Baking Yeast Market type, segmentation, growth and forecast 2023-2030
Baking Yeast Market
The Baking Yeast Market is expected to grow from USD 2.60 Billion in 2022 to USD 3.80 Billion by 2030, at a CAGR of 4.60% during the forecast period.
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Baking Yeast Market Size
Baking yeast is a type of yeast used in the baking industry to ferment dough and give it the flavor and texture desired. The market research report provides segmentation of the baking yeast market based on type, application, region, and major players in the industry. The types of baking yeast considered in the report include Regular Active Dry Yeast and Instant Yeast. The applications of baking yeast covered in the report are Bread, Cake, Dessert, Biscuits, and Others. The regions considered are North America, Asia Pacific, Middle East, Africa, Australia, and Europe, with major players including Lallemand, Leiber, Pakmaya, Alltech, DCL Yeast, National Enzyme, Algist Bruggeman, Kerry Group, Kothari Fermentation and Biochem, Angel Yeast, and Guangxi Forise Yeast. The report includes information on regulatory and legal factors specific to market conditions, including pricing regulations, labeling and packaging regulations, and import/export regulations.
Baking Yeast Market Key Players
Lallemand
Leiber
Pakmaya
Alltech
DCL Yeast
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Baking Yeast Market Segment Analysis
One of the latest trends in the Baking Yeast market is the growing consumer demand for clean-label and natural ingredients in bakery products. This trend has led to an increased demand for organic, non-GMO, and clean-label yeast products. Moreover, there is a shift towards sourdough and artisan bread products, which require special yeast strains.
According to the report, the Baking Yeast market is expected to continue its growth trajectory, with increased innovations in the production process and developments in the application of yeast for baking purposes. The report recommends manufacturers to focus on leveraging technology for enhancing production efficiency and improving the quality of yeast products. Additionally, there is an opportunity for manufacturers to develop clean-label and sustainable yeast products that cater to the growing consumer demand for natural and organic ingredients.
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KEY PRODUCT APPLICATION COVERED
Bread
Cake
Dessert
Biscuits
Others
KEY PRODUCT TYPES COVERED
Regular Active Dry Yeast
Instant Yeast
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