South and Central America Protective Cultures Market Size, Share, and Analysis by 2028

The protective cultures market in SCAM is expected to grow from US$ 10.83 million in 2021 to US$ 20.30 million by 2028; it is estimated to grow at a CAGR of 9.4% from 2021 to 2028.

The Brazil and Argentina are major economies in SCAM. Growing demand for natural preservatives are the major factor driving the growth of the SCAM protective cultures market. Consumer preference is shifting toward food and beverages with natural preservatives. Upsurge in the consumption of convenience and ready-to-eat food products propels the demand for foods with longer shelf life, which boosts the need for natural preservatives. Protective cultures are considered a promising alternative in comparison to lactic acid bacteria. The use of protective culture ensures the safety and quality of minimally processed foods items without chemical preservatives. It also extends the shelf life of ready-to-eat products with fresh-tasting. Rise in consumption of ready-to-eat food products coupled with increase in consumption of healthy food, specifically with clean label ingredients, are the major drivers projected to fuel the natural preservatives market growth. In addition, the consumer preference toward clean-label products is surging, owing to the use of bacterial cultures. For instance, in 2017, DSM launched the Delvo Guard range of clean-label dairy cultures designed to inhibit mold and yeast in fresh dairy products without affecting food quality or safety. The company stated that these protective cultures are an addition to DSM’s clean-label range. It delivers an entirely clean-label and natural solution to image-conscious brands looking to contribute to a more sustainable world and rise to the challenge of changing consumer trends and preferences. Moreover, before consumption, health-conscious consumers understand the ingredients used in products through transparent product labeling. Thus, the demand for clean label products comprising natural preservatives is increasing. According to the Food & Health Survey 2016, over 70% of consumers check expiry dates in supermarkets and hypermarkets. This shows that, while consumers value clean labels and natural products, shelf life is also a key driver of purchasing behavior. In addition, recent research has exhibited that consumers are willing to pay more for clean label products, with 1 in 2 people ready to pay at least 10% more for these products, such as yogurt free from artificial preservatives. All such factors drive the demand for the natural preservatives, which is further anticipated to drive the market in SCAM.Brazil has reported the highest number of COVID-19 cases in South and Central America, followed by Ecuador, Chile, Peru, and Argentina. Governments of South American countries have taken an array of actions to protect their citizens by limiting the spread of COVID-19. South America is anticipated to face lower export revenues, both from the lowered commodity prices and reduced export volumes, especially to China, Europe, and the US, which are important trade partners. Containment measures have reduced economic activities in the food and beverage sector in several South American countries. Manufacturers looking forward to reviving from the current situation by reshaping their strategies as well as product innovation.

SCAM Protective Cultures Market Segmentation  

 

SCAM Protective Cultures Market – By Target Microorganism

• Bacteria
• Yeasts & Molds

SCAM Protective Cultures Market – By Application

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

SCAM Protective Cultures Market– By Country

• Brazil
• Argentina
• Rest of South and Central America

SCAM Protective Cultures Market-Companies Mentioned

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

South and Central America Protective Cultures Report Scope