Industry Background:
Fermentation is an ancient traditional technique for preserving the food, this technique is still used today to produce food and beverages, dairy products, etc. The fermented ingredients are used for the fermentation process such as vinegar, salt, water, cider, etc, for producing the fermented food. It has many health benefits as they are rich in essential probiotics for better digestion, stronger immunity, and various other health benefits. This is a natural process through which microorganisms like yeast and bacteria convert carbs into alcohol or acids, the alcohol or acid acts as a natural preservative giving the fermented food a distinct taste and durability.This growth is primarily driven by Increasing Awareness About Healthy Eating
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Tons |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as DöhlerGroup (Germany), Biospringer by Lesaffre (France), Ixom (Orica Chemicals) (Australia), Dawn Farm Foods (Ireland), ABITEC Corporation (United States), Gnosis by Lesaffre (Italy) and Huvepharma (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Jan 2024 --- Industrial biotechnology leader Lallemand has acquired Swiss biotechnology firm Evolve for a reported CHF20 million through its Swiss affiliate Danstar Ferment. Lallemand expects to capitalize on Evolva’s precision fermentation capabilities through this deal.
In April 2023,Royal DSM, a global, purpose-led, science-based company, today unveils an extensive, functional ingredients toolkit for plant-based fermented products, like yogurt alternatives. The toolkit includes four new specifically designed starter cultures and five ready-to-use consumer concepts. The new concepts showcase how the toolkit can be used to develop new plant-based fermented products across a variety of plant-based substrates with fine-tuned taste, texture and health properties. DSM’s Plant Power Toolkit empowers producers by taking the complexity out of formulating plant-based fermented products so they can bring quality products to market – faster.
Regulatory Insights:
"The U.S. Food and Drug Administration (FDA) published the “Draft Guidance for Industry: Acidified Foods”, which provided recommendations on manufacturing, storage, packaging, distribution processes, and appropriate quality control procedures for acid foods, acidified foods, and fermented foods. However, in December 2015, they withdrew partially the draft guidance because many of the topics addressed are presently being dealt with in other documents. The FDA does not regulate fermented foods since they have not found any cases of food illnesses. A comparison of key elements between the EU and the USA."
Influencing Trend:
Increasing Consumption of Fermented Drinks and Emerging Use of Fermented Ingredients in Bakery Products
Market Growth Drivers:
Increasing Awareness About Healthy Eating and Growing Demand for Fermented Food and Drinks Because of its Health Benefits
Challenges:
High Demand of industry
Restraints:
Side Effects Associated with Consumption of Fermented Food Products might be the Hindrance and Stringent Regulatory Guidelines Regarding Fermented Foods
Opportunities:
Surging Demand for Fermented Ingredients from Developing Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Fermented Ingredients Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Fermented Ingredients Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Fermented Ingredients players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Fermented Ingredients Study Sheds Light on
The Fermented Ingredients Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Fermented Ingredients industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Fermented Ingredients industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.