Microbial Culture Market Size

Statistics for the 2023 & 2024 Microbial Culture market size, created by Mordor Intelligence™ Industry Reports. Microbial Culture size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Microbial Culture Industry

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Microbial Culture Market Size
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Study Period 2019 - 2029
Market Size (2024) USD 2.07 Billion
Market Size (2029) USD 2.62 Billion
CAGR (2024 - 2029) 4.73 %
Fastest Growing Market Asia Pacific
Largest Market Europe

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Microbial Culture Market Analysis

The Microbial Culture Market size is estimated at USD 2.07 billion in 2024, and is expected to reach USD 2.62 billion by 2029, growing at a CAGR of 4.73% during the forecast period (2024-2029).

  • Fermented foods have grown tremendously in recent years giving way to a profitable market of food culture. Probiotics and functional foods are the new trends in the market capturing the world across, from the US to developing regions. Functional dairy products have created a huge competition among microbial culture companies.
  • Microbial culture is also gaining attraction from the manufacturers due to the growing acceptance of the bio-preservation concept. Bio-preservation is an attractive alternative to chemical and physical preservation. Food fermentations offer excellent models for studying the basic principles and mechanisms of bio-preservation, and traditional fermentations may be valuable resources of new strains for bio-preservation.

 

Microbiology Culture Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)