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Protective Cultures Market Growing at 23.6% CAGR to 2023, Mostly Driven by Edible Oils and Constitutes Cheese

12-13-2018 03:06 PM CET | Health & Medicine

Press release from: ReportsnReports

Protective Cultures

Protective Cultures

Key players in protective cultures market include CHR Hansen (Denmark), DowDuPont (US), Sacco S.R.L (Italy), CSK Food Enrichment B.V. (Netherlands), THT S.A. (Belgium), Dalton Biotechnologies (Italy), Biochem S.R.L (Italy), Meat Cracks Technology GmbH (Germany), Royal DSM N.V. (Netherlands), Bioprox (France), Aristomenis D. Phikas & Co SA. (Greece), and Soyuzsnab Group of Companies (Russia). These players are undertaking a strategy involving new product launches and expansions to improve their market position and extend their competitive advantage.
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Growth of protective cultures market is driven by the rising demand for dairy and clean label products. The key driver for market growth is the increasing demand for natural preservative-free products and clean label products. Microbial Food Cultures (MFC) are preparations or formulations consisting of concentrates of one or more microbial species and/or strains including unavoidable media components carried over from the fermentation and components, which are necessary for their survival, storage, standardization, and to facilitate their application in the food production process.

The overall protective systems market is projected to grow from USD 101 million in 2018 to USD 292 million by 2023, at a CAGR of 23.6%. The use of protective cultures follows the increasing market trend of clean label products. The demand for increasing shelf life and enforcing higher transparency and traceability standards is expected to favor the growth of protective cultures in the food industry.

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The protective cultures market has been segmented on the basis of product form into freeze-dried and frozen. The market for freeze-dried cultures is projected to record the higher CAGR between 2018 and 2023. Freeze-dried cultures are easier to maintain and transport, while also maintaining the stability of the cultures. They are easier to store and are comparatively inexpensive, without the need for significant additional cold-chain support.

The European protective cultures market is estimated to be the largest for protective cultures, while the Asia Pacific market is projected to grow at the highest CAGR. The rise in demand for clean label products and the need for better transparency and traceability in food is aiding the growth of protective cultures in the region. Europe also hosts the largest concentration of producers in the protective cultures industry, with major industry leaders maintaining their operations in the region.

The protective cultures market is segmented on the basis of application into dairy & dairy products, meat & poultry products, seafood, and others. The market for seafood is projected to record the highest CAGR between 2018 and 2023. The increased production and processing of seafood for exports has had a positive impact on the market. The dairy & dairy products segment is dominant in the applications segment due to the growth of protective cultures in the cheese industry.

More Details on Protective Cultures Market by Product Form (Freeze-dried and Frozen), Target Microorganism (Yeasts & Molds and Bacteria), Application (Dairy & Dairy Products, Meat & Poultry Products, and Seafood), Composition, and Region - Global Forecast to 2023 with Free Assistance Now at Call +1 888 391 5441 / sales@reportsandreports.com .

The protective cultures market is segmented on the basis target microorganisms into yeasts & molds and bacteria. The market for cultures that protect from yeasts & molds is projected to witness a higher CAGR between 2018 and 2023. The market for protective cultures in the dairy industry is significant and is primarily used in cheese manufacturing. Yeast & mold spoilage is a major factor affecting the quality and use of cheese products. The use of protective cultures has helped extend the shelf-life for these products to benefit cheese producers.

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