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Global Fresh Compressed Yeast Market 2023: Industry Share, Emerging Development Trends, Future Outlook And Key Players Analsis Till 2032 | Angel Yeast Co. Ltd., Lesaffre Nordic AB, Associated British Foods plc, Chr. Hansen A/S, Lallemand Inc
Fresh Compressed Yeast Market
Fresh Compressed Yeast Market Size, Growth Rate, And Forecast:
The global fresh compressed yeast market size is expected to grow from $4.0 billion in 2022 to $4.4 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. 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 fresh compressed yeast market size is expected to reach $6.28 billion in 2027 at a CAGR of 7.8%.
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Fresh Compressed Yeast Market Drivers:
The increasing demand for bakery products is expected to propel the growth of the fresh compressed yeast market going forward. Bakery products are food items that are usually produced in a bakery that manufactures and sells flour-based baked products such as cookies, cakes, pastries, bread, and pies. Fresh yeast or compressed yeast is frequently used in bakery items such as bread, rolls, and other yeast-raised baked foods. It has a short shelf life and should be used within a few days. Fresh compressed yeast is one of the important ingredients that are used in baking bakery products.
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Fresh Compressed Yeast Market Segments:
By Product Type: Baker's Yeast, Brewer's Yeast, Bio-ethanol Yeast, Feed Yeast
By Form: Fresh Yeast, Active Dry Yeast, Instant Yeast, Other Forms
By Application: Functional Food, Beverage Segment, Feed, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fresh Compressed Yeast Market.
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Fresh Compressed Yeast Market Key Players:
Major competitors in the fresh compressed yeast market include Angel Yeast Co. Ltd., Lesaffre Nordic AB, Associated British Foods plc, Chr. Hansen A/S, Lallemand Inc., Leiber GmbH, Oriental Yeast Co. Ltd.
The Business Research Company's "Global Fresh Compressed 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.
The Table Of Content For The Fresh Compressed Yeast Market Include:
1. Executive Summary
2. Fresh Compressed Yeast Market Characteristics
3. Fresh Compressed Yeast Market Trends And Strategies
4. Fresh Compressed Yeast Market - Macro Economic Scenario
5. Fresh Compressed Yeast Market Size And Growth
……
26. Africa Fresh Compressed Yeast Market
27. Fresh Compressed Yeast Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fresh Compressed Yeast Market
29. Fresh Compressed Yeast Market Future Outlook and Potential Analysis
30. Appendix
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