The [FURL=https://www.industryarc.com/Research/Bakers-Yeast-Market-Research-509584?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Bakers Yeast Market[/FURL] size is forecast to reach $3.10 billion by 2026, growing at a CAGR of 5.73% during the forecast period 2021-2026. Bakers yeast is the most common name for the yeast strains widely used in bakery and bread products such as pastries, cake, bread, biscuits, and others. Bakers yeast is available in different forms and each form has certain advantages over all forms. Increasing demand for baker's yeast from the food & beverage industry and increasing use of baker's yeast for enhancing the quality of bakery goods is the major factor driving the growth of the market. Increasing consumer preference for convenience and packed food products is set to further enhance the overall market demand for the Bakers Yeast Market during the forecast period 2021-2026.Key Takeaways
Europe dominated the Bakers Yeast Market in 2020 owing to the rising demand for nutritional yeast and growing consumption of processed food. The Bakers Yeast Market scope for different regions will be provided in the final report.
Increasing demand for organic yeast offerings and increasing health benefits associated with organic products are likely to aid in the market growth of the Bakers Yeast Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Bakers Yeast Market report.
Inaccessibility of suitable raw materials required in the production of different yeast types and increasing competition is poised to create hurdles for the Bakers Yeast Market.
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Bakers Yeast Market Drivers
Increasing demand for bakery products
Increasing demand for bakery products is increasing the growth of the Bakers Yeast Market. Factors influencing the growth of the industry are flavors, fat content, texture, and sweetness. The Bread & Rolls is expected to see substantial growth owing to a significant increase in demand for products. Baker's yeast is available in different forms, the major difference being moisture content.
Rising demand for nutritional yeast
Rising demand for nutritional yeast is increasing the growth of the Bakers Yeast Market. Nutritional yeast is similar to the yeast that people use in baking, but it undergoes a heating and drying process that renders it inactive. It is dairy-free and usually gluten-free.
Bakers Yeast Market, the top 10 companies are Associated British Foods Plc., Kothari Fermentation And Biochem Ltd., AngelYeast Co., Lesaffre International Corporation, Lallemand Inc., Oriental Yeast India Private Limited, Agrano GmbH & Co. KG, Dalian Xinghe Yeast Co., Ltd, Heilongjiang Jiuding Yeast, Guangxi Forise Yeast, AB Mauri, Tüm Haklari Saklidir, Alltech and Deerland Enzymes
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