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Fermentation Ingredients Market Analysis

ID: MRFR//1564-CR | 130 Pages | Author: Varsha More| May 2017

In-depth Analysis of Fermentation Ingredients Market Industry Landscape

The increase in fermented foods’ acceptance as well as drinks is one of the most important factors driving growth into this sector (fermentation ingredient). Fermented food items such as kimchi, sauerkraut, yoghurt, cheese and kombucha have become extremely popular due to their distinctive taste, texture and nutrition. Fermentation process makes food digestible & also increases its life shelf hence it is commonly used when making foods that will enhance the growth of beneficial bacteria especially probiotics that aid in gut health and immune systems. As a result, demand for fermentation ingredients has risen sharply given that individuals are seeking functional food products with more probiotics for better health.

The fermentation ingredients market has been affected by consumer shift towards natural clean-labels. People are now more inclined to take foods and beverages which have recognizable ingredients that are simple, safe from additives and preservatives such as those involved during fermentation like starter cultures or yeast enzymes rather than synthetic ones. Moreover, vegetarianism and veganism have resulted in an escalating need for non-animal source fermentation inputs like microbial cultures or plant-based enzymes.

Technological advancements have played a significant role in driving innovation and growth within the fermentation ingredients market. Some of these methods include controlled fermentation, continuous fermentation and solid-state fermentation among others which enable production of high-quality consistent fermented products on large scale. Novel ferments with enhanced functionality as well as stability plus improved performance can be developed through enzyme engineering coupled with improving strains selection during fermentations optimizing these processes too.

This has become a significant issue for the fermentation ingredients market because many of these are influenced by regulatory frameworks. Therefore, there are several rules that regulate the food safety, labeling and quality standards which affects how the industry operates and how consumers view things. Fermentation ingredient producers must abide with laws concerning food additives, microbial safety and fermentation processes to be in accordance with relevant statutory provisions in order to gain consumer trust. Additionally, brand credibility and competitive edge in the market can also be achieved through compliance with organic and non-GMO certifications.

Competitive rivalry is stiff among players in the fermentation ingredients market who adopt product differentiation, branding strategies as well as marketing activities for positioning their offerings into the minds of consumers. In this regard, major actors include multinational suppliers of ingredients compared to small niche fermenters. It is important to note that brand reputation, product quality as well as price competitiveness are vital factors determining consumer purchasing behavior. Also, strategic partnerships with food processors or retailers or other firms that channel products directly to end users increase brand visibility thus helping penetrate markets.

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