“Global Yeast market set to grow to $5.5bn by 2024” says new Visiongain report

30 August 2019
Food and Drink

Visiongain has launched a new food report Global Yeast Market Report 2019-2029: 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.

Yeast is a key ingredient in the bakery industry and globally 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 "Booming demand for yeast from wide range of end-use industries and the increase in supply to meet market demand have led to significant growth in consumption of yeast. The rise in innovative usage of yeast in extensive range of both food and non-food applications has presented new growth avenues for the yeast market and provides further scope for market development."

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 and other companies

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 focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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