Market Forecast: The Future of Specialty Yeast through 2027
The global specialty yeast market size is projected to reach USD 4.6 billion by 2027.According to MarketsandMarkets analysis, the global specialty yeast market is estimated to be valued at USD 3.2 billion in 2022. It is projected to reach USD 4.6 billion by 2027, with a CAGR of 7.0%, in terms of value between 2022 and 2027. The reasons that are driving the growth of the specialty yeast market are...
Specialty Yeast Market is Expected to Grow $4.6 billion by 2027
The specialty yeast market is estimated to reach a whopping USD 4.6 billion by 2027, with a CAGR of 7.0% between 2022 and 2027, as per MarketsandMarkets analysis. The demand for specialty yeast products is rising significantly in various industries, including food, beverage, feed, healthcare, biotechnology, and cosmetics. These products enhance the nutritional value...
Increasing research & development for innovation is driving the Specialty Yeast Market
Yeasts are microorganisms belonging to the fungi kingdom; they are widely used in the production of food & beverages as well as biofuel as a source of nutrients. Specialty yeast products originate in natural food yeast, which is used for enhancing the nutritional and taste contributing properties of food products. Specialty yeast is used for applications such as food, beverages, feed, pharmaceuticals,...