According to the report the global yeast market reached a value of USD 4.82 billion in 2022. Aided by the escalating demand for nutrient-rich food products and the expanding uses of yeast in a variety of industries, the market is projected to further grow at a CAGR of 4.48% between 2023 and 2028 to reach a value of USD 6.55 billion by 2028.
Yeast is a unicellular microorganism that is considered a critical ingredient in numerous products, including bread, wine, beer, and various fermented foods. It plays a vital role in food fermentation, contributing to flavour, aroma, and nutritional content of these products. Apart from its culinary applications, yeast possesses remarkable health benefits and has seen usage in dietary supplements, owing to its rich content of B vitamins, protein, and trace minerals.
The increasing consumer preference for nutrient-dense food products is stimulating the global yeast market growth. With the heightening awareness of the health benefits associated with yeast consumption, there has been a significant shift towards yeast-enriched diets, leading to a surge in demand for yeast-based products. Additionally, the growing interest in home baking and brewing has further boosted the popularity of yeast, as it is an essential ingredient for these activities.
The burgeoning applications of yeast in various industries also significantly contribute to the yeast market demand. In the pharmaceutical industry, yeast is used in the production of dietary supplements, owing to its rich nutritional profile. The cosmetic industry utilises yeast for its antioxidant properties and the ability to improve skin health, which are essential in the formulation of numerous skincare products. Moreover, yeast's capacity to produce ethanol makes it a key player in the biofuel industry.
Additionally, the increasing demand for plant-based proteins in the food and beverage industry has led to a greater focus on yeast as a sustainable source. With the rise of vegetarianism, veganism, and flexitarian diets, yeast has emerged as a critical component in the formulation of plant-based protein products, thereby enhancing the yeast market expansion.
Technological advancements in yeast production and processing also play a significant role in driving the yeast market growth. Innovations in yeast engineering, fermentation methods, and product formulation cater to an increasingly diverse range of applications, thereby opening new avenues for yeast market expansion.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Yeast is a unicellular microorganism that is considered a critical ingredient in numerous products, including bread, wine, beer, and various fermented foods. It plays a vital role in food fermentation, contributing to flavour, aroma, and nutritional content of these products. Apart from its culinary applications, yeast possesses remarkable health benefits and has seen usage in dietary supplements, owing to its rich content of B vitamins, protein, and trace minerals.
The increasing consumer preference for nutrient-dense food products is stimulating the global yeast market growth. With the heightening awareness of the health benefits associated with yeast consumption, there has been a significant shift towards yeast-enriched diets, leading to a surge in demand for yeast-based products. Additionally, the growing interest in home baking and brewing has further boosted the popularity of yeast, as it is an essential ingredient for these activities.
The burgeoning applications of yeast in various industries also significantly contribute to the yeast market demand. In the pharmaceutical industry, yeast is used in the production of dietary supplements, owing to its rich nutritional profile. The cosmetic industry utilises yeast for its antioxidant properties and the ability to improve skin health, which are essential in the formulation of numerous skincare products. Moreover, yeast's capacity to produce ethanol makes it a key player in the biofuel industry.
Additionally, the increasing demand for plant-based proteins in the food and beverage industry has led to a greater focus on yeast as a sustainable source. With the rise of vegetarianism, veganism, and flexitarian diets, yeast has emerged as a critical component in the formulation of plant-based protein products, thereby enhancing the yeast market expansion.
Technological advancements in yeast production and processing also play a significant role in driving the yeast market growth. Innovations in yeast engineering, fermentation methods, and product formulation cater to an increasingly diverse range of applications, thereby opening new avenues for yeast market expansion.
Market Segmentation
The market can be divided based on type, genus, form, application, and region.Market Breakup by Type
- Baker’s Yeast
- Brewer’s Yeast
- Probiotics Yeast
- Wine Yeast
- Others
Market Breakup by Genus
- Saccharomyces
- Kluyveromyces
- Others
Market Breakup by Form
- Dry Yeast
- Instant Yeast
- Fresh Yeast
- Others
Market Breakup by Application
Food
- Bakery
- Alcoholic Beverages
- Prepared Food
- Others
- Feed
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global mobile application companies. Some of the major key players explored in the report are as follows:- Associated British Foods Plc
- Lesaffre & CIE
- Angel Yeast Co., Ltd.
- Chr. Hansen Holding A/S
- Lallemand Inc
- Koninklijke DSM N.V
- Kerry Group Plc
- Leiber GmbH
- Sensient Technologies Corporation
- Halcyon Proteins Pty. Ltd.
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Yeast Market Analysis
8.1 Key Industry Highlights
8.2 Global Yeast Historical Market (2018-2022)
8.3 Global Yeast Market Forecast (2023-2028)
8.4 Global Yeast Market by Type
8.4.1 Baker’s Yeast
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Brewer’s Yeast
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Probiotics Yeast
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.4.4 Wine Yeast
8.4.4.1 Historical Trend (2018-2022)
8.4.4.2 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Yeast Market by Genus
8.5.1 Saccharomyces
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Kluyveromyces
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Yeast Market by Form
8.6.1 Dry Yeast
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Instant Yeast
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Fresh Yeast
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Yeast Market by Application
8.7.1 Food
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.1.3 Breakup by Type
8.7.1.3.1 Bakery
8.7.1.3.2 Alcoholic Beverages
8.7.1.3.3 Prepared Food
8.7.1.3.4 Others
8.7.2 Feed
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Others
8.8 Global Yeast Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2022)
8.8.1.2 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2022)
8.8.2.2 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2022)
8.8.3.2 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2022)
8.8.4.2 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2022)
8.8.5.2 Forecast Trend (2023-2028)
9 North America Yeast Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Yeast Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Yeast Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Yeast Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Yeast Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code- 210210)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Associated British Foods Plc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Lesaffre & CIE
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Angel Yeast Co., Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Chr. Hansen Holding A/S
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Lallemand Inc
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Koninklijke DSM N.V
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Kerry Group Plc
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Leiber GmbH
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Sensient Technologies Corporation,
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Halcyon Proteins Pty. Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
Companies Mentioned
- Associated British Foods Plc
- Lesaffre & CIE
- Angel Yeast Co., Ltd.
- Chr. Hansen Holding A/S
- Lallemand Inc
- Koninklijke DSM N.V
- Kerry Group Plc
- Leiber GmbH
- Sensient Technologies Corporation
- Halcyon Proteins Pty. Ltd.
Methodology
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