Fermented Ingredient Market was valued at USD 32 Billion in 2022 and is projected to reach USD 50 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The global fermented ingredient market was valued at approximately USD 54 billion in 2022 and is projected to reach around USD 75 billion by 2027, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period. This growth is driven by increasing consumer demand for probiotic-rich foods, rising awareness about gut health, and expanding applications in the food and beverage industry. The market includes a wide range of products such as fermented dairy, plant-based fermented ingredients, and specialty fermented flavors that are gaining traction due to their health benefits and unique taste profiles.
Emerging markets, particularly in Asia-Pacific and Latin America, present significant opportunities for growth. In these regions, there is a burgeoning interest in traditional fermented foods and beverages, coupled with a growing middle-class population willing to explore new health-centric products. Additionally, advancements in fermentation technology and the development of novel applications in the nutraceutical and pharmaceutical industries further enhance market potential. Companies are increasingly focusing on innovation and expanding their product portfolios to capitalize on these opportunities, positioning themselves to meet the evolving demands of a global consumer base.
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Ajinomoto Corporation
Allied Bakeries
Angelyeast
Associated British Food
Bakels
BASF SE
Cargill Incorporated
CSK Food Enrichment
Dawn Food Products
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fermented Ingredient Market
Supermarket
Specialty Store
Convenience Store
Others
Based on Types the Market is categorized into Below types that held the largest Fermented Ingredient market share In 2023.
Liquid
Dry
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fermented Ingredient Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fermented Ingredient Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fermented Ingredient Market, By Type
6. Global Fermented Ingredient Market, By Application
7. Global Fermented Ingredient Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Fermented Ingredient Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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