North America 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
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Market Report Description
The North America Specialty Yeast Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
They can be used as flavorings or food additives, or they can be utilized as bacterial culture media's nutrients. They can be found in a wide range of packaged foods, such as frozen dinners, crackers, snack snacks, gravy, stock, and more. They are frequently employed to produce savory flavors and umami taste sensations. They contain a lot of B vitamins. Foods that have undergone fermentation and yeast extracts include glutamic acid (free glutamates), an amino acid that gives umami flavor.
Meat, cheese, fungus (mushrooms and yeast), and vegetables—like broccoli and tomatoes—all contain glutamic acid. Specialty yeast extract is particularly well-liked as a key component in various vegetarian spreads, which frequently include salt, plant extracts, and spices. Specialty yeast gained major attraction as a food spread. This spread usually tastes salty and is made from spent beer yeast, which is the yeast remaining after beer formation.
Although von Liebig's standard method of heat-autolysis with leftover yeast from beer production produces the vast majority of specialty yeast spreads, alternative techniques exist to create specific varieties. When it comes to fermentation, used beer yeast is frequently tainted by bitter compounds from hops, necessitating a "de-bittering" procedure to wash out the majority of this undesirable flavor.
As a region’s primary diet involves bread and meat, the North American region plays a vital role in the specialty yeasts market. In the US, the restaurant and fast food business has always been an ever-growing industry. It is estimated that approximately more than 80 million adults, eat fast food on any given day in the United States. These consumption statistics have also influenced development in the process, manufacture, and delivery systems of this industry as well.
The US market dominated the North America Specialty Yeast Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,023.8 million by 2028. The Canada market is poised to grow at a CAGR of 8.9% during (2022 - 2028). Additionally, The Mexico market would witness 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Specialty Yeast Market is Estimated to reach $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:
- Bakery Products
- Functional Foods
- Savory Products
- Yeast Extracts
- Yeast Autolysates
- Yeast Beta-glucan
- Saccharomyces Cerevisiae
- Pichia Pastoris
- Rest of North America
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.
- Kemin Industries, Inc.
- Leiber GmbH
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