Global Bioethanol Yeast Market
Dublin, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The "Bioethanol Yeast Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
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%.
Key Market Players
Prominent entities in the bioethanol yeast market include:
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Associated British Foods PLC.
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Novozymes A/S
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AB Mauri
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Lallemand Inc.
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Cargill Incorporated
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Koninklijke DSM N.V
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Foodchem International Corporation
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Omega Yeast Labs LLC
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Biorigin
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Lesaffre
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Chr. Hansen A/S
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Alto Ingredients
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Leiber GmbH
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Green Plains Inc.
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POET LLC
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Oriental Yeast Co Ltd.
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Alltech
Reasons to Choose This Report
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Gain an expansive global perspective, spanning over 50 geographies.
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Understand COVID-19's impact and the market's response as conditions improve.
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Assess the implications of the Russia-Ukraine conflict on agriculture, energy, minerals, and the market's overall dynamics.
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Evaluate how heightened global inflation influences market growth.
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Formulate region-specific strategies backed by local insights and analysis.
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Identify promising growth segments for strategic investments.
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Harness predictive data and market trends to outperform competitors.
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Leverage the latest market shares for customer insights.
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Measure your performance against industry rivals.
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Enhance your presentations with high-quality data and analysis.
Insights into Bioethanol Yeast
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Bioethanol yeast represents a specialized yeast type producing ethanol through fermentation.
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Its applications encompass bread, beer, and wine production.
Emerging Trend: Product Innovations
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The bioethanol yeast market experiences a growing trend in product innovations.
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Leading companies prioritize research and development for continuous product enhancement.
Regional Dynamics: Europe Leads the Way
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Europe commands the largest market share in 2022.
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Asia-Pacific is forecasted to exhibit the fastest growth within the projected period.
Catalyst for Growth: Rise in Bakery Product and Alcoholic Beverage Consumption
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Increasing consumption of bakery goods and alcoholic beverages fuels market expansion.
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Bioethanol yeast contributes to the preparation of bakery products and alcoholic beverages.
Market Segmentation and Landscape
Market Segmentation:
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Type:
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Yeast Extract
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Autolyzed Yeast
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Applications:
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Food
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Animal Feed
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Biofuel
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Cleaning and Disinfection
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Others
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