Global Instant Dry Yeast Market, By Product ,and End-Use Industry
Yeast is described as a fungus that is obtained from the by-product of sugarcane, known as molasses. Instant dry yeast entered the market post the introduction of active dry yeast. These two categories of yeast majorly differs in texture, as instant dry yeast has a fine powdered texture dissimilar to the granular structure of active dry yeast. Instant dry yeast can be directly mixed with dry ingredients and can also be mixed with water. Further, instant dry yeast has also a faster activity rate when compared with active dry yeast.
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The major drivers for propelling the growth of the instant dry yeast market include its wide range of application across the pharmaceutical and food and beverage industry. Further, the high demand for instant dry yeast is also attributed to its wide contribution in the process of making biofuels from agricultural food waste. In addition, low production cost of instant dry yeast is another key factor fuelling the demand for the same at the global level.
Instant dry yeast finds wide application in the food and beverage industry. Wine, beer and bread are some of the common products for instant dry yeast.. High consumption of wine in countries such as U.S., France, Italy, Germany, China and U.K. among others. According to International Organization of Vine and Wine (OIV), these countries recorded wine consumption of more than 126 million hectoliters of wine in 2015. Further, Czech Republic, Austria, and Germany are the major markets for beer. These countries are highly responsible for the rapid growth of the yeast market.
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The major players operating in the field of instant dry yeast market include Asmussen Gmbh, AB Mauri Food, Angel Yeast Company, Fleischmann’s Company, Hagold Hefe Gmbh, Lallemand Inc, Fleischmann’s Yeast, ACH Food Companies and various others.
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