Yeast Market worth $3.6 Billion by 2018

Monday 24 February 2014, Amsterdam

$ The report “Yeast Market by Type [(Baker’s, Brewer’s, Wine, Feed, Bio-ethanol), Form (Dry, Instant, Fresh), Application (Food, Feed)] & Specialty Yeast Products Market by Type (Yeast Extract, Autolysate, ß-glucan, Other Derivatives) & Geography – Global Trend & Forecast to 2018” defines and segments the yeast market with an analysis and forecast of value and volume for yeast and specialty yeast products. It also identifies driving and restraining factors for yeast market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges.

Yeast is widely used in the manufacture of various food and beverage products such as bakery, wine, beer, etc. The yeast market is experiencing a positive growth since decades due to its increased application in food, feed, and other industrial sectors. The specialty yeast products market is comparatively small and is projected to grow with a high rate due to their increasing applications in the food and beverage industry.

The yeast market is segmented on the basis of types, applications, forms, and geography. The yeast market by types includes baker’s, brewer’s, feed, bio-ethanol, and wine yeasts. Baker’s yeast is a widely produced and consumed yeast type. Bio-ethanol yeast market is projected to grow at a high rate due to the increasing use of bio-ethanol as fuel.

The specialty yeast products market is segmented into types and geography. The specialty yeast products by types include yeast extracts, yeast autolyzed, beta-glucan yeast, other yeast derivatives, and others. Yeast extracts dominate the market due to their application in the food products as a flavor enhancer.

The yeast market is projected to be around $3.6 billion by 2018. In 2012, Europe was the largest market for yeast. Baker’s yeast dominated the yeast market globally. The market is projected to grow with continued expansions and developments made by the yeast manufacturers and the changing trends in the application of yeast. The leading players in the yeast market include Associated British Food Plc. (U.K.), Lallemand Inc. (U.S.), Lesaffre Group (France), etc. The leading companies prefer new product launches and expansion strategies to strengthen their position in the market.

The specialty yeast products market is comparatively small but is projected to grow due to their increasing application in baking, brewing, and non-baking such as flavoring, animal nutrition, etc. The specialty yeast products market is projected to be around $2.1 billion by 2018. Europe dominates this market; while Asia-Pacific is projected to be the fastest growing market with a CAGR of 8.4% during the forecast period. The key players such as Lallemand (Canada), Lesaffre (France), and others have their own specialty yeast products division.