Global Yeast Derivatives Market 2022-2028
Yeast derivatives are well known for their benefits in animal and human nutrition and are mainly used to help balance the intestinal microflora and help stimulate the host's natural defences. According to market research study published by Gen Consulting Company, the global yeast derivatives market stood at around USD 1,986 million in 2021 and is projected to rise to a worth of USD 3,026 million by 2028 end, thereby garnering a CAGR of 6.2% during 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global yeast derivatives market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the yeast derivatives industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, form, application, and region. The global market for yeast derivatives can be segmented by product: extracts and autolysates, beta-glucans, mineral yeasts, yeast as by-product, others. Globally, the extracts and autolysates segment made up the largest share of the yeast derivatives market. Yeast derivatives market is further segmented by form: dry yeast derivatives, wet yeast derivatives. The dry yeast derivatives segment captured the largest share of the market in 2021. Based on application, the yeast derivatives market is segmented into: animal feed, food and beverages, others. According to the research, the animal feed segment had the largest share in the global yeast derivatives market. On the basis of region, the yeast derivatives market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW). Europe held the largest revenue share in 2021.
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