Dublin, Sept. 21, 2020 (GLOBE NEWSWIRE) -- The "Global Organic Yeast Market by Type (Yeast Extracts, Yeast Derivatives, Inactive Dry Yeast, Nutritional Yeast), Application (Food, Beverage, Nutrition, Feed), Species (Saccharomyces, Torulaspora, Candida, Kluyveromyces) and Region - Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global organic yeast market is estimated to be valued at USD 364 million in 2020. It is projected to reach a value of USD 599 million by 2025, growing at a CAGR of 10.5% during the forecast period.
"The increase in the demand for nutritional foods is one of the major driving factors for the organic yeast market.
Factors such as stringent regulations and restrictions to the use of monosodium glutamate (MSG) in food products has opened new avenues for organic yeast as a substitute to provide savory taste in food products. The growing demand for wine and other fermented beverages owing to growing land area being converted into vineyards has led an increase in demand for organic yeast from producers who seek to provide a distinct taste and aroma to the wines produced by them.
Over the years, consumers have become cognizant of the need to intake nutritional foods. Nutritional yeast can be added to the diet since it is rich in folate and dietary fiber thereby enhancing the nutritional profile of the food.
Asia Pacific market for organic yeast is projected to grow at the highest CAGR during the forecast period."
The organic yeast market is estimated to grow significantly in the Asia Pacific region due to the rise in demand for natural and organic food ingredients from the major economies such as China, India, Japan and other South East Asian countries as they experience a surge in the increase in number of health-conscious consumers.
With the increase in awareness amongst consumers about the essential nutrients requirement in daily diet, have increased the demand for protein rich nutritional supplement. In Asia Pacific, trends around healthy lifestyles and prevention among older consumers trying to avoid expensive healthcare costs and extend healthy lifespans are generating growth opportunities dietary supplements.
Thus, causing organic yeast to flourish as it acts a high-quality nutritional supplement as it contain vitamins, minerals and proteins which helps boost immunity.
Some of the major players in the market include Koninklijke DSM N.V (Netherlands), Lallemand (Canada), Biospringer (France), Leiber GmbH (Germany), Ohly (Germany), Levapan (Colombia), Biorigin (Brazil), Agrano GmbH& Co. KG (Germany), Red Star Yeast Company (US), and Angel Yeast Co. Ltd (China).
Market Dynamics
Drivers
- Increase in Demand for Organic Food Products Across the Globe
- Fast-Paced Lifestyle of Consumers and Changing Consumption Patterns
Restraints
- Stringent Regulations Governing the Production and Marketing of Organic Products
Opportunities
- Increase in Awareness About Health & Wellness to Drive the Demand for Nutritional Yeast
- Increase in Use as an Alternative to Monosodium Glutamate (MSG) to Provide Umami Taste in Food Products
- Growing Trend of Veganism and Vegetarianism Among Consumers
Challenges
- High Costs Associated With Organic Products
- Intense Competition and Product Rivalry due to Similar Products
Value Chain Analysis
- Patent Analysis
- Market Ecosystem
- Average Price Analysis
- Trade Analysis
- Yc-Ycc Shifts in the Organic Yeast Market
Regulatory Framework
Company Profiles
Manufacturers
- Koninklijke DSM N.V.
- Lallemand Inc.
- Ohly
- Biospringer (Lesaffre)
- Angel Yeast Co. Ltd.
- Red Star Yeast Company LLC
- Solgar Inc.
- Imperial Yeast
- Levapan SA
- Leiber GmbH
- White Labs Copenhagen
- Biorigin
- Levex
- Agrano GmbH & Co. KG
Distributors
- Martin Braun Gruppe
- Marroquin Organic
End-Product Manufacturers
- Marigold Health Foods Ltd.
- Frontier Co-Op
- Sari Foods Co.
- Now Foods
- Rapunzel Naturkost
- Bob's Red Mill Natural Foods
- Doves Farms Foods Ltd.
- Bluebonnet Nutrition Corporation
- Campbell's Soup Company
For more information about this report visit https://www.researchandmarkets.com/r/7rz4d9