Yeast Ingredient Market Report: Trends, Forecast and Competitive Analysis
The future of the yeast ingredient market looks promising with opportunities in the food, feed & pet food, and pharmaceutical industries. The global yeast ingredient market is expected to grow with a CAGR of 7%-9% from 2020 to 2025. The major drivers for this market are rising effect of busy lifestyles in developing countries that has resulted in the increased demand for processed food & beverages and use of yeast ingredients for making in-situ flavors, savory aroma, and enhance the taste, which results in increased palatability.
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In this market, yeast extract is the largest type segment of yeast ingredient, whereas food is the largest application. Growth in various segments of the yeast ingredient market are given below:
The study includes trends and forecast for the global yeast ingredient market by type, application, source, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
- Yeast Extract
- Autolyzed Yeast
- Yeast Cell Wall
- Yeast-Based Flavor
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
- Feed & Pet Food
By Source [Value ($ Million) shipment analysis for 2014 – 2025]:
- Baker’s Yeast
- Brewer’s Yeast
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
- North America
- United States
- United Kingdom
- Asia Pacific
- The Rest of the World
Some of the yeast ingredient companies profiled in this report include Associated British Foods, Kerry Group, Koninklijke DSM, Sensient Technologies, Angel Yeast, Lesaffre, LALLEMAND, Leiber, Synergy Flavors, and BELDEM.
Lucintel forecasts that yeast extract will remain the largest type segment over the forecast period, as there is an increase in consumer preference for savory food products and flavors.
Within this market, food will remain the largest segment by application over the forecast period due to increasing health consciousness and fast-evolving indulgence by consumers, which are driving the demand for low-salt, low-fat, and no-glutamate food products. Manufacturers of processed food products are targeting consumers with better-for-you low-salt products to boost sales in a stagnating and matured yeast ingredient market.
Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to growing population, rising income, increasing urbanization, and growing demand for processed food products in the developing countries, such as India, and China.
Features of the Global Yeast Ingredient Market
- Market Size Estimates: Global yeast ingredient market size estimation in terms of value ($M) shipment.
- Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
- Segmentation Analysis: Global yeast ingredient market size by various segments, such as type, application, and source in terms of value.
- Regional Analysis: Global yeast ingredient market breakdown by the North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, application, source, and region for the global yeast ingredient market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global yeast ingredient market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the global yeast ingredient market by type (yeast extract, autolyzed yeast, yeast cell wall, and yeast-based flavor), application (food, feed & pet food, and pharmaceuticals), source (baker’s yeast and brewer’s yeast), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global yeast ingredient market?
Q.5 What are the business risks and threats to the global yeast ingredient market?
Q.6 What are the emerging trends in this yeast ingredient market and the reasons behind them?
Q.7 What are some changing demands of customers in this yeast ingredient market?
Q.8 What are the new developments in this yeast ingredient market? Which companies are leading these developments?
Q.9 Who are the major players in this yeast ingredient market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this yeast ingredient market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global yeast ingredient market?
Key Features Description
Base Year for Estimation 2019
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages More than 150
Market Representation / Units Revenue in US $ Million
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments Type (Yeast Extract, Autolyzed Yeast, Yeast Cell Wall, and Yeast-based Flavor), Application (Food, Feed & Pet Food, and Pharmaceuticals), and Source (Baker’s Yeast and Brewer’s Yeast)
Regional Scope North America (USA, Mexico, and Canada), Europe (United Kingdom, Spain, Germany, and France), Asia (China, India, and Japan), and ROW (Brazil)Please note:
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