Yeast market worth $3.6 billion by 2018

The yeast market, projected to reach $3.6 billion by 2018, will expand and develop to meet changing trends in product applications – in food, feed and other industrial sectors such as bakery, alcoholic drinks, etc. In 2012, Europe was the largest market. Of yeast products, baker's yeast dominated globally.  

The speciality yeast products market, although comparatively small, will grow further as applications in baking, brewing, and non-baking such as flavouring and animal nutrition, increases. Researchers forecast the market to reach $2.1 billion by 2018. Europe is the largest consumer, whilst Asia-Pacific will be the fastest growing market with a CAGR of 8.4% during the forecast period.

Amongst key players are: Associated British Food Plc. (U.K.), Lallemand Inc. (U.S.), and Lesaffre Group (France). Top companies prefer new product launches and expansion strategies to strengthen their position in the market.

More information is available in the report "Yeast Market[by Type (Baker's, Brewer's, Wine, Feed, Bio-ethanol), Form (Dry, Instant, Fresh), Application (Food, Feed)] & Specialty Yeast ProductsMarket [by Type (Yeast Extract, Autolysate, ?-glucan, Other Derivatives) & Geography]- Global Trend & Forecast to 2018", defines and segments the Yeast.”