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Yeast Ingredients Market Expected to Reach USD 2.7 Billion by 2020
The report "Yeast Ingredients Market by Type (Yeast Extract, Autolyzed Yeast, Yeast Cell Wall, Yeast-based Flavor), Application (Food, Feed & Pet Food, Pharmaceuticals), Source (Baker’s Yeast, Brewer’s Yeast), & by Region - Global Trends & Forecast to 2020" defines and segments the yeast ingredients market with analyses and projections of the market size in terms of value and volume. It also identifies the driving and restraining factors of the market with analyses of the trends, opportunities, restraints, and challenges. The size of the market in key regions-such as North America, Europe, Asia-Pacific, and Rest of the World (RoW)has been estimated and projected. The market is further segmented on the basis of the key countries in these regions. Browse 66 tables 57 figures 192 pages and in-depth TOC on "Yeast Ingredients Market ” You can speak to our analyst@ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=219961903
Source: MarketsandMarkets Analysis
Yeast Ingredients Market Size (Value), by Region, 2014
Source: Industry Journals, Company Publications, Related Publications, and MarketsandMarkets Analysis
The global market for yeast ingredients was USD 1.7 billion in 2014, and is projected to grow at a CAGR of 8.2% from 2015 to 2020. In 2014, the global consumption of yeast ingredients was 213.8 KT, and is projected to grow at a competitive CAGR of 8.0% during the forecast period. The European region accounted for the largest share in the market for yeast ingredients in 2014, owing to the heavy demands for natural ingredients from the flourishing processed food market of the region. Food application dominates the market with around three-fourth share in terms of value as well as volume. It is the fastest growing application, projected to attain 8.3% during the forecast years. The markets for yeast ingredients for applications in feed and pharmaceutical sectors are emerging with substantial opportunities and are projected to grow at CAGRs of 8.0% and 8.1% from 2015 to 2020. Among all the yeast ingredients, yeast extracts are the most preferable yeast derivatives, owing to their high nutritional content and ease of commercial production. The yeast ingredients market is growing in accordance with the advancement of the processed food industry. The rise in demand of natural and clean label ingredients from sectors such as bakery, R.T.E, dairy, and meat products are driving the yeast ingredients market. The yeast ingredients market is considered to be one of the fastest growing segments of food ingredients market due to the growing trend towards reducing the MSG, salt, and fat content in food products. Yeast ingredients such as yeast extracts, autolyzed yeast, yeast cell wall, and yeast-based flavors are expected to gain momentum in the near future. The yeast ingredients market is segmented on the basis of key type, application, source, and region. The yeast ingredients industry is restrained by scarcity for raw materials and intense competition for the same. Emerging applications of yeast ingredients in pharmaceuticals, personal care, and cosmetics are estimated to be the key driving factors for the yeast ingredients market.
The yeast ingredients market is fragmented, with the leading companies driving its growth. The report provides qualitative analyses of the prominent market players and their preferred development strategies. Key players such as Associated British Foods plc (U.K.), Kerry Group plc (Ireland), Royal DSM N.V. (The Netherlands), and Sensient Technologies Corporation (U.S.), Angel Yeast Co., Ltd. (China), Lesaffre Group (France), Leiber GmbH (Germany), LALLEMAND Inc., Synergy Flavors (Ireland), and Beldem S.A. (Belgium) have been profiled in the report. Scope of the Report This study categorizes the yeast ingredients market on the basis of type and their end application, source, and region. The regional analysis is further extended with projections of the market size of their key contributing countries. On the basis of key types, the market was segmented as follows: Yeast extracts Autolyzed yeast Yeast cell wall Yeast-based flavors On the basis of key applications, the market was segmented as follows: Food Feed & pet food Pharmaceuticals Others (personal care and cosmetics)
On the basis of source, the market was segmented as follows: Baker’s yeast Brewer’s yeast On the basis of key regions, the market was segmented as follows: North America Europe Asia-Pacific RoW Available CustomizationsThe following customization options are available for the report: Product Analysis Product matrix, which gives a detailed comparison of the product portfolio of each company Regional Analysis Further breakdown of the Rest of Europe yeast ingredients market into Sweden, Poland, Norway, and Greece Further breakdown of the Rest of Asia-Pacific yeast ingredients market into South Korea, North Korea, New Zealand, and Sri Lanka Further breakdown of the RoW yeast ingredients market into Paraguay, Uruguay, Chile, and Cuba Company Information Detailed analysis and profiling of additional market players (Up to 5)
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