LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027

Consumer Goods & Services | Food & Beverages

LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027

Market By Food Type, Ingredients, Distribution Channel And Geography | Forecast 2019-2027

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An analysis by Triton Market Research on the fermented food and ingredients market in Latin America depicts that it will show substantial growth, at a CAGR of 4.65%, in the forecasting period 2019-2027.

The countries reviewed in the Latin American fermented food and ingredients market are:

•           Mexico

•           Brazil

•           Rest of Latin America

Latin America has a high potential in the fermented food and ingredients market. With advanced processing methodologies and products, in Brazil and Argentina, the market is expected to show gradual growth in the Latin America region. Major companies are engaged in the production of fermented drinks, as there is a considerable rise in the demand for these products.

More than half of the population in Brazil is overweight, which indicates huge consumption of fast-food in the country. These fast-foods contain a common fermented food ingredient, cheese, and thus, the growth in the fermented food and ingredients market is justified. Moreover, with increasing awareness of the health and wellness sectors, the demand for healthy food options, such as fermented products, is increasing rapidly. Also, milk production in Brazil has increased in recent years, which can boost the fermented dairy products market in the country.

Incorporated in 1802, DuPont is a chemical company that offers products and services to various sectors, including agriculture. It provides a wide range of products useful in the fermented food and ingredients production process such as amino acids, industrial enzymes, and vitamins, among others. With strong R&D activities and launches of innovative products, the company is one of the leading players in the market. The company has extended its operations in North America, Latin America, Asia-Pacific, Europe, the Middle East, and Africa.

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Table of Content

1.    LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   CONFECTIONERY & BAKERY PRODUCTS IS THE LEADING CATEGORY IN THE FERMENTED FOOD TYPE SEGMENT

2.2.2.   AMINO ACIDS IS THE LEADING CATEGORY IN THE INGREDIENTS SEGMENT

2.2.3.   RETAIL STORES ARE THE DOMINANT DISTRIBUTORS IN THE MARKET

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   INTENSITY OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. MARKET DRIVERS

2.6.1.   RISING AWARENESS ABOUT HEALTHY LIVING

2.6.2.   RISING DEMAND FOR FOOD PRESERVATION

2.6.3.   CHANGING DIETARY HABITS OF THE  PEOPLE

2.7. MARKET RESTRAINTS

2.7.1.   OPERATIONAL HINDERANCES

2.7.2.   ADVERSE EFFECT OF FERMENTED FOOD ON HEALTH

2.8. MARKET OPPORTUNITIES

2.8.1.   SCOPE OF MERGERS AND ACQUISITIONS

2.8.2.   DEVELOPMENT OF REGION-SPECIFIC PRODUCTS

2.9. MARKET CHALLENGES

2.9.1.   GREATER PREFERENCE FOR FRESH PRODUCTS THAN FERMENTED PRODUCTS

3.    FERMENTED FOOD AND INGREDIENTS MARKET OUTLOOK - BY FOOD TYPE

3.1. CONFECTIONERY & BAKERY PRODUCTS

3.2. DAIRY PRODUCTS

3.3. VEGETABLES

3.4. OTHER FERMENTED FOOD TYPES

4.    FERMENTED FOOD AND INGREDIENTS MARKET OUTLOOK - BY INGREDIENTS

4.1. AMINO ACIDS

4.2. ORGANIC ACIDS

4.3. VITAMINS

4.4. INDUSTRIAL ENZYMES

4.5. OTHER INGREDIENTS

5.    FERMENTED FOOD AND INGREDIENTS MARKET OUTLOOK - BY DISTRIBUTION CHANNEL

5.1. RETAIL STORES

5.2. ONLINE STORES

5.3. OTHER DISTRIBUTION CHANNELS

6.    FERMENTED FOOD AND INGREDIENTS MARKET – LATIN AMERICA

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

7.    COMPETITIVE LANDSCAPE

7.1. ARCHER DANIELS MIDLAND COMPANY

7.2. CARGILL

7.3. CSK FOOD ENRICHMENT (AQUIRED BY DSM)

7.4. DANONE

7.5. DUPONT

7.6. EVONIK

7.7. FLOWERS FOODS

7.8. GENERAL MILLS

7.9. KEVITA (ACQUIRED BY PEPSICO)

7.10. ROYAL DSM

7.11. MONDELEZ INTERNATIONAL INC.

7.12. MÜLLER GROUP

7.13. NESTLÉ

7.14. NOVOZYMES

7.15. TETRA PAK

7.16. YAKULT HONSHA

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.   OBJECTIVES OF STUDY

8.1.2.   SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.   PRIMARY DATA SOURCES

8.2.2.   SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.   EVALUATION OF PROPOSED MARKET

8.3.2.   IDENTIFICATION OF DATA SOURCES

8.3.3.   ASSESSMENT OF MARKET DETERMINANTS

8.3.4.   DATA COLLECTION

8.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ BILLION)        

TABLE 2: VENDOR SCORECARD        

TABLE 3: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY FOOD TYPE, 2019-2027 (IN $ BILLION) 

TABLE 4: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY INGREDIENTS, 2019-2027 (IN $ BILLION)       

TABLE 5: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $ BILLION)                      

TABLE 6: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION) 

 

List of Figures

FIGURE 1: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY FOOD TYPE, 2018 & 2027 (IN %)

FIGURE 2: LATIN AMERICA CONFECTIONERY & BAKERY PRODUCTS MARKET, 2019-2027 (IN $ BILLION)         

FIGURE 3: LATIN AMERICA AMINO ACIDS MARKET, 2019-2027 (IN $ BILLION)

FIGURE 4: LATIN AMERICA RETAIL STORES MARKET, 2019-2027 (IN $ BILLION)

FIGURE 5: PORTER’S FIVE FORCE ANALYSIS        

FIGURE 6: MARKET ATTRACTIVENESS INDEX       

FIGURE 7: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY CONFECTIONERY & BAKERY PRODUCTS, 2019-2027 (IN $ BILLION)   

FIGURE 8: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY DAIRY PRODUCTS, 2019-2027 (IN $ BILLION)

FIGURE 9: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY FERMENTED VEGETABLES, 2019-2027 (IN $ BILLION)      

FIGURE 10: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER FERMENTED FOOD TYPES, 2019-2027 (IN $ BILLION)      

FIGURE 11: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY AMINO ACIDS, 2019-2027 (IN $ BILLION)          

FIGURE 12: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY ORGANIC ACIDS, 2019-2027 (IN $ BILLION)          

FIGURE 13: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY VITAMINS, 2019-2027 (IN $ BILLION) 

FIGURE 14: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY INDUSTRIAL ENZYMES, 2019-2027 (IN $ BILLION)  

FIGURE 15: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER FERMENTED FOOD INGREDIENTS, 2019-2027 (IN $ BILLION)    

FIGURE 16: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY RETAIL STORES, 2019-2027 (IN $ BILLION)      

FIGURE 17: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY ONLINE STORES, 2019-2027 (IN $ BILLION)      

FIGURE 18: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER DISTRIBUTION CHANNELS, 2019-2027 (IN $ BILLION)       

FIGURE 19: LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)  

FIGURE 20: BRAZIL FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)       

FIGURE 21: MEXICO FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)       

FIGURE 22: REST OF LATIN AMERICA FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)  

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