Global Fermentation Ingredient Market Growth 2023-2029

Global Fermentation Ingredient Market Growth 2023-2029

Fermentation is a biological process that converts sugar to acids, gases, and alcohol. Grains and fruits are fermented to produce alcohol products such as beer and wine.

LPI (LP Information)' newest research report, the “Fermentation Ingredient Industry Forecast” looks at past sales and reviews total world Fermentation Ingredient sales in 2022, providing a comprehensive analysis by region and market sector of projected Fermentation Ingredient sales for 2023 through 2029. With Fermentation Ingredient sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fermentation Ingredient industry.

This Insight Report provides a comprehensive analysis of the global Fermentation Ingredient landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fermentation Ingredient portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fermentation Ingredient market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fermentation Ingredient and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fermentation Ingredient.

The global Fermentation Ingredient market size is projected to grow from US$ 38330 million in 2022 to US$ 59300 million in 2029; it is expected to grow at a CAGR of 59300 from 2023 to 2029.

The healthiest products of fermentation ingredients include lactic acid and ethanol. Lactic acid is regarded as pre-stage material for polylactic acid (PLA). Polylactic acid is proposed an efficient polymer to substitute petroleum-based plastic products. Polymer (polysaccharides) is used widely in food thickening and oil drilling applications. Different enzymes are widely used in bio-refineries. Ascorbic acid and Riboflavin are the most important vitamins derived from fermentation process.

This report presents a comprehensive overview, market shares, and growth opportunities of Fermentation Ingredient market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Yeast
Enzyme

Segmentation by application
Food & Beverages
Pharmaceutical
Feed
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Angel Yeast Co. Ltd
Lesaffre
AB Mauri
Lallemand
Pakmaya
Chr.Hansen A/S
Dalian Xinghe
Cargill Inc
Lonza
AB Enzymes
Amano Enzymes

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fermentation Ingredient market?

What factors are driving Fermentation Ingredient market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fermentation Ingredient market opportunities vary by end market size?

How does Fermentation Ingredient break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.