Product Code: ETC4541185 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India yeast ingredients market import shipment demonstrated a steady growth trend with a CAGR of 3.5% from 2020 to 2024. However, there was a notable decline in growth momentum between 2023 and 2024, with a decrease of 15.1%. Overall, the market expansion slowed towards the end of the period.
The yeast ingredients market in India is experiencing substantial growth due to the expanding food and beverage industry. Yeast ingredients are widely used in baking, brewing, and various other applications. As consumer preferences for baked goods and alcoholic beverages continue to rise, the demand for yeast ingredients is on the upswing.
The India yeast ingredients market is driven by the growing demand for baked goods, alcoholic beverages, and various fermented foods. Yeast plays a crucial role in fermentation processes, contributing to the leavening of bread, the production of beer and spirits, and the development of flavors in food products. As consumer preferences shift towards natural and clean-label products, yeast ingredients are becoming essential for food and beverage manufacturers. Moreover, the increasing popularity of home baking, artisanal bread, and craft beer production is boosting the need for diverse yeast strains and ingredients.
The India yeast ingredients market faces several noteworthy challenges. One significant challenge is the fluctuation in yeast prices, which can be influenced by factors like climate conditions and global supply disruptions. This can lead to uncertainties in production costs and supply chain management for manufacturers. Furthermore, consumer awareness of dietary restrictions and preferences, such as vegan or gluten-free diets, can limit the market potential for yeast-based products, as some yeast extracts may not align with these preferences. The lack of a standardized regulatory framework for yeast ingredients can create complexities in product labeling and marketing, making it difficult for manufacturers to communicate the benefits and origins of their products to consumers effectively.
Yeast ingredients are essential in the food and beverage industry, and the market in India could have faced disruptions in supply and demand due to COVID-19. The pandemic could have affected the production and availability of yeast products.
The India yeast ingredients market is influenced by key players such as AB Mauri India Pvt. Ltd., Lesaffre India, and Gujarat Biotechnology Research Centre. These companies specialize in providing yeast-based ingredients for various food and beverage applications. Their expertise in yeast-related products and continuous innovation has shaped the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Yeast Ingredients Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Yeast Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 India Yeast Ingredients Market - Industry Life Cycle |
3.4 India Yeast Ingredients Market - Porter's Five Forces |
3.5 India Yeast Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Yeast Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Yeast Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 India Yeast Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for processed food products in India |
4.2.2 Growing awareness about the health benefits of yeast ingredients |
4.2.3 Rise in disposable income leading to higher spending on bakery and confectionery products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Lack of awareness about the versatility of yeast ingredients in various food applications |
4.3.3 Stringent regulations and quality standards in the food industry |
5 India Yeast Ingredients Market Trends |
6 India Yeast Ingredients Market, By Types |
6.1 India Yeast Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Yeast Ingredients Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Yeast Ingredients Market Revenues & Volume, By Yeast Extract, 2021-2031F |
6.1.4 India Yeast Ingredients Market Revenues & Volume, By Autolyzed Yeast, 2021-2031F |
6.1.5 India Yeast Ingredients Market Revenues & Volume, By Yeast Cell Wall, 2021-2031F |
6.1.6 India Yeast Ingredients Market Revenues & Volume, By Yeast-based Flavor, 2021-2031F |
6.2 India Yeast Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Yeast Ingredients Market Revenues & Volume, By Food, 2021-2031F |
6.2.3 India Yeast Ingredients Market Revenues & Volume, By Feed & Pet Food, 2021-2031F |
6.2.4 India Yeast Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3 India Yeast Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 India Yeast Ingredients Market Revenues & Volume, By Baker??s Yeast, 2021-2031F |
6.3.3 India Yeast Ingredients Market Revenues & Volume, By Brewer??s Yeast, 2021-2031F |
7 India Yeast Ingredients Market Import-Export Trade Statistics |
7.1 India Yeast Ingredients Market Export to Major Countries |
7.2 India Yeast Ingredients Market Imports from Major Countries |
8 India Yeast Ingredients Market Key Performance Indicators |
8.1 Consumer awareness levels about yeast ingredients in India |
8.2 Adoption rate of yeast ingredients by food manufacturers in new product development |
8.3 Percentage of food companies using yeast ingredients in their product formulations |
8.4 Research and development investments in improving yeast ingredient technology |
8.5 Number of new product launches featuring yeast ingredients in the Indian market |
9 India Yeast Ingredients Market - Opportunity Assessment |
9.1 India Yeast Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Yeast Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Yeast Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
10 India Yeast Ingredients Market - Competitive Landscape |
10.1 India Yeast Ingredients Market Revenue Share, By Companies, 2024 |
10.2 India Yeast Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |