Asia Pacific Specialty Yeast Market Size & Growth 2022-2028

Asia Pacific Specialty Yeast Market Size, Share & Industry Trends Analysis Report By Application (Food (Bakery Products, Functional Foods, Savory Products), Beverages, Feed, and Others), By Type, By Species, By Country and Growth Forecast, 2022 - 2028

Published Date: September-2022 | Number of Pages: 101 | Format: PDF | Report ID: KBV-20036

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Market Report Description

The Asia Pacific Specialty Yeast Market would witness market growth of 7.4% CAGR during the forecast period (2022-2028).

It completely naturally adds the finishing touch to many foods and dishes, perfectly balancing their flavors. Low quantities, often less than 1%, of yeast extract are permitted in recipes due to its flavor and strength. Food producers can cut sodium by up to 30% while maintaining flavor owing to specialty yeast.

Due to its potent umami flavor and the unique flavor notes it adds, specialty yeast increases salt perception and makes a recipe tastier. Less salt is required because the flavor profile is strengthened. As a non-animal ingredient, specialty yeast is useful in the creation of delectable vegan and vegetarian products.

Specialty yeast specially creates a lingering impression and amplifies various brown flavor components (coffee, caramel, chocolate, and vanilla), which heightens the perception of sweetness. It also hides the bad flavors that sugars bring. It allows for a reduction in sugar without sacrificing sweetness. To a dish, fat adds flavor, long-lasting impressions, and mouth feel.

The trend toward less sugar demonstrates how significant the change is currently. Asia Pacific nations and consumers are pushing back against items that are thought to contribute to the problem after years in which obesity became a rising health problem. This has created a need for lower sugar products and sugar-replacing products. The specialty yeast is seeing exponential growth in this region. Similar effects are also transpiring in the high salt content foods due to the increasing number of hypertension patients. This has again pushed the demand for specialty yeast.

The China market dominated the Asia Pacific Specialty Yeast Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $367.6 million by 2028. The Japan market is estimated to grow a CAGR of 6.7% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8% during (2022 - 2028).

Based on Application, the market is segmented into Food (Bakery Products, Functional Foods, Savory Products, and Others), Beverages, Feed, and Others. Based on Type, the market is segmented into Yeast Extracts, Yeast Autolysates, Yeast Beta-glucan, and Others. Based on Species, the market is segmented into Saccharomyces Cerevisiae, Kluyveromyces, Pichia Pastoris, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Specialty Yeast Market is Projected to reach USD 4.8 Billion by 2028, at a CAGR of 6.9%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Associated British Foods PLC (Wittington Investments Limited), Archer Daniels Midland Company, Koninklijke DSM N.V., Kerry Group PLC, Lallemand, Inc., Lesaffre Group, Angel Yeast Co., Ltd., Biorigin, Kemin Industries, Inc., and Leiber GmbH.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Food
    • Bakery Products
    • Functional Foods
    • Savory Products
    • Others
  • Beverages
  • Feed
  • Others

By Type

  • Yeast Extracts
  • Yeast Autolysates
  • Yeast Beta-glucan
  • Others

By Species

  • Saccharomyces Cerevisiae
  • Kluyveromyces
  • Pichia Pastoris
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Associated British Foods PLC (Wittington Investments Limited)
  • Archer Daniels Midland Company
  • Koninklijke DSM N.V.
  • Kerry Group PLC
  • Lallemand, Inc.
  • Lesaffre Group
  • Angel Yeast Co., Ltd.
  • Biorigin
  • Kemin Industries, Inc.
  • Leiber GmbH

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Related Reports:

Global Specialty Yeast Market Report 2022-2028

North America Specialty Yeast Market Report 2022-2028

Europe Specialty Yeast Market Report 2022-2028

LAMEA Specialty Yeast Market Report 2022-2028

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