According to the report Global Yeast Ingredient market published by Market Data Forecast, the global market is projected to reach USD 2474.81 million by 2021, at a CAGR of 7.8% from 2016 to 2021.
Yeasts are biologically known as chemo organotrophs because they use organic compounds to source energy and do not need sunlight for growing or survival. Yeasts are mainly unicellular though some species may be multi cellular also. They are natural ingredients and are used as one of the main food ingredients in the food processing factories.
Increasing demand for conservative and treated food is driving the global yeast ingredients market. Yeast ingredients have extended popularity in the pharmaceutical industry because of their wide application as dietary fiber, thickening agent and fat substitute. Therefore, growing share in the pharmaceutical industry is predicted to improve global demand for yeast ingredient products
Rising demand for yeasts in the food industry is estimated to surge demand for yeast ingredients in the global market. The key restraint is the lack of basic raw material with demand from different sectors due to the molasses dealing limitations.
For granular level understanding the Yeast Ingredient Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
Based on Type: Yeast Extracts Autolyzed yeast Yeast Cell wall Yeast based-flavors
Based on Source: Baker's Yeast Brewe's Yeast
Based on Application: Food Feed and Pet Food Pharmaceuticals Others (cosmetics etc.)
Based on geography, the report contains a wide array of countries covering all around the globe. China is the leading producer and consumer of yeast ingredient produces due to the greater domestic consumption of conventional food. China, Japan, India, Brazil and Argentina are identified as the predominant markets for Yeast Ingredient. For more of regional analysis check out the following reports.
North America Yeast Ingredient Market Europe Yeast Ingredient Market Asia-Pacific Yeast Ingredient Market Latin America Yeast Ingredient Market Middle East and Africa Yeast Ingredient Market
The major companies operating in the global Yeast Ingredient Market are Associated British Food Plc, Kerry Group Plc, Koninklijke DSM N.V., Sensient Technologies Corporation, Angel Yeast Co., Ltd., Lesaffre, Lallemand Inc., Leiber GmbH, Synergy Flavors and Beldem S.A.
The OTC Drugs Market study offers the following deliverables: • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming • Segment-level analysis on basis of type, source and application along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics • Study of macro and micro environmental factors that affect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses • A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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