Microbial Culture Market Size

Microbial Culture Market size was valued at USD 1.89 Billion in 2023 and is poised to exceed USD 3.61 Billion by the end of 2036, expanding at over 5.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of microbial culture is evaluated at USD 1.98 Billion. The growing demand for microbial culture in food testing and to influence flavor development of food can be attributed to the market's growth. Furthermore, microbial culture is also utilized in the production of wine, vegetables, fermented bread, and other fermented food. For instance, approximately 25 billion liters of wine were anticipated to be sold out across the globe in 2020.

In addition to these, global microbial culture markets trends such as the surge in the consumption of fermented foods including natto, kefir, sourdough bread, kombucha, tempeh, kimchi, and others in recent years are projected to hike the growth over the forecast period. For instance, it was estimated that an average Korean consumes approximately 60 pounds of kimchi every year. Probiotics and functional foods are the latest trends in the market capturing the world across, from the US to developing nations. Moreover, an increasing advent of experimentation in technology for water testing is projected to drive the global microbial culture market during the forecast period.