Product Code: ETC4541188 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Yeast plays a crucial role in the food and beverage industry, and the Singaporean market is no exception. Yeast ingredients are used in the production of bread, beer, wine, and other fermented goods. In recent years, there has been a growing interest in natural and clean-label yeast ingredients, as consumers become more conscious of the additives and preservatives in their food. Additionally, with the surge in home baking during the COVID-19 pandemic, the market for yeast ingredients experienced a boost in demand. Artisanal and craft producers have also been influential in promoting unique yeast strains, fostering innovation in this market.
The yeast ingredients market in Singapore is thriving due to the expanding baking and brewing industries. Yeast is a fundamental ingredient for fermentation processes in bread, beer, and other fermented food and beverage products. As consumers` preferences for fresh and artisanal products grow, so does the demand for yeast ingredients that provide the desired taste, aroma, and texture in these products.
The Singapore Yeast Ingredients Market faces challenges linked to consumer preferences for clean-label and allergen-free products. Manufacturers must address the demand for yeast ingredients derived from non-allergenic sources. Regulatory compliance, labeling requirements, and the need to differentiate yeast ingredients from synthetic alternatives present complexities. Supply chain disruptions and variations in yeast production can affect the pricing and availability of yeast ingredients.
The Singapore yeast ingredients market saw increased demand during the COVID-19 pandemic as consumers explored home baking and fermentation projects. Yeast, a crucial ingredient in baking and brewing, became a staple in households. The closure of bakeries and the desire for freshly baked goods at home contributed to the surge in yeast sales. The market faced challenges in ensuring a consistent supply of yeast as demand exceeded expectations. Yeast ingredients also gained traction in the production of artisanal bread and craft beverages.
Yeast ingredients are vital in various food and beverage applications, and Singapore market features key players like Lesaffre, Angel Yeast, and Lallemand. Lesaffre is a leading global manufacturer of yeast and yeast extracts, catering to the bakery, brewing, and fermentation industries. Angel Yeast focuses on yeast products for the food and beverage sector, offering a wide range of yeast extracts, active dry yeast, and yeast-based flavor enhancers. Lallemand is another prominent player, known for its expertise in yeast and bacteria products for brewing, winemaking, and other fermentation processes.
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 Singapore Yeast Ingredients Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Yeast Ingredients Market Revenues & Volume, 2023 & 2028F |
3.3 Singapore Yeast Ingredients Market - Industry Life Cycle |
3.4 Singapore Yeast Ingredients Market - Porter's Five Forces |
3.5 Singapore Yeast Ingredients Market Revenues & Volume Share, By Type, 2023 & 2028F |
3.6 Singapore Yeast Ingredients Market Revenues & Volume Share, By Application, 2023 & 2028F |
3.7 Singapore Yeast Ingredients Market Revenues & Volume Share, By Source, 2023 & 2028F |
4 Singapore Yeast Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Yeast Ingredients Market Trends |
6 Singapore Yeast Ingredients Market, By Types |
6.1 Singapore Yeast Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Yeast Ingredients Market Revenues & Volume, By Type, 2020 - 2028F |
6.1.3 Singapore Yeast Ingredients Market Revenues & Volume, By Yeast Extract, 2020 - 2028F |
6.1.4 Singapore Yeast Ingredients Market Revenues & Volume, By Autolyzed Yeast, 2020 - 2028F |
6.1.5 Singapore Yeast Ingredients Market Revenues & Volume, By Yeast Cell Wall, 2020 - 2028F |
6.1.6 Singapore Yeast Ingredients Market Revenues & Volume, By Yeast-based Flavor, 2020 - 2028F |
6.2 Singapore Yeast Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Yeast Ingredients Market Revenues & Volume, By Food, 2020 - 2028F |
6.2.3 Singapore Yeast Ingredients Market Revenues & Volume, By Feed & Pet Food, 2020 - 2028F |
6.2.4 Singapore Yeast Ingredients Market Revenues & Volume, By Pharmaceuticals, 2020 - 2028F |
6.3 Singapore Yeast Ingredients Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 Singapore Yeast Ingredients Market Revenues & Volume, By Baker�s Yeast, 2020 - 2028F |
6.3.3 Singapore Yeast Ingredients Market Revenues & Volume, By Brewer�s Yeast, 2020 - 2028F |
7 Singapore Yeast Ingredients Market Import-Export Trade Statistics |
7.1 Singapore Yeast Ingredients Market Export to Major Countries |
7.2 Singapore Yeast Ingredients Market Imports from Major Countries |
8 Singapore Yeast Ingredients Market Key Performance Indicators |
9 Singapore Yeast Ingredients Market - Opportunity Assessment |
9.1 Singapore Yeast Ingredients Market Opportunity Assessment, By Type, 2023 & 2028F |
9.2 Singapore Yeast Ingredients Market Opportunity Assessment, By Application, 2023 & 2028F |
9.3 Singapore Yeast Ingredients Market Opportunity Assessment, By Source, 2023 & 2028F |
10 Singapore Yeast Ingredients Market - Competitive Landscape |
10.1 Singapore Yeast Ingredients Market Revenue Share, By Companies, 2023 |
10.2 Singapore Yeast Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |