PUBLISHER: Verified Market Research | PRODUCT CODE: 1622628
PUBLISHER: Verified Market Research | PRODUCT CODE: 1622628
Fresh Compressed Yeast Market size was valued at USD 3.61 Billion in 2023 and is projected to reach USD 6.50 Billion by 2030 , growing at a CAGR of 7.8% during the forecasted period 2024 to 2030. Increasing demand for bakery applications and confectionery items increases awareness regarding nutritional benefits, and changing lifestyles is the factor driving the market growth of the Fresh Compressed Yeast Market. The Global Fresh Compressed Yeast Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Fresh Compressed Yeast Market Definition
Fresh compressed yeast is a cream yeast that has been compressed into small blocks with most of the water removed. This yeast is the most common baker's yeast on the market. They are used in both small and fast bakeries. Compressed yeast is a cheap leavening agent because of its viability and vitality. Fresh compressed yeast is probably the second most important ingredient in bread production. Similar to other yeast forms, fermentable carbohydrates are converted to CO 2 gas and ethanol. Gas and other minor metabolites like organic acids provide fading effects that produce light pan bread.
Fresh compressed yeast has various functions in yeast-leavened baked goods like increasing dough, improving texture and flavor, and changing of rheological effects of dough. When the fresh compressed yeast arrives at the bakery, it is stored in a particular room at refrigerated temperature. For yeast datasheets, gas-generating or vital gas-generating power is essential. Cell viability of live cells in yeast populations, water, and total solids, refrigerated storage records, date of manufacture and inventory levels, and off-flavor and off-flavor absence.
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Global Fresh Compressed Yeast Market Overview
The primary factor driving the market growth is the rising disposal income, changing consumers' lifestyles demanding more processed foods, and increasing alcohol consumption drive the growth market. Wide application in baking and confectionery yeast is exciting the market. The trend of consuming processed food and fast food is increasing, especially bakery products are driving the growth of the market. Increasing awareness about the nutritional benefits of brewer's yeast is expected to significantly drive the growth of the Fresh Compressed Yeast Market in the coming years.
Increased awareness of cleanliness, hygiene, and product benefits are driving the market's growth. The lack of suitable raw materials required to produce different yeasts and its perishability and refrigeration requirements to maintain the desired temperature conditions is the factor to hinders the growth of the market. Expanding the retail space increasing demand for bakery products with an increase in population, increase in research and development investment, and increasing technological advancement is the opportunity for the market growth of the Fresh Compressed Yeast Market.
The Global Fresh Compressed Yeast Market is segmented on the basis of Product, Application, And Geography.
Based on Product, The market is segmented into Baker's Yeast, Brewer's Yeast, Bio-ethanol Yeast, and Feed Yeast. The Baker's Yeast segment holds a large number of shares in the market because of the cost-effectiveness and vast application areas of Baker's Yeast in industries like food and feeds with the increase in consumption of bakery products. Therefore, the rising consumption of bakery products, mainly bread, is the factor that boosts the market growth.
Based on Application, The market is segmented into Functional Food, Feed, Beverage Industry, and Others. The Functional Food segment holds a large number of shares in the market because of the increasing consumption of naturally-extracted components and rising demand for clean-label and free-from products. An expansion in production to serve the requirements in the food industry is the factor that boosts the market growth of the Fresh Compressed Yeast Market.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.