HomeFood & BeveragesIngredients & Additives Fermented Ingredients Market

Global Fermented Ingredients Market Size, Share Demand Report By Ingredient Type (Organic Acids, Amino Acids, Vitamins, Industrial Enzymes, Microbial Biomass), By Fermentation Process (Batch, Fed-Batch, Continuous), By Microorganism Type (Bacteria, Yeast, Fungi), By Application (Food & Beverage, Animal Nutrition, Pharmaceuticals, Industrial Biotech), By End-Use Industry (Food Processing, Animal Feed, Pharmaceutical, Industrial Biotech), By Region & Segment Forecasts, 2026–2031

Report Code: RI2291PUB
Last Updated : January, 2026
Author : Hannah Blake

Table of Contents

  1. Executive Summary
    1. Introduction
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Research Methodology
    3. Assumptions & Exclusions
    4. Secondary Data Sources
  4. Market Factor Analysis
    1. Value Chain Analysis: Fermented Ingredients Market
    2. Porters Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitution
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Dynamics
    1. Drivers
    2. Restraints
    3. Opportunities
  6. Recent Trends Analysis
  7. Impact of COVID-19 on Fermented Ingredients Market
    1. Pre and Post Covid -19 Market Scenario Analysis
    2. Market Recovery Timeline and Challenge
    3. Measures Taken by Top Players
  8. Regulatory Landscape
  9. Fermented Ingredients Market, By Ingredient Type
    1. Introduction
      1. Market Size and Forecast, By Ingredient Type
    2. Organic Acids 
      1. Market Size and Forecast, By Region
    3. Amino Acids 
      1. Market Size and Forecast, By Region
    4. Vitamins 
      1. Market Size and Forecast, By Region
    5. Industrial Enzymes 
      1. Market Size and Forecast, By Region
    6. Microbial Biomass 
      1. Market Size and Forecast, By Region
  10. Fermented Ingredients Market, By Fermentation Process
    1. Introduction
      1. Market Size and Forecast, By Fermentation Process
    2. Batch Fermentation
      1. Market Size and Forecast, By Region
    3. Fed-Batch Fermentation
      1. Market Size and Forecast, By Region
    4. Continuous Fermentation
      1. Market Size and Forecast, By Region
  11. Fermented Ingredients Market, By Microorganism Type
    1. Introduction
      1. Market Size and Forecast, By Microorganism Type
    2. Bacteria-Based Fermentation
      1. Market Size and Forecast, By Region
    3. Yeast-Based Fermentation
      1. Market Size and Forecast, By Region
    4. Fungi-Based Fermentation
      1. Market Size and Forecast, By Region
  12. Fermented Ingredients Market, By Application
    1. Introduction
      1. Market Size and Forecast, By Application
    2. Food & Beverage
      1. Market Size and Forecast, By Region
    3. Animal Nutrition & Feed Additives
      1. Market Size and Forecast, By Region
    4. Pharmaceuticals & Nutraceuticals
      1. Market Size and Forecast, By Region
    5. Industrial Biotech & Bio-Based Chemicals
      1. Market Size and Forecast, By Region
    6. Personal Care & Cosmetics
      1. Market Size and Forecast, By Region
  13. Fermented Ingredients Market, By End-Use Industry
    1. Introduction
      1. Market Size and Forecast, By End-Use Industry
    2. Food Processing Industry
      1. Market Size and Forecast, By Region
    3. Animal Feed Industry
      1. Market Size and Forecast, By Region
    4. Pharmaceutical & Biotechnology Industry
      1. Market Size and Forecast, By Region
    5. Industrial Biotechnology & Sustainable Materials
      1. Market Size and Forecast, By Region
  14. Regional Overview
    1. Introduction
      1. Market Size and Forecast
    2. North America
      1. Market Size and Forecast
        1. By Ingredient Type
          1. Organic Acids 
            1. Amino Acids 
              1. Vitamins 
                1. Industrial Enzymes 
                  1. Microbial Biomass 
                  2. By Fermentation Process
                    1. Batch Fermentation
                      1. Fed-Batch Fermentation
                        1. Continuous Fermentation
                        2. By Microorganism Type
                          1. Bacteria-Based Fermentation
                            1. Yeast-Based Fermentation
                              1. Fungi-Based Fermentation
                              2. By Application
                                1. Food & Beverage
                                  1. Animal Nutrition & Feed Additives
                                    1. Pharmaceuticals & Nutraceuticals
                                      1. Industrial Biotech & Bio-Based Chemicals
                                        1. Personal Care & Cosmetics
                                        2. By End-Use Industry
                                          1. Food Processing Industry
                                            1. Animal Feed Industry
                                              1. Pharmaceutical & Biotechnology Industry
                                                1. Industrial Biotechnology & Sustainable Materials
                                              2. U.S.
                                                1. By Ingredient Type
                                                  1. Organic Acids 
                                                    1. Amino Acids 
                                                      1. Vitamins 
                                                        1. Industrial Enzymes 
                                                          1. Microbial Biomass 
                                                          2. By Fermentation Process
                                                            1. Batch Fermentation
                                                              1. Fed-Batch Fermentation
                                                                1. Continuous Fermentation
                                                                2. By Microorganism Type
                                                                  1. Bacteria-Based Fermentation
                                                                    1. Yeast-Based Fermentation
                                                                      1. Fungi-Based Fermentation
                                                                      2. By Application
                                                                        1. Food & Beverage
                                                                          1. Animal Nutrition & Feed Additives
                                                                            1. Pharmaceuticals & Nutraceuticals
                                                                              1. Industrial Biotech & Bio-Based Chemicals
                                                                                1. Personal Care & Cosmetics
                                                                                2. By End-Use Industry
                                                                                  1. Food Processing Industry
                                                                                    1. Animal Feed Industry
                                                                                      1. Pharmaceutical & Biotechnology Industry
                                                                                        1. Industrial Biotechnology & Sustainable Materials
                                                                                      2. Canada
                                                                                    2. Europe
                                                                                      1. Market Size and Forecast
                                                                                        1. By Ingredient Type
                                                                                          1. Organic Acids 
                                                                                            1. Amino Acids 
                                                                                              1. Vitamins 
                                                                                                1. Industrial Enzymes 
                                                                                                  1. Microbial Biomass 
                                                                                                  2. By Fermentation Process
                                                                                                    1. Batch Fermentation
                                                                                                      1. Fed-Batch Fermentation
                                                                                                        1. Continuous Fermentation
                                                                                                        2. By Microorganism Type
                                                                                                          1. Bacteria-Based Fermentation
                                                                                                            1. Yeast-Based Fermentation
                                                                                                              1. Fungi-Based Fermentation
                                                                                                              2. By Application
                                                                                                                1. Food & Beverage
                                                                                                                  1. Animal Nutrition & Feed Additives
                                                                                                                    1. Pharmaceuticals & Nutraceuticals
                                                                                                                      1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                        1. Personal Care & Cosmetics
                                                                                                                        2. By End-Use Industry
                                                                                                                          1. Food Processing Industry
                                                                                                                            1. Animal Feed Industry
                                                                                                                              1. Pharmaceutical & Biotechnology Industry
                                                                                                                                1. Industrial Biotechnology & Sustainable Materials
                                                                                                                              2. U.K.
                                                                                                                                1. By Ingredient Type
                                                                                                                                  1. Organic Acids 
                                                                                                                                    1. Amino Acids 
                                                                                                                                      1. Vitamins 
                                                                                                                                        1. Industrial Enzymes 
                                                                                                                                          1. Microbial Biomass 
                                                                                                                                          2. By Fermentation Process
                                                                                                                                            1. Batch Fermentation
                                                                                                                                              1. Fed-Batch Fermentation
                                                                                                                                                1. Continuous Fermentation
                                                                                                                                                2. By Microorganism Type
                                                                                                                                                  1. Bacteria-Based Fermentation
                                                                                                                                                    1. Yeast-Based Fermentation
                                                                                                                                                      1. Fungi-Based Fermentation
                                                                                                                                                      2. By Application
                                                                                                                                                        1. Food & Beverage
                                                                                                                                                          1. Animal Nutrition & Feed Additives
                                                                                                                                                            1. Pharmaceuticals & Nutraceuticals
                                                                                                                                                              1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                                                                1. Personal Care & Cosmetics
                                                                                                                                                                2. By End-Use Industry
                                                                                                                                                                  1. Food Processing Industry
                                                                                                                                                                    1. Animal Feed Industry
                                                                                                                                                                      1. Pharmaceutical & Biotechnology Industry
                                                                                                                                                                        1. Industrial Biotechnology & Sustainable Materials
                                                                                                                                                                      2. Germany
                                                                                                                                                                      3. France
                                                                                                                                                                      4. Spain
                                                                                                                                                                      5. Italy
                                                                                                                                                                      6. Russia
                                                                                                                                                                      7. Nordic
                                                                                                                                                                      8. Benelux
                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                    2. APAC
                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                        1. By Ingredient Type
                                                                                                                                                                          1. Organic Acids 
                                                                                                                                                                            1. Amino Acids 
                                                                                                                                                                              1. Vitamins 
                                                                                                                                                                                1. Industrial Enzymes 
                                                                                                                                                                                  1. Microbial Biomass 
                                                                                                                                                                                  2. By Fermentation Process
                                                                                                                                                                                    1. Batch Fermentation
                                                                                                                                                                                      1. Fed-Batch Fermentation
                                                                                                                                                                                        1. Continuous Fermentation
                                                                                                                                                                                        2. By Microorganism Type
                                                                                                                                                                                          1. Bacteria-Based Fermentation
                                                                                                                                                                                            1. Yeast-Based Fermentation
                                                                                                                                                                                              1. Fungi-Based Fermentation
                                                                                                                                                                                              2. By Application
                                                                                                                                                                                                1. Food & Beverage
                                                                                                                                                                                                  1. Animal Nutrition & Feed Additives
                                                                                                                                                                                                    1. Pharmaceuticals & Nutraceuticals
                                                                                                                                                                                                      1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                                                                                                        1. Personal Care & Cosmetics
                                                                                                                                                                                                        2. By End-Use Industry
                                                                                                                                                                                                          1. Food Processing Industry
                                                                                                                                                                                                            1. Animal Feed Industry
                                                                                                                                                                                                              1. Pharmaceutical & Biotechnology Industry
                                                                                                                                                                                                                1. Industrial Biotechnology & Sustainable Materials
                                                                                                                                                                                                              2. China
                                                                                                                                                                                                                1. By Ingredient Type
                                                                                                                                                                                                                  1. Organic Acids 
                                                                                                                                                                                                                    1. Amino Acids 
                                                                                                                                                                                                                      1. Vitamins 
                                                                                                                                                                                                                        1. Industrial Enzymes 
                                                                                                                                                                                                                          1. Microbial Biomass 
                                                                                                                                                                                                                          2. By Fermentation Process
                                                                                                                                                                                                                            1. Batch Fermentation
                                                                                                                                                                                                                              1. Fed-Batch Fermentation
                                                                                                                                                                                                                                1. Continuous Fermentation
                                                                                                                                                                                                                                2. By Microorganism Type
                                                                                                                                                                                                                                  1. Bacteria-Based Fermentation
                                                                                                                                                                                                                                    1. Yeast-Based Fermentation
                                                                                                                                                                                                                                      1. Fungi-Based Fermentation
                                                                                                                                                                                                                                      2. By Application
                                                                                                                                                                                                                                        1. Food & Beverage
                                                                                                                                                                                                                                          1. Animal Nutrition & Feed Additives
                                                                                                                                                                                                                                            1. Pharmaceuticals & Nutraceuticals
                                                                                                                                                                                                                                              1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                                                                                                                                                1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                2. By End-Use Industry
                                                                                                                                                                                                                                                  1. Food Processing Industry
                                                                                                                                                                                                                                                    1. Animal Feed Industry
                                                                                                                                                                                                                                                      1. Pharmaceutical & Biotechnology Industry
                                                                                                                                                                                                                                                        1. Industrial Biotechnology & Sustainable Materials
                                                                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                                                                      4. India
                                                                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                                                                      6. Singapore
                                                                                                                                                                                                                                                      7. Taiwan
                                                                                                                                                                                                                                                      8. South East Asia
                                                                                                                                                                                                                                                      9. Rest of Asia-Pacific
                                                                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                        1. By Ingredient Type
                                                                                                                                                                                                                                                          1. Organic Acids 
                                                                                                                                                                                                                                                            1. Amino Acids 
                                                                                                                                                                                                                                                              1. Vitamins 
                                                                                                                                                                                                                                                                1. Industrial Enzymes 
                                                                                                                                                                                                                                                                  1. Microbial Biomass 
                                                                                                                                                                                                                                                                  2. By Fermentation Process
                                                                                                                                                                                                                                                                    1. Batch Fermentation
                                                                                                                                                                                                                                                                      1. Fed-Batch Fermentation
                                                                                                                                                                                                                                                                        1. Continuous Fermentation
                                                                                                                                                                                                                                                                        2. By Microorganism Type
                                                                                                                                                                                                                                                                          1. Bacteria-Based Fermentation
                                                                                                                                                                                                                                                                            1. Yeast-Based Fermentation
                                                                                                                                                                                                                                                                              1. Fungi-Based Fermentation
                                                                                                                                                                                                                                                                              2. By Application
                                                                                                                                                                                                                                                                                1. Food & Beverage
                                                                                                                                                                                                                                                                                  1. Animal Nutrition & Feed Additives
                                                                                                                                                                                                                                                                                    1. Pharmaceuticals & Nutraceuticals
                                                                                                                                                                                                                                                                                      1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                                                                                                                                                                                        1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                        2. By End-Use Industry
                                                                                                                                                                                                                                                                                          1. Food Processing Industry
                                                                                                                                                                                                                                                                                            1. Animal Feed Industry
                                                                                                                                                                                                                                                                                              1. Pharmaceutical & Biotechnology Industry
                                                                                                                                                                                                                                                                                                1. Industrial Biotechnology & Sustainable Materials
                                                                                                                                                                                                                                                                                              2. UAE
                                                                                                                                                                                                                                                                                                1. By Ingredient Type
                                                                                                                                                                                                                                                                                                  1. Organic Acids 
                                                                                                                                                                                                                                                                                                    1. Amino Acids 
                                                                                                                                                                                                                                                                                                      1. Vitamins 
                                                                                                                                                                                                                                                                                                        1. Industrial Enzymes 
                                                                                                                                                                                                                                                                                                          1. Microbial Biomass 
                                                                                                                                                                                                                                                                                                          2. By Fermentation Process
                                                                                                                                                                                                                                                                                                            1. Batch Fermentation
                                                                                                                                                                                                                                                                                                              1. Fed-Batch Fermentation
                                                                                                                                                                                                                                                                                                                1. Continuous Fermentation
                                                                                                                                                                                                                                                                                                                2. By Microorganism Type
                                                                                                                                                                                                                                                                                                                  1. Bacteria-Based Fermentation
                                                                                                                                                                                                                                                                                                                    1. Yeast-Based Fermentation
                                                                                                                                                                                                                                                                                                                      1. Fungi-Based Fermentation
                                                                                                                                                                                                                                                                                                                      2. By Application
                                                                                                                                                                                                                                                                                                                        1. Food & Beverage
                                                                                                                                                                                                                                                                                                                          1. Animal Nutrition & Feed Additives
                                                                                                                                                                                                                                                                                                                            1. Pharmaceuticals & Nutraceuticals
                                                                                                                                                                                                                                                                                                                              1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                                                                                                                                                                                                                                1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                                                                2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                                  1. Food Processing Industry
                                                                                                                                                                                                                                                                                                                                    1. Animal Feed Industry
                                                                                                                                                                                                                                                                                                                                      1. Pharmaceutical & Biotechnology Industry
                                                                                                                                                                                                                                                                                                                                        1. Industrial Biotechnology & Sustainable Materials
                                                                                                                                                                                                                                                                                                                                      2. Turky
                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                      1. Market Size and Forecast
                                                                                                                                                                                                                                                                                                                                        1. By Ingredient Type
                                                                                                                                                                                                                                                                                                                                          1. Organic Acids 
                                                                                                                                                                                                                                                                                                                                            1. Amino Acids 
                                                                                                                                                                                                                                                                                                                                              1. Vitamins 
                                                                                                                                                                                                                                                                                                                                                1. Industrial Enzymes 
                                                                                                                                                                                                                                                                                                                                                  1. Microbial Biomass 
                                                                                                                                                                                                                                                                                                                                                  2. By Fermentation Process
                                                                                                                                                                                                                                                                                                                                                    1. Batch Fermentation
                                                                                                                                                                                                                                                                                                                                                      1. Fed-Batch Fermentation
                                                                                                                                                                                                                                                                                                                                                        1. Continuous Fermentation
                                                                                                                                                                                                                                                                                                                                                        2. By Microorganism Type
                                                                                                                                                                                                                                                                                                                                                          1. Bacteria-Based Fermentation
                                                                                                                                                                                                                                                                                                                                                            1. Yeast-Based Fermentation
                                                                                                                                                                                                                                                                                                                                                              1. Fungi-Based Fermentation
                                                                                                                                                                                                                                                                                                                                                              2. By Application
                                                                                                                                                                                                                                                                                                                                                                1. Food & Beverage
                                                                                                                                                                                                                                                                                                                                                                  1. Animal Nutrition & Feed Additives
                                                                                                                                                                                                                                                                                                                                                                    1. Pharmaceuticals & Nutraceuticals
                                                                                                                                                                                                                                                                                                                                                                      1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                                                                                                                                                                                                                                                                        1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                                                                                                        2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                                                                          1. Food Processing Industry
                                                                                                                                                                                                                                                                                                                                                                            1. Animal Feed Industry
                                                                                                                                                                                                                                                                                                                                                                              1. Pharmaceutical & Biotechnology Industry
                                                                                                                                                                                                                                                                                                                                                                                1. Industrial Biotechnology & Sustainable Materials
                                                                                                                                                                                                                                                                                                                                                                              2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                1. By Ingredient Type
                                                                                                                                                                                                                                                                                                                                                                                  1. Organic Acids 
                                                                                                                                                                                                                                                                                                                                                                                    1. Amino Acids 
                                                                                                                                                                                                                                                                                                                                                                                      1. Vitamins 
                                                                                                                                                                                                                                                                                                                                                                                        1. Industrial Enzymes 
                                                                                                                                                                                                                                                                                                                                                                                          1. Microbial Biomass 
                                                                                                                                                                                                                                                                                                                                                                                          2. By Fermentation Process
                                                                                                                                                                                                                                                                                                                                                                                            1. Batch Fermentation
                                                                                                                                                                                                                                                                                                                                                                                              1. Fed-Batch Fermentation
                                                                                                                                                                                                                                                                                                                                                                                                1. Continuous Fermentation
                                                                                                                                                                                                                                                                                                                                                                                                2. By Microorganism Type
                                                                                                                                                                                                                                                                                                                                                                                                  1. Bacteria-Based Fermentation
                                                                                                                                                                                                                                                                                                                                                                                                    1. Yeast-Based Fermentation
                                                                                                                                                                                                                                                                                                                                                                                                      1. Fungi-Based Fermentation
                                                                                                                                                                                                                                                                                                                                                                                                      2. By Application
                                                                                                                                                                                                                                                                                                                                                                                                        1. Food & Beverage
                                                                                                                                                                                                                                                                                                                                                                                                          1. Animal Nutrition & Feed Additives
                                                                                                                                                                                                                                                                                                                                                                                                            1. Pharmaceuticals & Nutraceuticals
                                                                                                                                                                                                                                                                                                                                                                                                              1. Industrial Biotech & Bio-Based Chemicals
                                                                                                                                                                                                                                                                                                                                                                                                                1. Personal Care & Cosmetics
                                                                                                                                                                                                                                                                                                                                                                                                                2. By End-Use Industry
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Food Processing Industry
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Animal Feed Industry
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Pharmaceutical & Biotechnology Industry
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Industrial Biotechnology & Sustainable Materials
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM
                                                                                                                                                                                                                                                                                                                                                                                                                  2. Competitive Landscape, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Introduction
                                                                                                                                                                                                                                                                                                                                                                                                                    2. Fermented Ingredients Market Share Analysis, 2025 (%)
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Market Share Analysis, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Competition Ranking, 2025
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Key Developments & Growth Strategies
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Merger & Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                        2. Product Launch
                                                                                                                                                                                                                                                                                                                                                                                                                        3. Expansion
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Consolidated SWOT Analysis of Key Players
                                                                                                                                                                                                                                                                                                                                                                                                                  3. Company Profile
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Cargill
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Business Overview
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Financial Data
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Key Product domains
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Recent Developments
                                                                                                                                                                                                                                                                                                                                                                                                                    2. ADM
                                                                                                                                                                                                                                                                                                                                                                                                                    3. DSM-Firmenich
                                                                                                                                                                                                                                                                                                                                                                                                                    4. Evonik Industries
                                                                                                                                                                                                                                                                                                                                                                                                                    5. Ajinomoto
                                                                                                                                                                                                                                                                                                                                                                                                                    6. BASF
                                                                                                                                                                                                                                                                                                                                                                                                                    7. Novozymes
                                                                                                                                                                                                                                                                                                                                                                                                                    8. Chr. Hansen
                                                                                                                                                                                                                                                                                                                                                                                                                    9. Tate & Lyle
                                                                                                                                                                                                                                                                                                                                                                                                                    10. DuPont (IFF)