Yeast Market to Expand at CAGR of 5.3% during Forecast Period, Observes TMR Study – PR Newswire UK

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08 Feb, 2022, 06:00 GMT
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– Due to the growing demand, yeast manufacturers are anticipated to have attractive prospects in the pharmaceutical industry
– As consumers spend more on healthy organic food items, there is a rising demand for yeast in the food & beverage industry, which is expected to generate sales potential in the global market
ALBANY, N.Y., Feb. 8, 2022 /PRNewswire/ — The market value for global yeast market stood at US$ 7.9 Bn in 2021, according to a recent study by Transparency Market Research (TMR). According to the study, expanding at a CAGR of 5.3% during the forecast period, the global market is anticipated to attain valuation of US$ 13.28 Bn by 2031. Yeast products are in high demand due to increasing popularity of baking products such as cookies, biscuits, cakes, and bread globally. The global yeast market is driven by changes in lifestyle, packaged food consumption, higher spending capability on food & beverages, and prominence of baking and confectionery among people all over the world. In the presence of oxygen, yeast turns sugar into carbon dioxide, biomass, and energy.
During the coronavirus epidemic, the growing inclination and popularity of preparing baked items at home has boosted sales of yeast dramatically. The global yeast market is being driven by the growing demand for yeast in the food & beverage industry. Due to increasing customer demand, manufacturing companies are focusing on boosting yeast output.
With a market value share of 34.9 % in 2021, North America is predicted to lead the global yeast market. This is due to rising consumer demand for wholesome and nutritious food products as well as ingredients, and growing use of yeast as a catalyst and for the purpose of fermentation.
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Key Findings of Market Report
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Global Yeast Market: Growth Drivers
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Global Yeast Market: Key Players
Some of the key market players are
Global Yeast Market: Segmentation
Nature
Product Type
Form
End Use
Distribution Channel
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Food & Beverages Industry battles Tangible Impact of Economic and Cultural changes, Explore Transparency Market Research’s award-winning coverage of the global Food & Beverages:
Organic Yeast Market – https://www.transparencymarketresearch.com/organic-yeast-market.html 
Yeast-based Spreads Market – https://www.transparencymarketresearch.com/yeast-based-spreads-market.html 
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
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SOURCE Transparency Market Research
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