Tag: Yeast Derivatives Market Forecast

Yeast Derivatives Market Growing on the Backdrop of Surge in Demand for Its End Use Products

Yeasts are well known for their use in brewing, alcohol fermentation, along wine and bread production. In the food industry, yeast derivatives are widely used for their functional qualities such as high nutritional value and the ability to partially substitute salt for taste enhancement.

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Increasing health concerns and health consciousness around the globe is creating a promising market opportunity for healthy and nutritious ingredients. Being a by-product, yeast derivatives are a low-cost food supplements and safe for human and animal consumption. The increasing consumption of food products such as baked goods, dairy products, etc. is increasing the demand for yeast derivatives in the global market.

Global consumption of meat and meat products is increasing and is growing as consumers become more dispersed. The increasing demand for meat is exerting pressure on the meat producers for increasing the yield. Yeast derivatives are used solely for their nutritional benefits in animal feeds and feed products and are likely to witness increasing demand during the forecast period. Additionally, yeast derivatives are also driven by the significant amount of usage in sports nutrition, dietary supplements, and pharmaceutical products.

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Yeast Derivatives Market: Segmentation on the basis of form and end use

The yeast derivatives market can be segmented on the basis of form and end use.

On the basis of form, the yeast derivatives market can be segmented as:

• Tablet/ Pill
• Powder

On the basis of end use, the yeast derivatives market can be segmented as:

• Animal Feed
  • Ruminant
  • Poultry
  • Aquaculture
• Food and Beverages
  • Bakery Products
  • Dairy Products
  • Spreads
  • Cereals
• Dietary Supplements
• Sports Nutrition
• Pharmaceuticals

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Yeast Derivatives Market: Global leaders dominating the yeast derivatives market

The yeast derivatives market is characterized by the presence of number of small-scale to large-scale vendors, who are constantly upgrading and modifying their products to increase their market share. However, higher input cost coupled with increased competition for yeast derivatives have resulted in a decline in their profit margins.

Some of the key players in the yeast derivatives market are Lallemand, Inc., Lesaffre Group, Ohly (Associated British Foods Ingredients), Angel Yeast Co., Ltd., Chr. Hansen A/S, Kerry Group Plc, Revala Ltd., Pak Group (Belarise) and Frontier Co-op.

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