The fermentation ingredients sector is currently being driven by various factors such as evolving consumer preferences towards this method of food processing; technological advancements; and markets opening up across various sectors. An example of such development is increased demand for natural or clean label fermented inputs used in making beverages and foods like fruit purees/bases/concentrates etc. This makes it an issue because customers are getting more aware about what they eat hence going for naturally obtained fermented materials from fruits, vegetables, cereal grains among others.
Additionally, people have become interested in fermented foods due to health reasons coupled with unique tastes that come along with them. For centuries this traditional preservation process has been used on different kinds of foods including yogurt cheese sauerkraut kimchi kombucha sourdough breads etc. Further awareness about gut health maintenance including the use of microbiome has led to a rise in demand for fermented products, which can provide probiotics and other beneficial microorganisms.
The increasing level of use of fermentation technology in multiple sectors such as drug manufacturing, nutraceuticals, cosmetics and bio-fuels is another notable trend in the market for fermentation ingredients. Microbial fermentation is an efficient way to produce many different types of valuable substances including bioactive molecules, vitamins and enzymes among others. Because of advancements in biotechnology and fermentation science, fermentation has become a preferred choice as a more environmentally friendly alternative to conventional chemical synthesis methods.
Besides that there have been several trends observed in the market since COVID-19 that have its impact on it. Consequently, the pandemic led to disruptions in supply chains consumer behavior changes as well as economic uncertainties that led to an increase in demand for fermentation inputs into essential goods such as foodstuffs including medicines or personal care items. At the same time food security and safety with good shelf stability are some of the attributes driving preference for using functional fermented inputs offering properties like preservation enhancement of taste texture among others when making various types of foods.
Covered Aspects:Report Attribute/Metric | Details |
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Market Opportunities | The rising popularity of Food and beverages products made by using fermentation ingredients |
Market Dynamics | Increasing demand for fermentation ingredients |
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