Global Starter Cultures Market is expected to rise to an estimated value of USD 1.65 billion by 2026, registering a CAGR of 6.45% in the forecast period of 2019-2026.
Global Starter Cultures Market Competitive Analysis:
Global starter cultures market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of starter cultures market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Increasing consumption of alcohol among population and rising demand for functional drinks are the factor for the growth of this market. Starter cultures are a construction of the microorganisms which is used to increase and improve the physical and chemical qualities of the product during the fermentation or biopreservation process. They are very important for all the fermented foods. There main aim is to make required and necessary changes in the final products. It is one of the cost- effective process and is fuelling due to rising demand for packed food and beverages.
Global Starter Cultures Market Key Competitors:
Few of the major competitors currently working in the global starter cultures market are Chr. Hansen Holding A/S, DuPont de Nemours, Inc, CSK Food Enrichment B.V., Lactina, AngelYeast Co., Ltd., WYEAST LABORATORIES, INC., Doehler India pvt. Ltd., LB Bulgaricum., Lallemand Inc., Lesaffre.
- Advancement in the production process is the factor driving the market growth
- Growing alcoholic population is driving the market growth
- Increasing prevalence for packed food and beverages is another important factor driving market
Global Starter Cultures Market Segmentation:
- Alcoholic Beverage
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Key Developments in the Market:
- In April 2018, DuPont Nutrition & Health announced the launch of their new starter culture CHOOZIT SWIFT 600 and CHOOZIT AMERI-FLEX which is specially designed to help the industrial cheesemaker to produce high quality cheese. The main aim of the launch is to meet the demand of the people as cheese is considered as the healthy source of nutrition.
- In May 2018, Chr. Hansen announced the launch of their new white cheese starter culture range with the launch of DVS White Flora. This new product will help the cheesemakers to create flavours and new taste during fragmentation. They consist of three cultures so that they can create rich and aromatic notes in white cheese. The main aim is to create high quality cheese that has delicious taste.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure
Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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