Asia-Pacific Yeast Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

Yeast Market Size

• The Asia-Pacific Yeast market size was valued at USD 1.50 billion in 2024 and is expected to reach USD 3.02 billion by 2032, at a CAGR of 9.10% during the forecast period
• The market growth is largely fueled by the rapidly expanding food and beverage industry across the region, including significant growth in bakery, processed foods, and alcoholic beverages such as beer

Yeast Market Analysis

• Yeast is a microorganism used in baking and brewing to help dough rise and ferment beverages such as beer and wine
• It converts sugars into carbon dioxide and alcohol, playing a key role in fermentation and flavor development
• China dominates the Yeast market with the largest revenue share of 30% in 2025, characterized by country's large population and the significant expansion of its food and beverage industry, particularly the bakery and processed food sectors
• India is expected to be the fastest growing region in the Yeast market during the forecast period due to burgeoning middle class with increasing disposable incomes and a rising appetite for processed and convenience foods, including baked goods The bakery industry in India is expanding significantly, leading to a higher demand for baker's yeast
• Baker’s yeast segment is expected to dominate the Yeast Market with a market share in 2025, driven by its widespread and essential use in the baking industry, which has a significant presence across Asia-Pacifican countries Bread, pastries, and other baked goods are staples in the Asia-Pacifican diet, leading to high demand for baker's yeast

Report Scope and Yeast Market Segmentation        

Yeast Market Trends

“Increasing Demand for Instant Dry Yeast”

• A significant trend in the Asia-Pacific yeast market, observed as of mid-May 2025, is the escalating demand for instant dry yeast
• This form of yeast is gaining popularity among both household consumers and industrial bakers due to its convenience, longer shelf life, and ease of direct incorporation into dough without prior activation
• The busy lifestyles prevalent in many parts of Asia-Pacific, coupled with the expanding bakery and confectionery sector, are driving this preference
  • For instance, in urban centers across China and India, the demand for convenient baking ingredients is rising, leading to increased sales of instant dry yeast through both online and offline channels
• This trend is further supported by the growth of e-commerce platforms, making instant dry yeast more accessible to a wider consumer base across the region

Yeast Market Dynamics

Driver

“Expanding Bakery and Confectionery Industry”

• A primary driver for the Asia-Pacific yeast market is the continuous expansion of the bakery and confectionery industry across the region
• With rising disposable incomes and changing dietary habits, there's a growing appetite for bread, cakes, pastries, and other baked goods
• In countries such as India, China, and Southeast Asian nations, the bakery sector is witnessing substantial growth, both in terms of industrial production and artisanal bakeries
• This expansion directly translates to a higher demand for baker's yeast, which is a fundamental ingredient in these products
• For Instance, the increasing popularity of Western-style baked goods and the emergence of numerous cafes and bakeries in major Asian cities are fueling the consumption of yeast

Restraint/Challenge

“Price Volatility of Raw Materials”

• A notable restraint and challenge for the Asia-Pacific yeast market is the potential volatility in the prices of raw materials used in yeast production, such as molasses and grains
• Fluctuations in agricultural commodity prices due to weather conditions, supply chain disruptions, or changes in government policies can impact the production cost of yeast
• This can create uncertainty for yeast manufacturers and potentially affect the pricing of yeast products in the market
  • For instance, if there are adverse weather conditions affecting sugarcane production in key molasses-producing countries in the region, it could lead to an increase in the cost of this essential raw material for yeast production
• This price sensitivity can pose a challenge to maintaining stable profit margins for yeast producers in Asia-Pacific

Yeast Market Scope

The market is segmented on the basis of type, form, and application.

• By Type

On the basis of type, the yeast market is segmented into baker’s yeast, brewer’s yeast, wine yeast, bioethanol yeast, feed yeast, and others. The baker’s yeast segment dominates the largest market revenue share in 2025, driven by its widespread and essential use in the baking industry, which has a significant presence across Asia-Pacifican countries bread, pastries, and other baked goods are staples in the Asia-Pacifican diet, leading to high demand for baker's yeast.

The bioethanol yeast segment is anticipated to witness the fastest growth rate from 2025 to 2032, fueled by increasing focus on renewable energy sources and the Asia-pacific union's initiatives to promote the use of biofuels. The demand for bioethanol as a sustainable alternative to fossil fuels is rising, directly boosting the need for bioethanol yeast used in its production.

• By Form

On the basis of form, the yeast market is segmented into fresh yeast, active dry yeast, instant yeast, and others. The fresh yeast held the largest market revenue share in 2025 of, driven by many professional and artisanal bakers for its superior leavening properties and the distinct flavor it imparts to baked goods the perception of fresh yeast as a more "natural" option also resonates with some Asia-Pacific consumers.

The instant yeast segment is expected to witness the fastest CAGR from 2025 to 2032, driven by its convenience, longer shelf life, and ease of use, which appeal to both home bakers and industrial users The increasing demand for convenience in food preparation is driving its rapid adoption.

• By Application

On the basis of application, the yeast market is segmented into food, beverages, bioethanol, pharmaceuticals, and feed. The food held the largest market revenue share in 2025, driven by the food industry, encompassing baking, processed foods, and yeast extracts as food ingredients, represents the largest application area for yeast.

The bioethanol lactis segment held a significant market share in 2025, favored for its similar to bioethanol yeast type, the application of yeast in bioethanol production is growing rapidly due to the demand for renewable fuels.

Yeast Market Regional Analysis

• China dominates the Yeast Market with the largest revenue share of 60% in 2024, driven by country's large population and the significant expansion of its food and beverage industry, particularly the bakery and processed food sectors Yeast is a fundamental ingredient in many Chinese food products, and the sheer volume of production and consumption in these sectors drives the substantial demand
• Furthermore, China's rapidly growing brewing industry also contributes significantly to the market size The increasing popularity of beer among Chinese consumers leads to a high consumption of brewer's yeast The country's large agricultural sector also supports the use of feed yeast, further solidifying China's leading position in the Asia-Pacific yeast market
• The presence of major domestic yeast manufacturers and the continuous growth in both traditional and modern food processing techniques ensure that China remains the dominant force in the regional yeast market

India Yeast Market Insight

The India yeast market captured the largest revenue share within Asia-Pacific in 2025, fueled by the rapid growth is fueled by a burgeoning middle class with increasing disposable incomes and a rising appetite for processed and convenience foods, including baked goods The bakery industry in India is expanding significantly, leading to a higher demand for baker's yeast.  

Thailand Yeast Market Insight

The Thailand yeast market is projected to expand at a substantial CAGR throughout the forecast period, primarily driven by increasing consumption of alcoholic beverages, particularly beer, in India is contributing to the growth of the brewer's yeast segment The growing awareness of animal nutrition and the expanding livestock sector are also driving the demand for feed yeast.

Japan Yeast Market Insight

The Japan yeast market is expected to expand at a considerable CAGR during the forecast period, fueled by consumed in industrial and artisan applications. The large hub of bakery products and their high demand have resulted in the increased utilization of yeast ingredients in the country's bakery and breweries industries. 

Yeast Market Share

The yeast industry is primarily led by well-established companies, including:

• Chr Hansen Holding A/S (Denmark)
• AngelYeast Co., Ltd (China)
• Kerry Group plc  (Ireland)
• DSM, Biorigin (U.S.)
• Synergy Flavors, Inc (U.S.)
• ICC (Brazil)
• LALLEMAND Inc. (Canada)
• Associated British Foods plc (U.K.)
• Oriental Yeast Co., ltd (Japan)
• Lesaffre (France)
• Leiber GmbH (Germany)
• Cargill, Incorporated (U.S.)
• Sensient Technologies Corporation (U.S.)

Latest Developments in Asia-Pacific Yeast Market

• In October 2024, Lesaffre, a global player in fermentation and microorganisms, acquired Biorigin, a business unit of Zilor that produces yeast derivative products. The acquisition aims to enhance the supply of yeast derivatives for animal nutrition and human food industries. This integration will improve production processes, logistics, and services for customers worldwide
• In January 2024, Phileo by Lesaffre introduced Actisaf Sc 47 HR+ yeast probiotic at the International Production & Processing Expo (IPPE). Following its Asia-Pacifican launch, this yeast probiotic, already established in the ruminant and swine sectors, is now available for poultry industry applications
• In March 2023, Research by Lallemand Animal Nutrition demonstrated that Yela Prosecure, a hydrolyzed yeast product, functions effectively as a protein source, with approximately 90% of its protein content exhibiting rapid digestibility characteristics.
• In September 2022, Leiber, a brewers' yeast specialist, is making significant investments in sustainability by constructing a new biomass power plant in Engter, Lower Saxony. The plant aims to use waste wood to generate a large portion of the heat energy and about one-third of the electricity required for its production operations

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