Due to the rising demand from end-user industries like food and beverages, yeast, a widely used fermenting agent that aids in the fermentation of alcohol and bread, has seen greater acceptance in recent years. This has had a substantial impact on the worldwide yeast market. During the forecast period of 2018–2026, the worldwide yeast market is expected to grow at a value CAGR of 5.4%.
One of the most important factors driving the demand for yeast globally is the growing awareness of the health benefits associated with the consumption of fermented foods that contain microorganisms like
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According to regional analysis, Europe will continue to be the most important market for bakery goods. Additionally, about 60% of the flour produced in the United Kingdom is used to make bread products, which in turn supports the global yeast market.
Additionally, studies have indicated increased consumption of alcoholic beverages around the world. This increase rate of consumption of alcohol has directly influenced the demand for yeast, which is the key ingredient used in the production of a majority of alcoholic beverages such as beer, wine, and whiskey.
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Green Trend, healthier food choices driving organic yeast market
Vegan, non-GMO, organic, and gluten-free are the new green badges of food formulations. Studies have revealed a steady shift away from traditional dairy products towards plant-based alternatives, due to growing health concerns. This global trend toward nutritionally beneficial choices is anticipated to be the real winner in the bakery products segment.
Owing to this rising demand for organic products, organic yeast is anticipated to gain traction compared to conventional yeast, which is expected to account for a considerable value share in the global yeast market.
Key Segments Covered: (Yeast Market)
By Nature
- Organic
- Conventional
By Product Type
- Instant Yeast
- Active Dry Yeast
- Fresh Yeast
- Others
By Form
- Powder
- Liquid
By End Use
Food
- Savoury & Snacks
- Soups & Sauces
- Dairy Products
- Dietary Supplements
- Bakery & Confectionery
- Meat & Poultry Products
Animal Feed & Pet Food
Beverages
Alcoholic Beverages
- Wine
- Beer
- Whiskey
- Vodka
- Gin
- Rum
- Others
Non-alcoholic Beverages
By Distribution Channel
- Direct
- Indirect
Hypermarket/Supermarket
- Convenience Store
- Specilaty Store
- E-Commerce
- Other Retail Format
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