Fermented Ingredient Market in North America 2022-2026

Fermented Ingredient Market in North America 2022-2026

Technavio has been monitoring the fermented ingredient market in North America and it is poised to grow by $ 1.18 bn during 2022-2026, progressing at a CAGR of 3.04% during the forecast period. Our report on the fermented ingredient market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing aging population and health concerns and significant rise in new product launches. In addition, growing aging population and health concerns is anticipated to boost the growth of the market as well.

The fermented ingredient market in North America analysis includes the application segment and geographic landscape.

Technavio's fermented ingredient market in North America is segmented as below:

• By Application
• Food and beverages
• Pharmaceuticals
• Others
• By Geography
• US
• Canada
• Rest of North America

This study identifies the wide applications of enzymes across industriesas one of the prime reasons driving the fermented ingredient market growth in North America during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on fermented ingredient market in North America covers the following areas:

• Fermented ingredient market sizing
• Fermented ingredient market forecast
• Fermented ingredient market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fermented ingredient market vendors in North America that include AngelYeast Co. Ltd., BASF SE, Cargill Inc., Chr. Hansen Holding AS, Dohler GmbH, International Flavors and Fragrances Inc., Kerry Group Plc, Koninklijke DSM NV, Lallemand Inc., and Lonza Group Ltd.. Also, the fermented ingredient market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

AngelYeast Co. Ltd., BASF SE, Cargill Inc., Chr. Hansen Holding AS, Dohler GmbH, International Flavors and Fragrances Inc., Kerry Group Plc, Koninklijke DSM NV, Lallemand Inc., Lonza Group Ltd.