Yeast Industry Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The yeast market is expected to gain market growth in the forecast period 2022 to 2028. Our Research shows that the market is growing at a CAGR of 8% over the forecast period from 2022 to 2028, from USD 55.9 million in 2021 to 2028. The widespread application of the cosmetic industry and the growing demand for bioethanol as a fuel are the main drivers driving the market in the forecast period. Several commercial products contain mixtures of live and dead S. cerevisiae cells in varying proportions, which can be used as feed additives in animal nutrition. Yeast is widely used in various industries for the fermentation process. The bakery industry is leading the way in using yeast as an important ingredient. Bakery products such as bread, rye bread, whole wheat bread, bread, white bread and brown bread are in great demand around the world. These dominant factors are driving the market. Increasing urbanization and Western culture have increased the demand for bakery products. Due to the demand from the enrichment of animal feed products and increased alcohol consumption, the yeast market is expected to be subject to stringent government regulations on yeast and yeast derivatives to limit yeast use during the forecast period.
Company Profile
- Associated British Foods PLC (U.K)
- Hansen A S (Denmark)
- Angel Yeast (China)
- Lallemand Inc. (Canada)
- Lesaffre (France)
- Leiber GmbH (Germany)
- Novozymes (Denmark)
- Koninklijke DSM N.V. (The Netherlands)
Market Segmentation
By Type:
- Baker’s Yeast
- Bioethanol Yeast
- Brewer’s Yeast
- Wine Yeast
- Feed Yeast
- Others
By Application:
- Food (Bakery, Non- Alcoholic Beverages, Alcoholic Beverages)
- Feed
- Others
By Form:
- Instant Yeast
- Dry Yeast
- Fresh Yeast
- Genetically Modified Yeast
Scope of the Report
The research study analyzes the Yeast Industry Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Yeast Industry Market Report
- What was the Yeast Industry Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Yeast Industry Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Yeast Industry Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Key Benefits of Buying the Yeast Industry Market Report:
- Comprehensive analysis of the changing competitive landscape.
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
- The report offers an 8-year forecast and assessment of the Yeast Industry
- Helps in understanding the key product segments and their estimated growth rate.
- In-depth analysis of market drivers, restraints, trends, and opportunities.
- Comprehensive regional analysis of the Yeast Industry
- Extensive profiling of the key stakeholders of the business sphere.
- Detailed analysis of the factors influencing the growth of the Yeast Industry Market.
The report will be delivered within 48-72 hours after payment confirmation