Europe to Dominate Protective Cultures Market until 2025
Increasing demand for
natural and preservative-free products in various end use sectors to drive the
growth of global protective cultures market
According
to TechSci Research report, “Global Protective
Cultures Market , By Product Form, By Target
Microorganism, By Composition, By Application, By Region, Competition,
Forecast & Opportunities, 2025”, global
protective cultures market is expected to witness robust CAGR during the
forecast period. Rise in ready-to-eat trends owing to hectic lifestyles of
consumers is one of the
major factor accounting for the growth of global protective
cultures market. Moreover, growing health consciousness among consumers is
further expected to bode well for the growth of global protective cultures market
through the forecast years. In addition to this, protective cultures contain one
or more microbial species, thereby aiding the survival and storage of food
products, which in turn is anticipated to positively influence the growth of
global protective cultures market in the years to come. Moreover, shift in the
preference towards protective cultures to produce various food and beverage
products among food and beverage manufacturers all around the world is making
headway for the growth of global protective cultures market. Along with this, growing
demand for natural and preservative-free products in various sectors
predominantly cosmetics and food and beverage sectors in order to prevent the
growth of pathogenic organisms and microbiological spoilage agents is expected
to contribute to the market growth during the next five years. However, there
are some factors such as stringent rules and regulations regarding the
utilization of protective cultures in variety of food products and high price
associated with protective cultures that can act as major impediments to the
growth of global protective cultures market through 2025.
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Global
protective cultures market can be segmented based on product form, target
microorganism, composition, application, company and region. Considering the target
microorganism, the market is fragmented into yeasts & molds and bacteria. The
yeasts & molds segment dominated the global protective cultures market in
terms of largest market share until 2019 and is further anticipated to maintain
its dominance during the forecast period as well which can be accredited to the
fact that high utilization of protective cultures by dairy industry in cheese
manufacturing worldwide. In terms of application, the market is fragmented into
dairy & dairy products, meat & poultry products, seafood, others. Out
of which, the seafood segment is anticipated to grow at a high pace during the
forecast period. This high growth is due to increasing production and
processing of seafood for exports across the globe. This is a key factor
augmenting the demand of the seafood segment.
Chr. Hanse, Dowdupont, DSM, Sacco S.R.L,
CSK Food Enrichment B.V., THT S.A, Meat Cracks Technologie GmbH, Dalton
Biotechnologies S.R.L, Bioprox, Biochem S.R.L are among others
are the leading players operating in global protective cultures market. The leading players are adopting several growth strategies
to enhance the market scenario of protective cultures. Other competitive
strategies include product launches; mergers & acquisitions; agreements,
partnerships, and collaborations; and expansions to diverse their product
portfolio in order to strengthen their market position.
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“Europe is
forecast to dominate the global protective cultures market during the next five
years on account of high number of dairy products exports from the countries in
the region. Furthermore, increase in contribution for green label products by
dairy and meat producers, is further anticipated to bolster the market growth
in the upcoming years. Additionally, growing utilization of protective cultures
in meat industry is further boosting the market growth in the region.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global Protective Cultures Market, By Product Form,
By Target Microorganism, By Composition, By Application, By Region,
Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global protective
cultures market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global protective cultures market.
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