Global Starter Culture Market By Type (Yeast, Bacteria, Molds and Others), By Application (Alcoholic Beverages and Non-Alcoholic Beverages), By Company and By Geography, Forecast & Opportunities, 2028

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Global Starter Culture Market By Type (Yeast, Bacteria, Molds and Others), By Application (Alcoholic Beverages and Non-Alcoholic Beverages), By Company and By Geography, Forecast & Opportunities, 2028

Global starter culture market is expected to reach USD 1.5 Billion by 2028, growing at a CAGR of over 4%, in value terms owing to the rising demand for bacterial or yeast-based starter cultures for the production of dairy products like cheese, curd, yogurt etc. Moreover, the increasing of bacterial and yeast-based starter cultures for the fermentation of cereals to produce alcoholic beverages like beer and whiskey coupled with the increasing popularity of fermented foods due to associated health-benefits will propel the growth of the market further in the coming years.

Global starter culture market is segmented based on type, application and region. Based on the type, the bacterial segment is expected to grow at the highest CAGR by 2028, due to widespread use of bacterial starter cultures in dairy for producing curd and cheese. Based on the application, the dairy sub-segment of the non-alcoholic drinks segment led the market in 2022 and the segment is expected to maintain its position during the forecast period owing to the increasing use of starter-culture in the production of dairy products.

Regionally, Europe & CIS region dominated the market in 2022 and the region is expected to grow at the highest CAGR during the forecast period due to widespread adoption of starter cultures for wine and cheese production.

Some of the leading players operating in the global starter culture market include Angel Yeast Co. Ltd, Chr. Hansen A/S, Csk Food Enrichment B.V, Dohler Group, Danisco A/S, Lactina Ltd, Lb Bulgaricum Plc., Lallemand Inc, Lesaffre Group, Wyeast Laboratories Inc. etc.

Objective of the Study

  • To analyse and forecast the market size of Global Starter Culture Market, in terms of value and volume.
  • To classify and forecast Global Starter Culture based on shell material type, core phase, technology and regional distribution.
  • To identify drivers and challenges for Global Starter Culture Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Starter Culture Market.
  • To conduct the pricing analysis for Global Starter Culture Market.
  • To identify and analyse the profile of leading manufacturers in the Global Starter Culture Market.

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Market insights research

Market insights research calculated the market size of Global

Key Target Audience

  • Starter Culture Manufacturers
  • Starter Culture Dealers and Suppliers
  • Traders and Distributors
  • Food & Beverages Industries
  • Regulatory organizations.
  • Raw material suppliers and distributors.
  • Research organizations and consulting companies.
  • Market research and consulting firms.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Qatar; Brazil, Argentina, Colombia;

Key companies profiled

Angel Yeast Co. Ltd, Chr. Hansen A/S, Csk Food Enrichment B.V, Dohler Group, Danisco A/S, Lactina Ltd, Lb Bulgaricum Plc., Lallemand Inc, Lesaffre Group, Wyeast Laboratories Inc.

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