About Dairy Fermentation Starter
Dairy starter cultures are defied as the microorganisms that are purposely added to milk to initiate as well as carry out desired fermentation under controlled conditions. The major functions of fermented milk starter cultures are to extend shelf life as well as improve safety owing to the bio preservative function of metabolites produced. In addition, it also improves the sensory, rheological, as well as nutritional properties of fermented milk.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.0% |
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that Denmark Vendors will contribute the maximum growth to Global Dairy Fermentation Starter market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Chr. Hansen A/S (Denmark), Danisco A/S (Denmark), Koninklijke DSM N.V. (Netherland), Lallemand (Canada), Sacco System (Denmark), Dalton (Italy), BDF Natural Ingredients, S.L. (Spain), Lb Bulgaricum (Bulgaria) and Probio-Plus (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dairy Fermentation Starter market by Type (Mesophilic, Thermophilic and Probiotics), Application (Yoghurt, Cheese, Cream, Buttermilk and Others) and Region.
On the basis of geography, the market of Dairy Fermentation Starter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Increasing Production and Consumption of Dairy Products across the World
Market Growth Drivers:
A rise in dairy industry demand contributes to the continual growth of dairy fermentation starter market. For instance, according to an article published by UN's Food and Agriculture Organization (FAO), in 2018, India produced more than 186 million tonnes of milk, which was more than 22% of that year's global total milk production of 843 million tonnes. Hence, it will affect the growth of the market in the future.
Challenges:
High Prices of Some Products
Restraints:
Stringent Rules as well as Regulation
Opportunities:
Growing Demand from Emerging Market such as China, India, Brazil, among others
Market Leaders and their expansionary development strategies
In April 2021, DuPont Nutrition & Biosciences and Chr. Hansen Holding announced a partnership to develop and commercialize cultures for plant-based dairy alternatives.
In February 2021, Chr. Hansen introduced new cultures specifically designed for plant-based yogurts, catering to the growing demand for vegan alternatives.
According to Foreign Agricultural Service (FAS),” On October 13, 2017, Government of India’s (GOI) Food Safety and Standards Authority of India (FSSAI) amended the standards of milk and dairy products. FSSAI promulgated the draft standards of milk and dairy products notified earlier to the World Trade Organization (WTO) in December 2015, for comments. The regulation comes into effect from October 13, 2017”.
Key Target Audience
Dairy Fermentation Starter Companies, Regulatory Bodies, Component Suppliers, Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.