IMARC Group, a leading market research company, has released a report titled “Fermented Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. According to the report, The global fermented ingredients market size reached US$ 25.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.3 Billion by 2028, exhibiting a growth rate (CAGR) of 8.8% during 2023-2028.

Fermented ingredients are acidic additives that are extensively deployed in the fermentation of non-food and food products to obtain the desired chemical properties. They are further utilized for detoxication, adding a soft texture and unique flavors. The most common fermented ingredients include biogas, xanthan, amino acids, industrial enzymes, vitamins, and antibiotics. The fermentation processes can be differentiated into lactic acid, acetic acid and ethanol acid fermentation.

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Fermented Ingredients Market Trends and Drivers:

The escalating inclination of consumers toward healthy and nutritious food commodities with natural ingredients and rising advancements in the food and beverage (F&B) sector are primarily driving the global fermented ingredients market growth. The rising awareness amongst consumers regarding the numerous benefits of fermented ingredients on the overall health of the skin has prompted manufacturers in the personal care and cosmetics industries to use them as basic raw materials, which is further contributing to the market growth. Additionally, the extensive utilization of fermented ingredients in the animal feed and pharmaceutical industryis creating a positive outlook in the market.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Amino Acids
  • Organic Acids
  • Polymers
  • Vitamins
  • Industrial Enzymes
  • Antibiotics
  • Others

Breakup by Form:

  • Dry
  • Liquid

Breakup by Process:

  • Batch Fermentation
  • Continuous Fermentation
  • Aerobic Fermentation
  • Anaerobic Fermentation

Breakup by Application:

  • Food and Beverages
  • Feed
  • Pharmaceutical
  • Paper
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Ajinomoto Co. Inc
  • AngelYeast Co. Ltd.
  • Archer-Daniels-Midland Company
  • Associated British Foods plc
  • BASF SE
  • Cargill Incorporated
  • Chr. Hansen Holding A/S
  • Dohler
  • DuPont de Nemours Inc.
  • Evonik Industries AG (RAG-Stiftung)
  • Koninklijke DSM N.V.
  • Lallemand Inc.
  • Lonza Group AG.

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