PUBLISHER: Value Market Research | PRODUCT CODE: 1352849
PUBLISHER: Value Market Research | PRODUCT CODE: 1352849
The global demand for Starter Cultures Market is presumed to reach the market size of nearly USD 896.98 BN by 2030 from USD 491.12 BN in 2022 with a CAGR of 7.82% under the study period 2022 - 2030.
Starter Cultures refer to the preparation of microorganisms to initiate the fermentation process. The process of starter culture includes introducing microbes directly to the food materials to produce some chemical changes in the food. The changes may enhance the preservation quality and increase the nutritional and economic value. Starter cultures are an essential component for fermented foods to ensure the products are manufactured on a consistent schedule, with consistent qualities.
The growing demand for fermented dairy products, such as yogurt and cheese and bakery products increases the demand for starter culture. The involvement of innovative technologies in the food processing industries also drives market growth. Starter culture adds aroma, colour, and taste to the food, and it enhances the chemical and physical properties of the food. This is the reason the starter cultures are prominently used in the food, beverage and dairy industries. The rise in the alcoholic beverage industry also rises the market growth during the forecast period. The increase in awareness of consuming fermented foods is also driving the growth of the smarter culture. The increase in the number of food manufacturers is also driving the market growth of starter culture.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of starter cultures. The growth and trends of starter cultures industry provide a holistic approach to this study.
This section of the starter cultures market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Starter Cultures market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the starter cultures market include Chr. Hansen Holding A/S (Denmark), DuPont (US), IFF(US) and LB Bulgaricum (Bulgaria). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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