Specialty Yeast Market

Specialty Yeast Market by Type (Yeast Extracts, Yeast Autolysates, Yeast Beta-glucan, and Other Yeast Derivatives), Species (Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces), Application and Region – Global Forecast to 2027

Report Code: FB 7068 Jul, 2022, by marketsandmarkets.com

[194 Pages Report] According to MarketsandMarkets, the global specialty yeast market is estimated to be valued at USD 3.2 billion in 2022. It is projected to reach USD 4.6 billion by 2027, with a CAGR of 7.0%, in terms of value between 2022 and 2027. Specialty yeasts are natural ingredients that enhance the nutritional profile of food and feed products and provide a strong taste and flavor profile. They cater to a range of applications across food & beverage industries and are also becoming increasingly popular among the consumers because of their perceived health benefits of nutritive values and antioxidant properties.

Specialty Yeast Market

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Market Dynamics

Drivers:  Increasing demand for specialty yeast ingredients in food & beverage applications

Specialty yeast products such as yeast extracts, yeast autolysates, and other yeast derivatives are used in food & beverage products for their flavor-enhancing properties. The distinctive flavoring quality of yeast extracts differentiates them from other yeast products, leading to an increase in demand for specialty yeast in the industry.

An increase in the consumption of alcoholic beverages is one of the major factors driving the market for specialty yeast. Global consumption of alcoholic beverages, such as wine and beer, has been increasing over the last few years; with yeast being an essential ingredient in the production, the demand for yeast is increasing. Therefore, the growing demand for premium products of wine and beer is fueling the market for specialty yeast.

Restraints: Stringent food safety regulations

In Asian countries, red yeast rice is made by cultivating rice with various strains of Monascus purpureus. This rice product contains a considerable amount of monacolin K, a chemical ingredient similar to the cholesterol-lowering drug, lovastatin. According to the US Food and Drug Administration (FDA), red yeast rice products that contain more than a certain level of monacolin K cannot be sold legally as a dietary supplement. Some red yeast rice products contain the contaminant “citrinin,” which can cause kidney failure. This implies potential adverse effects, about which consumers need to be informed, in case they are supplied in the form of food supplements. The labeling rules, in the case of such products, in European countries, are very stringent.

The American Heart Association warns against using red yeast until the studies regarding their safety are concluded. Therefore, it is challenging for the producers of this type of yeast to market it as a food ingredient.

Opportunities: Growing demand for clean label products in developed countries

Specialty yeasts are considered among the rapidly growing food ingredients, gradually replacing synthetic flavors such as MSG to reduce the glutamic acid and salt content in foodstuffs. An upward trend has been witnessed over the past decade in the demand for low-salt and no-MSG foods, which is eventually driving the yeast ingredients market. These trends have been increasing mainly due to consumer health awareness and growing food security demand, which is also evident from the fact that specialty yeast ingredients can maintain a good flavor under the very low-salt conditions; as the attributes of food flavor substances, yeast extracts are extensively replacing salt and MSG in processed food products.

The increasing aging population, globally, is demanding functional foods that are natural and minimally processed. Natural food ingredients such as yeast extracts play a major role in offering a clean label for various food & beverage products. Also, the increase in demand for ready-to-eat and convenience foods is fueling the market for specialty yeast. The higher nutritional value of the specialty yeast is influencing the market, along with gaining popularity in the pharmaceutical industry. Technology such as encapsulation also creates an opportunity for clean label yeast in the market.

Challenges: Commercialization of duplicate & low-quality products

Lack of transparency in patent protection laws and regulatory compliance in various developing countries leads to duplication of products, in turn hampering the quality of the final product. The growing demand for specialty yeast in the market globally as well as domestically is fueling the market for duplicate products. The growth in the number of adulteration incidences is aided by the difficulty in distinguishing between natural and synthetic yeast is a big concern for specialty yeast producers.

There are many local players, especially in developing countries, producing yeast-based food and feed products that are not recognized brands. These manufacturers sell their products cheaper than the actual specialty yeast product, gaining profits. Manufacturers of specialty yeast-based products are influenced by the low cost, which hinders the overall market growth.

By type, yeast autolysates is projected to witness significant growth rate during the forecast period.

Based on type, yeast autolysates account for the second-fastest growing segment in the specialty yeast market. Yeast autolysates are gaining widespread acceptance with the rise in demand for natural and clean-label ingredients among consumers due to which they have witnessed significant growth in recent years. Yeast autolysates offer a rich source of essential nutrients such as proteins, vitamins, fiber, and other micronutrients are used to enhance the color and flavor across a large number of food products.

By species, Kluyveromyces accounts for the second-largest market share in the market

Based on species, Kluyveromyces accounts for the second-largest segment in the specialty yeast market. Kluyveromyces caters across a range of different industries which drives their market growth and demand. They find extensive applications in fermented dairy industry as they produce β-galactosidase, which helps in utilization of lactase used in dairy products such as cheese, yogurt and kefir. Along with that, they also cater to a range of other industries such as flavor, fragrance and dietary supplement.

By application, the beverages segment accounts for the second-largest market share in the market

By application, the beverages segment accounts for the second-largest segment and is expected to witness significant growth during the forecast period. Specialty yeasts are extensively used in the production and fermentation of alcoholic and non-alcoholic beverages for fermentation due to which they experience significant demand from the beverages industry. A large number of species such as Saccharomyces cerevisiae, Torulaspora delbrueckii, Pichia kluyveri, and Kluyveromyces thermotolerans are used in combination or as an individual strain for fermentation of beverages.

Specialty Yeast Market by Region

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Asia Pacific region accounts for the fastest growing region in the market. The growth in this region is primarily attributed to the rise in awareness regarding natural food ingredients which has led to the acceptance of specialty yeast products in the region. Furthermore, the region has also well-established markets for wine, sauces, dairy, and bakery products in countries such as China, Japan, and India. The popularity of domestic consumption of traditional fermented food in countries such as Thailand and the Philipines have also contributed significantly to the growth of specialty yeast industry in the region.

Key Market Players

Key players in this market include Associated British Foods Plc (UK), ADM (US), Lallemand Inc. (Canada), DSM (Netherlands), Chr. Hansen Holding A/S (Denmark), Kerry Group Plc. (Ireland), Lesaffre (France), AngelYeast Co., Ltd. (China), Biorigin (Brazil), Kemin Industries, Inc. (US).

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Scope of the Report

Report Metric

Details

Market size estimation

2017–2027

Base year considered

2021

Forecast period considered

2022–2027

Units considered

Value (USD Million/Billion) and Volume (KT)

Segments covered

Type, species, application, and region

Regions covered

Europe, Asia Pacific, North America, and RoW

Companies studied

  • Associated British Foods Plc (UK)
  • ADM (US)
  • Lallemand Inc. (Canada)
  •  DSM (Netherlands)
  • Chr. Hansen Holding A/S (Denmark)
  •  Kerry Group Plc. (Ireland)
  •  Lesaffre (France)
  •  AngelYeast Co., Ltd. (China)
  •  Biorigin (Brazil)
  •  Kemin Industries, Inc. (US)
  • Leiber (Germany)
  •  Foodchem International Corporation (China)
  •  KOHJIN Life Sciences Co., Ltd. (Japan)
  •  Levex (Turkey)
  •  Aria Ingredients (US)
  •  Halcyon Proteins Pty. Ltd. (Australia)
  •  Jeevan Biotech. (India)
  •  Agrano GmbH & Co. KG (Germany)
  •  AEB Group SPA (Italy)
  • Titan Biotech (India)

Target Audience:

  • Manufacturers, importers and exporters, traders, distributors, and suppliers of specialty yeast
  • Pharmaceutical and nutraceutical manufacturers
  • Feed processors and manufacturers
  • Government and research organizations
  • Trade associations and industry bodies
  • Public and commercial research institutions/agencies/laboratories
  • Regulatory bodies and associations, which include the following:
    • Food Agriculture Organization (FAO)
    • United States Department of Agriculture (USDA)
    • European Food Safety Authority (EFSA)
    • Food Standards Australia New Zealand (FSANZ)
    • European Association for Specialty Yeast Products (EURASYP)
    • European Food & Feed Cultures Association (EFFCA)
    • American Nutrition Association (ANA)
    • The European Federation of National Associations of Measurement, Testing, and Analytical Laboratories (EUROLAB)

This research report categorizes the specialty yeast market based on type, species, application, and region.

By Type

  • Yeast extracts
  • Yeast autolysates
  • Yeast beta-glucan
  • Other yeast derivatives (yeast flavor enhancers, yeast saccharides, and yeast pigments)

By species

  • Saccharomyces cerevisiae
  • Kluyveromyces
  • Pichia pastoris
  • Other species (Torulaspora delbrueckii, Metschnikowia fructicola, and Candida queretana)

By application

  • Food
  • Bakery products
  • Functional foods
  • Savory products
  • Other food applications (soups, sauces, snacks, food flavors, and seasonings)
  • Beverages
  • Feed
  • Other applications (healthcare, bioethanol, biotechnology, personal care, and cosmetics)

By Region

  • Europe
  • Asia Pacific
  • North America
  • RoW
  • South America
  • Middle East & Africa

Recent Developments

  • In May 2022, Red Star Yeast Co. (US), a joint venture between Lesaffre (France) and ADM (US), announced its expansion plans with the opening of a new manufacturing plant in Cedar Rapids, US. This strategic expansion included a new yeast fermenter and significantly enhanced the production capabilities of the company.
  • In January 2022, OHLY (Germany), a subsidiary of Associated British Foods Plc (UK), launched OHLY SAV-R-MEAT PBD yeast-based chicken flavor enhancers in response to the rising demand from consumers for a rich chicken taste and long-lasting umami mouthfeel in food products.
  • In December 2021, Lallemand Inc. (Canada) launched three new yeast extracts for plant-based formulations: Savor-Lyfe PH 04, Savor-Lyfe PS 05, and Savor-Lyfe PR 06, in response to the rising demand from consumers for an authentic meat experience along with a sustainable meal option.
  • In December 2020, Lallemand Inc. (Canada) through its business unit, Lallemand Bio-Ingredients, acquired Biotec BetaGlucans AS (Norway), a market leader in the area of yeast beta-glucans, catering to the healthcare segment. This strategic acquisition was intended to consolidate the company’s position in the nutritional supplements and health food categories.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 MARKET SEGMENTATION
           FIGURE 2 REGIONS COVERED
    1.4 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES CONSIDERED, 2018–2021
    1.6 UNIT CONSIDERED
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 32)
    2.1 RESEARCH DATA
           FIGURE 3 MARKET FOR SPECIALTY YEAST: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primary interviews
                               FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION
           FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION METHODOLOGY
    2.4 ASSUMPTIONS
    2.5 LIMITATIONS AND RISK ASSESSMENT

3 EXECUTIVE SUMMARY (Page No. - 38)
    TABLE 2 MARKET SNAPSHOT, 2022 VS. 2027
    FIGURE 8 MARKET FOR SPECIALTY YEAST, BY TYPE, 2022 VS. 2027 (USD MILLION)
    FIGURE 9 MARKET FOR SPECIALTY YEAST, BY SPECIES, 2022 VS. 2027 (USD MILLION)
    FIGURE 10 MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
    FIGURE 11  MARKET SHARE (VALUE), BY REGION

4 PREMIUM INSIGHTS (Page No. - 42)
    4.1 BRIEF OVERVIEW OF THE MARKET
           FIGURE 12 RISING DEMAND FOR CONVENIENCE FOOD PRODUCTS TO FUEL THE MARKET GROWTH
    4.2 EUROPE: MARKET FOR SPECIALTY YEAST, BY SPECIES AND COUNTRY
           FIGURE 13 SACCHAROMYCES CEREVISIAE ACCOUNTED FOR THE LARGEST SHARE OF THE EUROPEAN SPECIALTY YEAST MARKET IN 2021
    4.3 SPECIALTY YEAST MARKET, BY TYPE
           FIGURE 14 YEAST EXTRACTS SEGMENT IS PROJECTED TO DOMINATE THE GLOBAL MARKET
    4.4 MARKET FOR SPECIALTY YEAST, BY SPECIES
           FIGURE 15 SACCHAROMYCES CEREVISIAE IS PROJECTED TO HOLD THE LARGEST SHARE FROM 2022 TO 2027
    4.5 MARKET FOR SPECIALTY YEAST, BY APPLICATION
           FIGURE 16 FOOD SEGMENT IS ESTIMATED TO DOMINATE THE MARKET IN 2022
    4.6 SPECIALTY YEAST MARKET, BY FOOD APPLICATION
           FIGURE 17 BAKERY PRODUCTS SEGMENT IS ESTIMATED TO DOMINATE THE MARKET IN 2022

5 MARKET OVERVIEW (Page No. - 45)
    5.1 INTRODUCTION
    5.2 MACRO INDICATORS
           FIGURE 18 TOTAL PER CAPITA ALCOHOL CONSUMPTION AMONG DRINKERS, 2000–2018 (LITER)
           FIGURE 19 US: NET PRODUCTION OF FUEL ETHANOL BY BIOFUEL PLANTS, 2015–2021 (THOUSAND BARRELS/DAY)
    5.3 MARKET DYNAMICS
           FIGURE 20 MARKET DYNAMICS
           5.3.1 DRIVERS
                    5.3.1.1 R&D driving innovations
                    5.3.1.2 Increasing demand for specialty yeast ingredients in food & beverage applications
                    5.3.1.3 Increasing demand for bio-ethanol as a fuel
           5.3.2 RESTRAINTS
                    5.3.2.1 Stringent food safety regulations
                    5.3.2.2 Competition for basic raw materials
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Growing demand for clean label products in developed countries
                    5.3.3.2 New variants of yeast ingredients for improved functionality
                    5.3.3.3 Yeast is a promising protein source in feed
                               TABLE 3 AMINO ACID COMPARISON CHART FOR YEAST- AND SOY MEAL-BASED LIVESTOCK DIET
           5.3.4 CHALLENGES
                    5.3.4.1 Commercialization of duplicate & low-quality products

6 REGULATORY FRAMEWORK (Page No. - 51)
    6.1 INTRODUCTION
    6.2 NORTH AMERICA
           6.2.1 US
           6.2.2 CANADA
    6.3 EUROPE: REGULATORY ENVIRONMENT ANALYSIS
           6.3.1 EUROPEAN UNION
    6.4 SOUTH AMERICA
           6.4.1 ARGENTINA
    6.5 ASIA PACIFIC
           6.5.1 AUSTRALIA AND NEW ZEALAND

7 INDUSTRY TRENDS (Page No. - 57)
    7.1 INTRODUCTION
    7.2 VALUE CHAIN
           7.2.1 RESEARCH AND PRODUCT DEVELOPMENT
           7.2.2 RAW MATERIAL SOURCING
           7.2.3 PRODUCTION & PROCESSING
           7.2.4 DISTRIBUTION
           7.2.5 MARKETING & SALES
                    FIGURE 21 VALUE CHAIN ANALYSIS OF THE SPECIALTY YEAST MARKET
    7.3 SUPPLY CHAIN ANALYSIS
           FIGURE 22 STRAIN DEVELOPMENT AND DISTRIBUTION PHASES PLAY A VITAL ROLE IN THE SUPPLY CHAIN
    7.4 PRICING ANALYSIS: MARKET FOR SPECIALTY YEAST
           TABLE 4 AVERAGE SELLING PRICE OF SPECIALTY YEAST, BY TYPE, 2020-2022 (USD/TONS)
           TABLE 5 AVERAGE SELLING PRICE OF SPECIALTY YEAST, BY REGION, 2020-2022 (USD/TONS)
    7.5 MARKET DISRUPTION
           7.5.1 RISING R&D ACTIVITIES FOR CREATING ALTERNATIVES TO REPLACE SPECIALTY YEAST IN THE FERMENTATION INDUSTRY
    7.6 MARKET FOR SPECIALTY YEAST: PATENT ANALYSIS
           FIGURE 23 NUMBER OF PATENTS GRANTED BETWEEN 2012 AND 2021
           FIGURE 24 TOP 10 INVESTORS WITH HIGHEST NUMBER OF PATENT DOCUMENTS
           FIGURE 25 TOP 10 APPLICANTS WITH HIGHEST NUMBER OF PATENT DOCUMENTS
           TABLE 6 PATENTS PERTAINING TO YEAST, 2020–APRIL 2022
    7.7 TRADE DATA: SPECIALTY YEAST MARKET
           7.7.1 ACTIVE YEAST: TRADE DATA
                    TABLE 7 TOP 10 IMPORTERS AND EXPORTERS OF ACTIVE YEAST, 2021 (KG)
                    TABLE 8 TOP 10 IMPORTERS AND EXPORTERS OF ACTIVE YEAST, 2020 (KG)
                    TABLE 9 TOP 10 IMPORTERS AND EXPORTERS OF ACTIVE YEAST, 2019 (KG)
    7.8 PORTER’S FIVE FORCES ANALYSIS
           TABLE 10 SPECIALTY YEAST MARKET: PORTER’S FIVE FORCES ANALYSIS
           7.8.1 DEGREE OF COMPETITION
           7.8.2 BARGAINING POWER OF SUPPLIERS
           7.8.3 BARGAINING POWER OF BUYERS
           7.8.4 THREAT OF SUBSTITUTES
           7.8.5 THREAT OF NEW ENTRANTS

8 SPECIALTY YEAST MARKET, BY TYPE (Page No. - 67)
    8.1 INTRODUCTION
           FIGURE 26 SPECIALTY YEAST MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
           TABLE 11 MARKET FOR SPECIALTY YEAST, BY TYPE, 2017–2021 (USD MILLION)
           TABLE 12 MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
           TABLE 13 MARKET FOR SPECIALTY YEAST, BY TYPE, 2017–2021 (KT)
           TABLE 14 MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (KT)
    8.2 YEAST EXTRACTS
           8.2.1 YEAST EXTRACTS ARE USED AS A NATURAL AROMATIC INGREDIENT FOR SOUPS, SAUCES, MEAT PREPARATIONS, AND SAVORY MIXES
                    TABLE 15 YEAST EXTRACTS: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 16 YEAST EXTRACTS: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
    8.3 YEAST AUTOLYSATES
           8.3.1 YEAST AUTOLYSATE IS A GOOD SOURCE OF PROTEINS, VITAMINS, FIBER, AND MICRONUTRIENTS
                    TABLE 17 YEAST AUTOLYSATES: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 18 YEAST AUTOLYSATES: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
    8.4 YEAST BETA-GLUCAN
           8.4.1 PHYSICOCHEMICAL PROPERTIES MAKE IT USEFUL IN FOOD, FEED, CHEMICAL, AND COSMETICS PRODUCTION
                    TABLE 19 YEAST BETA-GLUCAN: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 20 YEAST BETA-GLUCAN: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
    8.5 OTHER YEAST DERIVATIVES
           8.5.1 OTHER YEAST DERIVATIVES ARE USUALLY CHARACTERIZED ACCORDING TO THEIR BIOCHEMICAL COMPOSITION
                    TABLE 21 OTHER YEAST DERIVATIVES: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 22 OTHER YEAST DERIVATIVES: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)

9 SPECIALTY YEAST MARKET, BY SPECIES (Page No. - 74)
    9.1 INTRODUCTION
           FIGURE 27 SPECIALTY YEAST MARKET, BY SPECIES, 2022 VS. 2027 (USD MILLION)
           TABLE 23 MARKET FOR SPECIALTY YEAST, BY SPECIES, 2017–2021 (USD MILLION)
           TABLE 24 MARKET FOR SPECIALTY YEAST, BY SPECIES, 2022–2027 (USD MILLION)
    9.2 SACCHAROMYCES CEREVISIAE
           9.2.1 SACCHAROMYCES CEREVISIAE IS USED FOR THE PREPARATION OF PEPPERY AND SPICY FLAVORS
                    FIGURE 28 ROLE OF SACCHAROMYCES CEREVISIAE IN THE PRODUCTION OF FERMENTED BEVERAGES
                    TABLE 25 SACCHAROMYCES CEREVISIAE: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 26 SACCHAROMYCES CEREVISIAE: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
    9.3 KLUYVEROMYCES
           9.3.1 KLUYVEROMYCES IS USED IN THE PREPARATION OF FRUIT-FLAVORED DAIRY PRODUCTS
                    TABLE 27 KLUYVEROMYCES: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 28 KLUYVEROMYCES: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
    9.4 PICHIA PASTORIS
           9.4.1 ACTS AS TASTE MODULATOR DUE TO FLAVOR ESTER SYNTHESIS
                    TABLE 29 PICHIA PASTORIS: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 30 PICHIA PASTORIS: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
    9.5 OTHER SPECIES
           9.5.1 TORULA DELBRUECKII IS AMONG THE MOST WIDELY USED NON-SACCHAROMYCES YEAST FOR WINE-MAKING
                    TABLE 31 OTHER SPECIES: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                    TABLE 32 OTHER SPECIES: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)

10 SPECIALTY YEAST MARKET, BY APPLICATION (Page No. - 81)
     10.1 INTRODUCTION
             FIGURE 29 SPECIALTY YEAST MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
             TABLE 33 MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2017–2021 (USD MILLION)
             TABLE 34 MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2022–2027 (USD MILLION)
     10.2 FOOD
             TABLE 35 MARKET FOR SPECIALTY YEAST, BY FOOD SUBSEGMENT, 2017–2021 (USD MILLION)
             TABLE 36 MARKET FOR SPECIALTY YEAST, BY FOOD SUBSEGMENT, 2022–2027 (USD MILLION)
             TABLE 37 FOOD: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
             TABLE 38 FOOD: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
             10.2.1 BAKERY PRODUCTS
                        10.2.1.1 Changing consumer preferences and tastes and the increasing health consciousness have significantly contributed to the growth of the baker’s yeast market
                                     TABLE 39 BAKERY PRODUCTS: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                                     TABLE 40 BAKERY PRODUCTS: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
             10.2.2 FUNCTIONAL FOODS
                        10.2.2.1 Functional foods are gaining significant demand among consumers to improve health and wellness
                                     TABLE 41 FUNCTIONAL FOODS: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                                     TABLE 42 FUNCTIONAL FOODS: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
             10.2.3 SAVORY PRODUCTS
                        10.2.3.1 Specialty yeast is commonly used in savory products to enhance their taste and flavor
                                     TABLE 43 SAVORY PRODUCTS: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                                     TABLE 44 SAVORY PRODUCTS: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
             10.2.4 OTHER FOOD APPLICATIONS
                        10.2.4.1 Nutritional yeast is strong in taste but can be topped onto many snack products for an authentic taste
                                     TABLE 45 OTHER FOOD APPLICATIONS: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                                     TABLE 46 OTHER FOOD APPLICATIONS: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
     10.3 BEVERAGES
             10.3.1 NON-SACCHAROMYCES YEASTS ARE USED TO PRODUCE WINE AND BEER
                        TABLE 47 BEVERAGES: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                        TABLE 48 BEVERAGES: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
     10.4 FEED
             10.4.1 SPECIALTY YEAST ENHANCES THE NUTRITIONAL VALUE OF FEED
                        TABLE 49 FEED: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                        TABLE 50 FEED: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
     10.5 OTHER APPLICATIONS
             10.5.1 MULTIFUNCTIONAL BENEFITS OF SPECIALTY YEAST TO DRIVE THE MARKET FOR OTHER APPLICATIONS
                        TABLE 51 OTHER APPLICATIONS: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
                        TABLE 52 OTHER APPLICATIONS: MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)

11 SPECIALTY YEAST MARKET, BY REGION (Page No. - 92)
     11.1 INTRODUCTION
             FIGURE 30 CHINA AND JAPAN TO RECORD THE FASTEST GROWTH DURING THE FORECAST PERIOD
             TABLE 53 SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
             TABLE 54 MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION)
             TABLE 55 MARKET FOR SPECIALTY YEAST, BY REGION, 2017–2021 (KT)
             TABLE 56 MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (KT)
     11.2 NORTH AMERICA
             TABLE 57 NORTH AMERICA: SPECIALTY YEAST MARKET, BY COUNTRY, 2017–2021 (USD MILLION)
             TABLE 58 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY COUNTRY, 2022–2027 (USD MILLION)
             TABLE 59 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY TYPE, 2017–2021 (USD MILLION)
             TABLE 60 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             TABLE 61 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY SPECIES, 2017–2021 (USD MILLION)
             TABLE 62 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY SPECIES, 2022–2027 (USD MILLION)
             TABLE 63 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2017–2021 (USD MILLION)
             TABLE 64 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2022–2027 (USD MILLION)
             TABLE 65 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2017–2021 (USD MILLION)
             TABLE 66 NORTH AMERICA: MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2022–2027 (USD MILLION)
             11.2.1 US
                        11.2.1.1 Adoption of bio-fuel and increasing consumption of prepared and functional foods to fuel the market growth
                                     TABLE 67 US: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 68 US: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.2.2 CANADA
                        11.2.2.1 Rising awareness of animal health demands more natural additives
                                     TABLE 69 CANADA: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 70 CANADA: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.2.3 MEXICO
                        11.2.3.1 Mexican food industry is well supported by government initiatives
                                     TABLE 71 MEXICO: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 72 MEXICO: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
     11.3 EUROPE
             FIGURE 31 EUROPE: SPECIALTY YEAST MARKET SNAPSHOT
             TABLE 73 EUROPE: MARKET FOR SPECIALTY YEAST, BY COUNTRY, 2017–2021 (USD MILLION)
             TABLE 74 EUROPE: MARKET FOR SPECIALTY YEAST, BY COUNTRY, 2022–2027 (USD MILLION)
             TABLE 75 EUROPE: MARKET FOR SPECIALTY YEAST, BY TYPE, 2017–2021 (USD MILLION)
             TABLE 76 EUROPE: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             TABLE 77 EUROPE: MARKET FOR SPECIALTY YEAST, BY SPECIES, 2017–2021 (USD MILLION)
             TABLE 78 EUROPE: MARKET FOR SPECIALTY YEAST, BY SPECIES, 2022–2027 (USD MILLION)
             TABLE 79 EUROPE: MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2017–2021 (USD MILLION)
             TABLE 80 EUROPE: MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2022–2027 (USD MILLION)
             TABLE 81 EUROPE: MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2017–2021 (USD MILLION)
             TABLE 82 EUROPE: MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2022–2027 (USD MILLION)
             11.3.1 FRANCE
                        11.3.1.1 High livestock production in France to drive the market for specialty yeast in the feed industry
                                     TABLE 83 FRANCE: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 84 FRANCE: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.3.2 UK
                        11.3.2.1 Rising consumer demand for natural and safe products to drive the market for specialty yeast
                                     TABLE 85 UK: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 86 UK: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.3.3 GERMANY
                        11.3.3.1 Growing demand from food, beverage, and pharmaceutical industries to drive the market in the country
                                     TABLE 87 GERMANY: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 88 GERMANY: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.3.4 ITALY
                        11.3.4.1 Growing baking industry is demanding more specialty yeast
                                     TABLE 89 ITALY: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 90 ITALY: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.3.5 SPAIN
                        11.3.5.1 Increase in the potential of the food processing sector to fuel the demand for specialty yeast
                                     TABLE 91 SPAIN: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 92 SPAIN: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.3.6 REST OF EUROPE
                        TABLE 93 REST OF EUROPE: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                        TABLE 94 REST OF EUROPE: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
     11.4 ASIA PACIFIC
             FIGURE 32 ASIA PACIFIC: SPECIALTY YEAST MARKET SNAPSHOT
             TABLE 95 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY COUNTRY, 2017–2021 (USD MILLION)
             TABLE 96 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY COUNTRY, 2022–2027 (USD MILLION)
             TABLE 97 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY TYPE, 2017–2021 (USD MILLION)
             TABLE 98 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             TABLE 99 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY SPECIES, 2017–2021 (USD MILLION)
             TABLE 100 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY SPECIES, 2022–2027 (USD MILLION)
             TABLE 101 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2017–2021 (USD MILLION)
             TABLE 102 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2022–2027 (USD MILLION)
             TABLE 103 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2017–2021 (USD MILLION)
             TABLE 104 ASIA PACIFIC: MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2022–2027 (USD MILLION)
             11.4.1 CHINA
                        11.4.1.1 Berry-like flavors and floral aromas in whiskey are projected to drive the market growth
                                     FIGURE 33 SHARE OF WINE IMPORTS IN CHINA, 2021
                                     TABLE 105 CHINA: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 106 CHINA: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.4.2 JAPAN
                        11.4.2.1 Rising demand for bakery & confectionery products in the country is projected to drive the demand for specialty yeast
                                     TABLE 107 JAPAN: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 108 JAPAN: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.4.3 INDIA
                        11.4.3.1 Growing demand for fermented dairy products is driving the market for specialty yeast
                                     TABLE 109 INDIA: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 110 INDIA: MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.4.4 AUSTRALIA & NEW ZEALAND
                        11.4.4.1 Plant-based meat alternatives offer growth opportunities for specialty yeast manufacturers in the Australian market
                                     FIGURE 34 NEW ZEALAND: CHEESE AND CURD EXPORTS, 2019
                                     TABLE 111 AUSTRALIA & NEW ZEALAND: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 112 AUSTRALIA & NEW ZEALAND:  MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.4.5 REST OF ASIA PACIFIC
                        11.4.5.1 Traditionally fermented products in Vietnam and Thailand to drive the growth of the market
                                     TABLE 113 REST OF ASIA PACIFIC: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 114 REST OF ASIA PACIFIC:  MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
     11.5 REST OF THE WORLD (ROW)
             TABLE 115 REST OF THE WORLD: SPECIALTY YEAST MARKET, BY REGION, 2017–2021 (USD MILLION)
             TABLE 116 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY REGION, 2022–2027 (USD MILLION
             TABLE 117 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY TYPE, 2017–2021 (USD MILLION)
             TABLE 118 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             TABLE 119 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY SPECIES, 2017–2021 (USD MILLION)
             TABLE 120 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY SPECIES, 2022–2027 (USD MILLION)
             TABLE 121 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2017–2021 (USD MILLION)
             TABLE 122 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY APPLICATION, 2022–2027 (USD MILLION)
             TABLE 123 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2017–2021 (USD MILLION)
             TABLE 124 REST OF THE WORLD:  MARKET FOR SPECIALTY YEAST, BY FOOD APPLICATION, 2022–2027 (USD MILLION)
             11.5.1 SOUTH AMERICA
                        11.5.1.1 Rising demand for traditional fermented beverages to drive the market in South America
                                     FIGURE 35 WINE PRODUCTION IN SOUTH AMERICA, BY COUNTRY, 2021
                                     TABLE 125 CATALOG OF TRADITIONAL FERMENTED BEVERAGES IN SOUTH AMERICA
                                     TABLE 126 SOUTH AMERICA: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 127 SOUTH AMERICA:  MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)
             11.5.2 MIDDLE EAST & AFRICA
                        11.5.2.1 Growing demand for clean-label ingredients to drive the growth of the market in the Middle East
                                     TABLE 128 MIDDLE EAST & AFRICA: SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION)
                                     TABLE 129 MIDDLE EAST & AFRICA:  MARKET FOR SPECIALTY YEAST, BY TYPE, 2022–2027 (USD MILLION)

12 COMPETITIVE LANDSCAPE (Page No. - 127)
     12.1 OVERVIEW
     12.2 MARKET SHARE ANALYSIS, 2021
             TABLE 130 SPECIALTY YEAST MARKET SHARE ANALYSIS, 2021
     12.3 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS
             FIGURE 36 TOTAL REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET, 2017–2021 (USD BILLION)
     12.4 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             12.4.1 STARS
             12.4.2 PERVASIVE PLAYERS
             12.4.3 EMERGING LEADERS
             12.4.4 PARTICIPANTS
                        FIGURE 37 SPECIALTY YEAST MARKET: COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS)
             12.4.5  MARKET FOR SPECIALTY YEAST: PRODUCT FOOTPRINT (KEY PLAYERS)
                        TABLE 131 COMPANY FOOTPRINT, BY TYPE (KEY PLAYERS)
                        TABLE 132 COMPANY FOOTPRINT, BY SPECIES (KEY PLAYERS)
                        TABLE 133 COMPANY FOOTPRINT, BY APPLICATION (KEY PLAYERS)
                        TABLE 134 COMPANY FOOTPRINT, BY REGION (KEY PLAYERS)
                        TABLE 135 OVERALL COMPANY FOOTPRINT (KEY PLAYERS)
     12.5 SPECIALTY YEAST MARKET, EVALUATION QUADRANT, 2021 (OTHER PLAYERS)
             12.5.1 PROGRESSIVE COMPANIES
             12.5.2 STARTING BLOCKS
             12.5.3 RESPONSIVE COMPANIES
             12.5.4 DYNAMIC COMPANIES
                        FIGURE 38 SPECIALTY YEAST MARKET: COMPANY EVALUATION QUADRANT, 2021 (OTHER PLAYERS)
                        FIGURE 39  MARKET FOR SPECIALTY YEAST: COMPETITIVE BENCHMARKING OF OTHER PLAYERS
     12.6 COMPETITIVE SCENARIO
             12.6.1 NEW PRODUCT LAUNCHES
                        TABLE 136  MARKET FOR SPECIALTY YEAST: NEW PRODUCT LAUNCHES, 2018-2022
             12.6.2 DEALS
                        TABLE 137  MARKET FOR SPECIALTY YEAST: DEALS, 2018-2022
             12.6.3 OTHERS
                        TABLE 138 MARKET FOR SPECIALTY YEAST : OTHERS, 2022

13 COMPANY PROFILES (Page No. - 137)
     13.1 KEY PLAYERS
(Business Overview, Products/Services/Solutions offered, Recent Developments, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)* 
             13.1.1 ASSOCIATED BRITISH FOODS PLC
                        TABLE 139 ASSOCIATED BRITISH FOODS PLC: BUSINESS OVERVIEW
                        FIGURE 40 ASSOCIATED BRITISH FOODS PLC: COMPANY SNAPSHOT
                        TABLE 140 ASSOCIATED BRITISH FOODS PLC: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
                        TABLE 141 ASSOCIATED BRITISH FOODS PLC: DEALS
                        TABLE 142 ASSOCIATED BRITISH FOODS PLC: NEW PRODUCT LAUNCHES
                        TABLE 143 ASSOCIATED BRITISH FOODS PLC: OTHERS
             13.1.2 ADM
                        TABLE 144 ADM: BUSINESS OVERVIEW
                        FIGURE 41 ADM: COMPANY SNAPSHOT
                        TABLE 145 ADM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 146 ADM: OTHERS
             13.1.3 LALLEMAND INC.
                        TABLE 147 LALLEMAND INC.: BUSINESS OVERVIEW
                        TABLE 148 LALLEMAND INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 149 LALLEMAND INC.: DEALS
                        TABLE 150 LALLEMAND INC.: NEW PRODUCT LAUNCHES
                        TABLE 151 LALLEMAND INC.: OTHERS
             13.1.4 DSM
                        TABLE 152 DSM: BUSINESS OVERVIEW
                        FIGURE 42 DSM: COMPANY SNAPSHOT
                        TABLE 153 DSM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 154 DSM: OTHERS
             13.1.5 CHR. HANSEN HOLDING A/S
                        TABLE 155 CHR. HANSEN HOLDING A/S: BUSINESS OVERVIEW
                        FIGURE 43 CHR. HANSEN HOLDING A/S: COMPANY SNAPSHOT
                        TABLE 156 CHR. HANSEN HOLDING A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 157 CHR. HANSEN HOLDING A/S: OTHERS
             13.1.6 KERRY GROUP PLC.
                        TABLE 158 KERRY GROUP PLC.: BUSINESS OVERVIEW
                        FIGURE 44 KERRY GROUP PLC.: COMPANY SNAPSHOT
                        TABLE 159 KERRY GROUP PLC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 160 KERRY GROUP PLC.: NEW PRODUCT LAUNCHES
                        TABLE 161 KERRY GROUP PLC.: OTHERS
             13.1.7 LESAFFRE
                        TABLE 162 LESAFFRE: BUSINESS OVERVIEW
                        TABLE 163 LESAFFRE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 164 LESAFFRE: OTHERS
             13.1.8 ANGELYEAST CO., LTD.
                        TABLE 165 ANGELYEAST CO., LTD.: BUSINESS OVERVIEW
                        TABLE 166 ANGELYEAST CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 167 ANGELYEAST CO., LTD.: DEALS
                        TABLE 168 ANGELYEAST CO., LTD.: OTHERS
             13.1.9 BIORIGIN
                        TABLE 169 BIORIGIN: BUSINESS OVERVIEW
                        TABLE 170 BIORIGIN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 171 BIORIGIN: DEALS
             13.1.10 KEMIN INDUSTRIES, INC.
                        TABLE 172 KEMIN INDUSTRIES, INC.: BUSINESS OVERVIEW
                        TABLE 173 KEMIN INDUSTRIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 174 KEMIN INDUSTRIES, INC.: OTHERS
     13.2 OTHER PLAYERS
             13.2.1 LEIBER
                        TABLE 175 LEIBER: BUSINESS OVERVIEW
                        TABLE 176 LEIBER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 177 LEIBER: DEALS
                        TABLE 178 LEIBER: OTHERS
             13.2.2 FOODCHEM INTERNATIONAL CORPORATION
                        TABLE 179 FOODCHEM INTERNATIONAL CORPORATION: BUSINESS OVERVIEW
                        TABLE 180 FOODCHEM INTERNATIONAL CORPORATION: PRODUCTS/ SOLUTIONS/SERVICES OFFERED
             13.2.3 KOHJIN LIFE SCIENCES CO., LTD.
                        TABLE 181 KOHJIN LIFE SCIENCES CO., LTD.: BUSINESS OVERVIEW
                        TABLE 182 KOHJIN LIFE SCIENCES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.4 LEVEX
                        TABLE 183 LEVEX: BUSINESS OVERVIEW
                        TABLE 184 LEVEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.5 ARIA INGREDIENTS
                        TABLE 185 ARIA INGREDIENTS: BUSINESS OVERVIEW
                        TABLE 186 ARIA INGREDIENTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.6 HALCYON PROTEINS PTY. LTD.
             13.2.7 JEEVAN BIOTECH
             13.2.8 AGRANO GMBH & CO. KG
             13.2.9 AEB GROUP SPA
             13.2.10 TITAN BIOTECH
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies. 

14 ADJACENT AND RELATED MARKETS (Page No. - 183)
     14.1 INTRODUCTION
             TABLE 187 ADJACENT MARKETS
     14.2 LIMITATIONS
     14.3 FEED YEAST MARKET
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
                        TABLE 188 FEED YEAST MARKET, BY GENUS, 2020–2025 (USD MILLION)
     14.4 YEAST MARKET
             14.4.1 MARKET DEFINITION
             14.4.2 MARKET OVERVIEW
                        TABLE 189 YEAST MARKET, BY GENUS, 2018–2025 (USD MILLION)

15 APPENDIX (Page No. - 186)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involved four major activities in estimating specialty yeast market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases were referred to, to identify and collect information.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the market.

After the complete market engineering (which included calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types, industry trends, key players, competitive landscape of specialty yeast supplied by different market players, and key market dynamics such as drivers, restraints, opportunities, industry trends, and key player strategies.

In the complete market engineering process, top-down and bottom-up approaches were extensively used along with several data triangulation methods to conduct market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.

Specialty Yeast Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players were identified through extensive primary and secondary research.
  • The value chain and market size of the specialty yeast market, in terms of value and volume, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall specialty yeast market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using the top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adopted—the top-down approach, the bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points match, the data is assumed to be correct.

Report Objectives

  • To describe and forecast the specialty yeast market, in terms of type, species, application, and region.
  • To describe and forecast the specialty yeast market, in terms of value, by region–Europe, Asia Pacific, North America, and the Rest of the World—along with their respective countries.
  • To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market.
  • To study the complete value chain of the market.
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market.
  • To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with details on the competitive landscape of market leaders.
  • To analyze strategic approaches, such as expansions & investments, product launches & approvals, mergers & acquisitions, and agreements in the specialty yeast market.

Available Customizations:

MarketsandMarkets offers customizations according to client-specific scientific needs with the given market data.

The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of the European specialty yeast market into key EU and non-EU countries
  • Further breakdown of the Rest of Asia Pacific specialty yeast market into Indonesia, the Philippines, Vietnam, Thailand, and South Korea

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Report Code
FB 7068
Published ON
Jul, 2022
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