Global Microbial Culture Market Size study & Forecast, by Type (Starter Cultures, Adjunct and Aroma Cultures, and Probiotics), by End-user Industry (Bakery and Confectionery, Dairy, Fruits and Vegetables, Beverages, and Other End-user Industries), and Reg

Global Microbial Culture Market Size study & Forecast, by Type (Starter Cultures, Adjunct and Aroma Cultures, and Probiotics), by End-user Industry (Bakery and Confectionery, Dairy, Fruits and Vegetables, Beverages, and Other End-user Industries), and Regional Analysis, 2022-2029

The global Microbial Culture Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Microbial Culture is a method by which microorganisms are multiplied by letting them reproduce in culture medium under controlled conditions. It is one of the most basic diagnostic methods used across molecular biology. It has major advantages across food and beverage industry including Bakery and Confectionery, Dairy, Fruits and Vegetables, Beverages, and Other End-user Industries. The Microbial Culture market is expanding because of factors such as the rising food & beverages industry and adoption of bio-preservatives

According to Statista in 2020, the food and drink segmented generated revenue of around USD 0.74 billion in 2022. It is anticipated to grow with an annual growth rate of around 7.95% . And projected to attain the value of worth USD 1.05 billion by 2026. Additionally, as per Statista - 2021, the global functional foods and beverage market was valued at USD 281.14 billion and it further projected to grow at a compound annual growth rate of about 9.5 percent between 2021 and 2028 to reach USD 500 billion by 2028. Whereas rising consumption of fermented foods and favorable initiatives by market players create lucrative opportunities for the market. However, the threat of substitutes hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Microbial Culture Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing production of microbial food cultures , rising innovation and development activities by market players. Also the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising demand from end-user industries and adoption of fermented food in the forecast period .

Major market players included in this report are:
Chr. Hansen
DuPont De Numors Inc.
Koninklijke DSM NV
Mediterranea Biotecnologie SRL
Himedia Laboratories
Ingredion Incorporated
Kerry Group
Givaudan SA (Naturex)
Dalton Biotechnologie

Recent Developments in the Market:
In February 2022, CHr. Hansen has launched VEGA boost cultures which allows the development of breakthrough dairy free cream cheese.
In February 2022, DuPont and Celanese has signed an agreement to divest number of materials and mobility segments including the Engineering Polymers business line and select product lines within the Performance Resins and Advanced Solutions business lines for a transaction value of USD 11.0 billion.

Global Microbial Culture Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Type:
Starter Cultures,
Adjunct and Aroma Cultures,
Probiotics

By End-user Industry:
Bakery and Confectionery,
Dairy,
Fruits and Vegetables,
Beverages,
Other End-user Industries

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned
Chr. Hansen
DuPont De Numors Inc.
Koninklijke DSM NV
Mediterranea Biotecnologie SRL
Himedia Laboratories
Ingredion Incorporated
Kerry Group
Givaudan SA (Naturex)
Dalton Biotechnologie

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