Fermented Food & Drink Market Scope
Fermented foods are foods and beverages that have undergone controlled microbial growth and fermentation. Fermentation is an anaerobic process in which microorganisms like yeast and bacteria break down food components (e.g. sugars such as glucose) into other products (e.g. organic acids, gases or alcohol). This gives fermented foods their desirable and unique taste, aroma, texture, as well as appearance. Several health benefits are associated with fermentation. Fermented foods are often more nutritious than their unfermented form. Fermented foods improve digestive health, boosts the immune system, among others. Moreover, the consumption of fermented foods leads to lower the risk of heart diseases as well.
The market study is being classified by Type (Fermented Vegetables, Fermented Dairy Products, Fermented Alcoholic & Non-Alcoholic Drinks, Bakery Products and Others) and major geographies with country level break-up. According to AMA, the Global Fermented Food & Drink market is expected to see growth rate of 5.9%
Research Analyst at AMA predicts that United States and Japanese Vendors will contribute to the maximum growth of Global Fermented Food & Drink market throughout the predicted period.
Coca Cola (United States), Cargill (United States), Conagra Foods (United States), Dr Pepper (United States), DSM (Netherlands), Danone (France), Grupo Petrópolis (Brazil), Hint Water (United States), Nestle (Switzerland) and PepsiCo (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Manda Fermentation Co Ltd (Japan), Vivolac Cultures Corp (United States), Zhejiang Yiming Food Co Ltd (China) and Fuji Oil Thailand Co Ltd (Japan).
AdvanceMarketAnalytics has segmented the market of Global Fermented Food & Drink market by Type, Application and Region.
On the basis of geography, the market of Fermented Food & Drink has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
Market Leaders and their expansionary development strategies
On 29 Aug 2019, Cargill has expanded its offerings of sustainable alternatives to fishmeal in aqua feed owing to a new agreement with White Dog Labs. The deal secures access to ProTyton, White Dog Labs’ single-cell protein produced by fermentation with corn feedstock—a sustainable alternative to harvesting fishmeal—which, like fishmeal, is high in protein and amino acids. ProTyton will be ready to ship from White Dog Labs’ demo facility in Sutherland, NE in 2020.
On 18 Sept 2018, The Coca-Cola Company has acquired kombucha maker Organic & Raw Trading Co., which makes the MOJO brand of naturally fermented, live culture, organic kombucha drinks. and On 8 Nov 2018, Cargill and Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announced a new joint venture, Avansya, to rise to this challenge. Together, the companies will produce highly sought-after, sweet-tasting molecules, such as steviol glycosides Reb M and Reb D through fermentation, giving food and beverage manufacturers an even more scalable, sustainable and low cost-in-use solution than if these same molecules were extracted from the stevia leaf.
- Increasing Use of Fermented Foods as Ingredients in Various Foods and Beverages
- Young Population Like To Taste New and Unusual Flavors
- Consumers are More Inclined towards Healthy and Natural Preservation Methods
- The Purported Health Benefits of Fermented Foods
- Innovative and Creative Packaging Formats
- The Growth Potential from Less Developed Countries
- Lawsuits and Product Recalls
Key Target AudienceFermented Food & Drinks Manufacturers, Raw Material Suppliers, Fermented Food & Drinks Traders/distributors, Regulatory & Government Bodies, End Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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