Fermented Ingredient Market In North America 2024-2028
The fermented ingredient market in north america is forecasted to grow by USD 1041.2 mn during 2023-2028, accelerating at a CAGR of 2.7% during the forecast period. The 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, the latest trends and drivers, and the overall market environment. The market is driven by growing aging population and health concerns, rise in new product launches, and wide applications of enzymes across industries.
Technavio's fermented ingredient market in north america is segmented as below:
By Application
- Food and beverages
- Pharmaceuticals
- Others
By Geographical Landscape
This study identifies the growing demand from food processing applications as one of the prime reasons driving the fermented ingredient market in north america growth during the next few years. Also, higher prevalence of digestive disorders and increased use of fermented ingredients in nutricosmetics and probiotic cosmetic products will lead to sizable demand in the market.
The report on the fermented ingredient market in north america covers the following areas:
- Fermented Ingredient Market in North America sizing
- Fermented Ingredient Market in North America forecast
- Fermented Ingredient Market in North America industry analysis
The 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 in north america vendors that include Ajinomoto Co. Inc., AngelYeast Co. Ltd., BASF SE, Cargill Inc., Chr Hansen AS, Dawn Food Products Inc., Dohler GmbH, Ingredion Inc., International Flavors and Fragrances Inc., Kerry Group Plc, Koninklijke DSM NV, Kyowa Hakko USA Inc., Lallemand Inc., Lesaffre and Cie, Lonza Group Ltd., Motif FoodWorks Inc., Puratos, RFI Ingredients, Roquette Freres SA, and Smallfood Inc.. 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.
The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.