This report was recently updated on November 16 2024 with the latest and most recent
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Global Organic Yeast Market Size, Trends & Analysis with COVID-19 Impact - Forecasts To 2026 By Type (Yeast Derivatives, Nutritional Yeast, Inactive Dry Yeast), By Species (Saccharomyces, Candida, Kluyveromyces, Torulaspora, Other Species), By Application (Food, Beverage, Feed), By Region (North America, Europe, Asia Pacific, MEA, and CSA); and Company Market Share Analysis & Competitor Analysis
Organic Yeast Market: Insights
The global organic yeast market will be driven at a strong CAGR over the projected forecast period from 2020 to 2026. Natural yeast is grown and processed according to organic farming standards. The raw materials from which yeast is produced are obtained from organic farming. The yeast has unique growth specifications for nutrients. A source of sugar and nitrogen, vitamins, minerals, and trace elements is required. The growing analysis of consumer health & wellbeing, along with a broad variety of demand for food products, are some of the key factors anticipated to drive growth in the organic yeast market. Moreover, the increased usage of 'umami' flavor in food items as a substitute to monosodium glutamate (MSG) and rising demand for chemical-free ingredients are some of the significant factors propelling the market growth. Compared to traditional bread, food products made with organic yeast contain more full food ingredients. The rising demand for nutritious food is driving the market growth for organic yeast. However, volatility in the market prices of organic products is likely to impede demand for organic yeast.
Organic Yeast Market: By Type
Based on the study of type, this market can be segregated into three segments namely, yeast derivatives, inactive dry yeast, and nutritional yeast. Amongst all the different types, the yeast derivatives will be the highest growth segment and also holds the largest market share from 2020-2026. Yeast derivatives are used by restaurants and food manufacturers as an aromatic active ingredient and to help enhance complex flavor profiles in food and beverages. This is due to the increasing improvement in the nutritional properties of feed. The growing health concerns induced by unhealthy lifestyles are vital in driving demand.
Organic Yeast Market: By Application
Based on the application, the market is fragmented into feed, beverage, and food. The food application will be the leading segment from 2020 to 2026. Organic yeast is usually grown in molasses and is used in bakeries. Increased demand for high-value baked products, such as cookies and desserts, would push the market for organic yeast. The rising number of health-conscious individuals who prefer organic and clean-labeled food goods is expected to propel the segmental growth over the forecast period.
Organic Yeast Market: By Species
Based on the study of the species, this market can be explained into five segments namely, saccharomyces, candida, kluyveromyces, torulaspora, and other species. The saccharomyces species will lead the market between the forecast period (2020 to 2026). In the fermentation process, saccharomyces is an essential component that transforms sugar into alcohol, an element shared in wine, beer, and distilled drinks. It is used as seasonings in several snacks and savory items to add an umami flavor and also used in feed to improve the shelf life and healthiness of pet snacks.
Organic Yeast Market: By Region
The North America region is the largest revenue generator in the market between the forecast period (2020-2026). Some of the factors driving the market growth are the increasing production of dairy products and pork and the expanded use of nutritious food additives to boost the shelf life of products. Furthermore, Asia-Pacific is anticipated to be the fastest-growing area with a high CAGR during the forecast timeframe, owing to the growing changes in consumer behavior and the improvement in animal products that are expected to drive market growth in the APAC region.
Organic Yeast Market: Share & Competitor Analysis
The key players operating in this market are Solgar Inc., KONINKLIJKE DSM N.V., Bob’s Red Mill Natural Foods, Doves Farm Foods Ltd., Angel Yeast Co., Ltd., Biospringer, Bluebonnet Nutrition, Frontier Natural Products, Lallemand, Imperial Yeast, Ohly, Marigold Health Foods Ltd., Martin Braun-Gruppe, NOW Foods, Nutraceutical International Corporation, Lesaffre, Rapunzel Naturkost GmbH, and Sari Foods Co, among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In April 2020, Biospringer expanded its yeast extract manufacturing facility in Cedar Rapids, Iowa, The USA.
In April 2019, Lallemand launched its new brand for fresh baker’s yeast.
Check the Press Release on Global Organic Yeast Market Report
Organic Yeast Market: By Type
Organic Yeast Market: By Species
Organic Yeast Market: By Application
Organic Yeast Market: By Region
The Organic Yeast Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Organic Yeast Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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