Monday 29 July 2019

Dairy Starter Culture Market Trends | Cost, Demand & Share | Forecast To 2028


Dairy Starter Culture Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Dairy starter culture is the microorganism that is exclusively used in the production of cultured dairy products like cheese and yogurt. It is mainly used for the production of lactic acid from lactose that in most cases causes in the coagulation of milk protein by lowering its pH value.

The factors that are playing a major role in the growth of dairy starter culture market are the rising awareness among consumers regarding the benefits of healthy dairy products, the high demand for the best quality dairy product, and the rising use of enhanced technology. However, contaminated dairy starter culture components and the low-grade quality of products may restrain the overall market growth in the years to come. The market is segmented based on type, temperature type, product type, nature type, function, and region.
Based on the nature type, multiple strain type and single strain type could classify the market in the forecast period. Flavor and acid production, acid production, and flavor production are the functions that could be explored in the market in the forecast period.
Globally, Europe accounted for the substantial share of dairy starter culture industry and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region, the high demand from the end-users, the presence of developed R&D sectors, and the rising use of latest technology.
North America and the Asia Pacific are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. The United States is a major consumer of dairy starter culture in this region. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. Developing countries like India and China are the major consumers of dairy starter culture in this region.
The key players of dairy starter culture market are BDF Ingredients, Tetra Pak, LB Bulgaricum P.L.C., Clerici-Sacco Group, CSK, and DSM. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.


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