Fermented Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Fermented Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global fermented ingredients market size reached US$ 25.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.02% during 2022-2028.

Fermented ingredients are food additives used for triggering fermentation in food and non-food products to obtain the desired chemical properties. Some of the commonly used fermented ingredients include industrial enzymes, biogas, vitamins, xanthan, antibiotics, amino acids and antibiotics. They are commonly added to food products to initiate microbial growth and enzymatic conversion to produce cultured milk, yogurt, wine, beer, cider, tempeh, miso, kimchi and fermented meats. Fermented ingredients are acidic in nature and can alter the flavor and state of the food. They can also aid in reducing digestive ailments and enhancing the shelf life of the products. Fermented ingredients are widely used across the food and beverage, cosmetic, biofuel, textile, paper and pharmaceutical industries.

Fermented Ingredients Market Trends:
Significant growth in the food and beverage industry across the globe is one of the key factors creating a positive outlook for the market. Food product manufacturers are increasingly using amino acid-based fermented ingredients to preserve foods and produce premium-quality fermented and alcoholic beverages. Moreover, rising health consciousness among the masses regarding the benefits of consuming fermented food products is providing a thrust to the market growth. Fermented ingredients consist of healthy bacteria and yeast that break down carbohydrates, starch and sugars in foods, which can be further used to produce kimchi, tempeh, kombucha and yogurt. In line with this, the increasing demand for fermented ingredients in the pharmaceutical industry is also contributing to the growth of the market. These ingredients are widely used for breaking down compounds under aerobic or anaerobic conditions and enhance the bioavailability of medicinal compounds. Other factors, including the increasing utilization of fermented ingredients in animal feed, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fermented ingredients market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, process and application.

Breakup by Type:

Amino Acids
Organic Acids
Polymers
Vitamins
Industrial Enzymes
Antibiotics
Others

Breakup by Form:

Dry
Liquid

Breakup by Process:

Batch Fermentation
Continuous Fermentation
Aerobic Fermentation
Anaerobic Fermentation

Breakup by Application:

Food and Beverages
Feed
Pharmaceutical
Paper
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ajinomoto Co. Inc, AngelYeast Co. Ltd., Archer-Daniels-Midland Company, Associated British Foods plc, BASF SE, Cargill Incorporated, Chr. Hansen Holding A/S, Döhler, DuPont de Nemours Inc., Evonik Industries AG (RAG-Stiftung), Koninklijke DSM N.V., Lallemand Inc. and Lonza Group AG.

Key Questions Answered in This Report
1. What was the size of the global fermented ingredients market in 2022?
2. What is the expected growth rate of the global fermented ingredients market during 2023-2028?
3. What are the key factors driving the global fermented ingredients market?
4. What has been the impact of COVID-19 on the global fermented ingredients market?
5. What is the breakup of the global fermented ingredients market based on the type?
6. What is the breakup of the global fermented ingredients market based on the process?
7. What is the breakup of the global fermented ingredients market based on the application?
8. What are the key regions in the global fermented ingredients market?
9. Who are the key players/companies in the global fermented ingredients market?