Organic Yeasts Market is expected to a market valuation of almost US$ 700 million in 2027 and is expected to grow at a significant CAGR of 9% during the forecast period (2021-2027).
Factors such as increasing
awareness among consumers about health & wellness, need to replace
monosodium glutamate (MSG) as an additive in food products, and increased
demand for organic food products across the globe is driving the growth of the
Organic Yeast Market. With rising awareness among consumers about the benefits
of organic food products, the retail sales of organic food products have
increased including organic yeast ingredient. The US is one of the largest
consumers of organic food products in the world, followed by Europe. The
largest markets for organic food products in Europe are Germany, France, and
Italy. According to a report by “European Research Organization of
Organic Agriculture” in 2017, the market for organic food products is growing
in countries such as Brazil, Mexico, Chile, and Paraguay. As per a survey
conducted by “European Research Organization of Organic Agriculture” on
Standards and Legislations, nearly 93 countries had set organic standards in 2018. The number of countries developing regulations and
standards for organic products is increasing.
The report “Organic Yeast Market: Current Analysis and Forecast (2021-2027)” by UnivDatos delivers a comprehensive analysis of type, species, form, application, distribution channel, end user, and region.
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Global Organic Yeast Market Segmentation
By Type:
Yeast Derivatives
Inactive Dry Yeast
Nutritional Yeast
By Species:
Kluyveromyces
Torulaspora
Candida
Saccharomyces
By Form:
Flakes
Liquid
Powder
By Application:
Food & Beverage
Bakery Industry
Pharmaceuticals
Brewing Industry
Animal Feed
By Distribution Channel:
Online Stores
Retail Stores
Supermarkets
By Region:
North America
United States
Canada
Mexico
Rest of North America
Europe
France
United Kingdom
Germany
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia & New Zealand
South Korea
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Rest of World
Middle East
Africa
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Based on type, the market has been
further segmented into Yeast Derivative, Inactive Dry Yeast, and Nutritional
Yeast. The Yeast Derivatives segment dominated the market in 2020. Amongst
species, the market is divided into different species Kluyveromyces, Torulaspora, Candida, and Saccharomyces. The Species, Saccharomyces
generated revenue of USD X Million in 2020 and is expected to reach USD X
Million by the year 2027, at a CAGR of X% over the analyzed period. Based on form, the market has been bifurcated into
Flakes, Liquid, and Powder. Based on application, the market has been further
segmented into Food & Beverage, Bakery Industry, Pharmaceuticals, Brewing
Industry, and Animal Feed. Food & Beverages segment generated highest
revenue share, generated revenue of USD X Million in 2020. Based on
distribution channel, the market has been bifurcated into Online Stores, Retail
Stores, and Supermarkets. By Distribution Channel, the online segment leads the
sale of organic yeast product in 2020 and is expected to grow at a CAGR of X%
during the forecast period. Additionally, the report provides detailed analysis
and adoption of organic yeast in major regions including North America (United
States, Canada, Mexico, and Rest of North America), Europe (France, United
Kingdom, Germany, Spain, Italy, and Rest of Europe), Asia Pacific (China,
India, Japan, Australia & New Zealand, South Korea, and Rest of
Asia-Pacific), South America (Brazil, Argentina, and Rest of South America),
and Rest of World (Middle East, and Africa). Asia-Pacific dominated the market
in 2020.
The market is highly fragmented
due to the presence of different large, small, and medium-scale players. The
market of Organic Yeast is highly competitive. Some of the key players that
hold major market share include companies are:
·
Koninklijke DSM N.V
·
Angel Yeast Co. Ltd
·
Ohly
·
White Labs Copenhagen
·
Doves Farm Foods Ltd.
·
Martin Braun-Gruppe
·
Nutraceutical
International Corporation
·
Lesaffre
·
Lallemand
·
Imperial Yeast
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