Organic Yeast Market
The GMI Research report asserts that the Organic Yeast Market is likely to witness a sturdy boom with a surge of 10.5% over the forecast period. This is because of the augmenting consciousness among consumers about health and fitness and the rising demand for natural food items.
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Organic Yeast Market Dynamics
The increasing application of organic yeast in food additives, medicine, and brewing is anticipated to proliferate the growth of the global organic yeast market. Also, the surging demand for natural food items has elevated the market growth. The expansion in the food and beverage industry accompanied by the increasing consciousness among individuals about health and fitness has strengthened the market growth. Moreover, the National Organic Program, a constituent of the Agricultural Marketing Service (AMS) of USDA, is intended to preserve the coherence of natural products in the U.S. This is projected to expand the Organic Yeast Market size.
However, the inflating cost of organic yeast, majorly because of the costly agricultural production, processing, initial dispensation, and validation process, is likely to hinder the market growth.
Type Segment Drivers
Based on the type, the nutritional yeast segmented is anticipated to experience rapid growth over the forecast period. This is because it is a remarkable source of superior nutrients, protein, and vitamins that help decrease inflammation support the immune system, promote better hair, skin, and nails. In addition, nutritional yeast is gluten-free and dairy-free, which further encourages Organic Yeast market growth.
Regional Drivers
As per the Organic Yeast Market report, North America is projected to seize a substantial share in the organic yeast market over the forecast period. This is attributed to the growing demand for pesticide-free food products among consumers and the increasing drift of government towards the production of nutritious foods. In addition, in accordance with the Organic Trade Association, the supply for organic food products in the U.S. touched $50.1 Billion in 2019, with a surge of 4.6% over the previous year.
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