YICHANG,
Guided by the latest customer insights and driven by its goal to offer healthy and sustainable yeast products for global customers,
According to the study, the rapid growth of the yeast market is propelled by the roles of yeast in food and beverage products as a flavor enhancer and nutritional booster. The use of yeast in new product development has increased across all regions between 2018 and 2022.
Today, fresh bread is the daily staple of more than a third of consumers worldwide, and 63% of people consume biscuits at least once a week, with 50% eating cake at least once a week. In 2022, bread accounted for 53% of all new baked goods containing yeast, with
Artisan bread, particularly sourdough, is becoming increasingly popular in
Finally, as the market for plant-based and flavored foods continues to grow, the versatility of yeast as a natural ingredient will be crucial to developing novel products, and it is expected that yeast proteins and yeast extracts will gain more traction as flavor enhancers for food. In the coming years, plant-based foods will remain the primary focus, with more sophisticated techniques emerging to produce meat and dairy alternatives with richer textures and tastes. All of these point to the need for to company need to place a stronger emphasis on its innovation ability, which is the key to manufacturers to capture a greater share of customer base.
Aligning its business strategy with the latest industry trends and advancements,
Aiming to improve the penetration rate of its products in the downstream markets, including fermented pasta, baked food, condiments, alcoholic beverages, supplements, and cosmetics, Angel is investing in the development of 20 in-house R&D platforms dedicated to yeast resource development, yeast fermentation, nutrition, flavoring and other application technologies and biosynthesis technology. The company will also continue collaborating with global universities and research institutions, joining forces with top-notch scientists and industry experts to discover new technological solutions to accelerate industry innovation.
"Angel's business success is not only built on its technological expertise, but also its robust ability to capture market trends that enables us to stay in tune with the needs of global customers. We conduct in-depth research to target market demands, which allows us to identify growth opportunities as we seek innovation to drive our business forward and stay ahead of the competition. With our new strategy, we will continue to expand our global footprint by strengthening cooperation with our partners, leveraging our leadership in yeast manufacturing and global resources to tap into new customer groups," said
About
Founded in 1986,
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