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.
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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.
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