Asia Pacific is projected to lead the global market for fermenters in terms of growth rate
The Fermenters Market is estimated at USD 1.13 billion in 2018 and is projected to reach USD 1.69 billion by 2023, growing at a CAGR of 8.4% during the forecast period. The market is driven by factors such as the increase in the consumption of fermented food & beverages in developed economies, along with growing awareness about food preservation. Download PDF Brochure Nowadays, fermentation is one of the most preferred methods of food preservation owing to the health benefits offered by this process. Fermented beverages such as mead, kvass, water kefir, dairy kefir, and kombucha are fermented and preserved by the fermentation process. During the fermentation, microorganisms produce lactic acid and acetic acid that are also known as bio-preservatives, which help in retaining the nutrients while also preventing food spoilage. The Asia Pacific is projected to dominate the fermenters market in terms of CAGR in 2018. The Asia Pacific is projected to lead the global market for ferm...