Market Size of Microbial Culture Industry
|2019 - 2029
|Market Size (2024)
|USD 2.07 Billion
|Market Size (2029)
|USD 2.62 Billion
|CAGR (2024 - 2029)
|Fastest Growing Market
*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.