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Global Meat Starter Cultures Market Insight
2022-01-04 Comments

The meat starter culture is forecast to crazy increase over the next four years. According to the World Knowledge Information (WKI) “Global Meat Starter Cultures Professional Survey Report 2021, Forecast to 2026”, With the rapid improvement of people’s health awareness and the impact of the COVID-19, the meat starter culture industry is developing at an incredible speed. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 4.2% base on WKI regression analysis model.
Analysts’ Viewpoint
“Meat starter culture help improve keeping or storing quality of the meat while maintaining the nutritional properties which enhances consumer acceptability of the meat products.” said Jimmy Joy, Senior analyst, Consumer Goods Market Research Center in WKI. “Manufactures must obtain environmental quality certificates, permit certificates and other relevant certifications before manufacturing microorganisms on an industrial level.”
Market insight:
The World Trade Organization (WTO) has laid down stringent rules and regulations for the import and export of living microbes. The manufacturer has to obtain an environment clearance certificate, quality certificate, and some other related certifications before manufacturing microorganisms at the industrial level. Since the starter culture industry involves high risk with respect to the health and environment, it would not be easy for new manufacturers to enter the starter culture market. There have been special regulatory measures present for companies to discard the culture and biological effluent after the production. The outbreak of the coronavirus in 2020 led to high unemployment rates and stalled dining at restaurants for several months; the shutdown during the pandemic has been causing people to cook more at home. The longer people stayed at their homes, they have been dependent on packaged food products and propelled the demand for food with a higher shelf-life.

Competition Landscape:
In January 2019, Chr. Hansen (Denmark) launched a new starter culture in extension to its Bactoferm Series to primarily offer color, color stability, and development of flavor in dried, cured meats, such as dried sausages as per the rising demand in the North American and European regions. Many meat retailers are focusing on introducing their brands of processed meat products which are cost-effective, ready-to-cook, and can be stored for a longer period of time. This is considered to be one of the important factors impacting the growth of meat starter culture market. Increasing awareness among wide range of population regarding their protein intake in the daily diet has influenced growth of global meat industry and eventually the expansion of meat starter culture market. The meat starter culture industry is at high risk to health and the environment, so it will not be easy for new manufacturers to enter the meat starter culture market. Some of the leading players will include in our report: Chr. Hansen, Danisco, Kerry, SOYUZSNAB, International Flavors&Fragrances, Galactic, Sacco System, Canada Compound and others.

Segmentation of Meat Starter Cultures Market:
Based on microorganism, bacteria dominated the market. Starter cultures are used to initiate the fermentation of meat products such as sausages, salami, and dry-cured meat. There are two types of microorganisms that are mainly used as meat starter cultures, namely, bacteria and fungi. Bacteria-based starter cultures are that are majorly used in the industry include lactic acid bacteria (LAB) and coagulase-negative staphylococci (CNS). These are the dominant microorganisms that are used in meat products to prohibit pathogens and spoilage microorganisms during the pre-and post-processing of meat products. Also, according to an article published on The Guardian in 2020, the monthly British Retail Consortium-ShopperTrak survey showed the number of British citizens venturing out to shop in the month of May was just 20% of what it was in 2019. The study also stated that the pandemic led consumers to prevent retail shopping, else a major percentage of people would prefer retail shopping. The consumer psyche revolves around the shopping experience and the physical touch of the product before purchase. Therefore, post-pandemic era there would be a surge in demand for organized retail stores, resulting in increased demand for packaged meat products.

Meat Starter Cultures Market: Regional Analysis
In terms of geography, the global hand sanitizer market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Europe has been a major contributor to the growth of the processed meat industry, as a huge percentage of consumers have been inclined toward packaged meat applications such as sausages, salami, and dry-cured meat. The busier lifestyles of consumers in Western European countries such as Germany, the UK, France, and Italy have been propelling the demand for meat products with higher shelf-life. Therefore, augmenting the demand for meat starter cultures in this region. The European region consists of some of the major manufacturers from the meat starter culture market. The meat starter cultures market is highly consolidated in the emerging markets across Asia, Africa, and South America. The usage of meat starter cultures in small & medium enterprises has been a challenge due to lack of resources or the technology and facilities required to monitor high-quality meat starter cultures.

 

CAGR: 4.2%
Largest share area:Europe
Largest share country:Germany