Fermented Foods Market Size, Share, Trends, Growth, Global Industry Demand 2022-2027
According to IMARC Group’s latest report, titled “Fermented Foods Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global fermented foods market is expected to exhibit a CAGR of 5.6% during 2022-2027. Fermented foods refer to the edibles produced by the process of fermentation with the aid of various microorganisms, such as bacteria and yeast. The utilization of such procedures enhances the flavor and texture of original food products and infuses them with additional enzymes and nutrients. Fermented foods usually comprise high concentrations of probiotics and omega-3 fatty acids that help improve digestion, strengthen the immune system and mitigate the risk of severe diseases. Additionally, fermented foods contain lactic acid, which inhibits the growth of hazardous bacteria by lowering pH levels while serving as a bio preservative.
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Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Market Trends:
The rising demand for beverages, such as probiotic fermented milk and kombucha tea, especially amongst health-conscious consumers, represents one of the key factors driving the fermented foods market growth. Moreover, the rising trend of veganism and the increasing consumers’ preference toward plant-based diets are fuelling the uptake of fermented foods, including kimchi, tempeh, and sauerkraut, which, in turn, is acting as a major growth-inducing factor. Besides this, significant investments in research and development (R&D) activities and the increasing usage of fermented foods in animal feeds are propelling the market growth. Other factors, such as advancements in the fermentation technology, and the introduction of product variants with prolonged shelf-life, are creating a positive outlook of the market.
Fermented Foods Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the fermented foods market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Ajinomoto Co. Inc.
- Angel Yeast Co. Ltd.
- Archer Daniels Midland Company
- Cargill Incorporated.
- Chr. Hansen Holding A/S
- Conagra Brands Inc.
- Danone
- Dohler GmbH
- General Mills Inc.
- Kerry Group plc
- KeVita Inc (PepsiCo Inc.)
- Koninklijke DSM N.V.
- Lallemand Inc.
- Mars Incorporated
- Meiji Holdings Co. Ltd.
- Mondelez International
- Nestlé S.A.
- Royal FrieslandCampina N.V.
Key Market Segmentation:
The report has segmented the global fermented foods market based on food type, ingredient type, fermentation process, distribution channel and region.
Breakup by Food Type:
- Fermented Dairy Products
- Fermented Beverages
- Fermented Confectionery and Bakery Products
- Fermented Vegetables
- Others
Breakup by Ingredient Type:
- Amino Acids
- Organic Acid
- Vitamins
- Industrial Enzymes
- Others
Breakup by Fermentation Process:
- Batch Fermentation
- Continuous Fermentation
- Aerobic Fermentation
- Anaerobic Fermentation
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Online Stores
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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