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The rise in the adoption of active dry yeast for baking bread is driving the growth of the Bakers Yeast Market.

HYDERABAD, TELANGANA, INDIA, November 1, 2022 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that the Bakers Yeast Market size is estimated to reach $3.2 billion by 2026, growing at a CAGR of 6.1% during the forecast period 2021-2026. Bakers Yeast belongs to the species saccharomyces cerevisiae and is the common name for the yeast strains that are widely used in bakery products as a leavening agent. These are single-cell microorganisms found around the human body. Bakers yeast is increasingly being adopted across the world in bakery products as it can be stored for longer periods at room temperatures without any loss of changes in its properties.

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Key Takeaways:

This IndustryARC report on the Bakers Yeast market highlights the following areas -

1. Geographically, Europe Bakers Yeast Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the demand for bakers yeast for bioethanol production.

2. The increase in the adoption of active dry yeast as a leavening agent in bakery products is driving the Active Dry Yeast segment. However, the inaccessibility of raw materials required in the production of baker’s yeast is one of the major factors that is said to reduce the growth of the Bakers Yeast Market.

3. Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Bakers Yeast Market report.

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Segmental Analysis:

Bakers Yeast Market Segment Analysis - By Product Type : The Bakers Yeast Market based on the Product Type can be further segmented into Active Dry Yeast and Inactive Dry Yeast. The Active Dry Yeast segment held the largest share in 2020 and is also estimated to be the fastest-growing segment with a CAGR of 6.6% over the period 2021-2026.

Bakers Yeast Market Segment Analysis - By Application : The Bakers Yeast Market based on the Application can be further segmented into Cakes, Bread, Pastries, Biscuits, and Others. The Cakes segment held the largest share in 2020 owing to the factors such as the increase in the demand for single cell microorganisms like baker’s yeast to produce cakes and the rise in the investment by the key players to develop quality cake products using bakers yeast (saccharomyces cerevisiae).

Bakers Yeast Market Segment Analysis - By Geography : The Bakers Yeast Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of World. Europe segment held the largest share with 30% of the overall market in 2020. The growth in this segment is owing to the factors such as the growing demand for baker’s yeast for bioethanol production and an increase in the consumption of bread as a staple food among the working population.

Competitive Landscape:
The top 5 players in the Bakers Yeast industry are -

1. Associated British Foods Plc
2. AngelYeast Co
3. Lallemand Inc
4. Lesaffre International Corporation
5. Oriental Yeast India Private Limited

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Similar Reports:

A. Yeast Ingredients Market
https://www.industryarc.com/Research/Yeast-Ingredients-Market-Research-504919

B. Baker’s Yeast Extracts Market
https://www.industryarc.com/Report/19104/bakers-yeast-extracts-market

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