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Europe is Projected to Account for the Largest Share of Organic Yeast Market by 2025

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Sonal Phulambrikar
Europe is Projected to Account for the Largest Share of Organic Yeast Market by 2025

 

The global organic yeast market size is estimated to be valued at USD 364 million in 2020 and is expected to reach a value of USD 599 million by 2025, growing at a CAGR of 10.5% during the forecast period. Factors such as increasing awareness among consumers about health & wellness, growing need to replace monosodium glutamate (MSG) as an additive in food products, and increased demand for organic food products across the globe is driving the growth of the market.

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Europe is projected to account for the largest share during the forecast period due to the presence of leading organic yeast manufacturers, such as Ohly (Germany), Biospringer (France), Leiber GmbH (Germany), and Biorigin (France).

The increase in importance of organic food products and retail sales of organic food products in countries, such as Germany, France, Italy, the UK, and Spain, are also contributing the growth of the organic yeast market. Due to the fast-paced lifestyles of consumers in Europe, the demand for snacks & savory products, bakery products, and meat and dairy products is growing. European countries are among the largest consumers of bakery products, meat, and dairy products, which further widens the scope for utilizing organic yeast.

The organic yeast market is estimated to grow significantly at the fastest rate in the Asia Pacific region due to the rise in demand for natural and organic food ingredients from the major economies such as China, India, Japan and other South East Asian countries as they experience a surge in the increase in number of health conscious consumers. With the increase in awareness amongst consumers about the essential nutrients requirement in daily diet, have increased the demand for protein rich nutritional supplement.

In Asia Pacific, trends around healthy lifestyles and prevention among older consumers trying to avoid expensive healthcare costs and extend healthy lifespans are generating growth opportunities dietary supplements. Thus causing organic yeast to flourish as it acts a high quality nutritional supplement as it contain vitamins, minerals and proteins which helps boost immunity.

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Leading companies operating in the organic yeast market are Koninklijke DSM N.V (Netherlands), Lallemand Inc. (Canada), Biospringer (France), Leiber GmbH (Germany), Ohly (Germany), Levapan (Colombia), Biorigin (Brazil), Agrano Gmbh & Co. KG (Germany), Red Star Yeast Company (US), Angel Yeast Co. Ltd (China), Solgar Inc (US), Imperial Yeast (Portland), Levex (Turkey), and White Labs Copenhagen (US).

 

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