The Global Specialty Yeast Market size is expected to reach $4.8 billion by 2028, rising at a market growth of 6.9% CAGR during the forecast period.
Specialty yeasts are all-natural additives that give food and feed products a stronger flavor character while also improving their nutritional profiles. Due to their perceived health benefits of having high nutritional values and antioxidant characteristics, they are suitable for a variety of applications in the food and beverage sectors. Fresh yeast is used to extract specialty yeast. In general, the production of specialty yeast involves three steps: fermentation (yeast growth), disruption (cell breaking), and separation (to keep the soluble part).
The enzymes disassemble the yeast shell and break down the proteins, producing the specialized yeast products in the process. Yeast is a type of microbe which are single-celled fungus. The food and beverage sectors use yeast, which comes in around 1,500 different types. In food applications, such as sauces, snacks, seasoning, ready-to-eat meat, bread goods, alcohol, and functional meals, specialty yeasts are used.
The most popular type of yeast used for fermentation is Saccharomyces cerevisiae, which is also used to brew alcoholic beverages, especially beer and bread. Specialty yeast differs from fresh yeast in terms of its technical specifications and is composed of proteins, amino acids, vitamins, minerals, and carbohydrates. Due to its distinctive flavor, specialty yeast is often employed in the food sector. Nowadays, specialty yeast can be found in many varieties.
Though, fortified and unfortified varieties are still the two most frequently used ones. In the Unfortified kind, there are no added vitamins or minerals. It only includes the vitamins and minerals that yeast cells naturally create as they expand. In the Fortified version additives like synthetic vitamins are employed to increase the number of nutrients. The list of ingredients also included any other additional vitamins.
The food supply chain was financially weakened further by the restricted labor movement, altered consumer demand, the closing of food manufacturing facilities, and restricted food trade laws. The outcome of drastic measures was a decline in yeast production as well. The pandemic changed people's perspectives, leading them to opt for healthier choices. Customers raised concerns about a variety of fast foods, the immediate effect of which resulted in a sharp decline in bakery products as well. With the evolution of specialty yeast and its uses in the food sector, it can be said that the market will emerge and show positive growth.
The use of specialty yeast is increasing day by day. This is mainly because of the positive outcomes of numerous pieces of research that have been done on yeasts as an overall subject. In fact, most specialty yeasts have come into existence after their impacts were appreciated. Since they have the ability to enhance flavor, specialty yeast products including yeast extracts, yeast autolysates, and other yeast derivatives are utilized in food and beverage items. The uses of specialty yeast are even branching out to accommodate supplements and other functional foods category.
Specialty yeasts are among the food additives that are expanding quickly, gradually replacing artificial tastes like MSG to lower the glutamic acid and salt content of meals. The demand for low-salt and MSG-free foods has increased during the past ten years. Yeast extracts, which have the qualities of food flavor substances, are frequently replacing salt and MSG in processed food products. This trend has been growing primarily due to consumer health awareness and growing food security demand, which is also evident from the fact that specialty yeast ingredients can maintain a good flavor under very low-salt conditions.
Since most varieties of specialty yeast are fortified, it leads to misconception measurements leading to an excess of some nutrition. The amount of dietary fiber that may be obtained from just 2 tablespoons of nutritional yeast flakes is actually close to the necessary daily allowance. If someone is not used to eating high-fiber meals, introducing too much fiber too soon might cause gastrointestinal discomfort, including cramps or even diarrhea. While nutritional yeast is an excellent source of many vitamins and minerals, including zinc and vitamin B-12, some yeast products also include substances like tyramine, which in some people can cause migraine episodes.
Based on the type, the specialty yeast market is categorized into Yeast extracts, Yeast autolysates, Yeast beta-glucan, and Other yeast derivatives. The yeast autolysates segment recorded a substantial revenue share in the specialty yeast market in 2021. With the surge in consumer demand for natural and clean-label ingredients, yeast autolysates are becoming more and more popular, which has led to their rapid expansion in recent years.
On the basis of species, the market of specialty yeast is segmented into Saccharomyces cerevisiae, Kluyveromyces, Pichia pastoris, and other species. The Kluyveromyces segment acquired a significant revenue share in the specialty yeast market in 2021. Because Kluyveromyces serves a variety of industries, their market and demand are growing. Since they generate galactosidase, which aids in the utilization of lactase used in dairy products like cheese, yogurt, and kefir, they find significant applications in the fermented dairy industry.
Based on application, the specialty yeast market is divided into Food, Beverages, Feed, and Other applications. The beverages segment procured a substantial revenue share in the specialty yeast market in 2021. Specialty yeasts are in high demand from the beverage sector since they are widely employed in the manufacturing and fermentation of alcoholic and non-alcoholic beverages.
| Report Attribute | Details |
|---|---|
| Market size value in 2021 | USD 3 Billion |
| Market size forecast in 2028 | USD 4.8 Billion |
| Base Year | 2021 |
| Historical Period | 2018 to 2020 |
| Forecast Period | 2022 to 2028 |
| Revenue Growth Rate | CAGR of 6.9% from 2022 to 2028 |
| Number of Pages | 264 |
| Number of Tables | 484 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
| Segments covered | Type, Species, Application, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on region, the specialty yeast market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe region dominated the specialty yeast market with the maximum revenue share in 2021. The region's well-established food and beverage sectors and growing demand for natural ingredients, which has resulted in the region's widespread acceptance of yeast extracts, are supporting the growth of the specialized yeast industry.
Free Valuable Insights: Global Specialty Yeast Market size to reach USD 4.8 Billion by 2028
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Koninklijke DSM N.V. and Archer Daniels Midland Company are the forerunners in the Speciality Yeast Market. Companies such as Kerry Group Plc, Associated British Foods PLC, Lallemand, Inc. are some of the key innovators in Speciality Yeast market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Associated British Foods PLC (Wittington Investments Limited), Archer Daniels Midland Company, Koninklijke DSM N.V., Kerry Group PLC, Lallemand, Inc., Lesaffre Group, Angel Yeast Co., Ltd., Biorigin, Kemin Industries, Inc., and Leiber GmbH.
By Application
By Type
By Species
By Geography
The Specialty Yeast Market size is projected to reach USD 4.8 billion by 2028.
Rising Usage Of Specialty Yeast In The Food And Beverage Sector are driving the market in coming years, however, Adverse Health Effects Of Yeast And Yeast Varieties restraints the growth of the market.
Associated British Foods PLC (Wittington Investments Limited), Archer Daniels Midland Company, Koninklijke DSM N.V., Kerry Group PLC, Lallemand, Inc., Lesaffre Group, Angel Yeast Co., Ltd., Biorigin, Kemin Industries, Inc., and Leiber GmbH.
The expected CAGR of the Specialty Yeast Market is 6.9% from 2022 to 2028.
The Yeast Extracts segment acquired maximum revenue share in the Global Specialty Yeast Market by Type in 2021 thereby, achieving a market value of $2.3 billion by 2028.
The Europe market dominated the Global Specialty Yeast Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.7 billion by 2028.
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