The South America microbial food culture market is expected to grow at a CAGR of XX% during the forecast period of 2017–2022. The market, estimated at USD XX billion as of 2017, is projected to reach USD XX billion by 2022. Microbial food cultures (MFC) are the viable bacteria, yeasts, and mold used in food production. These are used as food ingredients in fermented foods and as a probiotic in the food industry. The viability of microbial culture is important at the time of food consumption. MFC has been used for centuries for the conversion of the substrate into fermented food products with improved sensory properties.
The increased alcoholic beverage consumption, especially in the production of beer, is the primary driving factor for the South American market. MFC has a wide application market, from dairy to bakery, which has increased its consumption demand. Lactic acid bacteria and yeasts have used since long in the dairy and bakery applications, capturing a huge market. Moreover, the probiotic market, which has grown at a fast rate in recent years, has triggered the market growth. Consumers are looking for live food cultures that have positive health benefits. Despite the growing market, there is a need for innovative, different strains of cultures with high potential value in food processing. Biotechnological innovations are playing a great role in the advancement of microbial cultures. However, the stringent regulatory framework that places emphasis on its documented use is always a restraint for the market. MFC requires strict growth environment, which is sometimes hard to maintain in the processing plants and this hinders the market growth.
The market has been segmented into the type of culture, strain type, application and geography. The MFC market, by type, includes bacteria, yeast, and mould. Bacteria culture such as lactic acid bacteria holds the largest share in the market due to its significant use in the dairy industry. However, yeast consumption in beer and other applications is growing in the market. Mold is a fast-growing market supported by the huge cheese consumption. The various microbial culture strains available in the market are single-strain culture, multi-strain culture, and multi-strain mixed culture. By application type, the market is segmented into beverages, dairy, bakery, cereals and others. The beverages market is sub-segmented into alcoholic and non-alcoholic beverages. Beverages hold the largest share in the market due to the massive consumption of dairy and alcoholic beverages. Yeast has a dominant presence in the baked food industry with its vast consumption in the sour dough and bread manufacturing.
By geography, the South American market has been segmented into Brazil, Argentina and other countries. Brazil is the key player among South American countries.
Some of the major players capturing the market include -
The focus on reducing production cost through innovative cultures will be the future spotlight for the market. MFC are difficult to preserve for longer periods until food consumption, due to the adverse processing environment, which can be an attracting point for research.
Key Deliverables in the Study
Global Microbial Food Culture Market - Segmented by Type, Growth, Trends and Forecasts (2017 - 2022)
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