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Functional food and food products help in providing additional nutritional benefits when compared to any normal food product. There are various ranges of functional food products available in the market such as functional cereals, bars, vegetables, snacks, dairy products, and others. These functional food products are aided with certain additional ingredients such as microbial food ingredients. The microbial food ingredients are highly preferred by the consumers in recent years owing to its various health benefits.
Microbial food ingredients market is projected to grow at a significant CAGR as there is an increase in the consumption of fermented beverages in the developed regions such as North America and Europe. At the same time, growth in urbanization and increased per capita spending on premium food and beverage products in the developing regions such as the Asia Pacific and Latin America are also projected to support the growth of the market.
Microbial food ingredients are certain microbial cultures and strains which are added to the food products in order to increase the shelf life of the food product, change in the texture, improve the taste, act as a natural food preservative, and helps enhance the flavor.
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Various types of microbial food ingredients are added to food products such as protective cultures, probiotic cultures, starter cultures, baking cultures, dairy cultures, fermenting cultures, and others to meet the growing diversified demand of consumers.
Microbial food ingredients have various applications in the food and beverage industry such as dairy products, fermented and non-fermented beverages, baked goods, breakfast cereals, and other ready-to-eat meals. There is a demand across every region for functional food products as the nutritional content in the microbial food ingredients are high when compared to any other food products.
Considering the spending pattern of consumers on premium health benefit products in recent years, the probiotics cultures demand is projected to rise significantly in the developed and developing regions. The presence of live bacteria and yeasts in the probiotics are extremely beneficial for intestinal health. These microbial food ingredients are good for the gut health of both humans and animals. Microbial food ingredients are expected to have steady growth in terms of both value and volume throughout the forecast period.
Some of the major companies that are present in the global Microbial Food Ingredients market are Chr. Hansen A/S, Dohler Group, E&O Laboratories Ltd., Angel Yeast Co. Ltd., HiMedia Company, Danisco A/S, China biotics, Csk Food Enrichment B.V., Nebraska Cultures Inc., Lactina Ltd., Wyeast Laboratories Inc., Lb Bulgaricum Plc., Lesaffre Group, Lallemand Inc., among the other microbial food ingredient players.
By Product Type
· Starter Cultures
· Protective Cultures
· Probiotic Cultures
· Single-Strain Culture
· Multi-Strain Culture
· Multi-Strain Mixed Culture
By End Use
· Food and Beverage Manufacturers
o Dairy Products
- Dairy-based Beverages
o Baked Products
o Breakfast Cereals
· Animal Feed Additives
· North America (U.S., Canada, and Mexico)
· Europe (Germany, France, Italy, Spain, U.K., and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Vietnam, and Rest of Asia Pacific)
· South America (Brazil, Argentina, and Rest of South America)
· Middle East & Africa (South Africa and Rest of MEA)
By microorganism type bacteria is expected to hold the majority of the market share in terms of value, owing to the presence of high amount of good bacteria in the body. The bacteria that is present in the microbial food ingredients will help aid in a healthy gut. Yeast and mold help protect the food products from getting spoilt or rotten. These microbial food ingredients will help increase the shelf life of food products.
By end-use segment, the dairy products are expected to hold a larger share of microbial food ingredients as there is a demand for dairy products among the consumers from all the regions. Followed by dairy products, baked products is expected to have a strong demand in the microbial food ingredients market, owing to the increase in the consumption of bakery products in western countries. In the beverage end-use segment, the alcoholic beverages are expected to hold the largest share in the microbial food ingredients market.
Currently, North America is expected to hold the largest market share in terms of value and volume throughout the forecast period in the microbial food ingredients market, due to the increase in the consumption of probiotics in the region. There is also an increase in the consumption of baked products in the region which is expected to drive the North America microbial food ingredients in the region.
Followed by North America, Europe is expected to hold the second-largest share in terms of value in the microbial food ingredients market. The increase in the consumer shift from the usage of artificial food ingredients to natural food ingredients is projected to support the growth of the market. Increasing consumer awareness about the benefits of microbial food ingredients in the developing regions is expected to drive the growth of microbial food ingredients in these regions.
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