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The global yeast market is on a trajectory of significant expansion, projected to reach USD 8.5 billion by 2029 from the 2024 valuation of USD 5.5 billion, displaying a promising CAGR of 8.9%.
The yeast industry encompasses the production, distribution, and consumption of various yeast products used across industries such as food and beverage, animal feed, pharmaceuticals, and biofuels. Yeast, a single-celled microorganism, is primarily utilized for its fermentation properties, which are crucial in processes like bread making, brewing, and wine production.
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