Yeast Market: Key Players, Product Portfolio, and Market Share Analysis

Data Bridge Market Research analyses that the yeast market was valued at USD 4.63 billion in 2021 and is expected to reach the value of USD 6.75 billion by 2029, at a CAGR of 8.7% during the forecast period of 2022-2029.

A wide-ranging analysis of the market structure along with the forecast of the various segments and sub-segments of the market have been delivered through the plausible YEAST MARKET report. The market is greatly transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of FOOD AND BEWERAGES industry. The market document is a window to the industry which explains what market definition, classifications, applications, engagements and market trends are. The universal YEAST market research report defines CAGR value fluctuation during the forecast period of 2021-2028 for the market.

The strategies encompassed in the significant YEAST report mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market. This gives more accurate understanding of the market landscape, issues that may affect the industry in the future, and how to best position specific brands. The base year for calculation in the report is taken as 2020 whereas the historic year is 2019 which will tell how the YEAST market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are.

Global Yeast Market Scenario
According to Data Bridge Market Research, the market for yeast in Europe region has the highest market share in global yeast market. Market leader is Cargill, Incorporated which accounts an estimated market share of approximately 20%- 30%. The company has gained outstanding sale through providing yeast.
• In March 2020, Lallemand Inc. was awarded for its new wine yeast LAKTIA which is going to enhance the product portfolio for the company and increasing the demand globally. The company won trade fair award for its fruit growing, viniculture, cellar technology and marketing.

Trends Impacting the Market
Now the question is which other regions Associated British Foods plc and LALLEMAND Inc. are targeting? Data Bridge Market Research has estimated a large growth in North America yeast market and the market leaders targeting the U.S. and Canada to be their next revenue pockets for 2020.
The yeast market is becoming more competitive with companies such as Associated British Foods plc and Cargill, Incorporated as they are the top dominating companies in yeast having maximum number of products. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global yeast market.

Key Market Competitors Covered in the Report
• Cargill, Incorporated
• AngelYeast Co., Ltd.
• Kerry Inc
• SUBONEYO Chemicals Pharmaceuticals P Limited.
• Novozymes
• Associated British Foods plc
• DSM
• Chr. Hansen Holding A/S
• Biorigin
• Synergy Flavors
• LALLEMAND Inc.
• Oriental Yeast Co., Ltd.
• Leiber GmbH
• LEVAPAN PANAMÁ, SA
• Sensient Technologies Corporation
• Pacific Fermentation Industries
• Halcyon Proteins Pty. Ltd.
• Foodchem International
• Lesaffre
• ICC
• ZeusIba

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