Market Size of Freeze-Dried Microbial Food Culture Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.60 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Freeze Dried Microbial Food Culture Market Analysis
Global freeze-dried microbial food culture marketis projected to grow at a CAGR of 3.6% during the forecast period.
- The increasing demand for probiotic and fermented food and beverages is likely to drive the market for freeze-dried microbial cultures.Furthermore, fermented beverages, such as kefir, kombucha, and kvass, have gained popularity among consumers in the recent years, especially in North America and Europe, as these are considered to be natural alternatives to artificially carbonated beverages.
- The rise in preference for microbial cultures in various fermentation in food & beverage applications for betterhealth benefits, adds novel taste, enhances texture and aesthetic appeal of the food and beverage products. Food & beverage manufacturers are seeking innovative ingredients to enhance shelf life of their products to meet the changing consumer needs.