Press release
Fresh Compressed Yeast Market 2023, Industry Analysis, Potential Growth, Trends, Forecast To 2032
Fresh Compressed Yeast Global Market
The Business Research Company's Fresh Compressed Yeast Global Market Report 2023 identifies increasing demand for bakery products as the major driver for the Fresh Compressed Yeast market's growth in the forecast period. 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.
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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Major competitors in the Fresh Compressed Yeast market are Angel Yeast Co. Ltd., Lesaffre Nordic AB, Associated British Foods plc, Chr. Hansen A/S, Lallemand Inc.
A key trend in the Fresh Compressed Yeast market includes Technological advancement. Major companies operating in the fresh compressed yeast market are adopting new technologies to sustain their position in the market.
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The Fresh Compressed Yeast market is segmented -
1) By Product Type: Baker's Yeast, Brewer's Yeast, Bio-ethanol Yeast, Feed Yeast
2) By Form: Fresh Yeast, Active Dry Yeast, Instant Yeast, Other Forms
3) 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.
The Business Research Company's "Global Fresh Compressed Yeast Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……
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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