(Entertainment-NewsWire.com, October 05, 2018 ) According to Verified Market Intelligence, the global yeast market was valued at USD 3.04 billion in 2016 and is projected to reach USD 6.44 billion by 2025, growing at a CAGR of 8.7% from 2017 to 2025.
Yeast is most commonly used as single-celled fungi. It is available in the market in many forms such as edible mushrooms, common baker’s yeast, and molds. It is used in making various products that include bread, alcoholic drinks, non-alcoholic drinks, biofuel, probiotics, and yeast extract. Yeast provides health benefits by adding protein content to the diet and also used in skincare treatment. It has the wide range of application in various industries such as food & beverages, pharmaceuticals, chemical, energy, and environmental.
Increasing demand for functional bakery products, bioethanol, alcohol industry and growing awareness about the importance of yeast as compared to its alternative Monosodium Glutamate (MSG) have been driving the global yeast market. While the shortage of raw materials and strict food safety standards and regulations might hinder the overall growth at a global level.
The “Global Yeast Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Nutreco N.V., Oriental Yeast Co., Ltd., Pacific Ethanol, Inc., Synergy Flavors, Inc., Leiber GmbH, Koninklijke DSM N.V., Lallemand Inc., Alltech, Inc., Angel Yeast Co. Ltd., Archer Daniels Midland Company, Cargill, and Incorporated. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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