The "Bioethanol Yeast Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering. Rising bakery product and alcoholic beverage consumption fuel global bioethanol yeast market growth.
The global bioethanol yeast market is poised for substantial growth, transitioning from $15.79 billion in 2022 to an estimated $17.92 billion in 2023.
This impressive expansion reflects a Compound Annual Growth Rate (CAGR) of 13.5%. Looking ahead, the market is expected to maintain a positive trajectory, reaching a valuation of $29.02 billion by 2027 and maintaining a CAGR of 12.8%.
According to ResearchAndMarkets, increasing consumption of bakery products and alcoholic beverages is driving the market growth. Bioethanol yeast contributes to the production of bakery products and alcoholic beverages.
Prominent entities in the bioethanol yeast market include:
“Associated British Foods PLC.
Novozymes A/S
AB Mauri
Lallemand Inc.
Cargill Incorporated
Koninklijke DSM N.V
Foodchem International Corporation
Omega Yeast Labs LLC
Biorigin
Lesaffre
Chr. Hansen A/S
Alto Ingredients
Leiber GmbH
Green Plains Inc.
POET LLC
Oriental Yeast Co Ltd.
Alltech”