ASIA-PACIFIC FERMENTED FOOD AND INGREDIENTS MARKET 2019-2027

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A Triton Market Research report has forecasted the fermented food and ingredients market in the Asia-Pacific region to depict growth in revenue and expand at a CAGR of 4.14% during the estimated period 2019-2027. The countries studied in the Asia-Pacific fermented food and ingredients market are: •         South Korea •         China •         ASEAN countries •         Japan •         India •         Australia & New Zealand •         Rest of APAC countries Asia-Pacific region holds a very high and unexplored potential in the fermented food and ingredients market in the forecasted period because of the increasing disposable income of customers for these products, particularly in India and China.
https://www.tritonmarketresearch.com/reports/asia-pacific-fermented-food-and-ingredients-market#request-free-sample Local fermented delicacies are consumed by the people in countries like Japan, India, Malaysia and Korea. This factor is taken as an advantage by large food companies to exploit the market in this region.
Increasing urbanization, growing health concerns among the people and the changing dietary habits are all reasons for the growth in the fermented food and ingredients market in the Asia-Pacific region. As a result of the growing demand for good quality bread, the bakery market is well-developed in Japan.
Many companies leverage this opportunity to expand their market in the country. As the revenue generated from the bakery market increases, the revenue from fermented food and ingredients also increases.
The country is home to a variety of fermented food products, for example, Natto, which is fermented soya. With the increase in awareness about its benefits and strong marketing, the yogurt market is growing rapidly in Japan.
Yakult Honsha Co., Ltd. is a company that deals with manufacturing and sales of food & beverages, cosmetics and pharmaceuticals.
The company instigated the yogurt and sour milk market in Japan. Headquartered in Tokyo, Japan, the company has a strong distribution network developed over the years.
 Some prominent players in the fermented food and ingredients market are Archer Daniels Midland Company, Danone, Flowers Foods, Cargill, General Mills, DuPont, CSK Food Enrichment (acquired by DSM), Evonik, Royal DSM, KeVita (acquired by PepsiCo), Mondelz International, Inc., Müller UK & Ireland, Nestlé, Novozymes, Tetra Pak and Yakult Honsha. Source: Free Articles from ArticlesFactory.com We are a leading market research company providing you with syndicated market insights, customized research reports and cost-effective consulting services for constructive decision making..