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The market for processed foods is a segment which has been on a trajectory of growth for a long time due to various changes in the human environment which have favored the cause. The global yeast industry is the second-largest segment within the fermentation industry. Most of the yeast products are not very expensive as most of them are made from industrial by-products. However, with many better substitutes such as beef extracts, the market for yeast products faces stiff competition and is restrained in growing at a higher rate.
Yeasts and yeast extracts are used both for industrial as well as commercial purposes. Many forms of yeast are available in the market which is used in baking and as a flavoring agent. They are used in making alcoholic and non-alcoholic beverages as a natural catalyst to the fermentation process. They are also used in the production of probiotics, bioremediation, industrial ethanol, and nutritional supplements etc.
Yeast and yeast extracts manufacturers are located across the globe, comprising of both SMEs as well as large scale biotech firms. Some of these manufactures include Lesaffre, Fraken Biochem Co. Ltd., ABF Ingredients, Lallemand, AB Mauri, AHD International, Gallard-Schlesinger Ind., Specialty Biotech Co. Ltd., Hagold Hefe, Deutsche Hefewerke, and Bio Springer.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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