The global demand for Specialty Yeast Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Specialty Yeast is a single-celled fungus that is made up of microorganisms. In the food and beverage industry, there are around 1,500 different yeast species. The most common yeast used for fermentation is Saccharomyces cerevisiae, generally known as baker's yeast. Sauces, nibbles flavouring, ready-to-eat meat, bakery items, wine, and functional meals are all examples of where specialty yeasts are employed. The specialized yeast is predicted to increase quicker due to a shift in consumer preferences around the world. Yeast extracts and other specialty yeasts are becoming cost-effective culinary and functional additives. Due to the rise of the convenience food and beverage business and growing non-food applications. Sauces, snack flavouring, ready-to-eat meat, bread items, and functional meals are just a few of the possibilities for specialty yeast.
Market Dynamics
The market for specialty yeast is likely to be driven by rising demand for bakery items, high-quality animal feed, and increased alcoholic beverage consumption. Furthermore, the need for bio-ethanol yeast for fuel production is expected to impact the speciality yeast market substantially. The use of Specialty yeast as a protein source in feed products is projected to open up new business opportunities for specialty yeast. The specialty yeasts market is driven by urbanization, changing lifestyles, rising demand for convenience products, and customer preference for natural food ingredients. The consumption of bakery products such as bread, sandwiches, and pasta is continuously increasing, which is the driving factor for the specialty yeast market. In addition, specialty yeast is also used in different alcoholic beverages such as wine and beer making, which will be beneficial for the specialty yeast market due to the strong growth of the alcoholic beverage industry. Furthermore, consumers demand natural flavors in their food products, accelerating the global specialty yeast market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of specialty yeast. The growth and trends of specialty yeast industry provide a holistic approach to this study.
Market Segmentation
This section of the specialty yeast market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Yeast Extracts
- Yeast Autolysates
- Yeast Beta-Glucan
- Other Yeast Derivatives (Yeast Flavor Enhancers, Yeast Saccharides, And Yeast Pigments
By Species
- Saccharomyces Cerevisiae
- Pichia Pastoris
- Kluyveromyces
- Others (Torulaspora Delbrueckii, Metschnikowia Fructicola, And Candida Queretana)
By Application
- Food
- Bakery
- Functional Foods
- Savory
- Others (Savories & Snacks)
- Beverages
- Feed
- Others (Pharmaceuticals, Chemicals, Cosmetics, And Personal Care Products)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Specialty Yeast market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Specialty Yeast Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the specialty yeast market include Associated British Foods (UK), Archer Daniels Midland (US), Lallemand (Canada), Chr. Hansen (Denmark), Koninklijke DSM N.V (Netherlands), Kerry (Ireland), Lesaffre (France), Angel Yeast (China), Biorigin (Brazil), Beldem (Blegium), Kemin Industries (US), Leiber (Germany), Synergy Flavors (UK), Nutreco N.V (Netherlands), Levex (Turkey). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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