Market Forecast By Type (Feed Grade, Food Grade, Pharma Grade), By Application (Food, Fermentation, Health, Feed) And Competitive Landscape
Product Code: ETC218342 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Brazil Inactive Dried Yeast Market |
Forecast period | 2024-2030 |
CAGR | 5.2% |
Growing Sector | Health Food |
Brazil Inactive Dried Yeast Market report thoroughly covers the market by type and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil Inactive Dried Yeast Market is witnessing rapid growth and is expected to continue its upward trajectory in the coming years. The increasing demand for processed food products, as well as the rising consumer awareness about the health benefits of inactive dried yeast, are major factors contributing to this growth.
According to 6Wresearch, the Brazil Inactive Dried Yeast Market Size is projected to grow at a CAGR of 5.2% during the forecast period of 2024-2030. The market is undergoing significant growth, driven by a robust demand in the food and beverage industry, where it's increasingly used as a nutritional supplement and flavor enhancer. This trend is supported by the rising awareness among consumers about the health benefits associated with yeast-based products, including improved digestion and enhanced immune response. Furthermore, the market is benefiting from the burgeoning craft beer industry in Brazil, where inactive dried yeast is a critical ingredient for fermentation processes. However, the industry faces challenges such as fluctuations in raw material availability and prices, which can impact production costs and market stability. Despite these challenges, emerging opportunities are apparent in the form of technological advancements in yeast production and processing, allowing for higher quality and more diverse yeast products. Additionally, the growing trend towards veganism and clean label products in Brazil is opening up new avenues for the application of inactive dried yeast in a variety of food formulations, positioning it as a versatile and valuable ingredient in the expanding the market.
One of the prominent players in the Brazil inactive dried yeast market is Lallemand Inc., a Canadian-based company that offers a wide range of yeast products. The company has a strong presence in the Brazilian market and is known for its high-quality and innovative products. Angel Yeast Co., Ltd. is another leading player in the market, offering a variety of inactive dried yeast products for different applications such as food and beverages, animal feed, and biofuels. Leiber GmbH, a Germany-based company, is also a key player in the Brazilian market. The company specializes in producing high-quality inactive dried yeast for various industries including food and beverage, nutrition, and pharmaceuticals.
In recent years, the government has been taking initiatives to promote and support the Brazil Inactive Dried Yeast Market Growth. These initiatives include providing subsidies and tax incentives for companies investing in research and development of new yeast products, as well as promoting partnerships between local producers and international players. The government has also implemented regulations and quality standards for the production and distribution of inactive dried yeast products to ensure consumer safety and product quality. Moreover, Brazil's increasing focus on sustainable agriculture has created opportunities for the use of inactive dried yeast in animal feed, leading to further market growth.
The Brazil inactive dried yeast market is expected to witness significant growth in the coming years. The market is primarily driven by the increasing demand for natural and functional ingredients in food and beverage products, as well as the rising trend of clean label and plant-based products in the country. Additionally, the growing awareness about the health benefits of inactive dried yeast, such as its use as a source of protein and vitamins, is also contributing to market growth. Furthermore, the Brazilian government's focus on promoting sustainable and eco-friendly practices in various industries is expected to drive the adoption of inactive dried yeast products in the country.
According to Ravi Bhandari, Research Head, 6Wresearch, Feed-grade inactive dried yeast is widely used as a nutrient-rich ingredient in animal feed, especially in the poultry and aquaculture industries. This can be attributed to its high protein content, which helps in improving animal growth and overall health.
The food is the leading sector for inactive dried yeast consumption in Brazil. The rising health consciousness among consumers has resulted in a higher demand for natural and nutrient-rich ingredients in food products. Inactive dried yeast, being a rich source of protein and other essential nutrients, is being increasingly used in food products.
The report offers a comprehensive study of the subsequent market segments:
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 Brazil Inactive Dried Yeast Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Inactive Dried Yeast Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Inactive Dried Yeast Market - Industry Life Cycle |
3.4 Brazil Inactive Dried Yeast Market - Porter's Five Forces |
3.5 Brazil Inactive Dried Yeast Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Brazil Inactive Dried Yeast Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Brazil Inactive Dried Yeast Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Inactive Dried Yeast Market Trends |
6 Brazil Inactive Dried Yeast Market, By Types |
6.1 Brazil Inactive Dried Yeast Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Brazil Inactive Dried Yeast Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 Brazil Inactive Dried Yeast Market Revenues & Volume, By Feed Grade, 2020 - 2030F |
6.1.4 Brazil Inactive Dried Yeast Market Revenues & Volume, By Food Grade, 2020 - 2030F |
6.1.5 Brazil Inactive Dried Yeast Market Revenues & Volume, By Pharma Grade, 2020 - 2030F |
6.2 Brazil Inactive Dried Yeast Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Brazil Inactive Dried Yeast Market Revenues & Volume, By Food, 2020 - 2030F |
6.2.3 Brazil Inactive Dried Yeast Market Revenues & Volume, By Fermentation, 2020 - 2030F |
6.2.4 Brazil Inactive Dried Yeast Market Revenues & Volume, By Health, 2020 - 2030F |
6.2.5 Brazil Inactive Dried Yeast Market Revenues & Volume, By Feed, 2020 - 2030F |
7 Brazil Inactive Dried Yeast Market Import-Export Trade Statistics |
7.1 Brazil Inactive Dried Yeast Market Export to Major Countries |
7.2 Brazil Inactive Dried Yeast Market Imports from Major Countries |
8 Brazil Inactive Dried Yeast Market Key Performance Indicators |
9 Brazil Inactive Dried Yeast Market - Opportunity Assessment |
9.1 Brazil Inactive Dried Yeast Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Brazil Inactive Dried Yeast Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Brazil Inactive Dried Yeast Market - Competitive Landscape |
10.1 Brazil Inactive Dried Yeast Market Revenue Share, By Companies, 2023 |
10.2 Brazil Inactive Dried Yeast Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |