Yeast Market worth $8.5 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
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Source: Yahoo! Finance
projection, anticipated to escalate to USD 8.5 billion by 2029, indicating a robust CAGR of 8.9% from 2024 to 2029 according to a report published by MarketsandMarkets™. The yeast market has experienced significant growth in recent years, driven by the expanding demand for bakery products, alcoholic beverages, and animal feed. With yeast being a crucial ingredient in these sectors, advancements in biotechnology and fermentation processes have enabled manufacturers to produce high-quality yeast strains efficiently. Moreover, the rising preference for natural and clean-label ingredients in food and beverage products has further propelled the yeast market forward. As consumer preferences continue to evolve towards healthier and sustainable options, the yeast market is expected to witness sustained growth, with innovations likely to drive further diversification in applications and product offerings. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=268
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