18th March 2020 – The global “Yeast
Ingredients market” presents a widespread and elementary study of Yeast
Ingredients business at the side of the analysis of subjective aspects which is
able to give key business insights to the readers. World Yeast Ingredients Market
analysis report offers the analytical read of the business by learning various
factors like Yeast Ingredients market growth, consumption volume, market trends
and Yeast Ingredients business price structures throughout the forecast amount
from 2012 to 2020.
The global yeast ingredients
market size is expected to value at USD 2.38 billion by 2020. The market is subject to showcase a substantial growth due to the
rise in use of yeast ingredients in the processed food and soft drink sectors,
and numerous governmental regulation to promote use of yeast ingredients in the
food industry. Varying food patterns, and rise in disposable income
particularly in developed economies are some of the key factors responsible for
boosting the growth of the market in coming years. Globally, the yeast
ingredients market is predicted to grow at CAGR of 7.4% in forecast period,
providing numerous opportunity for market players to invest for research and
development in the market.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Yeast Ingredients Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Yeast IngredientsMarket.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Approval from number of local as well as
international agencies such as codex aliment Arius and EPA that are responsible
for setting up international food regulations, set of standards and guidelines
with regular quality checks such as yeast extracts, which significantly
contributes to expansion of the market in different regions across the globe.
Other factors responsible for boosting
market growth are growing preference towards consummation of the vegetarian
foods and supplementing meat products by yeast extracts in various sauces and
soups. Application of yeast varies from fermentation processes, baking, drugs,
nutritious supplement, and cellular genetics, are major factors associated with
limited availability of yeast which is a raw material for the production of
yeast ingredients which limits the growth of the yeast ingredients industry in
recent years.
Rising adoption of the ready to eat food
products by urban population is fueling demand for the yeast extracts in urban
market in recent years. Additionally, major preference towards non-animal
protein in feeds is on the rise which is propelling growth of the market.
Furthermore, numerous initiatives by local governments and growing
advertisement by industry players to include the yeast ingredients in the
packaged food products, animal feeds, and other applications are substantially
contributing to the advancement of the yeast ingredients market over forecast
period. For example, European Association for Specialty Yeast Products
(EURASYP) has created numerous programs to spread awareness among European
nations about the benefits provided with addition of yeast extract in the food
sector.
Yeast ingredients consists of amino
acids, proteins, essential vitamins, and minerals which are vital in food and
protein supplements. Yeast ingredients contains a similar taste to the meat
broth due to presence of amino acids and its unique characteristics taste. With
growing demand of organic products is driving wide use of yeast extracts in
food industry. Furthermore, major emphasis on the consummation of food products
with high nutritional value by consumers in developed economies are propelling
growth of the yeast ingredients industry during the forecast period.
Yeast extract is produced from fresh
yeast with least amount of processing. Yeast is organic compound and vital for
the production of the bread, beer and wine. Yeast extract contains a fine blend
of organic elements coupled with essential vitamins and proteins. Yeast
ingredients are free of any sort of food additives and artificial substances.
The yeast ingredients market is divided
into regional market segment such as North America, Europe, Asia-Pacific, Latin
America and Africa. Europe and North America have shown major growth in recent
years owing to the rising adoption of the yeast ingredient in pharmaceutical
and food sector and presence of the prominent players in the region.
Asia-Pacific region is predicted to hold major market share in the yeast
ingredients industry with massive growth in forecast period.
Countries such as India, China and
Singapore are leading the Asia-Pacific market with rising consummation of the
nutritional food, growing health awareness, substantial investment by the
leading market players due to potential opportunities in the region. The key
players in the yeast ingredients industry are ABF Ingredients, Angel Yeast
Corporations, Anchor Yeast Co., AB Vista Co., Alltech Incorporations, F. Bio
Springerk, Kerry Group Co., Lallem and Incorporations.
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