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Yeast - Global Strategic Business Report

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    Report

  • 587 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1382369
The global market for Yeast is estimated at US$6.2 Billion in 2023 and is projected to reach US$11.6 Billion by 2030, growing at a CAGR of 8.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Baker’s Yeast segment, which is expected to reach US$5.1 Billion by 2030 with a CAGR of 9.2%. The Brewer’s Yeast segment is also set to grow at 8.2% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.6 Billion in 2023, and China, forecasted to grow at an impressive 10.8% CAGR to reach $1.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Yeast Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Yeast Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Yeast Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Alltech, Inc., Angel Yeast Co., Ltd., Associated British Foods plc, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 111 Featured):

  • Alltech, Inc.
  • Angel Yeast Co., Ltd.
  • Associated British Foods plc
  • Chr. Hansen A/S
  • Imperial Yeast
  • Kerry Group Plc
  • Laffort SA
  • Lallemand, Inc.
  • Leiber GmbH
  • Lesaffre Group
  • Novus International, Inc.
  • Oriental Yeast Co., Ltd.
  • Royal DSM N.V.
  • Synergy Flavours Ltd
  • UNIFERM GmbH & Co. KG
  • Zeus IBA SRL

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022, 2023 and 2024
  • Pandemic Impact on Snackfood and Bakery Market
  • Demand for Yeast for Home Baking Rises on Account of COVID-19 Lockdowns
  • Packaging Limitations for Dried Yeast for the Retail Segment Highlighted by the Pandemic
  • People in the US Sought Yeast-less Baking Recipes or Rationed Yeast
  • Competitive Scenario
  • Yeast - Global Key Competitors Percentage Market Share in 2023 (E)
  • Yeast Competitor Market Share Scenario Worldwide (in %): 2020E
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Market Snapshots
  • Global Market Prospects & Outlook
  • Impact of Pandemic on Yeast Market
  • Bread and Other Baked Products: Major Demand Growth Drivers
  • Emerging Markets and New Products to Drive Growth
  • Developed Markets Dominate Consumption, While Developing Countries Spearhead Growth
  • Global Yeast Market - Geographic Regions Ranked by CAGR (Value Sales) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
  • Lower Per Capita Consumption Offers Huge Market Potential in Developing Countries
  • Europe Remains the Largest Region
  • Asia: A Fast Emerging Market for Bread, and Yeast
  • Affordability Factor Spurs Strong Demand for Pastries and Cakes
  • Yeast: Product Overview
  • Physico-Chemical Characteristics of Fresh and Dry Yeast (in Terms of Nitrogen Percentage in Dry Matter, Ashes Percentage in Dry Matter, pH (After Rehydration) and Dry Matter Percentage in Yeast
  • Baker’s Yeast - Nutritional Data of Fresh and Dry Baker's Yeast in Terms of Fats, Carbohydrates, Proteins, Minerals (as % in Dry Matter) and Vitamins (mg/100g) and Energy Value (as Kcal per 100g of Dry Matter)
  • Common Types of Yeast
  • Forms of Yeast
  • Yeast Production Process
  • Overview of Key End-Use Applications
  • Recent Market Activity
  • Select Innovations & Advancements
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Yeast Market: Key Market Trends, Long Term Drivers and Deterrents
  • Popularity of Functional Bakery Products Augurs Well for Baker’s Yeast
  • How Yeast Contributes to Upliftment of Bakery Market?
  • Sophisticated Lifestyles Elevate Alcoholic Beverage Consumption, Drive Yeast Demand
  • Changing Consumer Preferences Boosting Innovations in Brewing Industry
  • Better Yeasts for Better Winemaking
  • H2S and EC Prevent Yeasts from Generating Widespread Interest in Wine Industry
  • Boosting Yeast Biodiversity to Facilitate Production of Novel Flavors and Aromas in Beer
  • Availability of Wide Range of Hops
  • Growing Popularity of Natural Ingredients in Processed Foods Drives Demand for Yeast
  • Surging Popularity of Probiotic Functional Foods: A Strong Case for Yeast Demand Growth
  • World Functional Food Ingredients Market by Geographic Region - Annual Sales in US$ Million for Years 2023 and 2030
  • Global Dietary Supplements Market Size (in US$ Billion) for the Years 2019, 2022 and 2025
  • Customized Yeast Solutions: A Refreshingly New Product Differentiation Strategy
  • Specialty Yeast Grows in Popularity to Make Cash Registers Ring
  • Yeast Extracts Find Applications in Reducing Sodium Levels in Food Products
  • Red Yeast Rice Attracting Negative Attention Due to Toxins and Side Effects
  • Filtered Dates Extract: Potential for Replacing Molasses in Yeast Production
  • Live Yeast Cultures in Animal Nutrition
  • Continued Interests in Nutritional Practices
  • Live Yeasts to Help Prevent Clinical and Sub-clinical Acidosis in Ruminants
  • Live Yeast Cultures in Equine Nutrition for Alleviating Digestive Disturbances
  • Live Yeast to Aid in the Health of Breeding, Lactating Mother Animals and Offsprings
  • Yeast Production for Animal Feed
  • World Animal Feed Additives Market by Geographic Region - Annual Sales in US$ Thousand for Years 2023 and 2030
  • Lallemand’s Titan Technology Ensures Probiotic Yeast Stability in Feed Processing
  • Global Market for Probiotics in Animal Feed by Microbial Genus (in %) for 2024E
  • Global Animal Feed Enzymes Market Breakdown by Application (in %) for 2024E
  • Advancements and Innovation in the Yeast Market
  • Yeast Innovation Delivers Unmatched Performance for Bioenergy Industry
  • Nutrient-Dense Proteins from Yeast for Plant-Based Foods
  • Yeast Innovations in Recent Past
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Yeast Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Yeast by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Baker’s Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Baker’s Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Baker’s Yeast by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Brewer’s Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Brewer’s Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Brewer’s Yeast by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Probiotics Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Probiotics Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Probiotics Yeast by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Wine Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Wine Yeast by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Wine Yeast by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Fresh by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Fresh by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Fresh by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Active by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Active by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Active by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Instant by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Instant by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Instant by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Feed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Feed by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Feed by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 36: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 37: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Yeast Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Domestic Yeast Market to Gain from Rising Demand for Gut & Digestive Health Products
  • Breweries Turn to Champagne Yeast for New Flavors
  • Healthy Trajectory in Feed Additives Market Bodes Well
CANADA
  • Higher Consumption of Bakery Products Favors Canadian Yeast Market
  • Rising Emphasis on Gut Health Products Augurs Well
JAPAN
  • Yeast Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Japan: A Highly Competitive and Matured Market for Bakery Products
  • Launch of New Products in Response to Increasing Health Consciousness Sustain Market Demand
  • Factors Driving Bakery Products Market in Japan
CHINA
  • Yeast Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Chinese Management Regulations to Boost Growth for Yeast Based Feed Products
  • Multiple Demand Avenues Drive Growth of the Market
  • Molasses Availability: A Key Factor for Capacity Expansion
  • Bright Outlook for the Chinese Bakery Products Market
  • Angel Yeast Dominates the Market
  • Chinese Yeast Market (2023E): Percentage Share Breakdown of Yeast Production Capacity for Angel Yeast, Lesaffre, AB Mauri, and Others
EUROPE
  • Yeast Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
  • Noteworthy Trends
FRANCE
  • Overview of Bakery Products Industry
  • Artisanal Bakeries Witness Tough Market Conditions
GERMANY
  • Largest Producer of Bread and Second Largest Producer of Cookies in Europe
  • Artisanal Breads Dominate Bread Sales in Germany
  • German Bread Market by Segment (2024E): Percentage Share Breakdown of Value Sales for Artisanal Breads, Industrial Breads and In-Store Breads
ITALY
  • Bakery Products in Italy - An Overview
UNITED KINGDOM
  • Market Overview
  • A Leading Market for Bakery Products
  • Britons Re-discover the Joy of Home Baking
SPAIN
  • Bakery Products Market Remains STable Despite Economic Vagaries
RUSSIA
  • Market Overview
REST OF EUROPE
  • Bakery Products: Overview of Select Regional Markets
ASIA-PACIFIC
  • Yeast Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Low Per Capita Consumption of Bakery Products Provides Ample Opportunities
  • Per-Capita Bread Consumption (In Kilograms) for Select Countries in Asia-Pacific
  • Per-Capita Biscuit Consumption (In Kilograms) for Select Countries in Asia-Pacific
  • Dry Yeast Dominates the Market
  • Increasing Adoption of Yeast in Feed Additives to Provide Growth Opportunities
  • Asia-Pacific: A Lucrative Market for Bakery Products Industry
AUSTRALIA
  • Bakery Products Market
INDIA
  • Market Overview
  • Fastest Growing Market for Bakery Products in Asia-Pacific
  • India Offers Immense Market Penetration Opportunities for Bread
  • Bread Emerges as a Staple Food in Indian Diets
SOUTH KOREA
  • Bakery Products Market
REST OF ASIA-PACIFIC
  • Overview of Bakery Products Market in Select Regional Markets
LATIN AMERICA
  • Yeast Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
  • Overview of Bakery Products Market in Latin America
ARGENTINA
BRAZIL
  • Yeast Industry Competes with Bioethanol for Molasses
  • Overview of Bakery Products Market
MEXICO
  • Mexico: A Major Market for Bakery Products
REST OF LATIN AMERICA
  • Bakery Products: Overview of Select Regional Markets
MIDDLE EAST
  • Yeast Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alltech, Inc.
  • Angel Yeast Co., Ltd.
  • Associated British Foods plc
  • Chr. Hansen A/S
  • Imperial Yeast
  • Kerry Group Plc
  • Laffort SA
  • Lallemand, Inc.
  • Leiber GmbH
  • Lesaffre Group
  • Novus International, Inc.
  • Oriental Yeast Co., Ltd.
  • Royal DSM N.V.
  • Synergy Flavours Ltd
  • UNIFERM GmbH & Co. KG
  • Zeus IBA SRL

Table Information