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Specialty Yeast Market 2023 - Growth, Trends, Market Size, Outlook Report To 2032
Specialty Yeast Global Market
Specialty Yeast Market Size, Growth Rate, And Forecast
The global specialty yeast market size is expected to grow from $2.53 billion in 2022 to $2.70 billion in 2023 at a compound annual growth rate (CAGR) of 6.68%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global specialty yeast market size is expected to grow to $3.51 billion in 2027 at a CAGR of 6.78%.
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Specialty Yeast Market Drivers
Increasing consumption of alcoholic beverages is expected to contribute to the growth of the specialty yeast market going forward. Alcoholic beverages are used to maintain optimum temperature, viscosity, and pressure during the production of alcoholic beverages. Specialty yeast is frequently employed in food and beverage such as alcoholic beverages to improve flavor, and fermentation which raises consumer demand for food items and expands the number of food and beverage production facilities, as a result, increasing consumption of alcoholic beverages increases the demand for specialty yeast market.
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Specialty Yeast Market Segments
1) By Type: Yeast Extract, Yeast Autolysate, Yeast Beta-Glucan, Other Type
2) By Species: Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces, Other Species
3) By Application: Food, Beverages, Feed, Other Application
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacifc was the largest region in the Specialty Yeast market.
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Specialty Yeast Market Key Players
Major competitors in the Specialty Yeast market include Associated British Foods plc., Archer-Daniels-Midland Company, Lallemand Inc., Chr. Hansen Holding A/S, Kerry Group Plc., Angel Yeast, Biorigin, Leiber GmbH
The Table Of Content For The Specialty Yeast Market Include:
1. Executive Summary
2. Specialty Yeast Market Characteristics
3. Specialty Yeast Market Trends And Strategies
4. Specialty Yeast Market - Macro Economic Scenario
5. Specialty Yeast Market Size And Growth
……
27. Specialty Yeast Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Specialty Yeast Market
29. Specialty Yeast Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Specialty Yeast Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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