The specialty yeast market is set for a rapid growth over the forecast period. In terms of revenue, the global specialty yeast market accounted for USD 2.8 Billion in 2019 and is expected to reach USD 4.67 Billion by 2026, growing at a CAGR of around 7.6%.
The specialty yeast market is set for rapid growth over the forecast period. In terms of revenue, the global specialty yeast market accounted for USD 2.8 Billion in 2019 and is expected to reach USD 4.67 Billion by 2026, growing at a CAGR of around 7.6%.
Yeast is a eukaryotic single-celled microbe and the first of its kind that came into existence many years ago. The size of the yeast varies massively based on the species and environment. It measures nearly three to four micrometers in diameter size and some of the yeasts can measure up to approximately 40 micrometers in diameter. Specialty yeasts include those that are used in producing alcoholic beverages, baking, ethanol production, bioremediation, nutritional supplements, yeast extract, probiotics, genetically engineered biofactories, and aquarium hobbies.
Large-scale application of the product in sauces, snacks, bakery items, functional diets, and ready-to-eat meat as a result of massive consciousness about its nutritional advantages will boost the business trends. Apart from this, specialty yeasts like yeast extracts are becoming more popular due to the cost-cutting culinary and functional constituents. Additionally, the immense use of the product in the convenience food & beverages sector, as well as its application in evolving non-food sectors, will impel the specialty yeast market size.
Moreover, rapidly altering lifestyles, urbanization, and a rise in the convenience food product demand are likely to accelerate the growth rate of the specialty yeast industry. Furthermore, massive customer inclination for natural or organic foods is expected to drive the market demand over the forthcoming years. Escalating demand for beer and wine due to its large-scale intake in both developing as well as developed countries will not only result in massive product penetration across the alcoholic beverages sector but will also bulge the market earnings.
The specialty yeast market can be sectored into type, application, and species. Based on the type, the industry can be segregated into yeast extracts, yeast derivatives, yeast autolysates, and yeast beta-glucan. Application-wise, the industry can be classified into biotechnology, food, beverages, healthcare, bioethanol, feed, personal care & cosmetics. On the basis of species, the specialty yeast industry is segmented into Kluyveromyces, Saccharomyces Cerevisiae, and Pichia Pastoris.
Europe is projected to dominate the specialty yeast industry growth over the assessment timeline. The regional growth can be credited to the rise in the intake of alcoholic beverages along with the increase in customer knowledge about the health advantages derived due to product consumption.
In addition to this, the industry in the region is rapidly gaining traction owing to the spillover impact of the rapidly expanding food processing sector along with the enforcement of strict laws pertaining to the use of synthetic constituents in various food items.
Moreover, the thriving food & beverage sector in the Asia Pacific due to the escalating popularity of dairy items such as yogurt and cheese will impel the regional market size. In addition to this, massive consciousness pertaining to health & wellness along with burgeoning demand for pure, natural, and fresh food products will proliferate the industry growth in the region. The escalating popularity of fermented flavors like kimchi and kombucha will inflate the growth rate of the regional market.
Global Specialty Yeast Market: Regional Segment Analysis
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Specialty Yeast Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Specialty Yeast Market
FIG. 6 Global Specialty Yeast Market Attractiveness, By Type
FIG. 7 Global Specialty Yeast Market Attractiveness, By Application
FIG. 8 Global Specialty Yeast Market Attractiveness, By Species
FIG. 9 Global Specialty Yeast Market Attractiveness, By Region
FIG. 10 Global Specialty Yeast Market Revenue Share, by Type, 2019 & 2026
FIG. 11 Global Specialty Yeast Market for Yeast Extracts, Revenue (USD Million) 2016 - 2026
FIG. 12 Global Specialty Yeast Market for Yeast Derivatives, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Specialty Yeast Market for Yeast Autolysates, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Specialty Yeast Market for Yeast Beta-glucan, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Specialty Yeast Market Revenue Share, by Application, 2019 & 2026
FIG. 16 Global Specialty Yeast Market for Biotechnology, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Specialty Yeast Market for Food, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Specialty Yeast Market for Beverages, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Specialty Yeast Market for Healthcare, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Specialty Yeast Market for Bioethanol, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Specialty Yeast Market for Feed, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Specialty Yeast Market for Personal Care & Cosmetics, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Specialty Yeast Market Revenue Share, by Species, 2019 & 2026
FIG. 24 Global Specialty Yeast Market for Kluyveromyces, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Specialty Yeast Market for Saccharomyces Cerevisiae, Revenue (USD Million) 2016 - 2026
FIG. 26 Global Specialty Yeast Market for Pichia Pastoris, Revenue (USD Million) 2016 - 2026
FIG. 27 Global Specialty Yeast Market Revenue Share, by Region, 2019 & 2026
FIG. 28 North America Specialty Yeast Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 Europe Specialty Yeast Market Revenue, 2016 - 2026 (USD Million)
FIG. 30 Asia Pacific Specialty Yeast Market Revenue, 2016 - 2026 (USD Million)
FIG. 31 Latin America Specialty Yeast Market Revenue, 2016 - 2026 (USD Million)
FIG. 32 The Middle-East and Africa Specialty Yeast Market Revenue, 2016 - 2026 (USD Million)
List of Tables
TABLE 1 Global Specialty Yeast Market: Snapshot
TABLE 2 Drivers of the Specialty Yeast Market: Impact Analysis
TABLE 3 Restraints for the Specialty Yeast Market: Impact Analysis
TABLE 4 Global Specialty Yeast Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Specialty Yeast Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Specialty Yeast Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 7 North America Specialty Yeast Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 8 North America Specialty Yeast Market Revenue, by Species, 2016 – 2026 (USD Million)
TABLE 9 Europe Specialty Yeast Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 10 Europe Specialty Yeast Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 11 Europe Specialty Yeast Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 12 Europe Specialty Yeast Market Revenue, by Species, 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Specialty Yeast Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 14 Asia Pacific Specialty Yeast Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Specialty Yeast Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Specialty Yeast Market Revenue, by Species, 2016 – 2026 (USD Million)
TABLE 17 Latin America Specialty Yeast Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Latin America Specialty Yeast Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 19 Latin America Specialty Yeast Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 20 Latin America Specialty Yeast Market Revenue, by Species, 2016 – 2026 (USD Million)
TABLE 21 The Middle-East and Africa Specialty Yeast Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 22 The Middle-East and Africa Specialty Yeast Market Revenue, by Type, 2016 – 2026 (USD Million)
TABLE 23 The Middle-East and Africa Specialty Yeast Market Revenue, by Application, 2016 – 2026 (USD Million)
TABLE 24 The Middle-East and Africa Specialty Yeast Market Revenue, by Species, 2016 – 2026 (USD Million)
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed