Organic Yeast Market Report 2021: Global Industry Share, Top Key Players, Regional Study, Upcoming Trends and Growth Segments 2027
A comprehensive overview of the organic
yeast market is recently added by UnivDatos Market Insights to its humongous
database. The organic yeast market report has been aggregated by collecting
informative data of various dynamics such as market drivers, restraints, and
opportunities. This innovative report makes use of several analyses to get a
closer outlook on the organic yeast market. The organic yeast market report
offers a detailed analysis of the latest industry developments and trending
factors in the market that are influencing the market growth. Furthermore, this
statistical market research repository examines and estimates the organic yeast
market at the global and regional levels. The Organic Yeast Market is
expected to grow to USD 699.3 Million by 2027.
Market Overview
Increasing demand for organic bakery products will
substantially propel the organic yeast market in the forecast period. The trend
is attributed to the consumer perceptions such as avoiding synthetic chemicals,
higher nutritional value involvement, concerns over antibiotic drug residues,
concerns over the health effects of genetically modified foods and the potential
belief that organic foods are safer and less likely to cause food poisoning.
The yeast is called as organic, when it is part of the 95% of the ingredients
of agricultural origin, by weight. Monosodium glutamate (MSG) is the sodium salt of glutamic acid. It is
used as an additive to offer “umami” taste in food products to improve
palatability. Moreover, it increases the obesity rates in human beings.
Globally, around 2.8 million people die because of being overweight or obese every
year. In most high-income countries this share is in the range of 8 to 10%. The
large outliers among rich countries are Japan and South Korea: there only
around 5% of premature deaths are attributed to obesity.
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The prices for organic food products vary from
conventional products by a margin of 5%-60% for cereals & grains and 5%-30%
for milk and other dairy products. For instance, according to a report by the
USDA, consumers are willing to pay a premium for organic chicken and eggs.
There has been an increase in demand for raw and processed organic foods in
developed countries such as Europe and the US, where consumers are willing to
pay higher, and the awareness about the benefits associated with the
consumption of organic foods is also increasing among consumers.
Covid-19 Impact
The coronavirus
pandemic has made "panic buying" more prevalent in food and
ingredients. Supermarkets have witnessed an increase in demand for yeast
products, both active and inactive. To meet demand in the early stages of the
pandemic, several vendors cut up bulk product packages and sold them in small
bags. As time spent at home increases, there is a tendency to consume food
cooked at home, which increases the demand for flour and yeast products. The
need for convenience food to address health concerns has propelled consumers to
increase their intake of healthy snacks, soups, and salads, which also fueled
the demand for organic yeast products.
Organic Yeast Market
report is studied thoroughly with several aspects that would help stakeholders
in making their decisions more curated.
By
Type, the market is primarily segmented into:
·
Yeast Derivatives
·
Inactive Dry
Yeast
·
Nutritional Yeast
Amongst
Type, the Yeast Derivatives segment of the organic yeast market dominated the
market in 2020 and is expected to remain dominant during the forecast period
2021-2027.
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By
Species, the market is primarily studied into:
·
Kluyveromyces
·
Torulaspora
·
Candida
·
Saccharomyces
Amongst
Species, Saccharomyces accounted for a market valuation of US$D X Million in
2020 and is expected to reach USD X Million by the year 2027, at a CAGR of X%
over the analysed period.
By
Form, the market is primarily studied into:
·
Flakes
·
Liquid
·
Powder
Amongst Form, the Powder
segment dominated the market in 2020 and is expected to grow at a significant
CAGR rate during the forecast period.
By
Application, the market is primarily studied into:
·
Food & Beverage
·
Bakery Industry
·
Pharmaceuticals
·
Brewing Industry
·
Animal Feed
Amongst Application,
Food & Beverage generated for a market valuation 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.
By
Distribution Channel, the market is primarily studied into:
·
Online Stores
·
Retail Stores
·
Supermarkets
Amongst Distribution
Channel, the Online segment generated revenue of USD X Million in 2020 and is expected
to grow at a CAGR of X% during the forecast period to reach a market valuation
of USD X Million by 2027F.
Organic
Yeast Market Geographical Segmentation Includes:
·
North America (The 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)
·
Rest of World (Middle East, and Africa)
The
major players targeting the market includes:
·
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
Competitive Landscape
The degree of
competition among prominent global companies has been elaborated by analyzing
several leading key players operating worldwide. The specialist team of
research analysts sheds light on various traits such as global market
competition, market share, most recent industry advancements, innovative
product launches, partnerships, mergers, or acquisitions by leading companies
in the Organic Yeast market. The leading players have been analyzed by using
research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical
market research report include:
•
What are the latest trends, new patterns, and
technological advancements in the organic yeast market?
•
Which factors are influencing the organic yeast market
over the forecast period?
•
What are the global challenges, threats, and
risks in the organic yeast market?
•
Which factors are propelling and restraining the
organic yeast market?
•
What are the demanding global regions of the organic
yeast market?
•
What will be the global market size in the
upcoming years?
•
What are the crucial market acquisition
strategies and policies applied by global companies?
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you have any custom needs.
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Labels: Organic Yeast Market
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