South Korea Yeast Market to 2032

Overview

The South Korea Yeast Market is expected to reach a 315.52 USD Billion by 2032 and is projected to grow at a CAGR of 14.54% from 2025 to 2032.

Revenue, 2024 (USD Billion)
157.77
Forecast, 2032 (USD Billion)
315.52
CAGR, 2024 - 2032
14.54%
Report Coverage
South Korea

South Korea Yeast Market 2018-2032 USD Billion

South Korea Yeast Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 157.77 USD Billion
  • Projected Market Size (2032): 315.52 USD Billion
  • CAGR (2025-2032): 14.54%

Key Findings of South Korea Yeast Market

  • The South Korea Yeast Market was valued at 157.77 USD Billion in 2024.
  • The South Korea Yeast Market is likely to grow at a CAGR of 14.54% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Fresh Yeast in Form Segment accounted for the largest share of the market with a revenue of 90.94 USD Billion
  • The fastest growing segment Baker’s Yeast in Type Segment grew Fastest with a CAGR of 16.13% during the forecast period from 2024 to 2032.

South Korea Yeast Market Scope

South Korea Yeast Market Segmentation & Scope
Type
  • Others
  • Feed Yeast
  • Bioethanol Yeast
  • Wine Yeast
  • Brewer’s Yeast
  • Baker’s Yeast
Form
  • Others
  • Instant Yeast
  • Active Dry Yeast
  • Fresh Yeast
Application
  • Pharmaceuticals
  • Feed
  • Bioethanol
  • Beverages
  • Food

South Korea Yeast Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 157.77 USD Billion
Market Value in 2032 315.52 USD Billion
CAGR (2025-2032) 14.54%
Historic Data 2016-2023
Market Segments Covered Type,Form,Application

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 157.77 USD Billion in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 157.77 USD Billion in 2024.

Segments and Scope

  • South Korea Yeast Market to 2032, By Type
    • Baker’s Yeast is the largest segment in South Korea Yeast Market to 2032 with a revenue of 77.30 USD Billion in the year 2024.
    • Baker’s Yeast is the Fastest growing segment in South Korea Yeast Market to 2032 with a Growth rate of 16.13 % in forecast period 2025-2032.
  • South Korea Yeast Market to 2032, By Form
    • Fresh Yeast is the largest segment in South Korea Yeast Market to 2032 with a revenue of 90.94 USD Billion in the year 2024.
    • Fresh Yeast is the Fastest growing segment in South Korea Yeast Market to 2032 with a Growth rate of 15.57 % in forecast period 2025-2032.
  • South Korea Yeast Market to 2032, By Application
    • Food is the largest segment in South Korea Yeast Market to 2032 with a revenue of 74.72 USD Billion in the year 2024.
    • Food is the Fastest growing segment in South Korea Yeast Market to 2032 with a Growth rate of 14.97 % in forecast period 2025-2032.

South Korea Yeast Market Company Share Analysis

 
Company Name Company Share Analysis
DSM
Associated British Foods plc
Lesaffre
Chr. Hansen Holding A/S
AngelYeast Co., Ltd.
South Korea Yeast Market Company Share Analysis

South Korea Yeast Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Yeast Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Yeast Market Company Profiling

South Korea Yeast Market Company Profiling
Frequently Asked Questions
The South Korea Yeast Market is segmented based on Segmentation Type,Form,Application.
South Korea Yeast Market was valued at USD 157.77(Revenue in USD Billion) in 2020.
South Korea Yeast Market is projected to grow at a CAGR of 14.54% during the forecast period of 2024 to 2032.
The Fresh Yeast segment is expected to dominate the South Korea Yeast Market, holding a largest market share of 90.94 USD Billion in 2024

South Korea Yeast Market Scope

South Korea Yeast Market Segmentation & Scope
Type
  • Others
  • Feed Yeast
  • Bioethanol Yeast
  • Wine Yeast
  • Brewer’s Yeast
  • Baker’s Yeast
Form
  • Others
  • Instant Yeast
  • Active Dry Yeast
  • Fresh Yeast
Application
  • Pharmaceuticals
  • Feed
  • Bioethanol
  • Beverages
  • Food
Frequently Asked Questions
The South Korea Yeast Market is segmented based on Segmentation Type,Form,Application.
South Korea Yeast Market was valued at USD 157.77(Revenue in USD Billion) in 2020.
South Korea Yeast Market is projected to grow at a CAGR of 14.54% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Yeast Market for final year is USD 315.52 (USD Billion).

South Korea Yeast Market Company Profiling

South Korea Yeast Market Company Profiling
Frequently Asked Questions
The South Korea Yeast Market is segmented based on Segmentation Type,Form,Application.
South Korea Yeast Market was valued at USD 157.77(Revenue in USD Billion) in 2020.
South Korea Yeast Market is projected to grow at a CAGR of 14.54% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Yeast Market for final year is USD 315.52 (USD Billion).

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