Market Outlook
The global yeast-based spreads market has witnessed significant growth in the recent past, owing to the increased depression, stress, and anxiety levels in the urban cities. This factor is expected to boost the demand for yeast-based spread products such as Vegemite, Marmite, etc. across the world.
Moreover, the rising demand for alcohol across the world is responsible for the growing brewing industry. According to, the National Beer Wholesalers Association (NBWA), the U.S. beer sector sells beer that worth more than US$ 119.3 billion each year. Moreover, the growth of the brewing industry has led to an increase in the leftover mass of brewer’s yeast which is used for manufacturing the yeast-based spreads. This is in turn is increasing the production capacity of yeast-based spreads products in the market.
On the basis product type, the yeast-based spreads market is segmented into organic and conventional yeast-based spreads. Among these, the organic yeast-based spread segment is expected to witness significant growth in the coming years due to increasing awareness among the populace regarding healthy and organic food products.
Yeast-Based Spreads Market Report Snapshots
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