YEAST INGREDIENTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Name: Yeast Ingredients Market Challenges and Opportunities
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Yeast Ingredients Market Size, Yeast Ingredients Market Share, Yeast Ingredients Market Trends, Yeast Ingredients Market Growth, Yeast Ingredients Market Analysis, Yeast Ingredients Market Forecast, Yeast Ingredients Market Report, Yeast Ingredients Industry Report

Yeast Ingredients Market, By Product (Yeast Extracts, Yeast Autolysates, Yeast Beta-glucan, Yeast Derivatives, and Others), By Application (Baking, Beverages, Animal Feed, and Nutraceuticals), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Dec 2024
Code : CMI7667
Pages :135
Formats :
Excel and PDF
Industry : Food and Beverages

This market is projected to exhibit steady growth over the forecast period driven by increasing demand from the food and beverage industry. Rising consumption of bakery and processed food worldwide will boost the sales of yeast extracts and autolysates. Furthermore, growing health-consciousness among consumers has led to higher demand for nutrition-rich yeast extracts. The market is expected to gain from increasing utilization of yeast ingredients as flavor enhancers and protein sources in plant-based meat analogs.
Europe currently dominates the market and is likely to continue its dominance supported by well-established food processing industry in the region. Asia Pacific is poised to witness the fastest growth owing to growing food processing sector and rising disposable incomes in developing countries like China and India.
The price fluctuations in raw material such as sugar may pose challenges to market players. Rising preference for clean label and non-GMO products among health-conscious consumers is opening new opportunities for organic and natural yeast extracts in the market. Players are investing in R&D to develop value-added yeast ingredients with enhanced functionalities.