The yeast market is expected to gain market growth in the forecast period 2020 to 2027. Our Research shows that the market is growing at a CAGR of 8% over the forecast period from 2021 to 2027, from USD 55.9 million in 2021 to 2027. The widespread application of the cosmetic industry and the growing demand for bioethanol as a fuel are the main drivers driving the market in the forecast period.
Several commercial products contain mixtures of live and dead S. cerevisiae cells in varying proportions, which can be used as feed additives in animal nutrition. Yeast is widely used in various industries for the fermentation process. The bakery industry is leading the way in using yeast as an important ingredient. Bakery products such as bread, rye bread, whole wheat bread, bread, white bread and brown bread are in great demand around the world. These dominant factors are driving the market. Increasing urbanization and Western culture have increased the demand for bakery products. Due to the demand from the enrichment of animal feed products and increased alcohol consumption, the yeast market is expected to be subject to stringent government regulations on yeast and yeast derivatives to limit yeast use during the forecast period.
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A full report of Yeast Industry Market available at: https://www.orionmarketreports.com/yeast-industry-market/47529/
Yeast Industry Market Segmentation
By Type:
• Baker’s Yeast
• Bioethanol Yeast
• Brewer’s Yeast
• Wine Yeast
• Feed Yeast
• Others
By Application:
• Food (Bakery, Non- Alcoholic Beverages, Alcoholic Beverages)
• Feed
• Others
By Form:
• Instant Yeast
• Dry Yeast
• Fresh Yeast
• Genetically Modified Yeast
• Others
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
