About Baking Yeast
Baker's yeast is the common name for the strains of yeast which is commonly used in baking bread and bakery products, serving as a leavening agent which causes the bread to by converting the fermentable sugars present in the dough into carbon dioxide and ethanol. Baker's yeast is of the species Saccharomyces cerevisiae, and is the same species as the kind commonly used in alcoholic fermentation, which is called brewer's yeast. Baker's yeast is also a single-cell microorganism found on and around the human body.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Baking Yeast market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Associated British Foods PLC (United Kingdom), Koninklijke DSM N.V. (Netherlands), Kerry Group PLC (Ireland), Alltech (United States), Angel Yeast Co., Ltd. (China), Chr. Hansen Holdings A/S (Denmark), Sensient Technologies Corporation (United States), Lallemand Inc. (Canada) and Leiber GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Oriental Yeast Co., Ltd. (Japan), Lesaffre Group (France), Synergy Flavors (United States), Halcyon Proteins Pvy. Ltd. (Australia), Novozymes (Denmark), Food Chem International (China), Pacific Fermentation Industries (Canada), Biorigin (Brazil) and ICC Brazil (Brazil).
Segmentation Overview
AMA Research has segmented the market of Global Baking Yeast market by Type (Regular Active Dry Yeast and Instant Yeast), Application (Bread, Cake, Dessert, Biscuits and Other) and Region.
On the basis of geography, the market of Baking Yeast has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution channel, the sub-segment i.e. Direct sales will boost the Baking Yeast market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Changing Lifestyle of People
Market Growth Drivers:
Increasing Demand in Confectionery and Other Food Products and Increase in Consumption of Bakery Products, Particularly Bread
Challenges:
Growing Health Concerns Among Consumers
Restraints:
Increasing Raw Material Prices
Opportunities:
Increasing Disposable Income and Rising Consumption of Naturally-Extracted Ingredients
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.