The Middle East & Africa fermented flavor and fragrance ingredients market was valued at US$ 51.84 million in 2022 and is expected to reach US$ 95.03 million by 2030; it is estimated to register a CAGR of 7.9% from 2022 to 2030.
This shifting trend has made it challenging for manufacturers to satisfy the demand from their procurement point of view. The end product manufactured using the fermentation process is labeled as clean, and consumers increasingly prefer these products as they are free of synthetic ingredients. Furthermore, they focus on holistic and conscious consumption and prefer products made with ethically sourced additives.
Fermentation is regarded as a natural process by the Food and Drugs Administration (FDA), and fermented flavors are considered "natural flavor." For instance, Solvay is producing vanillin using naturally occurring yeast and claiming the products as "natural." Thus, the increasing demand for natural flavors among various end-use industries boosts the demand for fermented flavors and fragrances.
Additionally, fermented flavors and fragrances are manufactured using genetically engineered microbes. For example, Evolva claimed their fermented vanillin is non-GMO as it is made of genetically engineered yeast. Thus, an upsurging demand for clean-label and non-GMO products is expected to remain a growing trend in the fermented flavor and fragrance ingredients market in the coming years.
Moreover, governments and regulatory authorities across many countries in the region are paying more attention to sustainability. In January 2021, the UAE introduced non-mandatory sustainability reporting requirements for manufacturing companies operating in the country. Similarly, in 2021, Saudi Arabia launched the Saudi Green Initiative & the Middle East Green Initiative. These long-term sustainable action plans aim to address climate change, reduce emissions, and increase the use of clean energy in the country. Thus, the growing sustainability concern and government support boost the demand for fermented flavors and fragrances.
Based on type, the Middle East & Africa fermented flavor and fragrance ingredients market is divided into fruity, floral, woody, blends, and others. The fruity segment held the largest Middle East & Africa fermented flavor and fragrance ingredients market share in 2022.
In terms of application, the Middle East & Africa fermented flavor and fragrance ingredients market is categorized into food and beverages, personal care products, cosmetics, and others. The others segment held the largest Middle East & Africa fermented flavor and fragrance ingredients market share in 2022.
By country, the Middle East & Africa fermented flavor and fragrance ingredients market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa fermented flavor and fragrance ingredients market share in 2022.
Firmenich International SA, BASF SE, Givaudan SA, Takasago International Corp, and Dohler GmbH are some of the leading companies operating in the Middle East & Africa fermented flavor and fragrance ingredients market.
Surging Demand for "Clean Label" and "Non-GMO" Products Bolster Middle East & Africa Fermented Flavor and Fragrance Ingredients Market
Consumers are highly concerned about their diet owing to which they pay extra attention to product labels and additives used in processed products such as food, beverages, cosmetics, and personal care products. Consumers are increasingly seeking clean label (products free from synthetic additives and preservatives) and non-GMO (products made without genetic engineering and whose ingredients are not derived from GMOs) products.This shifting trend has made it challenging for manufacturers to satisfy the demand from their procurement point of view. The end product manufactured using the fermentation process is labeled as clean, and consumers increasingly prefer these products as they are free of synthetic ingredients. Furthermore, they focus on holistic and conscious consumption and prefer products made with ethically sourced additives.
Fermentation is regarded as a natural process by the Food and Drugs Administration (FDA), and fermented flavors are considered "natural flavor." For instance, Solvay is producing vanillin using naturally occurring yeast and claiming the products as "natural." Thus, the increasing demand for natural flavors among various end-use industries boosts the demand for fermented flavors and fragrances.
Additionally, fermented flavors and fragrances are manufactured using genetically engineered microbes. For example, Evolva claimed their fermented vanillin is non-GMO as it is made of genetically engineered yeast. Thus, an upsurging demand for clean-label and non-GMO products is expected to remain a growing trend in the fermented flavor and fragrance ingredients market in the coming years.
Middle East & Africa Fermented Flavor and Fragrance Ingredients Market Overview
High demand for authentic and natural flavorings and increased demand for natural and healthy food flavorings, coupled with an increase in the research and innovation by the manufacturers and expansion of the flavor and fragrance industry, are among the factors propelling the market growth in the Middle East & Africa. Growing consumer preference for natural flavors over artificial flavors due to associated health risks with artificial flavors boosts the demand for flavors and fragrances derived from biotechnological processes. Thus, the rising health consciousness among consumers and the demand for clean-label ingredients in the food & beverage, cosmetic, and personal care industries are expected to propel the market growth in the region.Moreover, governments and regulatory authorities across many countries in the region are paying more attention to sustainability. In January 2021, the UAE introduced non-mandatory sustainability reporting requirements for manufacturing companies operating in the country. Similarly, in 2021, Saudi Arabia launched the Saudi Green Initiative & the Middle East Green Initiative. These long-term sustainable action plans aim to address climate change, reduce emissions, and increase the use of clean energy in the country. Thus, the growing sustainability concern and government support boost the demand for fermented flavors and fragrances.
Middle East & Africa Fermented Flavor and Fragrance Ingredients Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Fermented Flavor and Fragrance Ingredients Market Segmentation
The Middle East & Africa fermented flavor and fragrance ingredients market is categorized into type, application, and country.Based on type, the Middle East & Africa fermented flavor and fragrance ingredients market is divided into fruity, floral, woody, blends, and others. The fruity segment held the largest Middle East & Africa fermented flavor and fragrance ingredients market share in 2022.
In terms of application, the Middle East & Africa fermented flavor and fragrance ingredients market is categorized into food and beverages, personal care products, cosmetics, and others. The others segment held the largest Middle East & Africa fermented flavor and fragrance ingredients market share in 2022.
By country, the Middle East & Africa fermented flavor and fragrance ingredients market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa fermented flavor and fragrance ingredients market share in 2022.
Firmenich International SA, BASF SE, Givaudan SA, Takasago International Corp, and Dohler GmbH are some of the leading companies operating in the Middle East & Africa fermented flavor and fragrance ingredients market.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa Fermented Flavor and Fragrance Ingredients Market Landscape
5. Middle East & Africa Fermented Flavor and Fragrance Ingredients Market - Key Market Dynamics
6. Fermented Flavor and Fragrance Ingredients Market - Middle East & Africa Market Analysis
7. Middle East & Africa Fermented Flavor and Fragrance Ingredients Market Analysis - by Type
8. Middle East & Africa Fermented Flavor and Fragrance Ingredients Market Analysis - by Application
9. Middle East & Africa Fermented Flavor and Fragrance Ingredients Market - Country Analysis
10. Competitive Landscape
11. Company Profiles
12. Appendix
Companies Mentioned
- Dohler GmbH
- Takasago International Corp
- Givaudan SA
- BASF SE
- Firmenich International SA
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 95 |
Published | September 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 51.84 Million |
Forecasted Market Value ( USD | $ 95.03 Million |
Compound Annual Growth Rate | 7.9% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 5 |