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 2025
Specialty Yeast Market
Specialty Yeast Market Key Drivers & Restraints:
Yeasts are microorganisms, belonging to the fungi kingdom, they are widely used in the production of food & beverages as well as bio-fuel as a source of nutrients. Specialty yeast products originate in natural food yeast, which is used for enhancing the nutritional and taste contributing properties of food products. Specialty yeasts are mainly used in the food industry for their organoleptic properties, they are used for manufacturing specific, fermented foods such as dairy and bakery products.
Key Drivers:
- Research & development driving innovation
- Increase in demand for specialty yeast ingredients in food & beverage application
- Increase in demand for bio-ethanol as a fuel
Key Restraints:
- Stringent food safety regulations
- Competition for basic raw materials
Species of Specialty Yeast :
With the growing demand for fruity and spicy flavors from consumers alongside the high awareness among them about natural and clean label products, the demand for specialty yeast is growing. Companies are focusing on their R&D on the introduction and expansion of their product portfolios to cater to these needs.
- Saccharomyces Cerevisiae
- Pichia Pastoris
Top 10 players in specialty yeast industry:
The competitive landscape provides an overview of the relative market position of the key players operating in the specialty yeast market, based on the strength of their project offerings and business strategies, analyzed based on a proprietary model. Key players in the market have majorly adopted strategies such as new product launches, agreements, collaborations, and joint ventures, expansions, and acquisitions. Some of the major players in the market are:
- Associated British Foods
- Archer Daniels Midland
- Lallemand
- Chr. Hansen
- DSM
- Kerry
- Lesaffre
- Angel Yeast
- Biorogin
- Beldem
[169 Pages Report] The specialty yeast market is estimated to account for a value of USD 2.7 billion in 2019 and is projected to grow at a CAGR of 7.2% from 2019, to reach a value of USD 4.0 billion by 2025. The usage of specialty yeast is increasing, owing to the growing awareness about its nutritional benefits. Specialty yeasts, such as yeast extracts, are emerging as cost-cutting culinary and functional ingredients. The specialty yeast industry exhibits considerable progress, owing to the growth in the convenience food & beverage industry and emerging non-food applications. Factors such as urbanization, changing lifestyle, the increase in demand for convenience products, and consumer preference toward natural food ingredient are driving the Asia Pacific market.
By type, the yeast extract segment is projected to dominate the specialty yeast market during the forecast period.
The yeast extract segment is projected to dominate the specialty yeast market during the forecast period. High availability and increasing application in the food & beverage industry has led to a surge in the demand for yeast extracts in the market. Europe dominates the market due to increasing demand for specialty yeast from bakery and alcohol industry.
The Saccharomyces cerevisiae segment is projected to dominate the species of specialty yeast market during the forecast period.
Saccharomyces cerevisiae is one of the most commonly utilized species of yeast since it is robust and can withstand stressful conditions. Due to the growing demand for peppery & spicy flavors, Saccharomyces cerevisiae finds use in various applications in the food industry. Within the beverage industry, it is used in the fermentation of wine and ethanol. Post the utilization of Saccharomyces cerevisiae in the production of ethanol, it finds use in feed due to its functional properties and health benefits such as improvement of nutrient digestion among dairy cattle, reduction of acidosis among rumen, and overall improvement in the performance of the animal.
Changing the consumer preference and tastes drives the food segment for applications of specialty yeast market during the forecast period.
Specialty yeast is used in food applications such as sauces, snacks seasoning, ready-to-eat meat, bakery products, and functional foods. Saccharomyces cerevisiae, also known as baker’s yeast, is the most commonly used variety of yeast used in fermentation. Yeast extracts, yeast autolysates, and dried yeast are considered to be nutritive ingredients that are used in the food processing industry for various products such as nuts and cheese to enhance their taste and flavor.
The increasing R & D activities in the yeast industry to find plant-based alternatives for specialty yeast
Companies are investing in developing new alternatives to yeast extracts, which are more cost-effective as compared to specialty yeasts. For instance, in November 2013, Roquette Frères (France) launched SOLULYS, which is used in the fermentation industry, it is a cost-effective solution which can be used as a substitute for yeast extracts. These yeast replacers have similar properties and applications as specialty yeast at a comparatively cheaper cost. It is estimated that there can may be an increase in the demand for natural plant-based yeast replacers in the products over yeast and specialty yeast. Inclination of the population towards the vegan products is also estimated to fuel these products over specialty yeasts.
The increased demand for fermented products in countries such as China and India are expected to drive the market for specialty yeast in Asia Pacific.
The food & beverage industry in the Asia Pacific region is growing due to factors such as the growing demand for dairy products such as cheese and yogurt along with the growth in the market for plant-based alternatives and traditional fermented products. Some of the major trends witnessed in the Asia Pacific region include increasing awareness about health & wellness and the growing demand for products that are natural, pure, and fresh, due to which fermented flavors such as kimchi and kombucha are gaining popularity.
Key Market Players
The key players in this market include Associated British Foods (UK), Angel Yeast (China), Lallemand (Canada), Lesaffre (France), and Chr. Hansen (France). Major players in this market are focusing on increasing their presence through expansions & investments, mergers & acquisitions, and agreements. These companies have a strong presence in North America and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
Scope of the report
|
Report Metric |
Details |
|
Market size available for years |
2017-2025 |
|
Base year considered |
2018 |
|
Forecast period |
2019-2025 |
|
Forecast units |
Value (USD) |
|
Segments covered |
Type, Species, Application, and Region |
|
Geographies covered |
North America, Europe, Asia Pacific, RoW |
|
Companies covered |
Associated British Foods (UK), Archer Daniels Midland (US), Lallemand (Canada), Chr. Hansen (Denmark), Koninklijke DSM N.V (Netherlands), Kerry (Ireland), Lesaffre (France), Angel Yeast (China), Biorigin (Brazil), Beldem (Blegium), Kemin Industries (US), Leiber (Germany), Synergy Flavors (UK), Nutreco N.V (Netherlands), Levex (Turkey) |
This research report categorizes the specialty yeast market based on type, species, application, and region.
On the basis of type, the specialty yeast market has been segmented as follows:
- Yeast extracts
- Yeast autolysates
- Yeast beta-glucan
- Other yeast derivatives (yeast flavor enhancers, yeast saccharides, and yeast pigments
On the basis of species, the specialty yeast market has been segmented as follows:
- Saccharomyces cerevisiae
- Pichia pastoris
- Kluyveromyces
- Others (Torulaspora delbrueckii, Metschnikowia fructicola, and Candida queretana)
On the basis of application, the specialty yeast market has been segmented as follows:
- Food
- Bakery
- Functional foods
- Savory
- Others (savories & snacks)
- Beverages
- Feed
- Others (pharmaceuticals, chemicals, cosmetics, and personal care products)
On the basis of region, the specialty yeast market has been segmented as follows:
- North America
- Europe
- Asia Pacific
- Rest of World (RoW)*
*Rest of the World (RoW) includes South America and the Middle East & Africa
Recent Developments:
- In March 2019, to meet the growing demand for its protected live yeasts, namely, Levucell SC Titan and Levucell SB Titan, Lallemand Animal Nutrition decided to invest on increasing the capacity of its production plant in Józefów (Poland). The investments focused on yeast drying and microencapsulation capacities of the plant.
- In March 2019, Lallemand Biofuels & Distilled Spirits (US) entered into a collaboration with BioTork LLC (US), to develop improved yeast strains which could be used in the ethanol industry. The collaboration aimed at complementing the former’s metabolic engineering approach to develop strains.
- In January 2019, Ohly (Denmark) launched Ohly-GO, hydrolyzed yeast cell walls which would reduce the usage of antibiotics in animal nutrition.
- In January 2019, Ohly (Denmark) and Lallemand (Canada), entered into a strategic partnership for the divestment of Ohly’s Hutchinson Torula Yeast facility and associated Torula whole cell business in the US. The long-term supply partnership between these companies aimed at benefitting Ohly by ensuring sustainable security of the Hutchinson site.
- In December 2018, Kerry Group completed the acquisition of Ariake (US), a producer of natural clean label savory taste solutions which are derived from poultry, pork, and vegetables. The company offers yeast extracts to the food & beverage industry. This acquisition would strengthen the group’s product portfolio catering to specialty yeast.
Key Questions addressed by the report:
- What are the new application areas for specialty yeast that companies are exploring?
- Which are the key players in the specialty yeast market and how intense is the competition?
- What kind of competitors and stakeholders would be interested in this market? What will be their go-to-market strategy, and which emerging market will be of significant interest?
- How are the current R&D activities and M&A’s in the specialty yeast market projected to create a disrupting environment in the coming years?
- What will be the level of impact of new product launches on the revenues of stakeholders, due to the benefits offered by specialty yeast‒‒from rising revenue, environmental regulatory compliance, to sustainable profits for the suppliers?
Frequently Asked Questions (FAQ):
I wish to gain understanding on yeast extracts. What types of specialty yeast are included in this market study?
The report provides granular information on the following types of specialty yeast:
- Yeast extracts
- Yeast autolysates
- Yeast beta-glucans
- Other yeast derivatives (yeast flavor enhancers, yeast saccharides and yeast pigments)
Need a complete understanding on the competition in this market. What are the information captured in company profiles?
The report includes the profiling of top 10 companies in this market and includes the following sections:
- Business Overview
- Recent financials (in case of public companies)
- Product offering
- Key strategies adopted by the companies
- MnM view/ Right to win on the company
- Competitive benchmarking among all companies
Which applications are been included in the report?
The application included in the report are as follows:
- Food
- Bakery
- Functional food
- Savory
- Others
- Beverage
- Feed
- Other applications
What is Competitive Leadership Mapping covered in the report?
The Competitive Leadership Mapping is the positioning of market players in the micro quadrant based on the strength of product offering and strength of the business portfolio. This provides bird eye view for the position of companies in the market.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 16)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 21)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations
3 Executive Summary (Page No. - 28)
4 Premium Insights (Page No. - 32)
4.1 Attractive Opportunities in the Specialty Yeast Market
4.2 Specialty Yeast Market, By Region, 2019 vs 2025
4.3 Specialty Yeast Feed Market, By Type, 2019 vs 2025
4.4 Europe: Specialty Yeast Market, By Species and Country
4.5 Specialty Yeast Market Share, By Application, 2019 vs 2025
5 Market Overview (Page No. - 36)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Research & Development Driving Innovation
5.2.1.2 Increase in Demand for Specialty Yeast Ingredients in Food & Beverage Application
5.2.1.3 Increase in Demand for Bio-Ethanol as A Fuel
5.2.2 Restraints
5.2.2.1 Stringent Food Safety Regulations
5.2.2.2 Competition for Basic Raw Materials
5.2.3 Opportunities
5.2.3.1 Growth in Demand for Clean Label Products in Developed Countries
5.2.3.2 New Variants of Specialty Yeast Ingredients for Improved Functionality
5.2.3.3 Yeast as A Promising Protein Source in Feed Products
5.2.4 Challenges
5.2.4.1 Commercialization of Duplicate & Low-Quality Products
6 Regulatory Framework (Page No. - 42)
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 Market Disruption (Page No. - 48)
7.1 Rising R&D Activities for Creating Alternatives to Replace Specialty Yeast in the Fermentation Industry
8 Industry Trends (Page No. - 49)
8.1 Introduction
8.2 Supply Chain Analysis
8.3 Porter’s Five Forces
8.4 Patent Analysis
9 Specialty Yeast Market, By Type (Page No. - 54)
9.1 Introduction
9.2 Yeast Extracts
9.2.1 Yeast Extracts Used Mainly as A Natural Aromatic Ingredient for Savory Food Products Such as Soups, Sauces, Meat Preparations, and Savory Mixes
9.3 Yeast Autolysate
9.3.1 Yeast Autolysate is A Good Source of Nutrients Such as Proteins, Vitamins, Fiber, and Micronutrients
9.4 Yeast Beta-Glucan
9.4.1 Yeast Beta-Glucan Have Physicochemical Properties, Which Makes Them Useful in Food, Feed, Chemical, and Cosmetic Production
9.5 Other Yeast Derivatives
9.5.1 Other Yeast Derivatives are Usually Characterized According to Their Biochemical Composition
10 Specialty Yeast Market, By Species (Page No. - 61)
10.1 Introduction
10.2 Saccharomyces Cerevisiae
10.2.1 Saccharomyces Cerevisiae is Used for the Preparation of Peppery and Spicy Flavors
10.3 Pichia Pastoris
10.3.1 Due to the Ability of Flavor Ester Synthesis, Pichia Pastoris Finds Use in the Flavor Industry to Act as A Taste Modulator
10.4 Kluyveromyces
10.4.1 Kluyveromyces is Used in the Preparation of Fruit Flavor-Based Dairy Products
10.5 Others
10.5.1 Torula Delbrueckii is Among the Most-Widely Used Non-Saccharomyces Yeast for Wine-Making
11 Specialty Yeast Market, By Application (Page No. - 69)
11.1 Introduction
11.2 Food
11.2.1 Bakery
11.2.1.1 Changing Consumer Preferences and Tastes and the Increasing Health Consciousness Have Significantly Contributed to the Growth of the Baker’s Yeast Market.
11.2.2 Functional Food
11.2.2.1 Probiotic Foods are A Group of Functional Foods
11.2.3 Savory
11.2.3.1 Specialty Yeast is Commonly Used in Savory Products to Enhance Its Taste and Flavor
11.2.4 Others
11.2.4.1 Nutritional Yeast is Strong in Taste But Can Be Topped Onto Many Snack Products for Authentic Taste.
11.3 Beverage
11.3.1 Specialty Yeasts That are Non-Saccharomyces Yeasts are Also Used to Produce Wine and Beer.
11.4 Feed
11.4.1 The Growing Prevalence of Diseases in Animals Increasing Awareness of Animal Health Driving the Specialty Yeast Market
11.5 Other Applications
11.5.1 to Enhance the Nutritive Quality of the Supplements for Animal and Human Consumption Specialty Yeasts are Used
12 Specialty Yeast Market, By Region (Page No. - 80)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.1.1 The US Dominated the Specialty Yeast Market Due to the Increasing Adoption of Bio-Fuel and Increasing Consumption of Prepared and Functional Foods
12.2.2 Canada
12.2.2.1 The Increasing Awareness of Animal Health in the Country is Demanding More Natural Additives, Which is Fueling the Market for Specialty Yeasts
12.2.3 Mexico
12.2.3.1 The Mexican Food Industry is Well Supported By Government Initiatives
12.3 Europe
12.3.1 France
12.3.1.1 High Livestock Production in France Drives the Market for Specialty Yeast in the Feed Industry
12.3.2 UK
12.3.2.1 Increase in Consumer Demand for Natural and Safe Products is Driving the Market for Specialty Yeast
12.3.3 Germany
12.3.3.1 Growth in Demand From Food, Beverage, and Pharmaceutical Industries is Driving the Market in the Country
12.3.4 Italy
12.3.4.1 The Growth of the Baking Industry is Demanding More Specialty Yeast
12.3.5 Spain
12.3.5.1 Increase in the Potential of the Food Processing Sector in the Country is Increasing Demand for Specialty Yeast
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.1.1 Berry-Like Flavors and Floral Aromas in Whiskey are Projected to Drive the Market Growth
12.4.2 Japan
12.4.2.1 Rising Demand for Bakery & Confectionary Products in the Country is Projected to Drive the Demand for Specialty Yeast
12.4.3 India
12.4.3.1 Growing Demand for Fermented Dairy Products is Driving the Market for Specialty Yeast
12.4.4 Australia & New Zealand
12.4.4.1 Plant-Based Meat Alternatives Offer Growth Opportunities for Specialty Yeast Manufacturers in the Australian Market
12.4.5 Rest of Asia Pacific
12.4.5.1 Traditionally Fermented Products in Vietnam and Thailand to Drive the Growth of the Specialty Yeast Market
12.5 Rest of the World (RoW)
12.5.1 South America
12.5.1.1 The Rising Demand for Traditional Fermented Beverages is Driving the Specialty Yeast Market in South America
12.5.2 The Middle East & Africa
12.5.2.1 Growing Demand for Clean-Label Ingredients is Driving the Growth of the Specialty Yeast Market in the Middle East
13 Competitive Landscape (Page No. - 114)
13.1 Overview
13.2 Competitive Leadership Mapping (Overall Market)
13.2.1 Terminology/Nomenclature
13.2.1.1 Visionary Leaders
13.2.1.2 Innovators
13.2.1.3 Dynamic Differentiators
13.2.1.4 Emerging Companies
13.2.2 Strength of Product Portfolio
13.2.3 Business Strategy Excellence
13.3 Ranking of Key Players, 2018
13.4 Competitive Scenario
13.4.1 New Product Launches
13.4.2 Expansions & Investments
13.4.3 Acquisitions
13.4.4 Agreements, Collaborations, and Partnerships
14 Company Profiles (Page No. - 126)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
14.1 Associated British Foods
14.2 Archer Daniels Midland
14.3 Lallemand
14.4 Chr. Hansen
14.5 Koninklijke DSM N.V
14.6 Kerry
14.7 Lesaffre
14.8 Angel Yeast
14.9 Biorigin
14.10 Beldem
14.11 Kemin Industries
14.12 Leiber
14.13 Synergy Flavors
14.14 Nutreco N.V
14.15 Levex
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
15 Appendix (Page No. - 161)
15.1 Discussion Guide
15.2 Research Methodology Flow
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Available Customizations
15.5 Related Reports
15.6 Author Details
List of Tables (67 Tables)
Table 1 USD Exchange Rates Considered, 2014–2018
Table 2 Amino Acid Comparison Chart for Yeast- and Soy Meal-Based Livestock Diet
Table 3 Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 4 Specialty Yeast Market Size, By Type, 2017–2025 (KT)
Table 5 Yeast Extracts Market Size, By Region, 2017–2025 (USD Million)
Table 6 Yeast Autolysate Market Size, By Region, 2017–2025 (USD Million)
Table 7 Yeast Beta-Glucan Market Size, By Region, 2017–2025 (USD Million)
Table 8 Other Yeast Derivatives Market Size, By Region, 2017–2025 (USD Million)
Table 9 Specialty Yeast Market Size, By Species, 2017–2025 (USD Million)
Table 10 Saccharomyces Cerevisiae: Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 11 Pichia Pastoris: Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 12 Kluyveromyces: Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 13 Others: Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 14 Specialty Yeast Market Size, By Application, 2017–2025 (USD Million)
Table 15 Specialty Yeast Market Size, By Application, 2017–2025 (KT)
Table 16 Specialty Yeast Market Size, By Food Subsegment, 2017–2025 (USD Million)
Table 17 Food Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 18 Bakery Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 19 Functional Food Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 20 Savory Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 21 Other Foods Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 22 Beverage Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 23 Feed Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 24 Other Applications Specialty Yeast Market Size, By Region, 2017–2025 (USD Million)
Table 25 Specialty Yeast Market Size, By Region, 2019–2025 (USD Million)
Table 26 Specialty Yeast Market Size, By Region, 2019–2025 (KT)
Table 27 North America: Specialty Yeast Market Size, By Country, 2017–2025 (USD Million)
Table 28 North America: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 29 North America: Specialty Yeast Market Size, By Species, 2017–2025 (USD Million)
Table 30 North America: Specialty Yeast Market Size, By Application, 2017–2025 (USD Million)
Table 31 North America: Specialty Yeast Market Size, By Food Application, 2017–2025 (USD Million)
Table 32 US: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 33 Canada: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 34 Mexico: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 35 Europe: Specialty Yeast Market Size, By Country, 2017–2025 (USD Million)
Table 36 Europe: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 37 Europe: Specialty Yeast Market Size, By Species, 2017–2025 (USD Million)
Table 38 Europe: Specialty Yeast Market Size, By Application, 2017–2025 (USD Million)
Table 39 Europe: Specialty Yeast Market Size, By Food Application, 2017–2025 (USD Million)
Table 40 France: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 41 UK: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 42 Germany: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 43 Italy: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 44 Spain: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 45 France: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 46 Asia Pacific: Specialty Yeast Market Size, By Country, 2017–2025 (USD Million)
Table 47 Asia Pacific: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 48 Asia Pacific: Specialty Yeast Market Size, By Species, 2017–2025 (USD Million)
Table 49 Asia Pacific: Specialty Yeast Market Size, By Application, 2017–2025 (USD Million)
Table 50 Asia Pacific: Specialty Yeast Market Size, By Food Application, 2017–2025 (USD Million)
Table 51 China: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 52 Japan: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 53 India: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 54 Australia & New Zealand: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 55 Rest of Asia Pacific: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 56 Rest of the World: Specialty Yeast Market Size, By Country, 2017–2025 (USD Million)
Table 57 Rest of the World: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 58 Rest of the World: Specialty Yeast Market Size, By Species, 2017–2025 (USD Million)
Table 59 Rest of the World: Specialty Yeast Market Size, By Application, 2017–2025 (USD Million)
Table 60 Rest of the World: Specialty Yeast Market Size, By Food Application, 2017–2025 (USD Million)
Table 61 Catalogue of Traditional Fermented Beverages in South America
Table 62 South America: Specialty Yeast Market Size, By Type, 2017–2025 (USD Million)
Table 63 Middle East & Africa: Specialty Yeast Market Size, By Application, 2017–2025 (USD Million)
Table 64 New Product Launches
Table 65 Expansions & Investments
Table 66 Acquisitions
Table 67 Agreements, Collaborations, and Partnerships
List of Figures (48 Figures)
Figure 1 Specialty Yeast Market Segmentation
Figure 2 Regional Segmentation
Figure 3 Specialty Yeast Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Yeast Extracts Segment, By Type, to Dominate the Specialty Yeast Market Throughout 2025
Figure 9 Saccharomyces Cerevisiae Segment, By Species, to Dominate the Specialty Yeast Market During the Forecast Period
Figure 10 Food Segment, By Application, to Dominate the Specialty Yeast Market
Figure 11 Asia Pacific to Be the Fastest-Growing Region in the Specialty Yeast Market During the Forecast Period
Figure 12 Specialty Yeast: an Emerging Market With Promising Growth Potential
Figure 13 Europe Projected to Dominate the Specialty Yeast Market From 2019 to 2025
Figure 14 Yeast Extracts Segment Projected to Hold the Largest Share in the Specialty Yeast Market From 2019 to 2025
Figure 15 The Saccharomyces Cerevisiae Segment Accounted for the Largest Share of the European Specialty Yeast Market in 2018
Figure 16 Functional Foods Segment Estimated to Dominate the Specialty Yeast Market in 2019
Figure 17 Japan, China, and Canada Projected to Grow at Higher CAGRs During the Forecast Period
Figure 18 Specialty Yeast Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Total Per Capita Pure Alcohol Consumption Among Drinkers, 2000–2016 (Liter)
Figure 20 US: Fuel Ethanol Production, 2013–2017 (‘000 Barrels/Day)
Figure 21 Strain Development and Distribution Phases Play A Vital Role in the Supply Chain
Figure 22 Porter’s Five Forces: Market Fragmentation and Development & Launch of New Products Have Intensified Industrial Rivalry
Figure 23 Specialty Yeast Market Size, By Type, 2019 vs 2025 (USD Million)
Figure 24 Specialty Yeast Market, By Species, 2019 vs 2025 (USD Million)
Figure 25 Role of Saccharomyces Cerevisiae in the Production of Fermented Beverages
Figure 26 Kluyveromyces: Specialty Yeast Market, By Region, 2019 vs 2025 (USD Million)
Figure 27 Specialty Yeast Market Size, By Application, 2019 vs 2025 (USD Million)
Figure 28 Specialty Yeast Market Size, By Region, 2019 vs 2025 (USD Million)
Figure 29 North America: Specialty Yeast Market Regional Snapshot
Figure 30 Europe: Specialty Yeast Market Snapshot
Figure 31 Asia Pacific: Specialty Yeast Market Snapshot
Figure 32 Wine Import Share in China, 2017
Figure 33 Fluid Milk Import Share in China, 2017
Figure 34 Top Bakery Products Market in the Asia Pacific Region, 2015 (USD Million)
Figure 35 Grape Production in India, 2015
Figure 36 New Zealand Cheese and Curd Exports, 2017
Figure 37 Wine Production in South America, 2019
Figure 38 Key Developments of the Leading Players in the Specialty Yeast Market, 2014–2018
Figure 39 Global Specialty Yeast Market Competitive Leadership Mapping, 2018
Figure 40 Associated British Foods Led the Specialty Yeast Maret in 2018
Figure 41 Market Evaluation Framework, 2016–2018
Figure 42 Associated British Foods: Company Snapshot
Figure 43 Associated British Foods: SWOT Analysis
Figure 44 Archer Daniels Midland: Company Snapshot
Figure 45 Archer Daniels Midland: SWOT Analysis
Figure 46 Chr. Hansen: Company Snapshot
Figure 47 Koninklijke DSM N.V: Company Snapshot
Figure 48 Kerry: Company Snapshot
The study involves four major activities to estimate the current market size of the specialty yeast market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market size were validated 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, the market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, in order to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.
Primary Research
The specialty yeast market comprises several stakeholders such as manufacturers, importers and exporters, traders, distributors, and suppliers of specialty yeast, feed processors & manufacturers, government & research organizations. It also includes manufacturers of pharmaceuticals and nutraceutical companies. The demand-side of this market is characterized by the rising need for clean label products in the developed countries. The supply-side is characterized by the introduction of new variants of yeast ingredients for improved functionality. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the specialty yeast 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 in the industry and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, was determined through primary and secondary research processes.
- All percentage shares splits, and breakdowns were determined using secondary sources and verified through primary respondents
Data Triangulation,
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides in the specialty yeast industry.
Report Objectives
- To define, segment, and project the global market size of the specialty yeast market.
- To understand the specialty yeast market by identifying its various subsegments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)
- To profile key players and comprehensively analyze their core competencies
- To understand the competitive landscape and identify major growth strategies adopted by players across key regions
- To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, and agreements
Available Customizations
Based on the given market data, MarketsandMarkets offers customizations in the reports as per client-specific requirements. The available customization options are as follows:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the Rest of Europe specialty yeast market into the Netherlands, Finland, Denmark, Norway, Belgium, and Russia
- Further breakdown of the Rest of Asia-Pacific specialty yeast market into Indonesia, Thailand, Vietnam, Singapore, Malaysia, the Philippines, and South Korea
- Further breakdown of the RoW specialty yeast market into Brazil, Argentina, Peru, the UAE, and South Africa
Company Information
- Detailed analysis and profiling of additional market players (up to five)
Get in-depth analysis of the COVID-19 impact on the Specialty Yeast Market
Benchmarking the rapid strategy shifts of the Top 100 companies in the Specialty Yeast Market
Request For Special Pricing
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Specialty Yeast Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Specialty Yeast Market