Global Yeast Market, 2015 – 2021

Yeast Market
Specialty yeast is product originating from natural food yeast, which is used for nutrition, health,
and taste. Some of the key specialty yeast are yeast autolysis, yeast extract, and ß-glucan.
Yeast is majorly used in food and feed industry. Food segment is the most prominent market
segment due to high use of yeast in food industry such as bakery, wine, and breweries.
The yeast market was dominated by North America in 2015. This was mainly contributed to high
consumption of bakery products along with the majority of shares in wine and brewery industry.
However, North America and Europe are anticipated to experience sluggish growth in forecast
period due to saturation of yeast market. Asia Pacific is expected to be the fastest growing
market owing to rising discretional income and changing preference over the conventional foods
towards fast and processed foods. The yeast market in Asia-Pacific is projected to maintain its
market in the coming years due to growing bakery and wine industry.
There has been tremendous growth of wine industry in Brazil; this is likely to augment yeast
market growth in Latin America. The Middle East and Africa is expected to show sustainable
growth in the next years owing to rising living standards along with increasing disposable
incomes and presence of abundant raw resources.
The presence of various vendors in the market forces the companies to focus on R&D for
innovative and cost-effective products. AngelYeast Co., Ltd, Koninklijke DSM N.V., Synergy
Flavors, Leiber GmbH, Chr. Hansen Holding A/S, Associated British Foods plc, Lallemand Inc.,
Oriental Yeast Co., Ltd., Alltech and Lesaffre Group among others are some of the major players
in the yeast market.
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