Organic Yeasts Market: Research Report Overview by Industry Size, Share, Trends, Growth & Leading Players (2021-2027)

 

As per the research report, 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, the growing need to replace monosodium glutamate (MSG) as an additive in food products, and increased demand for organic food products across the globe are among the major growth drivers of the organic yeasts market. With the increase in awareness among consumers about the benefits of organic food products, the retail sales of organic food products have increased. The US is one of the largest consumers of organic food products in the world, followed by Europe. According to recent industry statistics, organic products are now available in nearly 20,000 natural food stores and nearly 3 out of 4 conventional grocery stores. Organic sales account for over 4% of total U.S. food sales.

Monosodium Glutamate (MSG) helps in enhancing the presence of other taste-active compounds. However, the use of MSG has been clinically proven to have caused health-related issues such as obesity, oxidative stress, renal, and hepatotoxicity. Certain organic yeast manufacturers also claim that the products offered by them can be used as an alternative to MSG. For instance, Koninklijke DSM (Netherlands) claims that their product, Maxarome, can be used in a wide range of food applications instead of MSG.

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Due to the pandemic, “panic-buying” became more prevalent for grocery and food ingredients. The supermarkets witnessed a surge in demand for yeast products, both active and inactive. To meet the demand in the initial phase of the pandemic, several sellers had cut up the bulk product packaging and sold in smaller sachets. With the increase in time spent at home, the trend is to consume home-cooked foods, which, in turn, has led to an increase in demand for flour and yeast products. With the need for convenience and the requirement to cater to their health concerns, consumers have increased their intake of soups, healthy snacks, and salads, which has also encouraged the demand for organic yeast products. Yeast manufacturers, such as Lallemand Inc. (Canada) and Ohly (Germany), are focusing on catering to the challenges and have increased their production capacities. For instance, due to the increase in demand for dietary supplements during the pandemic, Angel Yeast Co., Ltd (China), has witnessed an expansion of its yeast beta-glucan production capacity. In another instance, Bluebonnet Nutrition Corporation (US) has undertaken stringent measures at the plant level and increased its production capacity to meet the growing demand from consumers who are targeting to improve their immunity.

The organic yeast market is highly fragmented. The availability of numerous global and local players across regions makes the industry highly competitive. The key players with a considerable market share in the industry 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. Several M&As along with partnerships have been undertaken by these players to facilitate customers with high-quality and innovative products.

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Insights Presented in the Report

“Amongst Type, Yeast Derivative is anticipated to dominate the market during the analyzed period”

Based on type, the organic yeast market is mainly bifurcated into types such as yeast derivative, inactive dry yeast, and nutritional yeast. In 2020, the Yeast Derivatives segment of the organic yeast market was valued at USD XX Million and is likely to reach USD XX Million by 2027 growing at a CAGR of XX% from 2021-2027 due to increasing consumption of food products such as baked goods, dairy products, etc. is increasing the demand for yeast derivatives in the global market.

“Amongst Species, Saccharomyces segment dominated the market during the forecast period”

Based on the species, the market is mainly fragmented into Kluyveromyces, Torulaspora, Candida, and Saccharomyces. In 2020, the saccharomyces segment accounted for a maximum market revenue share of XX% and is expected to remain dominant during the analyzed period.

“Amongst Form, Powder segment dominated the market during the forecast period”

Based on the form, the market is mainly fragmented into Flakes, Liquid, and Powder. In 2020, the powder segment accounted for a maximum market revenue share of XX% and is expected to remain dominant during the analyzed period.

“Amongst Application, Food & Beverage segment dominated the market during the forecast period”

Based on the application, the market is mainly fragmented into Food & Beverage, Bakery Industry, Pharmaceuticals, Brewing Industry, and Animal Feed. In 2020, the food & beverage segment accounted for a maximum market revenue share of XX% and is expected to remain dominant during the analyzed period.

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“Amongst Distribution Channels, Online segment dominated the market during the forecast period”

Based on distribution channels, the market is mainly fragmented into Online Stores, Retail Stores, and Supermarkets. In 2020, the online segment accounted for a maximum market revenue share of XX% and is expected to remain dominant during the analyzed period.

“Asia-Pacific is among the top contributor in the organic yeast market”

For a better understanding of the market dynamics of the Organic Yeast Market, a detailed analysis was conducted for different regions across the globe 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 organic yeasts market and was valued at USD XX Million in 2020 and is likely to reach USD XX Million by 2027 growing at a CAGR of XX% from 2021-2027.

Customization Options:

Organic Yeasts Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.