The Yeast Ingredients Market is predicted to reach $ 2474.81 USD million with a CAGR of 7.8% according to Market Data Forecast report.

The Yeast Ingredients Market is predicted to reach $ 2474.81 USD million with a CAGR of 7.8% according to Market Data Forecast report.

ID: 1169 | October 2018 | Region: Global

The Yeast Ingredients Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Yeast Ingredients Market is estimated to be $1700 USD million and predicted to rise to $ 2474.81 USD million with a CAGR of 7.8%. The market is segmented by Type (Yeast Extracts, Autolyzed yeast, Yeast Cell wall and Yeast based-flavors), by Source (Baker's Yeast and Brewer's Yeast), by Application (Food, Feed and Pet Food, Pharmaceuticals and Others). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.

Yeast Ingredients Market is measured to be one of the firmest growing market owing to the increasing trend towards decreasing MSG, salt, and fat content in the food products. The main factors driving the attainment of yeast and specialty yeast market are increasing demand for bakery products. The market is also driven owing to progressive drift in alcoholic beverage consumption. Less stability time of yeast bacteria is a major drawback for the yeast ingredients market.

Fresh yeast because of its economic viability and ease of raw material is used widely accounting for a large share of the entire yeast market value. Growing application in alcoholic beverages is expected to fuel the market during the forecasted period.

Europe and North America occupies a major share globally. But, these two geographical regions currently perceive tough competition from the Asia Pacific region that is constantly gaining a higher share of the global yeast ingredients market. North America is expected to witness average growth during the forecast period.

Some of the key companies functioning in the yeast ingredients market are Associated British Food Plc, Kerry Group Plc, Koninklijke DSM N.V., Sensient Technologies Corporation, Angel Yeast Co., Ltd., Lesaffre, Lallemand Inc., Leiber GmbH, Synergy Flavors and Beldem S.A.

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