Global Market for Yeast Ingredients is Projected to Grow at Competitive CAGRs of 8.2%

Date: 2015-08-10

“Yeast ingredients are rich blends of natural components with significant taste and an influencing nutritional profile. These ingredients have prolific applicability in food, feed, pharmaceutical, personal care, and cosmetics industries. Yeast ingredients possess unique characteristics to reduce salt and fat contents in processed food products and are a competent substitute for MSG. Keeping in view these benefits, food manufacturers are coming up with new products based on natural yeast ingredients to meet the demands of its health-conscious customers and match the food safety criteria of various regulating authorities.
This report provides a complete analysis of the key companies and a chronology of developments with respect to new products, investments & expansion, acquisitions, and agreements. It also analyzes the market dynamics. The report also highlights key market drivers and restraints for the key regions of the world. 

Leading players such as Associated British Foods plc (U.K.), Kerry Group plc (Ireland), Royal DSM N.V. (The Netherlands), Sensient Technologies Corporation (U.S.), Angel Yeast Co., Ltd (China), Lesaffre Group (France), Leiber GmbH (Germany), and LALLEMAND Inc. (Canada) among others have been profiled in the report.  To maintain a competitive edge in the yeast ingredients market, the key players were observed to prefer new product development strategy to serve a broad range of industries. New technologies have initiated the emergence of innovative products that could help in cost-reduction. Developing countries present a viable market for manufacturers, as these regions are emerging as potential markets with the availability of raw materials.

The global market for yeast ingredients is projected to grow at competitive CAGRs of 8.2% and 8.0%, in terms of value and volume respectively, from 2015 to 2020. Europe led the market for yeast ingredients in 2014, in terms of value and volume owing to stringent regulations for synthetic ingredients and substantial growth in the processed food industry, resulting from high consumption of food products such as bakery, R.T.E., sauces & savory mixes, dairy, and meat products among others. The market in the Asia-Pacific is estimated to grow at a higher rate as compared to the matured markets of developed economies. 

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