Specialty Yeast Market Growth Drivers, Trends, and Forecast by 2031

MARKET INTRODUCTION

Yeast is microorganisms which are also known as single-celled fungi. There are about 1,500 different species of yeast which are used in the food and beverage industries. Specialty yeasts are used in food applications such as sauces, snacks seasoning, ready-to-eat meat, bakery products, alcohol and functional foods. Saccharomyces cerevisiae, also known as baker's yeast, is the most commonly used variety of yeast used for fermentation. Due to shift in food preference in the consumer throughout the world, it is expected that specialty yeast market will grow at a faster pace.

MARKET DYNAMICS

Growing demand for bakery products, high-quality animal feed and increasing alcoholic beverage consumption is expected to remain the dominant force driving the need for specialty yeast market. Moreover, the demand for bio-ethanol yeast for fuel production is also projected to influence the specialty yeast market significantly. Application of yeast in feed products because of a protein source is expected to generate untapped opportunity for the specialty yeast market.

MARKET SCOPE

The "Global Specialty Yeast Market Analysis to 2031" is a specialized and in-depth study of the specialty yeast industry with a special focus on the global market trend analysis. The report aims to provide an overview of specialty yeast market with detailed market segmentation by type, species, application and geography. The global specialty yeast market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading specialty yeast market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global specialty yeast market is segmented on the basis of type, species and application. Based on type, the market is segmented into yeast extracts, yeast autolysate, yeast beta-glucan and other yeast derivatives. On the basis of the species the market is segmented into saccharomyces cerevisiae, pichia pastoris, kluyveromyces and others. On the basis of the application the market is segmented into food, beverage, feed and other applications.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global specialty yeast market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The specialty yeast market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting specialty yeast market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the specialty yeast market in these regions.

MARKET PLAYERS

The reports cover key developments in the specialty yeast market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from specialty yeast market are anticipated to lucrative growth opportunities in the future with the rising demand for specialty yeast in the global market. Below mentioned is the list of few companies engaged in the specialty yeast market.

The report also includes the profiles of key specialty yeast companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

• Associated British Foods plc
• Archer Daniels Midland Company
• LALLEMAND Inc.
• Chr. Hansen Holding A/S
• DSM
• Kerry Inc.
• Lesaffre
• AngelYeast Co., Ltd.
• Biorigin
• Kemin Industries, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Specialty Yeast Report Scope