Global Yeast Ingredients Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Global Yeast Ingredients Market Report Overview:

“The global Yeast Ingredients Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

The report offers insightful and detailed information regarding the various key players operating in the global yeast ingredients market, their financials, supply chain trends, technological innovations, key developments, and future strategies, acquisitions & mergers, and market footprint. The global yeast ingredients market report has been segmented based on type, application, source, and region.

Yeast is a living, single-cell organism. Yeast is found in soil, on plant surfaces, and also abundantly in sugary mediums such as flower nectar and fruits. Yeast converts food into alcohol and carbon dioxide through the process called fermentation.

This makes yeast crucial in making wine and beer and the process of baking. Yeast that is commonly used as a leavening agent in baking bread and bakery products is Baker's yeast. Wheat flour is the most common flour used when baking with yeast.

Rising demand for yeast ingredients from the food & beverage industries and growing awareness among individuals related to health benefits and nutritional value of yeast in foods are key factors driving the growth of the global yeast ingredients market.

In addition, increasing use of yeast ingredients as nutritional supplements in pharmaceuticals and growing consumer interest in organic food products manufactured by using natural food additives are other factors expected to fuel the growth of the global yeast ingredients market over the forecast period.

Moreover, increasing usage of yeast ingredients in dairy industry, cosmetics, and animal feeds are another factors expected to boost growth of the global yeast ingredients market over the forecast period.

However, lack of availability of raw materials is a key factor restraining growth of the global yeast ingredients market. Additionally, robust competition among market players is another factor expected to hamper growth of the global yeast ingredients market over the forecast period.

The market in Europe accounted for the highest revenue share, in the global yeast ingredient market, owing to the increasing consumption of functional foods coupled with growing dairy industry in countries in the region.

The market in Asia Pacific is expected to witness fastest growth over the forecast period, owing to growing awareness related to consumption of healthy and nutritional food, and increasing disposable income in developing economies such as China and India.

The market in North America is expected to witness significant growth over the forecast period, owing to rising demand for yeast ingredients from food, animal feed, and pharmaceutical industries in the region.

Global Yeast Ingredients Market Segmentation:

Global yeast ingredients market segmentation by type:

• Yeast extracts
• Autolyzed yeast
• Yeast cell wall
• Yeast-based flavors

Global yeast ingredients market segmentation by application:

• Food
• Feed & pet food
• Pharmaceuticals
• Others

Global yeast ingredients market segmentation by source:

• Baker’s yeast
• Brewer’s yeast

Global yeast ingredients market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa