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Yeast Ingredients Market: Information by Type (Yeast Extracts, Autolysates Yeast), End-User (Food and Beverages, Animal Feed), and Region — Forecast till 2029

09-24-2021 07:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: StraitsResearch

Yeast Ingredients Market

Yeast Ingredients Market

Yeast ingredients are food additives derived from the yeast. The growth of the yeast ingredients market is primarily driven by the changing consumer eating habits inclining them towards healthy, less-processed, and lower-sugar foods. Moreover, the increasing popularity of using yeast-based products in animal feeds is further anticipated to have a positive impact on market growth.

Additionally, the emerging trend pertaining to the use of these ingredients for the generation of sustainable pharmaceutical proteins and enzymes has led to an increase in the research and development of these ingredients. This scenario of increasing investment in the research & development of yeast ingredients is further likely to add to the growth of the global yeast ingredients market during the assessment period.

Market Segmentation

Yeast Extracts: A Natural Ingredient Ensuring Safety

Yeast extracts are derived from fresh yeast without adding any food additives or chemical substances. Thus, making it a natural component rich in proteins, amino acids, carbohydrates, vitamins, and minerals. Yeast extracts are used in sauces, meat dishes, bouillons, ready-made dishes, and savory snacks. Additionally, being a natural ingredient, these extracts assure product and consumer safety. Since only a small quantity of these yeast extracts enable the manufacturers to deliver the required taste, these ingredients have become popular among the manufacturers.

Yeast Autolysates Play an Important Role in Flavoring

Yeast autolysates are just like yeast extracts obtained from the self-digestion of food-grade yeast. However, the production process of yeast autolysates is comparatively shorter than yeast extracts. And unlike the yeast extracts, the cell walls in autolysates yeast are not removed. Thus, making them partially soluble in water and resulting in shorter peptides for taste improvement and enhancement of texture and viscosity. Yeast autolysates are used to add flavor in the snacks, cocktail biscuits, savory mixes, among others. Yeast autolysates are usually available as a spray-dried or roller-dried powder. The increasing demand for flavoring ingredients, owing to the evolving consumer needs and faster production process of yeast autolysates, are likely to be the critical factor adding to the growth of the segment.

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Manufacturers Reforming their Modus Operandi in Light of the Changing Trends

In the food & beverage industry, yeast ingredients are predominantly used across bakery and brewery applications. In bakeries, yeast ingredients are added to the products to improve and enhance their taste. Also, these ingredients add additional nutritional value to the food due to which the consumption of these ingredients is rising.

Lighter and healthier food products have been a popular trend in the food industry. This has prompted the manufacturers in the food industry to alter their manufacturing patterns and include ingredients derived from the natural sources in their products. Thus, leading to an increase in the demand for yeast ingredients. Yeast ingredients, on the other hand, play an important role in brewery manufacturing as they can be utilized for the fermentation of beer. Additionally, yeast ingredients such as yeast extracts are used as a nutritional supplement to provide nutrients such as vitamins, magnesium, chromium, zinc, selenium, iron, and other proteins.

Increasing Popularity of Beer Drives the Market Growth

The shift in consumer preferences towards low-alcohol content beverages has driven the beer market in the last few years. As the consumption of beer is increasing, the demand for yeast ingredients for the production of these beers is also on the rise. In addition, the increasing demand for beer among the young demographics and the rising number of female drinkers are further likely to have a positive influence on the growth of the market in the upcoming years.

Extensive Application of Yeats in the Pharmaceutical Industry

The pharmaceutical industry significantly contributes to the yeast ingredients market as these yeast are used in the production of pharmaceutical proteins and enzymes. Moreover, these ingredients are also used in treating digestion problems, owing to which they are used extensively in the manufacturing of medicines that prevent diseases like diarrhea. Additionally, ingredients such as yeast extracts are used in the treatment of wastewater containing a high amount of fats and oils.

Sustainable manufacturing is the new trend triggered by the changing climatic conditions and rising temperatures across the globe. This megatrend running across every sector has led to the growth of the organic market on account of which the manufacturers are now more inclined and focused on adopting greener methods for manufacturing products.

Regional Overview

Europe’s Well-Established Food and Beverages and Pharmaceutical Industry

Europe is anticipated to drive the global yeast ingredients market during the forecast period. This growth of the region is attributed to the well-established food and beverages and pharmaceutical industry in the region. The increase in the consumption of alcoholic beverages, especially beer and an increase in the demand for on the go food, owing to the busy working lifestyles are anticipated to drive the market. According to The Brewers of Europe Association, Europe is one of the prominent exporters of beer in the world, exporting around 77 million hectoliters of beer produced in the region. This demand for beer from the region leads to the significant consumption of yeast and yeast ingredients in the region. Additionally, the increase in the consumption of bakery goods due to their high nutritional profile, convenience, and easy accessibility, is foreseen to fuel the growth of the yeast ingredients market in the upcoming years.

Recent Developments

In 2020, Lallemand Inc, producer of yeast-based ingredients, cemented its position in the North American market by opening a new North American yeast extract facility in Cornwall, Ontario.
In 2019, Leiber GmbH announced a new international partnership with four new distributors to strengthen its food business unit and boost its sales activities in the global market.
In 2019, Lallemand Inc, entered in a strategic partnership with Ohly America to take the ownership of Ohly’s yeast production site in a long term supply agreement.
In 2018, Lallemand Inc launched a new range of yeast extract – High-Lyfe 580 A — for meat and vegetarian products, sauces, gravies, stews, snacks, and soups.
In 2016, AngelYeast Co., Ltd. launched a functional nucleic acid and protein for young animals at Beijing China International Exhibition Center. The GroPro, a feed ingredient derived from yeast, is likely to play a crucial part in the international business expansion strategy of the company in the animal nutrition segment.
In 2016, Lallemand acquired surface and ripening cultures business from DSM Food Specialties to strengthen its position in dairy and meat cultures.

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Key Players

Lesaffre Yeast Corporation
Associated British Foods plc
Koninklijke DSM N.V.
Leiber GmbH
LALLEMAND Inc.
AngelYeast Co., Ltd.
Hansen Holding A/S
Synergy Flavours
Nutreco N.V.
AB Mauri India Pvt.Ltd
Alltech
Levapan S.A.
Kemin Industries, Inc.
Sensient Colors LLC
AB Vista
Cargill, Incorporated
Oriental Yeast Co., ltd.
Yeast Ingredients Market Segmentation

By Type

Yeast extracts
Autolysates yeast
Yeast Beta-Glucan
Yeast Derivatives
Others
By End-User

Food and Beverages
Animal Feed
Pharmaceutical
Others
By Regions

North America

The U.S.
Canada
Mexico
Europe

Germany
France
The U.K.
Italy
The Rest of Europe
Asia-Pacific

China
Japan
India
South Korea
Australia
The Rest of Asia-Pacific
Central and South America and the Caribbean

Brazil
Argentina
Colombia
The Rest of Central and South America and the Caribbean
The Middle East

Saudi Arabia
The UAE
Oman
Turkey
The Rest of Middle East
Africa

Nigeria
South Africa
The Rest of Africa

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About Us :
StraitsResearch.com is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports.

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