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Press Release:

Global Yeast Market to Grow at 8% During 2019-2024, Triggered by Demand from Food and Beverage Industry

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Yeast Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global yeast market exhibited moderate growth during 2015-2020. Yeast is a single-cell microorganism which can grow with or without oxygen. In the presence of oxygen, it converts sugar into energy, biomass and carbon dioxide. Whereas in the absence of oxygen, it does not grow efficiently, and the sugar is converted into intermediate by-products such as glycerol, ethanol and carbon dioxide. As it is a rich source of vitamins and high dietary proteins, it is commonly used in the production of food products including bread, cheese, vinegar, sourdoughs, and fermented meat and vegetables.

Yeast is widely employed in the food and beverage (F&B) industry for preparing alcoholic beverages, bakery items and ready-to-eat (RTE) food products. It is used for enhancing the quality, aroma, texture and flavor of the product, as well as for accelerating the fermentation process. Apart from this, the market is witnessing a rise in the demand for nutritional yeast, especially from the vegan population. It is incorporated as a condiment in different dishes since it has a nutty and cheesy flavor which helps in emulating the taste of cheese in vegan dishes, thickening the consistency of sauces and dressings, and providing a boost of nutrients. Furthermore, the increasing acceptance of bioethanol as an alternative fuel is strengthening the growth of the market, as it assists in reducing environmental pollution and minimizing crude oil consumption. Bioethanol can be produced using different types of feedstocks, including sucrose, starch, lignocellulosic and algal biomass through the process of fermentation by utilizing yeast. Looking forward, the global yeast market is expected to grow at a CAGR of around 5% during the forecast period (2021-2026).

IMARC Group’s latest report provides a deep insight into the global yeast market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the yeast market in any manner.

 Report Coverage:

  • Historical, Current and Future Market Trends
     
  • Market Breakup by Form:
    • Dry Yeast 
    • Instant Yeast
    • Fresh Yeast
    • Others
       
  • Market Breakup by Type:
    • Baker’s Yeast 
    • Brewer’s Yeast
    • Wine Yeast
    • Bioethanol Yeast
    • Feed Yeast
    • Others
       
  • Market Breakup by Application:
    • Food
      • Bakery
      • Alcoholic Beverages
      • Prepared Food
      • Others
    • Feed
    • Other Applications
       
  • Market Breakup by Region:
    • North America
    • Europe
    • Asia Pacific
    • Middle East and Africa
    • Latin America
       

Competitive Landscape:

The report has also analyzed the competitive landscape of the market with some of the key players being Associated British Foods, Lesaffre, Angel Yeast, Cargill, Chr. Hansen, Alltech, Lallemand, DSM, Nutreco, Kerry Group, Synergy Flavors, Archer Daniels Midland, Oriental Yeast Company, Diamond V, Pacific Ethanol, Leiber, etc.

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Yeast Market 
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Form 
    5.5    Market Breakup by Type  
    5.6    Market Breakup by Application 
    5.7    Market Breakup by Region  
    5.8    Market Forecast
6     Market Breakup by Form 
    6.1    Dry Yeast 
        6.1.1    Market Trends
        6.1.2   Market Forecast
    6.2    Instant Yeast 
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Fresh Yeast 
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Others 
        6.4.1    Market Trends
        6.4.2    Market Forecast
7    Market Breakup by Type
    7.1    Baker’s Yeast 
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Brewer’s Yeast 
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Wine Yeast 
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Bioethanol Yeast 
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Feed Yeast 
        7.5.1    Market Trends
        7.5.2    Market Forecast
    7.6    Others 
        7.6.1    Market Trends
        7.6.2    Market Forecast
8    Market Breakup by Application
    8.1    Food 
        8.1.1    Market Trends
        8.1.2    Major Applications
            8.1.2.1  Bakery
            8.1.2.2  Alcoholic Beverages
            8.1.2.3  Prepared Food
            8.1.2.4  Others
        8.1.3    Market Forecast
    8.2    Feed
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Others
        8.3.1    Market Trends
        8.3.2    Market Forecast
9    Market Breakup by Region
    9.1    North America 
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Europe 
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Asia Pacific
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Middle East and Africa
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Latin America
        9.5.1    Market Trends
        9.5.2    Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Associated British Foods
        13.3.2    Lesaffre
        13.3.3    Angel Yeast
        13.3.4    Cargill
        13.3.5    Chr. Hansen
        13.3.6    Alltech 
        13.3.7    Lallemand
        13.3.8     DSM
        13.3.9     Nutreco
        13.3.10      Kerry Group
        13.3.11      Synergy Flavors
        13.3.12      Archer Daniels Midland
        13.3.13      Oriental Yeast Company
        13.3.14      Diamond V
        13.3.15       Pacific Ethanol
        13.3.16       Leiber

List of Figures

Figure 1: Global: Yeast Market: Major Drivers and Challenges
Figure 2: Global: Yeast Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Yeast Market: Breakup by Form (in %), 2020
Figure 4: Global: Yeast Market: Breakup by Type (in %), 2020
Figure 5: Global: Yeast Market: Breakup by Application (in %), 2020
Figure 6: Global: Yeast Market: Breakup by Region (in %), 2020
Figure 7: Global: Yeast Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Yeast Industry: SWOT Analysis
Figure 9: Global: Yeast Industry: Value Chain Analysis
Figure 10: Global: Yeast Industry: Porter’s Five Forces Analysis
Figure 11: Global: Yeast (Dry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Yeast (Dry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Yeast (Instant) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Yeast (Instant) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Yeast (Fresh) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Yeast (Fresh) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Yeast (Other Forms) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Yeast (Other Forms) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Yeast (Baker’s) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Yeast (Baker’s) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Yeast (Brewer’s) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Yeast (Brewer’s) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Yeast (Wine) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Yeast (Wine) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Yeast (Bioethanol) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Yeast (Bioethanol) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Yeast (Feed) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Yeast (Feed) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Yeast (Other Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Yeast (Other Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Yeast (Food) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Yeast (Food) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Yeast (Feed) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Yeast (Feed) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Yeast (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Yeast (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Yeast Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: North America: Yeast Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Europe: Yeast Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Europe: Yeast Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Asia Pacific: Yeast Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Asia Pacific: Yeast Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Middle East and Africa: Yeast Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Middle East and Africa: Yeast Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Latin America: Yeast Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Latin America: Yeast Market Forecast: Sales Value (in Million US$), 2021-2026

List of Tables

Table 1: Global: Yeast Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Yeast Market Forecast: Breakup by Form (in Million US$), 2021-2026
Table 3: Global: Yeast Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 4: Global: Yeast Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Yeast Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Yeast Market: Competitive Structure
Table 7: Global: Yeast Market: Key Players

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Key Question Answered in this Report

According to the estimates by IMARC Group, the global yeast market is expected to witness a CAGR of 5% from 2021 to 2026.

The rising utilization of yeast in the baking industry, coupled with the growing consumer health awareness towards the nutritional benefits of inactivated yeast in dietary supplements, are some of the key drivers augmenting the global yeast market growth.

The increasing environmental concerns towards the depletion of conventional fuels have propelled the utilization of yeast in producing ethanol in the biofuel industry, which is one of the key trends in the global yeast market.

The global yeast market had experienced a negative growth due to the sudden outbreak of the COVID-19 pandemic as stringent lockdowns across several nations have led to raw material shortages and uncertainty in supply chains particularly in the bakery, animal feed, and biodiesel sectors.

On the basis of the type, the market has been bifurcated into baker’s yeast, brewer’s yeast, wine yeast, bioethanol yeast, feed yeast, and others. Currently, baker’s yeast holds the majority of the total market share.

On the basis of the application, the market has been divided into food, feed, and other applications. Among these, food represents the largest segment.

Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Europe dominates the global market.

The key companies in the global yeast market are Associated British Foods, Lesaffre, Angel Yeast, Cargill, Chr. Hansen, Alltech, Lallemand, DSM, Nutreco, Kerry Group, Synergy Flavors, Archer Daniels Midland, Oriental Yeast Company, Diamond V, Pacific Ethanol, Leiber, etc. 

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