Yeast Market
Yeast Market Study by Brewer’s Yeast, Baker’s Yeast, Wine Yeast, and Probiotic Yeast in Instant, Fresh, and Active Form from 2024 to 2034
Analysis of Yeast Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Yeast Market Outlook (2024 to 2034)
The global yeast market is anticipated to reach a valuation of US$ 5.39 billion in 2024. As per this new Fact.MR industry analysis, worldwide sales of yeast are forecast to rise at a CAGR of 8.7% and reach US$ 12.42 billion by 2034.
Yeast is one of the most versatile microbes and has high applications in food & beverages, and pharmaceuticals. Yeast is composed of minerals such as selenium, copper, chromium, zinc, and protein. Yeast can enhance the fermentation process, and because of this, it is widely used in bakery products such as breads, doughnuts, and croissants. Yeast is also known as the most consistent fermenting agent globally. Growing consumption of bakery products across the world is directly influencing the sales of yeast. Furthermore, yeast is used as a biofuel in the biotechnology and pharma industries.
Rising demand for plant-based protein products and the veganism trend are driving the demand for nutritional yeast products. Organic and specialty markets are driving the demand for enriched yeast extracts. The integration of advanced manufacturing techniques is one of the notable yeast market trends.
North America is a huge market for bakery products. High consumption of bakery food items is increasing the demand for yeast derivatives. The expanding pharma industry is also contributing to the yeast market growth in North America.
- The North American yeast market is forecast to reach US$ 3.01 billion by 2034.
East Asia is witnessing several developments in the food and beverage industry, from manufacturing, and processing, to packaging. Jiuqu is a type of yeast used to make alcohol such as baijiu (distilled spirits), huangjiu (cereal wine), and jiuniang (alcoholic rice pudding) in East Asia.
- East Asia is expected to capture 22.4% of the global yeast market share in 2024.
| Report Attribute | Detail |
|---|---|
| Yeast Market Size (2024E) | US$ 5.39 Billion |
| Forecasted Market Value (2034F) | US$ 12.42 Billion |
| Global Market Growth Rate (2024 to 2034) | 8.7% CAGR |
| South Korea Market Value (2034F) | US$ 662.8 Million |
| Brewer's Yeast Demand Growth (2024 to 2034) | 9% CAGR |
| Key Companies Profiled | Associated British Foods Plc.; Angel Yeast (Chifeng) Co., Ltd.; Archer Daniels Midland Company; Koninklijke DSM N.V.; Lallemand Inc.; AB Mauri Foods, Inc.; Ohly GmbH & Co. KG; Fadayeast.Com; Chr. Hansen Holding A/S; Kerry Group Plc.; White Labs; Leiber GmbH; Shandong Bio Sunkeen Co., Ltd.; AGRANO Gmbh & Co. KG; Lesaffre International; Oriental Yeast India Pvt Ltd.; Kothari Fermentation and Biochem Ltd. |
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Comparative Analysis of Adjacent Markets
Nutritional Yeast Market
| Attribute | Details |
|---|---|
| CAGR (2024 to 2034) | 8.8% |
| Growth Factors | Rising health and wellness trend boosting demand for nutritional yeast-based food products. |
| Future Opportunities | Growing awareness of health benefits associated with use of nutritional yeast such as gluten-free, fat-free, low calories, and sugar-free, expected to drive its sales over the coming years. |
Feed Yeast Market
| Attribute | Details |
|---|---|
| CAGR (2024 to 2034) | 6.3% |
| Growth Factors | Feed yeast widely used for intestinal flora's balance and to lessen digestive issues in animals. |
| Future Opportunities | Constant R&D efforts to enhance yeast strains to result in development of productive feed yeast products. |
Which Market Trends are Leading to Rising Consumption of Yeast?
“Yeast Finding High Application in Ethanol Production”
Yeast is a natural fermenting agent that can convert sugar from biomass sources such as sugarcane, corn, or cellulosic materials into ethanol. For several years, yeast has been used in alcohol production, particularly in brewery and wine industries. Yeast keeps the distillation cost low and leads to high ethanol yield.
Nowadays, yeast is used to obtain fuel ethanol from renewable energy sources. Effective yeast strains to produce ethanol from various types of sugars are Pichia stipitis (NRRL-Y-7124), Kluyveromyces fagilis (Kf1), and S. cerevisiae (RL-11). S. cerevisiae can tolerate a wide range of pH, which makes it vital in industrial ethanol production. Baker's yeast also exhibits traditional use in ethanol production due to its easy availability and low cost.
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What Do Yeast Manufacturers Need to Watch Out For?
“Allergic Concerns and Presence of Alternatives Lowering Adoption of Yeast”
The allergenic potential of yeast can hamper its sales growth. Rising awareness of food allergies can impact the use of yeast in food and beverages. Furthermore, the growing regulations on clean-label marketing can also deter consumers from purchasing yeast-based products. Negative public perceptions further hamper the consumption of yeast-based products. These factors are also driving the importance of alternatives. People may opt for yeast alternatives such as yogurt, lemon juice, or sourdough.
Start-up Ecosystem
- Smart Yeast is a Brazil-based start-up that focuses on R&D in the fermentation process for distilled spirits, alcoholic beverages, and kombucha. The company’s SmartGO! Yeast Nutrient capsules aid with the nutritional deficiencies of fermentation.
- United States-based start-up Berkeley Yeast offers yeast strains for winemakers and brewers. The yeast strain offered by Berkeley Yeast comes in flavors such as mango, lemon, geranium, and pineapple.
- Lachancea, a United States-based start-up, offers lactic acid yeasts produced from selected bees and wasps that allow brewers to make aged sour beers.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Country-wise Analysis
The United States is estimated to hold 44.5% of the North American market share in 2024. Presence of key market players and the existence of strong end-use industries such as pharma and food & beverages are contributing to the increasing sales of yeast in the United States.
What is the Sales Outlook for Yeast in the United States?
“Veganism Trend Driving Demand for Plant-based Yeast Extracts”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 573.6 Million |
| Growth Rate (2024 to 2034) | 9.1% CAGR |
| Projected Value (2034F) | US$ 1.37 Billion |
The United States is home to the world's biggest pharmaceutical and food & beverage companies. The growing trend of sustainability and veganism is increasing the demand for plant-based food products, including those made from plant-based yeast extracts. Yeast is a vital ingredient in bioethanol production. The rising demand for yeast is driving manufacturers’ attention to exploring innovative techniques to harness yeast from sustainable production methods.
Why is Yeast Consumption So High in Japan?
“Yeast Widely Used in Japanese Food Products such as Soy Sauce and Miso”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 349.1 Million |
| Growth Rate (2024 to 2034) | 9.2% CAGR |
| Projected Value (2034F) | US$ 843.6 Million |
Japan’s sizeable population makes for high consumption of bakery products. This is supporting yeast sales growth in Japan. The Japanese also make wide use of miso and soy sauce in their foods. Yeast is used in the production of these products. Thus, the cultural component is boosting the adoption of yeast in Japan.
Category-wise Analysis
Baker's yeast is projected to hold 37.1% of the global market share by 2034. This is attributed to its high use in bakery products. Brewer’s yeast is also expected to exhibit high demand throughout the forecast period due to the rising consumption of beers and other alcoholic beverages. Demand for brewer’s yeast is foreseen to increase at a CAGR of 9% from 2024 to 2034.
Which Type of Yeast is Most Widely Consumed?
“Baker's Yeast Heart & Soul of Bakery Products”
| Attribute | Baker's Yeast |
|---|---|
| Segment Value (2024E) | US$ 1.96 Billion |
| Growth Rate (2024 to 2034) | 8.9% CAGR |
| Projected Value (2034F) | US$ 4.6 Billion |
Baker's yeast is the topmost ingredient in the bakery world. Bread is a staple food in many regions across the globe and yeast is a main ingredient in bread making. Other than that baker's yeast is used in the fermentation process of pizza base, doughnuts, and pastries. High commercial production of bread is supporting the sales of baker’s yeast. Thus, the increasing consumption of bakery products is directly boosting the sales of baker’s yeast.
Why is Fresh Yeast Preferred Globally?
“Fresh Yeast Key Ingredient in Manufacturing of Beer, Wine, and Whiskey”
| Attribute | Fresh Yeast |
|---|---|
| Segment Value (2024E) | US$ 3.42 Billion |
| Growth Rate (2024 to 2034) | 8.8% CAGR |
| Projected Value (2034F) | US$ 7.93 Billion |
Fresh yeast is also called compressed yeast or cake yeast. The fresh yeast is a mixture of water and yeast. The life of fresh yeast is short and needs to be refrigerated. The use of fresh yeast is increasing in beverages. Alcoholic beverages such as beer and wine are widely consumed across the globe and fresh yeast is exhibiting high usage in their fermentation process.
Competitive Landscape
Key players in the yeast industry are focused on the production of innovative yeast strains. They are also employing marketing strategies such as mergers, acquisitions, collaborations, and geographical expansion to increase their profit shares and market reach.
- In June 2023, Fermentis launched a new yeast strain, 'SafŒno™ FV 19'. This yeast strain helps winemakers meet the rising demand for smooth and fruity red wines.
- In February 2022, Bragg introduced Flavored Nutritional Yeast Seasonings. The company launched its first flavored nutritional yeast flake in the United States. The nutritional yeast seasonings are available in two flavors smoky BBQ and roasted garlic.
- In 2022, Angel Yeast announced the launch of Premium Dry Yeast at an event called ‘Bakery China’.
Fact.MR provides detailed information about the price points of key producers of yeast positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Key Segments Covered in Yeast Market Research
-
By Type :
- Brewer’s Yeast
- Baker’s Yeast
- Wine Yeast
- Probiotic Yeast
-
By Form :
- Instant
- Fresh
- Active
-
By Application :
- Food & Beverages
- Bioethanol
- Pharmaceuticals
- Feed
- Others
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Type 6.2. Form 6.3. Application 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type 7.1. Brewer’s Yeast 7.2. Baker’s Yeast 7.3. Wine Yeast 7.4. Probiotic Yeast 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form 8.1. Instant 8.2. Fresh 8.3. Active 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 9.1. Food & Beverages 9.2. Bioethanol 9.3. Pharmaceuticals 9.4. Feed 9.5. Others 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. East Asia 10.6. South Asia & Pacific 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Type, Form, Application, and Region for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Associated British Foods Plc. 20.2. Angel (Chifeng) Co., Ltd. 20.3. Archer Daniels Midland Company 20.4. Koninklijke DSM N.V. 20.5. Lallemand Inc. 20.6. AB Mauri Foods, Inc. 20.7. Ohly GmbH & Co. KG 20.8. Fadayeast.Com 20.9. Chr. Hansen Holding A/S 20.10. Kerry Group Plc. 20.11. White Labs 20.12. Leiber GmbH 20.13. Shandong Bio Sunkeen Co., Ltd. 20.14. AGRANO Gmbh & Co. KG 20.15. Lesaffre International 20.16. Oriental India Pvt Ltd. 20.17. Kothari Fermentation and Biochem Ltd. 21. Assumptions and Acronyms Typed 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Form, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Form, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by Type, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Form, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Form, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by Type, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by Type, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Form, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Form, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by Type, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by Type, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Form, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Form, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by Application, 2024 to 2034
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- FAQs -
How big is the yeast industry in 2024?
The global yeast market is approximated at a value of US$ 5.39 billion in 2024.
How much will the sales of yeast reach by 2034?
Worldwide sales of yeast are forecasted to reach US$ 12.42 billion by 2034.
What is the estimated demand growth for yeast?
Demand for yeast is calculated to rise at a CAGR of 8.7% from 2024 to 2034.
Which is the key regional market for yeast manufacturers?
The North American market is estimated at a size of US$ 1.28 billion in 2024.
How is the market for yeast faring in South Korea?
The South Korea market is evaluated at US$ 268.2 million in 2024.
Which type of yeast is most widely demanded?
Baker’s yeast sales are projected to increase at a CAGR of 8.9% through 2034.
Who are the top producers of yeast?
Key market players are Archer Daniels Midland Company, Koninklijke DSM N.V., Lallemand Inc., AB Mauri Foods, Inc., and Ohly GmbH & Co. KG.
Which are the 4 types of yeast?
Some of the types of yeast are brewer’s yeast, baker’s yeast, wine yeast, and probiotic yeast.
Which country is the leading exporter of yeast?
China is one of the leading exporters of yeast in the world.
Why is yeast so famous?
Yeast is a crucial ingredient for baking bread, brewing beer, and making wine.
Yeast Market