Yeast Market

Yeast Market worth $5.40 billion by 2022

The report "Yeast Market by Type (Bakers, Brewers, Wine, Feed, Bioethanol), Form (Dry, Instant, Fresh), Application (Food, Feed), Specialty Yeast by Type (Yeast Extracts and Autolysates), and Region - Global Forecast to 2022", The global yeast market is is projected to reach about USD 5.40 billion by 2022, at a CAGR of 9.0%. Rising demand for bakery products, convenience foods and an increasing trend in the consumption of alcoholic beverages are expected to drive the growth of the yeast market. Emerging economies such as China, India, and Brazil offer several opportunities for market expansion due to the growth of the food & beverage industry.

Browse 117 Market Data Tables and 49 Figures spread through 189 Pages and in-depth TOC on "Yeast Market by Type (Bakers, Brewers, Wine, Feed, Bioethanol), Form (Dry, Instant, Fresh), Application (Food, Feed), Specialty Yeast by Type (Yeast Extracts and Autolysates), and Region - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/yeast-industry-268.html

The baker’s yeast segment is estimated to account for a larger market share, in terms of value, in 2016

Baker’s yeast is available in different forms, such as cake yeast, active dry yeast, organic yeast and instant yeast, and molasses is the most commonly used raw material in the manufacturing of baker’s yeast. The demand for baker’s yeast is increasing in developing economies, due to the increasing trend of consumption of processed food items, gluten free products and special bakery foods. The major application areas for baker’s yeast are breads, bread rolls, pizza bases, cracker biscuits, sweet breads, burgers, and buns for dough fermentation.

The fresh yeast segment is estimated to witness the fastest growth in the yeast market in 2016

Fresh yeast is available in forms, such as cream, stabilized, and compressed. Fresh yeast is used in bakery products, owing to its favorable rising qualities and ability to enhance flavor and taste in breads, croissants and Danish pastries. There is a growing demand for fermented products from the consumers in the Asia Pacific region aiding the growth of the yeast market.

The food segment, by application, is estimated to account for the largest market share in the yeast market in 2019

Yeasts are used in the food industry in several applications such as soups, sauces, broths and gravies, snack seasonings, ready-to-eat meals, processed fish, meat and analogs, dairy, bakery, beverages, and dietary supplements. Yeast extracts, yeast autolysates, and dried yeast are extensively used in the food industry in various products, such as nuts and cheese to enhance their flavors. In the alcohol industry, yeast is majorly used to produce beer and wine. The strains of Saccharomyces cerevisiae yeast species are widely used in the production of ale and lagers. Furthermore, pure yeast is used to ensure reliable fermentation of yeast in different bakery products.

The European region is projected to dominate the yeast market through the forecast period

In 2019, the European region is projected to lead the global yeast market. Factors such as increasing consumption of alcoholic beverages and the growth in awareness among the consumers about the health benefits associated with natural and clean label products is driving the growth in the European region. The yeast market in this region has grown rapidly as a spillover effect of the growing food processing industry and stringent regulations on synthetic ingredients used in the products, paving the way for natural ingredients such as yeast derivatives.

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the yeast market. It includes the profiles of leading companies such as Angel Yeast (Japan), Associated British Foods (UK), Lallemand (Canada, Koninklijke DSM N.V (Netherlands), ), Lesaffre (France), Biorigin (Brazil), Beldem (Blegium), ), Chr. Hansen (Denmark) Kerry (Ireland), Associated British Foods (UK) Kemin Industries (US), Alltech (US), Synergy Flavors (UK), and Oriental Yeast (Japan).

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Report Code
FB 2233
PR Published ON
8/21/2017
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