Global Yeast Market to Grow at 6.6% During 2025-2033, Triggered by Demand from Food and Beverage Industry

December 09, 2024 | Food & Beverages

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According to the latest report by IMARC Group, titled “Yeast Market Report by Form (Dry Yeast, Instant Yeast, Fresh Yeast, and Others), Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, and Others), Application (Food, Feed, and Others), and Region 2025-2033”, the global yeast market size reached USD 7.8 Billion in 2024. Yeast is a single-celled fungus that is used in the production of bread, beer and wine. It is responsible for leavening the dough and imparting fermentation to the product. Among the different types of yeast, commercial yeast, also known as Saccharomyces Cerevisiae, is the most widely used and consists of 50 percent protein with high amounts of vitamins B1, B2, niacin, and folic acid. It is also added as a savory seasoning in a wide variety of vegan dishes, such as pasta, vegetables, and salads, for imparting a nutty and cheesy flavor.

Global Yeast Market Trends:

The increasing consumption of bakery products has led to a rise in the demand for yeast. Furthermore, the growing awareness about the high nutrient content and health benefits of inactivated nutritional yeast has escalated its sales as a dietary supplement. Its consumption is widely known to boost energy levels, support the immune system, promote skin, hair and nail growth, and improve glucose sensitivity. Besides its food applications, yeast is also utilized in the non-food sectors. It is employed for producing ethanol in the biofuel industry and plays a crucial role in environmental applications like bioremediation and removal of heavy metals from wastewater. Moreover, the ongoing research and development (R&D) activities have led to the introduction of novel capabilities to produce new yeast products, extend substrate range, as well as increase its scope of application in food ingredients and additives. This is anticipated to provide vast opportunities to the market players in the upcoming years. Looking forward, IMARC Group expects the market value to reach USD 13.9 Billion by 2033, exhibiting a CAGR of 6.6% during 2025-2033.

Market Summary:

Based on the form, the market has been segmented as dry, instant, fresh and other forms of yeasts.
On the basis of the type, the market has been segregated into baker’s, brewer’s, wine, bioethanol, feed and others.
The market has been categorized based on the application into food, feed and others. Food application is further divided into bakery, alcohol beverages and prepared food.
Region-wise, the market has been classified into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the market has also been examined with some of the key players being Associated British Foods Plc, Lesaffre & CIE, Angel Yeast Co., Ltd, Cargill, Incorporated, Chr. Hansen A/S, Alltech Group, Lallemand Inc., Koninklijke DSM N.V., Nutreco N.V., Kerry Group plc, Synergy Flavors, Inc., The Archer Daniels Midland Company, Oriental Yeast Company Limited, Diamond V Mills, Inc. (Diamond V), Pacific Ethanol, Inc. and Leiber GmbH.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Form, Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Associated British Foods Plc, Lesaffre & CIE, Angel Yeast Co., Ltd, Cargill, Incorporated, Chr. Hansen A/S, Alltech Group, Lallemand Inc., Koninklijke DSM N.V., Nutreco N.V., Kerry Group plc, Synergy Flavors, Inc., The Archer Daniels Midland Company, Oriental Yeast Company Limited, Diamond V Mills, Inc. (Diamond V), Pacific Ethanol, Inc. and Leiber GmbH
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Yeast Market to Grow at 6.6% During 2025-2033, Triggered by Demand from Food and Beverage Industry

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