PUBLISHER: Allied Market Research | PRODUCT CODE: 1179651
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179651
The global bacteriocins and protective cultures market size was valued at $421.3 million in 2021 and is estimated to reach $768.5 million by 2031, registering a CAGR of 6.3% from 2022 to 2031.
Products intended to replace artificial preservatives and so encourage healthy eating are typically what distinguish the worldwide protective cultures market, notably in the food and beverage sector. Various bioscience firms that create all-natural solutions for food ingredients produce and market protective cultures for food and beverage goods. Numerous hypermarkets, department stores, and retail outlets have opened as a result of the expanding retail industry and the rise in FDI. It is crucial to avoid food products at these businesses from spoiling because they may have travelled great distances to get there. This factor creates lucrative opportunities in the global protective cultures markets over the forecast period.
As many of the chemical food additives used today may raise harmful concerns, modern society is more aware about the significance of food safety. For this reason, it is advantageous to highlight the advantages of natural resources and dietary benefits. Natural food without chemical additives are more popular due to their health benefits, thus growing demand for clean label and organic food products is expected to boost the demand for bacteriocins and protective culture during the forecast period.
According to the bacteriocins and protective cultures market analysis, the bacteriocins and protective cultures market is segmented into target organism, application and region. On the basis of target organism, the market is categorized into yeasts & molds and bacteria. By application, it is segmented into dairy and dairy products, meat and poultry products, seafood and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Turkey, South Africa and Rest of LAMEA).
Region wise, the Asia-Pacific region has significantly increased its market share for bacteriocins and protective cultures, and it is anticipated that it will maintain this share throughout the projected period. This is mostly attributable to rising milk product consumption and efforts to increase production capacity. Due to the consumption of dairy and organic goods, the region is expected to rise quickly over the forecast period and have the highest CAGR. Its population is also expected to grow, and awareness of cultural traditions, westernization, and shifting eating habits is also expected to increase.
The major players operating in the market are Aristomenis D. Phikas and Co SA., Biochem S.R.L, CHR. HANSEN HOLDING A/S, Dalton Biotecnologie S.r.l, DSM, M Food Group GMBH, Proxis Developpement, Puratos Group NV, Sacco S.R.L and Soyuzsnab Group of Companies..
Key Benefits For Stakeholders
By Target Microorganism
By Application
By Region