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Global Info Research offers a latest published report on Fermented Food and Ingredients Market Analysis and Forecast 2019-2024 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 158 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Fermented foods are produced or preserved by the action of microorganisms. In this context, fermentation typically refers to the fermentation of sugar to alcohol using yeast, but other fermentation processes involve the use of bacteria such as lactobacillus, including the making of foods such as yogurt and sauerkraut. The science of fermentation is known as zymology.
Fermented Food and Ingredients is an important part of the modern lifestyle. The market is going to experience a rapid growth with the increasing need of healthy and convenient foods, as well as a need to relieve the growing gastrointestinal diseases.
In 2018, Global Fermented Food and Ingredients total market size was 34546 Million USD, with a steady growth in recent years, according to GIR analysis, the market is expected to reach 52566 Million USD by the end of 2025. One of the salient features of Fermented Food and Ingredients market is the cooperation with downstream notable distributors and food service businesses.
Geographically, the consumption market is leading by North America and Europe, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. In terms of year 2018, Europe holds the largest market share, with about 13267.5 Million USD sales revenue, followed by North America, with about 33.29% market share in 2018. APAC is expected to grow at the highest CAGR in forecast years.
Cargill, Danone and General Mills are the top 3 players in Fermented Food and Ingredients market, with about 10.75%, 10.02% and 7.41% market share separately in 2018. Other leading market players in Fermented Food and Ingredients market include FrieslandCampina, Nestlé, Kraft Heinz, DSM, Unilever, KeVita (PepsiCo), Hain Celestial etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
Each of the Fermented Food and Ingredients manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Fermented Food and Ingredients manufacturers keep keen on expanding their Fermented Food and Ingredients sales. To achieve better sales businesses, Fermented Food and Ingredients manufacturers usually invest on their marketing channel infrastructure every year.
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