(Entertainment-NewsWire.com, January 09, 2018 ) Fermented Ingredients Market by Type (Amino Acids, Organic Acids, Biogas, Polymers, Vitamins, Industrial Enzymes), by Application (Food & Beverages, Feed, Pharmaceuticals, Paper), Form (Dry, and Liquid), by Process (Batch Fermentation, Continuous Fermentation, Aerobic and Anaerobic Fermentation) and Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021).
Global Fermented Ingredients Market was worth USD 21.2 billion in 2016 and is estimated to grow at a CAGR of 8.9%, to reach USD 32.53 billion by 2021. Fermentation is the process which is done to acquire a desired or desirable chemical product. It is conducted in the presence of microorganisms such as yields and some bacteria and usually takes place in anaerobic conditions. In this process, ingredients are biologically enhanced to increase the nutritional value.
This process allows natural bacteria to grow on food which is already soaked in salt water. The bacteria feed upon the carbohydrates and generate lactic acid and results in preserved food. Vitamin B, enzymes and some fatty acids are also formed in this process. This fermented food can also provide the bacteria required for healthy digestion. Regular intake of fermented food has many health benefits such as increase in the nutrient absorption, detoxification of body and also promotes gut health.
With the increase in consumption of fermented products all over the world, demand for fermented ingredients is increasing. Increase in awareness among people regarding preservation of food and to increase the shelf life of products fermentation has become essential in food and beverage industries. All these factors are responsible for driving the growth of fermented ingredients market. However, lack of proper availability of raw materials and high costs associated with them and high initial investments are the major factors restraining the growth rate of the market.
Market Segmentation: 1 Type 2 Application 3 Form 4 Process
The Global market for fermented ingredients is segmented on the basis of type, application, form, process and region. Based on type, the market is segmented into Amino Acids, Organic Acids, Biogas, Polymers, Vitamins, and Industrial Enzymes. Amino acids hold the largest market share due to its increased demand in food and beverage industries. Based on application, the market for fermented ingredients is segmented in to Food & Beverages, Feed, Pharmaceuticals, and Paper. Food and beverages segment is further segmented into Bakery, Brewery and Distilling and Dairy Products. Food and beverages industry segment dominate the market due to the increased demand for processed foods and also fermented ingredients are highly used in the industries to increase the shelf life of food products. Based on form, the market is segmented into dry form and liquid form. Fermented ingredients in dry form are projected to be the fastest growing segment. Based on fermentation process, the market is segmented into Batch Fermentation, Continuous Fermentation, Aerobic and Anaerobic Fermentation. Anaerobic fermentation holds the largest market share in this segment because of its increased number of applications in beverages industry.
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Based on geography, Global Fermented Ingredients Market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa regions. North America holds the largest market share due to the huge consumption of fermented ingredients in this region by end-use industries. Asia-Pacific region is expected to be the fastest growing market segment due to the increase in demand for food and beverage products in this region.
Some of the major companies which manufacture fermented ingredients are E. I. du Pont de Nemours and Company (U.S.), Angel Yeast Co. Ltd. (U.S.), Ajinomoto Corporation Inc. (Japan), Koninklijke DSM N.V. (Netherlands), Chr. Hansen A/S (Denmark), Dohler Group (Germany), Lallemand Inc. (Canada) and Lonza (Switzerland).
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