Dairy Starter Culture Market Size, Share Report, 2021-2027
[Research Report] The dairy starter culture market was valued at US$ 1,124.3 million in 2018 and is projected to reach US$ 1,670.2 million by 2027; it is expected to grow at a CAGR of 4.5% from 2021 to 2027.
Dairy starter culture refers to the microorganisms that are added to milk to achieve optimal product consistency. Dairy starter cultures are added during the process of microorganism development and fermentation. In addition, lactic acid production from milk sugar (lactose) decreases the pH content, thus preserving the thickness of milk, thereby fueling the global dairy starter culture market.
The dairy starter culture market in Europe is expected to grow at the highest CAGR during the forecast period. The growth of the market in this region is mainly attributed to the well-established dairy industry. Different types of fermented milk products are becoming increasingly popular in Europe. Germany and France are major producers of dairy products ranging from milk to cheese, and they have dominance in the European Union. The consumption and production of cheese in the European Union has had a substantial effect on the starter culture market, which is critical in extending shelf-life to support exports to other regions. The different dairy product varieties in Europe are a key factor contributing to market growth through the deployment of cultures in cheese, fermented milk products, alcoholic drinks, and meat and seafood applications.
The rising demand for dairy starter culture in Europe has attracted the manufacturers to establish their presence in the region, which has further fueled the growth of the dairy starter culture market in Europe.
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Dairy Starter Culture Market: Strategic Insights
Market Size Value in US$ 1,124.3 Million in 2018 Market Size Value by US$ 1,670.2 Million by 2027 Growth rate CAGR of 4.5% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Dairy Starter Culture Market: Strategic Insights
| Market Size Value in | US$ 1,124.3 Million in 2018 |
| Market Size Value by | US$ 1,670.2 Million by 2027 |
| Growth rate | CAGR of 4.5% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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Impact of COVID-19 Pandemic on Dairy Starter Culture Market
The dairy starter culture market has experienced nominal growth in 2020 as a result of COVID-19, followed by a minor decline in demand. The market is being disrupted by COVID-19 because of the slowing slowdown of raw material production, supply chain instability, closing of hotels, restaurants, and cafes. In addition, the ongoing COVID-19 pandemic has drastically altered the growth status of the dairy starter culture industry because hotels, restaurants, and cafes are completely shut in many countries.
Market Insights
Growing Health Consciousness In Emerging Economies Is Expected to Fuel Dairy Starter Culture Market Growth
The growing market awareness and demand for safe dairy products have compelled manufacturers to produce high-quality dairy products by incorporating dairy starter culture components. The addition of dairy starter culture enhances the taste, texture, and color of the dairy products, resulting in the desired consistency. As a result of the demand for high-quality dairy products, the dairy starter culture market is expected to grow significantly during the forecast period. Furthermore, because of the health benefits of adding starter microorganisms to dairy products, such as protection against gastrointestinal infections, anti-carcinogenic effect, constipation relief, lowering serum cholesterol, strengthening the immune system, and antiallergenic qualities, the global dairy starter culture market is expected to grow in the near future.
Type Insights
Based on type, the dairy starter culture market is bifurcated into mesophilic bacteria and thermophilic bacteria. The thermophilic bacteria segment accounted for a larger market share in 2018. A thermophile is a form of extremophile that thrives at relatively high temperatures ranging from 41 to 122 °C (106 to 252 °F). Thermophiles will live at high temperatures, while other bacteria or archaea will be damaged if not killed if exposed to the same conditions. The thermophilic starters lower the pH balance of dairy products, preventing the growth of spoilage microorganisms and stimulating syneresis. It is essential in the case of yogurt because it provides taste and consistency. Thus, all are expected to propel the demand for the dairy starter culture during the forecast period.
Nature Insights
Based on nature, the dairy starter culture market is segmented into single strain type and multi strain type, The multi strain segment accounted for the largest market share in 2018. The global dairy starter culture market is led by the multi-strain type segment. The use of several strains of starter cultures extends the product's shelf life and offers a swelling characteristic appropriate for bakery products. As a result, the use of the multi-strain segment is expected to stimulate the growth of the global dairy starter culture industry.
A few players operating in the dairy starter culture market are BDF Natural Ingredients S.L.
Biolacter, Inc, Chr. Hansen Holding A/S, CSK food enrichment B.V., Dalton Biotecnologie S.R.L.,
Dohler Group, The Dow Chemical Company, Lallemand Inc., LB Bulgaricum, and Sacco System among many others. The key companies implement the mergers and acquisitions, and research and development strategies to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.
Report Spotlights
- Progressive industry trends in the dairy starter culture market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the dairy starter culture market from 2019 to 2027
- Estimation of global demand for dairy starter culture
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook as well as factors driving and restraining the growth of the dairy starter culture market
- Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the dairy starter culture market size at various nodes
- Detailed overview and segmentation of the market, as well as the dairy starter culture industry dynamics
- Size of the dairy starter culture market in various regions with promising growth opportunities
Dairy Starter Culture Market Report Scope
Dairy Starter Culture Market- by Type
- Mesophilic Bacteria
- Thermophilic Bacteria
Dairy Starter Culture Market – by Nature
- Single Strain Type
- Multi Strain Type
Dairy Starter Culture Market – by Product Type
- Buttermilk
- Cheese
- Ripened Butter
- Sour Cream
- Yogurt
- Others
Dairy Starter Culture Market – by Function
- Acid Production
- Flavor Production
- Others
Company Profiles
- BDF Natural Ingredients S.L.
- Biolacter, Inc
- Chr. Hansen Holding A/S
- CSK food enrichment B.V.
- Dalton Biotecnologie S.R.L.
- Dohler Group
- The Dow Chemical Company
- Lallemand Inc.
- LB Bulgaricum
- Sacco System
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Nature , Product Type , Function , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Dairy Starter Culture Market – By Type
1.3.2 Global Dairy Starter Culture Market – By Nature
1.3.3 Global Dairy Starter Culture Market – By Product Type
1.3.4 Global Dairy Starter Culture Market – By Function
1.3.5 Global Dairy Starter Culture Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Dairy Starter Culture Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 Expert Opinions
5. Dairy Starter Culture Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rapid Growth in Dairy Processing Industry
5.1.2 Upsurge Demand For Fermented Dairy Beverages
5.2 Key Market Restraints
5.2.1 Stringent Government Regulations
5.2.2 Strict Growth Condition
5.3 Key Market Opportunities
5.3.1 Increasing Production and Consumption of Dairy Products in Asia Pacific Region
5.3.2 Rising Health Awareness in Emerging Economies
5.4 Future Trends
5.4.1 Introduction of Genetically Modified Starter Culture
5.5 Impact Analysis Of Drivers And Restraints
6. Dairy Starter Culture– Global Market Analysis
6.1 Global Dairy Starter Culture Market Overview
6.2 Global Dairy Starter Culture Market Forecast And Analysis
6.3 Market Positioning
7. Global Dairy Starter Culture Market Analysis – By Type
7.1 Overview
7.2 Global Dairy Starter Culture Market Breakdown, By Type, 2018 & 2027
7.3 Mesophilic Bacteria
7.3.1 Overview
7.3.2 Global Mesophilic Bacteria Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
7.4 Thermophilic Bacteria
7.4.1 Overview
7.4.2 Global Thermophilic Bacteria Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN)
8. Global Dairy Starter Culture Market Analysis – By Nature
8.1 Overview
8.2 Global Dairy Starter Culture Market Breakdown, By Nature, 2018 & 2027
8.3 Single Strain Type
8.3.1 Overview
8.3.2 Global Single Strain Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ Mn)
8.4 Multi Strain Type
8.4.1 Overview
8.4.2 Global Multi Strain Type Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ Mn)
9. Global Dairy Starter Culture Market Analysis – By Product Type
9.1 Overview
9.2 Global Dairy Starter Culture Market Breakdown, By Product Type, 2018 & 2027
9.3 Buttermilk
9.3.1 Overview
9.3.2 Global Cultured Buttermilk Market Revenue Forecasts to 2027 (US$ Mn)
9.4 Cheese
9.4.1 Overview
9.4.2 Global Cheese Market Revenue Forecasts to 2027 (US$ Mn)
9.4.3 Brie
9.4.4 Camembert
9.4.5 Mozzarella
9.4.6 Cheddar
9.4.7 Gouda
9.4.8 Emmental
9.4.9 Others
9.5 Ripened Butter
9.5.1 Overview
9.5.2 Global Ripened Butter Market Revenue Forecasts to 2027 (US$ Mn)
9.6 Sour Cream
9.6.1 Overview
9.6.2 Global Sour Cream Market Revenue Forecasts to 2027 (US$ Mn)
9.7 Yogurt
9.7.1 Overview
9.7.2 Global Yogurt Market Revenue Forecasts to 2027 (US$ Mn)
9.8 Others
9.8.1 Overview
9.8.2 Global Others Market Revenue Forecasts to 2027 (US$ Mn)
10. Global Dairy Starter Culture Market Analysis – By Function
10.1 Overview
10.2 Global Dairy Starter Culture Market Breakdown, By Function, 2018 & 2027
10.3 Acid Production
10.3.1 Overview
10.3.2 Global Acid Production Market Revenue Forecasts to 2027 (US$ MN)
10.4 Flavor Production
10.4.1 Overview
10.4.2 Global Flavor Production Revenue And Forecasts to 2027 (US$ MN)
10.5 Others
10.5.1 Overview
10.5.2 Global Others Revenue Forecasts to 2027 (US$ MN)
11. Dairy Starter Culture Market – Geographical Analysis
11.1 Overview
11.2 North America Dairy Starter Culture Market Revenue And Forecasts To 2027
11.2.1 North America Dairy Starter Culture Market Volume and Revenue Forecasts to 2027 (US$ MN)
11.2.2 North America Dairy Starter Culture Market Breakdown by Type
11.2.3 North America Dairy Starter Culture Market Breakdown by Nature
11.2.4 North America Dairy Starter Culture Market Breakdown by Product Type
11.2.5 North America Dairy Starter Culture Market Breakdown by Function
11.2.6 North America Dairy Starter Culture Market Breakdown, by Key Countries
11.2.6.1 U.S. Dairy Starter Culture Market Volume and Revenue Forecasts to 2027 (US$ MN)
11.2.6.1.1 US Dairy Starter Culture Market Breakdown by Type
11.2.6.1.2 US Dairy Starter Culture Market Breakdown by Nature
11.2.6.1.3 US Dairy Starter Culture Market Breakdown by Product Type
11.2.6.1.4 US Dairy Starter Culture Market Breakdown by Function
11.2.6.2 Canada Dairy Starter Culture Market Volume and Revenue Forecasts to 2027 (US$ MN )
11.2.6.2.1 Canada Dairy Starter Culture Market Breakdown by Type
11.2.6.2.2 Canada Dairy Starter Culture Market Breakdown by Nature
11.2.6.2.3 Canada Dairy Starter Culture Market Breakdown by Product Type
11.2.6.2.4 Canada Dairy Starter Culture Market Breakdown by Function
11.2.6.3 Mexico Dairy Starter Culture Market Volume and Revenue Forecasts to 2027 (US$ MN )
11.2.6.3.1 Mexico Dairy Starter Culture Market Breakdown by Type
11.2.6.3.2 Mexico Dairy Starter Culture Market Breakdown by Nature
11.2.6.3.3 Mexico Dairy Starter Culture Market Breakdown by Product Type
11.2.6.3.4 Mexico Dairy Starter Culture Market Breakdown by Function
11.3 Europe Dairy Starter Culture Market Revenue Forecasts To 2027
11.3.1 Europe Dairy Starter Culture Market Volume and Revenue Forecasts to 2027 (US$ MN)
11.3.2 Europe Dairy Starter Culture Market Breakdown by Type
11.3.3 Europe Dairy Starter Culture Market Breakdown by Nature
11.3.4 Europe Dairy Starter Culture Market Breakdown by Product Type
11.3.5 Europe Dairy Starter Culture Market Breakdown by Function
11.3.6 Europe Dairy Starter Culture Market Breakdown, by Key Countries
11.3.6.1 Germany Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN)
11.3.6.1.1 Germany Dairy Starter Culture Market Breakdown by Type
11.3.6.1.2 Germany Dairy Starter Culture Market Breakdown by Nature
11.3.6.1.3 Germany Dairy Starter Culture Market Breakdown by Product Type
11.3.6.1.4 Germany Dairy Starter Culture Market Breakdown by Function
11.3.6.2 France Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN)
11.3.6.2.1 France Dairy Starter Culture Market Breakdown by Type
11.3.6.2.2 France Dairy Starter Culture Market Breakdown by Nature
11.3.6.2.3 France Dairy Starter Culture Market Breakdown by Product Type
11.3.6.2.4 France Dairy Starter Culture Market Breakdown by Function
11.3.6.3 UK Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN)
11.3.6.3.1 UK Dairy Starter Culture Market Breakdown by Type
11.3.6.3.2 UK Dairy Starter Culture Market Breakdown by Nature
11.3.6.3.3 UK Dairy Starter Culture Market Breakdown by Product Type
11.3.6.3.4 UK Dairy Starter Culture Market Breakdown by Function
11.3.6.4 Italy Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN )
11.3.6.4.1 Italy Dairy Starter Culture Market Breakdown by Type
11.3.6.4.2 Italy Dairy Starter Culture Market Breakdown by NATURE
11.3.6.4.3 Italy Dairy Starter Culture Market Breakdown by Product Type
11.3.6.4.4 Italy Dairy Starter Culture Market Breakdown by Function
11.3.6.5 Russia Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN)
11.3.6.5.1 Russia Dairy Starter Culture Market Breakdown by Type
11.3.6.5.2 Russia Dairy Starter Culture Market Breakdown by Nature
11.3.6.5.3 Russia Dairy Starter Culture Market Breakdown by Product Type
11.3.6.5.4 Russia Dairy Starter Culture Market Breakdown by Function
11.3.6.6 Rest of Europe Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN)
11.3.6.6.1 Rest Of Europe Dairy Starter Culture Market Breakdown by Type
11.3.6.6.2 Rest Of Europe Dairy Starter Culture Market Breakdown by Nature
11.3.6.6.3 Rest Of Europe Dairy Starter Culture Market Breakdown by Product Type
11.3.6.6.4 Rest Of Europe Dairy Starter Culture Market Breakdown by Function
11.4 Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027
11.4.1 Asia Pacific Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN)
11.4.2 Asia Pacific Dairy Starter Culture Market Breakdown by Type
11.4.3 Asia Pacific Dairy Starter Culture Market Breakdown by Nature
11.4.4 Asia Pacific Dairy Starter Culture Market Breakdown by Product Type
11.4.5 Asia Pacific Dairy Starter Culture Market Breakdown by Function
11.4.6 Asia Pacific Dairy Starter Culture Market Breakdown, by Key Countries
11.4.6.1 Australia Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.4.6.1.1 Australia Dairy Starter Culture Market Breakdown by Type
11.4.6.1.2 Australia Dairy Starter Culture Market Breakdown by Nature
11.4.6.1.3 Australia Dairy Starter Culture Market Breakdown by Product Type
11.4.6.1.4 Australia Dairy Starter Culture Market Breakdown by Function
11.4.6.2 China Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.4.6.2.1 China Dairy Starter Culture Market Breakdown by Type
11.4.6.2.2 China Dairy Starter Culture Market Breakdown by Nature
11.4.6.2.3 China Dairy Starter Culture Market Breakdown by Product Type
11.4.6.2.4 China Dairy Starter Culture Market Breakdown by Function
11.4.6.3 India Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.4.6.3.1 India Dairy Starter Culture Market Breakdown by Type
11.4.6.3.2 India Dairy Starter Culture Market Breakdown by Nature
11.4.6.3.3 India Dairy Starter Culture Market Breakdown by Product Type
11.4.6.3.4 India Dairy Starter Culture Market Breakdown by Function
11.4.6.4 Japan Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.4.6.4.1 Japan Dairy Starter Culture Market Breakdown by Type
11.4.6.4.2 Japan Dairy Starter Culture Market Breakdown by Nature
11.4.6.4.3 Japan Dairy Starter Culture Market Breakdown by Product Type
11.4.6.4.4 Japan Dairy Starter Culture Market Breakdown by Function
11.4.6.5 South Korea Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.4.6.5.1 South Korea Dairy Starter Culture Market Breakdown by Type
11.4.6.5.2 South Korea Dairy Starter Culture Market Breakdown by Nature
11.4.6.5.3 South Korea Dairy Starter Culture Market Breakdown by Product Type
11.4.6.5.4 South Korea Dairy Starter Culture Market Breakdown by Function
11.4.6.6 Rest of Asia Pacific Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.4.6.6.1 Rest of Asia Pacific Dairy Starter Culture Market Breakdown by Type
11.4.6.6.2 Rest of Asia Pacific Dairy Starter Culture Market Breakdown by Nature
11.4.6.6.3 Rest of Asia Pacific Dairy Starter Culture Market Breakdown by Product Type
11.4.6.6.4 Rest of Asia Pacific Dairy Starter Culture Market Breakdown by Function
11.5 Middle East And Africa Dairy Starter Culture Market Revenue And Forecasts To 2027
11.5.1 Middle East and Africa Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN)
11.5.2 Middle East and Africa Dairy Starter Culture Market Breakdown by Type
11.5.3 Middle East and Africa Dairy Starter Culture Market Breakdown by Nature
11.5.4 Middle East and Africa Dairy Starter Culture Market Breakdown by Product Type
11.5.5 Middle East and Africa Dairy Starter Culture Market Breakdown by Function
11.5.6 Middle East and Africa Dairy Starter Culture Market Breakdown, by Key Countries
11.5.6.1 South Africa Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.5.6.1.1 South Africa Dairy Starter Culture Market Breakdown by Type
11.5.6.1.2 South Africa Dairy Starter Culture Market Breakdown by Nature
11.5.6.1.3 South Africa Dairy Starter Culture Market Breakdown by Product Type
11.5.6.1.4 South Africa Dairy Starter Culture Market Breakdown by Function
11.5.6.2 Saudi Arabia Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.5.6.2.1 Saudi Arabia Dairy Starter Culture Market Breakdown by Type
11.5.6.2.2 Saudi Arabia Dairy Starter Culture Market Breakdown by Nature
11.5.6.2.3 Saudi Arabia Dairy Starter Culture Market Breakdown by Product Type
11.5.6.2.4 Saudi Arabia Dairy Starter Culture Market Breakdown by Function
11.5.6.3 UAE Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.5.6.3.1 UAE Dairy Starter Culture Market Breakdown by Type
11.5.6.3.2 UAE Dairy Starter Culture Market Breakdown by Nature
11.5.6.3.3 UAE Dairy Starter Culture Market Breakdown by Product Type
11.5.6.3.4 UAE Dairy Starter Culture Market Breakdown by Function
11.5.6.4 Rest of MEA Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.5.6.4.1 Rest of MEA Dairy Starter Culture Market Breakdown by Type
11.5.6.4.2 Rest of MEA Dairy Starter Culture Market Breakdown by Nature
11.5.6.4.3 Rest of MEA Dairy Starter Culture Market Breakdown by Product Type
11.5.6.4.4 Rest of MEA Dairy Starter Culture Market Breakdown by Function
11.6 South America Dairy Starter Culture Market Revenue And Forecasts To 2027
11.6.1 South America Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN)
11.6.2 Middle East and Africa Dairy Starter Culture Market Breakdown by Type
11.6.3 South America Dairy Starter Culture Market Breakdown by Nature
11.6.4 South America Dairy Starter Culture Market Breakdown by Product Type
11.6.5 South America Dairy Starter Culture Market Breakdown by Function
11.6.6 South America Dairy Starter Culture Market Breakdown, by Key Countries
11.6.6.1 Brazil Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.6.6.1.1 Brazil Dairy Starter Culture Market Breakdown by Type
11.6.6.1.2 Brazil Dairy Starter Culture Market Breakdown by Nature
11.6.6.1.3 Brazil Dairy Starter Culture Market Breakdown by Product Type
11.6.6.1.4 Brazil Dairy Starter Culture Market Breakdown by Function
11.6.6.2 Argentina Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.6.6.2.1 Argentina Dairy Starter Culture Market Breakdown by Type
11.6.6.2.2 Argentina Dairy Starter Culture Market Breakdown by Nature
11.6.6.2.3 Argentina Dairy Starter Culture Market Breakdown by Product Type
11.6.6.2.4 Argentina Dairy Starter Culture Market Breakdown by Function
11.6.6.3 Rest of SAM Dairy Starter Culture Market Revenue and Forecasts to 2027 (US$ MN )
11.6.6.3.1 Rest of SAM Dairy Starter Culture Market Breakdown by Type
11.6.6.3.2 Rest of SAM Dairy Starter Culture Market Breakdown by Nature
11.6.6.3.3 Rest of SAM Dairy Starter Culture Market Breakdown by Product Type
11.6.6.3.4 Rest of SAM Dairy Starter Culture Market Breakdown by Function
12. Industry Landscape
12.1 Merger & Acquisition
12.2 Corporate Communication
12.3 Strategy And Business Planning
12.4 Product News
13. Company Profiles
13.1 Bdf Natural Ingredients, S.L.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Biolacter, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 Chr. Hansen Holding A/S
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 CSK Food Enrichment B.V.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Dalton Biotecnologie S.R.L.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.6 Bioprox
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.7 The Dow Chemical Company (Dupont)
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Lallemand Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 LB Bulgaricum
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.10 Saccco System
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. Global Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Table 2. North America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 3. North America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 4. North America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 5. North America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 6. US Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 7. US Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 8. US Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 9. US Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 10. Canada Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 11. Canada Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 12. Canada Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 13. Canada Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 14. Mexico Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 15. Mexico Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 16. Mexico Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 17. Mexico Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 18. Europe Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 19. Europe Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 20. Europe Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 21. Europe Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 22. Germany Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 23. Germany Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 24. Germany Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 25. Germany Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 26. France Dairy Starter Culture Market Forecasts To 2027 – By Type (US$ Mn)
Table 27. France Dairy Starter Culture Market Revenue Forecasts To 2027 – By Nature (US$ Mn)
Table 28. France Dairy Starter Culture Market Forecasts To 2027 – By Product Type (US$ Mn)
Table 29. France Dairy Starter Culture Market Revenue Forecasts To 2027 – By Function (US$ Mn)
Table 30. UK Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 31. UK Dairy Starter Culture Market Revenue Forecasts To 2027 – By Nature (US$ Mn)
Table 32. UK Dairy Starter Culture Market Forecasts To 2027 – By Product Type (US$ Mn)
Table 33. UK Dairy Starter Culture Market Revenue Forecasts To 2027 – By Function (US$ Mn)
Table 34. Italy Dairy Starter Culture Market Revenue Forecasts To 2027 – By Type (US$ Mn)
Table 35. Italy Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 36. Italy Dairy Starter Culture Market Forecasts To 2027 – By Product Type (US$ Mn)
Table 37. Italy Dairy Starter Culture Market Revenue Forecasts To 2027 – By Function (US$ Mn)
Table 38. Russia Dairy Starter Culture Market Revenue Forecasts To 2027 – By Type (US$ Mn)
Table 39. Russia Dairy Starter Culture Market Revenue Forecasts To 2027 – By Nature (US$ Mn)
Table 40. Russia Dairy Starter Culture Market Forecasts To 2027 – By Product Type (US$ Mn)
Table 41. Russia Dairy Starter Culture Market Revenue Forecasts To 2027 – By Function (US$ Mn)
Table 42. Rest Of Europe Dairy Starter Culture Market Revenue Forecasts To 2027 – By Type (US$ Mn)
Table 43. Rest Of Europe Dairy Starter Culture Market Revenue Forecasts To 2027 – By Nature (US$ Mn)
Table 44. Rest Of Europe Dairy Starter Culture Market Forecasts To 2027 – By Product Type (US$ Mn)
Table 45. Rest Of Europe Dairy Starter Culture Market Revenue Forecasts To 2027 – By Function (US$ Mn)
Table 46. Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 47. Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 48. Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 49. Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 50. Australia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 51. Australia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 52. Australia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 53. Australia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 54. China Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 55. China Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 56. China Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 57. China Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 58. India Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 59. India Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 60. India Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 61. India Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 62. Japan Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 63. Japan Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 64. Japan Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 65. Japan Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 66. South Korea Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 67. South Korea Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 68. South Korea Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 69. South Korea Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 70. Rest Of Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 71. Rest Of Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 72. Rest Of Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 73. Rest Of Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 74. Middle East And Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 75. Middle East And Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 76. Middle East And Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 77. Middle East And Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 78. South Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 79. South Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 80. South Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 81. South Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 82. Saudi Arabia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 83. Saudi Arabia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 84. Saudi Arabia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 85. Saudi Arabia Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 86. UAE Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 87. UAE Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 88. UAE Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 89. UAE Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 90. Rest of MEA Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 91. Rest Of MEA Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 92. Rest of MEA Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 93. Rest Of MEA Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 94. South America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 95. South America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 96. South America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 97. South America Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 98. Brazil Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 99. Brazil Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 100. Brazil Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 101. Brazil Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 102. Argentina Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 103. Argentina Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 104. Argentina Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 105. Argentina Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 106. Rest Of Sam Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Type (US$ Mn)
Table 107. Rest Of Sam Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)
Table 108. Rest of SAM Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)
Table 109. Rest of SAM Dairy Starter Culture Market Revenue And Forecasts To 2027 – By Function (US$ Mn)
Table 110. Glossary Of Terms, Dairy Starter Culture Market
LIST OF FIGURES
Figure 1. Dairy Starter Culture Market Segmentation
Figure 2. Dairy Starter Culture Market Segmentation – By Region
Figure 3. Global Dairy Starter Culture Market – By Product Type, 2018-2027, (%)
Figure 4. Global Dairy Starter Culture Market – By Function, 2018-2027, (%)
Figure 5. Europe Dairy Starter Culture Market, By Revenue, 2018 & 2027, US$ Mn
Figure 6. North America PEST Analysis
Figure 7. Europe – PEST Analysis
Figure 8. Asia Pacific PEST Analysis
Figure 9. Middle East & Africa PEST Analysis
Figure 10. South America PEST Analysis
Figure 11. Expert Opinion
Figure 12. Dairy Starter Culture Market Impact Analysis Of Driver And Restraints
Figure 13. Global Dairy Starter Culture Market
Figure 14. Global Dairy Starter Culture Market Forecast And Analysis, (US$ Mn)
Figure 15. Global Dairy Starter Culture Market Breakdown By Type, Value, 2018 & 2027 (%)
Figure 16. Global Mesophilic Bacteria Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 17. Global Thermophilic Bacteria Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 18. Global Dairy Starter Culture Market Breakdown By Nature, Value, 2018 & 2027 (%)
Figure 19. Global Single Strain Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 20. Global Multi Strain Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 21. Global Dairy Starter Culture Market Breakdown By Product Type, By Value, 2018 & 2027 (%)
Figure 22. Global Buttermilk Market Revenue Forecasts To 2027 (US$ Mn)
Figure 23. Global Cheese Market Revenue Forecasts To 2027 (US$ Mn)
Figure 24. Global Ripened Butter Market Revenue Forecasts To 2027 (US$ Mn)
Figure 25. Global Sour Cream Market Revenue Forecasts To 2027 (US$ Mn)
Figure 26. Global Yogurt Market Revenue Forecasts To 2027 (US$ Mn)
Figure 27. Global Others Market Revenue Forecasts To 2027 (US$ Mn)
Figure 28. Global Dairy Starter Culture Market Breakdown By Function, By Value, 2018 & 2027 (%)
Figure 29. Global Acid Production Dairy Starter Culture Market Revenue Forecasts to 2027 (US$ MN)
Figure 30. Global Flavor Production Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 31. Global Others Market Revenue Forecasts To 2027 (US$ Mn)
Figure 32. Dairy Starter Culture Market, Global Breakdown By Regions, 2018 & 2027 (%)
Figure 33. North America Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 34. North America Dairy Starter Culture Market Breakdown By Type, 2018 & 2027 (%)
Figure 35. North America Dairy Starter Culture Market Breakdown By Nature, 2018 & 2027 (%)
Figure 36. North America Dairy Starter Culture Market Breakdown By Product Type, 2018 & 2027 (%)
Figure 37. North America Dairy Starter Culture Market Breakdown By Function, 2018 & 2027 (%)
Figure 38. North America Dairy Starter Culture Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 39. U.S. Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 40. Canada Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 41. Mexico Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 42. Europe Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 43. Europe Dairy Starter Culture Market Breakdown By Type, 2018 & 2027 (%)
Figure 44. Europe Dairy Starter Culture Market Breakdown By Nature, 2018 & 2027 (%)
Figure 45. Europe Dairy Starter Culture Market Breakdown By Product Type, 2018 & 2027 (%)
Figure 46. Europe Dairy Starter Culture Market Breakdown By Function, 2018 & 2027 (%)
Figure 47. Europe Dairy Starter Culture Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 48. Germany Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 49. France Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 50. UK Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 51. Italy Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 52. Russia Dairy Starter Culture Market Revenue Forecasts To 2027 (US$ Mn)
Figure 53. Rest Of Europe Dairy Starter Culturemarket Revenue Forecasts To 2027 (US$ Mn)
Figure 54. Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 55. Asia Pacific Dairy Starter Culture Market Breakdown By Type 2018 & 2027 (%)
Figure 56. Asia Pacific Dairy Starter Culture Market Breakdown By Nature, 2018 & 2027 (%)
Figure 57. Asia Pacific Dairy Starter Culture Market Breakdown By Product Type, 2018 & 2027 (%)
Figure 58. Asia Pacific Dairy Starter Culture Market Breakdown By Function, 2018 & 2027 (%)
Figure 59. Asia Pacific Dairy Starter Culture Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 60. Australia Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 61. China Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 62. India Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 63. Japan Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 64. South Korea Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 65. Rest Of Asia Pacific Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 66. Middle East And Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 67. Middle East And Africa Dairy Starter Culture Market Breakdown By Type 2018 & 2027 (%)
Figure 68. Middle East And Africa Dairy Starter Culture Market Breakdown By Nature, 2018 & 2027 (%)
Figure 69. Middle East And Africa Dairy Starter Culture Market Breakdown By Product Type, 2018 & 2027 (%)
Figure 70. Middle East And Africa Dairy Starter Culture Market Breakdown By Function, 2018 & 2027 (%)
Figure 71. Middle East And Africa Dairy Starter Culture Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 72. South Africa Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 73. Saudi Arabia Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 74. UAE Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 75. Rest of MEA Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 76. South America Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 77. Middle East And Africa Dairy Starter Culture Market Breakdown By Type 2018 & 2027 (%)
Figure 78. South America Dairy Starter Culture Market Breakdown By Nature, 2018 & 2027 (%)
Figure 79. South America Dairy Starter Culture Market Breakdown By Product Type, 2018 & 2027 (%)
Figure 80. South America Dairy Starter Culture Market Breakdown By Function, 2018 & 2027 (%)
Figure 81. South America Dairy Starter Culture Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 82. Brazil Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 83. Argentina Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 84. Rest Of Sam Dairy Starter Culture Market Revenue And Forecasts To 2027 (US$ Mn)
The List of Companies
- BDF Natural Ingredients S.L.
- Biolacter, Inc
- Chr. Hansen Holding A/S
- CSK food enrichment B.V.
- Dalton Biotecnologie S.R.L.
- Dohler Group
- The Dow Chemical Company
- Lallemand Inc.
- LB Bulgaricum
- Sacco System
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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