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Download Free sampleThe global Cultures market was valued at 1121.12 Million USD in 2021 and will grow with a CAGR of 7.15% from 2021 to 2027.
The prime objective of Cultures Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Cultures Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Microbial food cultures include yeasts, bacteria, moulds used in the production of various food products including food including dairy products, fermented food products, probiotic food products and processed food products. In the recent years, probiotic cultures have gained popularity in dairy products due to the health benefits offered by these cultures. Probiotic cultures are being used on a large scale in food products as it helps in improving digestive system and protects the immune system.The top players cover Kerry, DSM, DuPont, Chr. Hansen, CSK, Lallemand, Sacco System, Soyuzsnab, Frutarom, Biochem SRL, LB Bulgaricum, Bioprox, Wecare-Bio, Anhui Jinlac Biotech, etc. The Top 3 players in Global Cultures market sales was 57.83% in 2019, while the share of top 5 players was 64.79%. Chr. Hansen is the leading supplier of Cultures, the production of which reached 1233 MT in 2019, accounting for about 34.60% of the Global market. The market is fragmented, also each company owns a broad product portfolio. Except policy affect, downstream demand is the key influence factor to the market.
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