Global High Sugar Resistant Yeast Market - 2023-2030

Market Overview

The Global High Sugar Resistant Yeast Market reached US$ 820.1 million in 2022 and is expected to reach US$ 1,506.7 million by 2030 and is expected to grow with a CAGR of 7.9% during the forecast period 2023-2030.

Increasing popularity of bakery products and ready-to-eat snacks, in which high sugar resistant yeast is added is driving the market growth. In addition to increasing the volume, high sugar resistant yeast also enhances the taste, grain, color, and eating quality.

Sweet bread can be made with high sugar tolerant yeast, which retains good fermentation capacity even at 30% sugar concentration. Both high- and low-sugar yeast causes the dough to ferment and expand and, as a result, producing better goods. Saccharomyces cerevisiae LGL-1 is the high-sugar-tolerant yeast, and CCTCC No. M2015545 is the preservation number for this yeast.

When used in actual production, the sugar-tolerant yeast strains can save costs since it undergoes fermentation under high sugar conditions, high gravity fermentation in the lag phase and lengthy in the logarithmic phase and equilibrium phase. High quantities of sugar or salt can make it harder for yeast to grow and ferment normally because they make less water available, which is driving the high sugar resistant yeast market demand.

Market Dynamics

Increasing Demand for Ready-to-eat Snacks is Driving the High Sugar Resistant Yeast Market Growth.

A tendency of skipping breakfast has emerged, primarily among millennials, as a result of the prevalence of hectic lifestyles in both developed and emerging nations. As a result, this has affected the commerce in goods that are food that is ready to eat. The market for ready-to-eat snacks is growing quickly as a result of the widespread appeal of this style of breakfast among consumers globally. Some frequent snacks are protein chips and high-fibre cookies.

Statistics from the Plant Based meals Association show that as of 2021, retail sales of RTE plant-based meals had grown by 11%, bringing the market value of all plant-based foods to $7.5 billion (USD). Whether it's due to worries about human health, animal welfare, or the environment, vegan statistics show that the high sugar resistant yeast market demand will increase as more people eat plant-based foods.

Rising Demand for Bakery Products is Estimated to Drive the High Sugar Resistant Yeast Market Growth.

High sugar resistant yeast is used extensively in baking and is a pioneer in this field. Worldwide, there is a strong demand for breads, including rye breads, whole wheat bread, buns, white breads, brown breads, and many more bakery items. These key elements are driving the high sugar resistant yeast market growth.

Currently, the bread and bakery products business has to improve the quality, extend the selection, and change the pricing strategy. Small and medium-sized bakeries require high-quality raw materials and a fresh, in-demand product lineup to thrive in a modern, competitive baking facility.

Rising Incidence of Celiac Disease is Restraining the Market Growth.

Despite the potential for expansion, there are a number of obstacles facing the dried yeast sector. The price volatility of raw materials like molasses and sugar, which can have an impact on the profitability of dry yeast producers, is one of the key problems. The growing competition from substitute sources of protein, such soy and pea proteins, may potentially have an effect on market expansion.

The rising incidence of food allergies and intolerances, including gluten intolerance, is another issue. As a result, there is an increasing market for bakery goods that are free of gluten and may not even call for dry yeast. Also known as celiac sprue or gluten-sensitive enteropathy, celiac disease is an immunological response to consuming gluten, a protein present in wheat, barley, and rye, which are used to make a variety of baked goods.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global high sugar resistant yeast market is segmented based on type, application, end-user, and region.

In the Global Market of High Sugar Resistant Yeast, the Baking Segment Holds the Largest Market Share.

The global high sugar resistant yeast market has been segmented by application into baking, feed, wine, and others. The baking segment held the largest high sugar resistant yeast market share of 58.8% in 2022 in the high sugar resistant yeast market analysis report. The characteristics of yeast in baking includes industrial yeast strains by handling yeast viability in high sugar environments, stress tolerance, yeast adaptation to high sugar levels.

Numerous factors, such as population expansion, shifting consumer preferences, and the popularity of baked foods, influence the need for baker's yeast. The Department of Economic and Social Affairs of the United Nations projects that by 2050, there will be 9.7 billion people on the planet, increasing demand for baked goods, which is directly driving the high sugar yeast market demand in baking application.

Geographical Analysis

The Europe Region Held the Largest Share of High Sugar Resistant Yeast Market.

The global high sugar resistant yeast market is segmented into five parts of the world based on geography: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The Europe high sugar resistant yeast market held the largest market share of 42.6% in 2022 in the high sugar resistant yeast market analysis. The growth is attributed with more money to spend on ethanol production, European consumers' demand for high sugar resistant yeast is anticipated to increase.

The European market is experiencing tremendous demand for ready meals, packaged foods, and snacks, which drives up demand for quick dry yeasts because of their rising application in finished goods. In the European market, natural instant dry yeasts are chosen because consumers are becoming more conscious of the negative consequences of artificial colours.

Competitive Landscape

The major global players in the market include: Angel Yeast, Atech Biotechnology, BAKERpedia, DCL Yeast, DSM, Forise Yeast, Giustos, Kerry Group, Lallemand, and Lessaffre Group.

Global Recession/Ukraine-Russia War/COVID-19, and Artificial Intelligence Impact Analysis:

COVID-19 Impact:

The unprecedented COVID-19 pandemic in 2020 had a profound effect on the High Sugar Resistant Yeast industry. COVID-19 has had a considerable impact on the phases of the global bakery supply chain that involve High Sugar Resistant Yeast production, processing, distribution, and consumption as a result of lockdowns and restrictions imposed by various governments.

According to Information Resources, Inc. data, fresh bread sales reached $10.1 billion in the 52 weeks that concluded on January 24. This is an increase of 10% from the same period last year. 6% more units were sold. The major baking firms tracked by IRI all saw an increase in branded sales over the last year, taking market share away from private label, which saw a 5% decrease in dollar sales and a 7% decline in unit sales.

Martins Famous Pastry Shoppe Inc., one of the top bakeries, saw the biggest improvements, with a 34% increase in dollar sales and a 31% increase in unit sales. However, even the biggest bakers saw double-digit growth, with Grupo Bimbo's US business rising 13%, Flowers Foods rising 16%, and Pepperidge Farm, Inc. rising 12%.

Why Purchase the Report?

• To visualize the global high sugar resistant yeast market segmentation based on type, application, end-user, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of high sugar resistant yeast market-level with all segments.
• The PDF report consists of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The Global High Sugar Resistant Yeast market report would provide approximately 93 tables, 109 figures and 190 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies