As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
North America is witnessing significant growth owing to the high demand for animal feeds. Moreover, research and development (R&D) by the major companies and the strict guidelines on the use of feed and food supplements are further invigorating the market growth. Europe is also expected to grow healthily in the forecast period due to the rising production of animal feed and favourable government policies. Meanwhile, the Asia Pacific region is expected to witness robust growth due to the flourishing feed supplement industry. The exponential growth of population and the increasing demand for high-quality animal products is also boosting the market growth. Moreover, increasing urbanisation and escalating export activities by countries such as India, Japan, and China are further bolstering the market growth. Additionally, the rising consumer awareness and the increasing demand for safe and healthy products are expected to fuel the market growth. Such developments in the major regions are contributing significantly to the market growth, consequently aiding the growth of the overall market.
Some of the leading players in the market are Associated British Foods plc (OTCMKTS: ASBFY) and Leiber GmbH. The latter launched Leiber NuTaste® in 2020, which offers an abundance of natural flavours, which can be used either pure or in combination with other yeast extracts. Moreover, it offers a broad spectrum of applications based on the enhanced attractiveness, tastiness, taste improvement of feeds, and increase in feed intake. It also has additional colouring or nutritional effects, therefore it can be used for enhancing individual flavours, reducing the salt content in the product, and replacing artificial colourants for application in vegetarian and vegan foods. Such developments are anticipated to propel the market growth in the forecast period.
Market Analysis by Type, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global market for brewer’s yeast are Titan Biotech Limited, Lallemand Inc., Leiber GmbH, and Cargill, Incorporated, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.