China Yeast Market is Projected to Reach USD 1152.42 million USD by 2025
Posted by QYRtina on May 30th, 2018
The China revenue of Yeast market was valued at 718.79 M USD in 2017 and is expected to reach USD 1152.42 M USD in 2025. In the future eight years, we predict the CAGR of global revenue is 6.08%.
The industry is concentration, the key brand include Angel, Lessaffre Group, AB Mauri, Alltech, Jiuding Yeast, Xinghe Yeast, Sunkeen, Jiangmen Biotech and Other
In the industry, Angel profits most in 2017 and recent years, while Lessaffre Group and AB Mauri ranked 2 and 3.The market share of them is 46.71%, 16.01% and 12.44% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are two mainly types of Yeast, including Food Grade and Feed Grade. And Food Grade is the main type for Yeast, and the Food Grade reached a sales volume of approximately 233.24 K MT in 2017, with 72.66% of global sales volume.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
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