The Bioethanol Yeast Global Market Report 2023, provides comprehensive information on the bioethanol yeast market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Bioethanol Yeast Global Market Report 2023, the global bioethanol yeast market size is expected to grow from $15.79 billion in 2022 to $17.92 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bioethanol yeast market size is expected to reach $29.02 billion in 2027 at a CAGR of 12.8%.
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Product innovations are gaining popularity as a key trend in the bioethanol yeast market. Major companies operating in the market are focused on research and development for product innovations to sustain their position in the market. For Instance, In October 2021, Novozymes A/S, a Denmark-based biotechnology company, launched Innova Quantum, a complete fermentation solution. Innova Quantum is a robust new yeast solution. Innova Quantum is a full fermentation solution made up of cutting-edge yeast and excellent, custom-made enzyme solutions. It has advantages over other varieties of yeast, including a 2-3% increase in ethanol yield and a reduced requirement for yeast nutritional supplements. Additionally, it is capable of providing 60 hours or more fermentation times for ethanol plants achieving higher ethanol yields and processing efficiencies.
The bioethanol yeast market is segmented:
1) By Type: Yeast Extract, Autolyzed Yeast
2) By Genus: Saccharomyces, Kluyveromyces
3) By Form: Active, Instant, Fresh
4) By Application: Food, Animal Feed, Biofuel, Cleaning and Disinfection, Other Applications
Europe was the largest region in the bioethanol yeast market in 2022.
The table of contents in TBRC’s bioethanol yeast market report includes:
- Executive Summary
- Bioethanol Yeast Market Characteristics
- Bioethanol Yeast Market Trends And Strategies
- Bioethanol Yeast Market – Macro Economic Scenario
- Bioethanol Yeast Market Size And Growth
.
- Bioethanol Yeast Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Bioethanol Yeast Market
- Bioethanol Yeast Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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