Global Bioethanol Yeast Market Size Study & Forecast, by Product Type (Baker's, Brewer's), by Application (Cleaning & Disinfection, Biofuel, Food, Animal Feed, Others) and Regional Analysis, 2023-2030

Global Bioethanol Yeast Market Size Study & Forecast, by Product Type (Baker's, Brewer's), by Application (Cleaning & Disinfection, Biofuel, Food, Animal Feed, Others) and Regional Analysis, 2023-2030

Global Bioethanol Yeast Market is valued at approximately USD 14.85 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 14.04% over the forecast period 2023-2030. Bioethanol yeast, also known as ethanol-producing yeast, refers to a type of yeast that is used in the production of bioethanol, a renewable and sustainable form of fuel. This yeast is specifically selected and engineered for its ability to ferment sugars and convert them into ethanol through a process called alcoholic fermentation. The market for bioethanol is driven by several factors such as the significant decline in demand for petrochemical-based raw materials resulting in the shift towards bio-based alternatives. Additionally, the production and consumption of bioethanol are highly influenced by the demand from end-use applications including cleaning & disinfection, biofuel, food, animal feed, and others. .

The growing consumption of alcoholic beverages is expected to be a key driver for the demand for bioethanol yeast. As per Statista's 2023 report, the global volume in the alcoholic drinks sector is projected to witness a consistent increase. In 2023, the total volume of alcoholic drinks was accounted at 272.30 billion litres, which is projected to reach 306.40 billion litres by 2027. Moreover, the demand for bioethanol yeast is projected to experience substantial growth in the foreseeable period, primarily driven by the increasing demand for food and animal products. Furthermore, factors such as rising consumer disposable income levels, constant product innovations, and extensive market penetration in various countries contribute to the lucrative demand for bioethanol yeast over the forecast period of 2023-2030. However, supply chain disruptions, including challenges in raw material sourcing and logistics services, are anticipated to negatively impact the food and beverage market, leading to a potential decrease in product demand globally.

The key regions considered for the Global Bioethanol Yeast Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the stringent government regulations on antibiotics usage in animals, as well as growing awareness of the importance of safe and healthy food consumption. Europe is estimated as the fastest growing region during the forecast period, owing to factors such as the international market players expanding their production facilities within the region. Additionally, research and development efforts and technological advancements focused on production technologies have contributed significantly to the market's growth in the region.

Major market players included in this report are:
Lallemand Inc.
Lesaffre Group
Angel Yeast Co., Ltd.
Associated British Foods plc (ABF Ingredients)
DSM Nutritional Products AG
Kerry Group
Chr. Hansen Holding A/S
Leiber GmbH
Oriental Yeast Co., Ltd.
Alltech Inc.

Recent Developments in the Market:
 In July 2021, MicroBioGen, an Australian company has developed a technology that offers a technological solution to produce low-carbon fuels while simultaneously enhancing food production in collaboration with global partner Novozymes.
 In February 2020, Novozymes, the Danish industrial biotech company unveiled the introduction of the Innova Fit, its latest non-GM yeast technology. This innovative solution addresses the challenges faced in biofuel production due to limitations associated with conventional and basic yeast, thereby reducing production bottlenecks.


Global Bioethanol Yeast Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Product Type, Application, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Baker’s
Brewer’s

By Application:
Cleaning & Disinfection
Biofuel
Food
Animal Feed
Other

Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Companies Mentioned
Lallemand Inc.
Lesaffre Group
Angel Yeast Co., Ltd.
Associated British Foods plc (ABF Ingredients)
DSM Nutritional Products AG
Kerry Group
Chr. Hansen Holding A/S
Leiber GmbH
Oriental Yeast Co., Ltd.
Alltech Inc.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.