Global starter culture market is expected to reach USD 1.5 Billion by 2025, growing at a CAGR of over 4%, in value terms owing to the rising demand for bacterial or yeast-based starter cultures for the production of dairy products like cheese, curd, yogurt etc. Moreover, the increasing of bacterial and yeast-based starter cultures for the fermentation of cereals to produce alcoholic beverages like beer and whiskey coupled with the increasing popularity of fermented foods due to associated health-benefits will propel the growth of the market further in the coming years.
Global starter culture market is segmented based on type, application and region. Based on the type, the bacterial segment is expected to grow at the highest CAGR by 2025, due to widespread use of bacterial starter cultures in dairy for producing curd and cheese. Based on the application, the dairy sub-segment of the non-alcoholic drinks segment led the market in 2019 and the segment is expected to maintain its position during the forecast period owing to the increasing use of starter-culture in the production of dairy products.
Regionally, Europe & CIS region dominated the market in 2019 and the region is expected to grow at the highest CAGR during the forecast period due to widespread adoption of starter cultures for wine and cheese production.
Some of the leading players operating in the global starter culture market include Angel Yeast Co. Ltd, Chr. Hansen A/S, Csk Food Enrichment B.V, Dohler Group, Danisco A/S, Lactina Ltd, Lb Bulgaricum Plc., Lallemand Inc, Lesaffre Group, Wyeast Laboratories Inc. etc.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyse and forecast the market size of Global Starter Culture Market, in terms of value and volume.
- To classify and forecast Global Starter Culture based on shell material type, core phase, technology and regional distribution.
- To identify drivers and challenges for Global Starter Culture Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Starter Culture Market.
- To conduct the pricing analysis for Global Starter Culture Market.
- To identify and analyse the profile of leading manufacturers in the Global Starter Culture Market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Starter Culture manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Starter Culture manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Starter Culture manufacturers across the globe.
TechSci Research calculated the market size of Global Starter Culture Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Table of Content :
- Product Overview
- Research Methodology
- Impact of COVID-19 on Global Starter Culture Market
- Executive Summary
- Voice of Customers
5.1.1. Brand Awareness
5.1.2. Brand Satisfaction
5.1.3. Factors Influencing Purchase Decisions
5.1.4. Product Awareness
- Global Starter Culture Production Overview
- Global Starter Culture Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type (Yeast, Bacteria, Molds and Others)
7.2.2. By Application (Alcoholic Beverages and Non-Alcoholic Beverages)
7.2.3. By Company
7.2.4. By Region
7.3. Market Attractiveness Index
- Asia-Pacific Starter Culture Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Application
8.2.3. By Country
8.3. Market Attractiveness Index
8.4. Asia-Pacific: Country Analysis
8.4.1. India Starter Culture Market Outlook
220.127.116.11. Market Size & Forecast
18.104.22.168.1. By Value & Volume
22.214.171.124. Market Share & Forecast
126.96.36.199.1. By Type
188.8.131.52.2. By Application
Mr. Ken Mathews
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