Global Yeast Based Ingredients Market, By Type (Yeast Extracts, Autolyzed Yeast, Yeast Cell Wall, Yeast-Based Flavours), Application (Food, Feed & Pet Food, Pharmaceuticals, Others), Source (Baker’s Yeast, Brewer’s Yeast), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Yeast Based Ingredients Market
Yeast based ingredients market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 5.33 billion by 2028 and grow at a CAGR of 6.20% in the above-mentioned forecast period. Rise in the demand for yeast ingredients from the food & beverage industries acts as an essential factor driving the yeast based ingredients market.
Yeast is defined as a living, single-cell organism and is found in soil, on plant surfaces, and also abundantly in sugary mediums such as fruits and flower nectar. Yeast helps in converting food into alcohol and carbon dioxide through the process called fermentation and this makes yeast crucial in making of wine and beer, as well as in the process of baking. Baker's yeast is a type of yeast which is commonly used as a leavening agent in baking bread and bakery products.
Rise in the awareness among individual’s related to health benefits and nutritional value of yeast in foods is a vital factor escalating the market growth, also rise in the use of yeast ingredients as nutritional supplements, in pharmaceuticals, rise in the consumer interest in organic food products manufactured by using natural food additives and increase in the usage of yeast ingredients in dairy industry, cosmetics, and animal feeds are the major factors among others driving the yeast based ingredients market. Moreover, rise in the research and development activities and increase in the new variants of yeast ingredients for improved functionality will further create new opportunities for the yeast based ingredients market in the forecast period of 2021- 2028.
However, robust competition among market players and lack of availability of raw materials acts as the major factors among others acting as restraints, and will further challenge the yeast based ingredients market in the forecast period.
Yeast based ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on yeast based ingredients market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Yeast Based Ingredients Market Scope and Market Size
Yeast based ingredients market is segmented on the basis of type, application and source. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of type, yeast based ingredients market is segmented into yeast extracts, autolyzed yeast, yeast cell wall and yeast-based flavours.
- Based on application, yeast based ingredients market is segmented into food, feed & pet food, pharmaceuticals and others.
- The yeast based ingredients market is also segmented on the basis of source into baker’s yeast and brewer’s yeast.
Yeast Based Ingredients Market Country Level Analysis
Yeast based ingredients market is analysed and market size insights and trends are provided by country, type, application and source as referenced above.
The countries covered in yeast based ingredients market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
Europe dominates the yeast based ingredients market due to rise in the use of yeast ingredients as nutritional supplements, in pharmaceuticals, increase in the consumption of functional foods coupled with growing dairy industry in this region. Asia-Pacific and North America are the expected regions in terms of growth in yeast based ingredients market due to rise in the awareness related to consumption of healthy and nutritional food, and increase in the disposable income in developing economies such as China and India in this region.
The country section of the yeast based ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Yeast Based Ingredients Market Share Analysis
Yeast based ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to yeast based ingredients market.
The major players covered in the yeast based ingredients market report are Cargill Incorporated, AngelYeast Co., Ltd., Kerry Inc, SUBONEYO Chemicals Pharmaceuticals P Limited., Novozymes, Associated British Foods plc, DSM, Chr. Hansen Holding A/S, Biorigin, Synergy Flavors, LALLEMAND Inc., Oriental Yeast Co., Ltd., Leiber GmbH, LEVAPAN PANAMÁ, SA, Sensient Technologies Corporation, Pacific Fermentation Industries, Halcyon Proteins Pty. Ltd., Foodchem International, Lesaffre, ICC and ZeusIba among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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