Yeast and Yeast Extract Market Global Research Report by Type (Baker's Yeast, Brewer's Yeast, Wine Yeast, Feed Yeast and others), Application (Food & Beverages (Bakery & Confectionery, Beverages and others), Animal Feed and others)) and Region (North America, Europe, Asia-Pacific and the Rest of the World) - Forecast till 2027
ID: MRFR/F-B & N/0519-HCR | February 2021 | Region: Global | 140 pages
Market Scenario
The global Yeast and Yeast Extract Market is projected to grow at a significant rate of 7.5% from 2019 to 2024 to reach a market value of USD 3.98 billion by the end of 2024. The growing demand for alcoholic beverages such as beer, and wine; and non-alcoholic beverages including kombucha, kefir, and kumis among the consumers globally is expected to propel the market growth for yeast and yeast extract in the near future. Yeast and yeast extract are also used in nutritional supplement, probiotics, and baked products. Increasing demand for feed & pet food and pharmaceutical products is further catalyzing the adoption of yeast and yeast extract in the global market.
Yeast is a eukaryotic single-celled microorganism which is classified as a member of the fungi kingdom. Baker’s yeast is used in making of baked products, ethanol production and antibiotics for medical uses. Yeast is also used in the production of alcoholic beverages, in which species like saccharomyces cerevisiae is used.
Segmentation
The global yeast and yeast extract market has been segmented based on type, application, and region.
The global market has been classified, based on type, as baker's yeast, brewer's yeast, wine yeast, feed yeast, and others.
The global market has been divided, based on application, into food & beverages, animal feed, and others. The food & beverages segment has been further bifurcated into bakery & confectionery, beverages, and others.
The global market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American yeast and yeast extract industry has further been bifurcated into the US, Canada, and Mexico.
The European yeast and yeast extract industry has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.
The yeast and yeast extract industry in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific.
The yeast and yeast extract market in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
- Associated British Foods PLC (UK)
- Chr. Hansen A S (Denmark)
- Angel Yeast (China)
- Lallemand Inc. (Canada)
- Lesaffre (France)
- Leiber GmbH (Germany)
- Novozymes (Denmark)
- Koninklijke DSM N.V. (The Netherlands)
- Kerry Group PLC (Ireland)
- Synergy Flavors (US)
- Kothari Fermentation and Biochem Ltd. (India)
- Omega Yeast Labs, LLC (US)
- Pak Group (US)
- Oriental Yeast Co., Ltd. (Japan)
- BSG CraftBrewing (US)
Regional Market Summary
The market in North America is expected to dominate the global yeast and yeast extract market during the forecast period. North America yeast and yeast extract market is driven by the growing demand for natural additives and ingredients by the food manufacturers. Also, the growing demand for bakery products and alcoholic beverages among the consumers in this region is likely to fuel the market for yeast and yeast extract during the assessment period.
The Asia-Pacific market is expected to generate the highest CAGR in the global market during the forecast period. With the increase of population, rising disposable income of consumers, and increasing urbanization; the consumption of food products & beverage in Asia-Pacific is steadily rising, which in turn expected to boost the market growth for yeast and yeast extract. Also, there is high demand for processed food items such as baked products, and confectionaries among the consumers in this region. These factors are likely to drive the yeast and yeast extract industry during the assessment period.
Global Market, by Type
- Baker's Yeast
- Brewer's Yeast
- Wine Yeast
- Feed Yeast
- Others
Global Market, by Application
- Food & Beverages
- Bakery & Confectionary
- Beverages
- Others
- Animal Feed
- Others
Global Yeast and Yeast Extract Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia and New Zealand
- Rest of Asia-Pacific
- Rest of the World (RoW)
- South America
- Middle East
- Africa
Intended Audience
- Food processors
- Agriculture associations
- Commercial research and development institutions
- Raw material suppliers and distributors
- Retailers, distributors, and wholesalers
- Traders, exporters, and importers
Frequently Asked Questions (FAQ) :
Yeast & Yeast Extract Market CAGR would be 7.5% during the forecast period (2019-2024).
Yeast & Yeast Extract Market valuation would be USD 3.98 billion.
North America would dominate Yeast & Yeast Extract Market.
The APAC Yeast & Yeast Extract Market would grow with the fastest CAGR.
High disposable income, massive population, and urbanization can trigger the APAC Yeast & Yeast Extract Market growth.
Table of Contents
1. 1 EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Yeast and Yeast Extract Market, by Type
1.1.2. Global Yeast and Yeast Extract Market, by Application
1.1.3. Global Yeast and Yeast Extract Market, by Region
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Macro Factor Indicator Analysis
3. RESEARCH METHODOLOGY
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
4. MARKET DYNAMICS
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. MARKET FACTOR ANALYSIS
5.1. Value Chain Analysis
5.2. Supply Chain Analysis
5.3. Porter’s Five Forces Model
5.3.1. Bargaining Power of Suppliers
5.3.2. Bargaining Power of Buyers
5.3.3. Threat of New Entrants
5.3.4. Threat of Substitutes
5.3.5. Intensity of Rivalry
6. GLOBAL YEAST AND YEAST EXTRACT MARKET, BY TYPE
6.1. Introduction
6.2. Baker’s Yeast
6.2.1. Baker’s Yeast: Market Estimates & Forecast, by Region/Country, 2020–2027
6.3. Brewer’s Yeast
6.3.1. Brewer’s Yeast: Market Estimates & Forecast, by Region/Country, 2020–2027
6.4. Wine Yeast
6.4.1. Wine Yeast: Market Estimates & Forecast, by Region/Country, 2020–2027
6.5. Feed Yeast
6.5.1. Feed Yeast: Market Estimates & Forecast, by Region/Country, 2020–2027
6.6. Others
6.6.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027
7. GLOBAL YEAST AND YEAST EXTRACT MARKET, BY APPLICATION
7.1. Introduction
7.2. Food & Beverages
7.2.1. Food & Beverages: Market Estimates & Forecast, by Region/Country, 2020–2027
7.2.2. Bakery & Confectionery
7.2.2.1. Bakery & Confectionery: Market Estimates & Forecast, by Region/Country, 2020–2027
7.2.3. Beverages
7.2.3.1. Beverages: Market Estimates & Forecast, by Region/Country, 2020–2027
7.2.4. Others
7.2.4.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027
7.3. Animal Feed
7.3.1. Animal Feed: Market Estimates & Forecast, by Region/Country, 2020–2027
7.4. Others
7.4.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027
8. GLOBAL YEAST AND YEAST EXTRACT MARKET MARKET, BY REGION
8.1. Introduction
8.2. North America
8.2.1. Market Estimates & Forecast, by Type, 2020–2027
8.2.2. Market Estimates & Forecast, by Application, 2020–2027
8.2.3. Market Estimates & Forecast, by Country, 2020–2027
8.2.4. US
8.2.4.1. Market Estimates & Forecast, by Type, 2020–2027
8.2.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.2.5. Canada
8.2.5.1. Market Estimates & Forecast, by Type, 2020–2027
8.2.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.2.6. Mexico
8.2.6.1. Market Estimates & Forecast, by Type, 2020–2027
8.2.6.2. Market Estimates & Forecast, by Application, 2020–2027
8.3. Europe
8.3.1. Market Estimates & Forecast, by Type, 2020–2027
8.3.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.3. Market Estimates & Forecast, by Country, 2020–2027
8.3.4. Germany
8.3.4.1. Market Estimates & Forecast, by Type, 2020–2027
8.3.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.5. UK
8.3.5.1. Market Estimates & Forecast, by Type, 2020–2027
8.3.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.6. France
8.3.6.1. Market Estimates & Forecast, by Type, 2020–2027
8.3.6.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.7. Spain
8.3.7.1. Market Estimates & Forecast, by Type, 2020–2027
8.3.7.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.8. Italy
8.3.8.1. Market Estimates & Forecast, by Type, 2020–2027
8.3.8.2. Market Estimates & Forecast, by Application, 2020–2027
8.3.9. Rest of Europe
8.3.9.1. Market Estimates & Forecast, by Type, 2020–2027
8.3.9.2. Market Estimates & Forecast, by Application, 2020–2027
8.4. Asia-Pacific
8.4.1. Market Estimates & Forecast, by Type, 2020–2027
8.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.3. Market Estimates & Forecast, by Country, 2020–2027
8.4.4. China
8.4.4.1. Market Estimates & Forecast, by Type, 2020–2027
8.4.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.5. Japan
8.4.5.1. Market Estimates & Forecast, by Type, 2020–2027
8.4.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.6. India
8.4.6.1. Market Estimates & Forecast, by Type, 2020–2027
8.4.6.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.7. Australia & New Zealand
8.4.7.1. Market Estimates & Forecast, by Type, 2020–2027
8.4.7.2. Market Estimates & Forecast, by Application, 2020–2027
8.4.8. Rest of Asia-Pacific
8.4.8.1. Market Estimates & Forecast, by Type, 2020–2027
8.4.8.2. Market Estimates & Forecast, by Application, 2020–2027
8.5. Rest of the World
8.5.1. Market Estimates & Forecast, by Type, 2020–2027
8.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.5.3. Market Estimates & Forecast, by Region, 2020–2027
8.5.4. South America
8.5.4.1. Market Estimates & Forecast, by Type, 2020–2027
8.5.4.2. Market Estimates & Forecast, by Application, 2020–2027
8.5.5. Middle East
8.5.5.1. Market Estimates & Forecast, by Type, 2020–2027
8.5.5.2. Market Estimates & Forecast, by Application, 2020–2027
8.5.6. Africa
8.5.6.1. Market Estimates & Forecast, by Type, 2020–2027
8.5.6.2. Market Estimates & Forecast, by Application, 2020–2027
9. COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Competitive Benchmarking
9.3. Development Share Analysis
9.4. Key Developments & Growth Strategies
10. COMPANY PROFILES
10.1. Associated British Foods PLC
10.1.1. Company Overview
10.1.2. Financial Overview
10.1.3. Products Offered
10.1.4. Key Developments
10.1.5. SWOT Analysis
10.1.6. Key Strategies
10.2. Chr. Hansen A S
10.2.1. Company Overview
10.2.2. Financial Overview
10.2.3. Products Offered
10.2.4. Key Developments
10.2.5. SWOT Analysis
10.2.6. Key Strategies
10.3. Angel Yeast
10.3.1. Company Overview
10.3.2. Financial Overview
10.3.3. Products Offered
10.3.4. Key Developments
10.3.5. SWOT Analysis
10.3.6. Key Strategies
10.4. Lallemand Inc.
10.4.1. Company Overview
10.4.2. Financial Overview
10.4.3. Products Offered
10.4.4. Key Developments
10.4.5. SWOT Analysis
10.4.6. Key Strategies
10.5. Lesaffre
10.5.1. Company Overview
10.5.2. Financial Overview
10.5.3. Products Offered
10.5.4. Key Developments
10.5.5. SWOT Analysis
10.5.6. Key Strategies
10.6. Leiber GmbH
10.6.1. Company Overview
10.6.2. Financial Overview
10.6.3. Products Offered
10.6.4. Key Developments
10.6.5. SWOT Analysis
10.6.6. Key Strategies
10.7. Novozymes
10.7.1. Company Overview
10.7.2. Financial Overview
10.7.3. Products Offered
10.7.4. Key Developments
10.7.5. SWOT Analysis
10.7.6. Key Strategies
10.8. Koninklijke DSM N.V.
10.8.1. Company Overview
10.8.2. Financial Overview
10.8.3. Products Offered
10.8.4. Key Developments
10.8.5. SWOT Analysis
10.8.6. Key Strategies
10.9. Kerry Group PLC
10.9.1. Company Overview
10.9.2. Financial Overview
10.9.3. Products Offered
10.9.4. Key Developments
10.9.5. SWOT Analysis
10.9.6. Key Strategies
10.10. Synergy Flavors
10.10.1. Company Overview
10.10.2. Financial Overview
10.10.3. Products Offered
10.10.4. Key Developments
10.10.5. SWOT Analysis
10.10.6. Key Strategies
10.11. Kothari Fermentation and Biochem Ltd.
10.11.1. Company Overview
10.11.2. Financial Overview
10.11.3. Products Offered
10.11.4. Key Developments
10.11.5. SWOT Analysis
10.11.6. Key Strategies
10.12. Omega Yeast Labs, LLC
10.12.1. Company Overview
10.12.2. Financial Overview
10.12.3. Products Offered
10.12.4. Key Developments
10.12.5. SWOT Analysis
10.12.6. Key Strategies
10.13. Pak Group
10.13.1. Company Overview
10.13.2. Financial Overview
10.13.3. Products Offered
10.13.4. Key Developments
10.13.5. SWOT Analysis
10.13.6. Key Strategies
10.14. Oriental Yeast Co., Ltd.
10.14.1. Company Overview
10.14.2. Financial Overview
10.14.3. Products Offered
10.14.4. Key Developments
10.14.5. SWOT Analysis
10.14.6. Key Strategies
10.15. BSG CraftBrewing
10.15.1. Company Overview
10.15.2. Financial Overview
10.15.3. Products Offered
10.15.4. Key Developments
10.15.5. SWOT Analysis
10.15.6. Key Strategies
11. APPENDIX
11.1. General Sources & References
11.2. List of Abbreviation
LIST OF TABLES
Table 1 Global Yeast and Yeast Extract Market, by Region, 2020–2027 (USD Million)
Table 2 Global Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 4 Global Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 5 North America: Yeast and Yeast Extract Market, by Country, 2020–2027 (USD Million)
Table 6 North America: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 8 North America: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 9 US: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 11 US: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 12 Canada: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 14 Canada: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 15 Mexico: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 18 Europe: Yeast and Yeast Extract Market, by Country, 2020–2027 (USD Million)
Table 19 Europe: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 21 Europe: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 22 Germany: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 24 Germany: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 25 France: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 27 France: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 28 Italy: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 30 Italy: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 31 Spain: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 33 Spain: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 34 UK: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 37 Rest of Europe: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 39 Rest of Europe: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 40 Asia-Pacific: Yeast and Yeast Extract Market, by Country, 2020–2027 (USD Million)
Table 41 Asia-Pacific: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 43 Asia-Pacific: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 44 China: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 46 China: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 47 India: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 49 India: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 50 Japan: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 52 Japan: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 53 Australia & New Zealand: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 55 Australia & New Zealand: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 56 Rest of Asia-Pacific: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 58 Rest of Asia-Pacific: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 59 Rest of the World (RoW): Yeast and Yeast Extract Market, by Country, 2020–2027 (USD Million)
Table 60 Rest of the World (RoW): Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 62 Rest of the World (RoW): Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 63 South America: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 65 South America: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 66 Middle East: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 68 Middle East: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
Table 69 Africa: Yeast and Yeast Extract Market, by Type, 2020–2027 (USD Million)
Table 71 Africa: Yeast and Yeast Extract Market, by Application, 2020–2027 (USD Million)
LIST OF FIGURES
FIGURE 1 Global Yeast and Yeast Extract Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis of the Global Yeast and Yeast Extract Market
FIGURE 4 Value Chain of the Global Yeast and Yeast Extract Market
FIGURE 5 Share of the Global Yeast and Yeast Extract Market in 2020, by Country (%)
FIGURE 6 Global Yeast and Yeast Extract Market, by Region, 2020–2027,
FIGURE 7 Global Yeast and Yeast Extract Market Size, by Type, 2020
FIGURE 8 Share of the Global Yeast and Yeast Extract Market, by Type, 2020–2027 (%)
FIGURE 9 Global Yeast and Yeast Extract Market Size, by Application, 2020
FIGURE 10 Share of the Global Yeast and Yeast Extract Market, by Application, 2020–2027 (%)