Global Microbial Cultures Market Growth 2023-2029

Global Microbial Cultures Market Growth 2023-2029

The microbial cultures include microbes such as yeasts, bacteria, molds that are utilized for the production of dairy products, fermented food products, probiotic food products and processed food products. Microbes used in testing and detection are also considered in the scope of microbial cultures market.

LPI (LP Information)' newest research report, the “Microbial Cultures Industry Forecast” looks at past sales and reviews total world Microbial Cultures sales in 2022, providing a comprehensive analysis by region and market sector of projected Microbial Cultures sales for 2023 through 2029. With Microbial Cultures sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microbial Cultures industry.

This Insight Report provides a comprehensive analysis of the global Microbial Cultures landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Microbial Cultures portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Microbial Cultures market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microbial Cultures and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microbial Cultures.

The global Microbial Cultures market size is projected to grow from US$ 1381.4 million in 2022 to US$ 1724 million in 2029; it is expected to grow at a CAGR of 1724 from 2023 to 2029.

Microbial cultures confer special properties to certain food products that are also inherent to their organoleptic profiles. They invariably contribute to consistency and mouth-feel of dairy products, they also influence flavour development in cheese.

This report presents a comprehensive overview, market shares, and growth opportunities of Microbial Cultures market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Starter Cultures
Adjunct & Aroma Cultures
Probiotics
Others

Segmentation by application
Bakery & Confectionery
Dairy
Fruits and Vegetables
Beverages
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Chr. Hansen
DuPont
DSM
Evonik
HiMedia
Ingredion
Kerry Group
Naturex
Neogen
NCIMB

Key Questions Addressed in this Report

What is the 10-year outlook for the global Microbial Cultures market?

What factors are driving Microbial Cultures market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Microbial Cultures market opportunities vary by end market size?

How does Microbial Cultures break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.