Visiongain Food analysts says: “Global Yeast Market set to grow to $5.1bn by 2023”

13 July 2018
Food and Drink

Visiongain’ has launched a new food report Global Yeast Market Report 2018-2028: Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Feed Yeast, Bioethanol, Dry Yeast, Instant Yeast, Fresh Yeast, Food, Feed, Bakery, Beverages, Processed & Convenience Foods, Yeast Extracts, Yeast Autolysates, Beta Glucan, Other Yeast Derivatives.

Increasing demand for bakery goods, especially in the developing economies such as China, India, countries in South America, Africa and other regions is expected to significantly boost the volume consumption of yeast. Escalation in consumption of processed “on-the-go” food products owning to rising disposable income is also supporting the yeast market.

The lead analyst of the report commented “The rise in innovative usage of yeast in both food and non-food applications has presented new growth avenues for the yeast market and provides further scope for market development. Moreover, increasing technological development for production of specialty yeast and transfer of these technologies to smaller market players through joint ventures, agreements, mergers & acquisitions and other such strategies is expected to further drive the yeast market.”

Leading companies featured in the report include Alltech, Angel Yeast Co., Ltd., Associated British Foods plc, Chr. Hansen A/S, Koninklijke DSM N.V., Lallemand Inc., Leiber GmbH, Lesaffre Group, Sensient Technologies, Synergy Flavors

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About visiongain

Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports cusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

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