Yeast Ingredient Market to 2020 – Industry Analysis, Trends: Grand View Research, Inc.

Grand View Research, Inc: Global Yeast Ingredient Market, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Growth of food industry coupled with advances in the pharmaceuticals is anticipated to drive yeast market growth over the forecast period. Growing demand for bakery, coupled with increasing animal feed and alcoholic beverage consumption are presumed to augment the yeast market over the next six years. Increasing ready-to-cook & convenience food demand is expected to bolster the market growth. Growing awareness of the yeasts nutritional benefits is expected to further benefit the market growth. Wide acceptance of bio-ethanol as a renewable fuel as well as in the bio-technology and pharmaceutical industry is expected to compliment the yeast market growth. For More Information on "Yeast Ingredient Market Research Reports" visit http://www.grandviewresearch.com/industry-analysis/yeast-ingredientmarket

However, supply demand imbalances resulting from raw material shortage may retard market profitability for the market participants. Baker’s yeast was the leading application market, followed by other applications such as animal feed industry, bio-ethanol production and wine & brewery industry. Though currently small, specialized yeast market consisting of beat glucan yeast, yeast autolyzed and yeast extracts is expected to witness rapid growth in the near future. Yeast extracts was the most consumed specialty yeast products, owing to their widespread use as flavors in the food industry.

Europe was the most dominant regional market in 2013, followed by Asia Pacific and North America. Germany, France, Italy and U.K. dominate the European yeast market while India, China, South Korea and Australia play a similar role in Asia Pacific. Baker’s yeast was the most prevalent yeast application in U.S and bioethanol is the fastest growing application segment in Canada. Innovation capabilities and superior...