Revivable Yeast Market Value to Surpass US$ 84.5 Mn in 2029
Exhibiting an impressive CAGR of ~11%, the global revivable market will surpass US$ 84.5 Mn mark by 2029. This FMI study reveals that the market will grow at a steady pace during 2019 - 2029.
Plant-based proteins and ingredients markets are witnessing high growth, which is attributable to the increasing demand for products containing these ingredients in the global market. On account rising cases of various diseases and epidemics, consumers are nowadays avoiding meat and animal products and are adopting vegan and flexitarian diets. Plant-based proteins are perceived as more healthy and nutritious. The rising demand for these products are encouraging manufacturers to introduce new plant-based protein products. Revivable yeast is a natural and plant-based source of protein, and contains vitamins and minerals, which is why it has emerged as a preferred source of nutrition, particularly for vegans and flexitarians. The global market for revivable yeast is driven by the increasing use of natural and plant-based products for personal care such as for skin care, nail care, and hair care.
KEY RESEARCH FINDINGS:
- The global revivable market surpassed its US$ 29.8 Mn mark in 2019.
- The demand for revivable yeast is increasing rapidly from food and beverage industry as it used as flavor enhancer and salt replacer in bakery and confectionery products.
- Due to the nutritional properties of revivable yeast, the consumption of revivable yeast is increasing by health-conscious consumers. As it is gluten-free, sugar-free and salt-free.
- Western Europe is leading in revivable yeast market and Latin America is expected to rapidly grow in the revivable yeast market with the CAGR 13.9%
KEY FACTORS SHAPING THE REVIVABLE YEAST MARKET
Consumers Preferring Plant-Based Ingredients
The animal welfare is increasing across the globe due to which the vegan and vegetarian consumers are increasing due to which they prefer plant-based ingredients. The number of diseases among the animals are increasing due to which consumers are avoiding eating animal based ingredients. Revivable yeast is plant-based ingredient due to which the sale of the revivable yeast is rising.
Revivable Yeast has Application in Multiple Industries
Revivable yeast is widely in the food and beverage industry. The demand for revivable yeast is increasing rapidly from personal care and cosmetic industry to produce unique products. It is used in animal industry as well.
COVID-19 MARKET IMPACT:
The coronavirus pandemic has disrupted major business operations throughout the world. As companies worldwide have shut production or decreased their output, a demand-supply gap is anticipated. This is also true for the revivable yeast market. The market shall experience a shortfall in the coming year, attributed to stringent lockdown measures implemented by countries worldwide, thus affecting production. Revivable yeast is widely used in cosmetics. Since the demand for cosmetics has declined due to the pandemic, the market for the yeast is anticipated to take a downward spiral. As the global economy hurtles towards a major recession, companies must take measures to mitigate the debilitating impact of the same in the coming year. Strengthening supply chains and adequate compensation to employees will greatly benefit the global revivable yeast market players. It is also possible that the post-pandemic scenario may offer lucrative growth opportunities, provided economic conditions in world markets remain stable.
REVIVABLE YEAST MARKET STRUCTURE ANALYSIS
- Tier one companies are focusing on research and development to produce unique products.
- Companies are focusing on acquisition and mergers to increase geographical reach and to broaden product portfolio.
- Large number of players are entering into the revivable yeast market due to which competition is getting intense.
Revivable Yeast Market Value in 2019
US$ 29.8 Mn
North America, Latin America, Western Europe, North & Eastern Europe, APEC, China, and MEA
Quantum Nutrition Labs, Alltech, Kadac Pty Ltd., Lallemand Inc., Bob's Red Mill Natural Foods, Lesaffre, Bioforce Canada Inc., Angel Yeast Company Ltd., NOW Foods, Cypress Ingredients.
B2C Sales Channel Industry Accounts for About 30% Share
The use of revivable yeast is increasing rapidly in the food and beverage industry. Revivable yeast is used as flavor enhancer, salt replacer, and meat-substitute in confectionery, bakery, dairy products and other food products. The number of vegan and vegetarian consumers are increasing due to which the demand for vegan food products is increasing which help to boost the revivable yeast market. Due to the social media sites the awareness of the unique revivable yeast based products is increasing among the consumers. The availability of the revivable yeast based products is increasing in the modern trade, convenience stores and online retail. Due to the increasing availability of revivable yeast the usage of revivable yeast as ingredient is rising globally. Due to high nutritional properties the consumption of revivable yeast is increasing by health-conscious consumers.
Developing Regions Offer Lucrative Growth Opportunities
Some of the most renowned manufacturers of revivable yeast in the market are located in the developed countries from North America and Europe. Leading brands are sold via traditional store-based retailing in these countries, and are easily available to consumers. However, in developing countries, the revivable yeast based products are mainly sold via online retail channels or are exported, which increases the cost of the product for consumers in developing regions. But now major manufacturers are focusing on starting their production units in developing countries which is increasing the availability of the revivable yeast based products in developing countries. Due to the increasing production, revivable yeast products are available at reasonable prices in the developing countries. Consumers buy revivable yeast mainly for its nutritional and gastrointestinal benefits. The number nutritional deficient patients are more in developing countries due to which the manufacturers of revivable yeast are focusing on launching products in revivable yeast.
Rising Demand for Organic, Additive-free, Chemical-free & Non-GMO Products to Aid Growth
Due to the addition of chemicals in food products, consumers may suffer from food allergies, food intolerance, cancer, multiple sclerosis (MS), attention deficit hyperactivity disorder (ADHD), brain damage, nausea, and cardiac disease. Consumers are also becoming cautious about the raw materials used in the food products to avoid any of the side effects. Increasing number of health-conscious consumers has in turn fuelled the demand for organic, additive-free, chemical-free, and non-GMO food ingredients. Revivable yeast is non-GMO, natural and gluten-free due to which the demand for revivable yeast is increasing rapidly. Consumers are also becoming more cautious about the health of their pets and prefer organic, chemical-free, additive-free, non-GMO pet food products. Revivable yeast is used in the pet food products.
Powder holds leading revenue share
Tablet to showcase noteworthy CAGR
Conventional holds leading revenue share
Organic to showcase noteworthy CAGR
B2B holds leading revenue share
B2C to showcase noteworthy CAGR
How Growth will Unfold
Revivable yeast is widely used in the food and beverage industry. Other than food industry, revivable yeast is used in personal care and cosmetic and as pet food industries. Along with natural and organic food products, the demand for natural and organic skin products is rising rapidly. Revivable yeast is a natural and plant-based ingredient due to which it is used in the production of skin care and hair care products. Revivable yeast is used widely in the nail paints and other cosmetic products. Revivable yeast available in powder form is mostly used in food and beverage industry. The tablet form of revivable yeast has large demand as compare to capsule form of revivable yeast.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Revivable Yeast Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the revivable yeast market offers global industry analysis for 2014-2018 & opportunity assessment for 2019–2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
Revivable Yeast Market Taxonomy
The global revivable yeast market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- Modern Trade
- Specialty Store
- Convenience Store
- Online Retail
- Other Sales Channel
- North America
- Latin America
- Western Europe
- North & Eastern Europe
- Middle East & Africa
The executive summary of the revivable yeast market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global revivable yeast market.
Readers can find the detailed segmentation and definition of the revivable yeast market in this chapter, which will help them understand basic information about the revivable yeast market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the revivable yeast market report.
The associated industry assessment of the revivable yeast market is carried out in this section. The macroeconomic factors affecting growth of the revivable yeast market are provided in this section and the impact of these macroeconomic indicators on the revivable yeast market is analyzed. The processing overview and technological advancements in the revivable yeast market is also provided.
Profit margins at each level of the revivable yeast market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
The drivers and restraints impacting the growth of the revivable yeast market are explained in this chapter. Opportunities and ongoing trends in the revivable yeast market are also comprehensively discussed.
This chapter includes detailed analysis of the historical revivable yeast market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2019-2029).
Based on nature, the Revivable yeast market is segmented into organic and conventional. This section also offers market attractiveness analysis based on nature.
Based on nature, the Revivable yeast market is segmented into powder, tablet and capsules. This section also offers market attractiveness analysis based on form.
This chapter provides details about the revivable yeast market on the basis of distribution channel, and has been classified into B2B and B2C. B2C is further segmented into modern trade, specialty stores, convenience store, online retail, and other sales channel. In this chapter, readers can understand market attractive analysis based on distribution channel.
This chapter explains how the Revivable yeast market is anticipated to grow across Europe, Asia Pacific Excluding China, China, and the Middle East and Africa.
This chapter includes a detailed analysis of the growth of the revivable yeast market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on application and countries in the North America region.
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the revivable yeast market in the Latin America region. This chapter also includes growth prospects of the revivable yeast market in leading LATAM countries such as Brazil, Mexico, Argentina, and the Rest of Latin America.
Important growth prospects of the revivable yeast market based on its application in several countries such as Germany, France, U.K., Spain, Italy, Switzerland, BENELUX, and Rest of Western Europe are included in this chapter.
Important growth prospects of the revivable yeast market based on its application in several countries such as Denmark, Sweden, Norway, Russia, Poland, and rest of North & Eastern Europe are included in this chapter.
This chapter includes a detailed analysis of the growth of the revivable yeast market in the Asia Pacific Excluding China region, along with a country-wise assessment that includes, Japan, India, Australia & New Zealand, ASEAN, South Korea and Rest of APEC. Readers can also find regional trends, regulations, and market growth based on applications and countries in the APEC region.
This chapter offers insights into how the revivable yeast market is expected to grow in China, along with different segments of the market during the forecast period of 2019-2029.
This chapter offers insights into how the revivable yeast market is expected to grow in major countries in the MEA region such as GCC Countries, Turkey, South Africa, and the Rest of MEA, during the forecast period 2019-2029.
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the revivable yeast market along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of leading manufacturers in the revivable yeast market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Angel Yeast Company Ltd., Alltech, Lallemand Inc., Lesaffre, Cypress Ingredients, Bioforce Canada Inc., Bob's Red Mill Natural Foods, NOW Foods, Kadac Pty Ltd., Quantum Nutrition Labs and others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the revivable yeast report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the revivable yeast market.
How the research was conducted?
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity Of Assumptions
- Industry Publications
- Industrial Week
- Industrial Product Review
- Industrial Magazine
- Industry Associations
- Dieticians Association
- Food and Agriculture Organization
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits