The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Fresh Compressed Yeast Global Market Report 2024, the fresh compressed yeast market is expected to show significant growth in the forecast period.

The fresh compressed yeast market has witnessed robust growth in recent years, fueled by factors such as bakery industry expansion, health consciousness, and population growth. Let’s explore the current market dynamics, growth projections, and technological innovations shaping the future of fresh compressed yeast.

Current Market Trends

Recent Performance (2023-2024)

• Market Size: Increased from $4.64 billion in 2023 to $5.05 billion in 2024.
• Growth Rate: Compound Annual Growth Rate (CAGR) of 8.8%.
• Key Drivers:
  • Bakery Industry Growth
  • Traditional Baking Methods
  • Rising Population and Urbanization
  • Health Consciousness

View More On The Fresh Compressed Yeast Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/fresh-compressed-yeast-global-market-report

Future Growth Outlook (2024-2028)

Anticipated Expansion

• Market Size: Expected to reach $6.8 billion by 2028.
• Growth Rate: CAGR of 7.7%.
• Key Contributors:
  • Specialty and Artisanal Baked Goods
  • Expansion of Quick-Service Restaurants
  • Gluten-Free and Allergen-Free Product Development
  • Globalization of Baked Goods Consumption
  • E-commerce Growth in Food Ingredients Sales

Bakery Industry Demand

Market Catalyst

• Increasing Demand: Bakery products driving fresh compressed yeast market growth.
• Essential Ingredient: Fresh yeast widely used in bread, rolls, and yeast-raised baked goods.
• Global Impact:
  • Euromonitor International: Retail sales of baked goods in the US reached $67.9 billion in 2021.

Technological Innovations

Industry Advancements

• Sustainable Production: EvodiaBio’s yeast-based technology for fragrance production.
• Environmental Impact:
  • Reduced Water and CO2 Emissions
  • Improved Flavor and Sustainability

Strategic Acquisitions

Market Expansion

• Angel Yeast’s Acquisition: Broadening portfolio and enhancing production capabilities.
• Strategic Move:
  • Exploiting Local Corn Resources
  • Addressing Molasses Constraint

Market Segmentation

The fresh compressed yeast market is segmented based on:

• Product Type: Baker’s Yeast, Brewer’s Yeast, Bio-ethanol Yeast, Feed Yeast.
• Form: Fresh Yeast, Active Dry Yeast, Instant Yeast, Other Forms.
• Application: Functional Food, Beverage Segment, Feed, Other Applications.

Regional Insights

• Asia-Pacific: Dominated the global market in 2023.

As the demand for bakery products continues to rise globally, the fresh compressed yeast market is poised for substantial growth. Technological advancements and strategic acquisitions are reshaping the industry landscape, paving the way for sustainable production practices and innovative solutions. With a focus on quality, sustainability, and market expansion, major players in the fresh compressed yeast market are poised to capitalize on emerging opportunities and meet evolving consumer demands.

Request A Sample Of The Global Fresh Compressed Yeast Market Report 2024:
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The Fresh Compressed Yeast Global Market Report 2024  provides an in-depth analysis on the fresh compressed yeast market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the fresh compressed yeast market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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