Anaerobic fermentation will remain the most ideal process for making fermented foods and beverages during the evaluation period. Growing vegan population and growing demand for healthy foods and beverages driving market growth in Japan
NEWARK, Del, July 25, 2022 /PRNewswire/ — The World fermented foods and beverages market is expected to experience a growth rate of 5.6% between 2022 and 2032, totaling a valuation of US$989.2 billion by 2032. Rising production and consumption of fermented foods and beverages globally is a key factor increasing the growth of the global fermented foods and beverages market.
Eggs, meat and dairy products from factory farms have been the main sources of protein and other nutrients. However, amid growing intolerance of carbon footprinting and rising concerns about animal cruelty, food manufacturing companies and consumers are looking for alternative solutions.
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As a result, the demand for functional meat derived without harming animals as a fermented food is booming. Various food manufacturing companies have shifted their preference towards developing healthy and nutritious fermented food products. For example, Clara Foods, a food technology company based on San Franciscois driven to help consumers meet their dietary needs while developing a fermentation process to create animal-free egg protein with the same functionality and taste as the original product, challenging many egg-based alternatives plants.
Another example includes Perfect Day Foods, a brand that creates animal protein from casein and whey without using animal cells. The product is obtained with a microflora with a specific genetic scheme accessible online to provide the species with the ability to generate milk proteins, identical to those found in cow’s milk. Moreover, the flora can be kept on plant inputs and sugar, while it can naturally produce cholesterol-free, lactose-free, antibiotic-free and hormone-free milk protein.
Key insights from market research
- The fermented foods and beverages market has reached US$575.6 billion in 2022 and is likely to increase at the CAGR of 5.6% until 2032.
- By ingredient type, the probiotics segment is likely to contribute the most to the global fermented foods and beverages market during the forecast period.
- On the basis of end-use, vegetables and meat are expected to be the highest paying segment of the global fermented foods and beverages market.
- The United States will remain the most lucrative fermented food and beverage market over the assessment period.
- In a context of increasing production and consumption of fermented products, the Japan The market is expected to show a stable growth rate over the next few years.
- The demand for fermented foods and beverages is expected to grow at a significant rate in China over the forecast period.
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“The combination of modern technology with different fermentation techniques allows biotechnology companies to generate animal protein products without any direct presence of animals in these products. This presents a challenge for the egg, meat and dairy industries, and will ultimately bode well for fermented foods and beverages. industry” says an analyst from Future Market Insights.
Leading fermented food and beverage brands are seeking new strategic partnerships to expand applications in the food and beverage industry, as well as dairy and bakery, while core commercial brands focus on developing solutions nutritional and high quality food for customers with several product innovations.
Ø in July 2021Nature’s Fynd, a sustainable bioproducts company, raised a cry $350 million, while its cream cheese, sausage and similar products have increased for a limited offer of online sales. The company creates a protein called Fy by using strains of flavolapis and Fusarium fungi in the biomass fermentation method, which can be used as a protein ingredient, having various applications in food and beverages.
Key players in the global fermented foods and beverages market
- Cargill, Inc.
- BASF SE
- Archer Daniels Midland Company
- Koninklijke DSM AG
- Dupont de Nemours and company
- Danone S.A.
- Fonterra Co-Operative Group Limited
- Nestlé SA
- AB InBEV
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Explore more valuable insights
Future Market Insights in its new report offers an unbiased analysis of the Global Fermented Foods and Beverages Market, presenting historical data (2017-2021) and estimation statistics for the forecast period 2022-2032.
The study offers compelling information based on the type of ingredient (prebiotics, probiotics, vitamins, industrial enzymes, organic acids, amino acids and others), the fermentation process (anaerobic fermentation, aerobic fermentation, continuous fermentation, batch fermentation and others) and the end (bakery-confectionery, dairy products, alcoholic beverages, non-alcoholic beverages, infant formula, food supplements, vegetables and meats, animal feed products, etc.), in seven major regions of the world.
Fermented Foods and Beverages Market by Category
By type of ingredient:
- Industrial enzymes
- organic acid
- Amino acids
By fermentation process:
- Anaerobic fermentation
- Aerobic fermentation
- Continuous fermentation
- Batch fermentation
By end use:
- Bakery & Confectionery
- Dairy products
- Alcoholic beverages
- Soft drink
- Infant formula
- Food supplements
- Vegetables and Meat
- Animal feed products
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
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About Future Market Insights Food and Beverage Division
The food and drinks The Future Market Insights team provides all the information and advisory analysis needed to meet the unique business intelligence needs of clients around the world. With a catalog of over 500 reports relating to the latest food and beverage industry statistics and analysis, the team is happy to meet any business intelligence research and consulting requirements.
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