Fermented Ingredients Market
Fermented Ingredients Market
The market for Fermented Ingredients was estimated at $34.93 billion in 2024; it is anticipated to increase to $69.7 billion by 2030, with projections indicating growth to around $123 billion by 2035.
Global Fermented Ingredients Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Fermented Ingredients market is projected to grow from $34.9 billion in 2024 to $110 billion in 2034. This represents a CAGR of 12.2%, reflecting rising demand across Food and Beverage Production, Cosmetics and Personal Care Production and Pharmaceutical Manufacturing.
- The market leaders Cargill Incorporated E.I. du Pont de Nemours and Company and Koninklijke DSM N.V drive the competitive dynamics of this market.
- U.S. and China are the top markets within the Fermented Ingredients market and are expected to observe the growth CAGR of 11.0% to 14.6% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 8.5% to 12.8%.
- The market for Fermented Ingredients will experience $10.1 billion in additional growth because of the expected transition toward natural and organic products during the next decade.
- The Fermented Ingredients market is set to add $75.5 billion between 2024 and 2034, with manufacturer targeting Pharmaceuticals & Personal Care & Cosmetics Application projected to gain a larger market share.
- With Rising health consciousness, and Expanding food and beverage industry, Fermented Ingredients market to expand 216% between 2024 and 2034.
Opportunities in the Fermented Ingredients
The increasing worldwide focus on health and well being has sparked growth in the market for foods and beverages. Fermented components are gaining popularity for their benefits and significant impact, on digestive health and can be included in a variety of functional food and beverage offerings.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising Health Consciousness, and Technological Advancements in Fermentation Processes
Restraint: Regulatory Hurdles
Opportunity: Fermented Ingredients in Sustainable Agriculture and Growing Demand for Fermented Cosmetics
Challenge: High Production Costs
Supply Chain Landscape
DuPont
Ajinomoto
BASF
Koninklijke DSM
Chr. Hansen
Cargill
Archer Daniels Midland Company
DowDuPont
Kerry Group
DuPont
Ajinomoto
BASF
Koninklijke DSM
Chr. Hansen
Cargill
Archer Daniels Midland Company
DowDuPont
Kerry Group