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Strong Growth Ahead: Specialty Yeast Market Size To Grow At Arecord 7.4% Cagr By 2029
The Specialty Yeast Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Specialty Yeast Market?
There has been robust growth in the specialty yeast market size in the past few years. It's projected to escalate from $2.9 billion in 2024 to $3.11 billion in 2025, representing a compound annual growth rate (CAGR) of 7.2%. The notable growth in the previous period can be associated with the expansion in the food and beverage sector, the amplification of bioethanol production, the progress in the animal nutrition industry, the rising demand for gluten-free products, and the globalization of food supply chains.
Significant expansion is predicted in the specialty yeast market in the upcoming years, with its value rising to $4.14 billion by 2029, propelled by a compound annual growth rate (CAGR) of 7.4%. This growth during the forecast period can be linked to the increasing popularity of plant-based proteins, emphasis on sustainable practices, the rise of alternative proteins, the growth of craft brewing, the focus on prebiotics and gut health, as well as an increasingly health-aware consumer base. Key trends anticipated for the forecast period include the demand for clean labels and natural ingredients, the development in yeast biotechnology, the provision of tailored yeast solutions for the food industry, investigation into yeast-based nutraceuticals, and technological progress.
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What Are the Emerging Segments Within the Specialty Yeast Market?
The specialty yeast market covered in this report is segmented -
1) By Type: Yeast Extract, Yeast Autolysate, Yeast Beta-Glucan, Other Type
2) By Species: Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces, Other Species
3) By Application: Food, Beverages, Feed, Other Application
Subsegments:
1) By Yeast Extract: Autolyzed Yeast Extract, Yeast Extract Powder, Liquid Yeast Extract
2) By Yeast Autolysate: Dry Yeast Autolysate, Liquid Yeast Autolysate
3) By Yeast Beta-Glucan: High Purity Beta-Glucan, Low Purity Beta-Glucan
4) By Other Types: Nutritional Yeast, Baker's Yeast, Brewer's Yeast
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What Long-Term Drivers Are Shaping Specialty Yeast Market Trends?
The growth of the specialty yeast market is predicted to be fueled by the escalating intake of alcoholic drinks. Specialty yeast, known to enhance flavor and fermentations in food and beverage items including alcoholic beverages, is used to sustain optimal temperature, viscosity, and pressure during the manufacturing process of such beverages. As a result, the increase in alcoholic beverage consumption spurs the demand for specialty yeast. For instance, in 2022, the UK's National Health Service (NHS) reported that 81% of adults claimed to have drunk alcohol in the past year, with 84% of men compared to 78% of women. It further noted that weekly alcohol consumption was reported by 55% of men and 42% of women. In particular, 30% of people aged 55 to 74 stated they consumed at least 14 units of alcohol weekly. Thus, the specialty yeast market's growth is being propelled by the heightened alcoholic beverage consumption.
Who Are the Top Competitors in Key Specialty Yeast Market Segments?
Major companies operating in the specialty yeast market include Associated British Foods plc, Archer-Daniels-Midland Company, Lallemand Inc., Chr. Hansen Holding A/S, Kerry Group plc, Angel Yeast Co. Ltd., Biorigin SAS, Leiber GmbH, Synergy Flavors LLC, Aria Ingredients Inc., Agrano GmbH & Co. KG, AEB Group S.r.l., Jeevan Biotech Pvt. Ltd., Titan Biotech Ltd., Koninklijke DSM N.V., Levex Chemicals Inc., Lesaffre Group, Alltech Inc., Kemin Industries Inc., Beldem B.V., DSM Food Specialties B.V., Anchor Yeast Co. Ltd., Bacchus Yeast Co. Ltd., Bakers Yeast Co. Ltd., Best Flavors Inc., Cargill Incorporated, Ceres Inc., ConAgra Brands Inc., Corbion plc, CSM Bakery Solutions, Dairytech Inc.
What Specialty Yeast Market Trends Are Gaining Traction Across Different Segments?
The prevalent trend in the specialty yeast market is the introduction of innovative products. Leading companies in this particular market are focusing on the development of groundbreaking specialty yeast. To illustrate, Ohly, a manufacturing company based in Germany, unveiled a yeast-infused chicken flavor booster known as OHLY SAV-R-MEAT PBD in January 2022. This product, inspired by conventional cooking techniques, provides a profound umami hit along with a succulent and intensely flavored chicken taste. It is primarily developed for use in low-sodium meat recipes. Ohly produces a wide array of yeast-engendered components, encompassing pea and bean derivatives, yeast extracts, and enzymes aimed at enhancing the flavor and functionality of proteins.
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Which Regions Are Becoming Hubs for Specialty Yeast Market Innovation?
Asia-Pacific was the largest region in the specialty yeast market in 2024. The regions covered in the specialty yeast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Specialty Yeast Market?
2. What is the CAGR expected in the Specialty Yeast Market?
3. What Are the Key Innovations Transforming the Specialty Yeast Industry?
4. Which Region Is Leading the Specialty Yeast Market?
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