Overview and Scope
Starter culture refers to the preparation of living microorganisms that include a single type or a mixture of two or more microorganisms. It provide foods with specific sensory and nutritional characteristics, and potential health benefits and ensure their safety when added to fermented foods. It is used to assist the initiation of fermentation and bring about desired and predictable changes in the production of various food products.
Sizing and Forecast
The starter cultures market size has grown strongly in recent years. It will grow from $1.29 billion in 2023 to $1.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to expansion of dairy and beverage industries, consumer education initiatives, sustainability and eco-friendly production, increased research and development, rise in vegan and plant-based alternatives.
The starter cultures market size is expected to see strong growth in the next few years. It will grow to $1.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to market expansion in emerging economies, increasing demand for probiotics, expanding fermented foods market, health and wellness trends, clean label and natural ingredients preference. Major trends in the forecast period include research and development initiatives, regulatory support and safety standards, globalization and cultural exchange, culinary experimentation and innovation, technological advancements.
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Segmentation & Regional Insights
The starter cultures market covered in this report is segmented –
1) By Microorganism: Bacteria, Yeast, Molds
2) By Composition: Multi-strain Mix, Single strain, Multi-strain
3) By Form: Freeze-Dried, Frozen
4) By Application: Dairy and Dairy Products, Meat and Seafood, Alcoholic Beverages, Other Applications
Europe was the largest region in the starter cultures market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the starter cultures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Increase in demand for dairy products is driving the growth of the starter cultures market. Dairy products refer to any of the food products made from milk. Starter cultures are key components for the production of fermented dairy foods such as cheese, yogurt, and many other dairy products, therefore the increase in demand for dairy products. For instance, according to the November 2022 data released by Eurostat a Luxembourg-based department of European Union (EU) responsible for analyzing statistics related to EU economy, An estimated 161.0 million tonnes of raw milk were produced on EU farms in 2021, a 0.7 million tonne increase from the previous year. Therefore, in increase in demand for dairy products will drive the growth of the starter cultures market.
Key Industry Players
Major companies operating in the starter cultures market report are Chr. Hansen Holding A/S, Lactina Ltd., Lallemand Inc., Koninklijke DSM N.V., Sacco System S.r.l., LB Bulgaricum AD, International Flavors & Fragrances Inc., Biochem Srl, Dalton Pharma Services S.r.l., Wyeast Laboratories Inc., THT S.A., Mad Millie Pty Ltd, Futura Ingredients AB, Angel Yeast Co. Ltd., Biena Inc., BDF Natural Ingredients S.L., Benebios Inc., Benny Impex, Mediterranea Biotecnologie Srl, Genesis Laboratories Inc., Bioprox Healthcare SAS, Codex-ing Biotech Ingredients Inc., DowDuPont Inc., Sacco S.r.l., CSK Food Enrichment B.V., Danisco A/S, Lesaffre et Compagnie, Lake International Technologies, DSM Food Specialties B.V., Abiasa Corporativo S.A. de C.V.
The starter cultures market report table of contents includes:
1. Executive Summary
2. Starter Cultures Market Characteristics
3. Starter Cultures Market Trends And Strategies
4. Starter Cultures Market – Macro Economic Scenario
5. Global Starter Cultures Market Size and Growth
….
31. Global Starter Cultures Market Competitive Benchmarking
32. Global Starter Cultures Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Starter Cultures Market
34. Starter Cultures Market Future Outlook and Potential Analysis
35. Appendix
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