Press release
Starter Cultures Market (2022 to 2028) - Growth Prospects For Untapped Industrial Applications Present Opportunities - Introspective Market Research
The Global Starter Cultures market was valued at USD 1.01 billion in 2021 and is expected to reach USD 1.42 billion by the year 2028, at a CAGR of 5%.
A microbiological culture method used to create commercially available fermented goods is called starter culture. Starter culture is made up of microorganisms that are immediately injected into food products to impart desired attributes in the completed goods. The starter cultivation, used to establish microbial growth for fermentation, is a sterile medium made out of grains, seeds, or nutrient solutions. Changing consumer lifestyles and rising consumption of functional foods and beverages will increase demand for starting culture in the food processing sector throughout the forecast period.
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Market Dynamics:
Driver:
Augmenting Demand for Ready-to-Drink Beverages
The growing demand for ready-to-drink beverages is a factor turning the global starter culture market during the forecast period. Shifting lifestyles along with the increasing health concern and busy schedules of people over the globe is further turning its market. Furthermore, as consumers seek benefits the ready-to-drink sector has been quick to fulfill this demand with a torrent of novel innovative offerings thus turning its market growth.
Opportunities:
Lucrative Opportunities in the Developing Regions
Europe currently dominates the starter cultures market. Manufacturers are still looking into the markets in South America and the Asia Pacific, where the use of starting cultures is anticipated to rise rapidly over the next few years. The middle-class population of the area has reportedly changed its food choices from staple cereals to meat, dairy products, fruits, and vegetables, according to the Food and Agriculture Organization (FAO). Despite the region's unstructured dairy business, there is still a lot of room for expansion. According to claims, milk consumption is higher in China and India. Given the rising demand for milk and other dairy products, they are anticipated to develop a larger market.
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Market Segmentation
Segmentation Analysis of Global Starter Cultures Market:
Based on the Form, freeze-dried is projected to account for the maximum market share during the forecast period. With freeze-drying, microorganisms can be preserved without causing harmful damage to their physical or molecular functions.
Based on the Microorganism, the bacteria segment is expected to dominate the market over the forecast period. Bacteria is the most common microorganism utilized for starter cultures, especially owing to their large-scale application in dairy & dairy-based products.
Based on the Application, dairy products are expected to record the largest market share throughout the market share due to the growing demand for yogurt, cheese, kefir, and other cultured milk products as well as in butter making and cheese making and the increasing demand in bakery & confectionary.
By Form:
• Freeze-Dried
• Frozen
By Composition
• Multi-strain mix
• Single strain
• Multi-strain
By Microorganism
• Bacteria
• Yeast
• Molds
By Applications
• Meat & Seafood
• Dairy & Dairy-Based Products
• Alcoholic
• Non-Alcoholic Beverages
• Animal Feed
• Others
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Regional Analysis of Global Starter Cultures Market:
The Asia Pacific is one of the fastest-growing regions globally, concerning the population and economy, and is expected to dominate the market over the forecast period. This region has the highest number of customers of dairy and meat products. Most Asian economies have emerging markets, and the demand for packaged food & beverage products is rising significantly in these markets. The growing launching of new dairy products and packaged meat products in these markets is anticipated to stimulate the growth of the global starter culture market in the Asia Pacific region. Global key players in the dairy market such as Groupe Lactalis S.A., Schreiber Foods Inc., Saputo Inc., Ltd., and Meiji Holdings Company, focus on the augmentation of their businesses in the Asia Pacific region by acquisitions, mergers, and collaborations with local players.
Geographic Segment Covered in the Report
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
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Players Covered in Starter Cultures Market are :
• Chr. Hansen (Denmark)
• DSM (Netherlands)
• DuPont (US)
• Genesis Laboratories (Bulgaria)
• Sacco SRL (Italy)
• Mediterranea Biotecnologie SRL (Italy)
• Biochem SRL (Italy)
• Dalton Biotecnologie SRL (Italy)
• THT S.A. (Belgium)
• CSK Food (Netherlands)
• IGEA SRL (Italy)
• Codex-ing Biotech Ingredients (US)
• Bioprox (France)
• Benny Impex. (US)
• ABsource Biologics (India)
• Alliance India (India)
Key Industry Developments in the Global Starter Cultures Market
In May 2021, Chr. Hansen introduces VEGA™ Culture Kit specifically designed for fermented plant bases. As dairy-free substitutes to yogurt, "figures", gain propulsion globally, competition continues to grow among manufacturers aiming to provide consumers tasty, healthy, and sustainable products. With this launch of the VEGA™ Culture Kit developed for optimal results over the full scope of plant bases, Chr. Hansen aims to improve its help of plant-based innovation.
In September 2020, the US-based company DuPont Nutrition & Biosciences has declared the launch of the latest series of cultures and probiotic formulations for China, catering yogurt manufacturers new solutions for differentiation and positioning them for future development. The latest culture can faster fermentation and higher probiotic counts at the time of maintaining a mild taste and premium texture for consumers. Furthermore, the launch comprises YO-MIX PRIME, which is developed to manufacture the capability to produce optimal mildness and premium creamy texture for customers.
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About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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