The global yeast market size is on a trajectory of significant expansion, projected to reach USD 8.5 billion by 2029 from the 2024 valuation of USD 5.5 billion, displaying a promising CAGR of 8.9%.
What specific factors in emerging economies contribute to the surge in demand for yeast in the bakery industry?
Driven by factors like urbanization and evolving consumer preferences, the bakery industry has witnessed significant global growth, particularly in emerging economies. This expansion has fueled a surge in demand for yeast, a crucial ingredient for bread-making. Yeast acts as the leavening agent, responsible for the fermentation process that gives bread its characteristic texture. In emerging economies, the rising preference for convenient and affordable food options, including packaged bread and pastries, has further boosted the demand for yeast.
Make an Inquiry to Address your Specific Business Needs: https://www.marketsandmarkets.....com/Enquiry_Before_B
