The global yeast market is experiencing a rise like never before. Beyond its traditional role in baking and brewing, yeast is branching into innovative domains. Its application in biotechnology, like pharmaceuticals and biofuels, is propelling growth. Yeast’s natural ability to ferment and produce high-value compounds is making it a sought-after tool in sustainable industries. The rise of …
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Yeast Market Sees Modest Growth, Estimated at US$ 3.83 Billion in 2023, Aiming for a 4.6% CAGR Surge to Reach US$ 5.98 Billion by 2033
The yeast market is likely to hold a valuation of US$ 5.98 Billion by 2033. As of 2023, the market value is US$ 3.83 Billion. As the demand for yeast in various industries foresees growth, the yeast market is expected to grow by 4.6% from 2023 to 2033. Yeast has been used in traditional home cooking and …