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Yeast & Bacteria for Food Production - Industry Market Research Report

  • April 2016
  • 32 pages
  • Ibisworld
Report ID: 2573265

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On the rise: Growing demand and an increased health trend will benefit the industry



Abstract

Yeast & Bacteria for Food Production

The Yeast and Bacteria for Food Production industry has blossomed in the five years to 2016. Demand from major markets including bakeries, breweries and dairy-product manufacturers has increased and a sizeable share of demand is expected to be met by imports. In addition, health benefits of probiotic bacteria in dairy products such as yogurt have also been touted by nutritional science in the past five years, boosting demand. In the five years to 2021, imports will continue to provide a major source of demand, but production in the United States is also expected to pick up. Increased demand from specific markets will also spur increased production and the health trend is forecast to gain greater momentum, benefiting the industry.

This industry comprises establishments primarily engaged in producing yeasts and bacteria used in human and animal food and beverages as flavor enhancers, bakery goods, brewing and health and dietary supplements.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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