DUBLIN–(BUSINESS WIRE)–The “Protective Cultures Market by Product Form (Freeze-dried and Frozen), Target Microorganism (Yeasts & Molds and Bacteria), Application (Dairy & Dairy Products, Meat & Poultry Products, and Seafood), Composition, and Region – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
“Protective Cultures Market by Product Form (Freeze-dried and Frozen), Target Microorganism (Yeasts & Molds and Bacteria), Application (Dairy & Dairy Products, Meat & Poultry Products, and Seafood), Composition, and Region – Global Forecast to 2023”
The protective cultures market is estimated at USD 101 million in 2018 and projected to grow at a CAGR of 23.6%, to reach USD 292 million by 2023.
The growth of the protective cultures market is driven by the rising demand for dairy and clean label products. The key driver for market growth is the increasing demand for natural preservative-free products and clean label products. Microbial Food Cultures (MFC) are preparations or formulations consisting of concentrates of one or more microbial species and/or strains including unavoidable media components carried over from the fermentation and components, which are necessary for their survival, storage, standardization, and to facilitate their application in the food production process.
The report segments the protective cultures on the basis of component, technology, edible oil, refining method, operation, and region. In terms of insights, this report has focused on various levels of analyses competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global protective cultures, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Demand for Clean Label Products
Consumer Preference Toward an Active Lifestyle
Reducing Food Spoilage
Increasing Demand for Natural, Preservative-Free Products
Technological Developments to Promote Protective Cultures
Demand for Extending the Shelf Life of Perishable Products
Growing Need to Control Food Wastage
Stringent Regulations Concerning the Use of Protective Cultures
World Trade Organization
European Food Safety Authority & Qualified Presumption of Safety
European Food & Feed Cultures Association (Effca)
Regulatory and Safety Requirements for Food Cultures
High Price of Protective Cultures
Emerging Markets: New Growth Frontiers
Growth Prospects for Untapped Industrial Applications
Lack of Consumer Awareness
Aristomenis D. Phikas & Co S.A
CSK Food Enrichment B.V.
Dalton Biotechnologies S.R.L
Meat Cracks Technologie GmbH
Soyuzsnab Group of Companies
For more information about this report visit https://www.researchandmarkets.com/research/nkkkqp/100_million?w=4