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Cultured Sugar/Vinegar Market Segmented By Meat and poultry products, Baked goods and Beverage
Cultured sugar/ Vinegar is a food additives used in variety of food products, from meat, poultry products to salad dressing, and it is used to extend shelf life. Vinegar is often used as a natural preservative in poultry items and processed meat. Processing of different types of meats for feeding the global population has paced up speedily because of the rapid increase in globalization.
Demand for high protein food and trend for ready to eat meat products are driving the global cultured sugar/vinegar market.in developing countries rise in the income of middle class consumers is growing the demand for convenience foods and ultimately driving the cultured sugar/vinegar market.
To increase the consumer appeal many food producers are preferring the use of cultured sugar/ vinegar for obtaining food safety and prolonged shelf life. This application of cultured sugar/vinegar is good for consumers and extended shelf life in such products will optimize the supply chain efficiency and costs too. Increase in beverage industry across the globe is also anticipated to drive the cultured sugar/vinegar market as it prevents microbial spoilage in beverages.
Rising popularity of bakery products due to changing food consumption trends will benefit the cultured sugar/vinegar market as cultured sugar is used for a function of mold inhabitation in baked goods. Also growth in market for culinary such as dressing and dips, sauces, salad and sandwich spreads etc. is likely to drive the cultured sugar/ vinegar market in near future.
Cultured sugar/vinegar is used as agent which helps in suppressing bacteria and pathogens in food. However lack of awareness about the processing technology and modern methods in developing countries are the main hindrances in the growth of global cultured sugar/ vinegar market. in addition to this economic crises faced by many countries of the world and health risk associated with the processed foodstuffs are the factors which act a restraints for cultured sugar/vinegar market.
Based on the end use industry type the global cultured sugar/vinegar market is segmented into:
In terms of geography, the global cultured sugar/vinegar market has been divided in to five key regions including North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. The global cultured sugar/vinegar market is expected to register healthy CAGR during the forecast period. North America is anticipated to be the dominant market for global cultured sugar/vinegar market followed by Asia Pacific and Europe. The market in Asia-Pacific region is expected to grow at highest CAGR over the forecast period.
Some of the key players in the global cultured sugar/vinegar market are Corbion, PROTERIA etc.
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