Global Meat Starter Cultures Market Size to Exceed USD
From GlobeNewswire: 2024-04-12 11:00:00
The Global Meat Starter Cultures Market is set to grow from USD 22.10 million in 2023 to USD 106.3 million by 2033, with a CAGR of 4.30%. Meat cultures produce boiled meat products like boiled sausage. Factors driving market growth include a rapidly developing food industry and increased health awareness.
The frozen segment is expected to dominate the meat starter cultures market during the forecast period. The multi-strain mix composition is anticipated to hold the largest market share. Fungal strains are projected to see rapid growth in the market. The sausages segment is expected to lead in application categories.
North America is expected to hold the largest market share in the global meat starter cultures market, followed by Asia-Pacific, which is anticipated to see the fastest CAGR growth. Key companies in the market include Canada Compound, DSM, and Danisco (DuPont). Recent developments include Chr. Hansen expanding its Bactoferm Series with a new starter culture for dried, cured meats.
The study forecasts revenue at global, regional, and country levels from 2020 to 2033, segmented by form, composition, microorganisms, application, and region. This comprehensive analysis provides insights into market trends, key players, and future growth opportunities.
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