Recently, a latest report emphasizing on the evolution and progress of the global fermented foods and ingredients market has been posted to the huge database of Reports and Insights, entitled “Fermented Foods and Ingredients Market: Opportunity Analysis and Future Assessment 2020-2028”. The report renders qualitative and quantitative synopsis of the conceptual framework and rational approach of the market together with the data related to market size, segmentation, textual & graphical assessment of the global market growth trends over the forecast period of 2021 to 2026. The fermented foods and ingredients market size was valued at US$ 2.2 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2020 to 2028.
Purchase a copy of Fermented Foods and Ingredients Market Research Report @ https://reportsandinsights.com/sample-request/4315
Fermented Foods and Ingredients Market Dynamics
The global fermented food and ingredients market has witnessed significant growth, accounting for the increasing awareness about food preservatives coupled with the shifting focus on consumers towards functional food and beverages. Furthermore, the growing consumer awareness about good health and wellness is also responsible for expanding the global market size during the forecast year.
Robust demand for alcoholic beverages including wine and beer is also likely to propel the fermented food and ingredients market shares in the next 5 years. According to the International Organization of Vine and Wine, the worldwide wine production, excluding juices and musts, was estimated to be around 262.2 MHL in 2020.
On the flip side, factors such as the restricted range of temperature and pH for operations and the possibilities of health risks associated with the fermentation process are likely to restrict the demand for fermented food and ingredients in the near future.
Besides, the growing demand for fermented food and beverages from the developing economy such as Asia Pacific regions and the Middle East and Africa are likely to offer profitable business growth for the worldwide fermented food and ingredients market during the upcoming years.
Fermented Foods and Ingredients Market Segmentation
The global fermented foods and ingredients market is segmented on the basis of type, food type, distribution channel, and regions. Based on type, the fermented foods and ingredients market is segmented into amino acids, organic acids, vitamins, industrial enzymes, and others. On the basis of product type, the market is categorized into fermented dairy products, fermented beverages, fermented confectionery and bakery products, fermented vegetables, and others. Furthermore, the distribution channel segment is divided into supermarkets/hypermarkets, online stores, and others.
To view Top Players, Segmentation and other Statistics of Fermented Foods and Ingredients Industry, Request a Sample Copy of this Report: https://reportsandinsights.com/sample-request/4315
By Product Type
Fermented Dairy Products
Fermented Confectionery and Bakery Products
By Distribution Channel
Fermented Foods and Ingredients Market Key Players
The global Fermented Foods and Ingredients market is dominated by Archer Daniels Midland Company, Ajinomoto Inc., Angel Yeast Co. Ltd., Cargill Inc., CHR Hansen, CSK Food Enrichment, Danone S.A., Dohler GmbH, Evonik Industries AG, General Mills Inc., Kerry Group, KeVita, Koninklijke DSM N.V., Lallemand Inc., Mars Inc., Meiji Holdings Co., Ltd., Mondelez International, Nestlé S.A., Novozymes A/S, Royal FrieslandCampina N.V., and Tetra Pak International S.A.
About Reports and Insights:
Reports and Insights is one of the leading market research company which offers syndicate and consulting research around the globe. At Reports and Insights we adhere to the client needs and regularly ponder to bring out more valuable and real outcomes for our customers. We are equipped with strategically enhanced group of researchers and analysts that redefines and stabilizes the business polarity in different categorical dimensions of the market.
1820 Avenue M, Brooklyn
NY 11230, United States
Find Us on Linkedin: www.linkedin.com/company/report-and-insights/