"Global Yeast Market – Industry Trends and Forecast to 2031
Global Yeast Market, By Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast, Others), Application (Food, Beverages, Bioethanol, Pharmaceuticals, Feed) – Industry Trends and Forecast to 2031
Global yeast market size was valued at USD 5.47 billion in 2023 and is projected to reach USD 10.66 billion by 2031, with a CAGR of 8.7% during the forecast period of 2024 to 2031.
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Yeasts are unicellular eukaryotic fungi that have a completely different mechanism than bacteria and other prokaryotic microorganisms. Yeast contains nearly all of the organelles found in a mature eukaryotic cell. The most important are the nucleus, golgiapparatus, mitochondria, endoplasmic reticulum, vacuole, and cytoskeleton. The particle size of yeast cells is typically 510m. Budding and, on rare occasions, fission are the primary modes of reproduction. Cell morphology, physiology, immunology, and molecular biology techniques can be used to identify and characterise yeast. Yeast's natural habitat may include soil, water, plants, animals, and insects, with plant tissues serving as a special habitat.
The global yeast market is experiencing significant growth primarily driven by the increasing demand for bakery products, alcoholic beverages, and animal feed applications. Yeast is a vital ingredient in the fermentation process, serving as a leavening agent in baking and playing a crucial role in the production of beer, wine, and spirits. As consumer preferences shift towards healthier and organic food choices, the demand for natural and clean label ingredients like yeast is on the rise. Additionally, the growth of the vegan and plant-based food industry is further propelling the market as yeast is often used as a flavor enhancer in these products. The market is also witnessing innovations in yeast strains and technology, leading to improved product quality and enhanced functionalities.
**Segments**
- **Type**:
- Baker's Yeast
- Brewer's Yeast
- Wine Yeast
- Feed Yeast
- Bioethanol Yeast
- **Form**:
- Dry Yeast
- Instant Yeast
- Fresh Yeast
- **Application**:
- Food
- Beverage
- Pharmaceutical
- Feed
- **Distribution Channel**:
- B2B
- B2C
- **Region**:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
**Market Players**
- Angel Yeast Co., Ltd.
- Associated British Foods plc
- Lallemand Inc.
- Lesaffre
- Koninklijke DSM N.V.
- Kerry Inc.
- Alltech
- Leiber GmbH
- Chr. Hansen Holding A/S
- Synergy Flavors
- Oriental Yeast Co., Ltd.
These key market players are actively involved in product innovations, strategic partnerships, and mergers to strengthen their market presence and expand their product portfolio. Collaborations with food and beverage manufacturers to develop customized yeast solutions are also prevalent in the market. Geographically, North AmericaThe global yeast market is witnessing significant growth and is expected to continue on this trajectory in the coming years. The increasing demand for bakery products, alcoholic beverages, and animal feed applications is a major driving factor for the market. Yeast plays a crucial role in the fermentation process, making it an essential ingredient in various industries. As consumer preferences trend towards healthier and organic choices, the demand for natural and clean label ingredients like yeast is rising steadily. The surge in the vegan and plant-based food industry is also boosting market growth as yeast is frequently used to enhance flavors in these products. Moreover, innovations in yeast strains and technology are leading to the development of high-quality products with improved functionalities, further propelling market expansion.
In terms of segmentation, the yeast market can be categorized based on type, form, application, distribution channel, and region. The different types of yeast include baker's yeast, brewer's yeast, wine yeast, feed yeast, and bioethanol yeast, each catering to specific industry needs. Yeast is available in various forms such as dry yeast, instant yeast, and fresh yeast, providing flexibility in usage across different applications. The applications of yeast span across food, beverage, pharmaceutical, and feed industries, showcasing the versatility of this ingredient. The distribution channels for yeast include both business-to-business (B2B) and business-to-consumer (B2C) models, ensuring widespread availability in the market. Geographically, the yeast market is segmented into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, each offering unique opportunities for market players.
Key market players in the yeast industry, such as Angel Yeast Co., Ltd., Associated British Foods plc, Lallemand Inc., Lesaffre, Koninklijke DSM N.V., Kerry Inc., Alltech, Leiber GmbH, Chr. Hansen Holding A/S, Synergy Flavors, and Oriental Yeast Co., Ltd., are actively engaging in product innovations and strategic partnerships**Global Yeast Market, By Type (Baker's Yeast, Brewer's Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast, Others), Application (Food, Beverages, Bioethanol, Pharmaceuticals, Feed) – Industry Trends and Forecast to 2031**
The global yeast market is poised for significant growth driven by the increasing demand for various products across industries. The different types of yeast cater to specific needs, with baker's yeast being crucial for leavening in baking, brewer's yeast for beer production, wine yeast for winemaking, bioethanol yeast for fuel production, and feed yeast for animal nutrition. The market offers yeast in versatile forms like fresh, active dry, and instant, providing flexibility in usage across different applications. Yeast finds applications in food, beverages, bioethanol, pharmaceuticals, and animal feed industries, showcasing its diverse utility. The distribution channels include both B2B and B2C models, ensuring widespread availability of yeast products in the market.
The yeast market is expected to witness continuous growth, fueled by factors such as the rising consumer preference for natural and clean label ingredients, the surge in the vegan and plant-based food industry, and ongoing innovations in yeast strains and technology. As consumers prioritize health and wellness, the demand for organic and healthier food choices is on the rise, contributing to the increased adoption of yeast in various
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Yeast Market
Chapter 3: Regional analysis of the Global Yeast Market industry
Chapter 4: Yeast Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Countries Studied:
- North America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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