Fermented Food and Ingredients are products that go through desired microbial action that helps in enhancing their quality and nutritional value. The fermented food and ingredients market includes a wide range of food types such as fermented confectionary, fermented beverages, fermented dairy, and bakery products. The increasing prevalence of obesity and digestive problems among 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 the 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 as organic acid and industrial enzymes are expected to attain the maximum growth, owing to the huge possibilities of value addition in these ingredient areas. Fermented food and ingredients help enhance the quality and texture of food products and are used to add flavor and improve the properties of food products and supplements, which is further estimated to boost market growth in the projected years.
Players Covered in the Fermented Food and Ingredients Market are:
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.
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The global Fermented Food and Ingredients Market is in-depth and offers a comprehensive analysis of the major growth determinants, the market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Fermented Food and Ingredients Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope Weather Monitoring Solutions and Services Market, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts
Segmentation Analysis of the Fermented Food and Ingredients Market Report:
The Fermented Food and Ingredients Market can be segmented based on various factors to provide a comprehensive understanding of the industry. Common segmentation criteria include:
By Food Type
· Fermented Dairy Products
· Fermented Beverages
By Ingredient Type
· Organic acids
· Amino acids
· Industrial enzymes
By Distribution Channel
· Online stores
· Supermarkets
Intelligent Agencies Market Share Data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Key Industry Development In The Fermented Food And Ingredients Market:
· In November 2019, a joint venture took place between Cargill and DSM. Through the joint venture, they started commercial-scale production of EverSweet™ stevia sweetener as there is an increasing demand for reduced calorie-food and beverages among the health-conscious population.
· In March 2019, Angel Yeast Co., Ltd a listed global yeast and yeast extract manufacturer, reached another recognition milestone for its green push towards the goal of carbon-neutrality after China's Ministry of Industry and Information Technology recently named Angel Yeast as one of the national "Green Factories." The recognition is testimony to the Company's unrelenting effort to reduce the carbon footprint of its operations, demonstrating its tremendous and long-standing commitment to energy conservation and environmental protection.
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