The new research study from Transparency Market Research on the global yeast market provides a comprehensive analysis of the market. This study is titled “Global Yeast Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018”. The study features a systematic evaluation of the global yeast market with its key segments and market trends. In addition to this, the study covers the competitive landscape of the global yeast market in detail and offers valuable projections for the future.
Yeast is extensively used in the global food and beverages industry. On the basis of type, the global yeast market is divided into supplement yeast, yeast derivatives, autolyzed yeast, yeast extract, and specialty yeast. Yeast is one of the food ingredients that have been in used in the food sector for hundreds of years. In the contemporary food and beverages industry, yeast is used in many segments such as baking, winemaking, and animal feed. Yeast is also used in industries such as pharmaceuticals and chemicals.
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Yeast helps accelerate the process of fermentation of foods and alcoholic beverages and imparts an improved flavor, aroma, and texture. This chemical breakdown of certain foods and beverages products relies to a great degree on the presence of yeast. Hence, yeast is widely preferred for its fermenting properties and is one of the most-sought after fermenting agents in pharmaceuticals, food, and chemicals.
The global yeast market is driven primarily by the rising consumption and demand for baked goods. In addition to this, the flourishing alcoholic beverages segment in both developed and developing nations is also fueling the global yeast market. The rising focus on quality improvement of animal feed will also benefit the global yeast market. Nevertheless, the intensifying competition between companies to procure basic raw materials will suppress the overall global yeast market. Furthermore, the stringent food regulations on the use of red yeast extract products will also challenge the global yeast market.
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Geography-wise, the global yeast market is segmented into Europe, Asia Pacific, North America, and Rest of the World (RoW). Presently, North America and Europe occupy a major share in the global yeast market. Nevertheless, these two regions are experiencing stiff competition from the Asia Pacific region. The APAC yeast market is expected to grow significantly in the coming few years and hold a larger share in the global yeast market.
Players in the global yeast market will benefit from the opportunity presented by the trend of replacing synthetic taste enhancers with natural ones. The key players operating in the global yeast market are Angel Yeast, Cargill, Bio Springer, AB Vista, and DSM.