In 2021, the market for functional food ingredients was estimated to be worth USD 98.9 billion. It is expected to reach USD 137.1 billion by 2026, with a 6.8% CAGR during the forecast period. The trend toward nutritional and convenience foods, as well as the rise in demand for fortified food and beverage products, are expected to drive market growth during the forecast period. However, factors such as adherence to international quality standards and regulations, as well as a lack of awareness about functional ingredients such as prebiotics and probiotics in developing countries, limit the mark’s growth.
Fermentation technology is frequently used to create compounds that are important to the economy and are useful in the energy, pharmaceutical, chemical, and food industries. Because traditional fermented foods are becoming more industrialised, biotechnology allows us to investigate technological changes or better methods of producing the foods to improve their quality. When the microbes become more productive, you should consider both the cost of the product and the cost of lowering it.
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Global Microbial Food Ingredients Market: Top Key Players
Lesaffre Group
Angel Yeast Co. Ltd.
Lallemand Inc.,
Wyeast Laboratories Inc.
Dohler Group
Lactina Ltd.
HiMedia Company
Danisco A/S
Hansen A/S
China biotics
Nebraska Cultures Inc.
Lb Bulgaricum Plc.
EandO Laboratories Ltd.
Csk Food Enrichment B.V.
Global Microbial Food Ingredients Market: By Types
Starter Cultures
Protective Cultures
Probiotic Cultures
Global Microbial Food Ingredients Market: By Applications
Food and Beverage Manufacturers
Animal Feed Additives
Global Microbial Food Ingredients Market: By Countries
United States
Canada
Germany
UK
France
Italy
Spain
Russia
China
Japan
South Korea
Australia
Thailand
Brazil
Argentina
Chile
South Africa
Egypt
UAE
Saudi Arabia
Manufacturers are becoming more interested in microbial culture as the concept of bio-preservation gains traction. Bio-preservation is a more appealing option than chemical and physical preservation. Food fermentations provide excellent models for investigating the fundamental principles and mechanisms of bio-preservation, and traditional fermentations may be valuable sources of new bio-preservation strains.
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