Summary

The South & Central America fermented flavor and fragrance ingredients market was valued at US$ 111.72 million in 2022 and is expected to reach US$ 220.31 million by 2030; it is estimated to register a CAGR of 8.9% from 2022 to 2030.

Technological Advancements Fuel South & Central America Fermented Flavor and Fragrance Ingredients Market

Traditional and biomass fermentation are traditional methods used for fermentation for ages. However, precision fermentation is considered an advanced type of fermentation used to produce flavors and fragrances. The process of precision fermentation includes a microbial host that is used to obtain a target ingredient, i.e., flavors and fragrances. This is done by genetic modifications affecting the host's DNA by introducing foreign DNA. Bacteria, algae, yeast, and mold are used as a host in precision fermentation. This advanced fermentation technology requires intensive R&D, from the genetic altering and optimization of the host to feedstock selection and preparation and downstream process design, which will result in high standards of the final ingredient. This fermentation technique is more sustainable. Thus, with a growing world population to feed, severe climate changes, and the reduction of fertile lands to grow food, the demand for more efficient, sustainable, and arable land-free technologies that produce food ingredients is required. Thus, the increasing need for technologies with a lower environmental footprint is expected to boost the fermented flavor and fragrance ingredients market growth during the forecast period.

The key market players use precision fermentation technology to launch natural flavors and fragrances. For instance, Insempra recently launched a violet and raspberry fragrance developed through precision fermentation. Thus, the advancement in fermentation technology such as precision fermentation, is expected to create lucrative opportunities for the fermented flavor and fragrance ingredients market during the forecast period.

South & Central America Fermented Flavor and Fragrance Ingredients Market Overview

The fermented flavor and fragrance ingredients market in South & Central America has been experiencing an increased emphasis on health and wellness. The growing interest in clean-label products across the region contributed to the regional market growth as regulatory bodies consider fermented flavors and fragrances as natural ingredients. Moreover, taking a significant step toward environmental consciousness, consumers have become more aware of their environmental impact. They are choosing brands visibly working to reduce their carbon footprint and promote sustainable practices. Furthermore, the growing innovations in biotechnology in countries such as Argentina help the market expand in the region.

South & Central America Fermented Flavor and Fragrance Ingredients Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Fermented Flavor and Fragrance Ingredients Market Segmentation

The South & Central America fermented flavor and fragrance ingredients market is categorized into type, application, and country.

Based on type, the South & Central America fermented flavor and fragrance ingredients market is divided into fruity, floral, woody, blends, and others. The fruity segment held the largest South & Central America fermented flavor and fragrance ingredients market share in 2022.

In terms of application, the South & Central America fermented flavor and fragrance ingredients market is categorized into food and beverages, personal care products, cosmetics, and others. The others segment held the largest South & Central America fermented flavor and fragrance ingredients market share in 2022.

By country, the South & Central America fermented flavor and fragrance ingredients market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America fermented flavor and fragrance ingredients market share in 2022.

Amyris Inc, BASF SE, Dohler GmbH, Firmenich International SA, Givaudan SA, and Takasago International Corp are some of the leading companies operating in the South & Central America fermented flavor and fragrance ingredients market.

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Table of Contents

TABLE OF CONTENTS

1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Fermented Flavor and Fragrance Ingredients Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors or Suppliers
4.3.4 End-Use Industries
5. South & Central America Fermented Flavor and Fragrance Ingredients Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Sustainability Concerns
5.1.2 Strategic Development Initiatives by Key Market Players
5.2 Market Restraints
5.2.1 High Product Costs
5.3 Market Opportunities
5.3.1 Technological Advancements
5.4 Future Trends
5.4.1 Surging Demand for "Clean Label" and "Non-GMO" Products
5.5 Impact of Drivers and Restraints:
6. Fermented Flavor and Fragrance Ingredients Market - South & Central America Market Analysis
6.1 South & Central America Fermented Flavor and Fragrance Ingredients Market Revenue (US$ Million), 2020-2030
6.2 South & Central America Fermented Flavor and Fragrance Ingredients Market Forecast Analysis
7. South & Central America Fermented Flavor and Fragrance Ingredients Market Analysis - by Type
7.1 Fruity
7.1.1 Overview
7.1.2 Fruity: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Floral
7.2.1 Overview
7.2.2 Floral: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
7.3 Woody
7.3.1 Overview
7.3.2 Woody: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Blends
7.4.1 Overview
7.4.2 Blends: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Fermented Flavor and Fragrance Ingredients Market Analysis - by Application
8.1 Food and Beverages
8.1.1 Overview
8.1.2 Food and Beverages: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Personal Care Products
8.2.1 Overview
8.2.2 Personal Care Products: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Cosmetics
8.3.1 Overview
8.3.2 Cosmetics: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: South & Central America Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Fermented Flavor and Fragrance Ingredients Market - Country Analysis
9.1 South & Central America
9.1.1 South & Central America: Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast Analysis - by Country
9.1.1.1 South & Central America: Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast Analysis - by Country
9.1.1.2 Brazil: Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.2.1 Brazil: Fermented Flavor and Fragrance Ingredients Market Breakdown, by Type
9.1.1.2.2 Brazil: Fermented Flavor and Fragrance Ingredients Market Breakdown, by Application
9.1.1.3 Argentina: Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.3.1 Argentina: Fermented Flavor and Fragrance Ingredients Market Breakdown, by Type
9.1.1.3.2 Argentina: Fermented Flavor and Fragrance Ingredients Market Breakdown, by Application
9.1.1.4 Rest of South & Central America: Fermented Flavor and Fragrance Ingredients Market - Revenue and Forecast to 2030 (US$ Million)
9.1.1.4.1 Rest of South & Central America: Fermented Flavor and Fragrance Ingredients Market Breakdown, by Type
9.1.1.4.2 Rest of South & Central America: Fermented Flavor and Fragrance Ingredients Market Breakdown, by Application
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Company Profiles
11.1 Dohler GmbH
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Takasago International Corp
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Givaudan SA
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 BASF SE
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Firmenich International SA
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Amyris Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners