(I-BusinessNews.Com, January 23, 2020 ) The global starter culture market size is estimated at USD 964 million in 2019 and is projected to reach USD 1,314 million by 2025, at a CAGR of 23.6%. Rising concerns regarding food wastage have positively impacted the demand for starter cultures.
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Based on the product form, the freeze-dried segment is projected to grow at a relatively higher CAGR from 2019 to 2025, as they offer multiple benefits over frozen cultures. Freeze-dried cultures do not require special handling methods while shipping them from one location to another. Additionally, once a culture is freeze-dried, there are no other risks of dealing with power failures or lack of liquid nitrogen supply for preservation. These factors are driving the growth of freeze-dried starter culture market.
Based on the composition, the multi-strain mixed segment is estimated to account for the dominant share of the starter culture market in 2019. These cultures are the most commonly used ones because of their numerous benefits offer over single- and multi-strain cultures. Every individual strain in these cultures provide multiple functions and inhibit the growth of either a particular micro-organism or various micro-organisms.
Based on the microorganism type, the market for starter cultures used for the growth control of bacteria is projected to grow at a relatively higher CAGR from 2019 to 2025. This is because of the increasing use of bacteria such as lactobacillus and streptococcus in the final production of dairy and meat-based products
Of the various applications of starter cultures, the dairy & dairy products segment is projected to record the highest CAGR from 2019 to 2025. This is because of the high demand for these products across the world.
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Europe is estimated to dominate the starter culture market in 2019. This can be attributed to the strong dairy industry in the region. The combined output of the EU-28 countries in the global dairy industry contributes 44% to global dairy production. The European Union provides strategic advantages to the producers of starter cultures through various cuisines and types of products, which allow them to tailor their products better to suit the needs of individual markets.
The concentration of starter cultures in Europe is a key testament to the region’s dominance on the global level, which is also supported by the Union’s policies and benefits in terms of technology sharing. The consumer support for products with starter cultures is also a major factor driving the demand in the region. This has resulted in a multitude of manufacturers adopting starter cultures to meet regulations and classify their products under clean labels. The leading players in the European starter culture market include CHR Hansen (Denmark), DuPont Danisco (Denmark), Sacco S.R.L (Italy), and CSK Food Enrichment B.V. (Netherlands). These companies have opted for new product launches as their key strategy.
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