Food Cultures Market Growth Outlook Through 2024-2033

Overview and Scope
Food cultures refer to specific strains of microorganisms intentionally added to food during processing to achieve desired characteristics. They are critical in traditional and industrial food production, contributing to the sensory attributes, preservation, and nutritional value of various fermented and non-fermented foods consumed.

Sizing and Forecast
The food cultures market size has grown exponentially in recent years. It will grow from $6.63 billion in 2023 to $8.93 billion in 2024 at a compound annual growth rate (CAGR) of 34.7%. The growth in the historic period can be attributed to increasing food scarcity, prices and insufficient supply of food in many regions, increasing demand for immune-boosting products, increase the focus on food safety and infant formula, and increase in the food borne diseases.

The food cultures market size is expected to see exponential growth in the next few years. It will grow to $29.71 billion in 2028 at a compound annual growth rate (CAGR) of 35.1%. The growth in the forecast period can be attributed to increasing the demand for food products, increasing globalization of food culture, increase the shelf life of food products, increase in demand for food, and increase consumption of meat and meat products. Major trends in the forecast period include plant-based and vegan foods, sustainability and eco-consciousness, adventurous and playful flavors, trend support local and seasonal foods, growing interest in preserving and celebrating culinary traditions from various cultures.

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Segmentation & Regional Insights
The food cultures market covered in this report is segmented –

1) By Product: Starter Cultures, Protective Cultures, Probiotic Cultures
2) By Microorganism Type: Bacteria, Yeast, Mold
3) By Function: Flavoring, Preservative, Texture, Other Functions
4) By Application: Dairy Products, Meat, Beverage, Other Applications

North America was the largest region in the food cultures market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food cultures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The rise in the prevalence of foodborne diseases is expected to propel the growth of the food culture market going forward. Foodborne diseases are preventable diseases caused by consuming contaminated food or drink, leading to symptoms ranging from mild discomfort to severe and potentially life-threatening conditions. The prevalence of foodborne diseases is due to poor personal hygiene, improper holding temperatures, and contaminated equipment/cross-contamination. Food cultures (FC) contribute to the distinctive sensory characteristics of fermented foods, such as flavor, color, and texture, while also aiding in extending the shelf-life of foods by outcompeting spoilage microbes, reducing food waste and the potential for foodborne illnesses. For instance, in December 2023, according to the European Food Safety Authority, an Italy-based government agency, in 2022, there were 5,763 foodborne outbreaks in the EU, a 44% increase compared with 2021. Therefore, the rise in the popularity of foodborne diseases drives the food culture market.

Key Industry Players
Major companies operating in the food cultures market are Associated British Foods PLC, International Flavours&Fragrances Inc., Kerry Group PLC, Givaudan SA, Angel Yeast Co.Ltd., Corbion NV, Lallemand Inc., Chr.Hansen Holding A/, The TATUA Co-operative Dairy Company Ltd., Cargill Incorporated, Meat Cracks Technologie GmbH, CSK Food Erichment B.V, Azuma Foods International Inc., LB Bulgaricum Ltd., Wyeast Laboratories Inc, E&Olaboratories Ltd., Sacco Srl, Dalton Biotechnologie S.r.l, The Cultured Food Company, Lactina Ltd.

The food cultures market report table of contents includes:

1. Executive Summary
2. Food Cultures Market Characteristics
3. Food Cultures Market Trends And Strategies
4. Food Cultures Market – Macro Economic Scenario
5. Global Food Cultures Market Size and Growth
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32. Global Food Cultures Market Competitive Benchmarking
33. Global Food Cultures Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Food Cultures Market
35. Food Cultures Market Future Outlook and Potential Analysis
36. Appendix

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