enhancing their quality and nutritional value. The fermented food and ingredients market include a wide range of food type such as fermented confectionary, fermented beverages, fermented dairy, and bakery products. The increasing prevalence of obesity and digestive problems among the consumers in developing economies is expected to propel the demand for fermented food and ingredients. The increasing use of fermented food worldwide owing to their rising demand, supported by consumer perceptions of fermentation process is the key factor that is expected to boost the market growth. Amino acid represents the most vital ingredient in the fermented food and ingredients market. During the forecast period, ingredient areas, such organic acid and industrial enzyme are expected to attain the maximum growth, owing to the huge possibilities of value addition in these ingredient areas. Fermented food and ingredients help in enhancing the quality and texture of food products and are used to add flavour and improve the properties of food products and supplements, which is further estimated to boost the market growth in the projected years.
Food made from yeast is called fermented food. Under fermentation, microorganisms such as bacteria, yeast, and fungi convert organic compounds into acids. This acid acts as a preservative to add flavor to your food. Any food used for cooking prepared under this process is kept at room temperature overnight or for several hours. Keeping it like this at room temperature will cause fermentation and swelling. If you don't have much time to ferment, you can use baking soda, yeast, or fruit salt. The fermentation process produces bacteria called probiotics. Eating fermented foods has many benefits.
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Key Industry Players in the Fermented Food and Ingredients Market:
· Archer Daniels Midland Company (US)
· Ajinomoto Inc. (Japan)
· Angel YeastCo. Ltd. (China)
· Cargill Inc (US)
· CHR Hansen (Denmark)
· CSK Food Enrichment (Netherlands)
· Danone S.A (France)
· Dohler GmbH (Germany)
· General Mills In (US)
· Kerry Group (Ireland)
· KeVit (India)
· NestléS.A (Switzerland)
· Novozymes A/S (Denmark)
· Royal FrieslandCampina N.V (Netherlands)
· Tetra Pak International S.A (Switzerland), and other major players.
The Fermented Beverages segmented accounted for the largest market share of the fermented food and ingredients market in 2019 and is forecasted to be the fastest-growing market over the forecast period. Increasing consumption of fermented beverages like beer is expected to drive the demand for the fermented ingredients. Moreover, the changing dietary patterns of the health-conscious population is contributing to the growth of the segment.
Segmentation Analysis Includes,
By Food Type:
· Fermented Dairy Products
· Fermented Beverages
By Ingredient Type:
· Organic acids
· Amino acids
· Industrial enzymes
By Distribution Channel:
· Online stores
· Supermarkets
By Region:
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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· Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
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· 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 outbreak of COVID-19 and the subsequent extent of lockdown have impacted the fermented food ingredients market across the globe. As the Covid-19 crisis continues, many global industrial manufacturing companies are facing challenging times including production shutdowns, transportation, supply chain disruptions, cost increases, and workforce disruptions, which negatively affect the fermented food ingredients industry in terms of revenue.
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Fermented foods and beverages are foods or beverages produced through controlled microbial growth, and fermentation, the conversion of food components through enzymatic action. These products are rich sources of probiotics and other nutrients, and thus provide various health benefits including improved digestion, weight management, prevention of obesity, and boosting immunity.
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