Global Yeast Ingredients Market is expected to reach USD 2.38 billion by 2020, according to a new study by Grand View Research, Inc. Growing consumer preference towards nutritional food consumption is expected to augment yeast ingredients market demand in the next six years. Food and animal feed manufacturers inclination towards use of specialty yeast products in order to enhance flavour is expected to further fuel market growth.
Yeast ingredients were majorly used in food application and are expected to dominate the market at a CAGR of 7.7% from 2014 to 2020. Hectic lifestyle coupled with increasing stress levels of individuals has resulted in rising consumption of healthy, nutritional and processed foods that is expected to be a key driver for market growth. Animal feed is expected to follow food application growing at a CAGR of 7.6% from 2014 to 2020.
Access for full Detail of Report and Complete TOC: http://www.grandviewresearch.com/industry-analysis/yeast-ingredient-market
Further key findings from the study suggest:
View all Related Reports from same Category by Grand View Research: http://www.grandviewresearch.com/industry/animal-feed-and-feed-additives
For the purpose of this study, Grand View Research has segmented the global yeast ingredients market on the basis of product, application and region:
Yeast Ingredients Product Outlook (Revenue, USD Million, 2012 – 2020)
• Yeast Extract
• Yeast Auto lysates
• Yeast Beta-Glucan
• Yeast Derivatives
Yeast Ingredients Application Outlook (Revenue, USD Million, 2012 – 2020)
Yeast Ingredients Regional Outlook (Revenue, USD Million, 2012 – 2020)
• North America
• Asia Pacific
• Latin America
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit us@ www.grandviewresearch.com