Market Research Report
Specialty Yeast Market by Type (Yeast Extracts, Yeast Autolysates, Yeast Beta-glucan, and Other Yeast Derivatives), Species (Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces), Application, and Region - Global Forecast to 2025
|Published by||MarketsandMarkets||Product code||832943|
|Published||Content info||170 Pages
Delivery time: 1-2 business days
|Specialty Yeast Market by Type (Yeast Extracts, Yeast Autolysates, Yeast Beta-glucan, and Other Yeast Derivatives), Species (Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces), Application, and Region - Global Forecast to 2025|
|Published: May 1, 2019||Content info: 170 Pages||
The global specialty yeast market is estimated to be valued at USD 2.7 billion in 2019 and is projected to reach USD 4.0 billion by 2025, at a CAGR of 7.2%. The specialty yeast market is driven by the increase in consumption of bread and bread products and the rise in demand for natural flavors. Formulation advances and technologies have enabled specialty yeast manufacturers to discover new opportunities for growth in the premium ingredients sector. With the increasing demand for specialty yeasts, the complexities related to integration and adulteration from small local players is affecting the market growth.
The market for specialty yeast is segmented into yeast extracts, yeast autolysates, yeast beta-glucan, and other yeast derivatives. The yeast extracts segment is projected to hold the largest market in 2025. Yeast extracts are natural ingredients comprising various amino acids, carbohydrates, minerals, and vitamins. Yeast extracts are prepared from baker's yeast or brewer's yeast. They are used mainly as natural aromatic ingredients for savory food products such as soups, sauces, meat preparations, and savory mixes.
Based on species, the market for specialty yeast is segmented into Saccharomyces cerevisiae; Pichia pastoris; Kluyveromyces; and others, which include Torulaspora delbrueckii, Metschnikowia fructicola, and Candida queretana. Saccharomyces cerevisiae is one of the most commonly used species of yeast since it is robust and can withstand stressful conditions. The use of Saccharomyces cerevisiae in the production of bread gives a characteristic flavor and aroma to the bread, and this is considered a by-product of fermentation.
In 2018, the European region led the global specialty yeast market; it held a market share of 47.0%. The food & beverage industry is one of the largest in Europe. The specialty yeast market in the region is growing rapidly due to various factors such as increased consumption of alcoholic beverages & convenience products and awareness about natural ingredients such as yeast extracts. Europe is a very mature market with high uses of yeast in various applications, such as food, feed, and pharmaceuticals. Due to the increase in consumption of various baked products (that use natural ingredients), such as bread, cakes, rolls, pastries, and alcoholic beverages, the region remains one of the prominent markets for specialty yeast.
Others include: sales managers, marketing managers, and product managers.
*RoW includes South America, and the Middle East & Africa.
Leading players profiled in this report:
This report segments the specialty yeast market on the basis of type, species, application, and region. In terms of insights, this research report focuses on various levels of analyses-competitive landscape, end-use analysis, and company profiles-which together comprise and discuss the basic views on the emerging & high-growth segments of the specialty yeast market, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.