Microbial Cultures Market
Microbial Cultures Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Microbial Cultures Market Size and Growth
The microbial cultures market is experiencing robust growth, driven by increasing demand in pharmaceuticals, food and beverages, and agriculture. Valued at approximately $2.5 billion in 2023, the market is projected to expand significantly, fueled by advancements in biotechnology and rising awareness of health benefits associated with probiotics and fermented products.
Companies Covered
(Covid 19 Impact Covered)
◍ Chr. Hansen
◍ DuPont
◍ DSM
◍ Evonik
◍ HiMedia
◍ Ingredion
◍ Kerry Group
◍ Naturex
◍ Neogen
◍ NCIMB
The microbial cultures market features key players like Chr. Hansen, DuPont, DSM, and others, offering innovative solutions for food, agriculture, and healthcare. These companies enhance the market through R&D, quality products, and strategic partnerships. Selected revenue figures include:
- Chr. Hansen: €1.5 billion
- DuPont: $20 billion
- DSM: €10 billion
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Market Segmentation
By Application
Bakery & Confectionery
Dairy
Fruits and Vegetables
Beverages
Others
By Product
◍ Starter Cultures ◍ Adjunct & Aroma Cultures ◍ Probiotics
Others
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Market Growth
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$ X Billion USD
