0

Yeast flakes Market is Expected Reach $1,451.2 Million by 2030, Globally -Allied Market Research

 
2022
Yeast flakes Market

Report Code : A15893

quote Rapid growth in rise in consumption of functional foods, rise in demand for gluten-free products, and rapid growth of the retail sector. quote

Roshan Deshmukh
Research Manager-Research, Food & Beverages at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Yeast Flakes Market by Form and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030,               

The global yeast flakes market size was valued at $610.2 million in 2020, and is projected to reach $1,451.2 million by 2030, registering a CAGR of 9.1%. Yeast flake is one of the most emerging markets among nutritional products, owing to increase in health awareness among customers.

Yeast flake is light brown powder made from Saccharomyces cerevisiae yeast. It is known as a flexible ingredient that goes well with almost any diet or eating style. Its consumption can improve digestive problems including diarrhea or infections such as cold and flu.

The yeast flakes market is driven by factors such as rising consumption of functional food. Health benefits obtained by including yeast flake in dietary supplements is one of the major factors that drive yeast flakes market growth. Moreover, increase in awareness among consumers regarding health benefits associated with functional food is expected to boost demand for such products in the market.

Moreover, rise in awareness of animal nutrition is also expected to propel the market growth during the forecast period. Awareness about end products is increasing focus on animal nutrition in the market. Animals with sufficient nutrition have the energy to grow, develop, and breed, as well as a strong immune system to resist infections, which results in higher productivity. Use of yeast in animal feed is beneficial as it enhances ruminant growth and production efficiency.

Increase in prevalence of diseases, rise in prevalence of the COVID-19 pandemic, advancements in living standards, and rapidly growing vegan population are also the major factors that propel the market growth. Gluten free products are gaining traction as many consumers are trying to reduce or eliminate gluten from their diet, owing to adoption of special dietary lifestyles, which boosts demand for gluten free products in the market. It can be beneficial in diagnosis of food allergies and also helps individuals to lose their weight. Moreover, gaining weight is a major problem in lives of almost everyone and consumers are more likely to get numerous health problems associated with extra fats in the body. Hence, demand for functional and gluten free products is gaining attraction among health-oriented consumers.   

Consumer spending on high-quality and high-nutrient foods is rapidly increasing and fast foods, functional foods, organic fruits and vegetables, and other lifestyle food sources are becoming increasingly popular. Further, consumers are largely focusing toward adoption of vegan food items with high nutritious value and willing to pay higher price for nutritional agriculture products. Moreover, consumer awareness regarding health benefits associated with functional foods like yeast is increasing. There has been a significant change in diets and lifestyle of consumers, which shows an opportunity for functional foods such as yeast flakes.  

 According to the yeast flakes market analysis, the market is segmented on the basis of form, application, and region. On the basis of form, it is categorized into flakes, powder, and others. As per applications, it is divided into foods & beverages, dietary supplements, animal feed, and others.

Region-wise, the yeast flakes market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By form, the flake segment was the highest revenue contributor in 2020, owing to the convenience offered. By application, the foods & beverages segment held the largest yeast flakes market share in 2020 and is likely to remain same during the yeast flakes market forecast period. The segment is the most versatile segment for nutritional and gastrointestinal properties of yeast. Consumers are favoring nutritious yeast products, which help the industry grow even more. Moreover, consumers are inclined toward yeast flakes as it is chemical free with no additives.      

The key companies profiled in Yeast flakes industry are Alla's Posh Flavors, Anthony's Goods, Hoosier Hill Farm LLC, Lesaffre, Now Foods, Nunaturals, Sari Foods, Sattvic foods, Urban Platter, and Vvegano.

Key Findings of the Study      

  • By form, the powder segment held the highest share, accounting for 65.2% of the global yeast flakes market.  
  • By application, the organic segment witnessed a major growth rate of 12.8%
  • Region wise, the Latin America segment witnessed a major annual growth rate of 9.9%.    
 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Yeast Flakes Market by Form (Flakes, Powder, and Others), Application (Foods & Beverages, Dietary Supplements, Animal Feed, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Hybrid Cloud Market

Download Sample
rep-img

Published Date Oct 2024

Digital Substation Market

Download Sample

Buy Full Version
"Yeast flakes Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers