Global Yeast Market 2018 Analysis By Top Companies are AB Mauri India Pvt Ltd, Minn-Dak Farmers Cooperative, Synergy Flavors, AB Vista, Lallemand, ICC, Biospringer - Lesaffre Culinary Solutions, Lesaffre, DSM, Leiber GmbH, Pacific Ethanol, Inc.
Global Yeast Market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Yeast Market By Product Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Feed Yeast, Bioethanol Yeast, Others), By Application (Food, Feed, Others), By Form (Dry Yeast, Instant Yeast, Fresh Yeast, Others), By Type (Yeast Extracts, Yeast Autolysates, r Yeast Derivatives, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)– Industry Trends and Forecast to 2025
Global Yeast Market, By Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast), Strains (Saccharomyces cerevisiae, Saccharomyces carlsbergiensis, Kluyveromyces lactis, Kluyveromyces fragilis, Cyberlindnera jadinii, Saccharomyces ludwigii, Torulaspora delbrueckii, Others), By Derivatives (Cell Walls/MOS, High Purified Betaglucanes, Yeast Culture, DDGS, Yeast Autolysates, Yeast Bound To Carriers, Yeast Hydrolysates, Others), Application (Food, Beverages, Bioethanol, Pharmaceuticals, Feed), Geography (Europe, North America, Asia-Pacific, South America, Middle East & Africa) – Industry Trends and Forecast to 2025
Prominent factors driving the growth of this market consist of growth in demand of bakery products and convenience foods, increasing alcoholic consumption, enrichment of animal feed products and rising demand for bioethanol as fuel.
Growth in demand of bakery products and convenience foods:
Bread and pastry shop items standout amongst the most mainstream food. With the increasing worldwide population and the gradual rise in income, demand for bakery products is rising gradually. With increasing awareness towards health low-sugar, gluten-free bread and bakery products are highly preferred. The companies involved in the bakery and convenience foods manufacture fresh and frozen bread as well as cakes, pies, and doughnuts. Most commonly used yeast in baking bread is Baker’s yeast. It is used as a leaving agent, which converts the fermentable sugars present in the dough into ethanol. As the consumption and demand of bakery products are increasing, the market for yeast is simultaneously growing.
Increasing health awareness among population and U.K. government sensitization towards the yeast containing food products has increased the demand of bakery products.
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Increasing alcoholic consumption:
Alcoholic beverages include wines, beers, and spirits. In developed countries, the consumption of alcohol is high, because of high economies and increased modernization. As reported in an article published by National Institute on Alcohol Abuse and Alcoholism in U.S., around 86.4% of people, aged 18 consumed alcohol at some point in their lifetime, 70.1% reported drank in the 2014 while 56.0% reported drinking in the last month in 2015.
According to an article published by National Survey on Drug Use and Health (NSUDH), approximately 1.3 million people (about 3.3%) aged between 12–20 (3.6% of males and 3.0% of females) drink heavy alcohol.
As per news published in the telegraph, the most beer drinkers in the Europe regions are in Czech Republic, Seychelles, Austria, Germany, Namibia, Poland, Ireland and Lithuania. While wine drinkers are in Andorra, Vatican City, Croatia, Portugal, France, Slovenia, Macedonia, Falkland Islands, Switzerland, and Italy.
Enrichment of animal feed products:
Yeast is single celled fungus, which is used in various applications such as alcoholic beverages, including beer and spirits, baking process. Yeasts strains are also used as feed additive for the benefit of animal health. It helps in production of vitamins which stimulate ruminal micro-organisms. Additive feed consists of yeast for various applications like stabilizes pH, improve fibre digestion, lowers the lactacte concentrations, lower the methane emission, increasing the cellulolytic bacteria, decreased ammonia concentrations.
The stable pH helps in maintaining micro-flora in the rumen of the livestock’s. Some of the yeast strains used in animal feed stocks is Saccharomyces cerevisiae, Kluyveromyces marxianus, Candida utilis and Torulopsis. The feed produced from yeast reduces the risk of rumen acidosis and improve animal performance.
By maintaining the gut microbiota the health of livestock’s is maintained. It reduces the dependence on traditional therapies without affecting the production efficiency. Due to high nutritional value and healthy benefits of yeast animal feed, the demand of yeast animal feed is increasing.
Some of the prominent participants operating in this market are Chr. Hansen Holding A/S, AngelYeast Co., Ltd, Kerry Group, Alltech, SUBONEYO Chemicals Pharmaceuticals P Limited, Biorigin – Art in Natural Ingredients, Pakmaya, AB Mauri, Minn-Dak Yeast Company, Synergy Flavors, AB Vista, LALLEMAND Inc., ICC, Biospringer, Lesaffre, DSM N.V., Leiber GmbH, Pacific Ethanol, Inc. among others.
Growth of the bakery industry
Increase in demand for convenience food products
Positive growth trend in alcoholic beverages consumption
Growth in demand for bioethanol as a fuel
Rising demand for specialty yeast products rising demand for environment-friendly products
Growing innovation in the Yeast industry
Stringent food safety regulations
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