Posted 3/25/2024, 12:30:00 AM
Fermented Foods Market to Reach $1.25 Trillion by 2034, Driven by Gut Health Trends and Sustainability
- Fermented food and beverage market to reach US$1.25 trillion by 2034, registering a CAGR of 8.1% between 2024-2034
- Rising demand for probiotic and gut health products driving growth
- Sustainability and functional ingredients becoming important trends
- Leading players include Cargill, BASF, Dupont, Nestle, developing unique fermented products
- North America and Asia Pacific to remain key markets, with U.S. and China leading growth