According to the report published by Zion Market Research, global demand for the fermentation INGREDIENTS market was valued at approximately USD 27.45 Billion in 2019 and is expected to generate revenue of around USD 50.17 Billion by end of 2026, growing at a CAGR of around 9.0% between 2020 and 2026.
According to the report published by Zion Market Research, global demand for the fermentation INGREDIENTS market was valued at approximately USD 27.45 Billion in 2019 and is expected to generate revenue of around USD 50.17 Billion by end of 2026, growing at a CAGR of around 9.0% between 2020 and 2026.
Fermentation is done to add flavor to the food and make it tastier or to change the form of the food. Fermentation ingredients are used so that food can stay in good condition for a longer duration. The fermentation process can bring changes to the quality and acceptability of the product. This, in turn, results in improved quality of the food, making it easier to digest, more nutritious, and better in taste. Fermentation ingredients are used in industries such as Food and beverages and pharmaceutical. Different ingredients are used to ferment food material namely, water, salt, sweeteners like sugar. Distilled water is best to use in the fermenting procedure. The combination of salt and water called brine is used widely in fermentation.
Fermentation is a biological process which is mainly based on the use of cellular enzymes and sterility rather than inanimate catalyst which provoke chemical reactions in the material they are used in..
Global Fermentation Ingredients Market: Growth Factors
The most important factors influencing the global fermentation ingredients industry in the past few years are the development of the global bioethanol industry, insistence for the eco-friendly production system, easy, faster production of bioactive biomolecules, increasing demand for alcohol and much more. Fermentation chemicals, especially alcohols are widely used in the food & beverage industry. Fermented liquors and alcohols are used in multiple production processes of the chemical industry. These are an increasing demand for fermentation ingredients. Plus its health benefits are helping to raise the growth of the global fermentation ingredient market. The growth in this market is largely owing to the rising demand in various product segments and its uses. Product segments such as xanthan, vitamins, and antibiotics are also popular in the global fermentation ingredients market.
Global Fermentation Ingredients Market: Segmentation
The global Fermentation Ingredient Market is segmented on the basis of products, applications, and regions. On the account of products, the market is mainly classified as alcohol, amino acids, nutritional, and antibiotics. Among these, alcohol has the largest market share. Application-wise, the global fermentation ingredients market is divided into breweries, wineries and spirits, bakery & confectionery, dairy, pharmaceutical, animal feed, and much more. Of which, brewery and wineries hold the largest market share.
Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Global Fermentation Ingredients Market: Regional Analysis
North America is the most significant and largest market for the fermentation products industry followed by Asia Pacific, Europe, and the Rest of the world. Owing to the market saturation in the European and North American regions, Asia Pacific is anticipated to be the future potential market.
Some of the key players operating in the global fermentation ingredients market are Vedan International Limited, Ajinomoto Company, Cargill Incorporated, The Dow Chemical Co., AB Enzymes, E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, Novozymes, Royal DSM NV. The market is also influenced largely by Chr. Hansen A/S, Evonik Industries, Danisco A/S, Jungbunzlauer AG., and BASF SE.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Fermentation Ingredients Market: Regional Segment Analysis
List of Figures
FIG NO. 1 Research Methodology
FIG NO. 2 Market Research Process
FIG NO. 3 Secondary Research
FIG NO. 4 Company Share Analysis Model
FIG NO. 5 Revenue Based Model
FIG NO. 6 Primary Research
FIG NO. 7 Global Fermentation Ingredients Market, Volume (Kilotons) and Revenue (USD Billion), 2016 - 2026
FIG NO. 8 Porter’s Five Forces Analysis for Global Fermentation Ingredients Market
FIG NO. 9 Global Fermentation Ingredients Market Revenue Share (%) by Product, 2019 & 2026
FIG NO. 10 Global Fermentation Ingredients Market by Alcohol, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 11 Global Fermentation Ingredients Market by Amino Acids, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 12 Global Fermentation Ingredients Market by Nutritional, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 13 Global Fermentation Ingredients Market by Antibiotics, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 14 Global Fermentation Ingredients Market Revenue Share (%) by Product, 2019 & 2026
FIG NO. 15 Global Fermentation Ingredients Market by Breweries, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 16 Global Fermentation Ingredients Market by Wineries and Spirits, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 17 Global Fermentation Ingredients Market by Bakery & Confectionery, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 18 Global Fermentation Ingredients Market by Dairy, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 19 Global Fermentation Ingredients Market by Pharmaceutical, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 20 Global Fermentation Ingredients Market by Animal Feed, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 21 Global Fermentation Ingredients Market by Others, Volume (Kilotons) and Revenue (USD Billion), 2016 – 2026
FIG NO. 22 North America Fermentation Ingredients Market, (Kilotons), (USD Billion) 2016 - 2026
FIG NO. 23 Europe Fermentation Ingredients Market, (Kilotons), (USD Billion) 2016 - 2026
FIG NO. 24 Asia Pacific Fermentation Ingredients Market, (Kilotons), (USD Billion) 2016 - 2026
FIG NO. 25 Latin America Fermentation Ingredients Market, (Kilotons), (USD Billion) 2016 - 2026
FIG NO. 26 The Middle-East and Africa Fermentation Ingredients Market, (Kilotons), (USD Billion) 2016 - 2026
List of Tables
TABLE 1 Global Fermentation Ingredients Market: Snapshot
TABLE 2 Drivers of the Fermentation Ingredients Market: Impact Analysis
TABLE 3 Restraints for the Fermentation Ingredients Market: Impact Analysis
TABLE 4 Global Fermentation Ingredients Market Revenue (USD Billion) (Kilotons), 2016 – 2026
TABLE 5 Global Fermentation Ingredients Market Revenue (USD Billion), 2016 – 2026
TABLE 6 North America Fermentation Ingredients Market, Volume (Kilotons) by Product, 2016 – 2026
TABLE 7 North America Fermentation Ingredients Market Revenue (USD Billion) by Product, 2016 – 2026
TABLE 8 North America Fermentation Ingredients Market, Volume (Kilotons) by Application, 2016 – 2026
TABLE 9 North America Fermentation Ingredients Market Revenue (USD Billion) by Application, 2016 – 2026
TABLE 10 Europe Fermentation Ingredients Market, Volume (Kilotons) by Product, 2016 – 2026
TABLE 11 Europe Fermentation Ingredients Market Revenue (USD Billion) by Product, 2016 – 2026
TABLE 12 Europe Fermentation Ingredients Market, Volume (Kilotons) by Application, 2016 – 2026
TABLE 13 Europe Fermentation Ingredients Market Revenue (USD Billion) by Application, 2016 – 2026
TABLE 14 Asia Pacific Fermentation Ingredients Market, Volume (Kilotons) by Product, 2016 – 2026
TABLE 15 Asia Pacific Fermentation Ingredients Market Revenue (USD Billion) by Product, 2016 – 2026
TABLE 16 Asia Pacific Fermentation Ingredients Market, Volume (Kilotons) by Application, 2016 – 2026
TABLE 17 Asia Pacific Fermentation Ingredients Market Revenue (USD Billion) by Application, 2016 – 2026
TABLE 18 Latin America Fermentation Ingredients Market, Volume (Kilotons) by Product, 2016 – 2026
TABLE 19 Latin America Fermentation Ingredients Market Revenue (USD Billion) by Product, 2016 – 2026
TABLE 20 Latin America Fermentation Ingredients Market, Volume (Kilotons) by Application, 2016 – 2026
TABLE 21 Latin America Fermentation Ingredients Market Revenue (USD Billion) by Application, 2016 – 2026
TABLE 22 The Middle-East and Africa Fermentation Ingredients Market, Volume (Kilotons) by Product, 2016 – 2026
TABLE 23 The Middle-East and Africa Fermentation Ingredients Market Revenue (USD Billion) by Product, 2016 – 2026
TABLE 24 The Middle-East and Africa Fermentation Ingredients Market, Volume (Kilotons) by Application, 2016 – 2026
TABLE 25 The Middle-East and Africa Fermentation Ingredients Market Revenue (USD Billion) by Application, 2016 – 2026
The most important factors influencing the global fermentation ingredients industry in the past few years are the development of the global bioethanol industry, insistence for the eco-friendly production system, easy, faster production of bioactive biomolecules, increasing demand for alcohol, and much more.
According to Zion Market Research, the global demand for the fermentation ingredients market is expected to generate revenue of around USD 50.17 Billion by end of 2026, growing at a CAGR of around 9.0% between 2020 and 2026.
North America is the most significant and largest market for the fermentation products industry followed by Asia Pacific, Europe, and the Rest of the world. Owing to the market saturation in the European and North American regions, Asia Pacific is anticipated to be the future potential market.
Some of the key players operating in the global fermentation ingredients market are Vedan International Limited, Ajinomoto Company, Cargill Incorporated, The Dow Chemical Co., AB Enzymes, E. I. du Pont de Nemours and Company, Archer Daniels Midland Company, Novozymes, Royal DSM NV. The market is also influenced largely by Chr. Hansen A/S, Evonik Industries, Danisco A/S, Jungbunzlauer AG., and BASF SE.
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