We are monitoring the impact of COVID-19 on Yeast Ingredients Market Get in touch with us for detailed analysis Know More
Pulished Date April, 2021
ID: 3004
Share on
Share on

Global Yeast Ingredients Market By Type (Yeast Extracts, Autolyzed Yeast, Dry Yeast And Yeast Based-flavors), By Application (Food & Beverages, Animal Feed, Pharmaceuticals And Others) And By Region (North America, Europe, Asia Pacific, North America, and Middle East and Africa) - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2026

Pulished: April, 2021
ID: 3004
Pages: 175

Yeast Ingredients Market Growth and Forecast (2021-2026):

The Global Yeast Ingredients Market Size was worth US$ 1.91 million in 2021, and it is estimated to reach a valuation of US$ 3.5 million by the end of 2026, registering an annual growth rate of 8.2% between 2021 and 2026. The benefits of using in other sectors have greatly increased the demand for yeast ingredients.

Yeast Ingredients Market

Market Overview:

Yeast is the common name for yeast strains that are commonly used in baking bread and bakery products, and it acts as a salting agent that increases sustenance by converting the fermentable sugar present in the dough into carbon dioxide and ethanol. Increased consumption of fast, processed foods, especially baked goods, is expected to spur growth in the yeast ingredient market. Yeast is a living single-celled organism. It is found abundantly in the soil, plant surfaces, and in proteins such as flower honey and fruit. Yeast converts food to alcohol and carbon dioxide through a process called fermentation. This is critically important not only when the yeast makes wine and beer, but also in the cooking process. The yeast commonly used to bake bread and bakery products is called baker's yeast. Flour is the most widely used flour when baked with yeast.

Recent Developments in Yeast Ingredients Industry:

  • August 2017: Ajinomoto Co. Inc. has signed a subcontracting agreement with Meihua Holdings Group of China to produce amino acids for feed.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

8.2%

Segments Covered

By Type, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Associated British Food Plc, Kerry Group Plc, Koninklijke DSM NV, Sensient Technologies Corporation, Angel Yeast Co., Ltd, Lesaffre, Lallemand Inc, Leiber GmbH, Synergy Flavors, Beldem and Others.

Yeast Ingredients Market Growth:

The increase in consumption of processed and fast foods, especially bakery products, is expected to stimulate market growth in the future.

Drivers:

The global yeast ingredients market is driven by a growing demand for processed foods and beverages as the impact of busy lifestyles in developing countries increases. As a salty flavor, the importance of these ingredients has increased and has been applied on a large scale to fermentation processing, making the market accessible in recent years. Furthermore, increased consumption of processed foods and fast foods, especially bakery items, is expected to spur market growth. In terms of raw materials, the industrial value chain consists of distribution channels, raw material suppliers, manufacturers and applications. Yeast ingredients used in a variety of fields, including various industries, such as food and feed. For pet food applications, yeast ingredients are used to enhance odors, flavors, and salty flavors in place to enhance the taste.

Furthermore, in developing countries, the market for yeast ingredients is evolving in response to the growing demand for livestock products. Several food manufacturers are developing products that contain extracts without artificial flavors, such as MSG (monosodium glutamate). The market is supposed to increase in the coming years. Because these ingredients are natural, they are widely used throughout the food industry. Additionally, use in various areas of the food and beverage industry is expected to increase as demand for high nutritional value foods increases rapidly. With calorie reduction and increased awareness of healthy eating among consumers in major markets such as India, the United States and China, market growth is anticipated to increase as consumption of functional foods accelerates in the coming years.

As awareness of the importance of adequate protein intake increases, you can revitalize the market during the forecast period. The growing demand for yeast ingredients in the food and beverage industry, and increased personal awareness of the health benefits and nutritional value of yeast in food, are key factors driving the growth of the global market for ingredients in yeast. In addition, the increased use of yeast ingredients in nutritional supplements, pharmaceuticals, and increased consumer interest in organic foods made from natural food additives are other factors presumed to accelerate the growth of the global yeast ingredient market during the prognosis period.

Restraints:

Insufficient raw material availability is a critical factor in inhibiting the growth of the global yeast ingredient market. Also, intense competition among market participants is another factor that is expected to hamper the growth of the worldwide yeast ingredient market during the forecast period. Furthermore, one of the main factors limiting the world market is the lack of essential raw materials, which are in demand in various sectors due to restrictions on trade in molasses in European countries. Another reason for this shortage is that biofuel prices are high, posing a significant threat to biofuel competition.

Yeast Ingredients Market Segmentation Analysis:

By Type:

  • Yeast Extracts
  • Autolyzed Yeast
  • Dry Yeast
  • Yeast Based-flavors

By Application:

  • Food & Beverages
  • Animal Feed
  • Pharmaceuticals

Yeast Ingredients Market Geographical Segmentation Analysis:

  • North America - the United States and Canada
  • Europe - United Kingdom, Spain, Germany, Italy, and France
  • The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
  • Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
  • The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

The European yeast ingredients market has the highest proportion of sales in the world market due to the increasing consumption of functional foods together with the growth of the local dairy industry. The demand for yeast ingredients in Europe maintained around 35.0% of sales. Significant growth is expected during the outlook period due to the development of the bakery industry and commercial expansion in target markets, including Germany, the United Kingdom, Italy and France. If the demand for bakery food in Europe is increasing, the need for products in this region will increase during the forecast period.

The Asia Pacific market is anticipated to grow faster during the forecast period due to increased awareness of consuming healthy and nutritional foods and higher disposable income in developing countries like China and India. The Asia Pacific region led approximately 23.0% of global product demand in terms of revenue. China, India and Japan are the primary sources of income in the area due to the high production of animal feed and food consumption. Also, knowledge of nutritional food consumption is suspected of benefiting the market.

The North American yeast ingredients market is likely to show significant growth during the forecast period as demand for yeast ingredients increases in the region's food, pet food and pharmaceutical industries. The North American market is expected to grow significantly during the forecast period, expanding at a compound annual rate of 7.4% in terms of revenue. Growth in the region is due to an increase in demand for dairy products, feed and pharmaceuticals. The proliferation of diseases like diabetes is strengthening the importance of foods improved with low-calorie, sugar-free ingredients. As a result, food and beverage manufacturers use yeast ingredients to supply products such as frozen products, baked goods, beverages, and confectionery, which is ready to promote the growth of the local market.

Key Market Players in the Market:

Some of the leading companies active in the yeast ingredients market are

  • Associated British Food Plc
  • Kerry Group Plc
  • Koninklijke DSM NV
  • Sensient Technologies Corporation
  • Angel Yeast Co., Ltd
  • Lesaffre
  • Lallemand Inc
  • Leiber GmbH
  • Synergy Flavors
  • Beldem
     

 

 

1. Introduction                          

          1.1 Market Definition                 

          1.2 Scope of the report              

          1.3 Study Assumptions              

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                     

          2.1 Analysis Design         

          2.2 Research Phases                  

                   2.2.1 Secondary Research 

                   2.2.2 Primary Research     

                   2.2.3 Data Modelling        

                   2.2.4 Expert Validation     

          2.3 Study Timeline           

3. Report Overview                    

          3.1 Executive Summary              

          3.2 Key Inferencees         

4. Market Dynamics                   

          4.1 Impact Analysis         

                   4.1.1 Drivers

                   4.1.2 Restaints      

                   4.1.3 Opportunities

          4.2 Regulatory Environment                 

          4.3 Technology Timeline & Recent Trends                

5. Competitor Benchmarking Analysis                      

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis        

                   5.1.2 Products/Service     

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape              

          5.3 Joint Ventures & Collaborations                

6. Market Segmentation                       

          6.1 Yeast Ingredients Market, By Type            

                   6.1.1 Yeast Extracts

                   6.1.2 Autolyzed Yeast      

                   6.1.3 Dry Yeast      

                   6.1.4 Yeast Based-flavors

                   6.1.5 Market Size Estimations & Forecasts (2021-2026)      

                   6.1.6 Y-o-Y Growth Rate Analysis        

                   6.1.7 Market Attractiveness Index        

          6.2 Yeast Ingredients Market, By Application             

                   6.2.1 Food & Beverages    

                   6.2.2 Animal Feed  

                   6.2.3 Pharmaceuticals      

                   6.2.4 Market Size Estimations & Forecasts (2021-2026)      

                   6.2.5 Y-o-Y Growth Rate Analysis        

                   6.2.6 Market Attractiveness Index        

7. Geographical Landscape                  

          7.1 Global Identity Governance and Administration Market, by Region               

          7.2 North America - Market Analysis (2020 - 2025)           

                   7.2.1 By Country    

                             7.2.1.1 USA

                             7.2.1.2 Canada

                   7.2.2 By Type        

                   7.2.3 By Application

          7.3 Europe            

                   7.3.1 By Country    

                             7.3.1.1 UK

                             7.3.1.2 France

                             7.3.1.3 Germany

                             7.3.1.4 Spain

                             7.3.1.5 Italy

                             7.3.1.6 Rest of Europe

                   7.3.2 By Type        

                   7.3.3 By Application

          7.4 Asia Pacific                

                   7.4.1 By Country    

                             7.4.1.1 China

                             7.4.1.2 India

                             7.4.1.3 Japan

                             7.4.1.4 South Korea

                             7.4.1.5 South East Asia

                             7.4.1.6 Australia & NZ

                             7.4.1.7 Rest of Asia-Pacific

                   7.4.2 By Type        

                   7.4.3 By Application

          7.5 Latin America            

                   7.5.1 By Country    

                             7.5.1.1 Brazil

                             7.5.1.2 Argentina

                             7.5.1.3 Mexico

                             7.5.1.4 Rest of Latin America

                   7.5.2 By Type        

                   7.5.3 By Application

          7.6 Middle East and Africa          

                   7.6.1 By Country    

                             7.6.1.1 Middle East

                             7.6.1.2 Africa

                   7.6.2 By Type        

                   7.6.3 By Application

8. Key Player Analysis                          

          8.1 Associated British Food Plc             

                   8.1.1 Business Description

                   8.1.2 Products/Service     

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis        

                   8.1.5 Recent Developments        

                   8.1.6 Analyst Overview    

          8.2 Kerry Group plc         

          8.3 Koninklijke DSM NV             

          8.4 Sensient Technologies Corporation           

          8.5 Angel Yeast Co., Ltd            

          8.6 Lesaffre           

          8.7 Lallemand Inc.           

          8.8 Leiber GmbH             

          8.9 Synergy Flavors          

          8.10 Beldem SA               

9. Market Outlook & Investment Opportunities                   

Appendix                        

          List of Tables         

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of By Type, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Global Yeast Ingredients Market By Region, From 2021-2026 ( USD Billion )
  2. Global Yeast Ingredients Market By Type, From 2021-2026 ( USD Billion )
  3. Global Yeast Extracts Market By Region, From 2021-2026 ( USD Billion )
  4. Global Autolyzed Yeast Market By Region, From 2021-2026 ( USD Billion )
  5. Global Dry Yeast Market By Region, From 2021-2026 ( USD Billion )
  6. Global Yeast Based-flavors Market By Region, From 2021-2026 ( USD Billion )
  7. Global Yeast Ingredients Market By Application, From 2021-2026 ( USD Billion )
  8. Global Food & Beverages Market By Region, From 2021-2026 ( USD Billion )
  9. Global Animal Feed Market By Region, From 2021-2026 ( USD Billion )
  10. Global Pharmaceuticals Market By Region, From 2021-2026 ( USD Billion )

Please wait. . . . Your request is being processed

Related Reports

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample