The naturally fermented food market share will post an incremental growth of USD 2.05 billion, progressing at a CAGR of 7.93% during the forecast period. The health benefits of naturally fermented food will offer immense growth opportunities to market vendors. The naturally fermented food market is fragmented, and the vendors are deploying growth strategies such as low-pricing strategies and strengthening the local customer base to compete in the market.
Technavio’s report on “Naturally Fermented Food Market by Product and Geography - Forecast and Analysis 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The naturally fermented food market is segmented by Product(Dairy, bakery, and others) and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
The growth of the naturally fermented food market in the dairy segment will be significant during the forecast period. In terms of geography segmentation, vendors launching sourdough bread will facilitate the naturally fermented food market growth in North America over the forecast period. 43% of the market's growth will originate from North America. The US is the key market for the naturally fermented food market in North America.
The health benefits of naturally fermented food will directly influence the sales of naturally fermented food. In addition, product launches and innovations is one of the major naturally fermented food market trends that will positively impact the market size. However, factors such as the increasing popularity of artificial fermentation methods will hamper the naturally fermented food market growth.
Some of the major naturally fermented food market vendors are 3FBIO Ltd., BioGaia AB, Cargill Inc., Chr Hansen Holding AS, Chromologics, Conagra Brands Inc., Danone SA, Ferm Biotics, General Mills Inc., Health Ade LLC, International Flavors and Fragrances Inc., Kingdom Supercultures, Koninklijke DSM NV, Lifeway Foods Inc., Nestle SA, Perfect Day Inc., Probitat, Tetra Pak Group, The Kraft Heinz Co., and Barry Callebaut AG
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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Precise market size estimation during the forecast period 2022-2026.
CAGR of the naturally fermented food market forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the naturally fermented food market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the naturally fermented food market.
Naturally fermented food industry growth across North America, Europe, APAC, South America, and Middle East and Africa.