The yeast market is projected to reach USD 5.40 billion by 2022 at a CAGR of 9.0% from 2017 to 2022. The market is driven by factors such as the increasing preference for ready-to-cook products over traditional food products, growth of the bakery industry, increasing consumption of alcoholic beverages such as wine and beer, and increase in demand for bio ethanol as a fuel.
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Study on Yeast Market highlights key players such as Associated British Foods plc (U.K.), AngelYeast Co., Ltd (China), Lesaffre Group (France), Chr. Hansen Holding A/S (Denmark), and Koninklijke DSM N.V.
Complete report on Yeast Market spread across 191 Pages, Profiling 14 Companies and Supported with 117 Tables and 49 Figures is now available at www.rnrmarketresearch.com/global-y…arket-report.html
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Key Target Audience;
- Yeast manufacturers
- Technology providers to the yeast manufacturers
- Specialty yeast manufacturers/suppliers
- Importers and exporters of yeast
- Raw material suppliers
- Commercial research & development (R&D) institutions and financial institutions
- Intermediary suppliers
- End users
The food segment is expected to witness the fastest growth in the yeast application segment. It accounted for the largest market share in 2016.
The food segment is further categorized into bakery, alcoholic beverages, non-alcoholic beverages, prepared food, and others which include nutritional supplements and snacks. The demand for baked products and non-alcoholic beverages has increased, which in turn drives the demand for yeast in the food segment.
Europe accounted for the largest market share in 2016. The food & beverage industry is one of the largest manufacturing sectors in Europe.
The yeast market in Europe is growing rapidly due to various factors such as increased consumption of alcoholic beverages and convenience products, and awareness about natural ingredients such as yeast extracts. The European yeast market is a highly matured market with the increasing usage of yeast in applications such as food, feed, and pharmaceuticals.
Due to the increase in consumption of various baked products such as bread, cakes, rolls, pastries, and alcoholic beverages, the region is expected to be one of the prominent markets for yeast in the coming years.
Key Points From Table Of Content:
Yeast Market, By Application
- Alcoholic Beverages
- Prepared Food
- Non-Alcoholic Beverages
- Other Applications
Yeast & Specialty Yeast Market, By Species
- Saccharomyces Cerevisiae
- Bakery Application
- Beverage Application
- Pichia Pastoris
- Healthcare Application
- Methanol Production
- Food Application
Yeast, on the basis of type, is segmented into baker’s yeast, brewer’s yeast, wine yeast, bioethanol yeast, feed yeast, and others (nutritional and supplement yeast). The applications of yeast are food, feed, and others (industrial and pharmaceuticals).
On the basis of form, the market is segmented into fresh yeast, dry yeast, instant yeast, and others (including bread machine yeast and rapid-rise yeast).The specialty yeast market, by type, is segmented into yeast extracts, and yeast auto lysates, other yeast derivatives, and others. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
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