Candy Market: Increasing Expenditure Capacity of Consumers & Growing Urbanization boosts the Market

Global Candy Market: Overview

The food and beverages industry identifies candy as a part of the confectionary industry and uses the term confectionary and candy interchangeably. This preferably includes preserves, pastries, and ice creams. The global candy market has been segmented on the basis of the presence of chocolate. The candy market is considered to be a seasonal market and has skyrocketing sales during festive seasons. To meet the mounting requirements for candies during festive seasons, manufacturers raise the employment in order to intensify production and output. Chocolate candies are referred to the ones which include cocoa products or chocolate in them, for instance cocoa butter. Non-chocolate candies comprise confectionary products which do not have chocolate or any chocolate-replicate within them such as marshmallows, licorice, hard candies, and jelly beans.

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This market study is an assessment of the growth scenarios and chronological tract of the global candy market. It deals with the valuation of the facets that have been projected to influence the expansion of the market both destructively and positively. Further, the significant trends have also been indicated in the publication. The market study further presents an extensive outlook on the seller background of the market referring to Porter’s five forces analysis. The research report also deals with the R&D accomplishments, mergers, acquisitions, and essentials on certifications and partnerships. The report analyses the tactics related to shares, profile-raising, and product series of the key companies in the global candy market.

Global Candy Market: Drivers and Restraints

The prime facets influencing the growth of the global candy market are the incessantly increasing expenditure capacity of consumers and growing urbanization. The growing target consumer base and product innovation is further expected to drive the growth of the global candy market. The majority of candies are made for children and the young population. The demand is basically driven by population growth, disposable income, and consumer tastes and preferences. Large multinational companies have a significant advantage over small and medium scale companies in terms of economies of scale in purchasing and manufacturing.

The industry demand is likely to get subdued because of growing health concerns among consumers, shifting preferences, and falling prices of sugar with low selling prices. The promotion by companies selling health improving products is also a prime inhibiting factor in the growth of the market. Most of these are underpinned by research and scientific studies. As candies contain a sizeable quantity of sugar, thus they are directly connected with diabetes and obesity. This issue is likely to be addressed by the development of low-calorie and sugar-free candy substitutes. However, the performance of the global candy market is anticipated to gain speed owing to the rising consolidation and investment in innovation by leading multinational companies. As a result of this, candy manufacturers are likely to develop healthier candy alternatives to mitigate the adverse perception consumers have towards candy.

Global Candy Market: Key Regions

Europe, Asia Pacific, and North America are likely to emerge as lucrative markets for the manufacturers of candy across the world. The growing innovations, rising disposable income, and increasing candy consumption across various age groups in these regions is likely to bode well for the market growth here.

Global Candy Market: Vendor Landscape

The competition among the players in the global candy market is relatively strong with the presence of a large number of companies and variety of products. It is likely to be moderately difficult for new players to enter the market due to strong positioning of the leading companies. A sufficient amount along with safety standards and packaging rules makes entry in the market a rather difficult task. Some of the leading players in the market include Nestlé Nestle SA, DeMet’s Candy Co., Mondeléz International Inc., Mars Inc., and Ferrara Candy Co.

Global Natural Source Vitamin E Market: Consumer Inclination towards Healthy Diet and Lifestyle to Encourage Growth, says TMR

The global market for natural source vitamin E is extremely consolidated and competitive in nature, thanks to the key players that are dominating the overall market, states a research study by Transparency Market Research (TMR). In 2015, the leading players operating in the global natural source vitamin E market, namely DSM N.V., BASF SE, Archer Daniels Midlands Company, and Wilmar Spring Fruit Nutrition Products Co. Ltd. collectively accounted for a share of 57.9% of the global market. In order to enhance their market presence and maintain their dominance, the leading players are focusing on the expansion of application base and new product development. In addition, the rising number of mergers and acquisitions and strategic partnerships are anticipated to encourage market growth in the near future.

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As per the research report by Transparency Market Research, in 2015, the global market for natural source vitamin E was valued at US$765.6 mn. The market is projected to reach a value of US$2,251.7 mn by the end of 2024, registering a progressive 12.80% CAGR between 2016 and 2024.

North America and Europe to Witness progressive Growth in Global Market

Among the key regional segments, North America is expected to lead the global natural source vitamin E market and hold a significant share in the next few years. Europe is projected to follow North America and witness healthy growth in the forecast period. The rising awareness among consumers in these developed regions concerning a healthy lifestyle and the growing need to consume essential nutrients through different supplements are the key factors encouraging the growth of natural source vitamin E market in North America and Europe. On the flip side, Asia Pacific is projected to witness robust growth in the forecast period, owing to the rising disposable income and easy availability of products.

On the basis of application, the dietary supplements segment is estimated to witness robust growth throughout the forecast period. In 2015, this segment account for nearly half of the global market and is estimated to continue its dominance in the near future. The growing awareness among consumers related to the well-being and a healthy lifestyle are some of the major factors that are anticipated to fuel the growth of the dietary supplements segment in the coming years. Furthermore, the emergence of new products and innovations is likely to contribute towards the development of the market.

Increasing Awareness for Healthy Lifestyle to Boost Market Growth

The global natural source vitamin E market is growing at a progressive rate, thanks to the rising awareness among consumers regarding the rising need to consume vitamin E. The unhealthy diet, sedentary lifestyles, and the growing geriatric population have resulted in a high prevalence of non-communicable chronic diseases, such as cardiovascular and respiratory diseases and diabetes. The health benefits offered by vitamin E and the easy availability of products are further estimated to accelerate the growth of the market in the next few years.

Furthermore, the rising disposable income among consumers, especially in emerging economies and the developing economic conditions are expected to boost the demand for dietary supplements in order to lead a healthy lifestyle, thus propelling global natural source vitamin E market. In addition, the inclination of consumers towards healthy diet and strict health regimens are likely to offer promising and lucrative opportunities for market players.

High Cost of Production to Inhibit Market Growth

The global market for natural source vitamin E is expected to witness several challenges throughout the forecast period, which are likely to restrict the growth of the overall market. The high cost of production is one of the vital factors that is anticipated to hamper the growth of the overall market in the next few years. Nonetheless, the growing focus of key players on expansion of the product portfolio and research and development activities are predicted to supplement the growth of the market.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Natural Source Vitamin E Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.”

The global natural source vitamin E market has been segmented as below:

Global Natural Source Vitamin E Market, by Product Type

• Tocopherol
• Tocotrienol

Global Natural Source Vitamin E Market, by Application

• Dietary Supplements
• Food and Beverages
• Cosmetics
• Others

Orange Concentrate Market - Positive Long-Term Growth Outlook 2024

Orange concentrate is the process in which juice from the fresh orange is squeezed leaving behind pulp, all liquid from juice is then dehydrated, yielding the product seven times more concentrated than juice. The process of orange concentration is done by compressing and then freezing the juice; this allow more efficient packaging and transportation, water is added again before selling the product. This dehydration of fresh oranges is creating many debates, at one end where the question is raising on its nutritional value, other end concentrated oranges are providing an opportunity of getting many varieties of food products fused with orange flavor.

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Global Orange Concentrate Market: Drivers & Restraints

The ever growing demand for fruit juices in every region of the world is the primary reason that enhance the growth of orange concentrate products across the globe. Growth in food and beverages industry is another reason to improve the market. The products of orange concentrate are three to seven times concentrated, which makes it very less in volume as compared to the fresh orange. This ease the transportation, shipping and warehouse of the product while being less expensive. Major drive orange concentrate provides to the end user industries is the nutritional value while being natural sweeteners, flavor and color agent to food over other edible synthetic sweeteners and artificial colors. This provides the manufacturers for labeling their foodstuffs as natural and a healthier version of products made from sucrose, synthetic flavoring, and color.

Although demand and necessity of concentrate orange in the market can be seen broadly but some factors such as awareness among consumers about occurrence of ill effect on consumption of excess fructose, awareness about benefits of fresh orange over concentrated orange and dependence of concentrated orange market on the production of oranges worldwide hinder the orange concentrate market worldwide. Orange concentrate market is also, to a scope, reliant on end use industries such as confectionary, beverages and bakery. Hence, market growth of orange concentrate market also depends upon the market growth of these end-use industries.

Global Orange Concentrate Market: Segmentation

The global Orange Concentrate market is segmented by its product forms, and applications

Based on its product forms, orange concentrate market is segmented into:

• Liquid Concentrate
• Powder Concentrate
• Puree Concentrate
• Clear Concentrate
• Frozen Concentrate
• Others

Based on its applications the orange concentrate market is segmented into:

• Beverage
• Food
• Confectionery
• Dairy
• Bakery
• Others (baby food, savory & snacks, salads, sauces, and desserts)

Global Orange Concentrate Market: Regional Outlook

Based on the geographies, orange concentrate market is segmented into seven regions - North America orange concentrate market, Latin America orange concentrate market, Eastern Europe orange concentrate market, Western Europe orange concentrate market, Asia Pacific excluding Japan orange concentrate market, Japan orange concentrate market and the Middle East & Africa orange concentrate market. Increasing awareness of the harsh effects of sugar, together with the growing demand for convenience foods among countries such as U.S, Canada, Mexico made North America and Latin America dominating region in the market of Orange Concentrate. The second leading region is Eastern and Western Europe where countries such as Germany, France, Italy, U.K and Spain practices orange concentrate juices mostly in confectionery and bakery segment of the food industry. Asia Pacific excluding Japan is an emerging region because of the developing countries such as China, India rising intake of nutritional food items. Besides, there is an increase in the forward trend towards the consumption of processed food products which further shows the growing use of orange concentrate.

Global Orange Concentrate Market: Key Players

Few of the market players accounting on orange concentrate market includes Cargill Inc. (U.S.), Tate & Lyle (England), Ingredion (U.S.) and E.I. DuPont de Nemours and Company (U.S.) among others. There is the competition among key players of this market for achieving market share, these companies are adapting several strategies such as partnership, innovative product development, expansion of existing facilities and merger and acquisition.

Processed Fish Market - Increasing Demand for Processed Seafood among Consumers boosts the Market

The word fish is associated with eatable aquatic species such as finfish, crustaceans, and mollusk. Fish is one of the delicate food which demands proper handling for a long shelf life so that it do not lose its nutritional value and desired quality, the primary concern from which fish is to be protected is the deterioration issue. Many contributors are involved in fish processing such as fishermen, fish sourcing suppliers, seafood processors, manufacturers, logistics and distribution, marketing & sales, and end-use industries or consumers. Hence processed fish or fish products are obtain by undergoing series of operations from the time fish were harvested; till the time fish or fish products are delivered to the consumers. Mostly, big business in fish processing operates their own fish farming operations. Earlier fishery products were dependent upon very simple methods majorly on knives and salt, this hinder quality of the fish product when reached to the consumers at distant places. In 1980 market price of fish products totally liberalized, this brought a great change in seafood industry; all modern techniques adopted while giving the variety of processed fish food globally.

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Processed Fish Market: Market Dynamics

The growth in the processed fish market is primarily attributed to the increasing demand for processed seafood among consumers and economic growth landing to rising disposable income are driving the growth of the processed fish market. Besides, change in lifestyle pattern, particularly in the developing countries, are increasing demand for processed fish. Due to hectic lifestyle, time-strapped people prefer processed fish products over others as it provides healthy food options which are convenient to cook and minute ready to eat. On the other hand, the major factor restraining the growth of processed fish market is the increase in the price of raw material used for manufacturing processed fish.

Processed Fish Market: Market Segmentation

The global processed fish market is segmented into four categories based on the product type, sources, species, equipment, and applications.

Based on the product type, the global processed fish market is segmented into:

• Frozen
• Canned
• Surimi
• Fish Meal
• Sun-Dried
• Cured
• Roast
• Smoked
• Salted
• Others

Based on types of source, the global processed fish market is segmented into:

• Marine
• Inland

Based on species, the global processed fish market is segmented into:

• Fish
• Mollusk
• Crustaceans
• Others

Based on the type of equipment used, the processed fish market is segmented into:

• Slaughtering
• Gutting
• Scaling
• Filleting
• Deboning
• Skinning
• Others

Based on the type of applications, the global processed fish market is segmented into:

• Food
• Non-Food

Processed Fish Market: Regional Outlook

Regarding geography, the processed fish market has been categorized into seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. The Processed Fish market is expected to register healthy CAGR during the forecast period. Asia Pacific excluding Japan is experiencing the rapid increase in the production capacity of processed fish market as a demand ready to eat seafood as a substitute for protein is rising in developing countries such as China, India, and South Korea. The Eastern and Western Europe are projected to register healthy growth in countries such as UK, Portugal, Italy, France, Germany shows increment in the usage of marine food in catering while demanding processed seafood. North and Latin America is also witnessing steady growth in processed food market.

Processed Fish Market: Key players

Some of the key player’s global processed fish market are Iglo Group, High Liner Foods, Norway Pelagic ASA - Pesconova S.A., Royal Greenland A/S, Leroy Seafood Group, Thai Union Frozen Products Public Company Limited, Marine Harvest, Dong Won Fisheries, Nippon Suisan Kaisha, Ltd., Leroy Seafood Group ASA, Empresas Aqua Chile, Beijing Princess Seafood International Trading, Findus Group, Faroe Seafood, Kverva, Hansung Enterprise, Maruha Nichiro Corporation, and Charoen Pokphand Foods PCL among others.

Hispanic Foods Market is Expected to Register Healthy CAGR during 2016 - 2024

The word Hispanic refer to the nation, culture, people adhering ancient relation with Spain. It is a colony of Spanish people in America and Asia particularly covering Latin America and Philippine region. They are majorly illustrated as the Spanish speaking, Hispanic food eating people, who participate in Hispanic festivals and holidays. There are wide-ranging food products in the Hispanic community which is gaining popularity all over the world especially, North America and Asia. Nachos, pickles, tortillas, peanut butter, burritos, salsa, pretzels, tacos are some of them who made recognition as international food and entrance in international restaurants. Due to popularity for Hispanic food among Americans attracted many food manufacturing firms to come up with the variety of product lines. It is encountered that scope of Hispanic food is far large than Hispanic food consumer and this provide retailers and mainstream marketers to experiment with traditional Hispanic food with other varieties as per consumers regional area and eating preferences.

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Hispanic Foods Market: Market Dynamics and Restraints

Ongoing growth of the Hispanic American population, in quantities and as a share of the total population; the rising interest of the majority population regarding the desire for new dining experiences; and the creative efforts of the vendors to accomplish buyer’s desire has enhanced the growth of Hispanic Foods across the globe. Growing distribution channels are positively affecting the market of Hispanic foods. Availability of Hispanic foods in packages has also enhanced its market all over the world and provided a growth opportunity for Hispanic food to cover the broad range of customers. Major Hispanic food marketers are coming up with new varieties especially with the product line which contains aura of authenticity. This variety is attracting ‘foodies’ all over the globe. Also, marketers are coming up with the combination of their product with the latest trend, especially joining the trend of ‘free from’ type of foods. This strategy provides them the opportunity to capture trend following consumers as well.

Hispanic Foods Market: Market Segmentation

The global Hispanic Foods market is categorized into three segments based on their Mexican, Authentic and Nuevo product types.

Based on Mexican Hispanic Foods, the global Hispanic Foods market is segmented into:

• Tortillas
• Tacos
• Salsa
• Refined Beans
• Burritos
• Tex- Mex Cuisine
• Nachos
• Others

Based on Authentic Hispanic foods, the global Hispanic foods market is segmented into:

• Products imported from Hispanic countries
• Products prepared locally using traditional recipes

Based on Nuevo Latino foods the global Hispanic foods market is segmented into:

• Fusion of American foods and Hispanic food
• Traditional food with Hispanic flavors

Hispanic Foods Market: Regional Outlook

Regarding geography, the global Hispanic foods market has been categorized into seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. The Hispanic Foods market is expected to register healthy CAGR during the forecast period.

The growing appetite of non-Hispanic Americans for Latino cuisine pooled with the rapid increase in Hispanic population in countries such as U.S, Canada and Mexico made North America followed by Latin America dominating region in the market of Hispanic Foods. The other region is Asia-Pacific excluding Japan which is accounting as an emerging region in Hispanic foods market because of the rising trend of in taking processed food, packaged food, urban lifestyle, tight schedule and restaurant eating trend in developing countries such as India, China, Soth Korea, etc.

Hispanic Foods Market: Key Players

Some of the key players of global Hispanic Foods market are Grupo Lala, Abuelo's, Taco Bell, AlegroFoods, PepsiCo, Amigofoods, Patrón, B&G Foods, Pappasito's Cantina, Baja Fresh Mexican Grill, On The Border Mexican Grill & Cantina, Barcel USA, Olé Mexican Foods, Campbell Soup, Not Just Mexican, Churromania, My Mexican Pantry, ConAgra, La Preferida, Concha y Toro, Kraft Heinz, Del Taco, Juanita's Foods, El Meson Sandwiches, Jose Cuervo, Frito-Lay, Rowland Coffee Roasters, General Mills, Hormel, Goya, Herdez, Gruma, Grupo Modelo, and Grupo Bimbo Bakeries.

Licorice Extracts Market: Increasing Demand for US Blend Cigarettes Worldwide boosts the Industry

Global Licorice Extracts Market: Overview

Liquorice is the root of Glycyrrhiza glabra and Glycyrrhiza inflate from which sweet flavours can be extracted. The licorice plant is native of Mediterranean, Southern and Central Russia, Asia and Iran. The extract is produced by boiling the licorice root and evaporating the water, thus leaving behid licorice extracts which are times sweeter than sucrose. This concentrated extract can be converted into either powder, semi fluid and block form. The product is widely used in tobacco industry to impart sweet flavours, which makes it easier to inhale. Moreover, the product is also used in the manufacturing of a wide range of candies and confectionary products. The products is also one of the most widely used medicinal herbs worldwide, with significant penetration of its medicinal usage in China. The global market for licorice extracts is anticipated to expand with a decent CAGR over the forecast period.

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Global Licorice Extracts Market: Drivers and Restraints

The prime factor driving the growth in the global licorice market is increasing demand for US blend cigarettes worldwide, as licorice is extensively used to impart flavours to these tobacco products. Increasing preference for natural ingredients for pharmaceuticals, particularly from European countries is another factor driving the demand for licorice extracts. Moreover, the demand for natural ingredients such as licorice extract is increasing not just from conventional but also herbal medicine manufacturers, this can be primarily attributed to commercialization of the herbal medicine sector. Furthermore, the global confectionary industry is also anticipated to execute impressive growth across the globe, amid rising preference for sugar free items. Thus, driving continuous demand for licorice extract. Increasing production of MAG sweeteners (Monoammonium Glyzyrrhizinat) is another prime factor driving the need for production of licorice extracts.

However, licorice products need to incline with legal requirements on Ochratoxin A levels, which can be considered as a biggest restraint for this market.

Global Licorice Extracts Market: Segmentation

On the basis of form type,

• Powder
• Semi-Fluid/Paste
• Block

On the basis of end use application,

Pharmaceutical

Herbal Medicines

Industrial

Tobacco Industry

Food and Beverage

• Dairy
• Confectionary
• Bakery
• Savoury
• Others

Cosmetics

Others

Global Licorice Extracts Market: Region Wise Outlook

The Global Licorice Extract Market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The most prominent region in terms of consumption of licorice extract is Western Europe. This can be primarily attributed to rising demand for herbal medicines in Germany, Netherlands and Spain. North America is also anticipated to account for a prominent market share for licorice extract consumption. China which was earlier the net exporter of licorice extracts is on the path of becoming a net importer, this can be attributed because most of the licroice roots in the country are harvested in an unorganized way and the country is losing its resources. Thus an increasing demand for licorice extract from China is reasonable anticipation. Furthermore, demand from APEJ is anticipated to execute the highest growth rate over the forecast period. Most of the licroice extract facilities are located in Middle East and Africa region, particularly in Iran, but in terms of demand the region lacks far behind Western Europe, North America and Asia Pacific. Japan is also a leading country in terms of net imports and demand for the region is anticpated to remain stagnant over the forecast period.

Global Licorice Extracts Market: Key Players

The global licorice extract market is highly fragmented with a large number of small regional players, particularly from Middle Eastern and Asian countries. Some of the key players in the global licorice extract market are:

• Norevo GmbH
• Mafco LLC
• Daepyung Co. Ltd.
• Hepner & Eschenbrenner
• ASEH Licorice MFG & Exp Co.
• CE Roeper
• Natural Licorice Co.
• Zentralfachschule der Deutschen Süßwarenwirtschaft e.V.
• Novel Nutrients Private Limited
• Shaanxi Hongda Plant Chemical Co. Ltd
• Riotto Botanical Co. Ltd

Fermented Ingredients Market - Global Industry Analysis 2024

Fermented ingredients are the fermented raw materials use in the production of biotechnologically advanced food and beverages, biopharmaceuticals, and personal care products. The global fermented ingredients market is expected to have significant growth rate, attributed to growing food industry and increasing demand for fermented and organic food. Asia-Pacific except Japan has substantial growth in the global fermented ingredients market, owing to rapidly growing population in countries such as China and India.

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Global Fermented Ingredients Market Dynamics:

The growth of the global fermented ingredients market is driven by growing demand for organic food, increasing investments in the food industry, high demand for fermented food, and increasing health consciousness of consumers. Macroeconomic factors such as growing economy, increasing per capita income, rapid rate of urbanization, and employment rate driving the global fermented ingredients market. Growing food, pharmaceuticals, textile, and personal care industry are also some of the factors responsible for the growth of the global fermented ingredients market. Some of the factors trending the global fermented ingredients market include growing technological advancement in the production of fermented ingredients and mergers & acquisitions between the suppliers and end-use industries of fermented ingredients market. The company operates in the fermented ingredients market have significantly high opportunity in regions such as Asia-Pacific, Middle East & Africa, and Latin America attributed to the significantly growing economy and population across the regions.

Global Fermented Ingredients Market Segmentation:

The global fermented ingredients market is segmented on the basis of fermentation method, product type, end-use, form, and region. Based on fermentation method, the global fermented ingredients market segmented as anaerobic fermentation, aerobic fermentation, continuous fermentation, and batch fermentation. On the basis of product type, the global fermented ingredients market is segmented as antibiotics, industrial enzymes, polymers, vitamins, organic acids, amino acids, and biogas, wherein industrial enzymes segment have significant revenue share, whereas, antibiotics segment is expected to have substantial growth rate, owing to high demand of fermented ingredients in food and pharmaceutical industry across the globe. On the basis of end-use, the global fermented ingredients market is segmented as feed, food & beverages, textile & leather, paper, pharmaceuticals, personal care, and biofuel. Among these, food & beverages segment is expected to contribute for major revenue share whereas, pharmaceuticals segment is expected to expand at a significant CAGR in the global fermented ingredients market. Based on form, the global fermented ingredients market segmented as liquid and solid ingredients, wherein liquid ingredient segment is expected to grow at a substantial CAGR.

Based on fermentation method, the global fermented ingredients market is segmented into:

• Anaerobic Fermentation
• Aerobic Fermentation
• Continuous Fermentation
• Batch Fermentation

Based on product type, the global fermented ingredients market is segmented into:

• Antibiotics
• Industrial Enzymes
• Polymers
• Vitamins
• Organic Acids
• Amino Acids
• Biogas

Based on end-use, the global fermented ingredients market is segmented into:

• Feed
• Food & Beverages
• Textile & Leather
• Paper
• Pharmaceuticals
• Personal care
• Biofuel

Based on form, the global fermented ingredients market is segmented into:

• Liquid
• Solid

Global Fermented Ingredients Market Regional Outlook:

Based on the geographies, the global fermented ingredients market is fragmented into seven regions -- North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific except Japan, Japan, and the Middle East & Africa. Among the regions, Asia-Pacific accounts for a relatively high share of the fermented ingredients market, attributed rapidly growing population across the region particularly in the countries such as China and India. North America and Western Europe also accounts for the significant share of the global fermented ingredients market with substantial growth rate, owing to rapidly increasing demand for organic food across the regions. Eastern Europe and Japan also accounts for significant value share in the global fermented ingredients market. The Middle East and Africa is expected to expand at a substantial CAGR, owing to growing food industry across the region, particularly in GCC countries. Overall, the outlook for the global fermented ingredients market will have a positive growth over the forecast period, increasing demand for organic food, high demand for fermented food, and health consciousness among consumers being counterfeiting factors.

Global Fermented Ingredients Market Player:

Few players in the global fermented ingredients market include Lallemand Inc. (Canada) and Lonza, Angel Yeast Co. Ltd., BASF SE, Chr. Hansen A/S, Koninklijke DSM N.V., Ajinomoto Corporation Inc., and E. I. du Pont de Nemours and Company.

Yeast Extracts and Autolysates Market - Positive Long-Term Growth Outlook 2024

Yeast is a single cell microscopic organism of fungus kingdom, it is found abundantly in nature and used widely in making many food product and beverages. Yeast extract, a common name for processed yeast product is a thick brown sticky semi- solid food made by extracting the cell content while removing the cell wall. Due to its intense flavor, it is majorly used as a flavoring agent or food additive by vegetarians and others for flavoring savory food, broadly found in a variety of packaged foods such as frozen meals, gravy, snack foods, crackers, stock, etc,. Similar to yeast extract, autolysate which is also known as autolysed yeast is an extract of yeast produced by self-digestion of yeast constituents by enzymes contained in yeast cells. However two major aspects differ yeast extract from autolysate yeast first; autolysate yeast contains cell wall whereas yeast extract does not and second; as compared to yeast extract, autolysis stage of the production process is shorter in autolysate yeast. Majorly yeast extract market is driven by three different yeast extract forms which are bakery yeast, brewery yeast, and ethanol yeast.

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Yeast Extracts and Autolysates Market: Market Dynamics and Restraints

The ever growing demand for bakery food products and the alcoholic beverages has enhanced the growth of yeast extracts and autolysates across the globe. Rising demand of yeast as a flavor enhancer is driving the market of all kind of yeast. Another boosting factor for yeast extracts and autolysates is the increasing demand of MSG, a synthetic flavor enhancer; in upcoming years MSG market is expected to grow substantially. Studies have highlighted that yeast extract and autolysate is an adequate replacement of MSG. Significant mergers and acquisitions, collaborations among small and big key players of this industry, and new joint ventures are becoming industry trends further fueling market growth. Also inclination of animal food manufacturer for using yeast extract in regards to enhancing the flavor is playing another important role in the market growth of yeast extracts and autolysate market.

Yeast Extracts and Autolysates Market: Market Segmentation

The global Yeast Extracts and autolysates market is segmented into three parts based on their forms, types, and applications.

Based on their form, the global yeast extracts and autolysates market is segmented into:

• Dry Yeast
• Instant Yeast
• Fresh Yeast

Based on their types the global yeast extracts and auto lysates market is segmented into:

• Baker's Yeast
• Wine Yeast
• Brewer’s Yeast
• Yeast Cell Organelles
• Bio- Ethanol Yeast
• Others

Based on their applications the global yeast extracts and auto lysates market is segmented into:

• Alcoholic Beverages
• Non-Alcoholic Beverages
• Bakery
• Feed Industry
• Food Industry
• Prepared Food

Yeast Extracts and Autolysates Market: Regional Outlook

Regarding geography, the global yeast extracts and autolysates market has been categorized into seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. The yeast extracts and autolysates market is expected to register healthy CAGR during the forecast period. The large consumption of bakery products such as bread, cakes, doughnuts, muffins, rolls and croissants in the main course meal in countries such as U.S, Canada, Mexico made North America and Latin America dominating region in the market of yeast extracts and autolysates. The other leading region is Eastern and Western Europe where countries such as Germany, France, Italy, U.K and Spain practices yeast extracts and autolysates mostly in alcoholic beverages and bakery. Asia Pacific excluding Japan is an emerging region because of the developing countries such as China, India rising trend of in taking processed food.

Yeast Extracts and Autolysates Market: Key Players

Some of the key players of global yeast extracts and autolysates market are Chr. Hansen A/S, Synergy (High Wycombe) Ltd., Alltech Inc., Leiber Gmbh, Angel Yeast Co. Ltd., Royal Dsm N.V., Associated British Foods Plc, Oriental Yeast Co. Ltd. , Lesaffre Group, and Lallemand Inc.