Press release
๏ปฟYeast Market is anticipated to achieve a CAGR of 9.61 percentage, surpassing USD 9.75 Billion by the year 2030
Forecast Increase in Revenue:Yeast Market was valued at USD 5.13 Bn in 2023 and is expected to reach USD 9.75 Bn by 2030, at a CAGR of 9.61 % during the forecast period.
Yeast Market Overview:
Yeast, a type of single-celled fungus, has been crucial in various industries for millennia. Originating hundreds of millions of years ago, yeasts are integral to processes such as baking and fermentation. The scientific name Saccharomyces cerevisiae, translating to "sugar-eating fungus," reflects its fundamental role in converting sugars into carbon dioxide and alcohol. Today, with around 1,500 recognized species, yeasts are essential for producing baked goods, alcoholic beverages, and a variety of fermented products. The market for yeast has experienced significant growth, driven by a surge in home baking during the COVID-19 pandemic and a rising demand in the food and beverage sectors.
๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฎ๐ฌ๐ญ ๐ ๐๐ฅ๐ข๐๐ค ๐๐ฐ๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/617/
Drivers in the Yeast Market:
The yeast market is propelled by the growing popularity of home baking and processed foods. As more consumers engage in baking activities, the demand for yeast has surged, particularly for products like bread and pastries. Additionally, lifestyle changes and increasing disposable incomes are driving the consumption of packaged and convenience foods, further fueling market growth. Yeast's role in the production of various fermented goods and beverages, including bread, beer, and wine, enhances its market appeal. The rise of nutritional yeast, favored by the vegan community, also contributes to increased market revenue.
Yeast Market Trends:
Recent trends in the yeast market include the development of synthetic yeast strains and increased investment in research and development. Synthetic yeast, designed to optimize food production processes, offers innovative possibilities for creating more nutritious foods, improving processing efficiency, and reducing waste. Projects like the Synthetic Yeast Genome Project (Sc2.0) aim to advance the field by designing synthetic yeast chromosomes, which could revolutionize applications across food, chemical, and biofuel industries. This trend reflects a broader industry focus on enhancing yeast functionalities and expanding its commercial applications.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/inquiry-before-buying/617/
Yeast Market Opportunities:
The yeast market presents numerous opportunities, particularly in the probiotic sector. With growing consumer awareness of the health benefits associated with probiotics, there is increasing demand for yeast-based probiotic products. These products, including yogurt and kimchi, are gaining global traction due to their immune-boosting and antibacterial properties. Additionally, the rise in organic and conventional yeast sales, driven by increasing consumer preferences and the expansion of distribution channels, offers significant growth potential for market players.
What is Yeast Market Regional Insight?
Regionally, the yeast market in Europe is experiencing substantial growth, driven by the booming processed food and bakery industries. The rise in disposable incomes and changes in consumer lifestyles are contributing to higher demand for bakery products and alcoholic beverages, thereby boosting yeast consumption. Europe, with its strong emphasis on bread production and bakery innovation, continues to lead in market share. Countries like Germany are particularly influential, with growing investments in food supplements and yeast research driving regional market expansion.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/617/
Segmentation Analysis of the Yeast Market:
by Type
Baker's Yeast
Brewer's Yeast
Probiotics Yeast
Wine Yeast
Other
by Form
Dry Yeast
Instant Yeast
Fresh Yeast
by Application
Food
Feed
Other
Who is the largest manufacturers of Yeast Market worldwide?
1. Associated British Foods plc (U.K)
2. White Labs (San Diego)
3. Angel Yeast (China)
4. Keliff's (Cleveland, Ohio)
5. American International Foods, Inc. (Michigan)
6. Cofalec (France)
7. Lallemand Inc. (Canada)
8. Lesaffre (France)
9. Leiber GmbH (Germany)
10. Novozymes (Denmark)
11. Koninklijke DSM N.V. (The Netherlands)
12. Kerry Group PLC (Ireland)
13. Synergy Flavors (U.S.)
14. Kothari Fermentation and Biochem Ltd. (India)
15. Omega Yeast Labs LLC (US)
16. Pak Group (U.S.)
17. Oriental Yeast Co. Ltd. (Japan)
18. BSG Craft Brewing (U.S.)
19. London Dairy Co. Ltd (UK)
20. Lantmรคnnen Unibake (Denmark)
21. Europastry S.A. (Spain)
22. Others
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/yeast-market/617/ ๏ปฟ
Key Offerings:
Past Market Size and Competitive Landscape
Yeast Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Yeast Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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