Product Code: ETC4537411 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Specialty Yeast market is witnessing robust growth, driven by the expanding applications of yeast in the food and beverage industry. Specialty yeast, known for its flavor-enhancing and nutritional properties, finds extensive use in the production of baked goods, savory snacks, and fermented beverages. The market is characterized by a growing demand for natural and clean-label ingredients, prompting manufacturers to explore yeast-based solutions. Additionally, the market benefits from the increasing popularity of plant-based and vegan diets, as specialty yeast serves as a versatile ingredient in plant-based protein products.
The Vietnam Specialty Yeast Market is witnessing growth driven by the increasing adoption of yeast-based ingredients in the food and beverage industry. Specialty yeast offers various functionalities, including flavor enhancement, texture improvement, and nutritional benefits. As consumers seek unique and natural flavors in their food products, manufacturers are turning to specialty yeast to meet these demands. Moreover, yeast extracts and yeast-derived ingredients are often used as natural flavor enhancers and alternatives to artificial additives. The market is also benefiting from the trend toward plant-based and clean-label products, as specialty yeast can serve as a natural source of umami flavor. With these factors, the specialty yeast market in Vietnam is on the rise, catering to the evolving needs of the food industry and consumers.
The Vietnam Specialty Yeast Market encounters challenges in terms of market penetration and consumer acceptance. Communicating the diverse applications and benefits of specialty yeast in different food products is essential for market expansion. Overcoming traditional culinary preferences that may not align with yeast-based ingredients requires strategic marketing efforts. Additionally, ensuring a stable supply chain for specialty yeast strains and managing production costs are key challenges in this evolving market.
The COVID-19 pandemic had a discernible impact on the Vietnam specialty yeast market, reshaping consumer preferences and driving changes in the food and beverage industry. With a growing interest in plant-based and nutritional products, specialty yeast gained prominence as a versatile ingredient. The market witnessed increased demand for yeast-based flavors and nutritional yeast, reflecting a shift towards healthier and flavorful food options. Despite challenges in the supply chain, the market showcased resilience, with manufacturers focusing on product diversification and the development of yeast-based innovations. As consumers continue to prioritize health and sustainability, the specialty yeast market is poised for further growth and adaptation to evolving industry dynamics.
In the dynamic landscape of Vietnam`s Specialty Yeast market, key players have made significant contributions. Companies like Lesaffre Group, Lallemand Inc., and Angel Yeast Co., Ltd. are instrumental in driving innovation and supplying high-quality specialty yeast products to meet the diverse needs of the food and beverage industry in Vietnam.
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 Vietnam Specialty Yeast Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Specialty Yeast Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Specialty Yeast Market - Industry Life Cycle |
3.4 Vietnam Specialty Yeast Market - Porter's Five Forces |
3.5 Vietnam Specialty Yeast Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Specialty Yeast Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Vietnam Specialty Yeast Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Specialty Yeast Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Specialty Yeast Market Trends |
6 Vietnam Specialty Yeast Market, By Types |
6.1 Vietnam Specialty Yeast Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Specialty Yeast Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Specialty Yeast Market Revenues & Volume, By Yeast Extracts, 2021-2031F |
6.1.4 Vietnam Specialty Yeast Market Revenues & Volume, By Yeast Autolysates, 2021-2031F |
6.1.5 Vietnam Specialty Yeast Market Revenues & Volume, By Yeast Beta-glucan, 2021-2031F |
6.1.6 Vietnam Specialty Yeast Market Revenues & Volume, By Other Yeast Derivatives, 2021-2031F |
6.2 Vietnam Specialty Yeast Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Specialty Yeast Market Revenues & Volume, By Saccharomyces Cerevisiae, 2021-2031F |
6.2.3 Vietnam Specialty Yeast Market Revenues & Volume, By Pichia Pastoris, 2021-2031F |
6.2.4 Vietnam Specialty Yeast Market Revenues & Volume, By Kluyveromyces, 2021-2031F |
6.3 Vietnam Specialty Yeast Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Specialty Yeast Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Vietnam Specialty Yeast Market Revenues & Volume, By Bakery products, 2021-2031F |
6.3.4 Vietnam Specialty Yeast Market Revenues & Volume, By Functional foods, 2021-2031F |
6.3.5 Vietnam Specialty Yeast Market Revenues & Volume, By Savory products, 2021-2031F |
6.3.6 Vietnam Specialty Yeast Market Revenues & Volume, By Other food applications (soups, sauces, snacks, food flavors, and seasonings), 2021-2031F |
6.3.7 Vietnam Specialty Yeast Market Revenues & Volume, By Beverages, 2021-2031F |
7 Vietnam Specialty Yeast Market Import-Export Trade Statistics |
7.1 Vietnam Specialty Yeast Market Export to Major Countries |
7.2 Vietnam Specialty Yeast Market Imports from Major Countries |
8 Vietnam Specialty Yeast Market Key Performance Indicators |
9 Vietnam Specialty Yeast Market - Opportunity Assessment |
9.1 Vietnam Specialty Yeast Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Specialty Yeast Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Vietnam Specialty Yeast Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Specialty Yeast Market - Competitive Landscape |
10.1 Vietnam Specialty Yeast Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Specialty Yeast Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |