Market Leaders: Chr. Hansen Holding A/S and Dsm are Focusing on Partnerships, Acquisitions, and Investment Strategies to Strengthen their Market Position
The global starter cultures market is estimated to be valued at USD 1.1 billion in 2022. It is projected to reach USD 1.5 billion by 2027, recording a CAGR of 5.5% during the forecast period. Starter cultures are living microorganisms such as bacteria, yeast, and mold. These cultures are deliberately added to milk to initiate fermentation and produce the desired products. The majority of primary starter cultures consist of different species of bacteria, such as Lactobacillus, Lactococcus, and Streptococcus. Lactic starters are used in a variety of applications such as preservation, lowering of redox potential, stabilization, proteolysis, and lipolysis. Apart from the demand for starter cultures in terms of quality, safety, technological effectiveness, and economics, other attributes are also considered while selecting strains for different non-alcoholic beverages.
Key players in this market include Chr. Hansen Holding A/S (Denmark), DuPont (US), IFF(US) and LB Bulgaricum (Bulgaria).
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Chr. Hansen Holding A/S is a global player in the bioscience industry. It develops solutions for various industries, such as food, nutrition, pharmaceuticals, and agriculture. The company is into developing and producing cultures, enzymes, probiotics, and natural colors for several applications, including foods, confectionery, beverages, dietary supplements, feed, and plant nutrition. The company is one of the leading suppliers of probiotic strains for infant formula, dietary supplements, and healthcare industries. It operates through three business segments: food cultures, enzymes, and health & nutrition.
The company masters complexity handling, with more than 400 strains and over 2,500 finished products manufactured at an industrial scale. Chr. Hansen operates a consolidated manufacturing footprint with 14 production sites globally. In April 2022, Chr. Hansen has launched the meat alternatives arena with the VEGA SAFEPRO range, a new offering designed to keep plant-based alternative proteins safe and fresh for longer.
IFF is a leading creator and manufacturer of food, beverage, health & biosciences, scent and pharma solutions, and adjacent complementary products, including cosmetic active and natural health ingredients, used in various consumer products. Companies’ products are sold principally to manufacturers of dairy, meat, beverages, snacks, savory, sweet, baked goods and other foods, personal care products, soaps and detergents, cleaning products, perfumes and cosmetics, dietary supplements, food protection, infant and elderly nutrition, functional food, pharmaceutical, and oral care products. As a result, the company holds global leadership positions in the food & beverage, home & personal care and health & wellness markets across key tastes, textures, scents, nutrition, enzymes, cultures, soy proteins, pharmaceutical excipients, biocides, and probiotics categories. The company serves starter cultures through its health & bioscience segment. It sells its starter culture products through DuPont’s Nutrition and Biosciences division. On February 1, 2021, pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) with DuPont de Nemours, Inc. (“DuPont”), a wholly-owned subsidiary of IFF merged with and into Nutrition & Biosciences, Inc. (“N&B”), a subsidiary of DuPont, holding its Nutrition and Biosciences business (the “N&B Business,” and such transaction, the “N&B Transaction”).
DSM is a Dutch multinational corporation active in health, nutrition, and materials. It caters to various global markets, including food and dietary supplements, life protection, medical devices, personal care, feed, automotive, paints, alternative energy, electrical and electronics, and bio-based materials. Life sciences and material sciences are the two revenue-generating business segments of DSM. Under life sciences, the company operates in the nutrition segment, comprising DSM Nutritional Products and DSM Food Specialties. These businesses cater to the food, feed, cosmetic, and pharmaceutical industries. Under material sciences, the company deals in performance materials and polymer intermediates. It also offers dairy-based starter culture products and technology to the food industry.
Related Reports:
Starter Cultures Market by Application (Dairy & dairy-based products, Meat & seafood, alcoholic & non-alcoholic beverages), Form, Composition (Multi-strain mix, Single strain, and Multi-strain), Microorganism and Region - Global Forecast to 2027
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