According to Future Market Insights, theInstant Dry Yeast marketwill expand at 7.0% CAGR from 2020-2030.
Growth is underpinned by rising awareness about the importance of nutrition-enhanced animal foods. As pet ownership rises, consumers are looking for healthier food options. Instant Dry Yeast helps achieve this objective. They assist in improving digestion and reduce the risk of diseases.
More recently, veganism has dictated dietary preferences, owing to growing environmental degradation concerns posed due to production of animal-based foods. Additionally, vegan feeds are richer in nutritional content and improve feed quality. This shifting consumer trend is compelling manufacturers to incorporate Instant Dry Yeast in animal feed production.
Palatability is an important factor while selecting animal feeds. Instant Dry Yeast helps in this regard by imparting an umami taste, thereby indulging the sensory experience of animals. Based on these trend, the Instant Dry Yeast market will experience a major uptick across the aforementioned forecast period.
Surging popularity of yeast-derived products is compelling manufacturing to diversify existing portfolios by introducing new products in collaboration with other players and expansion of their production capabilities, says an FMI analyst.
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Key Takeaways from FMIs Instant Dry Yeast Market Report
Instant Dry Yeast Market- Key Trends
Instant Dry Yeast Market- Regional-wise Analysis
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Instant Dry Yeast Market- Competitive Landscape
Prominent players in the Instant Dry Yeast market include Bellarise, SAF Instant Yeast, ADY, Kerry Group, ADM, Sensient Technologies Corporation, Associated British Foods, Red Star Active Instant Dry Yeast and Titan Biotech Ltd., to name a few. These players are concentrating on introducing new products to enhance their product portfolio.
Titan Biotech, for instance, manufactures the Yeast Extract Powder Type 1 for usage in non-alcohol based foodstuffs. Likewise, ADM Animal Nutrition introduced yeast protein for animals in 2018. Recently, in 2020, it also launched the NutriPass L encapsulated lysine supplement for bovine animals, especially for lactating cows and growing cattle.
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Instant Dry Yeast Market Taxonomy
Product Type
Form
Base
Nature
Sales Channel
Region/Country
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East&Africa
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Get Valuable Insights into the Instant Dry Yeast Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global Instant Dry Yeast Market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the Instant Dry Yeast market, allowing readers to glean qualitative and quantitative information which will enable them to take informed market decisions in the upcoming forecast period.
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Instant Dry Yeast Market Revenue to Decline During Coronavirus Disruption, Stakeholders to Realign Their Growth Strategies - The Think Curiouser
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