
Starter Cultures Market Latest Innovations, Demand 2023-2029
The Global Starter Cultures market was valued at USD 1.01 billion in 2021 and is expected to reach USD 1.42 billion by the year 2028, at a CAGR of 5%.
Starter cultures are referred to as the microorganisms that are utilized in the manufacturing of cultured dairy products such as yogurt and cheese. The natural microflora of the milk is either uncontrollable, inefficient, and unpredictable, or is destroyed thoroughly by the heat treatments given to the milk. Additionally, a starter culture can have special properties in a more controlled and predictable fermentation. The primary function of lactic starters is the development of lactic acid from lactose.
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This study utilized various analytical tools such as Porter’s 5 Forces model and SWOT analysis. It also included market sizing, top-down and bottom-up research. Porter’s 5 Forces model allows you to identify the competitive advantages of a business in the market. The PESTLE analysis can measure the impact of political, economic, social, and technological factors. SWOT helps companies to understand their current position. It is primarily based on strengths and weaknesses. A bottom-up model that uses micro attributes to estimate the market. This market research study also uses top-down and value-chain analysis models.
Key Prominent Players In The Starter Cultures Market:
Chr. Hansen (Denmark), DSM (Netherlands), DuPont (US), Genesis Laboratories (Bulgaria), Sacco SRL (Italy), Mediterranea Biotecnologie SRL (Italy), Biochem SRL (Italy), Dalton Biotecnologie SRL (Italy), THT S.A. (Belgium), CSK Food (Netherlands), IGEA SRL (Italy), Codex-ing Biotech Ingredients (US), Bioprox (France), Benny Impex. (US), ABsource Biologics (India), Alliance India (India), Lactina Ltd. (Bulgaria), BDF Natural Ingredients (Spain), GEM Cultures (US), Kultured Wellness (Australia), Benebios Inc. (US), Binea (Canada), Biolacter Inc. (Italy)
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Market segmentation
The Starter Cultures market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Types
Freeze-Dried, Frozen
By Applications
Meat & Seafood, Dairy & Dairy-Based Products, Alcoholic, Non-Alcoholic Beverages, Animal Feed, Others
Regional Analysis for COVID-19 Outbreak-Global Starter Cultures Market:
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
North America (U.S., Canada, and Mexico)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (Saudi Arabia, UAE, South Africa)
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COVID-19 Impact on Global Starter Cultures Market
During the global COVID19 outbreak and the lock-down over the world, the consumer food & beverage industry observed high demand in the markets. The top producers in the industry are experienced with low consumption of their products in the market and disrupt in sales channel system makes a huge decline in sales and revenue growth. Owing to the closure of supermarkets and other stores and supplies, the companies are targeting more on modifying their distributional channel system to strengthen the online platform and delivery service. The closure of production units owing to lockdown is poorly impacted by the scale of production and the global starter culture market.
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