published Date SEP 2018

Fermented Ingredients Market Size is poised to grow at a CAGR of 8.7% (2018-2023)

Amino acid holds significant market share as amino acids and enzymes used in pharmaceutical and cosmetics applications are responsible for the enhanced features and results of end products, which in turn has led to the increase in demand for fermented ingredients in the various industrial application including pharmaceutical and cosmetics industry.

Sep 5th, 2018: The global Fermented Ingredients market is expected to register a CAGR of 8.7%, as per a new report published by Mordor Intelligence, LLP. Consumers are becoming increasingly health-conscious, especially the younger generations, driving a forceful demand for fermented beverages to meet their needs. The growing trend of healthier, enhanced fermented food & beverages is generating a great deal of opportunity for companies to develop products that nourish as well as refresh and hydrate.

Increased use of fermented ingredients in food preservation in order to increase the shelf life of food & beverages products such as dairy products, brewery & distilling, and bakery is driving the demand of fermented ingredients in food & beverages application segment.

In the Asia-Pacific region, the high population-based countries such as China and India are expected to drive the market for fermented ingredients during the forecast period. There is an increase in demand for high-quality food and personal care products, which is accelerating the demand for quality fermented ingredients in this region.

Key Insights from the Fermented Ingredients Market Report:

  • Vitamins are also expected to gain popularity as key fermented ingredients in the food & beverage sector, with their use increasing in the production of probiotic drinks such as Kefir.
  • Fermented food and drink products that are targeted at preventing the deterioration of health or improving overall well-being have increased their presence over the last few years which is supporting the fermented ingredients market.
  • Fermented food & beverages are expected to continue to grow in popularity, as consumers reach for healthier drinks and turn away from sugary options.
  • key players have to focus on industry consolidation by leveraging their product portfolio, entering into partnerships with local distributors especially in the emerging economies and developing new products with new unique formulations, especially in fermented food & beverages products.
  • Increase in US retail sales of refrigerated fermented beverages like kombucha is driving the fermented ingredients market in the country.           

To know more about the coverage of the Fermented Ingredients Market report, click the below link:

https://mordorintelligence.com:81/industry-reports/fermented-ingredients-market

Fermented Ingredients market segmentation based on ingredient type, form, application, and regional coverage,

Fermented Ingredients Market by Ingredient Type,

  • Amino acids
  • Organic acids
  • Polymers
  • Biogas
  • Vitamins
  • Industrial enzymes

Fermented Ingredients Market by Form

  • Dry
  • Liquid

Fermented Ingredients Market by Application

  • Food & beverages
  • Feed
  • Pharmaceutical
  • Paper
  • Others

Fermented Ingredients Market by Region,

North America

  • US
  • Mexico
  • Canada
  • Rest of North America

Europe       

  • Germany
  • Spain
  • France
  • Russia
  • UK
  • Rest of Europe

Asia Pacific

  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific

South America

  • Brazil
  • Argentina
  • Rest of South America

Middle East & Africa

  • South Africa
  • UAE
  • Rest of Middle East & Africa

Get a free overview on Fermented Ingredients Market Report (2018-2023)

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