Global Yeast Market, 2015 – 2021
Global yeast market will grow USD 4.86 billion by 2021, growing at a CAGR of 8.6
Global yeast market will grow USD 4.86 billion by 2021, growing at a CAGR of 8.6
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Published By: Zion <strong>Market</strong> Research<br />
<strong>Global</strong> <strong>Yeast</strong> <strong>Market</strong> Is Expected To Reach Above<br />
USD4.86 Billion By <strong>2021</strong><br />
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<strong>Yeast</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research has published a new report titled “<strong>Yeast</strong> <strong>Market</strong> by Form (Instant,<br />
Fresh and Dry <strong>Yeast</strong>), by Type (Brewers, Bakers, Bio-ethanol, Wine, Feed and Other<br />
type), by Specialty <strong>Yeast</strong> (<strong>Yeast</strong> Autolysis, <strong>Yeast</strong> Extract and ß-glucan) for Food and<br />
feed: <strong>Global</strong> Industry Perspective, Comprehensive Analysis and Forecast, <strong>2015</strong> <strong>–</strong><br />
<strong>2021</strong>”. According to the report, global yeast market was valued at over USD 2.96 billion in<br />
<strong>2015</strong>, is expected to reach above USD 4.86 billion in <strong>2021</strong> and is anticipated to grow at a CAGR<br />
of above 8.6 % between 2016 and <strong>2021</strong>.<br />
<strong>Yeast</strong> is the single-celled eukaryotic organisms classified into fungus kingdom. <strong>Yeast</strong> is aerobic,<br />
anaerobic or facultative in nature and can grow in acidic conditions. It is present in all living cells<br />
including small intestine. Edible yeast is nontoxic and has properties like rising which help in<br />
fermenting and resulting in great taste. Some of the major applications of yeast are baking,<br />
brewing, fermentation, bioremediation, industrial fuels and nutritional supplements.<br />
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<strong>Yeast</strong> <strong>Market</strong><br />
Increasing demand for yeast from the bakery due to high consumption of bakery products drives<br />
the yeast market. Other factors contributing to the growth of yeast market are surging use of<br />
specialty yeast in the processed and packed food. Also, high demand of bio-ethanol as fuel<br />
stimulates the growth of the market. Growing demand for alcoholic beverages has led to the<br />
high production of wine and other beverages, in turn, increase the demand for yeast. Though,<br />
yeast-based products have a low shelf life and allergies caused due to consumption of some<br />
yeast species may hinder the growth of the market. Specialty yeast contains MSG; therefore<br />
stringent regulations are led by the government on its use. Nevertheless, untapped<br />
opportunities for the use of yeast in various industries are likely to open new avenues for the<br />
yeast market in the coming years.<br />
Based on yeast from the yeast market can be segmented as instant yeast, fresh yeast, and dry<br />
yeast. Fresh yeast is considered to be the potential segment owing to the high use of fresh<br />
yeast in bakery product mainly in bread and puffs due to great taste and high rising properties.<br />
Further, the yeast can be segmented on the basis of the type that are brewers, bakers, bioethanol,<br />
wine, feed and other types. Bakers and brewers are the leading segments due to high<br />
use of yeast in this industrial sector. Yet, wine and feed are likely to show high growth prospects<br />
in the coming years.<br />
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<strong>Yeast</strong> <strong>Market</strong><br />
Specialty yeast is product originating from natural food yeast, which is used for nutrition, health,<br />
and taste. Some of the key specialty yeast are yeast autolysis, yeast extract, and ß-glucan.<br />
<strong>Yeast</strong> is majorly used in food and feed industry. Food segment is the most prominent market<br />
segment due to high use of yeast in food industry such as bakery, wine, and breweries.<br />
The yeast market was dominated by North America in <strong>2015</strong>. This was mainly contributed to high<br />
consumption of bakery products along with the majority of shares in wine and brewery industry.<br />
However, North America and Europe are anticipated to experience sluggish growth in forecast<br />
period due to saturation of yeast market. Asia Pacific is expected to be the fastest growing<br />
market owing to rising discretional income and changing preference over the conventional foods<br />
towards fast and processed foods. The yeast market in Asia-Pacific is projected to maintain its<br />
market in the coming years due to growing bakery and wine industry.<br />
There has been tremendous growth of wine industry in Brazil; this is likely to augment yeast<br />
market growth in Latin America. The Middle East and Africa is expected to show sustainable<br />
growth in the next years owing to rising living standards along with increasing disposable<br />
incomes and presence of abundant raw resources.<br />
The presence of various vendors in the market forces the companies to focus on R&D for<br />
innovative and cost-effective products. Angel<strong>Yeast</strong> Co., Ltd, Koninklijke DSM N.V., Synergy<br />
Flavors, Leiber GmbH, Chr. Hansen Holding A/S, Associated British Foods plc, Lallemand Inc.,<br />
Oriental <strong>Yeast</strong> Co., Ltd., Alltech and Lesaffre Group among others are some of the major players<br />
in the yeast market.<br />
Browse detail report with in-depth TOC @<br />
https://www.zionmarketresearch.com/report/yeast-market
<strong>Yeast</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT +49-322 210 92714<br />
Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.com Web: www.zionmarketresearch.com