In international market, the yeast industry has become mature and concentrated industry with relatively saturated market. There are about 300 yeast manufacturers in global, however, the output is mainly concentrated into few manufacturers: LESAFFRE in France, AB MAURI in UK, Angel Yeast Co., Ltd in China and LALLEMAND in Canada etc. the top 4 yeast manufacturers take 70% of market shares in global.
In 2013, the newly-added capacity of global yeast industry was larger than the growth of market demand, which resulted into more fierce market competition, while the appreciation of RMB and the competition factors taking export market price as primary influence product’s profit rate.
In domestic market, the sluggish growth of yeast industry, economy slowdown in recent two years and the over release of newly-added capacity etc influence the overall profitability of yeast industry.
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Huidian Research predicts: under the condition that supply is relatively stable, while demand shrinks, in 2014/2015 grinding season, molasses price will continue to decline.
It is predicted that the price will decrease by 15% on the basis of price in 2014 with the price range between CNY 650-700/t. seeing from the mid-term, the decreasing of molasses price will have positive influences on the sustainable and stable development of yeast industry.
Research and Investment Value on China Yeast Industry, 2014-2018 analyzes the current supply and competition pattern in yeast market in China, as well as the supply and demand of molasses as the main raw material, it also updates the data on the latest development of Angel Yeast Co., Ltd. In addition, the report also analyzes two new entrants: Biosunkeen and Guangxi Forise Yeast Co., Ltd.
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