Growing need for functional bakery products and enhanced production of animal feed has led to an upsurge in demand for yeast globally. In addition, surge in production of the food and beverage products is expected to impact growth of the global market positively. Future Market Insights projects that the global yeast market is expected to register a CAGR of over 8% over the forecast period, 2014-2018.
Growth of the global yeast market is bound to several macro-economic and micro-economic factors. Increasing demand for alcoholic beverages and food products is expected to fuel demand for the yeast in the global market. Moreover, yeast witnesses significant demand during the manufacture of the functional bakery products globally. Attributed to enhanced flavor, aroma, texture and taste, demand for yeast continues to remain high among the manufacturers in the food and beverages industry. As yeast is rich in vitamin B 12 and vitamin B 6, demand for yeast is expected to increase among the food and beverage manufacturers globally. Bound to these factors, demand for yeast is expected to increase during the forecast period.
Replacing the molasses with the filtered dates is further expected to boost demand for yeast in the global market. As the filtered dates are mainly produced from yeast, manufacturers in the food industry are increasingly witnessing increase in demand. Manufacturers in the food industry increasingly use yeast for thickening the dressings and sauces. Further, increasing demand for production of the animal feed that are enriched with various minerals is expected to impact growth of the global yeast market positively. Consumption of yeast lead to various benefits including improved digestion and also helps women in preventing the birth defects during pregnancy. Bound to such factors, the global yeast market is expected to represent an increasing growth during the forecast positively.
On the other hand, increasing competition among the market players will continue to impact growth of the market positively. In addition, growing preference for using the synthetic flavor enhancer is expected to inhibit growth of the global market. Increasing prevalence of yeast allergies and infection is further expected to inhibit growth of the global yeast market during the forecast period.
Segmentation Analysis: The global yeast market is expected to be segmented on the basis of product type, region and distribution channel. On the basis of product type, the global market is segmented as yeast derivatives market, supplement yeast market, autolyzed yeast market and yeast extract market.
The global market of yeast is further segmented on the basis of region as Latin America, North America, Eastern Europe, Western Europe, Japan, Asia Pacific and MEA. Europe and North America among other regions is expected to remain a leading market in the global yeast market positively. However, the yeast market in APAC is expected to witness growing competition as compared to the other regions in the global market.
Market Players: Leading market players operating in the global yeast market include Ab Mauri, Alltech Inc., Chr. Hansen, Ab Vista, Angel Yeast Co. Ltd, Bio Springer S.A., Dsm N.V, and Cargill Incorporated.
Request Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-225