Press release
Surging Demand and Key Trends Shape Fresh Compressed Yeast Market set to Change from $5.05 Billion in 2024 to $7.37 Billion in 2029
Fresh Compressed Yeast Market
What Is The Projected Market Size Of The Global Fresh Compressed Yeast Market And Its Growth Rate?
The fresh compressed yeast market is set on a steady growth path with historic and future estimates presenting a positive trajectory.
• 2024 Market Size: $5.05 billion
• 2025 Market Size: $5.48 billion (8.5% CAGR)
• 2029 Market Size: $7.37 billion (7.7% CAGR)
Factors such as increased bakery industry growth, food processing industry expansion, and preference for natural ingredients have contributed to the growth of the market. Future advancements like yeast strain development, sustainable practices, and e-commerce growth in food ingredients sales are set to ensure continued market growth.
What is Driving the Growth in the Fresh Compressed Yeast Market?
One of the key factors attributing to the growth of the fresh compressed yeast market is the increasing demand for bakery products such as bread, rolls, and other yeast-raised baked foods, where fresh compressed yeast is a critical ingredient. Notably, the retail sales of baked goods in the US is expected to increase from $67.9 billion in 2021 to $75.8 billion in 2026, according to Euromonitor International. This signifies the growth potential for the fresh compressed yeast market, making it a preferred ingredient in baking processes due to its short shelf life and the freshness it brings to bakery products.
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Who Are the Key Players Driving Fresh Compressed Yeast Market Growth?
The fresh compressed yeast market is driven by the following key players:
• Lesaffre
• AB Mauri
• Lallemand Inc.
• Angel Yeast Co. Ltd.
• Pakmaya
• Biorigin
• DSM Food Specialties
• Kerry Group
• Alltech
• Oriental Yeast Co. Ltd.
What Are The Key Trends In The Fresh Compressed Yeast Market?
Key trends influencing the fresh compressed yeast market include:
• Research in yeast strain development
• Sustainable and eco-friendly practices
• Microbial fermentation technologies
• Technological advancements in packaging
• Clean-label and non-GMO products
What Are The Segments Of The Global Fresh Compressed Yeast Market?
The fresh compressed yeast market is divided into:
• 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
Which Region Leads The Fresh Compressed Yeast Market?
Asia-Pacific held the largest share in the fresh compressed yeast market in 2024. The market is distributed across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa, with each region contributing uniquely to the overall market growth and development.
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What Is Covered In The Fresh Compressed Yeast Market Global Market Report?
- Market Size Analysis: Analyze the Fresh Compressed Yeast Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fresh Compressed Yeast Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Fresh Compressed Yeast Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fresh Compressed Yeast Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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