Yeast Market Share
Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Asia Pacific is the region which has the largest yeast market share including both feed yeast and yeast extract which includes processed foods, savory products, and snacks. This is due to a number of factors, such as, a large population, rising meat consumption, and a growing demand for processed foods.
Europe is attributed to have the fastest growing yeast market. This is due to this region’s, well-established baking and brewing industries, growing demand for processed foods, plant-based food alternatives, and natural ingredients, and the growing awareness of health benefits of bakery products.