Lucintel's latest market report analyzed that fermented ingredient provides attractive opportunities in food and beverage, pharmaceutical, and personal care industries. The Fermented ingredient market is expected to grow with a CAGR of 9%. In this market, amino acid is the largest segment by ingredient type.
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Based on ingredient type, the fermented ingredient market is segmented into
amino acids, organic acids, biogas, polymer, vitamins, antibiotics, and
industrial enzymes. The amino acids segment accounted for the largest share of
the market in 2020 and is expected to register the highest CAGR during the
forecast period.
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“Fermented Ingredient Market”
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The Fermented Ingredient
Market is marked by the presence of several big and small players. Some of the
prominent players offering fermented ingredient include E.I. Dupont De Nemours
and Company, Ajinomoto Corporation, Koninklijke DSM, CHR. Hansen, BASF, Lallemand,
Angelyeast, Döhler Group, Cargill Incorporated, and Lonza.
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to make confident business decisions in this globally competitive marketplace. For
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Brandon Fitzgerald
Lucintel
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Texas, USA
Email: brandon.fitzgerald@lucintel.com
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