USD 6.94 bn growth in Yeast Market from 2020 to 2025 | Evolving Opportunities with AB Mauri Ltd., Alto Ingredients Inc. & AngelYeast Co. Ltd | 17000+ Technavio Reports
NEW YORK, Dec. 17, 2021 /PRNewswire/ -- The yeast market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB Mauri Ltd., Alto Ingredients Inc., AngelYeast Co. Ltd., Associated British Foods Plc, Chr. Hansen Holding AS, Heilongjiang Jiuding Yeast Co. Ltd., Lallemand Inc., Lesaffre and Cie, Oriental Yeast Co. Ltd., and Pak Group are some of the major market participants. The yeast market size is set to grow by USD 6.94 billion from 2020 to 2025, at a CAGR of 9.02% according to the latest report by Technavio.
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Yeast Market 2021-2025:Scope
The report also covers the following areas:
Yeast Market 2021-2025: Drivers & Challenge
The product launches of food and beverages using yeast varieties, new innovations in the yeast industry, strategic initiatives will offer immense growth opportunities. However, the fluctuation in prices of raw materials for yeast products will hamper the market growth. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Yeast Market 2021-2025: Segmentation
- Application
- Food and Beverage
- Feed and Other Yeast Application
- Geography
- Europe
- APAC
- North America
- South America
- MEA
- Type
- Baker's Yeast
- Brewer's Yeast
- Feed Yeast
- Bio-ethanol Yeast
- Other Yeast
Technavio's market research report entails detailed information on the competitive intelligence, marketing gaps, segmentation, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
Yeast Market 2021-2025:Key Regions & Revenue Generating Segment
31% of the market's growth will originate from Europe during the forecast period. France and Germany are the key markets for yeast in Europe. Market growth in this region will be faster than the growth of the market in the North American and South American regions. The rising awareness regarding the use of yeast and its derivative due to its clean label status will facilitate the yeast market growth in Europe over the forecast period.
The yeast market share growth by the food and beverages segment will be significant for revenue generation. The global yeast market in the food and beverage sector is growing at a fast pace and is expected to retain this during the forecast period due to the high demand for specialized yeast to improve the quality of food and beverages.
Yeast Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist yeast market growth during the next five years
- Estimation of the yeast market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the yeast market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of yeast market vendors
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Yeast Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 9.02% |
Market growth 2021-2025 | USD 6.94 billion |
Market structure | Fragmented |
YoY growth (%) | 9.88 |
Regional analysis | Europe, APAC, North America, South America, and MEA |
Performing market contribution | Europe at 31% |
Key consumer countries | US, France, Germany, China, and Japan |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | AB Mauri Ltd., Alto Ingredients Inc., AngelYeast Co. Ltd., Associated British Foods Plc, Chr. Hansen Holding AS, Heilongjiang Jiuding Yeast Co. Ltd., Lallemand Inc., Lesaffre and Cie, Oriental Yeast Co. Ltd., and Pak Group |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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