Protective Cultures Market Analysis 2021; Region Wise Analysis of Top Players in Market and Its Segmentation
Market Highlights
Protective cultures have been granted the GRAS status
by the US FDA. The global Protective Cultures Market Analysis is estimated to
reach USD 110.0 million in 2019 and is expected to register a CAGR of 21.5%
during the forecast period of 2019 to 2024. The food processors are
increasingly focusing on reducing the wastage of food due to spoilage or
bacterial growth and extending the shelf life of the products to reduce
economic losses. Thus, the protective cultures have gained popularity among the
food processors. The increasing consumer awareness, demand for healthy and
clean label products, and the consumers’ willingness to pay a premium for clean
label and natural products has contributed significantly to the adoption of
protective cultures in food. However, increasing costs of the protective
cultures is still a major restrain for the growth of the market.
Key Players
Some of the key players in
the global Protective Cultures Market Analysis are Meat Cracks Technologie GmbH
(Germany), THT S.A. (Belgium), DowDuPont (US), CSK Food Enrichment B.V.
(Netherlands), DSM (Netherlands), Prayon S.A (Belgium), Sacco S.R.L (Italy),
Dalton Biotechnologies S.R.L (Italy), Soyuzsnab Group of Companies (Russia),
Bioprox (France), Biochem S.R.L (Italy), Aristomenis D. Phikas & Co S.A
(Greece), Chr. Hansen (Denmark), Kerry Inc. (Ireland), and The Ingredient House
(US).
Some of the strategies
followed by the players operating in the market were product launches,
acquisitions, mergers, and expansions.
Segmentation
The global protective
cultures market has been segmented based on form, target microorganism,
application, and region.
Based on form, the global Protective
Cultures Market Analysis has been divided into freeze-dried and frozen. The
freeze-dried segment is expected to account for the larger market share in
2019. The ease of maintenance, storage, and transportation and culture
viability are the major contributing factors for the growth of the freeze-dried
segment. These cultures are comparatively inexpensive to frozen protective
cultures and do not require significant support of cold chain.
The global protective cultures market has been
bifurcated, by target microorganism, into yeast and mold and
bacteria. The yeast and mold segment is expected to dominate the market in 2019
and is projected to record a higher growth rate. Yeast and mold are the major
factors affecting the quality of the food products and the use of protective
culture helps in reducing the wastage caused by these microbes.
Based on application, the
global protective cultures market has been categorized as dairy and frozen
desserts, meat, poultry and seafood products, and others. The dairy and frozen
desserts segment is further classified as butter and spreads, cheeses, and
others. In 2019, the dairy and frozen desserts segment is estimated to account
for the largest share of the market. However, the meat, poultry and seafood
products segment is projected to register the highest CAGR during the forecast
period.
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Regional Analysis
On the basis of region, the global protective
cultures market has been divided into North America, Europe, Asia-Pacific, and
the rest of the world.
The market in Europe is expected to dominate the
global Protective Cultures Market Analysis. The growing demand for green and
clean label products, need for increasing the longevity of shelf life, and high
concentration of protective culture manufacturers in the region are the major
factors affecting the growth of the market. The market in Asia-Pacific is
expected to be the fastest-growing during the forecast period.
Industry Updates
In 2018, DSM expanded its protective culture
portfolio Delvo Guard to reinforce safety standards for clean label products.
These products were designed to extend shelf life of dairy products by inhibiting
the growth of yeast and mold without affecting the taste and texture of the
products.
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