Research and Markets have announced the addition of the "Global Starter Culture Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2014 to 2024" report to their offering.

The starter culture market was valued at USD814.4Mn by value and 1,107.5 kiloton by volume in 2015 and is expected to reach USD1,426.9 Mn by value and 1,896.1 kiloton by volume by 2024, expanding at a CAGR of 6.1% by value and 5.8% by volume from 2016 to 2024.

The starter culture market is anticipated to grow over the forecast period, due to increase in the use of fermented food and beverages, with rampant consumption of alcoholic globally. Starter culture market is segmented on the basis of the type of microorganism use such as lactic starter culture and non-lactic starter culture. Lactic starter culture further segmented as Cocci and Rods.

Alcoholic starter culture market is largest in Europe. Non-alcoholic starters play important role in cheese, baked and dairy products manufacturing. These are also used in the preparation of probiotics and fermented health drinks. Due to the change in consumption pattern globally, demand for fermented food increased extensively in last two decades and thus the global market for the Non-alcoholic starter is comparatively large. 

The market is dominated by few players such as Chr. Hansen A/S, Danisco A/S, and Lasaffre group. Other key players in this market are C.S.K. Food enrichment B.V., D.S.M. Food Specialities, Biena, Lallemand Inc., Wyeast laboratories and others. 

Key Market Movements: 

• Change in Consumers dietary pattern, rising demand for fermented, baked and dairy based products key growth driver for the market.
• Increased consumer awareness for preventive and better healthcare, increased use of probiotic drinks, a discovery of novel probiotics, would further drive the market during the forecast period.
• The market is driven by the substantial increase in the demand for alcoholic products also some region has seen tremendous technological advancement in the process of fermentation.
• Discovery of novel probiotics and fermented dairy beverages entering the market will boost the demand of the nutritious fermented product.
• The introduction of novel probiotics and fermented dairy beverages entering the market will further increase the demand of the fermented product.

Key Topics Covered: 

Chapter 1 Preface 

Chapter 2 Executive Summary 

Chapter 3 Global Starter Culture Market Analysis 

Chapter 4 Global Starter Culture Market Analysis, By Type (ability to utilize the lactose) 

Chapter 5 Global Starter Culture Market Analysis, By Organism Growth Temperature 

Chapter 6 Global Starter Culture Market Analysis, by Types of Starter, Used 

Chapter 7 Global Starter Culture Market Analysis, by Applications 

Chapter 8 Global Starter Culture Market, By Geography 

Chapter 9 Company Profiles 

• Latina Limited
• CSK Food Enrichment B.V.
• BDF Natural Ingredients, S.L.
• Döhler Group
• Angel Yeast Co. Ltd.
• DSM Food Specialties
• Tetra Pak International SA
• Clerici-Sacco Group
• LB Bulgaricum P.L.C.
• Danisco A/S
• Lallemand, Inc.
• Lesaffre Group
• Biena, Inc.
• Wyeast Laboratories, Inc.
• Chr. Hansen A/S

For more information about this report visit http://www.researchandmarkets.com/research/jlvqc8/global_starter

Source: PRNewswire