“Microbial Cultures Market Share – Growth, Trends, And Forecast (2019 – 2024)”: Is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Major Companies Include are:
Chr. Hansen, DuPont, DSM, Kerry Group, Ingredion, Evonik, Naturex and others.
The global microbial cultures market is expected to grow at a CAGR of 4.6%, during the forecast period.
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The microbial cultures include microbes such as yeasts, bacteria, molds that are utilized for the production of dairy products, fermented food products, probiotic food products and processed food products. Microbes used in testing and detection are also considered in the scope of microbial cultures market.
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Microbial Cultures Market Dynamics
The global market for microbial cultures is driven by the ever-increasing demands from various end-user segments. Fermented food industry have witnessed robust growth since last decade, particularly the sales growth of probiotic foods have been noteworthy.
The functional foods market has also shown positive indication regarding the robust utilization of different microbial cultures that confer value-addition in terms of nutrients bioavailability as well as the shelf-life enhancement.
Microbial cultures confer special properties to certain food products that are also inherent to their organoleptic profiles. They invariably contribute to consistency and mouth-feel of dairy products, they also influence flavour development in cheese.
Microbial cultures market is segmented on the basis of type, and application. Based on the type of microbial food cultures, starter cultures are one of the leading category owing to their role in processing of value-added products such as cheese. The optimum activity of microbial cultures is associated with the organoleptic qualities of final product.
Europe has been the leading market for microbial cultures owing to the large-scale applications in variety of fermented foods. The European Food and Feed Cultures Association has recently concluded that food cultures can be used in organic food products paving the way for wide-scale utilization in such popular category of food products. Asia-Pacific microbial cultures market is expected to grow at fastest possible rate owing to the robust production and processing of fermented foods and the increase in the number of microbial testing that is conducted to ensure food safety and quality.
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