Press release
Food Cultures Market Growth Trends, Regional Breakdown, Segmentation, and Forecast to 2024-2031 | Kerry Group PLC, Koninklijke DSM NV, DuPont de Nemours, Inc.
Food Cultures Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Food Cultures market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Food Cultures Market reached US$ 1.7 billion in 2023 and is expected to reach US$ 2.8 billion by 2031, growing with a CAGR of 6.8% during the forecast period 2024-2031.
What is Food Cultures Market?
The food cultures market involves the production and sale of various microbial cultures used in the fermentation of food products, such as yogurt, cheese, sauerkraut, and fermented beverages. These cultures enhance flavor, texture, and nutritional value while promoting gut health. Driven by the increasing consumer interest in probiotic-rich foods and natural fermentation processes, this market is expanding rapidly, fueled by trends in health and wellness, as well as the demand for artisanal and authentic food experiences.
Growth Driver
Growing Emphasis on Health and Wellness Awareness
As consumers increasingly prioritize health and wellness, their preferences are shifting toward healthier and more nutritious foods. This trend is significantly influencing the food cultures market, prompting manufacturers to develop and promote products that align with these evolving preferences. The global emphasis on health and wellness is driving food culture companies to expand their market presence internationally, catering to the rising demand for healthier food options around the world.
Key Players:
Profiles of some of the major players in the global Food Cultures market, which include Kerry Group PLC, Koninklijke DSM NV, DuPont de Nemours, Inc., Corbion NV, Cargill, Incorporated, Lallemand Inc., CSK Food Enrichment USA Inc., Chr. Hansen Holding A/S and International Flavors & Fragrances Inc.
Industry Development:
On July 2, 2023, a chef based in Chennai launched Dear Food, a global community aimed at food and culture enthusiasts. This platform serves as a hub for learning about various aspects of food and culture, fostering a vibrant network of food lovers, professionals, experts, and mentors. Members enjoy exclusive access to connect with like-minded individuals from around the world.
On April 28, 2021, Chr. Hansen unveiled the latest version of its FreshQ food cultures, specifically designed to enhance the bioprotective properties of dairy fermentation. This new range is engineered to improve freshness by competitively inhibiting the growth of spoilage-causing yeast and mold, effectively ensuring they are outcompeted for essential space and nutrients during fermentation.
The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Food Cultures market.
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Market Segments:
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.
By Microorganism Type: Bacteria, Yeast, Mold.
By Product Type: Starter Cultures, Protective Cultures, Probiotic Cultures.
By Function: Texturizer, Flavorant, Preservative, Colorant, Others.
By Application: Dairy Products, Meat & Seafood, Beverages, Others.
Regional Break out:
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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Key Features:
➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.
➧ Track competitor's movements in real time, allowing you to swiftly adapt strategies and remain competitive.
➧ Compare your performance with industry leaders to identify gaps, strengths, and areas for improvement.
➧ Stay updated with emerging market trends, technological advancements, and customer behaviour to refine your strategy.
➧ Receive actionable insights and recommendations to drive your business toward growth and long-term success.
➧ Tailor competitive intelligence to your unique business needs, ensuring relevant and focused analysis.
➧ Evaluate supply chain efficiency and logistics strategies to optimize operations and minimize disruptions.
➧ Understand key players, stakeholders, and partnerships to navigate the competitive landscape more effectively.
➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviours.
➧ Stay informed on regulatory changes and legal requirements impacting your industry to ensure compliance and mitigate risks.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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