Global Starter Culture Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Starter Culture Market Report Overview:
“The global starter culture market size is expected to be worth around US$ 234.5 million by 2021 from US$ 141.2 million in 2031, growing at a CAGR of 5.19% during the forecast period 2021 to 2031.”
The global starter culture market report offers in-depth insights, revenue details, and other vital information regarding the global starter culture market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.
The report offers insightful and detailed information regarding the various key players operating in the global starter culture market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global starter culture market report has been segmented on the basis of type, application, and region.
Starter cultures are microorganisms that can be used in the production of dairy products such as cheese, yogurt, etc. Starter cultures are mixed with milk at a specific temperature.
They help in the fermentation process and increase the chemical and physical properties of products that undergo fermentation processes. Starter cultures have many functions such as giving flavor and aroma to the products, controlling undesirable growth of organisms, and proteolytic and lipolytic activities.
Rising demand for baked & dairy products and increasing use of alcoholic beverages are key factors driving the growth of the global starter culture market. In addition, technological advancements such as genetically modified starter culture are a major factor expected to fuel the growth of the global starter culture market over the forecast period.
Stringent government regulations on use of microorganisms in food products is a key factor restraining growth of the global starter culture market. Additionally, fluctuating raw material prices is a major factor expected to hamper growth of the global starter culture market over the forecast period.
Rising demand for functional drinks coupled with superior nutritive and ready-to-drink beverages are expected to create lucrative opportunities for major players in the global starter culture market during the forecast period.
Europe dominates the global starter culture market in terms of revenue and is followed by the market in North America. This dominance can be attributed to the increasing consumption of nutritional beverages in countries in the region.
The market in Asia Pacific is expected to witness fastest growth and is projected to register a CAGR of X.X% in the global starter culture market during the forecast period, owing growing demand for dairy products and high consumption rate of ready-to-drink beverages in countries such as China and India in the region.
Global Starter Culture Market Segmentation:
Global starter culture market segmentation by type:
Global starter culture market segmentation by application:
- Alcoholic beverages
- Non-alcoholic beverages
Global starter culture market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- AngelYeast Co.,Ltd.
- Hansen Holding A/S
- CSK Food Enrichment
- Döhler Group
- Koninklijke DSM N.V.
- DuPont Nutrition & Health
- Biena Snacks
- Wyeast Laboratories Inc.
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