Compressed Yeast Market Forecast and CAGR
According to the latest research by Fact.MR, Compressed Yeast market is set to witness steady growth with a 6.9% CAGR during 2021-2031. The demand is attributed to increasing use in bread and confectionery products, increased knowledge of nutritional advantages, and changing lifestyles.
Rising Trend of Fast Food And Processed Food Consumption, Especially Bakery Goods Fueling The Demand of Compressed Yeast.
Fresh compressed yeast is widely utilized in the bread-making industry, and it has contributed considerably to market expansion. The product outperforms dry yeast in terms of activation time, leading to a surge in demand from bakers. The second most significant element in bread manufacturing is compressed yeast.
Its main function, like that of other yeast types, is to convert fermentable carbohydrates into CO2 gas and ethanol. The leavening action is provided by the gas and other minor metabolites, such as organic acids, which form a light loaf of bread.
There are a few restraints on the market for fresh compressed yeast. One of the major restraints on the fresh yeast industry is its scarcity in emerging markets, despite the fact that retailers generally stock it seasonally. The fresh yeast market is constrained by its perishability, which requires refrigeration to maintain the appropriate temperature conditions. Companies that produce fresh compressed yeast can potentially expand their market by strengthening their distribution channels.
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U.S. and Canada Demand Outlook for Compressed Yeast Market
The U.S. is expected to remain at the forefront of the compressed yeast market expansion. Compressed yeast is ideal for breads that require a lengthy, gradual rising time since it activates faster and stays active for longer than dried yeast.
Prior to use, compressed yeast does not require activation or hydration. Compressed yeast is frequently substituted with cream yeast. However, this condition may only be viable in high-speed bakeries that must satisfy efficiency standards which further helps the compressed yeast to grow exponentially. The compressed yeast market in Canada is expanding owing to rising disposable income and changing consumer lifestyles that demand more processed foods such as bakery goods.
Europe Demand Outlook for Compressed Yeast Market
Europe is projected to be a huge opportunity for the compressed yeast market, which is unsurprising given that processed and convenient food is highly consumed in the region. Compressed yeast has a wide application in bakery goods including Rye Breads, Pan Breads, Bread Roils, Croissants, French Breads, and yeast-raised donuts.
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Compressed Yeast Market: Key Players
Some key manufacturers operating the business in the Compressed Yeast market globally includes
- AngelYeast Co. Ltd
- Koninklijke DSM N.V.
- Leiber GmbH
- Chr. Hansen Holding A/S Synergy Flavors
- Sensient Technologies Corporation
- Lesaffre Yeast Corporation.
Other players in compressed yeast market includes
- Lallemand Inc.
- Associated British Foods plc
- Oriental Yeast Co. Ltd
- Kerry Group plc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Compressed Yeast Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
An Adaptive Approach to Modern-day Research Needs
Compressed Yeast: Market Segmentation
Based on product type, the global compressed yeast market can be segmented as:
- Feed Yeast
- Brewer’s Yeast
- Baker’s Yeast
- Bio-ethanol Yeast
Based on application type, the global compressed yeast market can be segmented as:
- Functional food
- Beverage Industry
Based on function, the global compressed yeast market can be segmented as:
- Dough rising
- Texture improvement
- Acidification of dough
- Flavor enhancement
- Modification of rheological properties of dough
Based on the Region, the global compressed yeast market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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