Global Fermented Food and Ingredients Market Size to Grow at a CAGR of 5.32% in the Forecast Period of 2023-2030

The global market for Fermented Food and Ingredients valued at USD 716.13 Billion in 2022 is projected to reach a revised size of USD 1084.12 Billion by 2030, growing at a CAGR of 5.32% over the period 2022-2030.

Fermented Food and Ingredients are products which go through desired microbial action that helps in enhancing their quality and nutritional value. The fermented food and ingredients market include a wide range of food type such as fermented confectionary, fermented beverages, fermented dairy, and bakery products. The increasing prevalence of obesity and digestive problems among the consumers in developing economies is expected to propel the demand for fermented food and ingredients. The increasing use of fermented food worldwide owing to their rising demand, supported by consumer perceptions of fermentation process is the key factor that is expected to boost the market growth. Amino acid represents the most vital ingredient in the fermented food and ingredients market

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