Market Trends of North America Fermented Ingredient Industry
This section covers the major market trends shaping the North America Fermented Ingredient Market according to our research experts:
Increase in Demand for Fermented Functional Beverage
United States and Canada Witness a Significant Growth in Fermented Ingredients Market
Developed countries, such as the United States and Canada are expected to drive the demand for fermented ingredients in North America during the forecast period, owing to rising demand for high-quality food and personal care products in the countries. Moreover, in addition to beverages, dairy’s clean-label ingredients are popping up in applications, such as soups, snacks, and dips, which is expected to influence the sales of fermented ingredients in the North American region. In North America, the Japanese firm, Ajinomoto holds a significant market share in the amino acid market, whereas, DSM and BASF also hold substantial shares in the fermented ingredient market.
