Global Protective Cultures Market Is Expected to Foresee Significant Growth During the Forecast Period. Europe To Witness the Highest Growth
- Himanshu Patni
- September 7, 2021
- CONSUMER GOODS, NEWS
- 0 Comments
Global Protective Cultures Market is expected to reach the market valuation of US$ 651.8 million by 2027 expanding at a significant CAGR of 22.5% during the forecast period (2021-2027) from US$ 133.4 million in 2019. Access to a sufficient amount of safe and nutritious food is key to sustain and promote a healthy and good life. Unsafe food containing harmful bacteria, viruses, parasites, or chemical substances, causes more than 200 diseases ranging from diarrhea to cancers. It has been estimated that 600 million and almost 1 in 10 people in the world fall ill after eating contaminated food and 420,000 die each year. It results in the loss of 33 million healthy life years. While US$ 110 billion is lost each year in productivity and medical expenses resulting from unsafe food in low and middle-income countries. Hence, not to impact the quality of food, the addition of cultures to food meals is one of the innovative and imperative steps from the fields of food microbiology
For a detailed analysis of the Protective Cultures Market browse through https://univdatos.com/report/global-protective-cultures-market:-current-analysis-and-forecast-2020-2027
The various factors driving the Protective Cultures market include the growing instances of food wastages, rising demand for the extended shelf life of perishable products, growing preference for clean label products in protective cultures. Moreover, these microorganisms may have additional functional properties and, in some circumstances, they can be beneficial for the consumers. Protective Cultures can contribute to the flavor, texture, and nutritional value of the product. The concept of “protective cultures” is a broad one and it is not strictly related to the production of bacteriocins.
However, high prices of protective cultures and lack of awareness to are expected to hinder the growth of the Protective Cultures market.
For a detailed analysis of the market drivers in Protective Cultures Market browse through https://univdatos.com/report/global-protective-cultures-market:-current-analysis-and-forecast-2020-2027
Global food waste is a far-reaching problem that has led to tremendous financial, ethical, and environmental costs across the world. It has been estimated that around 1.3 billion tonnes of food is wasted globally each year which accounts for 1/3rd of all food produced for human consumption according to the Food and Agriculture Organization of the United Nations. Further, the amount of food lost or wasted costs US$ 2.6 Trillion annually and is more than enough to feed more than 800 million hungry people around the world.
In low-income countries, it has been observed that the loss occurs more often in the earlier stages. For instance, in Sub-Saharan Africa, around 83% of food is lost during production, handling/storage, and processing, while just 5% is wasted by consumers, according to the World Resources Institute. Conversely, in North America and Oceania, 32% is lost in earlier stages, and 61% is wasted by consumers.
For a detailed analysis of the product form in Protective Cultures browse through https://univdatos.com/report/global-protective-cultures-market:-current-analysis-and-forecast-2020-2027
Based on product form, the market is fragmented into freeze-dried and frozen. The freeze-dried segment dominated the market in 2019 accounting for 46.1% and is anticipated to maintain its dominance during the forecast period. The increasing demand for probiotic and fermented food and beverages products tend to catalyze the demand for freeze-dried protective cultures.
Based on target microorganisms, the market is bifurcated into yeasts & molds, and bacteria. market. As fermented products are susceptible to damage by micro-organisms, they majorly include yeasts, molds, and bacteria. The market share of yeasts and molds is the major contributor to the global protective cultures market.
For a detailed analysis of the composition in Protective Cultures browse through https://univdatos.com/report/global-protective-cultures-market:-current-analysis-and-forecast-2020-2027
Based on composition, the market is fragmented into multi-strain mixed, single strain, and multi-strain. The multi-strain mixed segment dominated the market in 2019 and accounted for 77% and is anticipated to maintain its dominance during the forecast period. Multi-Strain Mixed protective cultures are the most used as they offer more benefits over single and multi-strain cultures.
For a detailed analysis of the applications in Protective Cultures browse through https://univdatos.com/report/global-protective-cultures-market:-current-analysis-and-forecast-2020-2027
The various applications where the protective cultures are being utilized include dairy and dairy products, meat and poultry products, seafood products, and others. Dairy and Dairy Products dominated the market and accounted for 50.8% in 2019 and is anticipated to maintain their dominance during the analyzed period. However, the seafood products segment is expected to grow at the highest CAGR of 22.9% during the forecast period as biopreservation is considered a powerful and natural tool to extend shelf life and to enhance the safety of foods by applying naturally occurring microorganisms and/or their inherent antibacterial compounds of defined quality and at certain quantities
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Additionally, the report provides detailed initiatives that are being taken in the field of the Protective Cultures. The market is classified into distinct regions including North America (the U.S and Canada), Europe (Germany, France, Spain, Italy, and United Kingdom), Asia-Pacific (China, Japan, India, South Korea, and Australia), Rest of the World. Europe dominated the market and generated revenue of US$ 52.8 Million in 2019 attributed to surging exports of dairy products across regions and being one of the prominent regions with the 2nd largest dairy sector across the globe. However, the rest of the world is expected to witness the highest CAGR growth of 24% during the forecast period 2021-2027.
Chr Hansen, Dupont, Sacco S.R.L, CSK Food Enrichment B.V., Kerry Group PLC, Royal DSM N.V., Meat Cracks Technology GmbH, and Dalton Biotechnologies and Biochem S.R.L are some of the prominent players operating in the global protective cultures market. Several M&As along with partnerships have been undertaken by these players to develop protective cultures.
Global Protective Culture Market Segmentation
Market Insight, by Product Form
- Freeze-Dried
- Frozen
Market Insight, by Target Micro-Organisms
- Yeasts & Molds
- Bacteria
Market Insight, by Composition
- Multi-Strain MIxed
- Single Strain
- Multi-Strain
Market Insight, by Application
- Dairy and Dairy Products
- Meat and Poultry Products
- Seafood Products
- Others
Market Insight, by Region
- North America
- United States
- Canada
- Rest of North America
- Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of World
Top Company Profiles
- Chr Hansen
- Dupont
- Sacco S.R.L
- CSK Food Enrichment B.V.
- Bioprox
- Kerry Group PLC
- Royal DSM N.V.
- Meat Cracks Technology GmbH
- Dalton Biotechnologies
- Biochem S.R.L
