A recent report published by Infinium Global Research on yeast market provides in-depth analysis of segments and sub-segments in the global as well as regional yeast market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional yeast market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global yeast market. According to the report, the global yeast market is projected to grow at a CAGR of 6.7% over the forecast period of 2019-2025.
The growing industrial application of the yeast is continuously boosting the demand of the yeast around the globe. From ancient time, it is used for several purposes such as baking and brewing. As human society is growing, the application of the yeast is increasing day by day. In today's time, it has numerous application, which ranges from the brewing of wine and alcohol, the bakery industry, provides flavor to root beer and soft drinks. Further, it has application in several scientific research to explore the human genetics. Additionally, it is used to prepare biofuel, animal feed, and yeast extract.
The continuous increasing disposable income among the young and middle-class consumers and simultaneously their growing appetite for the different type of processed food is helping to grow the demand for the yeast for the food and beverage industry. Further, the growing focus of scientific research to know more about the human gene is catalyzing the demand of the yeast-based product for scientific research. Additionally, the growing awareness among the consumers about the side effects of using conventional fuels and increasing application of the biofuel is expected to boost the demand of the yeast-based products for biofuel production in the near future.
Geographically, the yeast market is segmented into four regions namely North America, Europe, the Asia Pacific and RoW. North America is the largest player of the yeast market, owing to the presence of a large number of the food and beverage companies, increasing scientific research, growing application of the biofuel are helping to grow the demand of the yeast products in this region. The Asia-Pacific yeast market is expected to grow at the highest CAGR during the forecast period, owing to the growing demand of the yeast-based products for the food and beverage industry.
The report on global yeast market covers segments such as type, application, and form. On the basis of type, the sub-markets include baker’s yeast, brewer’s yeast, wine yeast, bioethanol yeast, feed yeast, and other types. On the basis of application, the sub-markets include food, feed, and other applications. On the basis of form, the sub-markets include dry yeast, instant yeast, fresh yeast, and other forms.
The report provides profiles of the companies in the market such as Archer Daniels Midland Company, Kerry Group, Cargill, Incorporated, Nutreco N.V., Great Places to Work, Oriental Yeast Co., Ltd., Koninklijke DSM N.V., Chr. Hansen Holding A/S, Alltech, and Lesaffre.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of yeast market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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