South America Microbial Food Culture Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
South America Microbial Food Culture Market Analysis
The South America microbial food culture market is projected to grow at a CAGR of 3.1% during the forecast period 2020-2025
- The market is majorly driven by the rising growing consumer demand for fermented and functional foods, and its wide range of applications in industries such as yogurt, cheese, butter, fermented drinks, and many more. The large demand for microbial food culture in the food industries is due to its functional properties that improve the overall quality and shelf life of the product without any degradation of sensitive ingredients is expected to further strengthen its demand.
- Furthermore, increasing technological advancement in processing and frequent product launch of new ingredient offerings is expected to propel the microbial food culture market growth in the region.
South America Microbial Food Culture Market Trends
This section covers the major market trends shaping the South America Microbial Food Culture Market according to our research experts:
Rising Demand for Starter Culture in Food & Beverage Industries
The use of starter culture in food and beverage industries has increased significantly owing to the rising consumption of fermented food substantially in recent years due to their valuable traits that extend well beyond shelf life, preservation, and sensory qualities. Bacterial food cultures are used as starter cultures in the production of dairy products like yogurt, cheese, etc. as well as it is in meat products like pepperoni, dried ham, and salami. Yeast food cultures are used in the process of baking and brewing beer and wine. Moulds food cultures are popular in the production of various cheese and soy products. Thus with increasing health consciousness among people as well the preference for fermented food the food cultures market is anticipated to grow positively in terms of value and volume during the forecast period.
Argentina is Expected to have the Fastest Growing Market in the Region
Argentina is expected to have the fastest growth in the South American market. The large demand for microbial food culture in the country can be attributed to the changing human dietary patterns and the adoption of healthy habits. Moreover, the increasing demands for processed food and ready-to-eat products are further driving the microbial food culture market in the country as microbial food cultures are used in various fermented foods like dairy, bakery, beverages, and meat products. In addition, growing consumer demands for functional food and probiotic food supplements is expected to propel the market growth. The addition of microbial food culture improves the overall quality of the product without affecting its naturalness. Thus, health-conscious consumers drive the demand for functional food products and probiotic food in the country.
South America Microbial Food Culture Industry Overview
The South America microbial food culture market is competitive in nature having a large number of domestic and multinational players competing for market share. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the regional market include Koninklijke DSM NV., Corbion NV, Lallemand Inc., and Chr. Hansen Holding AS., among others.
South America Microbial Food Culture Market Leaders
-
Koninklijke DSM NV
-
Corbion NV
-
Lallemand Inc.
-
Chr. Hansen Holding AS
-
IGEA s.r.l.
*Disclaimer: Major Players sorted in no particular order
South America Microbial Food Culture Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Type
- 5.1.1 Starter Cultures
- 5.1.2 Adjunct and Aroma Cultures
- 5.1.3 Probiotics
-
5.2 By End-Industry
- 5.2.1 Bakery and Confectionery
- 5.2.2 Dairy
- 5.2.3 Fruits and Vegetables
- 5.2.4 Beverages
- 5.2.5 Other End-user Industries
-
5.3 By Country
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
-
6.4 Company Profiles
- 6.4.1 Koninklijke DSM NV
- 6.4.2 Corbion NV
- 6.4.3 Lallemand Inc.
- 6.4.4 Chr. Hansen Holding AS
- 6.4.5 IGEA s.r.l.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySouth America Microbial Food Culture Industry Segmentation
The South America microbial food culture market is segmented by type and its application in end-user industries. By type, the market is segmented into starter cultures, adjunct and aroma cultures, and probiotics; and by application into bakery and confectionery, dairy, fruits and vegetables, beverages, and other end-user industries. Also, the study provides an analysis of the microbial food culture market in the emerging and established markets across South America, including Brazil, Argentina, and the Rest of South America.
| By Type | Starter Cultures |
| Adjunct and Aroma Cultures | |
| Probiotics | |
| By End-Industry | Bakery and Confectionery |
| Dairy | |
| Fruits and Vegetables | |
| Beverages | |
| Other End-user Industries | |
| By Country | Brazil |
| Argentina | |
| Rest of South America |
South America Microbial Food Culture Market Research FAQs
What is the current South America Microbial Food Culture Market size?
The South America Microbial Food Culture Market is projected to register a CAGR of 3.10% during the forecast period (2024-2029)
Who are the key players in South America Microbial Food Culture Market?
Koninklijke DSM NV, Corbion NV, Lallemand Inc., Chr. Hansen Holding AS and IGEA s.r.l. are the major companies operating in the South America Microbial Food Culture Market.
What years does this South America Microbial Food Culture Market cover?
The report covers the South America Microbial Food Culture Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Microbial Food Culture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Microbial Food Culture Industry Report
Statistics for the 2024 South America Microbial Food Culture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Microbial Food Culture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
