North America Starter Cultures Market is Expected to Reach $307.4 Million by 2019, at a CAGR of 6.7% From 2014 to 2019
FORT WORTH, Texas, June 3, 2015 /PRNewswire/ --
The North American starter cultures market report defines and segments the starter cultures market in North America with analysis and forecast of revenue. The starter cultures market in North America is estimated to grow from $222.1million in 2014 to $307.4 million by 2019, at a CAGR of 6.7% from 2014 to 2019.
Browse through the TOC of the North America Starter Cultures Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentations in the market, and is supported by various tables and figures.
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Starter culture refers to the microbial culture that includes living organisms such as yeast, bacteria, and molds that cause fermentation. These starter cultures usually consist of a cultivation medium, such as grains, seeds, or nutrient liquids that have been well colonized by microorganisms used for fermentation. A wide range of grains, fruits, and vegetable by-products are used as a base to produce both alcoholic and non-alcoholic beverages. The commonly used micro-organisms in fermentation include bacteria, yeasts and molds.
The North American starter cultures market is dominated by the U.S., followed by Canada. In the U.S., consumer health and wellness awareness is rapidly rising and so is the demand for healthy beverages. Thus, there is intense competition among the beverage manufacturers.
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The production of fermented beverages depends upon the type of the starter culture used as it imparts the health and appetizing characteristics to the drinks. The competition is influencing the development and increased production of new and improved non-alcoholic fermented beverages that add value to American consumers. For example, lactic acid bacteria used in drinking yogurt helps to restore the balance in the human intestinal system. Thus, with the growing production of non-alcoholic fermented beverages, the demand for the corresponding starter cultures in North America is also expanding.
This report also includes market share, value chain analyses, along with market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of the key players in this market.
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