Conventional inactive dried yeast is expected to hold about 96.9% share in the global inactive dried yeast market. The demand from the animal feed industry is rising, giving impetus to the market. Usage of inactive dried yeast in animal feed improves its nutritional content and quality of the final product. This indicates the rising usage of inactive dried yeast in the animal feed industry. Along with that prevalence of chronic diseases such as diabetes, high cholesterol, obesity, and cardiac arrests influence consumers to follow specific diets to minimize risk of such diseases. Whereas inactive dried yeast are low in sodium and salt-free products.
In the coming years, the inactive dried yeast market will witness high sales opportunities, spurred by the increasing demand from the animal feed industry. Adding inactive dried yeast improves the palatability of animal feed, in turn stimulating feed intake. Besides this, it improves immunity system and performance of livestock. Knowledge about these benefits, will boost sales of inactive dried yeast in the coming years.
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Key Takeaways from the Inactive Dried Yeast Market Study
- The global inactive dried yeast market has been segmented on the basis of form, in terms of which powder form holds the major share. However, in the coming years, the capsule form is expected to show optimistic growth due to its increasing use in different industries for multiple purposes.
- Western Europe and North America are anticipated to dominate the global inactive dried yeast market in terms of value. The demand for inactive dried yeast is considerably high in Latin America, which is expected to show a high growth rate over the forecast period. Due to the increasing health consciousness among the people and their awareness regarding chemical ingredients and their effect on human health, the demand for inactive dried yeast is rising in Latin America.
“The market for inactive dried yeast is driven mainly by increasing consumption of natural and plant-based food. The market will therefore gain from the ongoing trend of vegan food. Additionally, the tendency of the consumer to adopt the Western style of food habits in emerging countries is increasing the opportunity for inactive dried yeast in the global market owing to the high usage of inactive dried yeast in the backing and confectionary.”– Nandini Roy Choudhury, Client Partner at Future Market Insights
Who is winning?
Some of the key players operating in the inactive dried yeast market Koninklijke DSM N.V., Lallemand, Inc., Leiber GmbH, Bio Springer S.A., Associated British Foods Plc, Titan Biotech Limited, Tangshan Top Bio-Technology Co., Ltd., The Archer Daniels Midland Company, Angel Yeast Co., Ltd., Prosol S.p.A., Kormaprom LLC, Sojuz Produkt Pitaniya, Biorigin, Now Food, Kothari Fermentation and Biochem Ltd., and others.
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The global inactive dried yeast market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Sales Channel
- B2B
- B2C
- Modern Trade
- Specialty Store
- Convenience Store
- Online Retail
- Other Sales Channels
Nature
- Organic
- Conventional
Form
- Powder
- Flakes
- Tablet
- Capsule
Fortification
- Fortified
- Unfortified
Application
- Food & Beverage
- Bakery & Confectionery
- Beverages
- Soups, Sauces, & Seasonings
- Functional Foods
- Dietary Supplements
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Several leading market players are opening new units to expand their footprint and product portfolio. Along with that they are adapting new strategies to compete in the market. Besides this, partnership often allows them to gain a competitive advantage.
- Angel Yeast announced the opening of the second factory in Egypt is expected to be operational. (Production capacity of 35,000 MT).
- ICC Brazil and Lallemand Inc. entered into the partnership for research, development, and supply of inactive yeast products and derivatives from sugar cane ethanol. Supply of yeast cell wall products and yeast derivatives form ICC Brazil will be marketed under the Lallemand under its brand.
- Biorigin announced to start the expansion plan of its production in Louisville, U.S. with US$ 3.5 Mn. Which will start in 2019. This venture will double the production capacity of its bio enhance line.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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