Specialty Yeast Market by Type (Yeast Extract, Yeast Autolysate, Yeast Beta – Glucan), Application (Bakery Production, Flavoring, Biofuels), Species (Saccharomyces Cerevisiae, Kluyveromyces), and Industry – Global Forecast to 2025
Pune, India – January 15, 2020 /MarketersMedia/ —
Specialty yeast plays variety of functions in the final product, starting from soups to condiments and processed meat to seasonings. The specialty yeast provides the rich and natural taste of their own, at very low dosage, and are globally recognized as an effective solution for salt reduction or MSG substitute, which makes it an efficient and versatile ingredient. The on-going trend of health and wellness among consumers is fueling the demand for functional, organic, and nutritional products, which can be fulfilled by using specialty yeast as an ingredient. Meticulous Research® in its latest publication on Specialty Yeast Market states that global specialty yeast market is expected to grow at a CAGR of 7.0% from 2019 to reach $4.80 billion by 2025. The growth of specialty yeast market is driven by increasing consumer demand for processed foods, growing consumer inclination towards vegan diet and natural food ingredients, growing research and development, and wide range of benefits of specialty yeast in food application. However, high processing cost and stringent government regulations could restrain the growth of the global specialty yeast market to some extent
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To provide efficient analysis, Meticulous Research® has segmented this market on the basis of type (yeast extract, yeast autolysate, yeast beta-glucan, and other yeast derivatives), by application (bakery production, flavorings, beverage production, health & nutritional products, animal feed production, biofuel), by species (saccharomyces cerevisiae, kluyveromyces, saccharomyces boulardii, and others), and by industry (food industry, beverage industry, feed industry, and others). The study also evaluates industry competitors and analyzes the market at the regional and country level.
Key Topics Covered In The Report::
1.1. Market Ecosystem
1.2. Currency and Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Market insights
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In case of type, yeast extract segment is estimated to account for the largest share of the overall specialty yeast market in 2019 and will grow at the fastest CAGR during the forecast period. The large market share of this segment is mainly attributed to huge demand from food and beverages industry due to its flavor and nutritional properties and organic nature.
In case of industry, the food industry is estimated to account for the largest share of the overall specialty yeast market in 2019. However, beverage industry is expected to witness the fastest growth during the forecast period. The increasing demand for alcoholic and non-alcoholic beverages, growing number of beverage manufacturers, and growing launch of new products in beverage industry using specialty yeast as an ingredient are some of the major factors driving the growth of the specialty yeast market for beverages industry.
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Scope of Specialty Yeast Market Report:
1. Specialty Yeast Market by Type
2. Yeast Extract
3. Yeast Autolysate
4. Yeast Beta-Glucan
5. Other Yeast Derivatives
Specialty Yeast Market by Species
1. Saccharomyces Cerevisiae
3. Saccharomyces Boulardii
Specialty Yeast Market by Application
1. Bakery Production
3. Beverage Production
4. Health & Nutritional
5. Animal Feed
Specialty Yeast Market by Industry
Specialty Yeast Market by Geography
1. North America
Rest of Europe (RoE)
Rest of APAC (RoAPAC)
3. Rest of the World
Middle East and Africa
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Geographically, the global specialty yeast market is mainly segmented into North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, U.K., Spain, and RoE), Asia Pacific (China, India, Japan, and RoAPAC), and Rest of World (South America, and Middle East & Africa). Europe is expected to command the largest share of the global specialty yeast market in 2019, followed by Asia-Pacific and North America. However, Asia-Pacific is expecting to have a significant market growth during the forecast period, due to growing number of new food and beverage companies; increasing demand for convenience foods due to growing urbanization and disposable income; and growing inclination of consumers towards vegan, organic, and functional food products.
Key questions answered in Specialty Yeast Market report:
Growing food and beverage industry to drive the adoption of specialty yeast
1. How does the adoption of specialty yeast in food and beverage industry differ from the adoption in feed industry?
2. What impact does this have on the adoption of specialty yeast in comparison to other application segments?
3. Which are the high growth market segments in terms of typesand regions/countries?
The European specialty yeast market favors both larger and local manufacturers that compete in multiple segments
1. Who are the top competitors in this market and what strategies do they employ to gain shares?
2. What is driving growth and which market segments have the most potential for revenue expansion over the forecast period?
3. What are the major drivers, restrains, trends, and opportunities in the global specialty yeast market?
4. Who are the major players in various countries and what share of the market do they hold?
5. What are the geographical trends and high growth regions/ countries?
Recent new product launches, partnerships, mergers & acquisitions, and expansions taken place in the specialty yeast market
1. What companies have recently merged/acquired in various countries across the globe and how will these unions affect the 2. competitive landscape of the specialty yeast market?
3. Which companies have created partnerships and how will these partnerships promote a competitive advantage?
4. Who are the major players in the global specialty yeast market and what share of the market do they hold?
5. Who are the local emerging players in the specialty yeast market and how do they compete with the global players?
Specialty Yeast Market Key Players:
Here are the top 10 companies operating in the global specialty yeast market –
The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence on some of the key players operating in this market including Associated British Foods Plc. (U.K.), Lallemand Inc (Canada), Lesaffre (France), Archer Daniels Midland Company (U.S.), Koninklijke DSM N.V. (Netherlands), Angelyeast Co., Ltd (China), Chr. Hansen Holding A/S (Denmark), Kerry Inc. (Ireland), Biorigin (Brazil), Kemin Industries (U.S.), Leiber GmbH (Germany), and Alltech.Inc (U.S.), among others.
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