Fermented Ingredients Market Revenue | CAGR of 11.12%

22 Oct 2024

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Table of Content

1. Fermented Ingredients Market Revenue and Trends 2. Market Overview 3. Report Highlights of the Fermented Ingredients Market 4. Fermented Ingredients Market Trends 5. Regional Analysis 6. Fermented Ingredients Market Coverage 7. Market News

Fermented Ingredients Market Revenue and Trends

The fermented ingredients market revenue surpassed USD 39.25 billion in 2024 and is predicted to attain around USD 101.38 billion by 2033, growing at a CAGR of 11.12% during forecast period. The demand for fermented ingredients is rising in the food processing industry. Fermented ingredients enhance the quality and shelf life of food items, such as bakery and dairy products. The rising demand for fermented food and beverages due to the rising awareness about their health benefits further contributes to market expansion.

Market Overview

The demand for fermented foods is rising among health-conscious people as they offer several health benefits, such as improved gut health and stronger immunity. These foods are rich in probiotics, which are beneficial for heart health and reduce the risk of infections and diabetes. The fermentation process breaks down nutrients in food and makes them easy to digest. The increasing shift toward natural and organic, clean-label products and the rising awareness of health and wellness are expected to boost the growth of the market in the coming years.

The rising implementation of advanced technologies like artificial intelligence that monitor and analyze the fermentation process also makes it easier to boost production efficiency and reduce waste. In addition, the implementation of machine learning algorithms that help in checking the quality of the batches and also improve the production rate and speed contribute to market expansion. The rising demand for probiotics among consumers and evolving culinary trends focusing on unique flavors and health benefits may boost the adoption of fermented ingredients in several foods and beverages. 

• In May 2024, Shiru, a California-based startup, launched a first-of-its-kind discovery platform and marketplace for proteins that enable companies to harness its AI and machine learning capabilities to identify and test proteins for high-intensity sweeteners to emulsifiers. 

Report Highlights of the Fermented Ingredients Market

• On the basis of type, the organic acids segment dominated the market in 2023 due to their increased demand in various sectors like food & beverage, agriculture, and pharmaceutical. Organic acids like lactic acid, acetic acid, and citric acid are used in food processing as they help to maintain the pH levels, enhancing the food flavor, quality, and safety. Moreover, adding organic acids to processed foods helps improve gastrointestinal functions and metabolism. On the other hand, the amino acids segment is projected to grow rapidly in the coming years. This is mainly due to their high usage in functional food and dietary supplements. The rising demand for dietary supplements further boosts segmental growth.
• Based on form, the liquid segment led the fermented ingredients market with the considerable share in 2023 due to the rising consumption of liquid fermented ingredients. These ingredients extend the shelf life and enhance food items' flavors and functional properties. Vinegar and kombucha are concentrated liquid fermented products that are gaining immense popularity due to their several health benefits. However, the dry segment is projected to register the highest CAGR during the forecast period. This is due to their versatility and ease of storage.
• On the basis of process, the batch fermentation segment dominated the market for fermented ingredients. This process is widely used to produce fermented products like cheese, yogurt, and alcoholic beverages.
• In terms of application, the food & beverage segment led the market in 2023. The rising demand for healthy and functional foods and the rising health awareness are major factors contributed to segment’s dominance. In addition, rapid shift toward natural and organic products that use probiotics, enzymes, and organic acids bolstered the segment.

Fermented Ingredients Market Trends

• Increasing demand for natural products: The increasing awareness about the drawbacks associated with artificial additives and preservatives is a major factor boosting the demand for naturally fermented food items. Moreover, rising health concerns encourage consumers to look for fermented food items because of their several health benefits. Organically fermented ingredients such as enzymes, amino acids, and organic acids enhance the quality of food products and improve the digestive system.  
• Rising competition: The market is witnessing a surge in competition, with key players driving innovation to meet the diverse needs of consumers. For instance, in October 2024, Arla Foods introduced its new high-protein bars, a testament to the company's commitment to innovation. These bars, with their natural positioning, pack high levels of proteins into a snack bar, combined with dairy calcium ingredients Capolac, dates, and nuts. The product is designed to offer clean-label alternatives, containing only 10 ingredients with no maltitol or added sugar.  
• Rising demand for plant-based fermented products: With the rapid shift toward natural and vegan food products, the demand for plant-based fermented products is rising. This encourages manufacturers to find various fermentation ingredients derived from rice, soy, and peas.  

Regional Analysis

Europe dominated the fermented ingredients market with the largest share in 2023 due to the increasing demand for probiotics and fermented food items. The high demand for quality and healthy foods further contributed to regional dominance. However, the fermentation process reduces the use of preservatives and improves the quality and shelf life of food items. On the other hand, Asia Pacific is projected to witness the fastest growth in the market throughout the forecast period. This is mainly due to the rising demand for probiotics and awareness about gut health. In addition, the rapid expansion of the food processing industry fuels the market growth in the region.

Fermented Ingredients Market Coverage

Market News

• In September 2024, Israeli startup DairyX developed authentic milk proteins without cows, using precision fermentation.  

Market Segmentation

By Type

• Organic Acids
• Amino Acids
• Antibiotics
• Industrial Enzymes
• Polymer
• Vitamins
• Biogas

By Form

• Liquid
• Dry

By Process

• Continuous Fermentation
• Batch Fermentation
• Anaerobic Fermentation
• Aerobic Fermentation

By Application

• Feed
• Food and Beverage
• Pharmaceuticals
• Personal Care
• Paper
• Biofuel
• Textile and Leather

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