Organic Yeasts Market: Current Analysis and Forecast (2021-2027)

The globally increasing demand for organic bakery products the trend of avoiding synthetic chemicals, higher nutritional value involvement, concerns over antibiotic drug residues, concerns over the health effects of genetically modified foods and the belief that organic foods are safer and less likely to cause food poisoning. The yeast is called as organic, when yeast is part of the XX% of the ingredients of agricultural origin, by weight. Organic products are becoming mainstream in the food and beverage industry. Initially when the National Organic Program was formulated, it was not considered feasible for the yeast to be made organically so it was classified as a non-agricultural food substance. Due to this yeast was added to the National List of allowed and prohibited substances for foods labeled as organic.

According to a report by "European Research Organization of Organic Agriculture" in 2017, the market for organic food products is growing in countries such as Brazil, Mexico, Chile, and Paraguay. Similarly, the US organic sector is also witnessing an upward trajectory as consumers are witnessing a high demand for organic products, which has enabled them to acquire a larger market share. As per a survey conducted by "European Research Organization of Organic Agriculture" on Standards and Legislations, nearly 93 countries had set organic standards in 2018.

Based on type, the market is fragmented into Yeast Derivatives, Inactive Dry Yeast, and Nutritional Yeast. Among types, yeast derivatives dominated in the organic yeast market. Based on the species, the Saccharomyces species grabbed the major market and dominated the market. The Saccharomyces sub-segment generated revenue of USD XX million in 2020. Based on the form, the market is fragmented into Flakes, Liquid, and Powder. The Powder sub-segment generated revenue of USD XX million in 2020

Based on the application, the market is fragmented into Food & Beverage, Bakery Industry, Pharmaceuticals, Brewing Industry, and Animal Feed. The Food & Beverage sub-segment generated revenue of USD XX million in 2020. Based on distribution channel, the market is fragmented into online stores, retail stores, and supermarkets. The online stores segment generated revenue of USD XX million in 2020.

For a better understanding of the market adoption of the organic yeast, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Mexico, and Rest of North America), Europe (France, United Kingdom, Germany, Spain, Netherlands, Italy, Belgium, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Rest of South America), and Rest of World (Middle East, Africa). The Asia-Pacific region constitutes a major market for the global organic yeast industry and generated revenue of USD XX million in 2020 owing to increasing awareness about the health benefits of organic foods, etc. However, the Asia-Pacific region would grow at the highest CAGR during the forecast period

Some of the major players operating in the market include Koninklijke DSM N.V, Angel Yeast Co. Ltd, Ohly, White Labs Copenhagen, Doves Farm Foods Ltd., Martin Braun-Gruppe, Nutraceutical International Corporation, Lesaffre, Lallemand, Imperial Yeast. Several M&A's along with partnerships have been undertaken by these players to boost their presence in different regions

The global organic yeasts market was valued at USD XX million in 2020 and is projected to expand significantly with a CAGR of XX% from 2021-2027F. Factors such as increasing awareness among consumers about health & wellness, growing need to replace monosodium glutamate (MSG) as an additive in food products, and increased demand for organic food products across the globe is driving the growth of the market.