Baking Ingredients Market - Global Trends & Forecast to 2020 Yeast Market | Page 2
The report "Yeast Market by Type (Bakers, Brewers, Wine, Feed, Bioethanol), Form (Dry,
Instant, Fresh), Application (Food, Feed), Specialty Yeast by Type (Yeast Extracts and
Autolysates), and Region - Global Forecast to 2022“. The Yeast Market is projected to
account for a value of USD 5.4 billion by 2022. Increasing adoption of a health-enriching diet
is becoming the new norm among consumers, which is significantly influencing the budget
allocation decisions of manufacturers.
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To maintain their health, consumers are increasingly spending on protein-rich food products
such as fermented meat, dairy products, bakery products, and vegetables. Consumers also
include fermented food products in their diets, which have encouraged manufacturers to
utilize various yeast products. According to MarketsandMarkets, the yeast market is
projected to account for a value of USD 5.4 billion by 2022, recording a CAGR of 9.0%.
The Demand for Yeast To Remain Concentrated in the Food Segment Through 2022
Consumers are increasingly becoming sensitive to the impact of food products on their
health and have become conscious about the ingredients used.