Press release
Dairy Cultures Market will reach 1080 million US$ in 2023
Dairy starter cultures are microorganisms that are intentionally added to milk in order to create a desired outcome in the final product, most often through their growth and fermentation processes.
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Global Dairy Cultures Market: Forecast by Type / Application / Region
Dairy Cultures are freeze-dried starter cultures that are used for bulk starter preparation. It can be used in yoghurt, Kefir, pasta filata, fermented milk, cheese, and so on. Among various applications, consumption from cheese industry held largest share with 32.02% globally in 2017.
The dairy culture industry is highly concentrated as one company, Chr. Hansen, owns about 45% sales share globally. Global production of dairy culture increased from 4491 MT in 2013 to 5678 MT in 2017, backed with promising dairy market. Production of dairy culture mainly concentrates in Europe and North America presently.
The worldwide market for Dairy Cultures is expected to grow at a CAGR of roughly 6.1% over the next five years, will reach 1080 million US$ in 2023, from 760 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Chr. Hansen
Danisco
DSM
CSK
Lallemand
Biena
Sacco System
Dalton
BDF Ingredients
Lactina
Lb Bulgaricum
Anhui Jinlac Biotech
Probio-Plus
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Related Information:
United States Dairy Cultures Market 2018 Forecast to 2023
Europe Dairy Cultures Market 2018 Forecast to 2023
North America Dairy Cultures Market 2018 Forecast to 2023
Asia-Pacific Dairy Cultures Market 2018 Forecast to 2023
China Dairy Cultures Market 2018 Forecast to 2023
EMEA Dairy Cultures Market 2018 Forecast to 2023
Global Dairy Cultures Market 2018 Forecast to 2023
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