Global Fermented Ingredients Market by Product (Vinegar, Cider), by Application (Pharmaceuticals, Food & Beverage) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global fermented ingredients market was worth USD 22.0 billion in 2018. It is forecast to grow at an 8.5% CAGR over the forecast period. The market's growth is due to rising obesity and digestive problems, as well as increased awareness of health issues among consumers.

Fermented ingredients are naturally acidic and are therefore good for digestion. Many manufacturers use these ingredients to prolong the shelf life of their products. This is a positive influence on market growth.

The industry's growth is also attributed to the rising global alcohol consumption. The most popular alcoholic drink is beer. This is made by fermenting different products like wheat and rice. This will ultimately fuel the industry's growth.

The product's many health benefits and increasing environmental awareness are driving demand. The market's growth is also being affected by the high usage of plastics made from fermenting sugar. Due to their wide application in different industries, the market for biodegradable materials is expected to grow from $1.1 billion in 2018 up to $1.7 billion by 2023.

Market growth can be impeded by inconsistency in raw material availability. Market growth is also impeded by the high cost of raw material procurement. However, rising demand from emerging economies like China, India, and Africa is expected to overcome these restraining factors, and propel the market towards the positive.

Market growth is expected to be driven by the growing biopharmaceutical sector. Biopharma is experiencing significant growth because of its efficiency. It is also considered the most elegant and sophisticated achievement innovation in modern science.

Application Insights

Fermented ingredients are used in a variety of industries, including food and beverages as well as pharmaceuticals. Food and beverage dominate the market for the product, accounting for over 65.0% of global revenue in 2018. The main drivers of this segment are growing population and increased consumption of ready-to-eat foods and beverages. The global beer market is growing due to increased consumption.

The fastest-growing segment is the pharmaceutical industry, growing at a CAGR 9.3% over the forecast period. Biopharma has seen a strong growth over the past few years, and the ingredients are a major part of that industry. Because of its high efficiency, bio-pharmaceuticals account for over 25% of the total pharmaceutical industry. This will drive the segment's growth in the future.

Product Insights

According to the product, the market for fermented ingredients can be divided into cider and vinegar. Vinegar was the most popular product for fermentation, accounting for over 40.0% of total revenue in 2018. Its wide use in bakery, confectionary, dairy, animal feed, and household is responsible for the product's growth.

Cider is the fastest growing product segment. It will grow at 9.2% CAGR over the forecast period. It is used to clean, wash hair, preserve food and improve skin function. Its demand will rise due to increasing awareness and increased use of preservatives by food manufacturers to prolong shelf life.

The production of different types of wine also makes use of cider. India is the country with the highest growth rate for cider, due to its increasing wine consumption over the last few years. The majority of India's population is young, so they are open to new experiences, which is driving the growth of the wine industry.

Regional Insights

Europe was the dominant market in 2018, accounting 35.0% of total revenue. It is expected to continue its dominance in the future. France is the largest contributor to market growth, and it is also one of the fastest-growing markets in Europe. The key to boosting Europe's market growth is the high consumption of alcohol, cheese, yogurt. The U.K. plays an important role in driving product demand on the regional market.

Asia Pacific will be the fastest-growing region market with a CAGR in excess of 9.6% during the forecast period. The market's growth is due to the increasing population in India and China, Westernization, rising per capita income, and growing awareness of the health benefits of fermented foods among young people. The region's market growth is positively influenced by India and China, which account for more that 34.0% of the world population.

Market Share in Fermented Ingredients

Vander Mill, Citizen Cider LLC, India Cocoa; Red Boat and Squid are key players in this market. Hansen Holding A/S; Angel Yeast Co. Ltd.; E.I. du Pont de Nemours and Company, and Lonza. New entrants will find that the market has moderate to low entry barriers. Market players' product innovation and long-term mergers and acquisitions drive the overall market. Green Plains purchased Fleischmann's Vinegar Company in 2016 as the largest vinegar producer.

Market Report Scope Fermented Ingredients

The Report Covers Certain Segments

This report predicts revenue growth at all levels, including regional and national, and analyzes the most recent industry trends for each sub-segment between 2015 and 2025. Grand View Research segmented the global market for fermented ingredients on the basis of product, application, and region.

• Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Food & Beverage

  • Pharmaceuticals

  • Other

• Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Vinegar

  • Cider

  • Other

• Regional Outlook (Revenue USD Billion, 2015-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • France

    • U.K.

  • Asia Pacific

    • India

    • China

  • Middle East

    • UAE

  • CSA

    • Argentina

These are the most frequently asked questions about this report

b. Global fermented ingredients market was valued at USD 23.87 Billion in 2019, and is projected to grow to USD 25.89 Billion by 2020.

b. Global fermented ingredients sales are expected to increase at 8.5% per year from 2019 to 2025, reaching USD 39.0 billion in 2025.

b. With a 35.15% share in 2019, Europe was the market leader in fermented ingredients. This can be attributed to the increasing consumption of alcohol and cheese as well as yogurt.

b. The key players in the market for fermented ingredients are Vander Mill, Citizen Cider LLC, India Cocoa; Red Boat and Squid; Lallemand Inc. Hansen Holding A/S; Angel Yeast Co. Ltd.; E.I. du Pont de Nemours and Company, and Lonza.

b. Market growth is being driven by the increasing prevalence of obesity and digestive problems, as well as a growing awareness about health among consumers.

Up Market Research published a new report titled “Fermented Ingredients Market research report which is segmented by Product (Vinegar, Cider), by Application (Pharmaceuticals, Food & Beverage), By Players/Companies which was the leading vinegar producer, in 2016, Green Plains acquired Fleischmann’s Vinegar Company, Vander Mill; Citizen Cider LLC; India Cocoa; Red Boat; Squid; Lallemand Inc; Chr Hansen Holding A/S; Angel Yeast Co Ltd; EI du Pont de Nemours and Company; and Lonza The market presents moderate to low entry barriers for the new entrants The overall market is driven by product innovation by the market players and mergers and acquisitions in the long term For instance”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Fermented Ingredients Market Report Segments:

The market is segmented by Product (Vinegar, Cider), by Application (Pharmaceuticals, Food & Beverage).

Fermented Ingredients Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Fermented Ingredients Market

Overview of the regional outlook of the Fermented Ingredients Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Fermented Ingredients Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Fermented Ingredients Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Vinegar

                2. Cider

                1. Pharmaceuticals

                2. Food & Beverage

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Fermented Ingredients Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Fermented Ingredients Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.