Product Code: PM2523
The global specialty yeast market size is expected to reach USD 5.59 billion by 2030 according to a new study by Polaris Market Research. The report "Specialty Yeast Market Share, Size, Trends, Industry Analysis Report, By Type (Yeast Extracts, Yeast Autolysates, Yeast Beta-glucan, Other Yeast Derivatives); By Species (Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces, Others); By Application; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Due to the growing health concerns caused by the increased use of food additives and the issues surrounding the safety of some artificial food additives, specialty yeast is becoming increasingly important and in demand. They are extensively utilized in baking, savory foods, snacks, sauces, and other food-related applications, which in turn fuels the need for specialty yeast.
Specialty yeast extract has also been widely used in food products for a long time due to its distinctive flavor. The business is primarily driven by shifting consumer preferences, a trend toward healthier food options, growth in demand for natural and organic food items, and consumers' attraction to plant-based goods.
Furthermore, in order to increase sales, manufacturers concentrate on diversifying their product offerings, developing effective marketing plans, and becoming more accessible to consumers. However, the supply chain is anticipated to pose the biggest challenge during the pandemic; thus, the key players in the sector concentrate on product diversity and pursue sales through e-Commerce or online portals.
Asia Pacific region accounts for the fastest growing region in the industry. The rise in growth is driven by rising consumer spending, expanding urbanization, and the busy schedule of the working population.
Some of the major players include Chr. Hansen Holding A/S, ADM, Aria Ingredients, Associated British Foods Plc, Kerry Group Plc., Biorigin, DSM, Foodchem International Corporation, Kemin Industries, Inc., Angelyeast Co., Ltd., Kohjin Life Sciences Co., Ltd., Lallemand Inc., Leiber, Lesaffre, and Levex.
Specialty Yeast Market Report Highlights
In the type segment, yeast autolysates account for the second-fastest growing segment due to the increasing awareness of nutritious food products
In the application segment, the Beverages segment accounts for the second-largest market share due to the rise in consumption of alcoholic beverages
Asia Pacific accounts for the fastest growing region owing to the growing demand for organic products along with favoring healthy well-being is boosting the industry in this region
The global market is highly competitive owing to the existence of large industry players with global presence Kerry Group Plc., Biorigin, DSM, Foodchem International Corporation, Kemin Industries, Inc.
Polaris Market Research has segmented the specialty yeast market report based on type, species, application, and region:
Specialty Yeast, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Yeast Extracts
Yeast Autolysates
Yeast Beta-Glucan
Others
Specialty Yeast, Species Outlook (Revenue - USD Billion, 2018 - 2030)
Saccharomyces Cerevisiae
Kluyveromyces
Pichia Pastoris
Others
Specialty Yeast, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Food
Bakery Products
Functional Foods
Savory Products
Other Food Applications
Beverages
Feed
Other Applications
Specialty Yeast, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Specialty Yeast Market Insights
- 4.1. Specialty Yeast - Industry Snapshot
- 4.2. Specialty Yeast Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing demand for specialty yeast ingredients in food & beverage applications
- 4.2.1.2. Increasing demand for bio-ethanol as a fuel
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Stringent food safety regulations
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Specialty Yeast Market Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Specialty Yeast Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 5.3. Extracts
- 5.3.1. Global Specialty Yeast Market, by Extracts, by Region, 2018 - 2030 (USD Billion)
- 5.4. Autolysates
- 5.4.1. Global Specialty Yeast Market, by Autolysates, by Region, 2018 - 2030 (USD Billion)
- 5.5. Beta-Glucan
- 5.5.1. Global Specialty Yeast Market, by Beta-Glucan, by Region, 2018 - 2030 (USD Billion)
- 5.6. Others (Flavor Enhancers, Saccharides, and Pigments)
- 5.6.1. Global Specialty Yeast Market, by Non-Surgical, by Others (Flavor Enhancers, Saccharides, and Pigments), by Region, 2018 - 2030 (USD Billion)
6. Global Specialty Yeast Market, by Species
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 6.3. Saccharomyces Cerevisiae
- 6.3.1. Global Specialty Yeast Market, by Saccharomyces Cerevisiae, by Region, 2018 - 2030 (USD Billion)
- 6.4. Kluyveromyces
- 6.4.1. Global Specialty Yeast Market, by Kluyveromyces, by Region, 2018 - 2030 (USD Billion)
- 6.5. Pichia Pastoris
- 6.5.1. Global Specialty Yeast Market, by Pichia Pastoris, by Region, 2018 - 2030 (USD Billion)
- 6.6. Other Species (Torulaspora Delbrueckii, Metschnikowia Fructicola, And Candida Queretana)
- 6.6.1. Global Specialty Yeast Market, by Other Species (Torulaspora Delbrueckii, Metschnikowia Fructicola, And Candida Queretana), by Region, 2018 - 2030 (USD Billion)
7. Global Specialty Yeast Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 7.3. Food
- 7.3.1. Global Specialty Yeast Market, by Food, by Region, 2018 - 2030 (USD Billion)
- 7.3.2. Bakery Products
- 7.3.2.1. Global Specialty Yeast Market, by Bakery Products, by Region, 2018 - 2030 (USD Billion)
- 7.3.3. Functional Foods
- 7.3.3.1. Global Specialty Yeast Market, by Functional Foods, by Region, 2018 - 2030 (USD Billion)
- 7.3.4. Savory Products
- 7.3.4.1. Global Specialty Yeast Market, by Savory Products, by Region, 2018 - 2030 (USD Billion)
- 7.3.5. Other Food Applications (Soups, Sauces, Snacks, Food Flavors, And Seasonings)
- 7.3.5.1. Global Specialty Yeast Market, by Other Food Applications (Soups, Sauces, Snacks, Food Flavors, And Seasonings), by Region, 2018 - 2030 (USD Billion)
- 7.4. Beverages
- 7.4.1. Global Specialty Yeast Market, by Beverages, by Region, 2018 - 2030 (USD Billion)
- 7.5. Feed
- 7.5.1. Global Specialty Yeast Market, by Feed, by Region, 2018 - 2030 (USD Billion)
- 7.6. Other Applications (Healthcare, Bioethanol, Biotechnology, Personal Care, And Cosmetics)
- 7.6.1. Global Specialty Yeast Market, by Other Applications (Healthcare, Bioethanol, Biotechnology, Personal Care, And Cosmetics), by Region, 2018 - 2030 (USD Billion)
8. Global Specialty Yeast Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Specialty Yeast Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 8.3. Specialty Yeast Market - North America
- 8.3.1. North America: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.3.2. North America: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.3.3. North America: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.3.4. Specialty Yeast Market - U.S.
- 8.3.4.1. U.S.: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.3.4.2. U.S.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.3.4.3. U.S.: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.3.5. Specialty Yeast Market - Canada
- 8.3.5.1. Canada: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.3.5.2. Canada.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.3.5.3. Canada: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4. Specialty Yeast Market - Europe
- 8.4.1. Europe: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.2. Europe.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.3. Europe: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4.4. Specialty Yeast Market - UK
- 8.4.4.1. UK: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.4.2. UK.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.4.3. UK: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4.5. Specialty Yeast Market - France
- 8.4.5.1. France: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.5.2. France.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.5.3. France: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4.6. Specialty Yeast Market - Germany
- 8.4.6.1. Germany: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.6.2. Germany.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.6.3. Germany: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4.7. Specialty Yeast Market - Italy
- 8.4.7.1. Italy: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.7.2. Italy.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.7.3. Italy: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4.8. Specialty Yeast Market - Spain
- 8.4.8.1. Spain: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.8.2. Spain.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.8.3. Spain: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4.9. Specialty Yeast Market - Netherlands
- 8.4.9.1. Netherlands: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.9.2. Netherlands.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.9.3. Netherlands: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.4.10. Specialty Yeast Market - Russia
- 8.4.10.1. Russia: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.4.10.2. Russia.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.4.10.3. Russia: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.5. Specialty Yeast Market - Asia Pacific
- 8.5.1. Asia Pacific: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.5.2. Asia Pacific.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.3. Asia Pacific: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.5.4. Specialty Yeast Market - China
- 8.5.4.1. China: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.5.4.2. China.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.4.3. China: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.5.5. Specialty Yeast Market - India
- 8.5.5.1. India: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.5.5.2. India.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.5.3. India: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.5.6. Specialty Yeast Market - Malaysia
- 8.5.6.1. Malaysia: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.5.6.2. Malaysia.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.6.3. Malaysia: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.5.7. Specialty Yeast Market - Japan
- 8.5.7.1. Japan: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.5.7.2. Japan.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.7.3. Japan: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.5.8. Specialty Yeast Market - Indonesia
- 8.5.8.1. Indonesia: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.5.8.2. Indonesia.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.8.3. Indonesia: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.5.9. Specialty Yeast Market - South Korea
- 8.5.9.1. South Korea: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.5.9.2. South Korea.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.5.9.3. South Korea: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.6. Specialty Yeast Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.6.2. Middle East & Africa.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.3. Middle East & Africa: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.6.4. Specialty Yeast Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.4.3. Saudi Arabia: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.6.5. Specialty Yeast Market - UAE
- 8.6.5.1. UAE: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.6.5.2. UAE.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.5.3. UAE: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.6.6. Specialty Yeast Market - Israel
- 8.6.6.1. Israel: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.6.6.2. Israel.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.6.3. Israel: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.6.7. Specialty Yeast Market - South Africa
- 8.6.7.1. South Africa: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.6.7.2. South Africa.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.6.7.3. South Africa: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.7. Specialty Yeast Market - Latin America
- 8.7.1. Latin America: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.7.2. Latin America.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.3. Latin America: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.7.4. Specialty Yeast Market - Mexico
- 8.7.4.1. Mexico: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.7.4.2. Mexico.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.4.3. Mexico: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.7.5. Specialty Yeast Market - Brazil
- 8.7.5.1. Brazil: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.7.5.2. Brazil.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.5.3. Brazil: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
- 8.7.6. Specialty Yeast Market - Argentina
- 8.7.6.1. Argentina: Specialty Yeast Market, by Type, 2018 - 2030 (USD Billion)
- 8.7.6.2. Argentina.: Specialty Yeast Market, by Application, 2018 - 2030 (USD Billion)
- 8.7.6.3. Argentina: Specialty Yeast Market, by Species, 2018 - 2030 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. ADM
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Angelyeast Co., Ltd
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Aria Ingredients
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Associated British Foods Plc
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Biorigin
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Chr. Hansen Holding A/S
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. DSM
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Foodchem International Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Kemin Industries, Inc
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Kerry Group Plc
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Kohjin Life Sciences Co., Ltd
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Lallemand Inc
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Leiber
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Lesaffre
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Levex
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development