Yeast Ingredient Market Research Report To 2020: Grand View Research, Inc.
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Yeast Ingredient Market Research Report To 2020: Grand View Research, Inc.

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Growing demand for nutritional and convenience food is expected to drive global yeast ingredient market growth. Increasing awareness among people regarding healthy and nutritious food is expected to further strengthen the global market growth. Yeast ingredients have wide range of applications in food and feed industries as taste enhancers and natural ingredients respectively. Their increasing consumption in these industries is expected to further drive the market growth over the forecast period.

Increasing yeast ingredients penetration in pharmaceutical industry, canned foods, dairy products and baked products is expected to provide market participants ample opportunities to grow. Yeast extracts have been touted as a potential alternative of salts used in food & beverages industry. This trend is expected to further complement the global yeast ingredient market growth. Global yeast ingredient market is expected to grow significantly owing to its increasing penetration in medical industry. Increasing disposable income has lead to preference for high quality processed food, which in turn is expected to further uplift the market growth. Raw material availability on account of supply-demand bottlenecks is expected to pose challenges to the global yeast ingredient market. Molasses is a key ingredient for other industries as well, which is expected to limit its supply in the yeast ingredient market.

Asia Pacific is expected to register high growth rate on account of high conventional food demand. Increasing food demand due to growing population in countries such as India and China is expected to drive the Asia Pacific market growth. North American market is expected to be driven by high processed food demand. Increasing income levels and growing processed food industry in Eastern European countries is expected to drive yeast ingredients demand in Europe.

Key players operating in the global market include Royal DSM N.V., Kerry Group PLC, Lallemand Inc., Synergy Ltd., Angel Yeast Co. Ltd., Altech Inc., Dohler Group, Associated British Food PLC. and Lesaffre Group.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.