Global Yeast Market By Product Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Feed Yeast, Bioethanol Yeast, Others), By Application (Food, Feed, Others), By Form (Dry Yeast, Instant Yeast, Fresh Yeast, Others), By Type (Yeast Extracts, Yeast Autolysates, r Yeast Derivatives, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)– Industry Trends and Forecast to 2025
The Global Yeast Market is expected to reach USD 7.8 billion by 2025, from USD 4.3 billion in 2017 growing at a CAGR of 10.5 % during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The Global Yeast Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of yeast market for global, Europe, North America, Asia pacific and South America.
Market Drivers:
- Growth of the bakery industry
- Increase in demand for convenience food products
- Positive growth trend in alcoholic beverages consumption
- Growth in demand for bioethanol as a fuel
- Rising demand for specialty yeast products rising demand for environment-friendly products
- Growing innovation in the Yeast industry
- Stringent food safety regulations
Market Segmentation:
- The global yeast market is segmented by type, form, application, specialty yeast by type and geography.
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Major Market Competitors:
Some of the major players operating in the global Yeast market Are
- Hansen Holding,
- Alltech, Inc.,
- Lesaffre,
- Leiber GmbH,
- LALLEMAND,
- AngelYeast Co.,
- Associated British Foods PLC,
- Oriental Yeast Co., ltd.
- Synergy Flavor,
- Nutreco N.V.,
- Cargill,
- Kerry Group PLC,
- Archer Daniels Midland Company Compliance, among others.
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