According to a new market report by Lucintel, the future of the yeast market looks promising with opportunities in the bakery products, alcoholic beverage, and feed market. The yeast market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are 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, and increase in demand for specialty yeast products.
Yeast is used in the process of fermentation for its abilities in aiding carbon - release, imparting better aroma, taste, texture, and flavor to food and beverage. In this market, baker’s yeast, brewer’s yeast, wine yeast, feed yeast, and bioethanol yeast are the major product types. Baker's yeast is the largest segment.
Within the yeast market, dry, instant, and fresh are the major form of yeast.
Europe is the largest market over the forecast period due to increasing consumption of processed food products, increasing alcohol consumption, and increasing awareness about the nutritive value of yeast.
Associated British Foods, Angel Yeast, Lallemand, Leiber, Lesaffre, Alltech, Chr. Hansen Holdings, Koninklijke DSM, Oriental Yeast, and Synergy Flavors are among the major manufacturers in the yeast market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the yeast market by product, application, form, and region. Lucintel has prepared a comprehensive research report titled "Yeast Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the yeast market by product, application, form, and region as follows:
By Product Type [$M shipment analysis for 2013 – 2024]:
• Baker’s Yeast
• Brewer’s Yeast
• Wine Yeast
• Feed Yeast
• Bioethanol Yeast
• Others
By Application [$M shipment analysis for 2013 – 2024]:
• Food
• Feed
• Others
By Form [$M shipment analysis for 2013 – 2024]:
• Dry Yeast
• Instant Yeast
• Fresh Yeast
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
• Asia-Pacific
o China
o Japan
o India
• Rest of the World
o Brazil
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/yeast-market.aspx or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the yeast market by product type (baker’s yeast, brewer’s yeast, wine yeast, feed yeast, bioethanol yeast, and others), application (food, feed, and others), form (dry yeast, instant yeast, fresh yeast, and others), and region (North America, Europe, Asia-Pacific, and Rest of the World)
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting the market dynamics? What are the drivers and challenges of the yeast market?
Q.5 What are the business risks and threats to the yeast market?
Q.6 What are the emerging trends in this yeast market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the yeast market?
Q.8 What are the new developments in the yeast market? Which companies are leading these developments?
Q.9 Who are the major players in this yeast market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this yeast area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this yeast market?