Market Size of North America Fermented Ingredient Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 6.40 % |
| Largest Market | United States |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Fermented Ingredient Market Analysis
North American fermented ingredient market is anticipated to register a CAGR of 6.4% during the forecast period 2019-2024.
- Increasing innovation in the fermentation equipment and process is supporting the market growth in the North American region, especially in developed economies, like the United States.
- In North America, the food and beverage market is growing at a fast pace due to the increasing demand for fermented food products with a variety of flavors and nutritional value, which is playing a major role to drive the application of fermented ingredients in the food and beverage segment.
