Global Fermented Ingredients Market Set to Reach USD 3.9 Billion by 2033, Driven by Health Trends and Consumer Demand | Future Market Insights, Inc.

Rising prevalence of digestive problems and obesity as well as increasing health awareness among consumers are some of the key factors for the growth of the fermented ingredients market.

NEWARK, DE / ACCESSWIRE / September 30, 2024 / The global fermented ingredients market is on track to achieve a remarkable valuation of USD 93.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.7% from 2023 to 2033, according to a comprehensive market analysis by FMI This growth is propelled by a rising global interest in fermented products, health consciousness, and the increasing demand for food preservation.

Key Drivers of Market Growth

• Surging Popularity of Fermented Products: The burgeoning interest in fermented food categories, such as Liberte Kefir and artisanal sourdough, is expanding market opportunities. Consumers are increasingly seeking products that provide health benefits, such as enhanced digestion and gut health.

• Dietary Shifts: With the growing population of wheat-sensitive consumers and those following specialized diets, fermented foods are becoming essential for maintaining a low glycemic index, further stimulating demand.

• Health Awareness: Increasing knowledge regarding the health benefits of organic acid, vitamins, and probiotics in fermented ingredients is driving consumer choices toward these products.

• Convenience Foods: The rising demand for convenient food items with extended shelf lives is boosting the need for fermentation and preservation ingredients, leading to higher market growth.

• Consumer Preference for "Real Ingredients": As consumers shift towards healthier eating, purchases are increasingly influenced by the inclusion of natural, fermented ingredients that enhance both flavor and nutrition.

Regional Insights into the Fermented Ingredients Market

Key Takeaways from the Fermented Ingredients Market

• The global fermented ingredients market is set to reach USD 93.9 billion by 2033, growing at a 6.7% CAGR.

• Health awareness is driving consumer demand for fermented foods due to their digestive and gut health benefits.

• Fermented ingredients are expanding beyond food to include skincare products leveraging their probiotic properties.

• The U.S. market will lead at USD 31.7 billion by 2033.

• China market is projected to grow the fastest at 10.9% CAGR.

• Major companies are focusing on R&D to innovate and improve sustainable fermented products.

• Increased demand for convenient foods with extended shelf life is boosting the use of fermentation for preservation.

"Growing health consciousness among consumers is significantly boosting demand for fermented ingredients, especially due to their well-documented gut health benefits. Additionally, the expansion of these ingredients into the skincare sector adds another layer of appeal, as consumers increasingly seek products that promote overall wellness and natural beauty." - says Nandini Roy Choudhury, Client Partner at Future Market Insights.

Prominent Drivers of the Fermented Ingredients Market

• Demand for Natural Ingredients: Consumers are gravitating toward products made with "real" and natural ingredients, making fermented items more appealing.

• Specialized Diets: The rise of dietary trends, such as gluten-free and low glycemic index diets, is leading more consumers to seek fermented products.

• Probiotics Popularity: The increasing popularity of probiotics in promoting digestive health is driving sales of fermented food and beverages.

• Culinary Trends: The rise of artisanal and gourmet foods has heightened interest in unique fermented products, such as craft kombucha and sourdough bread.

• Skincare Innovations: The incorporation of fermented ingredients in skincare products appeals to health-conscious consumers seeking natural beauty solutions.

• Sustainability Focus: The shift toward sustainable and eco-friendly food production methods is promoting the use of fermentation as a preservation technique.

Challenges Faced by the Fermented Ingredients Market

• Regulatory Hurdles: Compliance with food safety regulations and labeling requirements can be complex and vary by region, posing challenges for manufacturers.

• Quality Control: Ensuring consistent quality and safety in fermentation processes can be difficult, especially with variations in raw materials and production conditions.

• Consumer Misconceptions: Despite growing interest, some consumers may have misconceptions about fermented products, perceiving them as less safe or effective.

• Market Competition: The increasing number of new entrants and alternative products in the health food sector intensifies competition, making it hard for established brands to maintain market share.

• Supply Chain Disruptions: Fluctuations in the availability and prices of raw ingredients due to environmental factors can impact production and profitability.

• Limited Awareness: While interest is growing, there is still a segment of consumers who may not be fully aware of the benefits of fermented ingredients, limiting market penetration.

Competitive Landscape of the Fermented Ingredients Market

Companies in the fermented ingredients sector are focusing on innovative product launches and significant research and development efforts. For instance, Cargill Inc., a prominent food producer, has established an aquaculture research lab dedicated to developing new diets through fish fermentation.

FMI has released comprehensive insights into the pricing strategies of fermented ingredient manufacturers across various regions, along with data on sales growth, production capacity, and potential expansion plans.

Key Companies in the Invert Fermented Ingredients Market

• Ajinomoto Corporation Inc

• Allied Bakeries

• Angel yeast Co., Ltd.

• Associated British Food (ABF)

• Bakels

• BASF SE

• Cargill Incorporated

• CHR. Hansen A/S

• CSK Food Enrichment

• Dawn Food Products

Access the Full Report Fermented Ingredients MarketTrends and Projections Now! https://www.futuremarketinsights.com/reports/fermented-ingredients-market

Key Segments of Report

By Form:

• Liquid

• Dry

By Product Type:

• Amino Acids

• Organic Acids

• Biogas

• Polymer

• Vitamins

• Antibiotics

• Industrial Enzymes

By Application:

• Food & Beverages

• Pharmaceuticals

• Paper

• Feed

• Personal Care

• Biofuel

• Others

By Process:

• Batch Fermentation

• Continuous Fermentation

• Aerobic Fermentation

• Anaerobic Fermentation

By Region:

• North America

• Latin America

• Europe

• South Asia

• East Asia

• Oceania

• Middle East & Africa (MEA)

Authored by:  

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.   

She has exceptional analytical skills and often brings thought leadership to the table.  

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. 

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.  

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor. 

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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SOURCE: Future Market Insights Inc.