Global Yeast Market Growth 2023-2029
Yeasts are eukaryotic, single-celled microorganisms classified as members of the fungus kingdom. The yeast lineage originated hundreds of millions of years ago, and 1,500 species are currently identified. The useful physiological properties of yeast have led to their use in the field of biotechnology.
LPI (LP Information)' newest research report, the “Yeast Industry Forecast” looks at past sales and reviews total world Yeast sales in 2022, providing a comprehensive analysis by region and market sector of projected Yeast sales for 2023 through 2029. With Yeast sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Yeast industry.
This Insight Report provides a comprehensive analysis of the global Yeast landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Yeast portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Yeast market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Yeast and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Yeast.
The global Yeast market size is projected to grow from US$ 5264.7 million in 2022 to US$ 7145.6 million in 2029; it is expected to grow at a CAGR of 7145.6 from 2023 to 2029.
Global core yeast manufacturers include Emerson Lesaffe, AB Mauri etc.The top 3 companies hold a share about 65%.Europe is the largest market, with a share about 31%, followed by North America and Asia Pacific with the share about 25% and 23%.In terms of product, dry yeast is the largest segment, with a share over 90%. And in terms of application, the largest application is bake, followed by pastry.
This report presents a comprehensive overview, market shares, and growth opportunities of Yeast market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fresh Yeast
Dry Yeast
Segmentation by application
Bake
Pastry
Wine
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Lesaffe
AB Mauri
AngelYeast
Lallemand Inc
Pakmaya
Chr. Hansen
Xinghe Yeast
Mitsubishi
Jiuding Yeast
Biorigin
Key Questions Addressed in this Report
What is the 10-year outlook for the global Yeast market?
What factors are driving Yeast market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Yeast market opportunities vary by end market size?
How does Yeast break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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