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The growth of specialty yeast market is due to the rising demand for bakery products and a positive trend in the consumption of alcoholic beverages. Emerging economies such as China, India, and Brazil offer several opportunities for market expansion.<br>https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=231306040
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Marketsandmarkets Presents Specialty Yeast Market : Market Dynamics
Introduction The report "Specialty Yeast Market by Type (Yeast Extracts, Yeast Autolysates, Yeast Beta-glucan, and Other Yeast Derivatives), Species (Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces), Application, and Region – Global Forecast to 2025" The global specialty yeast market is estimated to be valued at USD 2.7 billion in 2019 and is projected to reach about USD 4.0 billion by 2025, at a CAGR of 7.2%. The growth of this market is due to the rising demand for bakery products and a positive trend in the consumption of alcoholic beverages. Emerging economies such as China, India, and Brazil offer several opportunities for market expansion. Browse in-depth TOC on "Specialty Yeast Market“ 67 -Tables 48 - Figures 169 - Pages You can speak to our analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=231306040
Dominating Regions and Key Players The food & beverage industry in the Asia Pacific region is growing due to factors such as the growing demand for dairy products such as cheese and yogurt along with the growth in the market for plant-based alternatives and traditional fermented products. Some of the major trends witnessed in the Asia Pacific region include increasing awareness about health & wellness and the growing demand for products that are natural, pure, and fresh, due to which fermented flavors such as kimchi and kombucha are gaining popularity. Key Players: • Associated British Foods (UK) • Angel Yeast (China) • Lallemand (Canada) • Lesaffre(France) • Chr. Hansen (France)
Market Dynamics • Drivers : • Research & Development Driving Innovation • Increase in Demand for Specialty Yeast Ingredients in Food & Beverage Application • Increase in Demand for Bio-Ethanol as A Fuel • Restraints : • Stringent Food Safety Regulations • Competition for Basic Raw Materials
Opportunities : • Growth in Demand for Clean Label Products in Developed Countries • New Variants of Specialty Yeast Ingredients for Improved Functionality • Yeast as A Promising Protein Source in Feed Products • Challenges : • Commercialization of Duplicate & Low-Quality Products
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