Associated British Foods Plc, Lesaffre and AngelYeast Co., Ltd. are Dominating in the Europe Yeast Market in 2019

Europe Yeast Market is expected to grow with the CAGR of 8.4% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Europe yeast market is a highly consolidated market, which includes specific number of key players as well as local players. The yeast market has witnessed increased strategic developments owing to favourable yeast market scenario.  

The major players dealing in Europe yeast market are introducing strong range of product provider along with launching new products and adopting strategic initiatives such as acquisition, agreement, business expansion, award and recognition into the yeast market. This helped companies to maximize the sales with enhanced product portfolio. For instance, in May 2020, Lallemand Inc. oenology and Institute of Masters of Wine (IMW) was awarded with Lallemand Bursary. The award has benefitted the company in enhancing its brand value along with profit generation for the company.

Associated British Foods Plc is the dominating player in Europe yeast market. The other key players existing in the yeast market includes Chr. Hansen Holding A/S, AngelYeast Co., Ltd., Kerry Group plc, SUBONEYO Chemicals Pharmaceuticals P Limited, DSM, Biorigin, Synergy Flavors, ICC, LALLEMAND Inc., AB Mauri (a subsidiary of Associated British Foods plc), Oriental Yeast Co., ltd. (a subsidiary of Nisshin Seifun Group Inc.), Lesaffre, Leiber GmbH, Cargill, Incorporated, Pacific Fermentation Industries, Foodchem International Corporation, Novozymes, Halcyon Proteins Pty. Ltd., LEVAPAN PANAMÁ, SA, ZeusIba, AB Vista (a subsidiary of Associated British Foods plc), and Sensient Technologies Corporation among others.

Associated British Foods Plc:

Associated British Foods Plc is headquartered in London, UK and was founded in 1935. The company focuses on diversified international food with ingredients and retail group covering products such as grocery, sugar, agriculture, ingredients and retail. The company deals in various business segments and also provides products under the same categories such as grocery, sugar, agriculture, ingredients, central and retail among which ingredients is the market focused segment as well as market focused category.

For instance,

• In January 2017, AB Mauri India Pvt.Ltd. acquired business and assets of Specialty Blending Co., LLC (U.S.). This agreement has enhanced the company’s bakery portfolio. The acquisition has increased the company revenue along with profit for the company. 

The company has presence across the globe in North America, South America, Europe, Middle East and Africa, and Asia-Pacific. The company generates its revenue through various subsidiary companies, namely, A.B.F. Holdings Limited (U.K.), ABF US Holdings Limited (U.S.), AB Mauri Hispanoamerica S.A. (Argentina), AB Mauri ROW Holdings Pty Limited (Australia), AB Mauri Belgium NV (Belgium), AB Mauri (Canada) Limited among others.

Lesaffre:

Lesaffre is headquartered in Paris, France and was founded in 1853. The company focuses on designing, manufacturing and marketing innovative solutions for baking, food taste and pleasure, healthcare and biotechnology. The company provides products under the categories such as yeast and baking solutions, food taste and pleasure, healthcare and biotechnologies among which yeast and baking solutions, food taste and pleasure are the market focused categories.

For instance,

• In January 2020, Lesaffre inaugurated the Baking Center of its subsidiary Lesaffre Ivoire in Abidjan. The new centre is aimed towards new technological innovations for bread making solutions. The expansion has benefitted Lesaffre in attracting more customers to its portfolio increasing the revenue of the company.

The company has wide presence across Western Europe, Latin America, North America, Central and Eastern Europe, Middle East, and Africa and Asia-Pacific. The company generates its revenue through various subsidiary companies, namely, Agrauxine SA (France), Lefersa Alimentos S.A. (Lefersa), Gnosis S.p.A. (Italy), Lesaffre Freres (France), Omniabios S.R.L. (France) among others.

AngelYeast Co., Ltd.:

AngelYeast Co., Ltd. is headquartered in Hubei, China and was founded in 1986. The company focuses on production of yeast and yeast derivatives. The company provides products under the categories such as yeast and baking, yeast extract-savoury, nutrition and health, and biotechnology among which yeast and baking, and yeast extract-savoury are the market focused categories.

For instance,

• In November 2019, AngelYeast Co., Ltd. attended the exhibition on 28th SIMEI International Trade Fair which has increased the quality of wine and attracted more customers through the expansion of portfolio. The exhibition has enhanced the customer portfolio generating more income for the company.

The company has wide presence across South America, North America, Europe, Australia, Asia-Pacific, and Middle East and Africa. The company generates its revenue through various subsidiary companies, namely, Angel Yeast (Yili) Co., Ltd. (China), Yichang Hongyu Plastic Liability Co., Ltd (China), Angel Yeast (Chifeng) Co., Ltd. (China), Angel Yeast (Binzhou) Co., Ltd. (China), Angel Yeast (Egypt) Co., Ltd. (Egypt) among others.