Latest News- Fermented Ingredient Market in North America: Food and beverages is expected to lead the Application segment during 2024-2028
The Fermented Ingredient Market in North America is being driven by Growing aging population and health concerns
The Fermented Ingredient Market in North America is expected to grow at a CAGR of 2.7% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1041.2 million. In the North American market, fermented ingredients, specifically food enzymes derived from microorganisms through advanced technologies, play a pivotal role in enhancing the shelf-life and nutritional value of various food products. These enzymes, including protease, lipase, and carbohydrase, are extensively utilized in meat products, bakery goods, dairy items, frozen food, oils and fats, and confectioneries, among others. The complexities in the global food supply chain necessitate the preservation of nutritional content, thereby driving the demand for these ingredients. The increasing awareness among consumers regarding the health and nutritional benefits of fermented food products is fueling the growth of the fermented ingredient market in North America.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Application (Food and beverages, Pharmaceuticals, Others) Geography (North America).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Fermented Ingredient Market in North America Research Report
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The North American market for fermented ingredients, including Liberte Kefir, caters to wheat-sensitive consumers and those following specific diets. These products, known for their low glycemic index, offer numerous health benefits such as organic acids, Vitamin B, and improved gut flora. Food preservation and extended shelf-life are additional advantages. Real ingredients and clean-label trends are driving demand, while the food additives market grows in response to consumer preferences for fermented substances in convenience foods. Probiotics, animal nutrition, and health consciousness fuel the market's expansion. Fermented beverages, with enhanced nutritional content and improved digestion, are popular. Lifestyle-related diseases like obesity and digestive disorders are addressed through these natural, gut-friendly offerings.
The Fermented Ingredient Market in North America is witnessing significant growth due to the increasing preference for specific diets, such as gluten-free and low glycemic index, among wheat-sensitive consumers. Brands like Liberte Kefir are capitalizing on this trend by offering organic, minimally processed fermented products. These foods provide health benefits, including the production of organic acids and an abundance of Vitamin B. Furthermore, the use of real ingredients and the fermentation process itself contributes to food preservation and extended shelf life. The market for fermented ingredients is distinct from the global packaged foods and meats market, which primarily focuses on eliminating microorganisms for extended shelf life. However, the health benefits associated with the consumption of minimally processed fermented foods are driving market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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