Europe Fermentation Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.80 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Fermentation Ingredients Market Analysis
The European fermented ingredients market is projected to register a CAGR of 7.8% during the forecast period, (2022-2027).
Fermented Ingredient Market is quickly reaching its pre-COVID 19 levels. A healthy growth rate is expected over the forecast period, driven by the V-shaped recovery in most developing nations. Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the supply chain posing challenges for manufacturers in the Fermented Ingredient Market. Intense competition, pricing issues, and shifting consumer preferences will continue to pressure vendors' profit margins.
The consumers' inclination toward using fermented food and ingredients is increasing, due to the benefits of such ingredients to the human digestive system, further helping increase immunity and brain functions.
The convenient and advanced production process of bioactive biomolecules, which has various industrial applications in the food and beverage industry, is driving market growth in Europe.
Europe Fermentation Ingredients Market Trends
This section covers the major market trends shaping the Europe Fermented Ingredient Market according to our research experts:
Rising Awareness about Fermented Food and Beverages
European consumers prefer a wide range of products, such as kombucha, kefir, fermented juices and vegetables, and other digestive health supplements. The introduction of advanced technologies, such as microencapsulation, paves the way for manufacturers to start new ventures in the European market. The growing food and beverage industry in Germany is driving the demand for the country's kombucha and other functional beverages market. The ongoing health and wellness trend in the United Kingdom concentrates on the prominence of hydration in staying fit and healthy, aiding weight loss, and on products that are good for the digestive and immune systems. This has led to the demand for fermented food as it promotes digestive health.
Germany Holds a Significant Share in the Market
In Germany, the fortification of vegetable and fruit juices for functional benefits is aimed at decreasing carbohydrate levels and increasing beneficial enzymes, various strains of probiotics, and friendly bacteria that help break down food into a more digestive form. This directly enhances the growth of fermented drinks and thus the utilization of fermented ingredients in the country. The favorable economic circumstances in the country allow consumers to afford high-priced and healthy products that prove salubrious to their well-being. Functional beverages are expected to grow in popularity as consumers reach for healthier drinks and turn away from sugary options. As consumers continue to learn about the benefits of probiotics, the demand for probiotic functional beverages is expected to increase.
Europe Fermentation Ingredients Industry Overview
The European market for fermented food and ingredients is developed due to the availability of proper food processing facilities, an advanced dairy market, and the ever-increasing demand for nutritional and tasty food. Yogurt, a fermented dairy product developed after several R&D activities, has very high demand and has shown tremendous growth in the market in terms of revenue. Fermented cocoa is another fermented product that is used by many chocolate manufacturers based in Europe.
Some major companies in the market are DuPont, Lallemand Inc., Cargill Incorporated, Associated British Foods PLC, Ajinomoto Co. Inc., Chr. Hansen A/S, Döhler Group SE,Lonza , Angel yeast co. Ltd., General Mills, among others. The key players focus on various strategies, such as mergers and acquisitions, expansions, new product developments, and partnerships, to strengthen their positions in the market.
Europe Fermentation Ingredients Market Leaders
Cargill, Incorporated
DuPont de Nemours, Inc.,
Döhler Group SE
Chr. Hansen A/S
Ajinomoto Co., Inc.
*Disclaimer: Major Players sorted in no particular order
Europe Fermentation Ingredients Market News
In 2021, Dupont launched MicroGARD Fermentates, produced from good ingredients, including milk, flour, and sugar, to help control Microbial Growth.
In 2019, DSM Completely acquired CSK food Enrichment. The Acquisition of CSK will help DSM to strengthen its product Portfolio and Expertise in the food and beverage industry.
In 2019, Carbery Group launched a fermented Dairy ingredient named Bifipro in Europe.
Europe Fermentation Ingredients Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Amino Acids
5.1.2 Organic Acids
5.1.3 Polymers
5.1.4 Vitamins
5.1.5 Enzymes
5.2 By Application
5.2.1 Food and Beverage
5.2.2 Feed
5.2.3 Industrial Use
5.2.4 Other Applications
5.3 Country
5.3.1 United Kingdom
5.3.2 France
5.3.3 Germany
5.3.4 Italy
5.3.5 Spain
5.3.6 Russia
5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Chr. Hansen A/S
6.4.2 Döhler Group SE
6.4.3 Ajinomoto Co. Inc.
6.4.4 DuPont de Nemours Inc.
6.4.5 Lallemand Inc.
6.4.6 Cargill Incorporated
6.4.7 Lonza
6.4.8 General Mills
6.4.9 Angel Yeast Co. Ltd.
6.4.10 Associated British Foods PLC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
Europe Fermentation Ingredients Industry Segmentation
The European fermented ingredients market is segmented by type into amino acids, organic acids, polymers, vitamins, and enzymes. Based on applications, the market is divided into food and beverage, feed, industrial use, and other applications. This study also analyses regions such as the United Kingdom, France, Germany, Spain, Italy, Russia, and the rest of Europe. The report offers market size and forecast in value (USD million) for all the above segments.
| By Type | |
| Amino Acids | |
| Organic Acids | |
| Polymers | |
| Vitamins | |
| Enzymes |
| By Application | |
| Food and Beverage | |
| Feed | |
| Industrial Use | |
| Other Applications |
| Country | |
| United Kingdom | |
| France | |
| Germany | |
| Italy | |
| Spain | |
| Russia | |
| Rest of Europe |
Europe Fermentation Ingredients Market Research FAQs
What is the current Europe Fermented Ingredients Market size?
The Europe Fermented Ingredients Market is projected to register a CAGR of 7.80% during the forecast period (2024-2029)
Who are the key players in Europe Fermented Ingredients Market?
Cargill, Incorporated, DuPont de Nemours, Inc.,, Döhler Group SE, Chr. Hansen A/S and Ajinomoto Co., Inc. are the major companies operating in the Europe Fermented Ingredients Market.
What years does this Europe Fermented Ingredients Market cover?
The report covers the Europe Fermented Ingredients Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Fermented Ingredients Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Fermentation Ingredients Industry Report
Statistics for the 2024 Europe Fermentation Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Fermentation Ingredients analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
