Global yeast market is projected to witness a CAGR of 8.38% during the forecast period to reach a total market size of US$7.037 billion by 2023, increasing from US$4.341 billion in 2017. Changing lifestyle patterns across the globe has led to the increased demand for alcoholic beverages, convenience food products which, in turn, is boosting the demand for yeast as an additive for food processing. APAC region will witness the fastest regional market growth owing to expanding urbanization, adoption of Western culture and corresponding growth of processed food and beverage industry in countries such as India and China. However, stringent food safety regulations are likely to threaten growth of yeast market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the global yeast value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are Chr. Hansen Holding A/S, Alltech, AB Vista, Lesaffre Yeast Corporation, and LALLEMAND, INC. among others.
- ·Active Dry Yeast
- ·Fresh Yeast
- ·Instant Yeast
- ·Baker’s Yeast
- ·Brewer’s Yeast
- ·Nutritional Yeast
- ·Distiller’s and Wine Yeast
- ·Animal Feed
- Saudi Arabia