North America Fermented Food And Ingredients Market Forecast 2020-2028

North America Fermented Food And Ingredients Market Forecast 2020-2028

KEY FINDINGS
The North American market for fermented food and ingredients is estimated to record a CAGR of 4.63% over the forecast period of 2020-2028.There is a vast market of fermented food and ingredients in North America. The North American region is the second-largest contributor of revenue share in the fermented food and ingredients market. The increasing awareness and concerns regarding health, is the dominant factor in boosting the market growth.

MARKET INSIGHTS
The growth of the fermented food and ingredients market of North America is further reviewed on the basis of the markets present in the US and Canada. In Canada, there is a growth in health and wellness-promoting products. Though Canada makes relatively less contribution toward global sales, it does show positive growth prospects. Canadian consumers are increasingly becoming health conscious. They are cautious about artificial color and flavor used in bakery and confectionery products. There is a rising interest in using non-GMO products in baked food, and growing demand for fortified products. Moreover, factors like specialized researchers and food development centers, highly skilled workforce, low corporate tax rates, etc. propel market growth in the region of Canada.

COMPETITIVE INSIGHTS
Flowers Foods Inc., KeVita, Mondelez International, E. I. du Pont de Nemours and Company, Inc General Mills Inc.,Archer Daniels Midland Company, etc. are some of the principal companies in the market.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments