Instant Dry Yeast Market

Instant Dry Yeast Market - Global Industry Insights,
Trends, Outlook, and Opportunity Analysis,
2018-2026
Yeast is described as a fungus that is obtained from the by-product of sugarcane,
known as molasses. Instant dry yeast entered the market post the introduction of
active dry yeast. These two categories of yeast majorly differs in texture, as instant
dry yeast has a fine powdered texture dissimilar to the granular structure of active
dry yeast. Instant dry yeast can be directly mixed with dry ingredients and can also
be mixed with water. Further, instant dry yeast has also a faster activity rate when
compared with active dry yeast.
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The major drivers for propelling the growth of the instant dry yeast market include its
wide range of application across the pharmaceutical and food and beverage
industry. Further, the high demand for instant dry yeast is also attributed to its wide
contribution in the process of making biofuels from agricultural food waste. In
addition, low production cost of instant dry yeast is another key factor fuelling the
demand for the same at the global level.
Instant dry yeast finds wide application in the food and beverage industry. Wine,
beer and bread are some of the common products for instant dry yeast.. High
consumption of wine in countries such as U.S., France, Italy, Germany, China and
U.K. among others. According to International Organization of Vine and Wine (OIV),
these countries recorded wine consumption of more than 126 million hectoliters of
wine in 2015. Further, Czech Republic, Austria, and Germany are the major markets
for beer. These countries are highly responsible for the rapid growth of the yeast
market.
Instant Dry Yeast Market Outlook
Europe is the market leader instant dry yeast and is anticipated to maintain its
supremacy throughout the forecast period. France, Italy, Germany, U.K. and Spain
are the frontrunners for this market owing to the high consumption of wine. Further,
Czech Republic, Austria, Germany are the leading countries in terms of beer.
Further, Estonia is the world leader in terms of alcohol consumption. Kali, which is a
beverage made from fermented bread is a popular drink in Estonia. These factors
are likely to support the growth of the instant dry yeast market in Europe throughout
the forecast period.
Asia Pacific is anticipated to project the fastest growth rate during the forecast
period. The bread industry in Asia Pacific is a highly lucrative industry and its growth
rate has surpassed that of Europe. This is mainly attributed to the hectic schedules
among the working population, rising purchasing power of the consumers, and rapid
urbanization which has led to the significant growth in demand for on the go
breakfast products, which in turn has led to the growth in demand for instant dry
yeast. Further, the demand for alcoholic beverages such as wine and beer is also on
the rise in Asia Pacific, with major demand coming from India, China and Japan
among others.These factors are highly responsible for the growth of the instant dry
yeast market in Asia Pacific.
North America is expected to record a substantial growth in demand for instant dry
yeast during the forecast period. .The major driver for the growth of this market
includes extensive usage of biofuels such as bio-ethanol. According to the
Renewable Fuels Association, U.S. exported 95.5 million gallons of bio-ethanol in
April, 2016. Further, high consumption of alcoholic beverages is also contributing to
the growth of this market.
The major players operating in the field of instant dry yeast market include
Asmussen Gmbh, AB Mauri Food, Angel Yeast Company, Fleischmann’s Company,
Hagold Hefe Gmbh, Lallemand Inc, Fleischmann’s Yeast, ACH Food Companies
and various others.
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Instant Dry Yeast Market report categorizes global market by Product (High-Sugar Instant Dry Yeast and Low-Sugar Instant Dry Yeast), and By End-Use Industry (Pharmaceuticals, Food & Beverages, Feed and Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-26