Market Overview:
The global fortified yeast market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fortified yeast products in the food and beverage industry, as well as other applications such as dietary supplements and personal care products. In terms of type, the food grade segment is expected to dominate the global fortified yeast market during the forecast period, followed by feed grade and other segments. North America is expected to lead the global fortified yeast market in terms of revenue during 2018-2030, followed by Europe and Asia Pacific.
Product Definition:
A yeast that has been enriched with additional nutrients, such as minerals and vitamins. Fortified yeast is used to make breads and other baked goods rise more quickly and to produce a higher-quality loaf.
Food Grade:
Food grade refers to the quality of products that are intended for human consumption. It is a term used in connection with yeast, which is produced by fermentation of sugar by microorganisms such as bacteria and fungi. Food grade yeast finds application in bakery products, dairy items, processed foods & beverages and animal feed among others.
Feed Grade:
Feed grade refers to the quality of animal feed and it's intended use. It is a by-product obtained from the processing of slaughterhouse wastes, including bones, blood meal & meat meals, and other tissues. The main function of feed grade is to provide nutrition required for growth & development along with providing rumen stability (the state in which no gas is produced).
Application Insights:
Food and beverages was the dominant application segment in 2017. The fortified yeast is added to bakery, dairy, meat products, processed food and beverages (PF&B) such as chips & snacks; cookies; crackers; cheese; yogurt & ice cream among others. Growing demand for low-calorie foods has led to a surge in demand for PF&B which is expected to fuel market growth over the forecast period.
The growing popularity of sports nutrition has also driven the demand for dietary supplements which are high in protein content and fortified with vitamins & minerals. Yeast offers several health benefits including weight management, cholesterol reduction along with improved digestion owing to its fiber content. These factors are anticipated to drive fortification of yeast within dietary supplements application over the forecast period thereby driving market growth globally for fortified yeast in dietary supplement applications during 2018 - 2030 (USD Million).
Regional Analysis:
Asia Pacific dominated the global fortified yeast market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major part of global population, which makes it a key consumer of nutritional products. Increasing disposable income levels and growing middle-class populations in countries such as China, India, Thailand, Vietnam are expected to drive demand from personal care products to higher value added food items.
Europe was the second largest regional segment accounting for 26% of total revenue share in 2016 on account of rising demand from personal care sector due to increasing aging population coupled with rising awareness regarding health benefits associated with fortification yeast extracts. North America is also likely have significant growth opportunities over the next eight years owing to high prevalence rate chronic diseases such as obesity & diabetes among consumers coupled with government support for fortification initiatives aimed at improving overall nutrition across U.S.
Growth Factors:
- Increasing demand for fortified foods and beverages: The global fortified yeast market is expected to grow at a CAGR of 5.5% from 2016 to 2021, owing to the increasing demand for fortified foods and beverages across the globe. Fortified yeast helps in providing essential nutrients such as vitamins, minerals, and proteins that are required by the body for its proper functioning.
- Rising awareness about the benefits of fortification: There is a growing awareness among consumers about the benefits of fortification, which is driving them to opt for fortified food products over their non-fortified counterparts. This is further propelling the growth of the global fortified yeast market.
- Growing trend of healthy eating: The global trend of healthy eating has led consumers towards opting for healthier food options such as those that are enriched with vitamins, minerals, and other essential nutrients. This is benefiting the growth prospects ofthe global fortified yeast market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fortified Yeast Market Research Report
By Type
Food Grade, Feed Grade
By Application
Food and Beverages, Dietary Supplements, Personal Care Products, Other
By Companies
Angel Yeast Company Ltd., Alltech, Lallemand Inc., Lesaffre, Cypress Ingredients, Bioforce Canada Inc., Bob's Red Mill Natural Foods, NOW Foods, Kadac Pty Ltd., Quantum Nutrition Labs
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Fortified Yeast Market Report Segments:
The global Fortified Yeast market is segmented on the basis of:
Types
Food Grade, Feed Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Dietary Supplements, Personal Care Products, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Angel Yeast Company Ltd.
- Alltech
- Lallemand Inc.
- Lesaffre
- Cypress Ingredients
- Bioforce Canada Inc.
- Bob's Red Mill Natural Foods
- NOW Foods
- Kadac Pty Ltd.
- Quantum Nutrition Labs
Highlights of The Fortified Yeast Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Feed Grade
- By Application:
- Food and Beverages
- Dietary Supplements
- Personal Care Products
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fortified Yeast Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fortified yeast is a type of yeast that has been fortified with additional nutrients, such as B vitamins, to make it more active and nutritious. Fortified yeast can be used in breads, pastas, and other baked goods to give them a boost of energy and nutritional value.
Some of the key players operating in the fortified yeast market are Angel Yeast Company Ltd., Alltech, Lallemand Inc., Lesaffre, Cypress Ingredients, Bioforce Canada Inc., Bob's Red Mill Natural Foods, NOW Foods, Kadac Pty Ltd., Quantum Nutrition Labs.
The fortified yeast market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fortified Yeast Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fortified Yeast Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fortified Yeast Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fortified Yeast Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fortified Yeast Market Size & Forecast, 2018-2028
4.5.1 Fortified Yeast Market Size and Y-o-Y Growth
4.5.2 Fortified Yeast Market Absolute $ Opportunity
Chapter 5 Global Fortified Yeast Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fortified Yeast Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Feed Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fortified Yeast Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fortified Yeast Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Dietary Supplements
6.2.3 Personal Care Products
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fortified Yeast Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fortified Yeast Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fortified Yeast Analysis and Forecast
9.1 Introduction
9.2 North America Fortified Yeast Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fortified Yeast Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Feed Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fortified Yeast Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Dietary Supplements
9.10.3 Personal Care Products
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fortified Yeast Analysis and Forecast
10.1 Introduction
10.2 Europe Fortified Yeast Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fortified Yeast Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Feed Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fortified Yeast Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Dietary Supplements
10.10.3 Personal Care Products
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fortified Yeast Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fortified Yeast Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fortified Yeast Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Feed Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fortified Yeast Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Dietary Supplements
11.10.3 Personal Care Products
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fortified Yeast Analysis and Forecast
12.1 Introduction
12.2 Latin America Fortified Yeast Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fortified Yeast Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Feed Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fortified Yeast Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Dietary Supplements
12.10.3 Personal Care Products
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fortified Yeast Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fortified Yeast Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fortified Yeast Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Feed Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fortified Yeast Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Dietary Supplements
13.10.3 Personal Care Products
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fortified Yeast Market: Competitive Dashboard
14.2 Global Fortified Yeast Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Angel Yeast Company Ltd.
14.3.2 Alltech
14.3.3 Lallemand Inc.
14.3.4 Lesaffre
14.3.5 Cypress Ingredients
14.3.6 Bioforce Canada Inc.
14.3.7 Bob's Red Mill Natural Foods
14.3.8 NOW Foods
14.3.9 Kadac Pty Ltd.
14.3.10 Quantum Nutrition Labs
