The purpose of the report is to illustrate the state of the market of Starter Culture, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Starter culture is the key ingredient of various fermentation industries and it is anticipated that starter culture will grow significantly during forecast period due to increase in use of fermented food and beverages, with rampant consumption of alcoholic globally. Starter culture market is segmented on the basis of type of microorganism use such as lactic starter culture and non lactic starter culture. Lactic starter culture further segmented as Cocci and Rods. Non lactic starter culture further segmented as Bacteria (Except Rods and Cocci), Molds and Yeast. Currently Lactic acid starter culture held largest market share as it is a key ingredient of various baked products, probiotics and beverage preparing industries. Global starter culture market categorized on the basis of strain used to initiate fermentation process; currently mix strain starter culture is major revenue generating segment due to its consistency and predictability widely accepted in milk industry especially in cheese manufacturing industries. According to micro-organisms growth temperature global starter culture market segmented as mesophilic starter culture and thermophilic starter culture.
However, the market is dominated by fewplayers such asChr. Hansen A/S, Danisco A/S, and Lasaffre group. Other key players in this market are C.S.K. Food enrichment B.V., D.S.M. Food Specialities, Biena, Lallemand Inc., Wyeast laboratories and others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Starter Culture buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Starter Culture contains:
Analysis and forecast of Starter Culture market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Starter Culture market;
Assessment and forecast of Starter Culture market development;
Financial and business profiles of the leading companies in the Starter Culture industry.
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– Up to date working Starter Culture data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Starter Culture for the period 2018 to 2026
– Planned Starter Culture additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Starter Culture projects by region, key countries, and companies
– Details of major planned Starter Culture projects in the world up to 2026
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