Title: Instant Dry Yeast Market - Analysis, Share & Trends from 2017 – 2024
1Instant Dry Yeast Market Growth Statistics,
Trends, Forecast Report, 2024 Global Market
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2Regional Analysis of Instant Dry Yeast Market
- North America has a major share in global instant
dry yeast market with rise in brewery industry.
Changing consumer lifestyle and stress level has
further increased the industry demand. - Asia pacific is the fastest growing region for
instant dry yeast market owing to increase in
population and change in food consumption trends.
Consumers are switching from rice to wheat based
food such as breads due to health-related
benefits. - Europe led by Germany and France has substantial
share due to its application in bakery and
pharmaceutical industry. There has been a healthy
growth in pharmaceutical industry that in turn
has increased instant dry yeast market growth.
3Application Analysis of Instant Dry Yeast Market
- Instant dry yeast is used mainly in fermentation
and clinical research. Fermentation has larger
share owing to its use in food and beverage
industry for bread, beer and wine. These are used
in pharmaceuticals for manufacturing of medicines
like insulin and hepatitis B vaccine. The end
users for instant dry yeast market includes
bakery and brewery. Increasing production of wine
will support the industry growth as they are
widely used in brewery production. - Distribution in instant dry yeast market is done
through various distribution channels that
includes super hypermarkets, medical
convenience stores and online retailers. Medical
stores have larger share due to its increased
application in pharmaceutical industry.
4Competitive Market Share of Instant Dry Yeast
Market
- Instant dry yeast market is consolidated with
less number of companies controlling a large
industry share. Some of the major industry
players include Lesaffre, Asmussen, Hagold Hefe,
ACH Foods, Lallemand, Fleischmanns Company, AB
Mauri Food, Angel Yeast company and Pakmaya to
name a few. - Companies are adopting various strategies to
increase their share in instant dry yeast market
globally which includes new product launch,merger
and acquisition. For instance, Lallemand acquired
Mascoma Corporation, a leader in bioconversion
products to increase their production by
overtaking its technology and research
development facilities. This acquisition will
help the company to expand its geographical
presence and increase its product offerings.
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