Protective Cultures Market Report - Industry Size and Global Share 2021: Business Expansion Strategies, Growth Dynamics, Opportunities and Challenges Forecast to 2027
Global Protective Cultures Market is expected to reach the market valuation of US$ 651.8 million by 2027 expanding at a significant CAGR of 22.5% during the forecast period (2021-2027) from US$ 133.4 million in 2019. Access to a sufficient amount of safe and nutritious food is key to sustain and promote a healthy and good life. Unsafe food containing harmful bacteria, viruses, parasites, or chemical substances, causes more than 200 diseases ranging from diarrhea to cancers. It has been estimated that 600 million and almost 1 in 10 people in the world fall ill after eating contaminated food and 420,000 die each year. It results in the loss of 33 million healthy life years. While US$ 110 billion is lost each year in productivity and medical expenses resulting from unsafe food in low and middle-income countries. Hence, not to impact the quality of food, the addition of cultures to food meals is one of the innovative and imperative steps from the fields of food microbiology
The various factors driving the Protective
Cultures market include the growing instances of food wastages, rising demand
for the extended shelf life of perishable products, growing preference for
clean label products in protective cultures. Moreover,
these microorganisms may have additional functional properties and, in some
circumstances, they can be beneficial for the consumers. Protective Cultures
can contribute to the flavor, texture, and nutritional value of the product.
The concept of “protective cultures” is a broad one and it is not strictly
related to the production of bacteriocins.
However, high prices of protective cultures
and lack of awareness to are expected to hinder the growth of the Protective
Cultures market.
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Global food waste is a far-reaching
problem that has led to tremendous financial, ethical, and environmental costs
across the world. It has been estimated that around 1.3 billion tonnes of food
is wasted globally each year which accounts for 1/3rd of all food
produced for human consumption according to the Food and Agriculture
Organization of the United Nations. Further, the amount of food lost or wasted
costs US$ 2.6 Trillion annually and is more than enough to feed more than 800
million hungry people around the world.
In
low-income countries, it has been observed that the loss occurs more often in
the earlier stages. For instance, in Sub-Saharan Africa, around 83% of food is
lost during production, handling/storage, and processing, while just 5% is
wasted by consumers, according to the World Resources Institute. Conversely, in
North America and Oceania, 32% is lost in earlier stages, and 61% is wasted by consumers.
Based on product form, the market is fragmented into freeze-dried
and frozen. The freeze-dried segment dominated the market in 2019 accounting
for 46.1% and is anticipated to maintain its dominance during the forecast
period. The increasing demand for probiotic and fermented food and beverages
products tend to catalyze the demand for freeze-dried protective cultures.
Based on target microorganisms, the market is bifurcated
into yeasts & molds, and bacteria. market. As fermented products are
susceptible to damage by micro-organisms, they majorly include yeasts, molds,
and bacteria. The market share of yeasts and molds is the major contributor to
the global protective cultures market.
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Based on composition, the market is fragmented into multi-strain
mixed, single strain, and multi-strain. The multi-strain mixed segment
dominated the market in 2019 and accounted for 77% and is anticipated to
maintain its dominance during the forecast period. Multi-Strain Mixed
protective cultures are the most used as they offer more benefits over single
and multi-strain cultures.
The various applications where the protective cultures are
being utilized include dairy and dairy products, meat and poultry
products, seafood products, and others. Dairy and Dairy
Products dominated the market and accounted for 50.8% in 2019 and is
anticipated to maintain their dominance during the analyzed period. However,
the seafood products segment is expected to grow at the highest CAGR of 22.9%
during the forecast period as biopreservation is considered a powerful and
natural tool to extend shelf life and to enhance the safety of foods by
applying naturally occurring microorganisms and/or their inherent antibacterial
compounds of defined quality and at certain quantities
Additionally, the report provides detailed
initiatives that are being taken in the field of the Protective Cultures. The
market is classified into distinct regions including North
America (the U.S and Canada), Europe (Germany, France, Spain, Italy, and United
Kingdom), Asia-Pacific (China, Japan, India, South Korea, and Australia), Rest
of the World. Europe
dominated the market and generated revenue of US$ 52.8 Million in 2019 attributed
to surging exports of dairy products across regions and being one of the
prominent regions with the 2nd largest dairy sector across the globe.
However, the rest of the world is expected to witness the highest CAGR growth
of 24% during the forecast period 2021-2027.
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Chr Hansen, Dupont, Sacco S.R.L, CSK Food Enrichment B.V., Kerry
Group PLC, Royal DSM N.V., Meat Cracks Technology GmbH, and Dalton
Biotechnologies and Biochem S.R.L are some of the prominent players operating in the global protective
cultures market. Several M&As along with
partnerships have been undertaken by these players to develop protective cultures.
Global Protective
Culture Market Segmentation
Market Insight,
by Product Form
·
Freeze-Dried
·
Frozen
Market Insight,
by Target Micro-Organisms
·
Yeasts &
Molds
·
Bacteria
Market Insight,
by Composition
·
Multi-Strain
MIxed
·
Single Strain
·
Multi-Strain
Market Insight,
by Application
·
Dairy and Dairy
Products
·
Meat and
Poultry Products
·
Seafood
Products
·
Others
Market Insight,
by Region
· North America
o United States
o Canada
o Rest of North America
· Europe
o France
o Germany
o Italy
o Spain
o United Kingdom
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
· Rest of World
Top Company
Profiles
· Dupont
· Sacco S.R.L
· CSK Food
Enrichment B.V.
· Bioprox
· Kerry Group PLC
· Royal DSM N.V.
· Meat Cracks
Technology GmbH
· Dalton
Biotechnologies
· Biochem S.R.L
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Labels: Protective Cultures Market
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