The Organic Yeast Market is being driven by Increased awareness of organic yeast benefits
The Organic Yeast Market is expected to grow at a CAGR of 10.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 446.6 million. The organic yeast market is witnessing a significant increase in mergers and acquisitions, with key industry players making strategic moves to bolster their market positions and broaden their capabilities. One such notable transaction occurred on December 21, 2023, when Lallemand, a leading industrial biotechnology company, completed the acquisition of Swiss biotech firm Evolva AG through its subsidiary, Danstar Ferment AG. Announced on November 21, 2023, and approved by Evolva Holding AG shareholders, this acquisition represents a significant milestone for Lallemand, enabling it to leverage synergies and expand its organic yeast product offerings.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Application (Food, Beverage, Nutrition, Feed) Type (Yeast extracts, Yeast derivatives, Inactive dry yeast, Nutritional yeast) Geography (Europe, APAC, North America, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Organic Yeast Market Research Report
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The Organic Yeast Market encompasses the production and supply of organic yeast used in the creation of various organic bakery products. This includes organic flakes and powders, which offer nutritional benefits and natural flavor, contrasting conventional yeast's reliance on synthetic chemicals. Nutritionists endorse organic yeast for its health advantages, such as nucleic acid content, and its use in healthy food items like bread, cookies, cakes, and pastries. Brewer’s yeast and inactive dried yeast are popular forms. Organic yeast production involves biomass production and sustainable components, reducing production costs. The bakery industry utilizes organic yeast for clean-label goods, enhancing texture and flavor in ready-to-eat and baked goods. Organic yeast's health effects extend to food ingredients, such as sauces and condiments, and single-cell protein production. Molasses is a common organic substrate for organic yeast cultivation. The market caters to various food products and private label brands, accommodating diverse fitness levels and consumer preferences.
The organic yeast market caters to various sectors, including bakery, confectionery, and brewing industries. Organic yeast offers numerous benefits, such as enhancing the taste and texture of baked goods like cakes, croissants, pizza, and sourdough. For professional bakers, organic yeast is a preferred choice due to its superior performance and consistency. Organic yeast alternatives, such as sourdough starter and bacteria cultures, are also gaining popularity. Brewers yeast is another significant application of organic yeast in the food and beverage industry. In the context of the global packaged foods and meats market, the health benefits of organic yeast align with the trend towards minimally processed foods. Organic yeast liquid and flakes are increasingly being adopted for their nutritional value, contributing to the growth of this market segment. Despite these opportunities, yeast-free baking remains an alternative option for specific consumer groups. The organic yeast market is expected to witness significant growth due to the increasing demand for healthier and more natural food options.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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