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Food Cultures Market: Estimated Growth Curve, Trends, Size, Share, and Analysis Report 2024-2033
Food Cultures Market Size
As per the report, the food cultures market size has grown exponentially in recent years. It will grow from $6.63 billion in 2023 to $8.93 billion in 2024 at a compound annual growth rate (CAGR) of 34.7%. The food cultures market size is expected to see exponential growth in the next few years. It will grow to $29.71 billion in 2028 at a compound annual growth rate (CAGR) of 35.1%.
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The Role Of Food Cultures In Mitigating The Rise Of Foodborne Diseases
The rise in the prevalence of foodborne diseases is expected to propel the growth of the food culture market going forward. Foodborne diseases are preventable diseases caused by consuming contaminated food or drink, leading to symptoms ranging from mild discomfort to severe and potentially life-threatening conditions. The prevalence of foodborne diseases is due to poor personal hygiene, improper holding temperatures, and contaminated equipment/cross-contamination. Food cultures (FC) contribute to the distinctive sensory characteristics of fermented foods, such as flavor, color, and texture, while also aiding in extending the shelf-life of foods by outcompeting spoilage microbes, reducing food waste and the potential for foodborne illnesses. For instance, in December 2023, according to the European Food Safety Authority, an Italy-based government agency, in 2022, there were 5,763 foodborne outbreaks in the EU, a 44% increase compared with 2021. Therefore, the rise in the popularity of foodborne diseases drives the food culture market.
Chr. Hansen Innovations To Support Innovative Plant-Based Yogurt Alternatives
Major companies operating in the food cultures market are developing innovative products such as VEGA Culture Kit to provide consumers with easy-to-use, high-quality solutions for cultivating various food cultures. The VEGA Culture Kit is a range of customizable starter cultures, probiotics, and bioprotective strains explicitly developed for fermented plant-based yogurt alternatives. For instance, in April 2022, Chr. Hansen, a Denmark-based bioscience company, launched a VEGA SAFEPRO Range for plant-based meat alternatives. The kit is designed to robustly ferment various plant bases, including nuts, cereals, legumes, and seeds, enabling plant-based innovators to create customized and differentiated products in taste, texture, health, and sustainability. The VEGA SAFEPRO cultures can be applied alone or in combination to undergo fermentation. This helps control the growth of unwanted lactic acid bacteria, pathogens, yeast, and mold in plant-based meat products.
The food cultures market covered in this report is segmented -
1) By Product: Starter Cultures, Protective Cultures, Probiotic Cultures
2) By Microorganism Type: Bacteria, Yeast, Mold
3) By Function: Flavoring, Preservative, Texture, Other Functions
4) By Application: Dairy Products, Meat, Beverage, Other Applications
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Major companies operating in the food cultures market are Associated British Foods PLC, International Flavours&Fragrances Inc., Kerry Group PLC, Givaudan SA, Angel Yeast Co.Ltd., Corbion NV, Lallemand Inc., Chr.Hansen Holding A/, The TATUA Co-operative Dairy Company Ltd., Cargill Incorporated, Meat Cracks Technologie GmbH, CSK Food Erichment B.V, Azuma Foods International Inc., LB Bulgaricum Ltd., Wyeast Laboratories Inc, E&Olaboratories Ltd., Sacco Srl, Dalton Biotechnologie S.r.l, The Cultured Food Company, Lactina Ltd.
Contents of the report:
1. Executive Summary
2. Food Cultures Market Report Structure
3. Food Cultures Market Trends And Strategies
4. Food Cultures Market - Macro Economic Scenario
5. Food Cultures Market Size And Growth
…..
27. Food Cultures Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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