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The global yeast market was valued at US$ 6,281 Million in 2021.
We expect the global yeast market to exhibit a CAGR of 7.90% during 2022-2027.
The rising usage of yeast in the baking industry, coupled with the growing consumer awareness
towards the nutritional benefits of inactivated yeast in dietary supplements, is primarily driving the
global yeast market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
Based on the form, the global yeast market can be categorized into dry yeast, instant yeast, fresh
yeast, and others. Currently, fresh yeast exhibits clear dominance in the market.
Based on the type, the global yeast market has been segmented into baker’s yeast, brewer’s yeast,
wine yeast, bioethanol yeast, feed yeast, and others. Among these, baker’s yeast represents the
largest market share.
Based on the application, the global yeast market can be bifurcated into food, feed, and other
applications. Currently, food accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where Europe currently dominates the global market.
Some of the major players in the global yeast market include Associated British Foods Plc, Lesaffre &
CIE, Angel Yeast Co., Ltd, Cargill, Incorporated, Chr. Hansen A/S, Alltech Group, Lallemand Inc.,
Koninklijke DSM N.V., Nutreco N.V., Kerry Group plc, Synergy Flavors, Inc., The Archer Daniels
Midland Company, Oriental Yeast Company Limited, Diamond V Mills, Inc. (Diamond V), Pacific
Ethanol, Inc., Leiber GmbH, etc.
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