MarketResearchNest Reports adds “Global Dairy Cultures Market Growth 2019-2024”new report to its research database. The report spread across 158 pages with multiple tables and figures in it.
This comprehensive Dairy Cultures Market research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
Dairy starter cultures are microorganisms that are intentionally added to milk in order to create a desired outcome in the final product, most often through their growth and fermentation processes.
Dairy Cultures are freeze-dried starter cultures that are used for bulk starter preparation. It can be used in yoghurt, Kefir, pasta filata, fermented milk, cheese, and so on. Among various applications, consumption from cheese industry held largest share with 32.02% globally in 2017.
The dairy culture industry is highly concentrated as one company, Chr. Hansen, owns about 45% sales share globally. Global production of dairy culture increased from 4491 MT in 2013 to 5678 MT in 2017, backed with promising dairy market. Production of dairy culture mainly concentrates in Europe and North America presently.
According to this study, over the next five years the Dairy Cultures market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 1080 million by 2024, from US$ 760 million in 2019
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This report also splits the market by region:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report
Anhui Jinlac Biotech
Segmentation by product type:
Segmentation by application:
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- To study and analyze the global Dairy Cultures consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Dairy Cultures market by identifying its various subsegments.
- Focuses on the key global Dairy Cultures manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Dairy Cultures with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Dairy Cultures submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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