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Protective Cultures Market Revenue to Cross USD 343.42 Mn by 2028: The Insight Partners

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Protective Cultures Market Revenue to Cross USD 343.42 Mn by 2028: The Insight Partners

November 26
00:35 2021
The Insight partners has added Latest Report on “ Protective Cultures Market To 2028”, This report will gives you an in-depth analysis of Protective Cultures Market, It includes Covid 19 Impact, Demand, Size, share, Growth, Sales, Revenue, Supply and Future Opportunities in the market.

According to our latest market study on “Protective Cultures Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Target Microorganism (Bacteria, and Yeasts and Molds) and Application (Food Processing and Animal Feed),” the market was valued at US$ 180.21 million in 2021 and is projected to reach US$ 343.42 million by 2028; it is expected to grow at a CAGR of 9.6% from 2021 to 2028. The report highlights key factors driving the market and prominent players, along with their major developments, in the market.

Report Coverage Details

Market Size Value in- US$ 180.21 million in 2021

Market Size Value by- US$ 343.42 million by 2028         

Growth rate- CAGR of 9.6 % from 2021 to 2028       

Forecast Period- 2021-2028

Base Year- 2021

Historical data available- Yes

Regional scope- North America; Europe; Asia Pacific; Latin America; MEA           

Country scope- US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage- Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Get Exclusive Sample Pages of Protective Cultures Market at

 https://www.theinsightpartners.com/sample/TIPRE00005372/

Increasing demand for natural and chemical preservative-free products and growing demand for perishable products with extended shelf life across the world drive the growth of the protective cultures market.

Protective cultures have always been an integral part of food cultures. Various organizations such as the European Food and Feed Cultures Association (EFFCA), World Trade Organization, European Food Safety Authority & Qualified Presumption of Safety, and Regulatory and Safety Requirements for Food Cultures set stringent regulations regarding food culture. These organizations have primarily established regulations for the precise definition of food culture, labeling, functions, safety, process, and technology. Such regulations for food culture are impacting the new entrants in the market, therefore, reducing the level of competition and hampering overall market growth.

Asia-Pacific is expected to register the highest CAGR during the forecast period 2021–2028. China is the most important dairy product market and is mainly driven by the increasing consumption of dairy products. The growing demand for dairy products such as natural snacks, fermented dairy products such as sour milk, and yogurt coupled with product and packaging innovations is driving the growth of the dairy product market in Asia-Pacific. Therefore, the protective cultures market is expected to witness significant growth in the coming years owing to the increasing consumption of dairy products and the benefits of protective cultures, such as the ability to inhibit the growth of pathogenic and spoilage microorganisms.

Effect of COVID-19 on Protective Cultures Market

The ongoing COVID-19 pandemic has had a relatively positive impact on the protective cultures market. The pandemic helped to develop an interest and awareness related to the microbial cultures. The crisis has been a disagreeable and a stressful time for most of the population across the world. Therefore, the people across the world have started consuming clean label products. After the advent of the COVID-19 pandemic, people have become more cautious regarding food and are consuming healthier food than usual diet. The COVID-19 pandemic has changed the consumer’s perception of clean beyond labels or products. Consumers continue to maintain their focus on clean label for at-home as well as out-of-home purchases, which is increasing the application of clean label in the various food applications. Moreover, the outlook for economic progress across most countries is optimistic for 2021.

Download the Latest COVID-19 Analysis on Protective Cultures Market Growth Research Report at https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00005372

Based on target microorganism, the protective cultures market is bifurcated into bacteria, and yeast and molds. The yeast and molds segment accounted for a larger market share in 2020. Yeasts are a subset of fungi, a large group of organisms that also includes molds and mushrooms. They are typically single-celled organisms that have evolved to live in specialized environment. Yeast typically colonizes on high-salt or high-sugar foods, such as pickles, maple syrup, and others, which contribute to their deterioration. Fruits and liquids with a low pH are other targets, and there are some yeasts that develop on the surfaces of meat and cheese. Molds are made up of millions of microscopic cells that are linked together to create chains and can be found on bread, fruit, damp paper, and other surfaces. They can spoil dry foods, salted fish, fruits, jellies, bread, pickles, jams, and other similar products.

Protective Cultures Market: Competitive Landscape and Key Development 

A few of the major key players operating in the global protective cultures market are Biochem Srl, Bioprox, Chr. Hansen Holding A/S, Meat Cracks Technologie GmbH, DSM, Lallemand Inc., International Flavors & Fragrances Inc., Kerry Group, Sacco System, and Dalton Biotechnologies S.r.l.

Order a Copy of Protective Cultures Market Shares, Strategies and Forecasts 2020-2028 Research Report at  https://www.theinsightpartners.com/sample/TIPRE00005372/

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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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Country: India
Website: www.theinsightpartners.com/pr/protective-cultures-market

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