Protective Cultures Market Analysis, Strong Application, Emerging Trends And Future Scope By 2030
Market Overview
The global Protective Cultures Market Analysis is anticipated to touch USD 110.0 million at a 21.5% CAGR between 2019-2024, states the latest Market Research Future (MRFR) report. Protective cultures comprise of bacteria that have been chosen specifically for their ability to inhibit the growth of microbiological spoilage agents/ pathogenic organisms and have generally regarded as safe (GRAS) status. Hence, such bacterial species are completely natural and offer a useful green benefit to labeling of food products.
Various factors are propelling the Protective Cultures Market Analysis growth. These factors, as laid down by the Market Research Future report, include growing concern about food wastage, demand to extend the shelf life of various perishable products, demand for preservative-free, natural products, technological developments for promoting protective cultures, and developments for overcoming process limitations. Additional factors propelling Protective Cultures Market Analysis growth include growing demand for edible oils that have higher nutritional value, growing edible oils industry, growing consumer awareness regarding clean label products as well as its advantages, and growing consumption of dairy products.
On the flip side, safety and regulatory needs for food cultures, high prices, and strict regulations related to the usage of protective cultures are factors that may deter the Protective Cultures Market Analysis growth over the forecast period.
Segmental Analysis
The MRFR report provides an all-inclusive segmental analysis of the Protective Cultures Market Analysis on the basis of application, target microorganism, and form.
Based on form, the Protective Cultures Market Analysis is segmented into frozen and freeze-dried. Of these, the freeze-dried segment will lead the market over the forecast period on account of culture viability, ease of transportation, storage, and maintenance, and cost-effectiveness compared to frozen protective cultures.
Based on target microorganism, the Protective Cultures Market Analysis is segmented into bacteria and yeast and mold. Of these, the yeast and mold segment will dominate the market over the forecast period. They are the key factors that impact the quality of food, and the usage of protective culture aids in reducing wastage resulting from these microbes.
Based on the application, the Protective Cultures Market Analysis is segmented into seafood products, poultry, meat, dairy and frozen desserts, and others. The dairy and frozen desserts segment is again segmented into cheeses, butter and spreads, and others. Of these, the dairy and frozen desserts segment will have a maximum share over the forecast period.
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Regional Analysis
By region, the Protective Cultures Market Analysis report covers the latest trends and growth opportunities across North America, the Asia Pacific, Europe, and the Rest of the World. Of these, Europe will command the largest share in the market over the forecast period on account of its increasing adoption in food, burgeoning demand for clean label products, and stringent laws related to the usage of antibiotics and chemicals in food products.
The Protective Cultures Market Analysis in the APAC region is predicted to have a healthy growth over the forecast period for the growing awareness among the population in China and India, the growing popularity of clean label and natural products, burgeoning demand for dairy products, and the presence of many key players in the region. Japan, China, and Australia are the chief contributors in the region.
The Protective Cultures Market Analysis in North America is predicted to have a notable growth while that in the RoW is predicted to have stable growth over the forecast period.
Key Players
Notable players profiled in the Protective Cultures Market Analysis report include The Ingredient House (US), Kerry Inc. (Ireland), Chr. Hansen (Denmark), Aristomenis D. Phikas & Co S.A (Greece), Biochem S.R.L (Italy), Bioprox (France), Soyuzsnab Group of Companies (Russia), Dalton Biotechnologies S.R.L (Italy), Sacco S.R.L (Italy), Prayon SA (Belgium), DSM (Netherlands), CSK Food Enrichment BV (Netherlands), DowDuPont (US), THT SA (Belgium), and Meat Cracks Technologie GmbH (Germany).
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