MARKET INTRODUCTION
Fermentation is the anaerobic reaction that is used to produce alcohol from sugar. This reaction requires no oxygen to be present other than the oxygen atoms contained in the sugar. Therefore, the fermentation process is conducted in a sealed and air-tight container. Yeast is another ingredient required for the fermentation reaction to take place. Each fermentation category has different food ingredients and requires different starters to start the fermentation process. A starter contains good bacteria and boosts the fermentation process.
MARKET DYNAMICS
The fermentation ingredient market has witnessed significant growth owing to factors such as increasing demand for fermentation-derived products coupled with the rise in awareness among users for the consumption of quality food. Moreover, rapid growth in the food and beverage industry in developing regions such as the Asia Pacific and South America provides a huge market opportunity for the key players operating in the fermentation ingredient market. However, new entrants, a surge in prices of raw materials, and developments of synthetic alcohol production are projected to hamper the overall growth of the fermentation ingredient market.
MARKET SCOPE
The "Global Fermentation Ingredient Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fermentation ingredient market with detailed market segmentation by process, type, end-user industry and geography. The global fermentation ingredient market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fermentation ingredient market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fermentation ingredient market is segmented on the basis of process, type, and end-user industry. On the basis of process, the fermentation ingredient market is segmented into batch, continuous, and others. The fermentation ingredient market on the basis of type is classified into amino acids, antibiotics, polymers, and others. Similarly, on the basis of end-user industry the fermentation ingredient market is bifurcated into food and beverages, pharmaceutical, agriculture, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fermentation ingredient market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fermentation ingredient market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fermentation ingredient market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fermentation ingredient market in these regions.
MARKET PLAYERS
The reports cover key developments in the fermentation ingredient market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fermentation ingredient market are anticipated to lucrative growth opportunities in the future with the rising demand for Fermentation ingredient in the global market. Below mentioned is the list of few companies engaged in the Fermentation ingredient market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fermentation ingredient market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ajinomoto Corporation
- Angel Yeast Company ltd.
- Citizen Cider LLC
- India Cocoa
- Koninklijke DSM N.V
- Lallemand Inc.
- Lonza
- Olon S.p.A
- Purolite Corporation
- Vander Mill
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.