YEAST INGREDIENTS MARKET challenges and opportunities

One of the major challenges currently being faced by companies operating in the market is the fluctuating prices of raw materials which have a significant impact on production costs. Yeast ingredients mainly comprise wheat, corn, barley, sugar beets, etc. which are agricultural commodities and their prices change frequently depending on seasonal harvests, demand and supply forces, shortage of crops, changes in government policies, etc. Any increase in prices of these raw materials directly increases the cost of production for yeast manufacturers. With thin profit margins in this market, fluctuating raw material costs make operations unpredictable and planning difficult. It also affects the pricing strategies of companies.