Yeast is a eukaryotic organism that is unicellular with a completely distinct mechanism from bacteria like prokaryotic organisms. Yeast contains a similar organelle like a mature prokaryotic cell. Cytoskeleton, vacuole, endoplasmic reticulum, mitochondria, Golgi apparatus, and nucleus are some of the vital elements found in the cell. Yeast is a highly versatile microorganism utilized in the production of different food and beverages products. Yeast is highly utilized in bakery products like brown bread, white bread, bun, whole wheat bread, rye bread, and others in huge proportion.
The growing demand for natural resource food additives due to the surging health concerns is driving the growth of the global yeast market. The food safety regulations for the utilization of yeast products will further inhibit the growth of the market globally. The growing consumption of processed food, particularly in the developed and developing regions will also complement the growth of the market. There is a significant spike in the consumption of cake and pastries, majorly among children and millennials globally. Pizza consumption is growing at a rapid pace. Manufacturers are fueling the research and development activities to launch innovative pizza products in the market due to their high demand. However, all these scenarios are likely to contribute vigorously to the growth of the global yeast market in the forthcoming years.
The global yeast market can be segmented into application, form, genus, type, and region.
By application, the market can be segmented into feed and food. The food segment can further be bifurcated into prepared meals, beverages, bakery, and others. The feed segment can further be bifurcated into swine, poultry, cattle, and others.
By form, the market can be segmented into fresh, instant, and active.
By genus, the market can be segmented into kluyveromyces and saccharomyces.
By type, the market can be segmented into wine, probiotics, brewers, bakers, and other types of yeast.
Europe accounts for the largest share in the global yeast market due to the rapidly growing food and beverage sector in the region. The growing demand for processed food in the region, especially among millennials will further accentuate the growth of the regional market.
Asia Pacific is expected to witness significant growth in the forthcoming years due to the growing disposable income of the people in the region. Furthermore, the transforming lifestyle of the people due to the surging health concerns will also fuel the growth of the regional market.
Some of the significant players in the global yeast market are Pakmaya, Agencias Levapan, Foodchem International, SUBONEYO Chemicals Pharmaceuticals P Limited., Halcyon Proteins Pty. Ltd., Pacific Fermentation Industries, Oriental Yeast Co., Ltd., and Chr. Hansen Holding A/S. To cite, Lesaffre group acquired several shares of Biohymn Biotechnology in June 2020 to expand their business.
Having a Master’s Degree in Brewing Technology and overall experience of 6 years in the field of writing, Jerri has been one of the most workaholic and dedicated team members of thefoodbeveragenews.com portal. She has been a part of this portal for 4 years now. Jerri started a career in writing with freelancing and the journey has been worth watching and appraising. She handles the Beverage Industry domain of the portal and along with her team provides all the vital and up-to-the-minute news and reports to the readers in a simple and comprehensible manner.