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Global Yeast Ingredients Market predicted to garner a CAGR above 8% by 2025

The global yeast ingredients market was worth US$ 1.99 million in 2020 and is expected to grow at a compound annual rate of 7.8% to reach $ 4.51 million by 2025.

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Global Yeast Ingredients Market predicted to garner a CAGR above 8% by 2025

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  1. Greater use in nutritional supplements accelerate the growth of the Yeast Ingredients Market Global Yeast Ingredients Market predicted to garner a CAGR above 8% by 2025 Asia Pacific to witness highest CAGR in the Global Yeast Ingredients Market Market overview: The global yeast ingredients market was valued at US$ 1.91 billion in 2020 and is expected to reach US$ 2.6 billion by 2025, with an average annual growth rate of 8.2% during the forecast period. Yeast is a living unicellular organism. Yeast is found in abundance in the soil, plant surfaces and proteins, such as honey and blooming fruits. Yeast converts food into alcohol and carbon dioxide through a process called fermentation. This is of crucial importance not only when the yeast makes wine and beer, but also during the cooking process. It commonly used to bake bread and bakery products, which is often called baker's yeast. Flour is the most widely used flour when baked with yeast. Recent developments: August 2017: -Ajinomoto Co. Inc. has signed an outsourcing agreement with Meihua Holdings Group in China to manufacture amino acids for feed. Market Drivers and Restraints: The increase in the intake of processed and fast foods, especially bakery products, is expected to stimulate market growth. The growing demand for yeast ingredients in the food and beverage industry and a greater individual awareness of the health benefits and nutritional value of yeast in food are the key drivers of the growth of the global yeast ingredients market. In addition, the greater use of yeast ingredients in nutritional supplements, pharmaceuticals and the greater interest of the consumer in organic foods made from natural food additives are other factors that are foreseen to accelerate the growth of the world market for yeast ingredients during the period. In addition, the increased use of yeast ingredients in the dairy, cosmetics and feed industry is another factor that is likely to accelerate the global yeast ingredients market during the forecast period. However, the lack of availability of raw materials is a crucial factor in the growth of the global yeast ingredients market. Also, intense competition among market participants is another factor that is expected to hamper the growth of the global yeast ingredients business during the forecast period. To know more read: https://www.marketdataforecast.com/market-reports/yeast-ingredients-market Report Segmented as: Depending on the type, the yeast extract segment dominated the market, accounting for most of the value in 2014. The increase in consumer preference for salty foods and flavors is expected to lead the global yeast ingredients market.

  2. Depending on the application, the market for yeast ingredients is divided into food, feed and pet food, pharmaceuticals and others. The food sector accounted for most of the global yeast ingredients market. By source, the yeast ingredients market is divided into baker's yeast and brewer's yeast. Baker's yeast segment accounted for most of the global market. Compressed baker's yeast is the most used product. Geographical Segmentation: The European market has the highest proportion of sales in the world market of yeast ingredients due to the growth of the local dairy industry and the increase in the consumption of functional foods. The Asia-Pacific market is expected to show the fastest growth during the forecast period, with greater awareness about the consumption of healthy and nutritional foods and the increase in disposable income in developing countries such as China and India. The North American market is expected to experience significant growth during the forecast period as the demand for yeast components in the food, feed and pharmaceutical industries in the region grows. Key market players: Key players in the global yeast and yeast ingredients market include DSM, Associated British Foods plc and Angel Yeast Co. Ltd, Cargill, Kerry Group, Incorporated, Archer Daniels Midland Company, Lesaffre Yeast Corporation and Lallemand Inc. View sample and decide: https://www.marketdataforecast.com/market-reports/yeast-ingredients-market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

  3. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/

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