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Asia Pacific Protective Cultures Market

2021

Asia Pacific Protective Cultures Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Target Microorganism (Bacteria and Yeasts & Molds) and Application (Food Processing and Animal Feed)

Publication Month: Nov 2021 | Report Code: TIPRE00025726 | No. of Pages: 83 | Category: Food and Beverages | Status: Published

Market Insights

Asia Pacific Protective Cultures Market to Grow at a CAGR of 10.4% to reach US$ 76.21 million from 2021 to 2028

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The protective cultures market in APAC is expected to grow from US$ 38.04 million in 2021 to US$ 76.21 million by 2028; it is estimated to grow at a CAGR of 10.4% from 2021 to 2028.

China, Japan, and India are major economies in APAC. Rising demand from untapped region are the major factor driving the growth of the APAC protective cultures market. Region such as Asia Pacific, exhibit higher growth than Europe and North America, due to rapid urbanization rates in countries such as China and India. Rapid urbanization, higher disposable incomes, and busy work life are boosting the adoption of western dietary patterns among Chinese and Indians. This factor, in turn, has upsurged the demand for microbial culture in dairy products application. Most of the Asia-Pacific dairy markets are unorganized. The region remains the growing market for microbial cultures due to strong demand from countries such as China. The manufacturers are eyeing this potential region. Also, they are heavily investing in bringing the latest innovations and increasing production capacity to meet the growing demand in the region. Since the regions are utilizing chemical or plant-based preservatives and not microbial, which would create lucrative opportunities for the protective culture market in the future. Hence, all these factors are expected to provide vast opportunities for the growth of the protective culture market in untapped regions during the forecast period, which is further anticipated to drive the market in APAC.

Asian economies have been hit hard by the COVID-19 pandemic. India has recorded the highest number of cases, and the emergence of new COVID-19 waves in India, Thailand, and other Asian economies has prolonged the effect of pandemic upon the food & beverages industry. The governments of various APAC economies are taking possible steps to restrict the spread of the virus, which is directly impacting the growth of industrial sectors, in turn, negatively affecting the protective cultures market growth.
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APAC Protective Cultures Market Segmentation

APAC Protective Cultures Market – By Target Microorganism

  • Bacteria
  • Yeasts & Molds

APAC Protective Cultures Market – By Application

  • Food Processing
    • Dairy Products
    • Beverages
    • Meat, Poultry, & Seafood Products
    • Others
  • Animal Feed

APAC Protective Cultures Market– By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific

APAC Protective Cultures Market-Companies Mentioned

  • Bioprox
  • Chr. Hansen Holding A/S
  • DSM
  • International Flavors & Fragrances Inc.
  • Kerry Group
  • Lallemand Inc.
  • Sacco Systems

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection

3.2.2 Primary Interviews

3.2.3 Hypothesis Formulation

3.2.4 Macro-economic Factor Analysis

3.2.5 Developing Base Number

3.2.6 Data Triangulation

3.2.7 Country Level Data

3.2.8 Limitations & Assumptions

4. APAC Protective Cultures Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Buyers:

4.2.2 Bargaining Power of Suppliers:

4.2.3 Threat of Substitutes:

4.2.4 Threat of New Entrants:

4.2.5 Competitive Rivalry:

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Protective Cultures Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Consumption of Dairy Products

5.1.2 Growing Demand for Natural Preservatives

5.2 Market Restraints

5.2.1 Stringent Regulations Regarding Usage of Protective Cultures

5.3 Market Opportunities

5.3.1 Emergence of Animal Feed as Lucrative Application

5.3.2 Rising Demand From Untapped Region

5.4 Future Trends

5.4.1 Increasing Concerns for Food Wastage

5.5 Impact Analysis of Drivers and Restraints

6. Protective Cultures – APAC Market Analysis

6.1 APAC Protective Cultures Market Overview

6.2 APAC Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Protective Cultures Market Analysis – By Target Microorganism

7.1 Overview

7.2 APAC Protective Cultures Market, By Category (2020 and 2028)

7.3 Bacteria

7.3.1 Overview

7.3.1 Bacteria: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Yeasts & Molds

7.4.1 Overview

7.4.2 Yeasts & Molds: APAC Protective cultures Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Protective Cultures Market Analysis – By Application

8.1 Overview

8.2 APAC Protective Cultures Market, By Application (2020 and 2028)

8.3 Food Processing

8.3.1 Overview

8.3.2 Food Processing: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

8.3.2.1 Dairy Products: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

8.3.2.2 Beverages: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

8.3.2.3 Meat, Poultry, & Seafood Products: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

8.3.2.4 Others: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Animal Feed

8.4.1 Overview

8.4.2 Animal Feed: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Protective Cultures Market – Country Analysis

9.1 Asia-Pacific: Protective Cultures Market

9.1.1 Asia-Pacific: Protective Cultures Market, by Key Country

9.1.1.1 China: Protective Cultures Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.1.1 China: Protective Cultures Market, by Target Microorganism

9.1.1.1.2 China: Protective Cultures Market, by Application

9.1.1.2 Japan: Protective Cultures Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.2.1 Japan: Protective Cultures Market, by Target Microorganism

9.1.1.2.2 Japan: Protective Cultures Market, by Application

9.1.1.3 India: Protective Cultures Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.3.1 India: Protective Cultures Market, by Target Microorganism

9.1.1.3.2 India: Protective Cultures Market, by Application

9.1.1.4 South Korea: Protective Cultures Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.4.1 South Korea: Protective Cultures Market, by Target Microorganism

9.1.1.4.2 South Korea: Protective Cultures Market, by Application

9.1.1.5 Australia: Protective Cultures Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.5.1 Australia: Protective Cultures Market, by Target Microorganism

9.1.1.5.2 Australia: Protective Cultures Market, by Application

9.1.1.6 Rest of Asia-Pacific: Protective Cultures Market –Analysis and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of Asia-Pacific: Protective Cultures Market, by Target Microorganism

9.1.1.6.2 Rest of Asia-Pacific: Protective Cultures Market, by Application

10. Overview- Impact of Coronavirus Outbreak

10.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Merger & Acquisition

11.2 Product Launch

12. Company Profiles

12.1 Bioprox

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Chr. Hansen Holding A/S

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 DSM

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Lallemand Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 International Flavors & Fragrances Inc.

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Kerry Group

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Sacco Systems

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. APAC Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. China Protective Cultures Market, by Target Microorganism – Revenue and Forecast to 2028 (US$ Million)

Table 3. China Protective Cultures Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 4. Japan Protective Cultures Market, by Target Microorganism – Revenue and Forecast to 2028 (US$ Million)

Table 5. Japan Protective Cultures Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 6. India Protective Cultures Market, by Target Microorganism – Revenue and Forecast to 2028 (US$ Million)

Table 7. India Protective Cultures Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 8. South Korea Protective Cultures Market, by Target Microorganism – Revenue and Forecast to 2028 (US$ Million)

Table 9. South Korea Protective Cultures Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 10. Australia Protective Cultures Market, by Target Microorganism – Revenue and Forecast to 2028 (US$ Million)

Table 11. Australia Protective Cultures Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 12. Rest of Asia-Pacific Protective Cultures Market, by Target Microorganism – Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of Asia-Pacific Protective Cultures Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Protective Cultures Market Segmentation

Figure 2. APAC Protective Cultures Market Segmentation – By Country

Figure 3. APAC Protective Cultures Market Overview

Figure 4. APAC Protective Cultures Market, By Target Microorganism

Figure 5. APAC Protective Cultures Market, By Country

Figure 6. APAC Protective Cultures Market, Industry Landscape

Figure 7. Porter ‘s Five Forces Analysis for APAC Protective Cultures Market

Figure 8. APAC Protective Cultures Market – Ecosystem Analysis

Figure 9. Expert Opinion

Figure 10. APAC Protective Cultures Market Impact Analysis of Drivers and Restraints

Figure 11. APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. APAC Protective Cultures Market Revenue Share, By Target Microorganism (2020 and 2028)

Figure 13. Bacteria: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Yeasts & Molds: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Protective Cultures Market Revenue Share, By Application (2020 and 2028)

Figure 16. Food Processing: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Dairy Products: Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Beverages: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Meat, Poultry, & Seafood Products: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Others: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Animal Feed: APAC Protective Cultures Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Asia-Pacific: Protective Cultures Market – Revenue by Country to 2028 (US$ Million)

Figure 23. Asia-Pacific: Protective Cultures Market Revenue Share, by Key Country (2020 and 2028)

Figure 24. China: Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

Figure 25. Japan: Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26. India: Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27. South Korea: Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28. Australia: Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29. Rest of Asia-Pacific: Protective Cultures Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30. Impact of COVID-19 Pandemic in Asia-Pacific

  1. Bioprox
  2. Chr. Hansen Holding A/S
  3. DSM
  4. International Flavors & Fragrances Inc.
  5. Kerry Group
  6. Lallemand Inc.
  7. Sacco Systems
  • To understand the APAC protective cultures market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC protective cultures market
  • Efficiently plan M&A and partnership deals in APAC protective cultures market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC protective cultures market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
TIPRE00025726
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