According to the research report titled ‘GLOBAL FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027’ available with Market Study Report, global fermented food and ingredients market is projected to register a CAGR of 4.26% during 2019-2027
 

Factors such as escalating demand for food preservation, evolving dietary habits of the population, and growing awareness regarding benefits of a healthy lifestyle are propelling the growth of global fermented food and ingredients market share.
 

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Additionally, strategic alliances, acquisitions, and mergers by industry players are creating lucrative opportunities for the market expansion. However, increasing preference towards fresh food products coupled with the adverse health effects associated with the product are expected to hamper the global fermented food and ingredients industry growth throughout the analysis timeframe.
 

From a regional frame of reference, the overall market is classified into North America, Middle East & Africa, Europe, Latin America and Asia-Pacific, with primary focus on countries such as South Africa, Saudi Arabia, Turkey, UAE, Mexico, Brazil, Australia & New Zealand, South Korea, Japan, China, India, Russia, Italy, Spain, Germany, France, U.K., Canada and the U.S. among others.
 

According to the report, Asia-Pacific accounts for majority of the global fermented food and ingredients market shares and is predicted to witness substantial expansion through 2027. Strong presence of major food companies along with availability of numerous local delicacies in nations like India, Korea, Malaysia, and Japan are fostering the expansion of the regional industry.
 

The organizations that define the global fermented food and ingredients market trends are Koninklijke DSM N.V. (Royal DSM), Evonik Industries AG, CSK food enrichment BV DuPont de Nemours, Inc., General Mills, Inc., Cargill Inc., Flowers Foods, Inc., Danone SA, and Archer-Daniels-Midland Company (ADM).