Yeast market size was US$4.02 billion in 2021 and is expected to register a 9.7% CAGR in sales during the forecast period
NEW YORK CITY, NEW YORK, U.S., Sept. 20, 2022 /EINPresswire.com/ — The size of the global yeast market is expected to reach US$9.20 billion in 2030 according to the latest estimates, registering a CAGR of 9.7% during the forecast period Report of reports and data. Some of the key factors driving revenue growth in global yeast market are increasing demand for and production of bakery products such as cookies, biscuits, pizza, bread, cakes etc., increasing consumption of alcoholic beverages and increasing spending on healthy organic food . Yeast is a type of unicellular fungus. Yeast is a good source of protein, vitamin B, and minerals like selenium, chromium, zinc, copper, and others. Yeasts are found on plant surfaces and in soil, and often in sugary media such as fruit and flower nectar.
Yeast is widely used in the food, beverage, feed and other industries. The food segment had the largest share of sales in the global market in 2020. This is due to the increasing application of yeast in the food industry for the production of dietary supplements, alcoholic and non-alcoholic beverages, canned and frozen foods, baked goods, beverages and snacks, and others. Increasing demand for alcoholic beverages, technological advancements in food processing technology, increasing disposable income in developing countries, and increasing demand for yeast-based feed are some key factors expected to further drive the revenue growth of the global yeast market during the forecast period.
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The research report provides details of leading companies in the global Yeast Market along with the global position, financial standing, licensing agreement, product and service portfolio, and revenue contribution of each market player. Major players in the market are focused on implementing various strategies such as mergers and acquisitions, business expansion plans, new product launches, partnerships, collaborations and joint ventures to improve their product base and compete in the market.
Some of the leading market players are listed below:
• Associated British Foods PLC,
• Royal DSM NV,
• Alltech, Angel Yeast Co., Ltd.,
• Sensient Technologies Corporation,
• Lallemand Inc.,
• Leiber GmbH,
• Oriental Yeast Co., Ltd.,
• Lesaffre Group,
• Synergic flavors.
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The global Yeast industries are also studied on the basis of leading segments, and dominant product and application segments are examined in detail. The report aims to help readers to benefit from the growth prospects that exist in the market in the global yeast industry. It provides essential information about drivers and restraints affecting the leading segments in the global Yeast Industry.
By type Outlook
• Feed yeast
Via Outlook form
After application Outlook
For comprehensive coverage, the report discusses growth prospects, opportunities, and challenges. The market report takes into account various key factors across the leading regions.
Yeast Market Segmentation By Regions:
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Italy, Spain, Benelux, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, rest of Asia Pacific)
• Latin America (Brazil, rest of Latin America)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of Middle East and Africa)
Key Features of the Global Yeast Market:
• The report provides detailed estimates at a regional level with manufacturers, consumption, sales and import/export dynamics.
• The report provides accurate details of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio and gross profit of leading companies.
• Company profile with prevailing expansion strategies, revenue generation and recent developments.
• Optimal strategic initiatives for new entrants.
• Manufacturing processes, suppliers, costs, production and consumption rates, mode of transport and cost structuring, and value chain analysis.
• The study also includes supply chain trends, including detailed descriptions of the latest technological developments
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