Dry yeast is a type of yeast that is dehydrated and processed into small granules or flakes. It is used as a leavening agent in the production of bread, pastries, and other baked goods, as well as in the fermentation of alcoholic beverages. Dry yeast is a more convenient and stable alternative to fresh yeast, which is highly perishable and has a shorter shelf life. Dry yeast can be stored at room temperature for an extended period without losing its effectiveness.
Industrial Uses of Dry Yeast
Ø Biofuel Production: Yeast, including dry yeast, can be used in the production of biofuels. Yeast ferments sugars to produce ethanol, a type of alcohol that can be used as fuel.
Ø Biotechnology: Yeast is often used in scientific research and the biotechnology industry. It's a model organism in genetics and molecular biology. Genetically modified yeast can produce useful substances, such as human insulin and other medicines.
Ø Animal Feed: Yeast can improve the quality of animal feed and boost the growth of animals. It's used as a protein source and to improve digestibility in the feed.
Ø Waste Treatment: Some industries use yeast for biological waste treatment. The yeast is used to consume organic waste materials and break them down into less harmful substances.
Ø Production of CO2: In some industries, yeast is used to generate CO2 which is then collected and used for other industrial processes like in beverage carbonation.
Global Market Outlook
The global yeast market was valued at $4 billion in 2021 and is projected to reach $7.5 billion by the end of 2028. The market is likely to grow with a high CAGR of 10% during the forecast period. It is widely used in the process of baking and fermenting, thereby enhancing the value of the nutritional property and flavoring foods. Yeast is the natural nutrient used in the food processing sector as one of the primary food ingredients. Fermentation refers to the process where yeast converts food into carbon dioxide and alcohol. As a result, yeast has emerged as an essential ingredient in the production of beer and wine.
Indian Market Outlook
India has a rich history of baking and alcohol production, with a variety of regional delicacies and beverages that require the use of yeast. With the increasing demand for bakery products and alcoholic beverages, the use of dry yeast has also witnessed a significant rise in recent years. The Indian market for dry yeast is expected to grow at a considerable rate in the coming years due to the increased consumption of baked goods and alcoholic beverages.
One of the key factors driving the growth of the Indian dry yeast market is the growing population and urbanization. The increasing number of working professionals, busy lifestyles, and changing food habits have lest in bakery and alcohol production looks promising. With the growing demand for baked goods and alcoholic beverages, coupled with the convenience and cost-effectiveness of dry yeast, the market is poised for growth in the coming years to an increased demand for ready-to-eat and convenience food items, such as bread, cakes, pastries, and pizza. Dry yeast provides a cost-effective and convenient option for bakers to produce high-quality bakery products consistently.
Conclusion
Dry yeast is an essential ingredient in the bakery and alcohol industries. It is widely used due to its several advantages such as ease of use, long shelf life, and consistent performance. So, the market for dry yeast is look bright, with the bakery industry projected to experience significant growth in the coming years. Additionally, the Indian alcohol industry is rapidly growing, with increasing demand for craft beers, wines, and spirits.
Key Players
· Pakmaya
· Agencias Levapan
· ICC Brazil
· Pacific Fermentation Industries
· Food Chem International
· Halcyon Proteins Pvt. Ltd.
· Sensient Technologies Corporation
· Chr. Hansen Holdings A/S
· Angel Yeast Co., Ltd.
· Associated British Foods PLC.
