Global Organic Yeast Market Gaining Momentum—Projected to Reach worth USD 930.0 Million in 2027
Published | 28 May 2021
A
study recently conducted by the strategic consulting and market research firm,
BlueWeave Consulting, revealed
that the global organic
yeast market was worth USD 425.1 million in 2020 and is further
projected to reach USD 930.0 million by 2027, at a CAGR of 11.6% during the
forecast period (2021-2027). The market is being driven by public awareness of
the benefits of food items produced using organic yeast. The rising need to
replace harmful additives like MSG (Mono Sodium Glutamate), and the high growth
rates of the food and beverages industry are also driving the global organic
yeast market. Moreover, rising disposable incomes and enhanced standards among
the population are also acting as market drivers. Additionally. the organic
yeast market is being driven by a growth in demand for ready-to-eat packaged
food items as well as home-cooked foods that require flour and flour-related
products.
Increasing
Public Awareness of Organic Food and Beverages Driving Market Growth
Consumer goods, food
additives, active foods and beverages, integrated foods, canned food, baked
goods, baby food, animal feed, cold drinks, alcoholic beverages, energy drinks,
etc. are the major components of the global food and beverage (F&B)
industry. The rising prevalence of food-related diseases has driven consumers
to make important dietary and lifestyle changes. As a result of increased
health concerns among customers, the F&B business has been
witnessing a surge in demand for organic foods and health supplements. Organic
yeast production is ecologically friendly since it does not require strong
acids and bases like ammonia, synthetic vitamins, sodium hydroxide, or
anti-forming agents that are required in conventional yeast production. Since
the food items produced by organic yeast are natural and don’t contain
synthetic additives, health-conscious people are shifting their food
preferences to the organic food segment, thereby driving the organic yeast
market forward.
Increased
Awareness for Health and Fitness Propelling the Market Forward
The global organic yeast
market is expected to grow with the rising awareness regarding health and
fitness. To eliminate alarming health-related issues, people have started to
replace conventional food items with food items produced through organic yeast.
It has been observed that, with the advice of nutritionists, the elderly
population has begun to focus on organic yeast-based goods and health
supplements to improve their health and increase their life span.
Furthermore, when synthetic
chemicals are used, various harmful effects such as obesity, renal
toxicity, and hepatotoxicity are observed. Thus, in order to eliminate
such adverse effects, organic yeast derivatives are used to enhance flavors,
among other things. MSG (Monosodium Glutamate), for example, is an additive
used to infuse “umami” flavor into food, give palatability, and enhance the
taste of other active ingredients. However, due to its harmful effects on the kidney and liver, MSG
is being replaced by organic yeast extracts.
Yeast extract contains glutamates, which are amino acid
derivatives found naturally in a variety of foods. Yeast is fed on natural
nutrients media to fulfill nitrogen requirements, as opposed to inorganic yeast,
which uses ammonia as a source of nitrogen. Organic yeast extracts are much
healthier when compared to inorganic yeast extracts due to which a great surge
in demand for organic yeast derivatives have been recorded worldwide. This
factor is also contributing to the growth of the organic yeast market
worldwide.
Global Organic
Yeast Market: By
Species
Based on species,
the global organic yeast market is divided into saccharomyces, torulaspora, candida,
kluyveromyces. The saccharomyces segment holds the largest market share and is
likely to retain its dominance even during the forecast period. Saccharomyces,
also known as brewer's / baker's yeast, is a fungus that has a wide variety of
species. This variety is very important in the food and beverage industry as it
helps in the production of a variety of foods like flour and related products,
beverages, organic supplements, wine, bakery products, etc. It is also used as
a seasoning to improve the taste of a variety of snacks and food products.
Furthermore, it is also used as a supplement to improve the shelf life and
flavor of animal foods, thereby resulting in the expansion of the global
organic yeast market.
Impact
of COVID-19 on the Global
Organic Yeast Market
The pandemic caused by COVID-19 has
impacted all industries. Following the declaration of COVID-19 as a pandemic,
governments of different countries around the world advocated stringent public
health measures to halt the spread of the deadly virus. However, the global
organic yeast market has observed a sudden surge in the sale of its product due
to the panic-based stocking behavior of consumers to store large quantities of
food supplies in fear of lockdowns and nationwide curfews. Moreover, the idea of
enhancing immunity by eating natural food items produced by organic yeast has
positively impacted the market. It was also observed that a strong preference
for home-cooked food had developed over time. The use of healthy flour and
related products had also increased, causing the global organic yeast
market to grow amid the pandemic.
Europe
Leads the Global Organic Yeast Market
Out of all the continents, Europe
dominates the global organic yeast industry. Advanced infrastructure and
innovative technologies available for fermenting huge amounts of food
items are contributing to the growth of the European organic yeast market.
Furthermore, an integrated food and beverage supply system via supermarkets, as
well as greater awareness for health and fitness through the use of organic
food in Europe, are boosting the industry.
Furthermore, the Asia
Pacific organic yeast industry is also catching up as a result of higher
disposable income and greater awareness of nutrient requirements in the daily
diet. Also, the dependency of the elderly
population on organic health supplements intake to maintain their healthy
lifestyle has increased the demand for protein-rich nutritional food items.
Global
Organic Yeast Market Competitive Landscape
The organic yeast
market is highly fragmented with several key players. The leading market
players have been investing in unleashing technologies and innovations to
generate high yields of organic yeast extracts by introducing novel equipment
and energy-efficient mixers and blenders. Furthermore, several firms are
adding a new range of organic products to their portfolios in order to
attract a wider variety of clients. Some of the key players in the global organic
yeast market include Koninklijke
DSM N.V, Lallemand, Biospringer, Leiber GmbH, Ohly, Levapan, Biorigin, Agrano
Gmbh & Co. KG, Red Star Yeast Company, Angel Yeast Co. Ltd, Solgar Inc.,
Imperial Yeast, and other prominent players.
The in-depth
analysis of the report provides information about growth potential, upcoming
trends, and statistics of the global organic
yeast market. It also highlights the factors
driving forecasts of total market size. The report promises to provide recent
technology trends in the global organic yeast market, along with industry
insights to help decision-makers make sound strategic decisions. Furthermore,
the report also analyzes the growth drivers, challenges, and competitive
dynamics of the market.
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