The global yeast market is projected to grow at a CAGR of 9% during 2019 to 2024. The growth of yeast market is driven by growth of the bakery industry, increase in demand for convenience food products, positive growth trend in alcoholic beverages consumption, growth in demand for bioethanol as a fuel, and increase in demand for specialty yeast products.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global yeast market
by product type (baker’s yeast, brewer’s yeast, wine yeast, feed yeast,
bioethanol yeast, and others), application (food, feed, and others), form (dry
yeast, instant yeast, fresh yeast, and others), and region (North America,
Europe, Asia-Pacific, and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the yeast market?
Q.4 What are some
changing demands of customers in the yeast market?
Q.5 What are the new
developments in the yeast market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this yeast area and how big of a threat
do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this yeast market?
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Market Segmentation:
Based on product type,
the yeast market is segmented into baker’s yeast, brewer’s yeast, wine yeast,
feed yeast, bioethanol yeast, and others. The baker’s yeast segment accounted
for the largest share of the market in 2020 and is expected to register the
highest CAGR during the forecast period.
Europe is the largest
market over the forecast period due to increasing consumption of processed food
products, increasing alcohol consumption, and increasing awareness about the
nutritive value of yeast.
Key Players in the yeast
market are Associated British Foods, Angel Yeast, Lallemand, Leiber, Lesaffre,
Alltech, Chr. Hansen Holdings, Koninklijke DSM, Oriental Yeast, and Synergy
Flavors.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/yeast-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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