Yeast Market by Type (Baker’s Yeast, Bioethanol Yeast, Brewer’s Yeast), Form (Flakes, Liquid, Powder), Application - Global Forecast 2024-2030

Yeast Market by Type (Baker’s Yeast, Bioethanol Yeast, Brewer’s Yeast), Form (Flakes, Liquid, Powder), Application - Global Forecast 2024-2030

The Yeast Market size was estimated at USD 6.84 billion in 2023 and expected to reach USD 7.38 billion in 2024, at a CAGR 7.88% to reach USD 11.65 billion by 2030.

Yeasts are unicellular eukaryotic fungi with an organelle in a mature eukaryotic cell. Yeast is generally a fungus used in making beer and wine and for making bread to puff and lightweight. The continuous expansion of the food & beverage sector and the growing baking industry drive yeast usage worldwide. The presence of nutritional benefits in yeast-based is benefiting the market's growth. Stringent government regulations on using yeast and yeast products hamper the market growth. Increasing research & development activities to accelerate the usage of yeast by market vendors is anticipated to provide opportunities for the growth of the market. The ongoing efforts by market innovators to develop organic yeats owing to growing consumer inclination toward sustainability and veganism are expected to benefit the market growth.

Regional Insights

The growing consumer inclination toward alcoholic beverages and bakery products is expanding the application of yeast across the Americas, Europe, and Asia-Pacific. The yeast market in the Americas is growing exponentially, with well-established market players and increasing investments to expand the production capabilities of yeast. An emerging number of start-ups focusing on developing yeast for biofuels, healthcare, and proteins is expected to create a platform for market growth in Europe. According to the research, in 2021, China was the top yeast-producing country globally, subsequently benefiting the development of the market in the Asia-Pacific. The increasing livestock population in India, and China, is expanding the demand for animal feed, subsequently expanding yeast usage in Asia-Pacific. The emergence of home baking and new cafes and restaurants focusing on serving various bakery products and alcoholic beverages is anticipated to boost market growth across Asia-Pacific and Europe.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Yeast Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Growing demand for bakery and fermented food products in the food & beverage sector
• Rising private and public investments in bioethanol production as a fuel source
• Increase in nutritional benefits from yeast-based feed products

Market Restraints

• Rising raw material prices and risk of commercialization of low-quality products

Market Opportunities

• Research & development of new yeast strains and variants
• Emerging technologies in yeast genomics and antibodies research

Market Challenges

• Environmental impact of yeast production and regulatory hurdles

Market Segmentation Analysis

• Type: Rising demand for Baker’s yeast in the baking sector for fermentation
• Application: Increasing utilization of yeast in the food industry

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Yeast Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Yeast Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Revyve secures Euro 8M for patented technology that extracts functional ingredients from brewer’s yeast

As a market research analyst focusing on yeast, it is important to stay informed of current developments in the industry. A recent article from Food Matters Live provides an interesting insight into how Revyve has secured 8 million euros in funding to develop functional ingredients using yeast. The article states that this investment allows the company to further explore the potential of yeast as an alternative ingredient for food and beverage applications. Through this, Revyve hopes to reduce the need for artificial additives and create more natural and sustainable ingredients for consumers. As a result, it will be interesting to observe how this investment impacts the food industry in the future, potentially leading to more sustainable and natural products for consumers.

Angel Yeast Announces Plans to Beef up Supply and Innovation Capabilities In Response to Increasing Global Yeast Demand

Angel Yeast, a leading global yeast producer and biotechnology innovator, recently announced plans to expand its supply capabilities and further invest in research and development in response to the growing global demand for its products. This expansion allows Angel Yeast to meet customers' needs worldwide and capitalize on new opportunities in the international market. The increased focus on innovation also positions Angel Yeast to stay ahead of competitors with product quality, functionality, and safety breakthroughs. These upgrades and investments demonstrate the company’s commitment to meeting customer needs while continuing to be an industry leader. With this strategic approach, Angel Yeast is well-positioned to remain dominant in the worldwide yeast market.

White Labs Adds Dry Yeast to its Fermentation Portfolio

White Labs has responded to customer demands for high-quality yeast products as the craft beer industry grows by introducing its dry yeast line. Offering five different types of dry yeast strains, White Labs can now meet the needs and preferences of various markets. White Labs is well-positioned to become a significant player in the fermentation portfolio market with a concentration on quality control. Adding the dry yeast line offers brewers increased convenience, cost efficiency, and greater flexibility to create unique-tasting beers. This new product line enables White Labs to provide customers with various yeasts for their brewing needs.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Yeast Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Yeast Market, highlighting leading vendors and their innovative profiles. These include Agrano GmbH & Co. KG, Alltech, Inc., Angelyeast Co., Ltd., Antheia, Inc., Archer Daniels Midland Company, Associated British Foods PLC, AvantGen, Inc., Berkeley Yeast, BioInFood, Biorigin, BOSH MEDIA LTD., CB Therapeutics, Chr. Hansen Holding A/S, DuPont de Nemours, Inc., Foodchem International Corporation, ICC Brazil, Keliff's, Kerry Group PLC, Koninklijke DSM N.V., Kothari Fermentation & Biochem Ltd., LACHANCEA LLC, Lallemand Inc., Leiber GmbH, Lesaffre & CIE, Levapan S.A., Liaoning Joysun Group Co. , Ltd., Merck KGaA, Mitsubishi Corporation, Neogen Corporation, Nippon Paper Industries Co., Ltd., Nourish Ingredients Pty Ltd., Novozymes A/S, Oriental Yeast Co., Ltd., OYC EU B.V., Pacific Fermentation Ind. Ltd., Pakmaya by Pak Gıda Üretim ve Pazarlama A.Ş., Renaissance, Sensient Technologies Corporation, Specialty Biotech Co.,Ltd., Synergy Flavors, Inc., Thai Foods International Co., Ltd., The EVERY Company, Thermo Fisher Scientific, Inc., Titan Biotech Limited, Transomic Technologies, Inc., UNIFERM GmbH & Co. KG, White Labs, and ZEUS IBA S.R.L..

Market Segmentation & Coverage

This research report categorizes the Yeast Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Baker’s Yeast
• Bioethanol Yeast
• Brewer’s Yeast
• Feed Yeast
• Wine Yeast
• Form
• Flakes
• Liquid
• Powder
• Application
• Feed
• Food
• Health & Life sciences
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year