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2021
Specialty East Market

Specialty east market by Type (Yeast Extract, Yeast Autolysate, and Yeast Beta - Glucan), Application (Bakery Production, Flavoring, and Biofuels), and Species (Saccharomyces Cerevisiae and Kluyveromyces): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Dec 2021 | 43 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Advancements in the field of food processing drive demand in the worldwide speciality yeast market. Specialty yeast can be used to make a variety of snacks and sauces, which is an important factor to consider in terms of market expansion. The food and beverage business has a well-developed supply chain, making it possible for shops to acquire speciality goods quickly. The growth of the worldwide speciality yeast market has been aided by the presence of a well-organized food industry.
Investments in the food industry reverberate through the industry's several sub-domains. As a result, the worldwide specialty yeast market is predicted to expand as a result of an ever-expanding range of culinary products. The use of specialized yeast in the preservation of meat products has pushed the global industry to new heights. Functional foods such as breads, cereals, and nutraceuticals are in higher demand, which has boosted market demand.

Market Scope and Structure Analysis

Report Metric

Details

  Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Regions Covered

  North America, Europe, Asia-Pacific, and LAMEA

  Segments Covered

  Type, Form,  Application and Region

  Companies Covered

Associated British Foods plc, AngelYeast Co., Ltd, LALLEMAND Inc., Lesaffre, Chr. Hansen Holding A/S, ADM, DSM, AngelYeast Co., Ltd, AB Mauri India Pvt.Ltd., Synergy Flavors, Alltech, Leiber GmbH, and Biorigin

 

COVID-19 Impact Analysis

  • Despite increased demand for specialty yeast, the COVID-19 pandemic was seen affected market growth in the first few months of lockdowns, with significant companies and organizations such as the Shaanxi Plant Association in China reporting their inability to combat logistical concerns. However, the market has recovered in recent months, reducing the impact, as the food and beverage industry has faced new issues on a daily basis, the most significant of which is supply chain disruption.

Top Impacting Factors
Demand for Preserved Food is Growing

The employment of specialized yeast in preserving the freshness of food goods has aided market expansion. Furthermore, food products account for a significant portion of the retail sector's product portfolio. This factor has contributed to the worldwide specialized yeast market's expansion.
Supply Chains that are Robust
The growth of the worldwide specialized yeast market has been aided by the availability of a flexible and well-connected supply chain for food and pharmaceutical products. In addition, the necessity to extend the shelf life of food goods has fueled market demand.

Market Trends
The Specialized Yeast Industry is being Driven by Rise in Demand for Bread Items and Alcoholic Beverages

  • The consumption of bakery items such as bread, sandwiches, and pasta is steadily expanding, particularly in Asia-Pacific. Furthermore, specialty yeast is utilized in the production of alcoholic drinks such as wine and beer, which is expected to benefit the specialty yeast market due to the alcoholic beverage industry's rapid expansion. Furthermore, customers prefer natural flavors in their food, which propels the worldwide specialty yeast market even faster.
  • Specialized yeast includes a significant level of sodium, which might have a detrimental impact on consumers with high blood pressure, further restricting the specialty yeast market. Moreover, excessive use of brewing yeast, specialist yeast used in the brewing sector, has been associated to gas, bloating, and migraine-like headaches, which is one of the issues the specialty yeast market is facing.

The Yeast Industry's increased R&D efforts to Identify Plant-based Alternatives for Specialized Yeast

  • Companies invest in the development of novel yeast extract alternatives that are less expensive than specialty yeasts. For example, Roquette Frères (France) introduced SOLULYS, a cost-effective solution that can be used as a substitute for yeast extracts in the fermentation business. These yeast substitutes have similar qualities and applications as specialty yeast, are far, and however are less expensive. It is predicted that demand for natural plant-based yeast replacers in goods containing yeast and customized yeast would increase.
  • The population's preference for vegan products is expected to fuel these products over specialist yeasts.

Key Segments Covered
By Type 

  • Yeast Extract
  •  Yeast Autolysate
  •  Yeast Beta – Glucan

By Application 

  • Bakery Production
  •  Flavoring
  •  Biofuels

By Species 

  • Saccharomyces Cerevisiae
  • Kluyveromyces

Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the specialty yeast market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the specialty yeast market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the specialty yeast market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed specialty yeast market analysis based on competitive intensity and how the competition will take shape in coming years.
  • Questions Answered in the Specialty Yeast Market Research Report
  • Which are the leading market players active in the ‘specialty yeast market’?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is “specialty yeast market” prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the "specialty yeast market"?
 
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