The Intricacies of Global Yeast Ingredients Market

Yeast Ingredients Market

Yeast Ingredients – What are they and their origins?

Yeast can be defined as the single-cell microorganism (fungus) that converts sugar and starch into carbon dioxide (CO2) bubbles and alcohol. Yeasts are natural ingredients that are used as one of the primary food ingredients in the food processing industry. Yeast ingredients sometimes known as yeast extracts come in various forms that are used in the form of food flavors or additives. Yeast ingredients have now found their place in animal feed, food, and biotechnology, pharmaceutical industries with global yeast ingredients market remaining highly fragmented and competitive.

The history of using yeast ingredients goes back to the time when ancient Egyptians used yeast as a process of fermentation to produce alcoholic beverages. However, it was in 1859 when Louis Pasteur who first discovered how yeast works that helped in using yeast ingredients for various applications. Yeast is widely spread and found in nature such as on the surface of the skin and intestinal tracts of warm-blooded animals where they live as parasites. Yeast ingredients as such are now used to provide taste and flavor to processed food as they offer a very natural way of intensifying and rounding the natural flavor.

Global Yeast Ingredients Market –An Outlook and Summary

The global yeast ingredients can be considered having the fastest growth in the food ingredients market as a replacement of Monosodium Glutamate (MSG), salt, and fat content in the food products. The global yeast ingredients market is estimated worth US$1700 million during 2016 with the global consumption of yeast ingredients amounting to 213.8 KT with a projected CAGR of 7.8%. The yeast ingredients market is estimated to grow at a value of more than US$2.4 billion by the end of 2022. Yeast ingredients market is driven by the rising demand for natural flavors in food products because of health issues associated with the use of synthetic variants.

The economic viability of yeast and its raw material is now used widely accounting for largest share of the entire yeast market value in addition; the growing application of yeast in alcoholic beverages is expected to fuel the global yeast ingredients market. The following trends in global yeast ingredients market is expected to boost the growth as per reputed market research reports due to the following reasons mentioned below-

  • Rising awareness regarding healthy and nutritional food stuff
  • Growing application scope in terms of high demand from food & beverage, pharmaceutical, animal feed and diary industry
  • Yeast ingredients are being used in numerous food and beverage products as taste enhancers and natural flavoring products is propelling the growth of yeast ingredients market.
  • Emerging applications of yeast ingredients in pharmaceuticals, personal care and cosmetics is also the key driving factor for boosting the growth of yeast ingredients market.
  • Superior properties that includes non-toxicity and eco-friendly characteristics of yeast ingredients is one of the key reasons for increasing preference towards the yeast ingredients by the food and feed manufacturers.
  • An increasing awareness towards vegetarianism such as replacement of meat-based bouillons by yeast extracts in various soups and sauces is also contributing towards the use of yeast ingredients in food industry.

Segmentation of Global Yeast Ingredients Market – A Preview

The global yeast ingredients market is segmented by Type, Source, Application and Region with the market further categorized under each of these heads as shown herein below-

Based on Type – the market is segmented into the following categories-

  • Yeast extracts
  • Autolyzed yeast
  • Yeast Cell wall
  • Yeast based flavors

Based on Source – the market is categorized under the heads such as –

  • Baker’s yeast
  • Brewer’s yeast

Based on Application – the market is segmented under-

  • Food
  • Pet & Pet food
  • Pharmaceuticals
  • Others – personal care and cosmetics

Based on Region – the market is divided geographically under the following regions-

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa

Bakers and beverage industry together account for over 72% of the total yeast ingredients requirement with the Baker’s yeast emerging as the most commonly known and employed type for commercial purposes. Geographically, Europe and North America occupies a major share of the global yeast ingredients market with Europe having a share of 36% of the total share of the global yeast ingredients market.

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