COVID-19 Impact analysis

• The consumers are shifting towards being health conscious and are looking for good and healthier foods and nutrients and organic dry yeast accounts for one of them. So, the increase in the demand during COVID-19 can be witnessed.
• In the short term, the market demand will show Superior growth due to the increase in infections and reduced economic activity.
• However, the fact cannot be ignored that the spread of COVID-19 led to the lockdowns and supply chain disruptions and created problems in supply of the products. 

Top Impacting Factors

• With the increase in awareness among consumers about the benefits of organic food products, the retail sales of organic food products have increased. 
• The growing demand for the organic bakery is to substantially boost the organic yeast market. This trend is driven by the belief that the organic products are safer and good for health and are less likely to cause health related issues such as food poisoning. 
• There are regulatory bodies, such as the United States Department of Agriculture (USDA) and European Economic Community Council, which have laid down stringent regulations for the production, labeling, and marketing of organic products. The regulatory bodies in various regions differ and the rules pertaining to each region might vary slightly. Thus, it can hamper the growth.

Market Trends

Increase in demand for organic bakery 

The steady rise in demand for gourmet, specialty bread and rise in consumption of convenience food products especially in Asia, have driven the sales of bread and bakery products, which further drives demand for organic dry yeast in the bread and bakery product application. In addition, a switch in preference for ready-to-cook food items rather than traditional food items is expected to further boost the growth of the market for organic dry yeast in the coming years.

Packaged baked products, including cake, are predicted to show substantial demand in the coming years, owing to the increasing preference for eating packed cakes as snacks, primarily among children all over the world.

Rise in demand for clean label products and health assurances  

Rising demand for clean label products and increasing need for transparency in food products production has resulted in the organic food ingredients to gain traction. Innovations and the development of new products are increasingly seen in the categories of indulgence, such as cakes, pastries and cookies. The demand for packaged foods, combined with rising attention of health-conscious products, significantly propels the growth of the market for organic dry yeast.

Several health assurances connected with bakery products, such as 'clean,' 'no preservatives,' and 'low allergen,' etc., have attracted higher sales as the new population is highly health-conscious and thus seem to determine the purchasing scenario of bakery products on the market for organic dry yeast.

Key Benefits of the Report

• This study presents the analytical depiction of the Organic Dry Yeast industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Organic Dry Yeast market share.
• The current market is quantitatively analyzed from 2020 to 2028 to highlight the Organic Dry Yeast market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed Organic Dry Yeast market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

• Who are the leading market players active in the Organic Dry Yeast market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?
• What is " Organic Dry Yeast " Market prediction in the future?
• Which will be the niches at which players profiling with recent advancements should set a presence?
• What are the driving factors and opportunities in the market?
• What are the current trends and predicted trends?
• What are the challenges faced in the " Organic Dry Yeast " Market?