The Global Yeast Market was estimated to be worth US$ 4.68 billion in 2022, and it is anticipated that from 2023 to 2030, total revenue will increase by 9.60%, or almost US$ 8.90 billion.
Growing demand of the Bakery products, huge consumption of alcohol and food are main factors to driven market growth of yeast market in the worldwide. Increasing acceptance for bio-ethanol as an alternate fuel also within the bio-technology and pharmaceutical industry is anticipated to further compliment the market growth. High demand for ready-to-eat food items also as food is presumed to fuel the rapidly growing specialty yeast market.
Baker’s yeast, brewer’s yeast, wine yeasts, feed and bio-ethanol are major sorts of yeast consumed within the market. Bakery was a serious application segment for the yeast market, followed by other applications within the brewery & wine industry, animal feed industry, and bio-ethanol production. Increasing demand for specialty yeast products like yeast extracts, beat glucan yeast, and yeast autolysis is predicted to possess a positive impact on the worldwide market. Yeast extracts are the foremost consumed specialty yeast products because of their usage as flavouring agents within the food industry. Though currently small, specialty yeast market is touted to register high growth over the forecast period.
Growing awareness about the nutritional value of yeast and its subsequent health benefits happen as a chance for the market. Staple shortage is predicted to make supply-demand imbalances which could challenge the market growth.
Covid-19 Impact on Yeast Market:
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, safety, supply chain, training, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in beverage industry is facing a devastating effect of pandemic. 13% of the craft beer sector around the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused shut down of many small to medium food processing companies around the world.
Yeast Market Segment Overview
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Market Analysis, Insights and Forecast – By Type
· Baker’s yeast
· Brewer’s yeast
· Wine yeast
· Bioethanol yeast
· Feed yeast
· Others.
Market Analysis, Insights and Forecast – By Form
· Fresh yeast
· Active dry yeast
· Instant yeast
· Others
Market Analysis, Insights and Forecast – By Application
· Food
· Beverages
· Bioethanol
· Pharmaceuticals
· Feed
Yeast Market Regional Overview
Region-wise, in terms of regions, In 2019, the Europe region dominated Yeast Market in terms of revenue with a market share of three .6% owing towards increase within the disposable income and inception of weekend culture in most parts of the Europe and increasing demand for investment in R&D. the quantity of revenue generated through the sales of yogurt and sour milk products in Germany has increased by quite 2% within the past four years which presents exciting opportunities for the growth of yeast market. Government has taken initiatives to market technological advancements during this region and also, European countries have a culture of drinking wine with dinner are key factors within the growth of the Yeast market. North America is projected to record the fastest rate of growth during the forecast period 2020-2025.
Yeast Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Yeast Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Yeast are highlighted below.
· In January 2020, Lesaffre established the Baking Center of its subsidiary Lesaffre Ivoire in Abidjan. This centre is aimed towards new technological innovation for bread making solutions .Owing to the expansion has benefitted Lesaffre in attracting more customers to its portfolio increasing the revenue of the company.
Yeast Market, Key Players
· Angel Yeast Co.
· Lallemand Inc.
· Lesaffre Group
· Associated British Foods plc
· CHR Hansen group
· Alltech
· Leiber Group
· Levapan Group
· Oriental Yeast Co.
· Biomin.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Yeast Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Baker’s yeast
- 5.2.2. Brewer’s yeast
- 5.2.3. Wine yeast
- 5.2.4. Bioethanol yeast
- 5.2.5. Feed yeast
- 5.2.6. Others
- 5.3. Market Analysis, Insights and Forecast – By Form
- 5.3.1. Fresh yeast
- 5.3.2. Active dry yeast
- 5.3.3. Instant yeast
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Food
- 5.4.2. Beverages
- 5.4.3. Bioethanol
- 5.4.4. Pharmaceuticals
- 5.4.5. Feed
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Yeast Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Baker’s yeast
- 6.2.2. Brewer’s yeast
- 6.2.3. Wine yeast
- 6.2.4. Bioethanol yeast
- 6.2.5. Feed yeast
- 6.2.6. Others
- 6.3. Market Analysis, Insights and Forecast – By Form
- 6.3.1. Fresh yeast
- 6.3.2. Active dry yeast
- 6.3.3. Instant yeast
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Food
- 6.4.2. Beverages
- 6.4.3. Bioethanol
- 6.4.4. Pharmaceuticals
- 6.4.5. Feed
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Yeast Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Baker’s yeast
- 7.2.2. Brewer’s yeast
- 7.2.3. Wine yeast
- 7.2.4. Bioethanol yeast
- 7.2.5. Feed yeast
- 7.2.6. Others
- 7.3. Market Analysis, Insights and Forecast – By Form
- 7.3.1. Fresh yeast
- 7.3.2. Active dry yeast
- 7.3.3. Instant yeast
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Food
- 7.4.2. Beverages
- 7.4.3. Bioethanol
- 7.4.4. Pharmaceuticals
- 7.4.5. Feed
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Yeast Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Baker’s yeast
- 8.2.2. Brewer’s yeast
- 8.2.3. Wine yeast
- 8.2.4. Bioethanol yeast
- 8.2.5. Feed yeast
- 8.2.6. Others
- 8.3. Market Analysis, Insights and Forecast – By Form
- 8.3.1. Fresh yeast
- 8.3.2. Active dry yeast
- 8.3.3. Instant yeast
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Food
- 8.4.2. Beverages
- 8.4.3. Bioethanol
- 8.4.4. Pharmaceuticals
- 8.4.5. Feed
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Yeast Market Analysis (USD Billion), Insights and Forecast, 2023-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Baker’s yeast
- 9.2.2. Brewer’s yeast
- 9.2.3. Wine yeast
- 9.2.4. Bioethanol yeast
- 9.2.5. Feed yeast
- 9.2.6. Others
- 9.3. Market Analysis, Insights and Forecast – By Form
- 9.3.1. Fresh yeast
- 9.3.2. Active dry yeast
- 9.3.3. Instant yeast
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Food
- 9.4.2. Beverages
- 9.4.3. Bioethanol
- 9.4.4. Pharmaceuticals
- 9.4.5. Feed
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Angel Yeast Co.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Lallemand Inc.
- 10.6. Lesaffre Group
- 10.7. Associated British Foods plc
- 10.8. CHR Hansen group
- 10.9. Alltech
- 10.10. Leiber Group
- 10.11. Levapan Group
- 10.12. Oriental Yeast Co.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
