Global Meat Starter Cultures Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

Meat Starter Cultures Market:

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Executive Summary

Global Meat Starter Cultures Market is valued approximately at USD 59.7 million in 2019 and is anticipated to grow with a growth rate of more than 3.9% over the forecast period 2020-2027. Starter culture are microorganisms mixed with meat, it maintains quality, color, texture, taste of meat. Meat Starter cultures provide storing quality of the meat along with maintaining the nutritional properties which in turn enhances consumer acceptability of the meat products. It controls the growth of undesirable organisms and increases the shelf life of the products. The increasing production of meat and seafood, rising awareness towards health benefits provided by meat starter cultures and consumer inclination towards packaged food products with higher shelf-life are the few factors responsible for growth of the market over the forecast period. For instance: as per Statista, the production volume of chicken in South Korea was 792 thousand tons in 2014 and has risen to 910 thousand tons of production volume of chicken in South Korea in 2018. Also, the poultry meat production in Brazil was 13.15 billion kilograms in 2015 and had risen to 13.51 billion kilograms of poultry meat production in Brazil in 2018. The total beef production in United States was 26.7 billion pounds in 2008 and had risen to 27.15 billion pounds of beef production in 2019, stated by Statista. Thus, rising consumption of meat has increased the demand for Meat Starter Cultures Market. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 05th September 2018, , DuPont Nutrition & Health launched YO-MIX® M11 starter culture, can perform well under fluctuating temperature and where sheer distances food products have to travel. However, stringent government regulations for the use of starter cultures in processed meat products is the major factor restraining the growth of global Meat Starter Cultures market during the forecast period.

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The regional analysis of global Meat Starter Cultures market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world owing to the huge percentage of consumers have been inclined toward packaged meat applications such as sausages, salami, and dry-cured meat. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Genesis Laboratories Ltd
Tht Probiotics And Starter Cultures
Codex-Ing Biotech Ingredients
Sacco System
Canada Compound
Biovitec
Stuffers Supply Company
Meat Cracks
Dnr Sausages Supplies
Microtec Gmbh

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Sausages
Salami
Dry-cured meat
Others

By Composition:
Multi-strain mix
Single strain
Multi-strain

By Microorganism:
Bacteria
Fungi

By Form:
Freeze-dried
Frozen

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Meat Starter Cultures Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Continuous…

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