Key Players in the market are Associated British Food Plc. (U.K.), Lallemand Inc. (Canada), Lesaffre Group (France).
(PRWEB) June 25, 2014
The report “Yeast Market by Type [(Baker’s, Brewer’s, Wine, Feed, Bio-ethanol), Form (Dry, Instant, Fresh), Application (Food, Feed)] & Specialty Yeast Products Market by Type (Yeast Extract, Autolysate, ß-glucan, Other Derivatives) & Geography – Global Trend & Forecast to 2018” defines and segments the yeast market with an analysis and forecast of value and volume for yeast and specialty yeast products. It also identifies driving and restraining factors for yeast market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges.
Browse more than 164 market data tables with 44 figures spread through 302 pages and in-depth TOC on "Yeast Market - Global Trend & Forecast to 2018"
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Yeast has become one of the important parts of the beverage and the bakery industry as it performs the most crucial role of breaking down the sugars and then releasing carbon-dioxide which is responsible to obtain required quality and flavors to the food products. As a result, yeast has been used in the food industry since years and has now become the most important part for animal nutrition and bio-ethanol industry.
The products which are extracted by the yeast cell walls and which have significant application in bio-chemical, food, bio-technology, and other industries are known as specialty yeast products. Yeast extract is used for industrial as well as commercial purposes. There are many taste providing ingredients in yeast extract which sets it apart from single property additives. They are often used to create savory flavors and taste sensations, and can be found in a large variety of packaged food including frozen meals, crackers, junk food, gravy, stock, and more.
This report estimates the market size of yeast as well as specialty yeast products in terms of value and volume. The yeast market is segmented into types, applications, forms, and geography. The specialty yeast products market is broadly divided into types and geography. In terms of geography, the report is segmented into North America, Europe, Asia-Pacific, and Rest of the World (ROW).
The yeast market is projected to be around $3.6 billion by 2018. In 2012, Europe was the largest market for yeast. Baker’s yeast dominated the yeast market globally. The market is projected to grow with continued expansions and developments made by the yeast manufacturers and the changing trends in the application of yeast. The leading players in the yeast market include Associated British Food Plc. (U.K.), Lallemand Inc. (U.S.), Lesaffre Group (France), etc. The leading companies prefer new product launches and expansion strategies to strengthen their position in the market.
The specialty yeast products market is comparatively small but is projected to grow due to their increasing application in baking, brewing, and non-baking such as flavoring, animal nutrition, etc. The specialty yeast products market is projected to be around $2.1 billion by 2018. Europe dominates this market; while Asia-Pacific is projected to be the fastest growing market with a CAGR of 8.4% during the forecast period. The key players such as Lallemand (Canada), Lesaffre (France), and others have their own specialty yeast products division.
Top-down as well as bottom-up approaches were used to estimate the market size of the yeast market. The key players in the yeast market were identified through secondary research and the market value was determined through primary and secondary research. The study includes a review of the annual reports of top market players. The size of the yeast market was derived from important players’ trends, and the forecast is based on the analysis of market trends such as new product launches and expansions.
The yeast market value was dominated by Europe as the consumption of yeast is continuously growing due to the innovations in its applications. The North American market is projected to have the highest growth rate for the forecast period. China is one of the key countries for yeast in the Asia-Pacific region.
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