Yeast Market Research Report- Forecast till 2030

Yeast Market Research Report: Information By Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Feed Yeast, Bioethanol Yeast and Others), By Form (Dry, Instant, Fresh, and Others), By Application (Foods, Beverages, Feed, Others) – Forecast till 2030

ID: MRFR/F-B & N/4095-CR | February 2018 | Region: Global | 162 Pages         

1 Executive Summary

2 Introduction

2.1 Definition 17

2.1.1 Yeast 17

2.2 Scope of the Study 17

2.2.1 Research Methodology 17

2.3 Assumptions 17

2.4 Limitations 17

2.5 Market Structure 18

2.5.1 Global Yeast Market, By Type 18

2.5.2 Global Yeast Market, By Form 18

2.5.3 Global Yeast Market, By Application 18

2.5.4 Global Yeast Market, By Region 18

2.6 Research Process 19

2.7 Primary Research 20

2.8 Secondary Research 21

2.9 Forecast Model 22

2.10 Global Yeast Market: Market Mapping & Research Methodology 23

2.11 Market Overview: Global Yeast Market 24

2.12 Industry Trends and Market Environment: Global Yeast Market 25

3 Market Dynamics

3.1 Introduction 26

3.2 Drivers 27

3.2.1 Nutritional benefits of yeast 27

3.2.2 Increasing demand for natural food additives 28

3.3 Restraints 29

3.3.1 Shortage of raw materials 29

3.4 Opportunities 30

3.4.1 High inclination towards convenience foods in emerging economies 30

3.4.2 Use of yeast as feed supplements 31

3.5 Challenges 32

3.5.1 Intense competition among vendors 32

3.6 Trends in Yeast Market 33

3.7 Trade (Import-export) Analysis 34

3.7.1 Yeasts Import Analysis 34

3.7.2 Yeasts Export Analysis 35

3.8 Value Chain Analysis 36

3.9 Supply Chain Analysis 38

3.10 Porter's Five Forces 39

3.10.1 Porter's 5 Forces Analysis: Global Yeast Market 39

3.10.2 Threat of New Entrants 40

3.10.3 Threat of Substitutes 40

3.10.4 Bargaining Power of Buyers 40

3.10.5 Bargaining Power of Suppliers 41

3.10.6 Internal Rivalry 41

4 Global Yeast Market By Type

4.1 Global Yeast Market by Type 43

4.1.1 Baker’s Yeast 43

4.1.2 Brewer’s Yeast 43

4.1.3 Wine Yeast 43

4.1.4 Feed Yeast 43

4.1.5 Bioethanol Yeast 43

4.1.6 Others 43

5 Global Yeast Market By Form

5.1 Global Yeast Market by Form 47

5.1.1 Dry 47

5.1.2 Instant 47

5.1.3 Fresh 47

5.1.4 Others 48

6 Global Yeast Market By Application

6.1 Global Yeast Market By Application 51

6.1.1 Food 51

6.1.2 Beverage 51

6.1.3 Feed 51

6.1.4 Others 51

7 Global Yeast Market by Region

7.1 North America Yeast Market by Country 54

7.1.1 North America Yeast Market by Type 55

7.1.2 North America Yeast Market By Form 55

7.1.3 North America Yeast Market By Application 56

7.1.4 The U.S. 57

7.1.5 Canada 58

7.1.6 Mexico 60

7.2 Europe Yeast Market by Country 62

7.2.1 Europe Yeast Market by Type 63

7.2.2 Europe Yeast Market by Form 63

7.2.3 Europe Yeast Market By Application 64

7.2.4 Germany 64

7.2.5 France 66

7.2.6 Italy 67

7.2.7 U.K 69

7.2.8 Spain 70

7.2.9 Rest of Europe 72

7.3 Asia Pacific Yeast Market by Country 74

7.3.1 Asia Pacific Yeast Market by Type 74

7.3.2 Asia Pacific Yeast Market by Form 75

7.3.3 Asia Pacific Yeast Market By Application 76

7.3.4 China 76

7.3.5 India 78

7.3.6 Japan 79

7.3.7 Australia 81

7.3.8 South Korea 82

7.3.9 Rest of APAC 84

7.4 Rest of the World Yeast Market by Region 86

7.4.1 Rest of World Yeast Market by Type 86

7.4.2 Rest of World Yeast Market by Form 87

7.4.3 Rest of World Yeast Market By Application 87

7.4.4 Latin America 88

7.4.5 Middle East 89

7.4.6 Africa 91

8 Competitive Landscape

9 Company Profiles

9.1 Associated British Foods Plc. 96

9.1.1 Company Overview 96

9.1.2 Financials 96

9.1.3 Products 96

9.1.4 Strategy 96

9.1.5 Key Developments 96

9.2 Chr. Hansen A S 97

9.2.1 Company Overview 97

9.2.2 Financials 97

9.2.3 Products 97

9.2.4 Strategy 97

9.2.5 Key Developments 97

9.3 Angel Yeast 98

9.3.1 Company Overview 98

9.3.2 Financials 98

9.3.3 Products 98

9.3.4 Strategy 98

9.3.5 Key Developments 98

9.4 Leiber GmbH 99

9.4.1 Company Overview 99

9.4.2 Financials 99

9.4.3 Products 99

9.4.4 Strategy 99

9.4.5 Key Developments 99

9.5 Lallemand Inc. 100

9.5.1 Company Overview 100

9.5.2 Financials 100

9.5.3 Products 100

9.5.4 Strategy 100

9.5.5 Key Developments 100

9.6 Lesaffre 101

9.6.1 Company Overview 101

9.6.2 Financials 101

9.6.3 Products 101

9.6.4 Strategy 101

9.6.5 Key Developments 101

9.7 Novozymes 102

9.7.1 Company Overview 102

9.7.2 Financials 102

9.7.3 Products 102

9.7.4 Strategy 102

9.7.5 Key Developments 102

9.8 Koninklijke DSM N.V. 103

9.8.1 Company Overview 103

9.8.2 Financials 103

9.8.3 Products 103

9.8.4 Strategy 103

9.8.5 Key Developments 103

9.9 Kerry Group PLC 104

9.9.1 Company Overview 104

9.9.2 Financials 104

9.9.3 Products 104

9.9.4 Strategy 104

9.9.5 Key Developments 104

9.10 Synergy Flavors 105

9.10.1 Company Overview 105

9.10.2 Financials 105

9.10.3 Products 105

9.10.4 Strategy 105

9.10.5 Key Developments 105

10 List of Tables

TABLE 1 GLOBAL YEAST MARKET BY REGION, USD MILLION, 2020-2027 13

TABLE 2 GLOBAL YEAST MARKET BY TYPE, USD MILLION, 2020-2027 14

TABLE 3 GLOBAL YEAST MARKET BY FORM, USD MILLION, 2020-2027 15

TABLE 4 GLOBAL YEAST MARKET BY APPLICATION, USD MILLION, 2020-2027 16

TABLE 5 GLOBAL YEAST MARKET, BAKER’S YEAST, BY REGION, USD MILLION, 2020-2027 44

TABLE 6 GLOBAL YEAST MARKET, BREWER’S YEAST, BY REGION, USD MILLION, 2020-2027 44

TABLE 7 GLOBAL YEAST MARKET, WINE YEAST, BY REGION, USD MILLION, 2020-2027 45

TABLE 8 GLOBAL YEAST MARKET, FEED YEAST, BY REGION, USD MILLION, 2020-2027 45

TABLE 9 GLOBAL YEAST MARKET, BIOETHANOL YEAST, BY REGION, USD MILLION, 2020-2027 46

TABLE 10 GLOBAL YEAST MARKET, OTHERS, BY REGION, USD MILLION, 2020-2027 46

TABLE 11 GLOBAL YEAST MARKET, DRY, BY REGION, USD MILLION, 2020-2027 48

TABLE 12 GLOBAL YEAST MARKET, INSTANT, BY REGION, USD MILLION, 2020-2027 48

TABLE 13 GLOBAL YEAST MARKET, FRESH, BY REGION, USD MILLION, 2020-2027 49

TABLE 14 GLOBAL YEAST MARKET, OTHERS, BY REGION, USD MILLION, 2020-2027 50

TABLE 15 GLOBAL YEAST MARKET, FOOD, BY REGION, USD MILLION, 2020-2027 51

TABLE 16 GLOBAL YEAST MARKET, BEVERAGE, BY REGION, USD MILLION, 2020-2027 52

TABLE 17 GLOBAL YEAST MARKET, FEED, BY REGION, USD MILLION, 2020-2027 52

TABLE 18 GLOBAL YEAST MARKET, OTHERS, BY REGION, USD MILLION, 2020-2027 53

TABLE 19 NORTH AMERICA YEAST MARKET, BY COUNTRY, USD MILLION, 2020-2027 54

TABLE 20 NORTH AMERICA YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 55

TABLE 21 NORTH AMERICA YEAST MARKET, BY FORM , USD MILLION, 2020-2027 55

TABLE 22 NORTH AMERICA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 56

TABLE 23 THE U.S. YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 57

TABLE 24 U.S. YEAST MARKET, BY FORM, USD MILLION, 2020-2027 57

TABLE 25 U.S. YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 58

TABLE 26 CANADA YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 58

TABLE 27 CANADA YEAST MARKET, BY FORM, USD MILLION, 2020-2027 59

TABLE 28 CANADA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 59

TABLE 29 MEXICO YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 60

TABLE 30 MEXICO YEAST MARKET, BY FORM, USD MILLION, 2020-2027 60

TABLE 31 MEXICO YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 61

TABLE 32 EUROPE YEAST MARKET, BY COUNTRY, USD MILLION, 2020-2027 62

TABLE 33 EUROPE YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 63

TABLE 34 EUROPE YEAST MARKET, BY FORM , USD MILLION, 2020-2027 63

TABLE 35 EUROPE YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 64

TABLE 36 GERMANY YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 64

TABLE 37 GERMANY YEAST MARKET, BY FORM, USD MILLION, 2020-2027 65

TABLE 38 GERMANY YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 65

TABLE 39 FRANCE YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 66

TABLE 40 FRANCE YEAST MARKET, BY FORM, USD MILLION, 2020-2027 66

TABLE 41 FRANCE YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 67

TABLE 42 ITALY YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 67

TABLE 43 ITALY YEAST MARKET, BY FORM, USD MILLION, 2020-2027 68

TABLE 44 ITALY YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 68

TABLE 45 U.K YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 69

TABLE 46 U.K YEAST MARKET, BY FORM, USD MILLION, 2020-2027 69

TABLE 47 U.K YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 70

TABLE 48 SPAIN YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 70

TABLE 49 SPAIN YEAST MARKET, BY FORM , USD MILLION, 2020-2027 71

TABLE 50 SPAIN YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 71

TABLE 51 REST OF EUROPE YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 72

TABLE 52 REST OF EUROPE YEAST MARKET, BY FORM, USD MILLION, 2020-2027 72

TABLE 53 REST OF EUROPE YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 73

TABLE 54 ASIA PACIFIC YEAST MARKET, BY COUNTRY, USD MILLION, 2020-2027 74

TABLE 55 ASIA PACIFIC YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 74

TABLE 56 ASIA PACIFIC YEAST MARKET, BY FORM, USD MILLION, 2020-2027 75

TABLE 57 ASIA PACIFIC YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 76

TABLE 58 CHINA YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 76

TABLE 59 CHINA YEAST MARKET, BY FORM, USD MILLION, 2020-2027 77

TABLE 60 CHINA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 77

TABLE 61 INDIA YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 78

TABLE 62 INDIA YEAST MARKET, BY FORM, USD MILLION, 2020-2027 78

TABLE 63 INDIA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 79

TABLE 64 JAPAN YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 79

TABLE 65 JAPAN YEAST MARKET, BY FORM, USD MILLION, 2020-2027 80

TABLE 66 JAPAN YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 80

TABLE 67 AUSTRALIA YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 81

TABLE 68 AUSTRALIA YEAST MARKET, BY FORM, USD MILLION, 2020-2027 81

TABLE 69 AUSTRALIA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 82

TABLE 70 SOUTH KOREA COUNTRIES YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 82

TABLE 71 SOUTH KOREA YEAST MARKET, BY FORM, USD MILLION, 2020-2027 83

TABLE 72 SOUTH KOREA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 83

TABLE 73 REST OF APAC YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 84

TABLE 74 REST OF APAC YEAST MARKET, BY FORM, USD MILLION, 2020-2027 84

TABLE 75 REST OF APAC YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 85

TABLE 76 REST OF THE WORLD YEAST MARKET, BY REGION, USD MILLION, 2020-2027 86

TABLE 77 REST OF WORLD YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 86

TABLE 78 REST OF WORLD YEAST MARKET, BY FORM, USD MILLION, 2020-2027 87

TABLE 79 REST OF WORLD YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 87

TABLE 80 LATIN AMERICA YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 88

TABLE 81 LATIN AMERICA YEAST MARKET, BY FORM, USD MILLION, 2020-2027 88

TABLE 82 LATIN AMERICA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 89

TABLE 83 MIDDLE EAST YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 89

TABLE 84 MIDDLE EAST YEAST MARKET, BY FORM, USD MILLION, 2020-2027 90

TABLE 85 MIDDLE EAST YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 90

TABLE 86 AFRICA YEAST MARKET, BY TYPE, USD MILLION, 2020-2027 91

TABLE 87 AFRICA YEAST MARKET, BY FORM, USD MILLION, 2020-2027 91

TABLE 88 AFRICA YEAST MARKET, BY APPLICATION, USD MILLION, 2020-2027 92

TABLE 89 COMPETIVE LANDSCAPING: GLOBAL YEAST MARKET: BY STRATEGY (2020-2027) 95

11 List of Figures

FIGURE 1 GLOBAL YEAST MARKET BY REGION: (2020-2027) 13

FIGURE 2 GLOBAL YEAST MARKET BY TYPE: (2020-2027) 14

FIGURE 3 GLOBAL YEAST MARKET BY FORM: (2020-2027) 15

FIGURE 4 GLOBAL YEAST MARKET BY APPLICATION: (2020-2027) 16

FIGURE 5 RESEARCH PROCESS OF MRFR 19

FIGURE 6 PRIMARY RESEARCH PROCESS 20

FIGURE 7 SECONDARY RESEARCH PROCESS: TOP-DOWN & BOTTOM-UP APPROACH 21

FIGURE 8 FORECAST MODEL 22

FIGURE 9 MARKET SEGMENTATION: GLOBAL YEAST MARKET 24

FIGURE 10 PRODUCT LIFECYLE: GLOBAL YEAST MARKET 25

FIGURE 11 PRODUCT LIFECYCLE: GLOBAL YEAST MARKET, BY REGION 25

FIGURE 12 DRIVERS, RESTRAINTS, OPPORTUNITIES & CHALLENGES ANALYSIS OF YEAST 26

FIGURE 13 MAJOR TRENDS IN YEAST MARKET 33

FIGURE 14 TRENDS IN YEAST IMPORTS (2020-2027), USD MILLION 34

FIGURE 15 TRENDS IN YEAST EXPORTS (2020-2027), USD MILLION 35

FIGURE 16 VALUE CHAIN ANALYSIS OF GLOBAL YEAST MARKET 36

FIGURE 17 SUPPLY CHAIN ANALYSIS OF GLOBAL YEAST MARKET 38

FIGURE 18 PORTER'S 5 FORCES ANALYSIS OF GLOBAL YEAST MARKET 39

FIGURE 19 GLOBAL YEAST MARKET: MAJOR PLAYER MARKET DEVELOPMENT SHARE 2020-2027 93

FIGURE 20 GLOBAL YEAST MARKET:STRATEGY ANALYSIS 94

FIGURE 21 GLOBAL YEAST MARKET: MARKET DEVELOPMENT (2020-2027) 95

Yeast Market

The Yeast Market Size is expected to reach a value of USD 8.67 Billion over the forecast period ending in 2030, at a CAGR of 8.78%.

Segmentation

By Type Baker’s Yeast Brewer’s Yeast Wine Yeast Feed Yeast Bioethanol Yeast Others
By Form Dry Instant Fresh Others
By Application Foods Beverages Feed Others

Key Players

  • Associated British Foods PLC (U.K)
  • 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 (U.S.)
  • Kothari Fermentation and Biochem Ltd. (India)
  • Omega Yeast Labs LLC (U.S.)
  • Pak Group (U.S.)
  • Oriental Yeast Co. Ltd. (Japan)
  • BSG Craft Brewing (U.S.)

Drivers

  • Growing consumer awareness of health issues
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Yeast Market Overview


The Yeast Market Size is expected to reach a value of USD 8.67 Billion over the forecast period ending in 2030, at a CAGR of 8.78%. The Market Value was recorded at USD 3,980 Million in the historic forecast period which has ended in 2019. Yeast market belongs to the fungus kingdom and is classed as a eukaryotic single-celled creature. Autolysates and yeast extracts are two types of specialized yeast available on the market. In baked goods, nutritional supplements, and probiotics, yeast and yeast extract are commonly employed. Breaker's yeast is used in the manufacturing of ethanol, baked goods, and antibiotics, among other things. The yeast is also utilized in the creation of alcoholic drinks, where Saccharomyces cerevisiae spices can also be detected. For example, due to increased demand for pharmaceutical, feed, and pet food products, yeast and yeast extract adoption is increasing globally. The commercialization of yeast has ushered in a period of transformation for the yeast business. The global yeast market share is expanding due to rising demand for bakery products, the global trend of purchasing alcoholic beverages, and the global demand for bioethanol as a fuel.


COVID 19 Analysis


The COVID-19 epidemic has harmed the food and beverage industries, resulting in the temporary closure of manufacturing facilities and a drop in demand for the yeast market. Players in the yeast sector are concentrating on nurturing their supply chains and speeding up their operations to prevent future income losses, with the primary aim of preventing the spread of SARS-CoV-2 among healthcare professionals. Furthermore, with the progressive lifting of the lockdown across countries and the containment of the novel coronavirus, the worldwide market can recover more quickly in the future. The global market share and yeast market size have accelerated due to market participants' promotional initiatives. The global market is predicted to develop faster in the next years than it is now.


Market Dynamics


Drivers


Strong demand for bakery items around the world, expanding consumption of alcoholic beverages, and a growing focus on improving animal feed production should all work in the yeast market's favor shortly and will help in market growth. Growing consumer awareness of health issues, changing lifestyles, and strong demand for high-nutrition, high-quality convenience foods will all contribute to yeast market trends. To gain loyalty and strengthen their market positions, top companies are continually looking for methods to cater to evolving consumer needs. In addition, the growing importance of local bakeries in many nations is expected to raise yeast consumption in the coming years. Over the evaluation period, industry participants may benefit from high innovation and manufacturing capabilities, as well as strong customer interactions which will help in achieving the market forecast.


Restraints


Factors such as high demand for key raw materials and a lack of understanding among farmers about the benefits of feed could stymie market expansion in the coming years. In the years ahead, the yeast market value will be harmed by a lack of government assistance in several countries, as well as shrinking R&D funds. There has been an upsurge in the need for hygiene goods, food, and medical products among the demographic. It also reduced the demand for yeast, which is frequently used in the cosmetics and personal care industries. As a result, the growth of the yeast market outlook has been significantly slowed which has resulted in lower market analysis.


Technology Analysis


Packed baked goods, such as cakes, are likely to have increased demand in the next few years, owing to a growing preference for snacking on packed cakes, particularly among children around the world. Pizza consumption has been trending at its highest level in four years, and pizza-focused ideas are growing across channels, which is projected to fuel demand for baker's yeast throughout the projection period. Bread and bakery product sales have been boosted by the continued spike in demand for free-from and specialty bread, as well as the impact of inflation on retail prices, which is pushing demand for baker's yeast in these applications. The use of technology in the market has proved to be the best thing for yeast market analysis and market growth. The expected growth in the yeast market is much higher and the use of technology is one of the major reasons behind it which will help in fulfilling the expected Market Forecast.


Segment Overview


The Yeast Market is further bifurcated into various segments that will help the market grow as per the predicted CAGR growth and prove the Yeast Market Trends true by the end of the forecast period in 2030. The market has been segmented based on the following:


Based on the type, the market has been segmented as follows:



  • Bioethanol yeast

  • Brewer’s yeast

  • Baker’s yeast

  • Feed yeast

  • Wine yeast

  • Others


Based on the forms, the market has been segmented as follows:



  • Fresh

  • Instant

  • Dry

  • Others


Based on the applications, the market has been segmented as follows:



  • Animal Feed

  • Beverages

  • Foods

  • Others


Based on the region, the market has been segmented as follows:



  • North America

  • Europe

  • Asia Pacific

  • South America

  • Rest of the World (ROW)


Regional Analysis


With a market share of more than 33.02 percent, Europe leads the global market and will surely change the yeast market outlook. Because of the high consumption of processed foods and high alcohol consumption, Germany should be the fastest-growing market, followed by the United Kingdom and France. In several European countries, the high consumption of bread, cakes, alcoholic beverages, and pastries remains the primary reason for the high need for yeast. North America is expected to make the most improvement, with the United States remaining the region's biggest revenue-generating market. Yeast is still a popular use for yeast, and the fact that the United States is a major producer of biofuel adds to the market value. The country is primarily a large producer of biodiesel and ethanol fuel, with corn serving as the principal feedstock. The country is also a leading producer of advanced biofuels, particularly algae-based fuels that rely heavily on yeast in their production. As a result, yeast demand in the country, and eventually the region, is strong, and it is expected to continue to climb in the coming years.


Competitive Landscape


The yeast market’s major corporations regularly use a variety of competitive strategies such as collaboration, mergers, and partnerships to strengthen their positions in the global market. However, in this fiercely competitive business, the primary focus is on product advancements and new launches to not only nurture brand recognition but also attract a larger consumer base. Setting up new production facilities or expanding existing ones is a significant focal point for market rivals looking to stay ahead of the pack. The major key players are as follows:



  • Associated British Foods PLC (U.K)

  • 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 (U.S.)

  • Kothari Fermentation and Biochem Ltd. (India)

  • Omega Yeast Labs LLC (U.S.)

  • Pak Group (U.S.)

  • Oriental Yeast Co. Ltd. (Japan)

  • BSG Craft Brewing (U.S.)


Recent Developments



  • In Passau, Germany, Lallemand Inc. opened a new specialty yeast manufacturing facility. This new location allowed the company to better service its European customers, enhance its manufacturing capacity, and broaden its geographic reach.

  • Lesaffre Group opened a new baking center in Abidjan, West Africa, for its subsidiary, Lesaffre Ivoire, to provide innovative bread-making solutions. This new location will allow the company to better service its West African customers, boost manufacturing capacity, and expand its geographic reach.

  • In Europe, AngelYeast Co., Ltd. introduced a new natural flavor-enhancer for plant-based meals and beverages. This product introduction will aid the company in strengthening its portfolio and expanding its European consumer base.


Report Overview


The report's overview includes a thorough examination of the yeast market, as well as the principal yeast industry applications and the specialty yeast market's growth potential. The study focuses on the major obstacles, roadblocks, and drivers that influence market size. The paper also discusses the major events following the COVID-19 pandemic, as well as the effects of the novel coronavirus and the yeast industry's lockdown. Aside from detailed market segmentation, the research also covers the most recent business scenario, including projected as well as historical value in terms of volume and value, technical advancements, and the most important factors driving the market growth. In addition, the paper profiles reputable manufacturers as well as the essential methods they use to stay competitive in the yeast vector.



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Frequently Asked Questions (FAQ) :

Yeast market valuation would be USD 8.67 Billion  by 2030.

Yeast market CAGR would be 8.78% during the forecast period.

The baker’s yeast would dominate the yeast market type segment.

The food segment would dominate the yeast market application.

The dry segment would dominate the yeast market.