Yeast is a versatile microorganism that has extensive applications in baking, brewing, nutritional supplements, and animal feed. Its advantages include serving as a natural leavening agent, enhancing flavors, providing nutritional benefits, and supporting sustainability efforts. This trend towards organic food and yeast's diverse applications has positioned it as a pivotal player in the North American food and beverage market, fostering its continued expansion.
According to Data Bridge Market Research analyses the North America Yeast Market was valued at USD 1,487.2 million in 2022 and is expected to reach the value of USD 2,814.47 million by 2030, at a CAGR of 8.3% during the forecast period of 2023-2030.
"Rise in demand for organic food fuels the market growth”
The North American yeast market is experiencing significant growth due to a rise in demand for organic food products, particularly in the bakery industry. Consumers in the region are increasingly drawn to organic foods due to their perceived health benefits and environmental considerations. A prominent yeast user, the bakery industry plays a pivotal role in this growth, offering a diverse range of organic products such as various bread types and buns that cater to evolving consumer preferences.
What restraints the growth of North America yeast market?
“Strict regulations associated with yeast market"
Strict governmental regulations impose a substantial compliance burden on yeast and yeast derivative product manufacturers, increasing operational costs and complexity. These regulations dictate specific quality, safety, and production standards that companies must meet, limiting product diversity and creating market entry barriers. These regulatory constraints and higher costs inhibit the yeast market, impacting both industry players and consumer choices.
Segmentation: North America Yeast Market
The North America yeast market is segmented on the basis type, form, strains, and derivatives.
- On the basis of type, the North America yeast market is segmented into baker’s yeast, brewer’s yeast, wine yeast, bioethanol yeast, feed yeast, and others.
- On the basis of form, the North America yeast market is segmented into fresh yeast, active dry yeast, instant yeast, and others
- On the basis of strains, the North America yeast market is segmented into saccharomyces cerevisiae, saccharomyces carlsbergiensis, kluyveromyces lactis, and others
- On the basis of derivatives, the North America yeast market is segmented into cell walls/mos, high purified betaglucans, and yeast culture
Regional Insights: U.S. dominates the North America Yeast Market
In the North America region, U.S. dominates the North America yeast market with its technological advancements and a significant increase in yeast product consumption, reflecting the evolving preferences of its population. Meanwhile, Canada is emerging as a noteworthy player in this market, fueled by its dynamic and innovative industries. The country is experiencing promising growth due to its forward-thinking approach and a shift in lifestyles that has led to an increased consumption of yeast-based products. Together, the U.S. and Canada play pivotal roles in shaping the landscape of the yeast industry, with the U.S. at the forefront of technology and consumption while Canada showcases impressive growth driven by innovation and changing consumer habits.
To know more about the study visit https://www.databridgemarketresearch.com/de/reports/north-america-yeast-market
Recent Development in North America Yeast Market
- In 2019, Lallemand Baking introduced LalFerm, a fresh baker's yeast brand tailored to offer customized yeast solutions for various baking applications, including lean dough, sweet dough, rich dough, frozen dough, flexible proofing, and Vitamin D enrichment, among others, in the North American market
The Prominent Key Players Operating in the North America Yeast Market Include:
- Dun & Bradstreet, Inc. (U.S.)
- Conagra Brands, Inc. (U.S.)
- London Dairy Co. Ltd (U.K.)
- Danone S.A. (France)
- ADM (U.S.)
- Daiya Foods Inc. (Canada)
- Grupo Bimbo S.A.B.de C.V.(Mexico)
- Associated British Foods PLC (U.K.)
- General Mills Inc. (U.S.)
- Lantmännen Unibake (Denmark)
- Aryzta AG (Switzerland)
- Vandemoortele NV (Belgium)
- Europastry S.A. (Spain)
- Cole’s Quality Food Inc.(U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of North America yeast market companies contact, https://www.databridgemarketresearch.com/de/contact
Research Methodology: North America Yeast Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
