For a report overview of this report please contact sara.peerun@visiongain.com (+44 (0) 20 7336 6100) or refer to our website: https://www.visiongain.com/report/global-yeast-market-report-2018-2028/

1. Page 53Visiongain.com
Global Yeast Market Report 2018-2028: Baker’s Yeast, Brewer’s Yeast, Wine
Yeast, Feed Yeast, Bioethanol, Dry Yeast, Instant Yeast, Fresh Yeast, Food,
Feed, Bakery, Beverages, Processed & Convenience Foods, Yeast Extracts,
Yeast Autolysates, Beta Glucan, Other Yeast Derivatives
Other specialty yeast includes nucleotides, minerals, and vitamins. Supplement yeast plays the
essential role of providing nutrients such as folic acid, vitamins, and minerals to both human and
livestock. Yeast products possess functional properties, and also contain physical properties that
ease their incorporation into products and the formation of aqueous solutions. They improve the
human immune system, reduce cholesterol, and have anti-carcinogenic properties. Mannan-Oligo-
Saccharide (MOS), a constituent of yeast cell wall, prevents diarrhoea in swine during weaning.
Further, it serves as a probiotic element for the health of the bacteria present in the gut and colon.
The growing demand for health foods and nutritional diets has enhanced the growth and importance
of other specialty yeast.
Table 6.2 Global Specialty Yeast Market by Region, 2018-2028 ($m, AGR %,
CAGR %)
Revenue ($m) 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2018-28
North America 507.5 544.6 584.6 628.0 674.9 725.8 780.9 840.7 905.5 975.9 1,052.4 1,135.6 7.6%
AGR (%)
7.3 7.4 7.4 7.5 7.5 7.6 7.7 7.7 7.8 7.8 7.9
Europe 680.4 728.0 779.3 834.6 894.3 958.6 1,028.1 1,103.1 1,184.1 1,271.7 1,366.4 1,468.9 7.3%
AGR (%) 7.0 7.0 7.1 7.1 7.2 7.2 7.3 7.3 7.4 7.4 7.5
Asia-Pacific 473.4 510.1 550.0 593.5 640.9 692.6 749.0 810.7 878.2 952.1 1,033.1 1,121.9 8.2%
AGR (%) 7.7 7.8 7.9 8.0 8.1 8.2 8.2 8.3 8.4 8.5 8.6
South America 166.4 178.5 191.6 205.8 221.2 237.8 256.0 275.7 297.1 320.4 345.8 373.4 7.7%
AGR (%) 7.3 7.3 7.4 7.5 7.5 7.6 7.7 7.8 7.8 7.9 8.0
Africa 78.0 83.7 89.7 96.3 103.4 111.1 119.4 128.4 138.2 148.8 160.3 172.8 7.5%
AGR (%) 7.2 7.3 7.3 7.4 7.4 7.5 7.6 7.6 7.7 7.7 7.8
Middle East 48.7 52.1 55.9 59.9 64.2 68.9 74.0 79.5 85.4 91.8 98.7 106.2 7.4%
AGR (%) 7.1 7.2 7.2 7.3 7.3 7.4 7.4 7.5 7.5 7.6 7.6
Global 1,954.5 2,097.0 2,251.1 2,418.0 2,598.8 2,794.8 3,007.4 3,238.0 3,488.6 3,760.8 4,056.8 4,378.9 7.6%
AGR (%) 7.3 7.4 7.4 7.5 7.5 7.6 7.7 7.7 7.8 7.9 7.9
Source: Visiongain 2018

2. Page 77Visiongain.com
Global Yeast Market Report 2018-2028: Baker’s Yeast, Brewer’s Yeast, Wine
Yeast, Feed Yeast, Bioethanol, Dry Yeast, Instant Yeast, Fresh Yeast, Food,
Feed, Bakery, Beverages, Processed & Convenience Foods, Yeast Extracts,
Yeast Autolysates, Beta Glucan, Other Yeast Derivatives
9.1.5 Koninklijke DSM N.V. Cost of Research & Development
2013-2017
Figure 9.6 Koninklijke DSM N.V. Cost of Research & Development 2013-
2017 ($m, AGR %)
Source: Visiongain 2018
Table 9.6 Koninklijke DSM N.V. Cost of Research & Development 2011-
2017 ($m, AGR %)
2013 2014 2015 2016 2017
Cost of Research & Development ($m) 522 501 515 329 377
AGR (%) 7.3% -4.0% 2.90% -36.2% 14.8%
Source: Visiongain 2018
-40%
-30%
-20%
-10%
0%
10%
20%
0
100
200
300
400
500
600
2013 2014 2015 2016 2017
AGR(%)
CostofR&D($m)
Cost of R&D (US $m) AGR (%)

3. Page 104Visiongain.com
Global Yeast Market Report 2018-2028: Baker’s Yeast, Brewer’s Yeast, Wine
Yeast, Feed Yeast, Bioethanol, Dry Yeast, Instant Yeast, Fresh Yeast, Food,
Feed, Bakery, Beverages, Processed & Convenience Foods, Yeast Extracts,
Yeast Autolysates, Beta Glucan, Other Yeast Derivatives
9.4.2 Lesaffre Group Primary Market Competitors 2018
Figure 9.30 Lesaffre Group Primary Market Competitors 2018
Source: Visiongain 2018
9.4.3 Lesaffre Group Mergers & Acquisitions (M&A) Activity
Table 9.32 Lesaffre Group Mergers and Acquisitions 2013-2017 (Date,
Company Involved, Value US$m, Details)
Date
Company
Involved
Value
(US$m)
Details
April 2018
Rayen Food
Industries
Lesaffre acquired of a majority shareholding in the
company Rayen Food Industries in Tunisia, specialised in
the production of baker’s yeast. This acquisition is in line
with Lesaffre’s goal of strengthening its presence on the
African continent and ensuring greater proximity to its
clients.
Feb 2018 Alltech Inc.
Lesaffre acquired Alltech’s yeast extract facility in Serbia.
The transaction is in line with Alltech’s continued focus on
its core business in animal and crop nutrition.
Nov 2017 Envera
Lessafre acquired a majority interest in Envera. Lesaffre
will enhance its presence and product offering in the fast-
growing nutritional ingredients and health sector.
January
2017
Lesaffre Group
and Sensient
Technologies
Undisclosed
Lesaffre group acquired the Strasbourg yeast extract
division of Sensient Technology, located in the U.K., to
expand its product offerings in food business.
The acquisition is expected to benefit Lesaffre in
strengthening its position in the growing baker’s and
brewer’s yeast extracts market. Further, the development
significantly adds to the product range of the company
enabling it to meet changing consumer needs.
December
2016
Lesaffre Group
and LFI
Tollblend Ltd
Undisclosed Lesaffre group acquired U.K. based LFI Tollblend for an
undisclosed amount in order to widen its product portfolio.
Lesaffre
Group
AB Mauri
Lallemand
Inc
Koninklijke
DSM N.V.