Yeast Ingredients Market is expected to grow with a CAGR of 7.9% from 2023 to 2030.
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Yeast ingredients refer to components derived from yeast, a type of single-celled fungus belonging to the kingdom Fungi. Yeast is widely utilized in the food and beverage industry for its unique properties, which include fermentation capabilities, flavor enhancement, and nutritional benefits. Various yeast-derived ingredients are incorporated into a range of products, contributing to both the functional and sensory aspects of the final goods.
This report describes the global market size of Yeast Ingredients Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 7.9% from 2023 to 2030.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Yeast Ingredients Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 7.9% during the forecast period 2023-2030. North American market for Yeast Ingredients Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Yeast Ingredients Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
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By Product
Yeast Extracts
Yeast Autolysates
Yeast Beta-Glucan
Yeast Derivatives
Others
The yeast extracts sector accounted for 36.9% of total revenue in 2022 and is predicted to grow at a CAGR of 8.9% during the forecast period. Beneficial components isolated by autolysis are referred to as yeast extract. It includes nucleotides, amino acids, vitamins, minerals, and other substances. It is an important ingredient in the food and beverage industries.
High nutritional value, salt content reaction, and taste and flavor enhancer are key qualities that promote the need for extracts in the industry. It is commonly found in soups, savory mixtures, dairy products, processed foods, and other applications. Companies are focusing on significant technical advances and product portfolio expansion strategies.
By Application
Food
Feed
Others
The food segment had the highest revenue share of 59.9% in 2022 and is predicted to grow at an 8.2% CAGR throughout the projection period. The product's demand for culinary applications is expected to increase in the coming years as people want balanced diets.
Rising calorie-reduction awareness in major markets such as the United States, China, and Italy is likely to drive the use of yeast ingredients in the health and wellness segment. This, in turn, is expected to drive market growth throughout the forecast period.
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By Company
Lallemand Inc.
ECPlaza Network Inc.
Cangzhou YaTai Commercial & Trade Co., Ltd
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