Growth Opportunities and Challenges in the Starter Culture Market

The European starter culture market is estimated to be the largest for starter culture, while the Asia Pacific market is projected to grow at the highest CAGR. Europe also hosts the largest concentration of producers in the starter culture industry, with major industry leaders maintaining their operations in the region.

Posted on 2019-12-10 by MarketsandMarkets in Food & Beverage // 0 Comments

Northbrook, IL, USA, 2019-Dec-10 — /EPR Network/ — The global starter culture market size is projected to grow from USD 964 million in 2019 to USD 1,314 million by 2025, at a CAGR of 5.3%. The use of starter culture has been increasing with the rising production and consumption of dairy-based products such as cheese, yogurt, butter and creams, fermented milk, and kefir.

Report Objectives:

To describe and forecast the starter culture market, in terms of product form, target microorganism, composition and application
To describe and forecast the starter culture market, in terms of value, by region–Asia Pacific, Europe, North America, South America, and the Rest of the World—along with their respective countries
To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges)
To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To study the complete value chain of starter culture
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the starter culture ecosystem
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
To analyze strategic approaches such as product launches, agreements, and partnerships in the starter culture market

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Consumer awareness regarding the benefits of starter culture drives the market for dairy & dairy products

The starter culture market is segmented on application into dairy & dairy products, meat & poultry products, seafood, and others. The dairy & dairy products segment is dominant in the application segment due to the growth of starter cultures in the cheese industry. The demand for dairy and dairy-based products is projected to record the highest CAGR between 2019 and 2025 with the growing demand for dairy-based products across the world.

High demand from end-user industries for bacteria-based starter culture

The starter culture market is segmented based on target microorganisms into yeasts, molds, and bacteria. The market for starter culture in the dairy industry is significant and is used primarily in cheese manufacturing. The use of starter culture has helped in the fermentation process and also helps in retaining the aroma and flavor of different products.

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).

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Critical Questions the Report Answers:

Where will all these developments take the industry in the mid to long term?
What are the upcoming industry applications for starter cultures?
What is the impact of the dairy industry on starter cultures?
What are the new technologies being introduced in starter cultures?
What are the latest trends in starter cultures?

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