What is Fermented Food and Ingredients Market?
Fermented foods are produced through controlled microbial growth. These are a good source of lactic acid bacteria and good for heart health. Rapidly growing demand for fermented food and ingredient from restaurants and households is the major factor driving the global fermented food and ingredient market. The global fermented food and ingredients market is expected to the strong demand during the forecast period due to its major health benefits.
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|Key Companies Profiled||Danone (France), Nestle (Switzerland), The Kraft Heinz Company (United States), General mills (United States), KeVita (United States), Frieslandcampina (Netherlands), Cargill (United States), DSM (Netherlands), Unilever (United Kingdom) and Hain celestial (United States)|
The market study is being classified by Type (Dairy Products & Beverages, Fermented Confectionery & Bakery, Fermented Meat and Fish, Fermented Vegetables & Fruits and Fermented Flavors and Ingredients), by Application (Household and Restaurant) and major geographies with country level break-up. According to AMA, the Global Fermented Food and Ingredients market is expected to see steady growth rate.
Danone (France), Nestle (Switzerland), The Kraft Heinz Company (United States), General mills (United States), KeVita (United States), Frieslandcampina (Netherlands), Cargill (United States), DSM (Netherlands), Unilever (United Kingdom) and Hain celestial (United States) are some of the key players profiled in the study.
Fermented Food and Ingredients are a fragmented market due to the presence of various players. The market shows that companies are increasingly relying on partnerships and collaborations, as well as new product launches, to introduce new innovations and expand their existing product line. The majority of businesses are aggressively releasing new goods to expand their reach, whereas mergers and expansions are among the less common techniques.
Analyst at AMA have segmented the market study of Global Fermented Food and Ingredients market by Type, Application and Region.
On the basis of geography, the market of Fermented Food and Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for Fermented Food and Ingredients like Kombucha and Sourdough from Bread Bars and Cafes
- Rising Popularity of Fermented Products Wine, Beer, Cider, and Others among Population
- Increasing Demand for Preservative Food Materials
- Raising Awareness of Health Benefits of Fermented Food and Ingredients
- Fluctuation of Raw Materials Prices
- Health-Related issues with the High Consumption of Fermented Food and Ingredients
- Surging Demand for Fermented Food and Ingredients among the Population owing to its Health Benefits can create Opportunities for the Market Growth
- Concerns Related to the Supply Chain and Logistics
- Stringent Regulatory Standards for the Application and Production of the Fermented Food and Ingredients
Market Leaders and some development strategies
In April 2020, Royal DSM has acquired Glycom A/S (“Glycom”). The acquisition helps DSM to add HMOs to its portfolio. Glycom is the provider of HMO over the globe with its product development, preclinical and clinical development, regulatory and large-scale production with its new roadmap for another generation of HMO
In November 2019, Nestle has entered into a partnership with Corbion to develop the next generation of microalgae-based ingredients. The partnership allows the company to deliver sustainable, tasty, and nutritious plant-based products. With the transaction of Corbion's microalgae and fermentation capabilities with Nestle's expertise in the development of plant-based products, both companies purpose to produce and commercialize microalgae-based ingredients rich in protein and micronutrients. They will collaborate to enhance the functionality, taste, and nutritional profile for usage in different types of products.
As per the United States Food and Drug Act, food should be deemed adulterated: “If it bears or contains any poisonous or deleterious substance, which may render it injurious to health; but in case the substance is not an added substance, such food should not be considered adulterated under this clause if the quantity of such substance in such food does not ordinarily render it injurious to health”.
Key Target Audience
Fermented Food and Ingredients Manufacturers, Fermented Food and ingredients Suppliers and Distributors, Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):1. Which factors would majorly drive the Fermented Food and Ingredients Market?
"Growing Demand for Fermented Food and Ingredients like Kombucha and Sourdough from Bread Bars and Cafes
" is seen as one of major growth factors of Fermented Food and Ingredients Market in years to come.2. Can we have customized study for Fermented Food and Ingredients Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.3. Which region will lead the Global Fermented Food and Ingredients Market? will lead Fermented Food and Ingredients Market in coming years.