Market Size of Africa Microbial Food Culture Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.80 % |
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?
Africa Microbial Food Culture Market Analysis
The Africa microbial food culture market is projected to grow at a CAGR of 3.8% during the forecast period 2020-2025.
- The market is majorly driven by the growing consumer demands for functional food and probiotic food supplements, along with the rising awareness regarding the consumption of fermented food products. In addition, 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. Several organizations, such as Yoba-for-Life, Heifer International, and Joma Kenyatta University of Agriculture and Technology are working on probiotic strains and product development. For instance, in 2016, these organizations together had aimed to donate one-gram sachets containing probiotic Lactobacillus rhamnosus GR-1 bacteria and Streptococcus thermophilus strain, for around USD 0.50 each in Tanzania, Uganda, and Kenya.