According to the report Yeast Ingredients Market published by Market Data Forecast, the global market is projected to reach USD 2474.81 Million by 2021, at a CAGR of 7.8 % from 2016 to 2021.
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Yeast ingredients are rich mixtures of natural components with momentous taste and a persuading nutritional profile. The yeast ingredients market is greatly segregated and competitive. Yeast extract has a good image and is a favoured ingredient for producers as it can be considered as a clean product.
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The demand for bio-ethanol yeast for fuel making and increasing demand for confectionary and bakery products have been subsidizing to the growth in the Yeast Market. Key factors driving growth in the Latin America yeast market include growing consumption and demand for baked products, a booming alcoholic beverages market and emphasis on refining the quality of animal feed.
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Product Segmentation: By Product Type:
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Yeast Extracts Autolyzed yeast Yeast Cell wall Yeast based-flavours
By Source
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Baker ' s Yeast Brewer ' s Yeast
By Application
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Food Feed and Pet Food Pharmaceuticals Others
By Geography:
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North America Europe Asia-Pacific Latin America Middle-East and Africa