The Organic Yeast Market size is estimated to be valued at USD 364 million in 2020 and is expected to reach a value of USD 599 million by 2025, growing at a CAGR of 10.5% during the forecast period.
Factors such as increasing awareness among consumers about health & wellness, higher adoption of veganism and vegetarianism coupled with the need to find substitutes to monosodium glutamate in food products are driving the growth of the market.
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Europe is projected to account for the largest share during the forecast period due to the presence of leading organic yeast manufacturers, such as Ohly (Germany), Biospringer (France), Leiber GmbH (Germany), and Biorigin (France).
The increase in importance of organic food products and retail sales of organic food products in countries, such as Germany, France, Italy, the UK, and Spain, are also contributing the growth of the organic yeast market. Due to the fast-paced lifestyles of consumers in Europe, the demand for snacks & savory products, bakery products, and meat and dairy products is growing. European countries are among the largest consumers of bakery products, meat, and dairy products, which further widens the scope for utilizing organic yeast.
The organic yeast market is estimated to grow significantly at the fastest rate in the Asia Pacific region due to the rise in demand for natural and organic food ingredients from the major economies such as China, India, Japan and other South East Asian countries as they experience a surge in the increase in number of health conscious consumers.
With the increase in awareness amongst consumers about the essential nutrients requirement in daily diet, have increased the demand for protein rich nutritional supplement. In Asia Pacific, trends around healthy lifestyles and prevention among older consumers trying to avoid expensive healthcare costs and extend healthy lifespans are generating growth opportunities dietary supplements. Thus causing organic yeast to flourish as it acts a high quality nutritional supplement as it contain vitamins, minerals and proteins which helps boost immunity.
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Leading companies operating in the organic yeast market are Koninklijke DSM N.V (Netherlands), Lallemand Inc. (Canada), Biospringer (France), Leiber GmbH (Germany), Ohly (Germany), Levapan (Colombia), Biorigin (Brazil), Agrano Gmbh & Co. KG (Germany), Red Star Yeast Company (US), Angel Yeast Co. Ltd (China), Solgar Inc (US), Imperial Yeast (Portland), Levex (Turkey), and White Labs Copenhagen (US).
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About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
