Starter Cultures Market Size 2023 Global Industry Share, Top Players, Opportunities And Forecast To 2033
The worldwide sales of starter cultures, which were previously estimated to be worth around US$ 1,123.1 million in 2022, are now expected to boost up. Currently, in the year 2023, the global starter cultures market value is figured out to be around US$ 1,191.6 million. Further, it is expected to develop with a higher average CAGR of 6.1% over the projected period and reach US$ 2,154.3 million by 2033.
Sales volume of different types of fermented foods has
increased over the last decade, creating a lucrative industry of yogurt
bacteria culture. The starter market is expected to progress further as a
result of the rising dependability of low-fat dairy-based goods and functional
beverages.
The market is getting strengthened by changing tastes and
preferences and acceptance of packaged dairy products by consumers, along with
their rising health concerns. In addition, rising public awareness of the
starting culture’s health advantages is anticipated to create new opportunities
for the key market players.
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Key Takeaways from the Starter Cultures Market Study
Report
- The
demand for starter cultures in the United States market is estimated to be
worth around US$ 306 million in the present year 2023.
- Whereas,
in the Asia Pacific region, China is the leading producer of starter
cultures and is anticipated to register a 9.8% CAGR through 2033.
- The
demand for starter cultures in Germany, with many private companies for
packaged food and beverages, is projected to record a 4.5% CAGR through
2033.
- The
adoption rate of starter cultures in Canada is anticipated to remarkably
grow during the forecast years, at a 5% per year rate.
- Meanwhile,
the mold category of microorganisms for the starter cultures market may
register a 5.1% CAGR through the forecast years.
- Due
to the increased demand for cultured milk products and their use in the
production of cheese and butter dairy products, the application segment
held the dominant market share in 2022.
Competitive Landscape
Angel Yeast Co Limited, Benny Impex, Biena Snacks, Chr.
Hansen Holding A/S, Ingredion Incorporated, CSK Food Enrichment B.V., Danisco
A/S, Dohler Group, Dalton Biotechnologies S.R.L., Genesis Laboratories,
DuPont’s Nutrition and Biosciences, Lallemand Inc., Meat Cracks Technologies
GmbH, Lesaffre Group, Kerry PLC, Mediterranean Biotechnologies Srl. Koninklijke
DSM N.V., Meiji Holdings Company Limited, Sacco S.R.L, Mad Millie, Saputo Inc.,
Wyeast Laboratories Inc., Caldwell Company, Lactina Ltd. Co., Natren Inc., Lb
Bulgaricum PLC, and Biocatalysts Limited among others are a few prominent
players in the global starter cultures market.
To remain competitive in the market, prominent starter
culture market players are focusing on product development according to
region-specific requirements. For example, DuPont Danisco LPC 800, Yo-Mix
Prime, and Yo-Mix Fast 1.0 are three cultures that Dupont Nutrition and
Bioscience Company introduced in January 2020. The conglomerate targeted this
product mostly as a solution for yogurt makers in the Chinese market.
Recent Developments
- In
January 2022, International Flavors & Fragrances (IFF) Company
declared an additional outlay for the development of next-generation
starting cultures. The company increased its investment to increase the
fitness of strains made from plant-based materials, in partnership with
the Technical University of Denmark (DTU).
- In
May 2021, Chr. Hansen Holding A/S Company introduced VEGA, which is a
vegan yogurt starter culture kit. The new product consists of starter
cultures that can be easily customized as per requirements, and contain
probiotic and bioprotective strains.
Key Segments
By Microorganism Type:
- Bacteria
- Yeast
- Mold
- Others
By Type:
- Lactic
Starter Culture
- Non-lactic
Starter Culture
By Form:
- Dried
Starter Culture
- Liquid
Starter Culture
- Frozen
Starter Culture
By Microorganism Growth Temperature:
- Mesophilic
Starter Culture
- Thermophilic
Starter Culture
By Application:
- Starter
Culture for Dairy and Dairy-based Products
- Starter
Culture for Meat & Seafood
- Starter
Culture for Bakery Products
- Starter
Culture for Alcoholic Beverages
- Starter
Culture for Non-alcoholic Beverages
- Starter
Culture for Organic Fertilizers
- Starter
Culture for Other Applications
By Composition:
- Single
Strain Starter Culture
- Multi-strain
Starter Culture
- Multi-strain
Mix Starter Culture
- Other
Starter Cultures
Information Source: https://www.futuremarketinsights.com/reports/starter-cultures-market
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