Allied Market Research

2024

Yeast And Specialty Yeast Market

Yeast and Specialty Yeast Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Introduction
to Yeast and Specialty Yeast Market
Yeast is a single-cell microorganism found in nature and used in food production, due to its ability to ferment sugars and produce ethanol. It is also used in the production of other products, such as beer, wine, and bioethanol. Yeast can be cultured in a variety of forms, such as powdered form, granulated form, or liquid form. Yeast and specialty yeast are used for different applications, such as food, feed, and other applications. Specialty yeasts are used for specific industrial applications, such as wine and beer production, bioethanol production, and others. The global yeast and specialty yeast market is segmented based on type, application, and region.
Market Dynamics
The growth of the global yeast and specialty yeast market is driven by rising demand for convenience food and increasing consumption of alcoholic beverages in developing economies. Additionally, the increasing demand for natural food and growing awareness about the health benefits of yeast are supporting the growth of the market. Moreover, the rising demand for specialty yeast in the production of beer and wine is providing growth opportunities for the market. However, the fluctuating prices of raw materials, such as sugar and starch, is likely to hamper the growth of the market.
Market Analysis
The global yeast and specialty yeast market is segmented based on type, application, and region. Based on type, the market is segmented into bakers, brewers, wine, bioethanol, and others. The brewers segment is estimated to account for the largest share of the market in 20XX. This is attributed to the growing consumption of alcoholic beverages across the globe. The bakers segment is likely to be the second largest segment during the forecast period, owing to the rising demand for bakery products.
Based on application, the market is segmented into food, feed, and others. The food segment is estimated to account for the largest share of the market in 20XX. This is attributed to the increasing demand for convenience food and rising consumption of bakery products. The feed segment is likely to be the second largest segment during the forecast period, owing to the growing demand for animal feed.
Market Analysis
on Regional Level
The market is segmented on the basis of region into North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific region is estimated to account for the largest share of the market in 20XX. This is attributed to the rising demand for convenience food and increasing consumption of alcoholic beverages in the region. The market in the region is likely to grow at a higher CAGR during the forecast period, owing to the increasing demand for specialty yeast in countries such as China, India, Japan, and South Korea.
Market Discussion
The yeast and specialty yeast market is likely to witness high growth in the coming years, owing to the increasing demand for convenience food and growing awareness about the health benefits of yeast. Additionally, the increasing demand for specialty yeast in the production of beer and wine is driving the growth of the market. The development of new products and technological advancements are expected to provide growth opportunities for the market. Moreover, the market is likely to witness high growth in developing countries, owing to the increasing consumption of alcoholic beverages.
The market is competitive and consists of several major players. The companies in the market are focusing on new product launches and acquisitions to expand their presence in the market. For instance, in 20XX, Synergy Flavors launched Yeast Extracts, a new product in the yeast and specialty yeast market.
Strategies Adopted by Companies
The companies in the yeast and specialty yeast market are focusing on strategies such as new product launches, acquisitions, business expansions, partnerships, and investments. For instance, in 20XX, Associated British Foods plc acquired the yeast business of Lesaffre Group. This acquisition helped the company to expand its product portfolio in the yeast and specialty yeast market. Similarly, in 20XX, Chr. Hansen Holding A/S acquired Leiber GmbH. This acquisition helped the company to strengthen its presence in the yeast and specialty yeast market.
The major companies in the market are Synergy Flavors, Associated British Foods plc, Chr. Hansen Holding A/S, Leiber GmbH, Koninklijke DSM N.V., Oriental Yeast Co., Ltd, Lallemand Inc., Angel Yeast Co., Ltd, Lesaffre Group, Alltech, and AB Mauri. Other companies in the market are Alltech, Lallemand, Inc., Lallemand Specialty Yeasts, Lesaffre, Alltech Animal Nutrition, and Lesaffre Animal Care.
Qualitative Insights
The companies in the yeast and specialty yeast market are focusing on new product development, research and development, consumer/end-user perceptions, and pricing strategies to increase their market share. For instance, in 20XX, Angel Yeast Co., Ltd launched Angel Yeast Extracts, a new product in the yeast and specialty yeast market. The company is also focusing on research and development activities to develop new products in the market. Moreover, the companies are focusing on consumer/end-user perceptions to understand their requirements and develop new products accordingly. Additionally, the companies are focusing on pricing strategies to increase their market share.
Porter’s Five Force Analysis
The global yeast and specialty yeast market is moderately competitive, due to the presence of several major players. The threat of new entrants in the market is low, due to the high entry barriers. The bargaining power of suppliers is low, owing to the availability of raw materials from multiple sources. The bargaining power of buyers is high, owing to the presence of numerous players in the market. The threat of substitutes is moderate, owing to the availability of different products in the market. Moreover, the intensity of the competition is moderate, due to the presence of several major players in the market.
The global yeast and specialty yeast market is expected to witness high growth in the coming years, owing to the increasing demand for convenience food and growing awareness about the health benefits of yeast. The companies in the market are focusing on strategies such as new product launches, acquisitions, business expansions, partnerships, and investments to increase their market share. The market is moderately competitive, due to the presence of several major players.

 

Key Benefits of the Report

  • This study presents the analytical depiction of the Yeast and Specialty Yeast Market 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 a detailed analysis of the Yeast and Specialty Yeast Market share.
  • The current market is quantitatively analyzed to highlight the Yeast and Specialty Yeast Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Yeast and Specialty Yeast Market analysis based on competitive intensity and how the competition will take shape in coming years

Yeast and Specialty Yeast Market Report Highlights

Aspects Details
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By Type
  • Bakers
  • Brewers
  • Wine
  • Bio-ethanol
  • Other
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By Application
  • Food
  • Feed
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Oriental Yeast Co., AngelYeast Co., Koninklijke DSM N.V., Associated British Foods plc, Synergy Flavors, Alltech..., Chr. Hansen Holding A/S, Lesaffre Group, Lallemand Inc., Leiber GmbH

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Yeast and Specialty Yeast Market

Global Opportunity Analysis and Industry Forecast, 2023-2032