Asia-Pacific Yeast and Yeast Extract Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Asia-Pacific Yeast and Yeast Extract Market is segmented by Type (Baker’s Yeast, Brewer’s Yeast, and Distiller’s and Wine Yeast), Speciality Yeast by Type (Yeast Extracts and Autolysates), By Form (Fresh Yeast, Active Dry Yeast, and Instant Yeast), By Application (Food and Beverages, Feed Industry, Biofuel Industry, and Others), and Geography

Market Snapshot

Asia-Pacific Yeast and Yeast Extract Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 11.51 %

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Market Overview

  • Asia-Pacific Yeast and Yeast Extract market is projected to grow at a CAGR of 11.51% during the forecast period.
  • The shift of the global food processing industry toward the replacement of synthetic food additives with that of clean-labelled ones and the popularity of sodium reduction concept have been the major factors driving the market studied by boosting its value sales.
  • By geography, China led the market revenue owing to production consolidation practiced by the domestic players and high dependency of neighboring countries to meet demand through imports. As a result, global players and their subsidiaries like AB Mauri, BioSpringer, Angel Yeast Co, etc. have dedicated their operations in China to expand their market share at global level.

Scope of the Report

Asia-Pacific yeast and yeast extract market is segmented by type, specialty yeast, form, application, and geography. By type, the market is segmented into baker’s yeast, brewer’s yeast, and distiller’s and wine yeast. On the basis of specialty yeast by type, the market is segmented into yeast extracts and autolysates. Based on form, the market is segmented into fresh yeast, active dry yeast, and instant yeast. Based on application, the market is segmented into food and beverages, feed industry, biofuel industry, and others. Additionally, by geography, the market covers economies like China, Japan, India, and Australia.

Type
Baker's Yeast
Brewer's Yeast
Distiller's and Wine Yeast
Specialty Yeast? Type
Yeast Extracts
Autolysates
Form
Fresh Yeast
Active Dry Yeast
Instant Yeast
Application
Food and Beverages
Feed Industry
Biofuel Industry
Others
Geography
China
Japan
India
Australia
Rest of Asia-Pacific

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Key Market Trends

Food and Beverage Industry Emerged as the Most Promising Application

Food and beverage industry in the region was witnessed as the most promising sector in the consumption of yeast, owing to high consumption of beer and other alcoholic beverages in the countries like China, Japan, and India. On the other hand, growing consumption of bread and baked goods as a result of increased demand of convenience foods, has further boosted the ingredients sales. In fact, according to ITC Trade Map, one of the leading bakery consumer of the region- China has been increasing bakery imports over the years portraying increased demand for baked goods and potential for domestic manufacturers to cater the demand. Consumers are constantly demanding for free-from and specialty bread impacting the inflation on retail prices. This is driving the demand for baker’s yeast in bread and bakery product application.

Asia-Pacific Yeast and Yeast Extract Market1

India to Foster the Market Growth

India – backed by its emerging economy and growing consumer market of food and beverage products, portrays a much promising space for yeast ingredients during the forecast period. However, stringent government regulation and restricted yeast incorporation in food products are few factors considered to be pulling down the sales of yeast as expected. The country’s food regulation organization that is FSSAI in 2019 introduced the provision restricting the yeast count in beer. The authority stated that regular beer must be entirely free of yeast while draught beer to be permitted a ceiling of 40 colony-forming units (CFU), in order to maintain health and safety standards during the brewing and stocking processes, across the microbreweries in the country.

Asia-Pacific Yeast and Yeast Extract Market2

Competitive Landscape

The market is highly competitive with the presence of global and regional level players operating in the market, which include ABFI Group, Koninklijke DSM NV, BioSpringer, Angel Yeast Co.​ High industrial profitability has led manufactures to develop powerful competitive strategies, which is intensifying the competition among the existing market players. Major players are intensely embarking on partnerships and acquisitions as their prime strategy, to consolidate the market studied.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Baker's Yeast

      2. 5.1.2 Brewer's Yeast

      3. 5.1.3 Distiller's and Wine Yeast

    2. 5.2 Specialty Yeast? Type

      1. 5.2.1 Yeast Extracts

      2. 5.2.2 Autolysates

    3. 5.3 Form

      1. 5.3.1 Fresh Yeast

      2. 5.3.2 Active Dry Yeast

      3. 5.3.3 Instant Yeast

    4. 5.4 Application

      1. 5.4.1 Food and Beverages

      2. 5.4.2 Feed Industry

      3. 5.4.3 Biofuel Industry

      4. 5.4.4 Others

    5. 5.5 Geography

      1. 5.5.1 China

      2. 5.5.2 Japan

      3. 5.5.3 India

      4. 5.5.4 Australia

      5. 5.5.5 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Most Active Companies

    3. 6.3 Company Profiles

      1. 6.3.1 Associated British Foods PLC

      2. 6.3.2 AngelYeast Co., Ltd.

      3. 6.3.3 Lesaffre Group

      4. 6.3.4 Chr. Hansen Holding A/S

      5. 6.3.5 Koninklijke Koninklijke DSM NV

      6. 6.3.6 Kerry Group

      7. 6.3.7 Mitsubishi Corporation Life Sciences Limited

      8. 6.3.8 Merck & Co., Inc., d.b.a.

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Asia-Pacific Yeast and Yeast Extract Market market is studied from 2016 - 2026.

The Asia-Pacific Yeast and Yeast Extract Market is growing at a CAGR of 11.51% over the next 5 years.

Associated British Foods PLC , AngelYeast Co., Ltd. , Lesaffre Group , Chr. Hansen Holding A/S are the major companies operating in Asia-Pacific Yeast and Yeast Extract Market .

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