Fermented foods have grown tremendously in recent years resulting in a profitable market for food culture. The demand for traditional foods, beverages and the growing probiotic and functional food market in Africa, are driving the microbial food culture market (MFC). The MFC market in Africa is expected to grow at a CAGR of XX% during the forecast period of 2017-2022. The market, estimated at USD XX billion as of 2017, is projected to reach USD XX billion by 2022. Microbial food cultures (MFC) are the viable bacteria, yeasts, and mold used in food production. These are used as food ingredients in fermented foods and as a probiotic in the food industry. MFC has been used for centuries for the conversion of substrate into fermented food products with improved sensory properties.
The high consumption of fermented foods and alcoholic beverages in Africa is boosting the MFC market growth. Moreover, traditional fermented foods and beverages are also a major section in the Africa MFC market. Probiotics and functional foods are an emerging market boosting the African MFC market growth; which has widened the application market from dairy to bakery. Lactic acid bacteria and yeasts have been used since long in the dairy and bakery applications, capturing a huge market. Moreover, the probiotic market, which has grown at a fast rate in recent years, has triggered the market growth. Consumers are looking for live food cultures that have positive health benefits. Despite the growing market, there is a need for innovative, different strains of cultures with high potential value in food processing. Biotechnological innovations are playing a great role in the advancement of microbial cultures. However, MFC requires strict growth environment, which is sometimes hard to maintain in the processing plants and this hinders the market growth.
The market has been segmented into the type of culture, strain type, application and geography. The MFC market, by type, includes bacteria, yeast, and mould. Bacteria culture such as lactic acid bacteria holds the largest share in the market due to its significant use in the dairy industry. However, yeast consumption in beer and other applications is growing in the market. Mold is a fast-growing market supported by the huge cheese consumption. The various microbial culture strains available in the market are single-strain culture, multi-strain culture, and multi-strain mixed culture. By application type, the market is segmented into beverages, dairy, bakery, cereals and others. The beverages market is sub-segmented into alcoholic and non-alcoholic beverages. Beverages hold the largest share in the market due to the massive consumption of dairy and alcoholic beverages. Yeast has a dominant presence in the baked food industry with its vast consumption in the sour dough and bread manufacturing.
The African region comprises of South Africa and other countries. South Africa has potential growth prospects in the MFC market due to the high consumption of traditional fermented alcoholic/non-alcoholic beverages and foods.
Some of the major players capturing the market include:
Chr. Hansen A/S
Wyeast Laboratories Inc
Lb Bulgaricum plc
The focus on reducing production cost through innovative cultures will be the future spotlight for the market. MFC are difficult to preserve for longer periods until food consumption due to the adverse processing environment, which can be an attracting point for research.
Key Deliverables in the Study
Market analysis for the Africa microbial food culture market, with region-specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the African market.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Africa microbial food culture market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insight about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.2 Research Designs
2.3 Study Timeline
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. MARKET OVERVIEW
4. Market Dynamics
4.1.1 Increased Alcoholic Beverages Consumption
4.1.2 Wide Application Market with High-Demand from Dairy and Bakery Sectors
4.1.3 Probiotic Market Encouraging Significant Growth
4.2.1 Strict Growth Conditions
4.3.1 Growing Functional Food and Beverages Market
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers
4.4.2 Bargaining Power of Suppliers
4.4.3 Degree of Competition
4.4.4 Threat of New Entrants
4.4.5 Threat of Substitute Products and Services
5. MARKET SEGMENTATION
5.1 Market Segmentation
5.1.1 By Type
5.1.2 By Strain Type
18.104.22.168 Single-Strain Culture
22.214.171.124 Multi-Strain Culture
126.96.36.199 Multi-Strain Mixed Culture
5.1.3 By Application
188.8.131.52.2 Non-Alcoholic (Except Dairy-Based)
5.1.4 By Geography
184.108.40.206 South Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Active Companies in the Past Five Years
6.3 Most Preferred Strategic Approach by Major Companies
7. COMPANY PROFILES
7.1 Chr. Hansen A/S
7.2 Wyeast Laboratories Inc
7.3 Danisco A/S
7.4 Lake Foods
7.5 Lb Bulgaricum Plc.
7.6 Lallemand Inc.
7.7 Lesaffre Group
7.8 Kerry Group
7.9 Centre for Agriculture and Biosciences International (CABI)
7.10 Lyosan Inc.