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Global Demand for Yeast Anticipated to Grow at a Robust Rate in Beverage and Bakery Industry: 5.4% CAGR Forecasted Till 2026

Press release Description

Albany, New York, August 30, 2018: In the coming years, the market for yeast is anticipated to grow at a CAGR of 5.4% during the forecast period 2018-2026. There are several major factors driving the growth of the market and making it a highly active market. These findings have been clearly presented in a new study, titled “Global Market Study on Yeast 2018-2026” which has been added to the wide repository of Market Research Reports Search Engine (MRRSE). This 274-page study is a professional and in-depth analysis on the current state and future prospect of the yeast market by 2026 end. It provides reliable information to industry insiders, potential entrants and investors.

Yeast, nowadays being the prime ingredient used in the production of beer, provides the right proportion of texture and flavor to beer during its production. Therefore, rising demand and consumption of beer has been elevating the global yeast market at a steady pace. Analysts of the report found that global alcohol consumption is on the rise, and the consumption of beer accounts for the highest volume share in this particular market. In terms of revenue, the study projects that the market valuation will reach over US$ 10,200 Mn by 2026 end.

This intelligent study begins with a brief overview of the yeast market with respect to the segments based on nature, product type, form, end-use and geography. Regions highlighted in the study are Europe, the Asia Pacific, North America, Latin America, and the Middle East and Africa. This subsequent section also showcases the market dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. Some of the major insights from the report include-

  • Presently, rising awareness of health benefits associated with the intake of fermented food that contains microorganisms such as bacteria and yeast which use the nutrients in the food as an energy source, resulting in the transformation of food, containing organic acids, can be reflected as one of the most prominent factors driving the demand for yeast, globally.
  • Moreover, bakery industry has been using yeast as an ingredient and not as a food additive, till recently. Due to this, the market for yeast is expected to gain significant momentum in the bakery sector. The segmental analysis of the report reveals that organic yeast is anticipated to gain traction compared to conventional yeast, which is expected to account for a considerable value share in the global yeast market.
  • Geographically, Europe will remain the most dominating market for bakery products. This, in turn, fueling the global yeast market in the region.

At last, the study outlines major players operating in the yeast market around the world. They are Alltech Inc., Chr Hansen A/S, Kerry Group Plc, Oriental Yeast Co., Ltd, Lesaffre Group, Ohly, Royal DSM N.V, Lallemand Inc., DCL Yeast Ltd, Imperial Yeast, AB Mauri, Angel Yeast Co., Leiber GmbH, Novous International, Laffort SA, Liber Gmbh, Renaissance BioScience Corp, Agrano GmbH & Co. KG, UNIFERM GmbH & Co. KG. and Bintani among others.

Browse Full Global Yeast Market Report with TOC :

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