NEWARK, DELL: , Oct. 10, 2022 (GLOBE NEWSWIRE) — The global culture marketplace 2.1 USD a billion by 2032average sales growth 4.3% CAGR from 2022 to 2032Growing in size from an estimated US$1.3 billion, the culture market is gaining momentum with the rapid adoption of starter cultures for the production of alcoholic and non-alcoholic beverages. The growth seen in freeze-dried cultures will also complement the growth of the culture market during the forecast period.
Recently, fermented foods are rapidly gaining popularity, creating opportunities for growth in the food culture market. Functional dairy products also create a competitive environment among microbial culture companies.
As the most popular general food trends, probiotics and functional foods are dominating the food and beverage industry worldwide, creating lucrative prospects in target markets. In addition, microbial culture also presents lucrative opportunities due to the growing acceptance of biopreservation processes, which are excellent alternatives to chemical and physical preservation.
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Growing demand in the beverage sector also contributes to the growth of the culture market. Starter culture is projected to receive significant traction in the culture market throughout the forecast period. The production of wine, beer, buttermilk, kefir, and other beverages in general requires the introduction of unique and intense flavors, and this is achieved primarily through the addition of starter cultures.
Rapid technological developments in fermentation processes will make the starter culture segment experience abundant market opportunities. This bodes well for the growth of the overall target market.
Apart from starter cultures, freeze-dried cultures are also gaining momentum in the culture market, especially in the fermented beverages and functional dairy categories. but also helps keep the original culture structure intact.
The growing popularity of free-dried culture is likely to induce many innovations in this competitive market. Again, with the exception of food processing companies, freeze-dried cultures are gaining popularity among consumers for preparing products such as sourdough bread and homemade yogurt. The rapid growth will also spur demand for freeze-dried cultures in the near future. All these considerations drive the growth of the culture market during the forecast period.
“Rising adoption of alcoholic and non-alcoholic beverage starter cultures across the globe will drive the growth of the cultures market during the forecast period,” said an FMI analyst.
Important points:
- The popularity of starter cultures and freeze-dried cultures is driving the market growth.
- A strong presence in the food manufacturing and processing sector is driving market growth in China.
- Dairy segment will drive the Indian market during 2022-2032.
- The sauces, condiments and dressings segment will lead the market growth in APEJ.
- Bakery and confectionery will greatly contribute to the growth of APEJ’s target market.
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competitive environment
Cargill, BASF, DuPont, Ingredion, Chr. Hansen, Kerry Group, Koninklijke, Tate & Lyle Plc.
Key market players are impacted by the implementation of stringent government regulations. These companies focus on improving product quality, improving promotions, and strengthening distribution networks to expand their consumer base. Some major companies focus on developing products according to consumer tastes and preferences and include special ingredients in their products.
More Insights into the Culture Market Report
In its latest report, FMI provides an unbiased analysis of the global culture market, providing historical data from 2017-2021 and forecast statistics for 2022-2032. Product types (starters, supplements, probiotics, other types), uses (beverages, sauces, dressings, condiments, bakery and confectionery, dry processed foods, sweet and savory snacks, frozen and chilled processed foods, other application), and region.
According to the latest FMI report based on segmentation, the starter segment is leading the market growth. The probiotics segment is also expected to strengthen the market outlook during the forecast period. In terms of applications, the sauces, dressings, and condiments segment is likely to contribute the most to market growth, followed closely by bakery and confectionery during the evaluation period.
Based on region, the Asia-Pacific culture market is expected to witness constant and significant growth owing to the development of the food and beverage sector in China and India. While China leads the market in the food manufacturing and processing sector, India’s food and beverage sector will be driven by the dairy sector. The Asia Pacific ex-Japan (APEJ) region will be particularly driven by strong growth in the sauces, dressings and condiments segment during the forecast period.
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Major market segments
Geographically, the market is segmented into Japan, Asia Pacific Excluding Japan (APEJ), Latin America, Middle East and Africa (MEA), North America, and Europe.
region:
- North America
- latin america
- Europe
- Japan
- APEJ
- MEAs
Product type:
- starter
- accessories
- probiotics
- Other types
application:
- beverage
- sauces, dressings, condiments
- Bakery & Confectionery
- dry processed food
- Sweet & Savory Snacks
- Frozen/chilled processed foods
- Other applications
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table of contents
1. Market overview
1.1.Market scope/taxonomy
1.2. MARKET DEFINITION/SCOPE/LIMITATIONS
2. The big impact of the crisis
2.1. Global Culture Market Forecast Scenario Short-Term (2022-2026) and Long-Term (2027-2032) Annual Growth Rate Comparison
2.2. Main Factors Influencing the Market
Note: Market assessments should be provided for likely scenarios.
3. Market dynamics
3.1. Driver
3.2. Constraints
3.3. Opportunities
3.4.Market trends by region
3.5.product launch
3.6. Product Claims and Nutritional Information Scanned by Buyer
3.7. Macroeconomic factors
3.8.Predictors – relevance and impact
3.9.consumer research analysis
4. Main regulations
4.1. Packaging and labeling rules
4.2. Overview of Certification and Certification Bodies
4.3. Import/Export Policy
Read the entire table of contents….
Explore FMI’s broad coverage food When beverage Market Insights Outlook:
Food and Beverage Protection Cultures Market: The global food and beverage protection cultures market is expected to secure USD 1,980.6 million in 2032, expanding at a CAGR of 4.3%. The market could hold a value of US$1.3 billion in 2022.
Ripener Market: Ripeners added to milk to make cheese depend on the type of cheese being produced. Different types of cheese have different microbial ripening cultures.
Cultured Wheat Market: The global cultured wheat market value is expected to rise to USD 625.5 million by 2032. During the forecast period from 2022 to 2032
Cultured Dairy Blend Market: The cultured dairy blend market is likely to register a strong CAGR of 7.7% during the forecast period. The market is currently valued at US$3.56 billion and could reach US$6.94 billion by 2032.
Specialty Culture Market: Specialty cultures include starters and biopreservation cultures. Special cultures are developed and manufactured for food applications. Specialty cultures are used primarily for dairy applications, along with meat surface and ripening cultures.
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