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The future of the yeast and yeast extract market looks promising with opportunities in the food & beverage, animal feed, and biofuel markets. The global yeast and yeast extract market is expected to grow with a CAGR of 8% to 10% from 2021 to 2026. The major drivers for this market are growth of the bakery industry, increase in demand for convenience food products, positive growth trend in alcoholic beverage consumption, growth in demand for bioethanol as a fuel, and increase in demand for specialty yeast products.
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The study includes trends and forecasts for the global yeast and yeast extract market by product type, application, technology, form, and region as follows:
By Product Type [Volume (kilotons) and $M shipment analysis for 2015 – 2026]:
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Baker's Yeast
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Brewer's Yeast
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Wine Yeast
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Feed Yeast
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Others
By Application [Volume (kilotons) and $M shipment analysis for 2015 – 2026]:
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Food & Beverages
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Bakery & Confectionery
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Beverages
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Others
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Animal Feed
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Biofuel Industry
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Others
By Technology [Volume (kilotons) and $M shipment analysis for 2015 – 2026]:
By Form [Volume (kilotons) and $M shipment analysis for 2015 – 2026]:
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Fresh Yeast
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Active Dry Yeast
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Instant Yeast
By Region [Volume (kilotons) and $M shipment analysis for 2015 – 2026]:
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North America
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United States
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Canada
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Mexico
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Europe
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Germany
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United Kingdom
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France
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Italy
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Asia Pacific
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China
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Japan
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India
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South Korea
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The Rest of the World
Autolyzed technology will remain the largest segment due to its distinguished taste in various food applications, such as bakery products.
Food and beverages will remain the largest application segment and witness the highest growth during the forecast period due to increasing usage in bakery application.
North America will remain the largest region in the forecast period due to rising demand for bakery products and alcoholic beverages in the region among consumers.
Some of the yeast and yeast extract companies profiled in this report include ABF Group, Angel Yeast Co., BioSpringer, Chr. Hansen, DSM, Kerry Group, Kohjin Life Sciences, Lallemand Inc, Leiber GmbH, Synergy Flavors, and Oriental Yeast Co., Ltd.
Features of Yeast and yeast extract Market |
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Market Size Estimates: Yeast and yeast extract market size estimation in terms of value ($M) an kilotons
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Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
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Segmentation Analysis: Market size by product type, application, technology, and form
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Regional Analysis: Yeast and yeast extract market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different product type, application, technology, form, and regions for yeast and yeast extract market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the yeast and yeast extract market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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This report answers following 11 key questions |
Q.1 What are some of the most promising potential, high-growth opportunities for the global yeast and yeast extract market by product type (baker's yeast, brewer's yeast, wine yeast, feed yeast and others), application (food and beverages (bakery and confectionery, beverages and others), animal feed, biofuel industry, and others), technology (autolyzed and hydrolyzed), form (fresh yeast, active dry yeast, and instant yeast), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the yeast and yeast extract market?
Q.5 What are the business risks and threats to the yeast and yeast extract market?
Q.6 What are emerging trends in this yeast and yeast extract market and the reasons behind them?
Q.7 What are some changing demands of customers in the yeast and yeast extract market?
Q.8 What are the new developments in the yeast and yeast extract market? Which companies are leading these developments?
Q.9 Who are the major players in the yeast and yeast extract market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the yeast and yeast extract market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the yeast and yeast extract market? |