Yeast Market Set to Rise: Driven by Bread, Beer, and Beyond [Yahoo! Finance]
ASSOCIATED BRI/F UNSP/ADR (ASBFY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
According to a new report published by MarketsandMarkets, the market is projected to reach a staggering $8.5 billion by 2029, driven by a Compound Annual Growth Rate (CAGR) of 8.9%. This surge can be attributed to several key factors: Download PDF Brochure Now: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=268 Booming Bakery and Beverage Industries: Baker's yeast, the dominant player, is seeing increased demand due to rising bread consumption, especially in developing regions like India. Brewer's yeast is also experiencing a boost thanks to the ever-popular craft beer movement. The Rise of the Health-Conscious Consumer: The demand for natural and clean-label ingredients is propelling the market forward. This trend is encouraging innovation in yeast strains and applications, leading to a wider variety of healthy and sustainable products. Revolutionizing Animal Feed: The feed sector is a significant market player, driven by the need for enhanced nutritional benefits in
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