wiseguyreports January 14, 2021

Market Highlights

Protective cultures have been granted the GRAS status by the US FDA. The global protective cultures market is estimated to reach USD 110.0 million in 2019 and is expected to register a CAGR of 21.5% during the forecast period of 2019 to 2024. The food processors are increasingly focusing on reducing the wastage of food due to spoilage or bacterial growth and extending the shelf life of the products to reduce economic losses. Thus, the protective cultures have gained popularity among the food processors. The increasing consumer awareness, demand for healthy and clean label products, and the consumers’ willingness to pay a premium for clean label and natural products has contributed significantly to the adoption of protective cultures in food. However, increasing costs of the protective cultures is still a major restrain for the growth of the market.

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Segmentation

The global protective cultures market has been segmented based on form, target microorganism, application, and region.

Based on form, the global protective cultures market has been divided into freeze-dried and frozen. The freeze-dried segment is expected to account for the larger market share in 2019. The ease of maintenance, storage, and transportation and culture viability are the major contributing factors for the growth of the freeze-dried segment. These cultures are comparatively inexpensive to frozen protective cultures and do not require significant support of cold chain.

The global protective cultures market has been bifurcated, by target microorganism, into yeast and mold and bacteria. The yeast and mold segment is expected to dominate the market in 2019 and is projected to record a higher growth rate. Yeast and mold are the major factors affecting the quality of the food products and the use of protective culture helps in reducing the wastage caused by these microbes.

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