The global market for Yeast was valued at US$7.0 Billion in 2024 and is projected to reach US$12.0 Billion by 2030, growing at a CAGR of 9.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The yeast market has seen substantial growth due to its wide array of applications across various industries. Yeast is a critical component in the food and beverage sector, primarily used in baking and brewing processes. Its ability to ferment sugars into alcohol and carbon dioxide is essential for bread making and beer production. Additionally, yeast plays a vital role in the production of bioethanol, an important renewable energy source. The versatility of yeast extends to the pharmaceutical and biotechnology industries, where it is used in the production of antibiotics, vaccines, and other bioactive compounds. The growing demand for natural and organic food products has also spurred interest in yeast-based ingredients, as consumers seek healthier and more sustainable food options.
Recent advancements in yeast biotechnology have significantly expanded its potential uses. Innovations in genetic engineering have enabled the development of yeast strains with enhanced capabilities, such as improved fermentation efficiency and stress tolerance. These advancements have opened new opportunities in industrial biotechnology, including the production of high-value chemicals and biofuels. Moreover, the development of yeast-based bioplastics and other sustainable materials aligns with the global push towards reducing environmental impact and promoting sustainability. The use of yeast in animal feed as a probiotic and nutritional supplement is another growing trend, driven by the increasing focus on animal health and productivity in the agricultural sector.
The growth in the yeast market is driven by several factors. A major driver is the rising demand for convenience foods and beverages, which has led to increased yeast utilization in baking and brewing industries. The growing bioethanol industry, driven by the need for alternative energy sources, has also significantly contributed to the market expansion. Furthermore, advancements in genetic engineering have facilitated the development of superior yeast strains, enhancing their industrial applications and efficiency. The increasing consumer preference for natural and organic products boosts the demand for yeast-based ingredients. Additionally, the rising awareness of animal nutrition and health supports the growth of yeast products in the animal feed industry. The collective impact of these factors ensures a dynamic and expanding market for yeast in the foreseeable future.
The yeast market has seen substantial growth due to its wide array of applications across various industries. Yeast is a critical component in the food and beverage sector, primarily used in baking and brewing processes. Its ability to ferment sugars into alcohol and carbon dioxide is essential for bread making and beer production. Additionally, yeast plays a vital role in the production of bioethanol, an important renewable energy source. The versatility of yeast extends to the pharmaceutical and biotechnology industries, where it is used in the production of antibiotics, vaccines, and other bioactive compounds. The growing demand for natural and organic food products has also spurred interest in yeast-based ingredients, as consumers seek healthier and more sustainable food options.
Recent advancements in yeast biotechnology have significantly expanded its potential uses. Innovations in genetic engineering have enabled the development of yeast strains with enhanced capabilities, such as improved fermentation efficiency and stress tolerance. These advancements have opened new opportunities in industrial biotechnology, including the production of high-value chemicals and biofuels. Moreover, the development of yeast-based bioplastics and other sustainable materials aligns with the global push towards reducing environmental impact and promoting sustainability. The use of yeast in animal feed as a probiotic and nutritional supplement is another growing trend, driven by the increasing focus on animal health and productivity in the agricultural sector.
The growth in the yeast market is driven by several factors. A major driver is the rising demand for convenience foods and beverages, which has led to increased yeast utilization in baking and brewing industries. The growing bioethanol industry, driven by the need for alternative energy sources, has also significantly contributed to the market expansion. Furthermore, advancements in genetic engineering have facilitated the development of superior yeast strains, enhancing their industrial applications and efficiency. The increasing consumer preference for natural and organic products boosts the demand for yeast-based ingredients. Additionally, the rising awareness of animal nutrition and health supports the growth of yeast products in the animal feed industry. The collective impact of these factors ensures a dynamic and expanding market for yeast in the foreseeable future.
Scope of the Study
The report analyzes the Yeast market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Type (Baker’s Yeast, Brewer’s Yeast, Probiotics Yeast, Wine Yeast, Other Types); Form (Fresh, Active, Instant); End-Use (Food & Beverages, Feed, Other End-Uses).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Baker’s Yeast segment, which is expected to reach US$5.3 Billion by 2030 with a CAGR of a 10.6%. The Brewer’s Yeast segment is also set to grow at 9.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $1.8 Billion in 2024, and China, forecasted to grow at an impressive 12.6% CAGR to reach $1.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alltech, Inc., Angel Yeast Co., Ltd., Associated British Foods plc, Chr. Hansen A/S, Imperial Yeast and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Yeast Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Yeast Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Yeast Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 111 major companies featured in this Yeast market report include:
- Alltech, Inc.
- Angel Yeast Co., Ltd.
- Associated British Foods plc
- Chr. Hansen A/S
- Imperial Yeast
- Kerry Group Plc
- Laffort SA
- Lallemand, Inc.
- Leiber GmbH
- Lesaffre Group
- Novus International, Inc.
- Oriental Yeast Co., Ltd.
- Royal DSM N.V.
- Synergy Flavours Ltd
- UNIFERM GmbH & Co. KG
- Zeus IBA SRL
Table of Contents
I. METHODOLOGYMII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISARGENTINAAFRICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alltech, Inc.
- Angel Yeast Co., Ltd.
- Associated British Foods plc
- Chr. Hansen A/S
- Imperial Yeast
- Kerry Group Plc
- Laffort SA
- Lallemand, Inc.
- Leiber GmbH
- Lesaffre Group
- Novus International, Inc.
- Oriental Yeast Co., Ltd.
- Royal DSM N.V.
- Synergy Flavours Ltd
- UNIFERM GmbH & Co. KG
- Zeus IBA SRL
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 587 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 7 Billion |
Forecasted Market Value ( USD | $ 12 Billion |
Compound Annual Growth Rate | 9.4% |
Regions Covered | Global |