Global cultures market is expected to witness moderate growth 2017 - 2026

Global cultures market is expected to witness moderate
growth 2017 - 2026
January 2018
Report Id : REP-GB-6133
Status : Published
Category : Food and Beverages
©2015 Future Market Insights, All Rights Reserved
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Cultures Market
As per the report by Future Market Insights (FMI), the global cultures market is expected to witness
moderate growth, registering a CAGR of 4.1% during the forecast period 2016-2026. By the end of 2026,
the global cultures market is estimated to bring in US$ 1,514,969.6 million revenue.
A substantial increase in the food-borne diseases worldwide is driving the demand for microbial food
cultures. Microbial food cultures such as fungi, bacteria, and mould are largely used by food processing
companies. They help in preserving food, remove toxic compounds, thereby ensuring food safety. The
organisms used in food cultures also offer health benefits to fermented food products. Also, with the
increasing population of health conscious customers, the demand for probiotic and functional food is also
increasing. Moreover, increasing demand for antibiotics to fight various microbial infections is fueling the
growth of the global cultures market.
Advanced technologies are used by companies for the production of microbial food cultures under strict
controlled conditions. Governments of various countries have also introduced regulations based on the
characteristics and use of the microbial food cultures. The freeze-dried microbial food culture is also
gaining traction in the global cultures market. Freeze-drying produces superior quality culture by
providing long-term storage and also helps in retaining the intact structure of the food cultures. This also
helps in supply-chain of food products as it increases shelf-life of the product.
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Cultures Market
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Key Highlights in the Global Cultures Market
The global cultures market is segmented on the basis of application, product type, and region. The
product type is further segmented into starter, adjunct, probiotic, and other product types. Among the
give product types, a starter is expected to see the highest growth during the forecast period. The starter
segment is estimated to bring in more than US$ 455,900 million revenue by the end of 2026.
Based on the application, the global cultures market is segmented into beverages, Sauces, dressings, and
condiments, bakery & confectionery, dried processed food, sweet & savoury snacks, frozen and chilled
processed food, and other applications. Among these, bakery & confectionery segment is expected to be
the fastest growing segment in terms of the application during the forecast period 2017-2026. By the end
of 2026, bakery & confectionery is estimated to surpass US$ 366,600 million revenue.
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Cultures Market
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Geographically, the global cultures market is segmented into Japan, Europe, Latin America, Asia Pacific
Excluding Japan (APEJ), the Middle East and Africa (MEA), and North America. Europe is expected to
witness significant growth during the forecast period. Germany, France, Russia, and the U.K., are
anticipated to witness the highest growth in the region. Increasing demand for fermented and probiotic
foods, the resulting in the use of microbial food cultures to preserve the food for a long time. Availability
of advanced technology and infrastructure is also helping in the research and development of food
cultures.
Competition Tracking
Some of the key companies in the global cultures market include Cargill, Chr. Hansen, DuPont, Royal DSM,
Tate & Lyle, Kerry Group, Ashland Inc, Ingredion, Naturex, KF Specialty Ingredients, and Evonik.
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