Market Overview

The global instant yeast market size is projected to magnify substantially due to the demand for healthy and innovative bakery products. Excellent texture and taste of bakery products made from yeast to propel market growth. Fortune Business Insights™ mentions this information in its report titled “Instant Yeast Market, 2024-2032.”

Instant yeast can be easily incorporated into the dough with minimal processing. It enhances the taste, fluffiness, and texture of bread, cakes, and other bakery products. It is used in several multigrain bakery products due to the demand for healthy and innovative bakery products. It enhances the taste of bakery products, which, in turn, can boost its demand from the processed food sector. The popularity of healthy bakery products among the millennial population can boost its adoption of bakery products.

Further, it is more concentrated compared to active and fresh yeast and reduces the processing time of bakery products. The development of innovative yeast variants such as osmotolerant yeast can boost the product’s demand globally. In addition, the increasing investments in the research and development of new yeast variants can propel the market growth during the upcoming years.

Segments

List of Key Players Profiled in the Instant Yeast Market Report

  • Lesaffre Group
  • Associated British Foods Plc.
  • Lallemand, Inc.
  • Angel Yeast Co. Ltd.
  • Oriental Yeast Co. Ltd.
  • Kerry Group Plc.
  • Koninklijke DSM N.V.
  • Hansen Holdings A/S
  • Sensient Technologies Corporation
  • Leiber GmbH

By end-users, the market is segregated into households, the foodservice industry, and the bakery industry. Geographically, it is clubbed into Europe, North America, South America, Asia Pacific, and the Middle East & Africa.

Highlights of the Report

This report highlights the leading segments and the recent trends of the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19. Additionally, it examines the regional developments and the strategies devised by the prominent companies operating in the market.

Drivers and Restraints

Rising Demand for Ready-to-Eat Bakery Products to Facilitate Market Growth

The use of instant yeast in bakery and processed foods is rapidly growing due to its high quality. The rising popularity of pizzas, bread, biscuits, pastries, and cakes drives demand for this ingredient. Instant yeast allows manufacturers to cut processing costs and produce bakery items in larger quantities. Additionally, significant investment in research and development is leading to the creation of novel yeast products with improved shelf life and quality.

The trend towards convenient ready-to-eat foods is pushing manufacturers to incorporate instant yeast into various quick-bake products, such as muffins and bread. Instant yeast is also used in producing healthy options like multigrain and gluten-free breads, cakes, and pastries. These factors contribute to the growth of the instant yeast market.

However, the relatively short shelf life of instant yeast may pose a challenge to market expansion in the future.

Regional Insights

Growing Trend for Vegan and Organic Food Products to Fuel Market Growth in North America

North America is expected to dominate the instant yeast market share due to the rising adoption of veganism and organic food products. Additionally, investments in innovation, research, and development to provide innovative food processing products can enhance the market growth. Thus, this factor can boost the market growth.

In Asia Pacific, the demand for pastries, cookies, cakes, pizza, burgers, and other food products is increasing rapidly in India and China, which, in turn, can bolster the demand for instant yeast. Thus this factor can propel the market growth in the region.

Competitive Landscape

Prominent Companies to Launch Novel Products to Expand Product Portfolio

The prominent companies operating in the market launch novel products to expand their product portfolio. For example, Angel Yeast Co. Ltd. announced its finest baking instant yeast in October 2018. This product performs efficiently in heavy oil and cold water, which, in turn, enables the company to enhance its product quality and expand its product portfolio. Furthermore, the adoption of advanced production techniques enables companies to improve instant yeast’s shelf-life and attract significant demand. This strategy can enable companies to enhance their market position.

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