North America Yeast Ingredients Market 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) And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2024 to 2029)

Updated On: January, 2024
ID: 1099
Pages: 145

North America Yeast Ingredients Market Growth and Forecast (2023 - 2028):

North America Yeast Ingredients Market was worth $ 493.89 million in 2022 and estimated to be growing at a CAGR of 7.21%, to reach $ 699.52 million by 2028. North America is the second largest market after Europe for yeast ingredients market.

Market Overview:

Yeast ingredients are rich mixtures of natural components with momentous taste and a persuading nutritional profile. These ingredients have productive applicability in pharmaceutical, cosmetics industries, personal care, food and feed. Yeast ingredients have distinctive characteristics to decrease salt and fat substances in processed food products.

Drivers and Restraints:

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 Yeast Ingredients Market is driven by the growing demands for natural flavors in food products because of health problems associated with the use of artificial variants. Keeping in view these welfares, food producers are coming up with novel products containing natural yeast ingredients to meet the demands of its health aware consumers and match the food safety standards of several regulating authorities. Culturing and taking care of yeast is difficult which is acting as constrain for this market.

North America Yeast Ingredients Market Segmentation Analysis:

North America market for Yeast Ingredients is segmented by Type into Yeast Extracts, Autolyzed yeast, Yeast Cell wall and Yeast based-flavors. By Source, yeast ingredients are classified as Baker's Yeast and Brewer's Yeast.  Also on the basis of Application Yeast ingredients market is categorized as Food, Feed and Pet Food, Pharmaceuticals and Others.

Region Analysis:

Geographically the North America Yeast Ingredients Market is segmented into US, Canada and Rest of North America. USA is the largest consumer of processed food products containing yeast as an ingredient.

Key Players in the market:

Major Key Players in the North America 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
  • Beldem S.A

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