Top Yeast Manufacturing Companies To Watch Out For in 2023

Top Yeast Manufacturing Companies To Watch Out For in 2023

Yeast is referred to as type of single-celled fungus that can be used in baking and brewing to make dough rise and convert sugars into alcohol. It is used to facilitate scientific research and biotechnology- based activities.

Some of the prime yeast companies are-

Kewpie Corporation

Market Position or History

In March 2021, Kewpie Corporation announced the launch of its vegan salad dressings range in the United States.

Business Overview and Strategy

Established in November 1919, the company has its headquarters in Tokyo, Japan. It produces a diverse range of edible and personal care items including yeast extracts, rice ball, mayonnaise, baby food, hyaluronic acid, and vinegar, among others. It has a subsidiary company named Kewpie Bio-Technology Research Institute (KBRI) which predominantly conducts extensive research on yeast to increase its adoption across various applications.

Kewpie Corporation strives to contribute to the happiness and health of the masses by manufacturing healthy and tasty edibles. The company believes that through constant R&D efforts it can bring a robust change in the dietary as well as the overall lifestyle trends of the masses.

Alltech Inc.

Market Position or History

In 2019, Alltech announced the launch of its animal feed supplements range named ‘Optigen’.

Business Overview and Strategy

The company was established in 1980 by Pearse Lyons. It has its headquarters in Nicholasville, Kentucky, United States. It is known for manufacturing agricultural products as well as numerous ingredients for the food processing industry. Alltech produces a wide range of animal feed supplements, including yeast-based products, enzymes, minerals, and other nutritional additives, which are used in the production of feed for livestock, poultry, and aquaculture.

The organization strives to bring improvements in animal and human health through scientific innovation and nutrition. It further aims to provide nutritious, delicious, and high-quality food to the living beings that are also cost effective in nature.

Associated British Foods Inc.

Market Position or History

In 2018, Associated British Foods Inc. announced the acquisition of Givaudan’s Nutrition Division for a whopping amount of USD 428 million.

Business Overview and Strategy

The company was established in 1935 by W. Garfield Weston. Its headquarters are located in London, United Kingdom. It is one of the world’s largest producers of sugar and baker’s years. Associated British Foods also manufactures ingredients such as lactose, emulsifiers, and enzymes, among others.

The organization is envisioned to produce high quality edibles which are easily accessible and easily affordable for the masses. It strives to promote the goodness of yeast across the globe.

NOF Corporation

Market Position or History

In 2015, NOF Corporation announced the acquisition of Biomeva GmbH, a biotechnology company based in Germany.

Business Overview and Strategy

Established in 1947, the company has its headquarters in Tokyo, Japan. It predominantly develops chemical products for a wide array of industries including nutraceuticals, cosmetics, electronics, and automotive, among others. Some of the common products manufactured by NOF Corporation are specialty chemicals, functional polymers, and life science materials, just to name a few.

The organization commits to environmental protection and sustainability. It had undertaken numerous initiatives to reduce it environmental impact.

Lallemand Inc.

Market Position or History

In September 2022, Lallemand Inc. announced the acquisition of BASF’s Nutrilife baking enzymes business.

Business Overview and Strategy

Established in 1915, the company has its headquarters in Montreal, Canada. It  is known for manufacturing and distributing bacteria, yeast, and other microorganisms with a vision to reproduce, manage, and optimize the process of natural fermentation across the agri-food sector.

Lallemand operates with a customer centric approach. It strives to evolve in terms of technology, offerings, work culture, and marketing with as aim to emerge as one of the world’s largest producers of microorganism-based entities.

Yeast companies are facing intense competition over time due to the entry of numerous new players along with other factors. They are focussing on the diversification of their product pipeline with specific emphasis on customer satisfaction.

If you want to know about the rest of the players who are influencing the profit trajectory of the Yeast Industry, you can procure this comprehensive business intelligence report curated by Brand Essence Market Research.

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