Global Yeast Market Size to Grow Worth USD 11 billion at a CAGR of 6% between 2021 and 2026.

Facts and Factors have published a new report titled "Yeast Market: By Nature (Organic and Synthetic), By Type (Instant Yeast, Active Dry Yeast, Fresh Yeast, Bread Yeast, and Others), By Form (Powder and Liquid), By Application (Bakery & Confectionary, Animal Feed, Beverages, Biofuel, Pharmaceutical, Nutritional Supplements, and Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 - 2026". According to the report, the global Yeast market is predicted to be valued at approximately USD 7 Billion in 2020 and is expected to reach a value of around USD 11 Billion by 2026, at a CAGR of around 6% between 2021 and 2026.

Yeast is a single-celled eukaryotic microorganism classified under the taxonomic group referred to as the fungus kingdom. The microorganism is used in the process of fermentation for converting carbohydrates to alcohol & carbon dioxide. Moreover, this carbon dioxide is utilized for baking and preparation of alcoholic beverages.

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/yeast-market

Escalating demand for convenience food items to drive the market expansion

The growth of the yeast industry during the forecast timeline is owing to the enormous demand for convenience food products during the period from 2021 to 2026. Moreover, yeast finds lucrative applications in bakery items due to its ability to improve the taste & flavor of bread, Danish pastries, and croissants. This has made it popular in the bakery sector. Apart from this, a huge demand for specialized yeast to enhance the quality of food & beverages will further augment the scope of the business during the forecast timeline. The enormous intake of fast foods like bread & pizza with changing lifestyles will favorably influence the market expansion over the forecast timeline.

Furthermore, yeast also finds a slew of applications in food supplements including probiotics. In addition to this, growing customer inclination towards the intake of natural food constituents will favor the growth of the yeast market during the period from 2021 to 2026.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭@https://www.fnfresearch.com/sample/yeast-market

Apart from this, the rise in the nutritive advantages & health benefits offered by yeast is expected to accelerate the growth of the yeast industry during the forecast timeline. However, the unavailability of appropriate raw substances, as well as the high costs of the raw materials, is projected to inhibit business growth over the forecast timeline. Nevertheless, escalating demand for organic yeast is likely to benefit the market over the forecast timeline, thereby minimizing the impact of the hindrances on the business expansion during the period from 2021 to 2026.

Bioethanol yeast segment to record highest CAGR over the forecast period

The bioethanol yeast segment is set to register the highest growth rate of over 11% during the period from 2021 to 2026. The segmental growth during the timespan from 2021 to 2026 is credited to the massive use of bioethanol as a substitute fuel across the pharmaceutical & biotech sectors. Moreover, the eco-friendly feature of bioethanol due to its lower carbon usage will further prop up the growth of the segment during the forecast timeframe.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧@https://www.fnfresearch.com/customization/yeast-market

Some of the key participants in the business include Oriental Yeast Co., Angel Yeast Co., Lesaffre Group, CHR Hansen Group, Associated British Foods plc., Alltech, Leiber Group, Lallemand, Inc., Levapan Group, Biomin, and others.

This report segments the yeast market as follows:

Yeast Market: By Nature Segment Analysis

Organic
Synthetic

Yeast Market: By Type Segment Analysis

Instant Yeast
Active Dry Yeast
Fresh Yeast
Bread Yeast
Others

Yeast Market: By Form Segment Analysis

Powder
Liquid

Yeast Market: By Application Segment Analysis

Bakery & Confectionary
Animal Feed
Beverages
Alcoholic Beverages
Wine
Beer
Whiskey
Vodka
Gin
Rum
Others

Non-Alcoholic Beverages
Biofuel
Pharmaceutical
Nutritional Supplements
Others

Yeast Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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This release was published on openPR.