Protective Cultures Market Global Market Demand, Growth, Opportunities, Top Key Players and Forecast to 2027
Market Highlights Protective cultures have been granted the GRAS status by the US FDA. The global protective cultures market is estimated to reach USD 110.0 million in 2019 and is expected to register a CAGR of 21.5% during the forecast period of 2019 to 2024. The food processors are increasingly focusing on reducing the wastage of food due to spoilage or bacterial growth and extending the shelf life of the products to reduce economic losses. Thus, the protective cultures have gained popularity among the food processors. The increasing consumer awareness, demand for healthy and clean label products, and the consumers’ willingness to pay a premium for clean label and natural products has contributed significantly to the adoption of protective cultures in food. However, increasing costs of the protective cultures is still a major restrain for the growth of the market. Key Players: Some of the key players in the global protective cultures market are Meat Cracks Technologie GmbH (Germ