SEARCH   
MEMBER LOGIN    

Yeast & Bacteria for Food Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Yeast & Bacteria for Food Production Market Research Report | Life Sciences | Food Science | Sep 2014

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

IBISWorld’s Yeast & Bacteria for Food Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Lallemand Inc. Lallemand Inc. market share
Lesaffre Group Lesaffre Group market share
Industry Statistics & Market Size
Revenue
$758m
Annual Growth 09-14
3.7%
Annual Growth 14-19
Purchase to read more
Profit
Purchase to read more
Employment
1,623
Businesses
24
Industry Analysis & Industry Trends

The Yeast and Bacteria for Food Production industry has blossomed in the five years to 2014. 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 2019, 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.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to outpace US GDP in the 10 years to 2019. Industry IVA is expected to grow an annualized 4.5% over this period while GDP is forecast to grow an annualized 2.5% over the same period. An IVA growth rate that is higher than GDP is one indication that the industry is in a growth phase of its life cycle.

The industry also continues to find new markets for its products. Traditionally used as a strictly functional ingredient in food and beverage production, especially bread production, beer production and dairy product manufacturing, industry products have now taken on new uses with specialty foods and food supplements... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Yeast & Bacteria for Food Production 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.

Industry Products
Compressed yeastDry yeastLactic acid bacteriaOther bacteria and molds
 
Industry Activities
Cultivating comestible yeastCultivating comestible bacteria


View Sample
Quote
Select Clients