Fermentation Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.72 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Fermentation Ingredients Market Analysis
The global fermented ingredients market is expected to grow at a CAGR of 4.72 % during the forecast period.
- The global fermented ingredients market is witnessing an upsurge of rising consumer awareness regarding the benefits in the food and beverage, industrial, and personal care sectors. Additionally, significant growth in the animal feed sector and processed food products, in addition to the rising consumer interest in bio-based chemicals, is expected to propel growth in the fermentation ingredient market.
- Further, producers of bulk food and feed ingredients, such as amino acids, organic acids, and vitamins, use fermentation as the basis of their production. Modern industrial biotechnology processes use carefully selected and purified microbial cell cultures to produce an ever-increasing variety of ingredients and increase productivity. The feed sector is witnessing a boost in the market studied, significantly driven by rising consumption of meat among consumers, which leads to more livestock rearing in the global market, especially in South America, Asia-Pacific, and other regions.
- Moreover, the demand for cultured dairy products is augmenting globally. This demand is led by new product development, improved taste and versatility, and high marketing support, which are expected to boost the overall fermented ingredients market growth in the coming years. Additionally, introducing an eco-friendly production system from fermentation ingredients manufacturers and advanced technologies in the fermentation process will likely change market dynamics during the forecast period.
Fermentation Ingredients Market Trends
This section covers the major market trends shaping the Fermented Ingredients Market according to our research experts:
Increasing Demand for Fermented Ingredients in Cosmetics and Personal Care
- The cosmetics and personal care sector use sufficient bacteria, yeasts, and other fermented ingredients in skincare products to take care of the skin. Fermented ingredients have functional benefits for the overall health of the skin.
- The fermentation process increases the level of antioxidants in each ingredient, which helps slow down the skin's aging process. When used in topical skincare, this fermentation process increases the bioavailability of ingredients, which means that they can be absorbed at a deeper level. This is perfect for anyone with dehydrated skin. The fermentation process maintains the integrity of the ingredients.
- Most unfermented cosmetics are made by heating a mixed formula of ingredients to a high temperature and then cooling them, which can potentially reduce the effectiveness of the active ingredients.
- A fermented ingredient has a more acidic pH, which has a better affinity with the skin (with its naturally acidic pH). In addition, fermented ingredients also have anti-inflammatory properties. The fermentation process makes them rich in enzymes, which are able to soothe and prevent skin inflammation. Further, fermented ingredients in cosmetics and personal care cater to natural, organic, and chemical-free cosmetics, increasing their demand further in the market.
North America Holds the Largest Market Share
- Consumer interest in the potential health benefits of fermented foods and beverages is increasing as they are becoming aware of the benefits offered by fermented products as it improves the digestive system, which influences immunity and brain functions. Thus, boosting the demand for various fermented ingredients such as amino acids, enzymes, etc.
- The amino acid demand in the United States is fueled by increasing consumers' inclination toward high-protein diets for bodybuilding and general well-being. Branched Chain Amino Acids (BCAAs), namely valine, leucine, and isoleucine, are increasingly utilized in performance-nutrition solutions.
- Further, Canadian consumers prioritize basic dietary habits, such as lowering sugar intake and including natural and functional food. This focus on a healthier diet and current purchasing trends drive the demand for fermented ingredients in Canada.
- The dietary supplement sector of the Canadian marketplace has increasingly incorporated amino acids in its product formulations, targeting consumers looking to boost athletic performance or achieve body composition goals.
Fermentation Ingredients Industry Overview
The global fermented ingredients market is fragmented, as domestic players across each region hold most of the share. Major players operating in the region and having a stronghold in the segment are Lonza Group, Ajinomoto Corporation, Cargill Incorporated, Associated British Foods PLC, and BASF SE, among others. The geographical presence is also the main factor that has led these companies to prosper in the fermented ingredients segment. Significant players focus extensively on providing consumers with innovative offerings while including product penetration across most application segments. The leading players in the global fermented ingredients market enjoy a dominant presence worldwide. These players focus on leveraging opportunities posed by the emerging markets to expand their product portfolio to cater to the requirements for various applications, especially in the food and beverage segment and Industrial use.
Fermentation Ingredients Market Leaders
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Lonza Group
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Ajinomoto Corporation
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BASF SE
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Cargill Incorporated
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Associated British Foods PLC
*Disclaimer: Major Players sorted in no particular order
Fermentation Ingredients Market News
- In December 2022, Foodiq, a Nordic food innovator developed a new ingredient namely, Fabea+, which is a fermented fava. The company claimed that this fermented ingredient was more nutritious, sustainable, and saleable as compared to other plant proteins like soy, peas, and oats.
- In November 2022, Arla Food Ingredients launched its whey-based solution, having Lacprodan Hydro.365 and Nutrilac FO-8571, which can be used in high-protein fermented beverages as an alternative to protein.
- In July 2022, Cellevant launched its fermented turmeric ingredient having antibiotic properties and bioactive ingredients like postbiotics and parabiotics. The ingredient has its application in nutraceuticals and food and is European Union organic certified.
Fermentation Ingredients Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 Type
- 5.1.1 Amino Acids
- 5.1.2 Organic Acids
- 5.1.3 Polymers
- 5.1.4 Vitamins
- 5.1.5 Industrial Enzymes
- 5.1.6 Antibiotics
-
5.2 Form
- 5.2.1 Dry
- 5.2.2 Liquid
-
5.3 Application
- 5.3.1 Food and Beverages
- 5.3.2 Animal Feed
- 5.3.3 Pharmaceutical
- 5.3.4 Industrial Use
- 5.3.5 Other Applications
-
5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.1.4 Rest of North America
- 5.4.2 Europe
- 5.4.2.1 United Kingdom
- 5.4.2.2 Germany
- 5.4.2.3 France
- 5.4.2.4 Russia
- 5.4.2.5 Italy
- 5.4.2.6 Spain
- 5.4.2.7 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 Rest of Asia-Pacific
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle-East and Africa
- 5.4.5.1 South Africa
- 5.4.5.2 Saudi Arabia
- 5.4.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Strategies Adopted by Leading Players
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Lonza Group
- 6.3.2 Ajinomoto Corporation Inc.
- 6.3.3 BASF SE
- 6.3.4 Dohler Group SE
- 6.3.5 Cargill Incorporated
- 6.3.6 Associated British Foods PLC
- 6.3.7 Lallemand Inc.
- 6.3.8 Evonik Industries AG
- 6.3.9 Kyowa Hakko Kirin Co. Ltd
- 6.3.10 Lesaffre
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER
Fermentation Ingredients Industry Segmentation
Fermented ingredients refer to the ingredients that are produced through controlled microbial growth and enzymatic actions.
The fermented ingredients market is segmented by type, form, application, and geography. On the basis of type, the market is segmented into amino acids, organic acids, polymers, vitamins, industrial enzymes, and antibiotics. On the basis of form, the market is segmented into dry and liquid. On the basis of application, the market is segmented into food and beverages, animal feed, pharmaceutical, industrial use, and other applications. Additionally, the study provides an analysis of the fermented ingredients market in emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle-East & Africa.
The report offers market size and forecasts for the fermented ingredients market in value (USD million) for all the above segments.
| Type | Amino Acids | |
| Organic Acids | ||
| Polymers | ||
| Vitamins | ||
| Industrial Enzymes | ||
| Antibiotics | ||
| Form | Dry | |
| Liquid | ||
| Application | Food and Beverages | |
| Animal Feed | ||
| Pharmaceutical | ||
| Industrial Use | ||
| Other Applications | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | United Kingdom |
| Germany | ||
| France | ||
| Russia | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | South Africa |
| Saudi Arabia | ||
| Rest of Middle-East and Africa |
Fermentation Ingredients Market Research FAQs
What is the current Fermented Ingredients Market size?
The Fermented Ingredients Market is projected to register a CAGR of 4.72% during the forecast period (2024-2029)
Who are the key players in Fermented Ingredients Market?
Lonza Group, Ajinomoto Corporation, BASF SE, Cargill Incorporated and Associated British Foods PLC are the major companies operating in the Fermented Ingredients Market.
Which is the fastest growing region in Fermented Ingredients Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Fermented Ingredients Market?
In 2024, the North America accounts for the largest market share in Fermented Ingredients Market.
What years does this Fermented Ingredients Market cover?
The report covers the Fermented Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fermented Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Fermentation Ingredients Industry Report
Statistics for the 2024 Fermentation Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fermentation Ingredients analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
