According to Stratistics MRC, the Global Fermentation Ingredients Market is accounted for $27.92 billion in 2023 and is expected to reach $57.24 billion by 2030 growing at a CAGR of 10.8% during the forecast period.
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A biological process called fermentation requires sterility and uses cellular enzyme reactions assisted by inanimate catalysts at a certain temperature and pressure in place of chemical reactions. Food additives called fermented substances are used to initiate fermentation in food and non-food products in order to acquire the required chemical qualities.
Some of the key players in Fermentation Ingredients market include Ajinomoto Corporation Inc., Associated British Foods PLC, BASF SE, Cargill Incorporated, Dohler Group SE, Evonik Industries AG, Kyowa Hakko Kirin Co. Ltd, Lallemand Inc., Lesaffre and Lonza Group.
Processes Covered:
• Anaerobic Fermentation
• Aerobic Fermentation
• Continuous Fermentation
• Batch Fermentation
Forms Covered:
• Liquid
• Dry
Types Covered:
• Antibiotics
• Industrial Enzymes
• Vitamins
• Polymers
• Organic Acids
• Amino Acids
• Cider
• Vinegar
• Other Types
Applications Covered:
• Paper
• Pharmaceutical
• Feed
• Food and Beverages
• Personal Care
• Biofuel
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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