Global Yeast Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Yeast Market By Type, Applications & Form: Global Opportunity Analysis and Industry Forecast, 2017–2025,” ,” the yeast market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia-Pacific region dominates the yeast market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Consumption of bakery products with alcoholic beverages is preferable trend which helps to drive the market. Consecutive growth for bioethanol fuel as ethanol is produced through fermentation of carbohydrates by yeast cells. Specialty yeast products are considered as natural ingredients and constant demand of natural ingredients from consumers benefits to grow the yeast market. However, strict government food safety regulations limit the market growth of yeast market.
The factors drives global yeast market includes significant growth of bakery industry with increase in demand for convenient food products. The main opportunity to yeast market can be alternative option to Monosodium Glutamate (MSG) as yeast.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global yeast market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why? The major companies profiled in the report include: Associated British Foods PLC, Angel Yeast Co. Ltd., Lallemand Inc., Leiber GmbH, Lesaffre, Alltech Inc., Chr. Hansen Holdings A/S, Koninklijke DSM N.V, Oriental Yeast Co. Ltd., Synergy Flavours, Cargill, Kerry Group PLC, and ADM Company."
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