Market Overview:
The global zinc-riched yeast market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for functional foods and feed industry, and increasing awareness about the benefits of zinc-riched yeast. Based on type, the global zinc-riched yeast market can be segmented into food grade and feed grade. The food grade segment is projected to account for a larger share of the market during the forecast period. This can be attributed to rising demand for functional foods that contain added nutrients such as zinc-enriched yeast. Based on application, the global zinc-riched yeast market can be divided into feed industry and functional food segments. The feed industry segment is projected to account for a larger share of the market duringthe forecast period owingto growing demand from livestock farmers acrossthe globefor better quality animal feeds that improve productivityand reduce overall production costs.
Product Definition:
Zinc-riched yeast is a type of yeast that has been enriched with zinc. Zinc is an essential mineral that is necessary for many bodily functions, including protein synthesis, cell growth and division, and the production of enzymes and hormones. Zinc-riched yeast can be used as a dietary supplement to help increase zinc levels in the body or to boost the nutritional value of breads, pastas, and other baked goods.
Food Grade:
Food grade zinc-richened yeast is a new product that has been gaining importance in the food & beverage industry over the past few years. The growth of this market can be attributed to factors such as increasing demand for natural ingredients, rising awareness regarding gluten-free products and healthy diets, and growing popularity of processed foods with added nutritional benefits.
The global zinc-richened yeast market was estimated at USD 536.1 million in 2015.
Feed Grade:
Feed grade is the highest quality form of yeast, which can be differentiated from industrial and food-grade yeast on the basis of its size. Feed grade usually has a higher protein content as compared to industrial and food grades. Also, feed grade contains more zinc content as compared to other forms of yeast.
Application Insights:
The feed industry accounted for the largest revenue share of over 70% in 2017. The segment is expected to witness significant growth on account of rising demand for zinc-richen yeasts from major markets including China, India and Brazil. These products are used as a source of essential nutrients and energy for livestock which includes poultry, cattle, swine and horses.
Functional food application is projected to witness lucrative growth over the forecast period owing to increasing consumer awareness regarding health benefits associated with its consumption such as improved immunity against bacterial & viral infections along with protection against degenerative diseases like cancer & cardiovascular diseases among others. Rising demand for functional foods in various industries including pharmaceuticals, personal care & cosmetics on account of their ability to prevent or treat chronic conditions such as diabetes along with maintaining ideal body weight is anticipated fuel the market growth during the study period.
Regional Analysis:
Asia Pacific was the largest market for zinc-richened yeast, accounting for more than 45% of global revenue in 2017. The presence of a large number of feed manufacturers in China and India is expected to remain a favorable factor over the next eight years. In addition, increasing meat consumption coupled with rising awareness regarding animal health and nutrition is likely to have a positive impact on industry growth over the forecast period.
Europe accounted for more than 25% share in terms of revenue as well as volume owing to high demand from bakery products, confectionery items along with functional food applications such as infant formula and pet food sector. The growing trend towards adopting healthy lifestyles has resulted into increased demand for sports drinks among European consumers which will further fuel product demand during the forecast period.
Growth Factors:
- Increasing demand for bio-based products: The global market for bio-based products is projected to grow at a CAGR of 14.0% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of using bio-based products, such as environmental sustainability and reduced greenhouse gas emissions. Zinc-rich yeast is a bio-based product and its growing demand will drive the growth of the zinc-rich yeast market.
- Rising demand for functional foods: The global market for functional foods is projected to grow at a CAGR of 9.5% from 2016 to 2021. This growth can be attributed to the increasing awareness about the health benefits associated with consuming functional foods, such as improved cardiovascular health, weight management, and diabetes prevention/treatment. Zinc-rich yeast is a functional food ingredient and its rising demand will drive the growth of the zinc-rich yeast market
Scope Of The Report
Report Attributes
Report Details
Report Title
Zinc-Riched Yeast Market Research Report
By Type
Food Grade, Feed Grade
By Application
Feed Industry, Functional Food, Others
By Companies
Lesaffre, Angel, Lallemand, Cypress Systems, Tianxiangyuan, Zhejiang Senyo Biotech Co.,Ltd
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Zinc-Riched Yeast Market Report Segments:
The global Zinc-Riched 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
Feed Industry, Functional Food, Others
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:
- Lesaffre
- Angel
- Lallemand
- Cypress Systems
- Tianxiangyuan
- Zhejiang Senyo Biotech Co.,Ltd
Highlights of The Zinc-Riched 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:
- Feed Industry
- Functional Food
- Others
- 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 Zinc-Riched 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Zinc-Riched yeast is a type of yeast that has been genetically modified to produce high levels of zinc. This allows the yeast to ferment more sugar, which in turn produces more alcohol.
Some of the major players in the zinc-riched yeast market are Lesaffre, Angel, Lallemand, Cypress Systems, Tianxiangyuan, Zhejiang Senyo Biotech Co.,Ltd.
The zinc-riched yeast market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Zinc-Riched 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 Zinc-Riched Yeast Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Zinc-Riched 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 Zinc-Riched 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 Zinc-Riched Yeast Market Size & Forecast, 2020-2028
4.5.1 Zinc-Riched Yeast Market Size and Y-o-Y Growth
4.5.2 Zinc-Riched Yeast Market Absolute $ Opportunity
Chapter 5 Global 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 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 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 Market Size Forecast by Applications
6.2.1 Feed Industry
6.2.2 Functional Food
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zinc-Riched 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 Zinc-Riched 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 Market Size Forecast by Applications
9.10.1 Feed Industry
9.10.2 Functional Food
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 Market Size Forecast by Applications
10.10.1 Feed Industry
10.10.2 Functional Food
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 Market Size Forecast by Applications
11.10.1 Feed Industry
11.10.2 Functional Food
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 Market Size Forecast by Applications
12.10.1 Feed Industry
12.10.2 Functional Food
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) Market Size Forecast by Applications
13.10.1 Feed Industry
13.10.2 Functional Food
13.10.3 Others
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 Zinc-Riched Yeast Market: Competitive Dashboard
14.2 Global Zinc-Riched Yeast Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lesaffre
14.3.2 Angel
14.3.3 Lallemand
14.3.4 Cypress Systems
14.3.5 Tianxiangyuan
14.3.6 Zhejiang Senyo Biotech Co.,Ltd
