Yeast Market by Type, Form, Application - Global Forecast 2024-2030

List of Tables

[188 Pages Report] The Yeast Market size was estimated at USD 6.84 billion in 2023 and expected to reach USD 7.38 billion in 2024, at a CAGR 7.88% to reach USD 11.65 billion by 2030.

Yeasts are unicellular eukaryotic fungi with an organelle in a mature eukaryotic cell. Yeast is generally a fungus used in making beer and wine and for making bread to puff and lightweight. The continuous expansion of the food & beverage sector and the growing baking industry drive yeast usage worldwide. The presence of nutritional benefits in yeast-based is benefiting the market's growth. Stringent government regulations on using yeast and yeast products hamper the market growth. Increasing research & development activities to accelerate the usage of yeast by market vendors is anticipated to provide opportunities for the growth of the market. The ongoing efforts by market innovators to develop organic yeats owing to growing consumer inclination toward sustainability and veganism are expected to benefit the market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 6.84 billion
Estimated Year [2024]	USD 7.38 billion
Forecast Year [2030]	USD 11.65 billion
CAGR (%)	7.88%

Type: Rising demand for Baker's yeast in the baking sector for fermentation

Baker's yeast, primarily Saccharomyces cerevisiae, is indispensable in the baking sector for fermenting dough, which is vital for bread's rise and flavor enhancement. Bioethanol yeast encompasses specialized yeast strains, predominantly saccharomyces cerevisiae, optimized for bioethanol production, a sustainable fuel derived from the fermentation of sugar sources found in crops like corn and sugarcane. The energy sector benefits from Bioethanol Yeast, which ferments sugars into bioethanol, a sustainable fuel, thanks to strains selected for their high ethanol resistance. Brewer's Yeast, encompassing Saccharomyces cerevisiae and Saccharomyces pastorianus, is crucial in crafting beer, contributing to its alcohol content, carbonation, and nuanced flavors. Feed yeast enriches diets with proteins, vitamins, and minerals in animal nutrition, bolstering gut health and immune response among livestock and aquaculture. Wine yeast, particularly Saccharomyces cerevisiae strains, is fundamental in transforming grape sugars into alcohol, defining the wine's distinctive taste and aroma profile.

Application: Increasing utilization of yeast in the food industry

In animal nutrition, yeast enhances the quality of feed and increases the health and productivity of livestock by improving digestion, bolstering the immune system, and fostering a beneficial gut microbiome. The yeast derivatives, including yeast culture and cell walls, are prized for their pathogen-binding capabilities and promotion of beneficial microbial growth. Within the food sector, yeast's critical role extends beyond baking, contributing to the fermentation process in alcoholic beverages and serving as a natural additive in non-alcoholic products. The utility of yeast in enhancing flavors, textures, and nutritional values underscores its versatility. Yeast is a vital source of B-complex vitamins in health and life sciences, playing pivotal roles in pharmaceuticals, dietary supplements, and biotechnological research. Recombinant DNA technology aids in producing vaccines and therapeutic proteins, while its high beta-glucan content supports immune health and cholesterol management. In scientific studies, the utilization of yeast, particularly Saccharomyces cerevisiae, offers invaluable insights into cell biology and genetics, propelling advancements in medical research and drug development.

Regional Insights

The growing consumer inclination toward alcoholic beverages and bakery products is expanding the application of yeast across the Americas, Europe, and Asia-Pacific. The yeast market in the Americas is growing exponentially, with well-established market players and increasing investments to expand the production capabilities of yeast. An emerging number of start-ups focusing on developing yeast for biofuels, healthcare, and proteins is expected to create a platform for market growth in Europe. According to the research, in 2021, China was the top yeast-producing country globally, subsequently benefiting the development of the market in the Asia-Pacific. The increasing livestock population in India, and China, is expanding the demand for animal feed, subsequently expanding yeast usage in Asia-Pacific. The emergence of home baking and new cafes and restaurants focusing on serving various bakery products and alcoholic beverages is anticipated to boost market growth across Asia-Pacific and Europe.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Yeast Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Yeast Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Yeast Market, highlighting leading vendors and their innovative profiles. These include Agrano GmbH & Co. KG, Alltech, Inc., Angelyeast Co., Ltd., Antheia, Inc., Archer Daniels Midland Company, Associated British Foods PLC, AvantGen, Inc., Berkeley Yeast, BioInFood, Biorigin, BOSH MEDIA LTD., CB Therapeutics, Chr. Hansen Holding A/S, DuPont de Nemours, Inc., Foodchem International Corporation, ICC Brazil, Keliff's, Kerry Group PLC, Koninklijke DSM N.V., Kothari Fermentation & Biochem Ltd., LACHANCEA LLC, Lallemand Inc., Leiber GmbH, Lesaffre & CIE, Levapan S.A., Liaoning Joysun Group Co. , Ltd., Merck KGaA, Mitsubishi Corporation, Neogen Corporation, Nippon Paper Industries Co., Ltd., Nourish Ingredients Pty Ltd., Novozymes A/S, Oriental Yeast Co., Ltd., OYC EU B.V., Pacific Fermentation Ind. Ltd., Pakmaya by Pak GIda Uretim ve Pazarlama A.S., Renaissance, Sensient Technologies Corporation, Specialty Biotech Co.,Ltd., Synergy Flavors, Inc., Thai Foods International Co., Ltd., The EVERY Company, Thermo Fisher Scientific, Inc., Titan Biotech Limited, Transomic Technologies, Inc., UNIFERM GmbH & Co. KG, White Labs, and ZEUS IBA S.R.L..

Market Segmentation & Coverage

This research report categorizes the Yeast Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Baker's Yeast
- Bioethanol Yeast
- Brewer's Yeast
- Feed Yeast
- Wine Yeast

Form
- Flakes
- Liquid
- Powder

Application
- Feed
- Food
- Health & Life sciences

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Yeast Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Yeast Market?

3. What are the technology trends and regulatory frameworks in the Yeast Market?

4. What is the market share of the leading vendors in the Yeast Market?

5. Which modes and strategic moves are suitable for entering the Yeast Market?

Product Code: MRR-0315DDADCE40

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing demand for bakery and fermented food products in the food & beverage sector
  - 5.1.1.2. Rising private and public investments in bioethanol production as a fuel source
  - 5.1.1.3. Increase in nutritional benefits from yeast-based feed products
- 5.1.2. Restraints
  - 5.1.2.1. Rising raw material prices and risk of commercialization of low-quality products
- 5.1.3. Opportunities
  - 5.1.3.1. Research & development of new yeast strains and variants
  - 5.1.3.2. Emerging technologies in yeast genomics and antibodies research
- 5.1.4. Challenges
  - 5.1.4.1. Environmental impact of yeast production and regulatory hurdles
5.2. Market Segmentation Analysis
- 5.2.1. Type: Rising demand for Baker's yeast in the baking sector for fermentation
- 5.2.2. Application: Increasing utilization of yeast in the food industry
5.3. Market Trend Analysis
- 5.3.1. Potential production capabilities and strong native players escalate the yeast market in America region
- 5.3.2. Emerging biofuel production and rising fermented food consumption boost the Asia-Pacific yeast industry.
- 5.3.3. Emerging start-ups focusing on R&D activities to expand the application of yeast in EMEA
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Yeast Market, by Type

6.1. Introduction
6.2. Baker's Yeast
6.3. Bioethanol Yeast
6.4. Brewer's Yeast
6.5. Feed Yeast
6.6. Wine Yeast

7. Yeast Market, by Form

7.1. Introduction
7.2. Flakes
7.3. Liquid
7.4. Powder

8. Yeast Market, by Application

8.1. Introduction
8.2. Feed
8.3. Food
8.4. Health & Life sciences

9. Americas Yeast Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Yeast Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Yeast Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. Revyve secures Euro 8M for patented technology that extracts functional ingredients from brewer's yeast
- 12.3.2. Angel Yeast Announces Plans to Beef up Supply and Innovation Capabilities In Response to Increasing Global Yeast Demand
- 12.3.3. White Labs Adds Dry Yeast to its Fermentation Portfolio
- 12.3.4. Ablexis Announces License Agreement with Adimab
- 12.3.5. Lallemand Launches Unique Organic Version Of Probiotic Yeast
- 12.3.6. Oriental Yeast India Invests Rs 900 cr to Set up Yeast Facility in Pune
- 12.3.7. France's Yeasty Raises Euro 1.4M for Alt Protein Made From Upcycled Brewer's Yeast
- 12.3.8. Kerry Introduces Acryleast Pro - Next-generation acrylamide - reducing yeast now even more effective
- 12.3.9. Angel Yeast Launches Premium Dry Yeast At Bakery China 2022
- 12.3.10. New Yeast Innovations Deliver Unparalleled Performance For Bioenergy Industry
- 12.3.11. Ohly unveils flavor modulating and umami boosting ingredients with carbon neutral credentials
- 12.3.12. Lesaffre announces the construction of a new yeast plant in Brazil

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio