Press release
Food Cultures Industry Set for Expansion | Growing Demand in Dairy & Beverages | Top Most Keyplayers - Kerry Group PLC, Koninklijke DSM NV, DuPont de Nemours, Inc., Corbion NV, Cargill, Incorporated, Lallemand Inc.
The Global Food Cultures Market reached US$ 1.7 billion in 2022 and is expected to reach US$ 2.8 billion by 2030, growing with a CAGR of 6.8% during the forecast period 2023-2030.Food Cultures Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Food cultures are live microorganisms, primarily bacteria, yeasts, or molds, used in the production and preservation of fermented foods and beverages such as yogurt, cheese, sauerkraut, and kombucha. These cultures enhance flavor, texture, and shelf life while also offering potential health benefits by supporting gut health and digestion. Widely utilized in both traditional and industrial food processing, food cultures play a vital role in food safety and nutritional quality.
Major players in the Food Cultures market
The prominent players in Food Cultures market research report are: 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.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Food Cultures Market Key Development
➤ On July 2, 2023, a Chennai-based chef launched Dear Food, a global community uniting food and culture enthusiasts. The platform fosters learning and connection among food lovers, professionals, and mentors worldwide.
➤ On April 28, 2021, Chr. Hansen released a new generation of FreshQ food cultures aimed at improving dairy product freshness by inhibiting yeast and mold growth during fermentation.
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Food Cultures Market Segments
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
The Food Cultures industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Food Cultures Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ 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
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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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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