The
global Yeast
Market size is expected to reach USD 8.05 Billion in 2028 and register
a CAGR of 9.5% over the forecast period, according to the latest report by
Reports and Data. Some of the key factors driving global yeast market revenue
growth include rising demand for and production of bakery products such as
biscuits, cookies, pizza, bread, cakes etc., rising consumption of alcoholic
beverages, and increasing spending on healthy organic foods. Yeast is a type of
single-celled fungi. Yeast is a good source of protein, vitamin B, and minerals
such as selenium, chromium, zinc, copper, and others. Yeasts can be found on
plant surfaces and in soils as well as are frequently found in sugary mediums
such as fruits and flower nectar.
Yeast
is widely used in food, beverages, feed, and other industries. Food segment accounted
for largest revenue share in the global market in 2020. This can be attributed
to increasing application of yeast in the food industry for production of
nutritional supplements, alcoholic and non-alcoholic beverages, canned and
frozen foods, bakery, beverages, snacks, and others. Increasing demand for
alcoholic beverages, technological advancements in food processing technology,
increasing disposable income in developing countries, and rising demand for
yeast-based feed are some key factors expected to continue to drive revenue
growth of the global yeast market over the forecast period.
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Competitive
Landscape:
The research
report offers details about leading companies in the global Yeast market along
with global position, financial standing, license agreement, products and
services portfolio and revenue contribution of each market player. Key players
in the market are focusing on adopting various strategies such as mergers and
acquisition, business expansion plans, new product launches, partnerships,
collaborations, joint ventures to enhance their product base and gain robust
footing in the market.
Some of the Leading Market Players Are Listed Below:
· Associated
British Foods PLC,
· Koninklijke
DSM N.V.,
· Alltech,
Angel Yeast Co., Ltd.,
· Sensient
Technologies Corporation,
· Lallemand
Inc.,
· Leiber
GmbH,
· Oriental
Yeast Co., Ltd.,
· Lesaffre
Group,
· Synergy
Flavors.
Get more Information about this Report: https://www.reportsanddata.com/report-detail/yeast-market
Yeast Market Segmentation based on Types:
- Baker’s
- Brewer’s
- Wine
- Bioethanol
- Feed Yeast
- Other
Yeast Market Segmentation based on Application:
- Food
- Beverages
- Feed
- Others
Yeast Market Segmentation based on Regions:
·
North
America (U.S., Canada, Mexico)
·
Europe
(Germany, U.K., 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 & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East &
Africa)
Key
Features of the global Yeast Market:
·
The
report offers detailed estimations at the regional level with manufacturers,
consumption, sales and import/export dynamics.
·
The
report provides accurate details related of the manufacturers/vendors in the
market, company overview, pricing analysis, financial standing, product
portfolio, and gross profit of leading companies.
·
Company
profiling with prevalent expansion strategies, revenue generation, and recent
developments.
·
Optimum
strategic initiatives for new players in the market.
·
Manufacturing
processes, suppliers, cost, rates of production and consumption, transport mode
and cost structuring, and value chain analysis.
·
The
study also includes supply chain trends, including elaborate descriptions of
the latest technological development
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