Global Yeast Flakes Market is valued at approximately USD 665.73 million in 2021 and is anticipated to grow with a healthy growth rate of more than 9.1% over the forecast period 2022-2028. Yeast is a single-cell organism which is also known as Saccharomyces cerevisiae. It needs food, warmth, and moisture to flourish. It converts its food through a process called fermentation into carbon dioxide (CO2) and alcohol. Yeast flakes are gaining a lot of attraction around the globe because of their plant-based source of protein. In recent few years, there is a substantial increase in the demand for such products as people are getting aware of the health benefits associated with functional food. For example, the fiber present in yeast, beta-glucan can reduce the cholesterol level as it is a low-glycemic food that contains chromium (a mineral that helps in regulating blood sugar). Also, by maintaining blood sugar, the risk for heart diseases and diabetes reduces. There is also a benefit of consuming yeast flakes which directly affects the environment. According to an Oxford University study in 2018, the single biggest way to reduce the environmental impact is to avoid animal products and switch to more yeast flakes products (Veganuary). The demand for yeast flakes is growing due to the nutrition’s that is present in them. 2 tablespoons of yeast flakes consist of 40 calories compared to 56 calories present in cheddar cheese. Yeast Flakes are most beneficial for people who are lactose intolerant, and according to the Food intolerance network, around 50% of the South American population is lactose intolerant which is a major driver for this market. However, allergic reactions caused due to Yeast Flakes limit the growth of the market between the forecast period of 2022-2028.
The key regions considered for the Global Yeast Flakes Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of region in 2021, owing to the attribute on ongoing trend of shifting toward vegetarian and vegan food products. Also, there is an inclination toward yeast flakes because it is chemical free and without any additives. The Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising target populations, an increase in the number of collaborations for expansion of key players, and an increasing lactose intolerance people population thus shifting towards Yeast flakes products.
Major market players included in this report are:
Bragg Live Foods, Inc.
Pacific Ethanol, Inc.
Lesaffre Yeast Corporation
Bob’s Red Mill Natural Foods
Archer Daniels Midland Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Food & Beverages
Rest of Europe
United Arab Emirates
South – America
Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Yeast Flakes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers