The yeast ingredients market was valued at USD 1.7 billion in 2014 and is projected to grow at a CAGR of 8.2%. The base year considered for the study is 2014 and the forecast period considered is from 2015 to 2020. The basic objective of the report is to define, segment, and project the global market size of the yeast ingredients market on the basis of type, application, source, and region. The other objective of the report is to understand the structure of the yeast ingredients market by identifying various segments. The report also helps in analyzing the opportunities in the market for stakeholders, providing a competitive landscape, and projecting the size of the yeast ingredients market and its submarkets in terms of value.

This research study involved secondary sources (which included directories and databases)�such as Hoovers, Forbes, Bloomberg Businessweek, and Factiva�to identify and collect information useful for this technical, market-oriented, and commercial study of the yeast ingredients market. The primary sources involved in the study include industry experts from the core and related industries as well as preferred suppliers, dealers, manufacturers, alliances, standards & certification organizations, and organizations related to all segments of this industry�s value chain. In-depth interviews have been conducted with various primary respondents, such as key industry participants, subject matter experts, C-level executives of key companies, and industry consultants, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology applied while drafting the report on the yeast ingredients market.

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The key participants in the yeast ingredients market, include sterilization equipment manufacturers and suppliers. The key players profiled in the report include Associated British Foods Plc. (UK), Kerry Group Plc. (Ireland, Koninklijke DSM N.V. (DSM) (Netherlands), Sensient Technologies Corporation (US), Angel Yeast Co., Ltd. (China), Lesaffre (France), LALLEMAND Inc. (Canada), Leiber GmbH (Germany), Synergy Flavors (Ireland), and BELDEM S.A. (Belgium).

This report is targeted at the existing stakeholders in the market, which include the following:

Raw material suppliers

Agriculture institutes

R&D institutes

Yeast ingredients manufacturers/suppliers

Regulatory bodies

Organizations such as the FDA, EFSA, USDA, and FSANZ

Government agencies and NGOs

Food safety agencies

Consumers

Food & beverage manufacturers/suppliers

Pharmaceutical manufacturers/suppliers

Personal care/ cosmetics manufacturers/suppliers

End users

Food & beverage consumers

Pharmaceutical consumers

Personal care/ cosmetics consumers

�The study answers several questions for the stakeholders; primarily, questions regarding which market segments to focus on in the next two to five years, for prioritizing efforts and investments.�

SCOPE OF THE REPORT

On the basis of type, the yeast ingredients market has been segmented as follows:

Yeast extracts

Autolyzed yeast

Yeast cell wall

Yeast-based flavors

On the basis of key applications, the yeast ingredients market has been segmented as follows:

Food

Feed & pet food

Pharmaceuticals

Other applications

On the basis of source, the yeast ingredients market has been segmented as follows:

Baker�s yeast

Brewer�s yeast

On the basis of region, the yeast ingredients market has been segmented as follows:

North America

Europe

Asia-Pacific

RoW (The Middle East, Africa, and Latin America)

Available Customizations-

With the given market data, MarketsandMarkets offers customizations according to the company�s specific requirements.

The 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 Asia Pacific yeast ingredients market, by country

Further breakdown of the Rest of European yeast ingredients market, by country

Further breakdown of the Rest of the World yeast ingredients market, into Uruguay, Chile, Paraguay, and Cuba

Company Information

Detailed analysis and profiling of additional market players (Up to 5)

The yeast ingredients market is estimated to be valued at USD 1.7 billion in 2014 and is projected to reach USD 2.6 billion by 2020, at a CAGR of 8.2% during the forecast period. Rising effect of busy lifestyles in developing countries has resulted into the increased demand for processed food & beverages, thus giving a substantial boost to the demand for yeast ingredients in food products. For pet food applications, yeast ingredients are used for making in-situ flavors, savory aroma, and enhance the taste, which results into increased palatability. In developing countries, yeast ingredients market is also evolving in response to rapidly increasing demand for livestock products.

Based on the type, the yeast extracts segment dominated the market, holding the largest share in terms of value in 2014. The increase in consumer preference for savory food products and flavors are projected to drive the market for yeast ingredients across the globe. Yeast extracts are prepared from baker�s yeast or brewer�s yeast. These are mainly used as a natural aromatic ingredient for savory food products such as soups, sauces, meat preparations, and savory mixes. Due to these factors the yeast extracts segment is projected to dominate in the yeast ingredients market during the forecast period.

Based on the application, the yeast ingredients market is divided into food, feed & pet food, pharmaceutical, and others. The food segment accounted for the largest share of the global yeast ingredients market in 2014. Increasing health consciousness and fast-evolving indulgence by consumers are driving the demand for low-salt, low-fat, and no-glutamate food products. Manufacturers of processed food products are targeting consumers with better-for-you low-salt products to boost sales in a stagnating and matured market. This is the key trend shaping the global processed food market. Manufacturers are reverting to various yeast derivatives as their ingredient of choice due to consumer preferences for healthy food.

Based on the source, the yeast ingredients market is divided into baker�s yeast and brewer�s yeast. The baker�s yeast segment accounted for the largest share of the global yeast ingredients market in 2014. Compressed baker�s yeast is the most commonly used product. Commercial baker�s yeast includes products in liquid, creamy or compressed forms, and active dry yeast. Baker�s yeast is a rich source of peptides, amino acids, nucleotides, vitamins, and trace elements. Comparatively higher efficiency and efficient propagation with high performance enabled this source of yeast ingredients to grow at a higher CAGR during the forecast period.

Asia Pacific is projected to witness the fastest growth in the yeast ingredients market during the forecast period. The consumption of food & beverage products in Asia Pacific is rising steadily, driven by the growing population, rising incomes, and increasing urbanization. All these factors support the growth of niche markets such as food ingredients, including yeast ingredients. The market is driven by the growing demand for processed food products in the developing countries, such as India, and China. In the Asia Pacific region, China accounted for the major market of yeast ingredients in 2014. On the account of these factors, the growth of the yeast ingredients market is projected to increase during the forecast period.

One of the major restraining factors for the growth of the yeast ingredients market is the global shortage of yeast raw materials. The baker�s yeast, which is one of the major raw material is majorly dependent on sugar by-product molasses for their growth, although the shortage of molasses is a major concern for the yeast market in many parts of the world. Such a shortage has arisen due to many reasons, poor sugarcane and sugar beet yield being a major one.

The key players such as Associated British Foods Plc (UK), Kerry Group Plc (Ireland, Koninklijke DSM N.V. (DSM) (Netherlands), Lesaffre (France), and LALLEMAND Inc. (Canada) have been actively strategizing their growth strategies to expand in the yeast ingredients market. These companies have a strong presence in Europe and North America. In addition, these companies have manufacturing facilities across these regions with a strong distribution network.

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