Market Snapshot:
The Microbial Food Ingredients market is on rising due to the increase in the consumption of fermented beverages. These are certain ingredients that are microbial cultures and strains which are added to the food products in order to increase the shelf life of the food products. The fermented products are used to change the texture of the ingredients. These are also used to improve the test of the food ingredients and act as natural food preservatives. It also helps to enhance the flavor of the food. The rising trend of adopting the urban culture is also helping to increase the demand for microbial food ingredients.
Highlights from Microbial Food Ingredients Market Study
Attributes | Details |
---|
Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
CAGR | 5.5% |
The key Vendors profiled in the report are Chr. Hansen A/S (Denmark), Dohler Group (Germany), E&O Laboratories Ltd (Scotland), Angel Yeast Co. Ltd. (China), HiMedia Company (India), Danisco A/S (Denmark), China biotics (China), Csk Food Enrichment B.V. (Netherlands), Nebraska Cultures Inc. (United States), Lactina Ltd. (Bulgaria) and Wyeast Laboratories Inc. (United States). Additionally, other players that are part of this comprehensive study are Lb Bulgaricum Plc. (Bulgaria), Lesaffre Group (France) and Lallemand Inc. (Canada).
Geographic Breakdown and Segment Analysis
The Global Microbial Food Ingredients market presents a comprehensive analysis of the Microbial Food Ingredients market by product type (Starter Cultures, Protective Cultures and Probiotic Cultures), by end-user/application (Food and Manufacture Industry, Baked Products, Breakfast Cereals, Beverages and Animal Feed Additives), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Microbial Food Ingredients industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Microbial Food Ingredients market
Analyst at AMA have segmented the market study of Global Microbial Food Ingredients market by Type, Application and Region.
Influencing Trend:
Increasing Adoption of The Ingredients Due to The Increased Sale of The Preserved Food and Increasing Trend in The Awareness About the Benefits of The Microbial Food Ingredients
Market Growth Drivers:
Increase in The Consumption of The Preserved Food, Increasing Application of The Ingredients and A Shift in The Usage of Artificial Ingredients to Natural Ingredients
Challenges:
Fierce Competition in The Market
Restraints:
High Cost of The Ingredients
Opportunities:
Increased Research and Development on The Ingredients
Market Developments Activities:
In April, 2024 Ginkgo Bioworks which is building the leading platform for cell programming and biosecurity, announced the acquisition of AgBiome's platform assets, including over 115,000 fully sequenced and isolated strains, over 500 million unique gene sequences, and relevant functional data and metadata, as well as AgBiome's development pipeline.
In May 2018, Chr. Hansen had launched DVS White Flora which is a newly started culture that is designed especially for white cheese. This new product consists of three different cultures that help the formation of cheese and also adhere to the quality standards. and In July 2018, Chr. Hansen had launched the GalliPro Fit which is a probiotic which is combined with the three different strains into a single product. The product creates 3 in 1 solution for the challenges in the poultry industry.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Microbial Food Ingredients, Venture Capitalists and Private Equity Firms and End-Use Industry