The Global Specialty Yeast Market will Hit $4.8 Billion by 2028, at a CAGR of 6.9%

Published Date: 23-Sep-2022

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Specialty Yeast Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Specialty Yeast Market size is expected to reach $4.8 billion by 2028, rising at a market growth of 6.9% CAGR during the forecast period.

The Feed segment is showcasing CAGR of 7.9% during (2022 - 2028). Yeast products and feed additives containing yeast are widely utilized in animal diets and are commercially produced, marketed, and distributed all over the world. Some animal diets have unique uses for specialty yeast products, such as selenium yeast (a highly concentrated and accessible source of selenium).

The Yeast Extracts segment acquired maximum revenue share in the Global Specialty Yeast Market by Type in 2021 thereby, achieving a market value of $2.3 billion by 2028. Yeast extracts have been able to significantly expand their market share as a natural ingredient as a result of the recent increase in awareness regarding natural ingredients and goods. A wide range of food products, including soups, sauces, meat preparations, and savory mixes, use it for a variety of desired qualities such as amino acids, carbs, minerals, and vitamins.

The Pichia Pastoris segment has shown the growth rate of 7.5% during (2022 - 2028). A methylotrophic yeast in the family Ascomycetes is called Pichia pastoris. It typically exists in a haploid vegetative condition. Multilateral budding is the method used in vegetative reproduction. Multilateral budding is the method used in vegetative reproduction. One of the most well-known and common methods for producing recombinant proteins in molecular biology is the P. pastoris expression system.

The Europe market dominated the Global Specialty Yeast Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.7 billion by 2028. The North America market is exhibiting a CAGR of 6.5% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 7.4% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/specialty-yeast-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Specialty Yeast Market Segmentation

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 Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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:

North America Specialty Yeast Market size & Opportunities 2022-2028

Europe Specialty Yeast Market & Growth Forecast 2022-2028

Asia Pacific Specialty Yeast Market Share & Industry Outlook to 2028

LAMEA Specialty Yeast Market Growth, Trends & Forecasts 2022-2028

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