Middle East and Africa Fermented Ingredients Market was worth USD 1.97 billion in 2021 and is estimated to grow at a CAGR of 7.3%, to reach USD 2.87 billion by 2026. Fermentation is a process similar to metabolism. It breaks down complex molecules in the food into simpler molecules by using microorganisms in a growth medium. It is essentially carries on to acquire desirable chemical products useful to humans.
Fermented ingredients are used to initiate fermentation process in the products to obtain desirable effect. It can also break down toxic substances in ingredients into non-toxic. Fermentation is finding applications in biotechnology also. Fermented skin products are more advantageous with more benefits than the conventional skin products. It helps create eco-friendly and naturally derived ingredients to be used in cosmetic products.
Fermented ingredients market is majorly driven by the increase in demand for superior quality food and personal care products and shift of consumers toward products associated with health benefits. Rapid increase in population and increased food demands are also driving the market. Rising demand for antibiotics which kill the gut bacteria is increasing the demand for fermented food products and ingredients. Inconsistent availability of required raw materials and high initial investments are the major restraining factors for the market.
The Middle East and Africa market for fermented ingredients is segmented on the basis of type, application, form, process and region. Based on type, the market is segmented into Amino Acids, Organic Acids, Biogas, Polymers, Vitamins, and Industrial Enzymes. Amino acids hold the largest market share due to its increased demand in food and beverage industries. Based on application, the market for fermented ingredients is segmented in to Food & Beverages, Feed, Pharmaceuticals, and Paper. Food and beverages segment is further segmented into Bakery, Brewery and Distilling and Dairy Products. Food and beverages industry segment dominate the market due to the increased demand for processed foods and also fermented ingredients are highly used in the industries to increase the shelf life of food products. Based on form, the market is segmented into dry form and liquid form. Fermented ingredients in dry form are projected to be the fastest growing segment. Based on fermentation process, the market is segmented into Batch Fermentation, Continuous Fermentation, Aerobic and Anaerobic Fermentation. Anaerobic fermentation holds the largest market share in this segment because of its increased number of applications in beverages industry.
Geographically the Middle East and Africa Fermented Ingredients Market is segmented into KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan and Rest of MEA. Growing economies in Middle East and Africa regions has a huge growth potential. Growth rate of the market in Africa region is a bit slow compared to Middle East region due to the internal warfare in this region.
Key Players in the Market:
Major Key Players in the MEA Fermented Ingredients Market are
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Amino Acids
5.1.3 Organic Acids
5.1.4 Biogas
5.1.5 Polymers
5.1.6 Vitamins
5.1.7 Industrial Enzymes
5.1.7 Y-o-Y Growth Analysis, By Type
5.1.8 Market Attractiveness Analysis, By Type
5.1.9 Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Food & Beverages
5.2.3 Feed
5.2.4 Pharmaceuticals
5.2.5 Paper
5.2.6 Y-o-Y Growth Analysis, By Application
5.2.7 Market Attractiveness Analysis, By Application
5.2.8 Market Share Analysis, By Application
5.3 Form
5.3.1 Introduction
5.3.2 Dry Form
5.3.3 Liquid Form
5.3.4 Y-o-Y Growth Analysis, By Form
5.3.5 Market Attractiveness Analysis, By Form
5.3.6 Market Share Analysis, By Form
5.4 Process
5.4.1 Introduction
5.4.2 Batch Fermentation
5.4.3 Continuous Fermentation
5.4.4 Aerobic Fermentation
5.4.5 Anaerobic Fermentation
5.4.6 Y-o-Y Growth Analysis, By Process
5.4.7 Market Attractiveness Analysis, By Process
5.4.8 Market Share Analysis, By Process
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.3.4 By Form
6.1.3.5 By Process
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.4.4 By Form
6.1.4.5 By Process
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.1.5.4 By Form
6.1.5.5 By Process
6.2 Middle-East
6.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Athersys
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 E. I. du Pont de Nemours and Company
8.3 Angel Yeast Co. Ltd.
8.4 Ajinomoto Corporation Inc.
8.5 Koninklijke DSM N.V.
8.6 Chr. Hansen A/S
8.7 Dohler Group
8.8 Lallemand Inc.
8.9 Lonza
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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