Rising Demand from End-Use Markets and Favorable Health Profile Boosts Yeast Sales, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Yeast markets. The global market for Yeast is projected to reach US$4.0 billion by the year 2018, primarily driven by the increasing consumer demand for wine, beer, animal feed, bio-ethanol, and bakery products, among others. Sustained demand for Yeast is also attributed to its high nutritional value, which is contributing to its popularity as a health product.
San Jose, California (PRWEB) October 03, 2012
Follow us on LinkedIn – Yeast has been in use for several centuries in manufacturing a wide range of food and beverage products, and is a vital constituent of bread, wine, and beer making processes. The global market for yeast has been growing at a robust pace, and is in fact among the few industries to withstand the negative effects of the economic crises that the world has witnessed over the past few years. Growth is primarily attributed to the increasing demand for wine, beer, animal feed, bio-ethanol, and bakery products among consumers. Also, yeast’s health benefits and the growing demand for natural foods among consumers allowed the market to register buoyant growth even during the recession. With consumers now sure of the relationship between safe health and nutrition, and focusing more on the need for essential ingredients in diet for improved health, and reduced risk to disease, the market for yeast is rapidly on the rise. Yeast’s growing popularity is also attributed to its increasing application as flavor enhancers, in bakery foods, animal feed, brewery, probiotics, and dietary supplements. Rising concerns over digestive health in developed and developing nations, courtesy poor dietary trends, stress, and other health conditions and negative effects of genetically modified organisms on health are fast encouraging consumers to focus on well-balanced and healthy diet, which in turn is driving the demand for yeast at the international level.
Going ahead, the global yeast market is projected to witness positive growth across all applications and segments. Given the increasing demand and penetration of the food & beverage industry, growth prospects for yeast and yeast-based products would remain buoyant in the long term, both in developing and developed countries. Baker’s yeast continues to represent the largest yeast variety, given its large-scale applications in food processing and alcohol fermentation. Brewer’s yeast is another major variety of yeast, which due to its premium pricing offer greater profits for producers in comparison to baker’s yeast. Although growing at a robust pace, the global yeast market is facing considerable challenges that could dent the profitability of yeast manufacturers. Unfavorable economic conditions in North America and Europe, shortage of molasses in China, and rising raw material prices in major markets are major challenges facing the global yeast market.
As stated by the new market research report on Yeast, Europe represents the largest region worldwide. Increasing bread consumption, growth of specialty food sector, advances in formulation and greater demand for natural flavoring and ingredients are the major drivers of growth in the European yeast market. Growth is also attributed to the increasing demand for yeast from Eastern European countries, partly due to the significant increase in consumption of cakes, breads, and pastries, as well as alcoholic beverages. Flavor Enhancers represents the largest application segment of yeast. In the coming years, growth is expected to stem from developing markets in Asia, Latin America and Middle East. China is a lucrative market for yeast owing to the robust growth in the country’s animal breeding and food health industries. Increasing awareness about the health benefits offered by nutrient-rich composition of yeast is also driving demand for the product in China.
Global yeast market is intensely competitive, with large and small players pitching alike against each other. Companies retain their edge over competitors through effective product development and by investing in scientific, human, marketing and financial resources. Major players profiled in the report include AB Mauri, Angel Yeast Co. Ltd., Kerry Group Plc, Lallemand Inc., Lesaffre Group, Ohly GmbH, Royal DSM N.V., Synergy (High Wycombe) Limited, and Zeus IBA SpA.
The research report titled "Yeast: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections for Europe (France, Germany, UK, and Rest of Europe), and Rest of World. The European Yeast market is analyzed by Application including Flavor Enhancers, Bakery, Animal Feed, Brewery, and Others.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.