Industry Background:
The starter culture is dried fermented meat products which are those microorganisms that are used in the cultured product, this starter culture can provide certain characteristics in more controlled and predictable fermentation. The meat starter culture is used for developing color, flavor and provide safety, these starters usually consist of a cultivation medium, such as grains, seeds, or nutrient liquids that have been well captured by the microorganisms used for the fermentation. With the growing consumption of meat products and ready to eat packaged meat products along with the boost in the retail industry is estimated to grow meat starter culture market during the forecasted year.
According to AMA Research, the market for Meat Starter Culture is expected to register a CAGR of 3.9% during the forecast period to 2027. This growth is primarily driven by The need for using starter culture in meat to accelerate the production of lactic acid from the fermentation sugars. The meats are most lovable among a large number of people around the world, it need to be fermented before the consumption for preservation and adding taste to it..
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | K Units |
Value Unit | Value (USD Million) |
Key Companies in Study | Meat Cracks Technologie GmbH (Germany), Chr. Hansen A/S (Denmark), DuPont Nutrition & Biosciences (Denmark), Kerry Inc. (Ireland), KR/ Trinova AG (Switzerland), Galactic S.A. (Belgium), Proquiga Biotech, SA (Spain), Sacco System (Italy) and Canada Compound Corporation (Canada) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Increasing Consumer Towards Ready to Eat Refrigerated Foods. Major Vendors, such as Meat Cracks Technologie GmbH (Germany), Chr. Hansen A/S (Denmark), DuPont Nutrition & Biosciences (Denmark), Kerry Inc. (Ireland), KR/ Trinova AG (Switzerland), Galactic S.A. (Belgium), Proquiga Biotech, SA (Spain), Sacco System (Italy) and Canada Compound Corporation (Canada) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The meat starter culture market is a highly fragmented market as there are many players. They are focusing on expanding their portfolio by forming various marketing strategies. The companies are expanding their product portfolio through geographical expansion, merger & acquisition. They are also planning to establish research and development plants.
Regulatory Insights:
"Food starter cultures (microorganisms) used directly in food production are regarded as food ingredients in the European Union (EU). If a starter is added to a food product, the requirements established in the General Food Law should be accomplished by the food operator. The food cultures used as starters in the fermentation of foods are not subject to EU premarketing regulation unless they are regarded as being novel to the EU market and their consumers. However, regarding safety concerns, any food cultures to be introduced in food should be evaluated. The approaches for assessing the safety of microorganisms entering the human food chain differ considerably depending on the applicable legislation if any."
Market Drivers
- The need for using starter culture in meat to accelerate the production of lactic acid from the fermentation sugars. The meats are most lovable among a large number of people around the world, it need to be fermented before the consumption for preservation and adding taste to it.
Market Trend
- Increasing Consumer Towards Ready to Eat Refrigerated Foods
Restraints
- Health-Related Issues Associated with Meat Starter Culture
- Stringent Regulatory Guidelines Regarding Meat Starter Culture
Opportunities
Surging Demand for Meat Starter Culture From Developing Nations and Rising Online Retail Industry will Boost the Meat Starter Culture
Challenges
Intense Competition Between the Players of Meat Starter Culture Due to Various Players in the Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Meat Starter Culture Study Sheds Light on
The Meat Starter Culture Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Meat Starter Culture industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Meat Starter Culture industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.