Fresh Yeast Market

Fresh Yeast Market Outlook (2024 to 2034)

Expanding at a CAGR of 6.9%, the global fresh yeast market is projected to increase from a valuation of US$ 7.64 billion in 2024 to US$ 14.86 billion by 2034.

Yeast is a kind of eukaryotic, single-celled fungus that belongs to the kingdom of fungi. Saccharomyces Cerevisiae, often known as yeast, is a well-known fermenting and leavening agent. Food, beverage, animal feed, and pet food industries all make extensive use of fresh yeasts.

The study presents consumption and prospects in the fresh yeast market at national and regional levels. Key findings, a thorough market analysis, market dynamics, a value and volume prediction for fresh yeasts, and prospects for producers operating in national and regional markets are all included in this research study.

Yeast is a widely used commodity in the food and beverage sector, despite having a short shelf life. Demand for fresh yeast products in the global market is driven by an increase in the consumption of alcoholic drinks and baked goods. The majority of significant producers with stakes in the fresh yeast industry are now planning to expand their production capabilities and fortify their distribution networks due to an upsurge in consumer demand.

Bioethanol and other ecologically friendly and renewable fuels have seen tremendous demand in recent years. Sugar from biomass sources such as corn, sugarcane, or cellulosic materials is naturally fermented by yeast to produce ethanol. Yeast will become increasingly important in these areas as more economies and companies shift to environment-friendly fuels.

Compared to fossil fuels, bioethanol is thought to be a cleaner fuel. The government's incentives and legislation supporting bioethanol because of increased environmental consciousness have increased the size of the yeast business. As a result, several research centers focus on developing novel techniques for producing bioethanol, which frequently calls for certain yeast strains that are going to raise ethanol yields and increase fermentation efficiency.

In coming years, shifting customer tastes toward high-quality bakery goods help the fresh yeast market continue to rise. New product innovations are driving continuous industrial evolution in the baking sector. Fresh yeast consumption is projected to rise in tandem with rising customer preference for healthier baking items. Growing expenditures on research to create newer yeast strains that improve the product's processing efficiency are driving market expansion.

Over the past few years, several bakery items, including bread, cakes, pizzas, and biscuits, have become more popular. The need for fresh yeast in the bakery sector is increasing due to the growing tendency to eat out and sample different foods including pizza, creative bread types, and biscuits.

The growing need for fresh yeast across all bakeries is driven by the rising popularity of bakery sweets including cakes, pastries, and other items. To bolster their product range and support the projected expansion of the market in coming years, top manufacturers are investing in R&D activities.

Report Attribute	Detail
Fresh Yeast Market Size (2024E)	US$ 7.64 Billion
Forecasted Market Value (2034F)	US$ 14.86 Billion
Global Market Growth Rate (2024 to 2034)	6.9% CAGR
North America Market Value (2024E)	US$ 1.83 Billion
Mexico Market Value (2034F)	US$ 718.9 Million
Animal Feed and Pet Food Segment Growth Rate (2024 to 2034)	6.9% CAGR
United States Market Value (2034F)	US$ 1.65 Billion
Key Companies Profiled	Koninklijke DSM N.V.; Associated British Foods plc; Lallemand Inc.; Oriental Yeast India Pvt Ltd.; Leiber GmbH; Chr. Hansen Holding A/S; Kerry Group Plc; Ohly GmbH & Co. KG; AB Mauri Foods, Inc.; Fadayeast.Com; AGRANO Gmbh & Co. KG; Lesaffre International; Kothari Fermentation and Biochem; Ltd.; Angel Yeast (Chifeng) Co., Ltd.;

What is Making the Market Grow Significantly?

“Established and Growing Bakery Industry Driving Demand for Fresh Yeast”

Globally, the bakery business is growing significantly, particularly in potentially high growth countries, due to factors including urbanization and shifting customer preferences. The need for yeast, a necessary component for baking bread, is increasing due to this development. Bread gets its proper texture through fermentation, which is facilitated by leavening agent yeast. The growing need for quick and inexpensive food choices, such as packaged bread and pastries, is increasing the demand for yeast in potentially high growth countries.

The yeast market is influenced by the expansion of the bakery business, as shown by statistics from Agriculture Canada, which shows that bread sales in the United States increased from USD 23,541 million in 2018 to USD 30,018 million in 2022. This significant rise in bread consumption, especially in the United States market, is a reflection of shifting dietary patterns and consumer preferences.

The need for yeast, a crucial component in bread-making, rises in tandem with the fact that bread is still a staple diet for several people. Since yeast is a necessary leavening agent during the fermentation of bread, which affects the finished product's texture and flavor, an increase in bread sales is directly correlated with an increase in the requirement for yeast.

As bakeries strive to stay up to customer expectations, yeast manufacturers are well-positioned to profit from this trend by increasing their production capabilities. Sales of bread are increasing, and as long as people continue to view baked products as a quick and filling meal alternative, the yeast market will continue to gain from the growth of the bakery sector, subsequently leading to increasing fresh yeast market growth.

“Competitors Making Team to Fetch Benefits in Market”

Strategic alliances and partnerships between producers of feed, food and beverage products, yeast, and other applications provide a special chance to create formulas and solutions that are specifically suited to certain requirements. Collaborating with industry-leading yeast supplier White Labs to produce GENE-UP BREWPRO Yeast Slurry (YS) in October 2023 is an example of utilizing experience from both sides resulting in the development of unique goods. To guarantee top-notch fermentations, this innovative diagnostic quality control PCR test is made to identify impurities in raw yeast materials and yeast propagations.

Through these partnerships, cutting-edge technology, including molecular diagnostics, is to be included in the production process to help detect pollutants and spoiling issues early on. In addition to improving operational effectiveness and reducing waste, this also fortifies quality control procedures and guarantees product uniformity and flavor characteristics. Through the resolution of issues at different phases of manufacturing, these partnerships maintain the integrity of the product, reputation of the brand, and confidence of consumers, offering a noteworthy prospect for expansion within the yeast industry, and thereby contributing to expanding fresh yeast market size.

Which Factors are Negatively Affecting the Market?

“Fluctuation in Availability of Raw Materials Hampering Market”

Due to variances in raw materials, fermentation conditions, and strain characteristics, the yeast industry presents substantial difficulty in guaranteeing consistent product quality and performance. The content and quality of raw materials, such as sugar or molasses, are going to vary depending on seasonal fluctuations and geographic origin. This is altering the availability of nutrients, which in turn affects the development and productivity of yeast during fermentation. Furthermore, variations in temperature, pH, and oxygen levels during fermentation is affecting the metabolism of yeast and the characteristics of the final product, resulting in variations in flavor and fragrance.

Unpredictable fermentation results and product quality is arising from variations in strain characteristics, which are attributed to either microbial contamination or genetic changes. Strict quality control procedures, such as the selection of resilient yeast strains, fermentation process optimization, and supplier cooperation to guarantee a steady supply of premium raw materials, are necessary to meet these obstacles. Through the use of these tactics, producers of yeast are endeavoring to provide dependable and superior goods that satisfy their clientele and sustain their competitive edge in the industry.

Country-wise Analysis

The market is poised to grow around the world as consumers love tastes and different flavors of yeast introduced by suppliers in the market. Some of the major countries contributing to this market include the United States, China, Canada, Mexico, and South Korea. The United States market is approximated to hold a significant fresh yeast market share.

What is Making the Market Bullish in the United States?

“Presence of People of Several Races Coupled With Established Food Industry”

Attribute	United States
Market Value (2024E)	US$ 813.1 Million
Growth Rate (2024 to 2034)	7.3% CAGR
Projected Value (2034F)	US$ 1.65 Billion

The growing variety of population and well-established food sector are two reasons for positive feelings in the United States market. Multicultural societies encourage creativity and innovation, which opens up new economic options and increases customer demand for a variety of goods. Growth is fueled by variety in several industries, most notably food, where ethnic cuisines are becoming very well-loved.

To improve their market position, well-established food firms are changing by embracing these trends. An increasing population also encourages economic growth, which raises investor confidence and improves the outlook for the market. These elements work in concert to produce a strong environment for economic growth.

Which Factors are Generating Prospects for Manufacturers in China?

“Coffee Culture in China Driving Sales of Fresh Yeast”

Attribute	China
Market Value (2024E)	US$ 837.5 Million
Growth Rate (2024 to 2034)	6.9% CAGR
Projected Value (2034F)	US$ 1.63 Billion

Growing coffee culture in China is a major factor driving the profitability of yeast providers. Demand for fresh yeast, which is necessary to make baked products and pastries that are often consumed with coffee, is rising along with coffee. As bakeries and cafés look for premium yeast to satisfy customer desires for fresh, handcrafted goods, this trend is resulting in higher fresh yeast sales.

Demand is further increased by the rising popularity of home baking, which is driven by social media and changes in lifestyle. To remain profitable in the cutthroat market, suppliers are taking advantage of this change by improving their products and opening up new distribution channels.

Category-wise Evaluation

The market is segmented into several categories including the nature of yeast and different end uses including food, animal feed, and beverages.

Which Nature of Yeast is Widely Sold Globally?

“Conventional Yeast is Prominently Demanded by End Users”

Attribute	Conventional
Segment Value (2024E)	US$ 5.56 Billion
Growth Rate (2024 to 2034)	6.8% CAGR
Projected Value (2034F)	US$ 10.72 Billion

Conventional yeast is demanded more due to its versatility and widespread use in baking, brewing, and fermenting processes. It is a reliable choice among several consumers and businesses, making it a popular option in the global market. Conventional yeast is often preferred for its consistent performance and ease of use in several applications, contributing to its wide availability and sales across regions.

For Which End Use Yeast is Widely Consumed?

“Widespread Consumption of Fresh Yeast in the Food Industry”

Attribute	Food
Segment Value (2024E)	US$ 4.82 Billion
Growth Rate (2024 to 2034)	6.9% CAGR
Projected Value (2034F)	US$ 9.38 Billion

The food industry is primarily using fresh yeast for several purposes, including baking, fermentation, and flavor enhancement. Fresh yeast is in high demand among consumers and food businesses due to its ability to leaven bread, enhance the texture of baked goods, and contribute to the unique flavors of fermented foods and beverages. Its versatility and natural properties make it a highly sought-after ingredient in several culinary applications, driving its widespread use within the food industry; as a result, it is becoming a new fresh yeast market trend.

Business Competition

Key players in the fresh yeast market are focusing on introducing new products including feed yeast and nutritional yeast.

• In 2023, AB Vista, one of the world’s leading yeast manufacturers, announced the development of a new yeast strain that is more efficient at producing ethanol from corn.
• In 2023, Lallemand Biofuels, a subsidiary of Lallemand Inc., announced the launch of a new yeast strain that is more tolerant to high temperatures and is used to produce bioethanol from a variety of feedstock.
• In 2022, Lesaffre, a leading yeast manufacturer, launched a new line of organic yeast products for the bakery industry.

Fact.MR provides detailed information about price points of key players in the fresh yeast market positioned across world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Segmentation of Fresh Yeast Market Research

• By Nature :

  • Organic
  • Conventional

• By Type :

  • Bakers
  • Bi-ethanol
  • Feed
  • Wine
  • Brewer

• By Form :

  • Dry
  • Fresh
  • Instant

• By End-Use :

  • Food
  • Animal Feed & Pet Food
  • Beverages

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa