NORTH AMERICA FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027

Consumer Goods & Services | Food & Beverages

NORTH AMERICA FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027

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

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Triton Market Research, in its report on the fermented food and ingredients market in North America, has concluded that the industry would grow at a CAGR of 3.94% in the estimated years between 2019 and 2027.

The countries evaluated in the North American fermented food and ingredients market are:

•           Canada

•           The United States

North America is the second-largest region in terms of revenue in the fermented food and ingredients market. There is huge growth in the health & wellness market in the region and a considerable increase in the awareness of health among the people. As a result, there is an increase in the demand for healthy food options. These factors have driven the North American fermented food and ingredients market.

The US is the major contributor to the sales of fermented food and ingredients market in North America. Fermented food helps in the growth of beneficial microorganisms in the gut and helps in the digestion process. With the awareness of such benefits of fermented food, the market has made tremendous growth.

In the US, a large part of the population, around 29.1 million people, are suffering from diseases like diabetes and these numbers are expected to rise even more by 2050. Manufacturers are considering this factor and trying to develop more healthy food options that have low calories and high nutrient content. However, customers in the US prefer food with fermented ingredients instead of artificial replacement, which provides a boost to the fermented food and ingredients market in the region.

Incorporated in 1902, Archer Daniels Midland Company is mainly indulged in procuring, storing, shipping and marketing of agricultural products. By acquiring Wild Flavours, the company witnessed an increase in market sales and made a great profit in terms of revenue. With the headquarters in Chicago, Illinois, the company has a business presence in North America, Latin America, Europe, Middle East, Africa, and the Asia-Pacific.

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Table of Content

1.    NORTH 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 – NORTH AMERICA

6.1. UNITED STATES

6.2. CANADA

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 Tables

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

TABLE 2: VENDOR SCORECARD        

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

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

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

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

 

List of Figures

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

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

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

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

FIGURE 5: PORTER’S FIVE FORCE ANALYSIS        

FIGURE 6: MARKET ATTRACTIVENESS INDEX       

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

 

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