What are the Known and Unknown Adjacencies Impacting the Starter Culture Market
Northrook, IL -- (SBWIRE) -- 01/16/2020 -- The report "Starter Culture Market by Microorganism (Bacteria, Yeasts, Molds), Application (Dairy & Dairy-based Products, Meat & Seafood), Composition (Multi-strain Mix, Single Strain, Multi-strain), Form, and Region - Global Forecast to 2025", published by MarketsandMarkets. The global starter culture market size is estimated to be at USD 964 million in 2019 and is projected to reach USD 1,314 million by 2025, at a CAGR of 5.3%. Increasing awareness among manufacturers regarding the benefits of starter culture, growing application in cheese & other dairy products, and rising demand for fermented meat & dairy products are some of the main drivers for the growth of the starter culture industry. The global starter culture market size is estimated to be at USD 964 million in 2019 and is projected to reach USD 1,314 million by 2025, at a CAGR of 5.3%. Increasing awareness among manufacturers regarding the benefits of starter culture, growing application in cheese & other dairy products, and rising demand for fermented meat & dairy products are some of the main drivers for the growth of the starter culture industry.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=213083494
The multi-strain mixed segment is estimated to dominate the market with the largest share in 2019.
Based on the composition, the multi-strain mixed segment is estimated to account for the dominant market share in 2019. These cultures are the most commonly used ones because of their numerous benefits offer over single- and multi-strain cultures. Every individual strain in these cultures provide multiple functions and inhibit the growth of either a particular micro-organism or various micro-organisms.
Browse in-depth TOC on "Starter Culture Market"
107 - Tables
34 - Figures
157 - Pages
The freeze-dried form segment is projected to account for a larger share of the market by 2025.
The freeze-dried segment of starter cultures is projected to account for a larger share by 2025, as they offer multiple benefits over frozen cultures. Freeze-dried cultures do not require special handling methods while shipping them from one location to another. Additionally, once a culture is freeze-dried, there are no other risks of dealing with power failures or lack of liquid nitrogen supply for preservation. These factors are driving the growth of freeze-dried starter cultures.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=213083494
Europe is projected to account for the largest starter culture market share by 2025.
Europe is projected to account for the largest market share by 2025. The region has some of the leading manufacturers of starter cultures in this world. The combined output of the EU-28 countries in the global dairy industry contributes 44% to global dairy production. Also, the overall starter culture market in Europe is driven by the growing demand for fermented dairy-based products.
The report includes a study of the marketing and development strategies, along with the product portfolios, of the leading companies. It includes profiles of leading companies such as CHR Hansen (Denmark), DowDuPont (US), Sacco S.R.L (Italy), CSK Food Enrichment B.V. (Netherlands), THT S.A. (Belgium), Dalton Biotechnologies (Italy), Biochem S.R.L (Italy), Mediterranea Biotechnologie SRL (Italy), Royal DSM N.V (Netherlands), and LB Bulgaricum (Bulgaria).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.