Press release
Massive Growth Expected in Dairy Starter Culture Market with Pertinent Opportunities by 2027 |Top vendors- BDF Natural Ingredients S.L.,Biolacter, Inc,Chr. Hansen Holding A/S,CSK food enrichment B.V.
The global dairy starter culture market accounted to US$ 1,124.3 Mn in 2018 and is expected to grow at a CAGR of 4.5% during the forecast period 2019 - 2027, to account to US$ 1,670.2 Mn by 2027.Europe held the largest market share in the global dairy starter culture market. It is due to the presence of well-established dairy industry. Different types of fermented milk products are gaining popularity in Europe. The demand for fermented milk, cheese butter, non-fat dried milk (NFDM), whole dry milk (WDM) and fluid milk is growing which is likely to boost the dairy starter culture in Europe.
Market Insights
Rising health awareness in emerging economies provides an opportunity for the dairy starter culture market growth
Growing awareness and demand for healthy dairy products in the developed countries have stimulated the manufacturers to produce high-quality fermented dairy products using starter culture which enhances the flavor, color, and texture of the dairy products. This leads to the growth of global dairy starter culture market.
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Top Key Players: BDF Natural Ingredients S.L.,Biolacter, Inc,Chr. Hansen Holding A/S,CSK food enrichment B.V.,Dalton Biotecnologie S.R.L.,Dohler Group,The Dow Chemical Company,Lallemand Inc.,LB Bulgaricum,Sacco System
Introduction of genetically modified starter culture will create growth opportunities for the global dairy starter culture market
A number of genetically modified microorganisms can be made in industrial as well as laboratory strains of lactic acid bacteria. The genetic modification process involves replacing of gene with a similar one which would increase the number of copies of the gene. The genetically modified starter culture, thus, produced are added in the dairy products during the production process.
By Type
• Mesophilic Bacteria
• Thermophilic Bacteria
By Nature
• Single Strain Type
• Multi Strain Type
By Product Type
• Buttermilk
• Cheese
• Ripened Butter
• Sour Cream
• Yogurt
By Function
• Acid Production
• Flavor Production
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Nature Insights
The global dairy starter culture market by nature has been segmented into single strain type and multi strain type. The multi strain type segment leads the global dairy starter culture market. The multiple strain type of starter cultures enhances the shelf life of the product and provides a swelling characteristic suitable for bakery products. Thus, use of multi strain segment is likely to stimulate the growth of global dairy starter culture market.
Strategic Insights
Merger and acquisition, corporate communication, strategy and business planning and new product development were observed as the most adopted strategies in global dairy starter culture market. Few of the recent developments in the global dairy starter culture market are listed below:
2019: DuPont launched its dairy starter culture line, Howaru Dophilus AG which helps in maintaining digestive system.
2018: Lallemand Inc. acquired the business segment of surface and ripening cultures of DSM Food Specialties. It helped them to expand its product portfolio and its market presence.
2018: Chr. Hansen Holding A/S introduced new starter culture series, DVS SSC. It helps in development of soft cheese.
Contact Us:
The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/
About Us:
The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Food and Beverages, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
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