Global Yeast Market, By Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast, Others), Application (Food, Beverages, Bioethanol, Pharmaceuticals, Feed) – Industry Trends and Forecast to 2029
Yeast Market Analysis and Size
The rising demand for yeast from end-user industries such as food and beverages is fueling the market's expansion. Bakers yeast has a large market because it is widely used to improve the quality of bakery goods. Because of the increased consumer preference for convenience and packaged food products, the use of compressed yeasts in the bakery industry is growing at a faster rate.
Data Bridge Market Research analyses that the yeast market was valued at USD 4.63 billion in 2021 and is expected to reach the value of USD 6.75 billion by 2029, at a CAGR of 8.7% during the forecast period of 2022-2029. Because of the high consumption of insect-derived food since ancient times, as well as the presence of a large livestock population that is fed yeast products, the yeast market dominates the market.
Market Definition
Yeasts are unicellular eukaryotic fungi that have a completely different mechanism than bacteria and other prokaryotic microorganisms. Yeast contains nearly all of the organelles found in a mature eukaryotic cell. The most important are the nucleus, golgiapparatus, mitochondria, endoplasmic reticulum, vacuole, and cytoskeleton. The particle size of yeast cells is typically 510m. Budding and, on rare occasions, fission are the primary modes of reproduction. Cell morphology, physiology, immunology, and molecular biology techniques can be used to identify and characterise yeast. Yeast's natural habitat may include soil, water, plants, animals, and insects, with plant tissues serving as a special habitat.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast, Others), Application (Food, Beverages, Bioethanol, Pharmaceuticals, Feed)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Dun & Bradstreet, Inc (U.S), Conagra Brands, Inc. (US), London Dairy Co. Ltd (UK), Danone SA (France), ADM (U.S), Daiya Foods Inc. (Canada), Grupo Bimbo S.A.B.de C.V.(Mexico), Associated British Foods PLC (UK), General Mills Inc. (US), Lantmännen Unibake (Denmark), Aryzta AG (Switzerland), Vandemoortele NV (Belgium), Europastry S.A. (Spain), Cole’s Quality Food Inc.(US)
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Opportunities
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Yeast Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Use in agriculture industry as feed additives
Several commercial products containing varying proportions of live and dead. cerevisiae cells are available for use as animal feed additives. Yeasts are widely used in the fermentation process in a variety of industries.
- High demand from the bakery industry
The bakery industry is a pioneer in the use of yeast as an important ingredient. Breads, rye breads, whole wheat bread, buns, white breads, brown breads, and many other bakery products are in high demand worldwide. These dominant factors are propelling the market.
Opportunity
The rise of urbanisation and Western culture has resulted in an increase in demand for bakery products. The demand for yeast is being driven by the enrichment of animal feed products and rising alcoholic consumption.
Restraints
However, stringent government regulations for yeast and yeast derivative products are expected to limit the use of yeast.
This yeast market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the yeast market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Yeast Market
The threatening coronavirus pandemic has had a negative impact on almost all businesses worldwide. Market participants in the global yeast market have focused on increasing production of high-quality yeast to meet rising demand from health-conscious consumers in the midst of the pandemic. During the first wave of the coronavirus pandemic, market players developed innovative strategies to stay afloat in the business, despite some negative effects on the global yeast market such as supply chain disruption. During the coronavirus pandemic, the growing trend and popularity of making baking items at home has greatly increased the sales of yeast products. The global market is being driven by rising demand for yeast in the food and beverage industries. Global manufacturing firms are concentrating their efforts on increasing yeast production.
Recent Development
- Lallemand Baking will launch LalFerm, a new brand of fresh bakers yeast, in North America in 2019. The new brand provides Bakers with customised yeast solutions for their applications (lean dough, sweet dough, rich dough, frozen dough, flexible proofing, Vitamin D rich, etc.).
Global Yeast Market Scope
The yeast market is segmented on the basis of type, form and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Insect Type
- Baker’s yeast
- Brewer’s yeast
- Wine yeast
- Bioethanol yeast
- Feed yeast
- Others
Form
- Fresh yeast
- Active dry yeast
- Instant yeast
- Others
Application
- Food
- Beverages
- Bioethanol
- Pharmaceuticals
- Feed
Yeast Market Regional Analysis/Insights
The yeast market is analysed and market size insights and trends are provided by country, nsect type, form and application as referenced above.
The countries covered in the yeast market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
In Europe, Germany dominates the market, consuming approximately 60% of the yeast consumed in industrial and artisan applications. The large hub of bakery products and their high demand have resulted in the highest utilisation of yeast ingredients in the country's bakery and breweries industries. However, in North America, the United States is expected to dominate the market due to advances in technology and innovation in food ingredients, as well as rising consumption, as well as growing innovative industries and people's lifestyles, which are augmenting market growth. China dominates the Asia-Pacific region due to the country's growing demand for bioethanol as a fuel as well as its increased demand for bakery products and convenience foods.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Yeast Market Share Analysis
The yeast market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to yeast market.
Some of the major players operating in the yeast market are:
- Dun & Bradstreet, Inc (U.S)
- Conagra Brands, Inc. (US)
- London Dairy Co. Ltd (UK)
- Danone SA (France)
- ADM (U.S)
- Daiya Foods Inc. (Canada)
- Grupo Bimbo S.A.B.de C.V.(Mexico)
- Associated British Foods PLC (UK)
- General Mills Inc. (US)
- Lantmännen Unibake (Denmark)
- Aryzta AG (Switzerland)
- Vandemoortele NV (Belgium)
- Europastry S.A. (Spain)
- Cole’s Quality Food Inc.(US)
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