Global fermentation ingredients market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fermentation ingredients market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global Fermentation Ingredients Market is valued at an estimated USD 25.29 billion in 2018, and this value is projected to rise to USD 52.27 billion by 2026, undergoing growth with a CAGR of 9.5% in the forecast period of 2019-2026.The rise in market value can be attributed to the increase in awareness regarding food preservation and increased applicability of fermented ingredients in various industries including food & beverage, healthcare, personal care etc.
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Global Fermentation Ingredients Market By Type (Alcohol, Amino Acids, Organic Acids, Industrial Enzymes, Antibiotics, Polymer (Polysacchrides/Xanthan),Vitamins, Biogas, Others), Feedstock (Wheat, Corn, Sugar Beet, Others), Application (Food & Beverages, Feed, Pharmaceuticals, Agriculture, Personal Care, Paper, Biofuel Textile & Leather), Form (Dry, Liquid), Process (Batch Fermentation, Continuous Fermentation, Aerobic Fermentation, Anaerobic Fermentation), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Fermentation is the process of breaking down substances/compounds with the help of bacteria, yeast and other microorganisms. It is applied in a number of food & beverages products to add flavour, change their form, increase their shelf life and to improve their quality. Fermented food is easier to digest, and contains high nutritional value. Fermentation ingredients are used extensively in the food and beverages as well as the pharmaceuticals industry. It is known to be utilized for the production of antibiotics, solvents such as ethanol, probiotics such as yoghurt etc. Alcoholic products such as beer and wine are fermented using grains and fruits. Lactic acid and ethanol are the healthiest products of fermentation. Polymer is extensively used for thickening of food and in oil drilling. Several types of enzymes are used in bio-refineries.
- Rise of the global bioethanol industry is affecting the growth of fermented ingredients mainly due to the increased application in the feed industry
- Growing awareness about preservation of food is playing a significant part in driving the market and the rising demand for products with long shelf life
- The rising demand for health foods and the increased awareness of the health benefits derived from such products fosters the growth of this market
- Increased demand for fermented ingredients in the pharma industry and the rising demand for antibiotics
- The rising demand of industrial enzymes, their increased application in end user industries
- Absence of quality raw materials.
- The possible health risks arising due to the fermentation process.
The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios.
The COVID-19 pandemic continues to unfold everyday with severe impact on people, communities, and businesses. The growth in several industries will be impacted significantly while numerous other markets may remain unscathed and show promising growth opportunities. As the pandemic spreads in some regions and plateaus in other regions, we revaluate the impact on businesses and update our report forecasts.
Key Considerations for Market Forecast
Pre as well as post COVID 19 market estimates
- Quarterly impact analysis as the spread reaches global level and updates on market estimates
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behaviour
- Products and services used to manage or contain the spread of COVID-19 virus
- Products and services used for the treatment of COVID-19 virus
- Optimistic, base case, and pessimistic scenarios for all markets as the impact of pandemic unfolds
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of industry in these regions, from 2020 to 2027, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Few of the major competitors currently working in the fermentation ingredients market are ingredients market are Cargill, Incorporated, Vedan International (Holdings) Limited., AJINOMOTO CO.,INC, AB Enzymes, DuPont., Archer Daniels Midland Company, Döhler, Novozymes, Chr. Hansen Holding A/S, Evonik Industries AG, Jungbunzlauer Suisse AG, BASF SE., Lallemand Inc., Lonza., AngelYeast Co., Ltd., Koninklijke DSM N.V. and Olon S.p.A., Amano Enzyme Inc., BÜCHI Labortechnik AG, Purolite., BIOMAR Microbial Technologies and Dyadic International Inc. among others.
There are 15 Chapters to display the Self-Storage and Moving Services market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Fermentation Ingredients market
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Fermentation Ingredients Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[North America, Europe, Asia-Pacific etc ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, to identify major decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Fermentation Ingredients Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels
Chapter 13 and 14, about vendor landscape (classification and Market Ranking)
Chapter 15, deals with Fermentation Ingredients Market sales channel, distributors, Research Findings and Conclusion, appendix and data source
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