Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 43.15 Million | USD 100.91 Million | 9.9% | 2023 |
According to the report published by Zion Market Research, the global Revivable Yeast Market size was valued at USD 43.15 Million in 2023 and is predicted to reach USD 100.91 Million by the end of 2032. The market is expected to grow with a CAGR of 9.9% during the forecast period.
The report analyzes the global Revivable Yeast Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Revivable Yeast Market industry.
Yeast plays a chief role in the process of fermentation. This unicellular organism is considered to be a key ingredient and has several strains with unique flavors and aromas. Revivable yeast is a rich source of energy. These are gluten-free and do not have salt. The revivable yeast is also rich in minerals, vitamins, and proteins.
Factors such as an increasing number of health-conscious consumers preferring revival yeast due to its nutritional properties, rising marketing of revival yeast through social media, and rising awareness toward eco-immunology & probiotics are spurring the growth of the global revivable yeast market. Moreover, while buying a product consumers are being careful regarding the raw materials used in the food products. The use of chemicals in food products may increase the risk of food allergies, nausea, food intolerance, cancer, and much more disorder among consumers. Owing to this, most of the population prefers organic and non-GMO products to avoid any unprecedented effects. This in turn is driving the growth of the market.
Moreover, revivable yeast can be used as a salt replacer, flavor enhancer as well as substitute for meat in dairy products as well as a bakery. Hence, with the rising trend of veganism, the demand for revivable yeast is also growing, ultimately leading to the growth of the global revivable yeast market. Furthermore, the wide application of revival yeast in several industries including cosmetics, food & beverages, pet food industry as well as in personal care will create great opportunities for the growth of the global revivable yeast market.
The covid-19 pandemic has a multifaceted impact on the food & beverages industries. Due to lockdown, there is a disruption in supply chain & distribution, unavailability of raw materials, lack of labor and has also enforced the manufacturer & production unit to temporarily terminate the operations. Revival yeast is not only used in the food & beverages industry, but also in cosmetic, pet food, and personal care industries. All these industries had to face several challenges during the pandemic and are severely hit by such an outbreak of covid-19. Since all these industries are adversely affected, the demand for revival yeast has also decreased considerably.
Moreover, the lockdown has also imposed a shutdown of bakery and retail shops. Owing to all these factors, the growth of the global revivable yeast market is slowed down during the pandemic.
The global revival yeast market is categorized by type, sales channel, nature, and region.
Based on type, the market is divided into a tablet, capsule, and powder.
Based on the sales channel, the market is bifurcated into B2C and B2B. Among these, the B2B segment is anticipated to grow with the highest CAGR due to an increase in online sales owing to its ease in convenience & availability and current covid-19 pandemic situation.
Based on nature, the market is based on a tablet, powder, and capsule.
Report Attributes | Report Details |
---|---|
Report Name | Revivable Yeast Market |
Market Size in 2023 | USD 43.15 Million |
Market Forecast in 2032 | USD 100.91 Million |
Growth Rate | CAGR of 9.9% |
Number of Pages | 193 |
Key Companies Covered | Angel Yeast Company Ltd., Lallemand Inc., Alltech, Cypress Ingredients, Lesaffre, Bob's Red Mill Natural Foods, Bioforce Canada Inc., Kadac Pty Ltd, NOW Foods, and Quantum Nutrition Labs |
Segments Covered | By type, By sales channel, By nature and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America holds the largest share in terms of revenue and is anticipated to dominate the global revivable yeast market followed by North America. In North America, the growth in the market is attributed due to the presence of major manufacturers, the rising number of consumers owing to its nutritional value, and the rising trend of veganism among the population. The market in Europe is growing at a substantial rate due to the emergence of new players entering the market, a growing population preferring organic food as well as gluten-free food products, increasing demand in cosmetics, and the personal care industry. On the other hand, the Asia Pacific region is expected to show the fastest growth. This is attributed due to the rising interest of the major key players to expand their business in this region and the rising demand for the revivable yeast in the bakery.
The global revivable yeast market is led by players like:
By Type
By Sales Channel
By Nature
Global Revivable Yeast Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
The term "revivable yeast" denotes yeast cells that can be rehydrated and reactivated after being desiccated or preserved in another manner. This process enables the yeast to reestablish its metabolic activities, including fermentation, when it is introduced to an appropriate environment including moisture and nutrients.
The market is expanding due to the demand for high-quality yeast in the pastry and brewing industries. The demand for revivable yeast is exacerbated by the escalating consumption of bread, pastries, beer, and other fermented products. Revivable yeast is appealing to both commercial producers and household users due to its long shelf life and ease of storage.
According to the report published by Zion Market Research, the global Revivable Yeast Market size was valued at USD 43.15 Million in 2023 and is predicted to reach USD 100.91 Million by the end of 2032.
The market is expected to grow with a CAGR of 9.9% during the forecast period.
North America holds the largest share in terms of revenue and is anticipated to dominate the global revivable yeast market followed by North America. In North America, the growth in the market is attributed due to the presence of major manufacturers, the rising number of consumers owing to its nutritional value, and the rising trend of veganism among the population.
Angel Yeast Company Ltd., Lallemand Inc., Alltech, Cypress Ingredients, Lesaffre, Bob's Red Mill Natural Foods, Bioforce Canada Inc., Kadac Pty Ltd, NOW Foods, and Quantum Nutrition Labs are some of the prominent players operating in the global revivable yeast market.
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