The global yeast ingredient market is projected to grow at a CAGR of 7%-9% during 2020-2025. The growth of yeast ingredient market is driven by rising effect of busy lifestyles in developing countries that has resulted in the increased demand for processed food & beverages and use of yeast ingredients for making in-situ flavors, savory aroma, and enhance the taste, which results in increased palatability.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the yeast ingredient market by type (yeast extract, autolyzed yeast, yeast cell wall, and yeast-based flavor), application (food, feed & pet food, and pharmaceuticals), source (baker’s yeast and brewer’s yeast), 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 What are the business risks and threats to the yeast ingredient market?
Q.4 What are some changing demands of customers in the yeast ingredient market?
Q.5 What are the new developments in the yeast ingredient market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this yeast ingredient area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this yeast ingredient market?
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Market Segmentation:
Based on type, the yeast ingredient market is segmented into yeast extract, autolyzed yeast, yeast cell wall, and yeast-based flavor. The yeast extract segment is accounted for the largest share of the market in 2020 as there is an increase in consumer preference for savory food products and flavors.
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period due to growing population, rising income, increasing urbanization, and growing demand for processed food products in the developing countries, such as India, and China.
Key Players in the yeast ingredient market are Associated British Foods, Kerry Group, Koninklijke DSM, Sensient Technologies, Angel Yeast, Lesaffre, LALLEMAND, Leiber, Synergy Flavors, and BELDEM.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
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Brandon Fitzgerald
Lucintel
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