Press release
Yeast Market Industry Growth 2022 AT 9.6% CAGR, Top Players, Segmentation and Forecast to 2029 with Top Countries Data
The Global Yeast Market is forecast to reach USD 8.1 billion by 2028 by rising at a compound annual growth rate (CAGR) of 9.6% throughout the forecast period from 2019 to 2028Yeast Market Overview
Several commercial preparations containing a mixture of living and dead S. cerevisiae cells are available for use as animal nutrition feed additives. Yeasts are commonly employed in the fermentation process in a variety of businesses. The bakery industry is a pioneer in the use of yeast as a key ingredient. Breads, rye breads, whole wheat breads, buns, white breads, brown breads, and a variety of other bakery items are in high demand around the world. The market is being driven by these prevailing factors. The demand for bread items has increased as a result of increased urbanisation and western culture. The yeast market is being driven by demand for enrichment of animal feed products and rising alcoholic consumption. However, strict government regulations for yeast and yeast derivative goods are projected to limit their use.
The global Yeast market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
Lesaffre Group set up a new baking center for its subsidiary, Lesaffre Ivoire, in Abidjan, West Africa, for providing innovative bread-making solutions. This new establishment would help the company to serve its customer base in West Africa, increase its production capacity, and expand its geographic reach.
Kerry Group launched its first non-GMO yeast named "Acryleast" for effective reduction of acrylamide levels up to 90% without affecting the taste and texture of food & beverages. This new product launch helped the company to strengthen its clean label product range.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Yeast market manufacturers. The revenue created from the sales of Yeast Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Associated British Foods Plc, Alltech, Angelyeast Co., Ltd, Chr. Hansen Holding, Koninklijke Dsm N.V., Lallemand Inc, Leiber Gmbh, Lesaffre Group, Oriental Yeast Co., Ltd and Synergy Flavors and Others.
The Yeast Market has been segmented as below:
Yeast Market By Type, 2019-2028, (IN USD Million)
Baker's Yeast
Brewer's Yeast
Wine Yeast
Probiotics Yeast
Yeast Market By Application, 2019-2028, (IN USD Million)
Food
Feed
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Yeast Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Yeast market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Yeast Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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