Global Yeast Based Ingredients Market to reach USD 4.74 billion by 2027.
Global Yeast Based Ingredients Market is valued approximately at USD 2.73 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.2% over the forecast period 2021-2027. Yeast is a single-cell, living organism and is found in plants, soil, fruits and flower nectar. Yeast is widely used in the food & beverages industry such as in making wine and beer, also in the process of baking. The global Yeast Based Ingredients Market is being driven by growing food & beverages industry in the world that demands more yeast in the production. Another major driving factor for the market is the rising food product launches in which yeast is used as an ingredient. For instance: in 2020, Biospringer launched Springer Proteissimo 101, protein from yeast fermentation for plant-based foods. Also, in 2021, NextFerm Industries launched ProteVin, a vegan, non-GMO, yeast-based protein alternative. Furthermore, the growth in the application of yeast in various other end uses such as cosmetics, pharmaceuticals and others and rising awareness among the consumers regarding the health benefits provided by the yeast will provide new opportunities for the global Yeast Based Ingredients Market industry. However, lack of availability of raw material high competition between market players may impede market growth over the forecast period of 2021-2027.

The regional analysis of the global Yeast Based Ingredients Market Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region across the world in terms of market share due to growing population and enhanced standards of living have stimulated product demand in the region. Whereas North America is anticipated to exhibit the highest CAGR over the forecast period 2021-2027, due to the shifting consumer inclination for organic fabric and cotton in textile applications in the region.

Major market player included in this report are:
Cargill Incorporated
Angel Yeast Co., Ltd.
Kerry Inc
SUBONEYO Chemicals Pharmaceuticals P Limited.
Novozymes
Associated British Foods plc
DSM
Chr. Hansen Holding A/S, Biorigin
Synergy Flavors
LALLEMAND Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Yeast Extracts
Autolyzed Yeast
Yeast Cell Wall
Yeast-Based Flavours
By Source:
Baker's Yeast
Brewer's Yeast
By Application: Food
Feed & Pet Food
Pharmaceuticals
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Yeast Based Ingredients Market Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors