(Entertainment-NewsWire.com, October 17, 2017 ) According to the report North America Yeast Ingredients Market, published by Market Data Forecast, the Market was worth USD 425 million in 2016 and estimated to be growing at a CAGR of 7.21%, to reach USD 601.96 million by 2021. North America is the second largest market after Europe for yeast ingredients market.
Yeast ingredients are rich mixtures of natural components with momentous taste and a persuading nutritional profile. These ingredients have productive applicability in pharmaceutical, cosmetics industries, personal care, food and feed. Yeast ingredients have distinctive characteristics to decrease salt and fat substances in processed food products.
Yeast Ingredients Market is measured to be one of the firmest growing market owing to the increasing trend towards decreasing MSG, salt, and fat content in the food products. The Yeast Ingredients Market is driven by the growing demands for natural flavors in food products because of health problems associated with the use of artificial variants. Keeping in view these welfares, food producers are coming up with novel products containing natural yeast ingredients to meet the demands of its health aware consumers and match the food safety standards of several regulating authorities. Culturing and taking care of yeast is difficult which is acting as constrain for this market.
North America market for Yeast Ingredients is segmented by Type into Yeast Extracts, Autolyzed yeast, Yeast Cell wall and Yeast based-flavors. By Source, yeast ingredients are classified as Baker's Yeast and Brewer's Yeast. Also on the basis of Application Yeast ingredients market is categorized as Food, Feed and Pet Food, Pharmaceuticals and Others. Geographically the market is segmented into USA and Canada. USA is the largest consumer of processed food products containing yeast as an ingredient.
Some of the key companies functioning in the yeast ingredients 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.
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