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Yeast Market: By Nature (Organic and Synthetic), By Type (Instant Yeast, Active Dry Yeast, Fresh Yeast, Bread Yeast, and Others), By Form (Powder and Liquid), By Application (Bakery & Confectionary, Animal Feed, Beverages, Biofuel, Pharmaceutical, Nutritional Supplements, and Others), And By Regions – Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026

Covid-19

Global Yeast Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

Facts & Factors recently published a report on the global yeast market that encompasses all the market analytics and statistics. In this report, the market witnessed a market value of USD 7 Billion in 2020 and with growth at a CAGR of 6% is anticipated to reach USD 11 Billion by 2026.

logoMarket Overview

Yeast is a single-celled fungus that is a rich source of vitamin B, protein, and minerals including zinc, chromium, copper, etc. It is widely used in the food and beverage industry owing to its aroma, taste, texture, and ability to ferment the products. These fungi are present in sugary sources such as fruits and flowers as well as on plant surfaces or soils.

Yeast in the presence of oxygen is known to convert sugar into biomass, CO2, and energy whereas in the absence of oxygen it converts sugar into intermediate by-products such as ethanol, glycerol, and carbon dioxide. It is majorly used in the production of cheese, bread, fermented meat & vegetables, vinegar, and others.

Yeast Market

logoIndustry Growth Factors

During the COVID-19 pandemic, the rise in the interest in baking at home helped accelerate the sales of yeast across the globe. The yeast market is expected to thrive primarily due to its properties such as taste, aroma, fermentation, and texture. Also, the rising requirement for natural yeast among the vegan population will further fuel the market growth. The use of yeast not only for fermenting but also enhancing the consistency, cheesy or nutty flavor, and nutritional content will augment the distribution of yeast across the globe. Moreover, the adoption of bioethanol as an alternative fuel is expected to reduce the environmental impact & dependency on crude oils as well as bolster the market expansion over the forecast period.

The increasing penetration of manufacturers producing yeast owing to the rising consumer demand will further enhance the market growth. The growing requirement in the food & beverage industry is anticipated to fuel the global yeast market. The growing requirement for bakeries & confectionary items such as cookies, bread, cakes, etc. coupled with the changing lifestyle increases the sales of yeast products. The high consumption of packaged food across the globe drives the yeast market. The increasing sales of alcoholic beverages are generating market revenue for the yeast industry. The use of this single-celled fungus in probiotic food owing to the increasing awareness regarding health benefits will open new opportunities for the manufacturers.

The surging development of new synthetic yeast chromosomes for the production of vaccines, biofuels, chemicals, etc. will provide growth opportunities for the players. Stringent regulations imposed by regulatory bodies and government in various countries is hindering the market for products made from yeast, thus restraining the Yeast market. Also, the unavailability of suitable raw materials required in the production of a varied range of yeast types hampers the industry's growth. Further, shortage of raw materials is forecast to create supply-demand imbalances which restrain the growth of the market. 

logoSegmentation Analysis

The global yeast market is segmented based on nature, type, form, application, and regions.

The rising demand for organic yeast among the vegan population and plant-based alternatives owing to the surging health concerns helps the organic segment dominate the global yeast market. On the basis of type, the market is divided into instant yeast, active dry yeast, fresh yeast, bread yeast, and others. From these, the active dry yeast segment is projected to hold the highest market share owing to its longer shelf life, low production cost, and easy storage. By form, the yeast market is categorized into powder and liquid.

The global yeast market is classified into bakery & confectionery, animal feed, beverages, biofuel, pharmaceutical, nutritional supplements, and others based on application. Rising demand for baked items such as bread, cakes, sourdough, pizzas, etc. will augment the revenue of the bakery & confectionery segment over the forecast period. The high use of yeast in the bakery & confectionery segment owing to its texture, fermentation, aroma, and other properties further bolster the market growth.

logo Report Scope

Report Attribute

Details

Market Size in 2020

USD 7 Billion

Projected Market Size in 2026

USD 11 Billion

CAGR Growth Rate

6% CAGR

Base Year

2020

Forecast Years

2021-2026

Key Market Players

Oriental Yeast Co., Angel Yeast Co., Lesaffre Group, CHR Hansen Group, Associated British Foods plc., Alltech, Leiber Group, Lallemand, Inc., Levapan Group, and Biomin, and others.

Key Segment

By Nature, By Type, By Form, By Application, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logo Regional Analysis

North America accounts for the largest market share over the forecast period. The growing demand for wine and bakery products coupled with the rising investments in the food & beverage industry propels the market growth in this region. The Asia Pacific is anticipated to exhibit the highest growth owing to the changing lifestyle, variation in consumption patterns, rising demand for alcoholic beverages, and developments in the food industry.

logo Competitive Players

Key players participating in the global yeast market include Oriental Yeast Co., Angel Yeast Co., Lesaffre Group, CHR Hansen Group, Associated British Foods plc., Alltech, Leiber Group, Lallemand, Inc., Levapan Group, and Biomin, among others.

logo By Nature Segment Analysis

  • Organic
  • Synthetic

logo By Type Segment Analysis

  • Instant Yeast
  • Active Dry Yeast
  • Fresh Yeast
  • Bread Yeast
  • Others

logo By Form Segment Analysis

  • Powder
  • Liquid

logo By Application Segment Analysis

  • Bakery & Confectionary
  • Animal Feed
  • Beverages
    • Alcoholic Beverages
      • Wine
      • Beer
      • Whiskey
      • Vodka
      • Gin
      • Rum
      • Others
    • Non-Alcoholic Beverages
  • Biofuel
  • Pharmaceutical
  • Nutritional Supplements
  • Others

logo By Regional Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Covid-19

Yeast Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Oriental Yeast Co.
  • Angel Yeast Co.
  • Lesaffre Group
  • CHR Hansen Group
  • Associated British Foods plc.
  • Alltech
  • Leiber Group
  • Lallemand Inc.
  • Levapan Group
  • Biomin

Frequently Asked Questions

The factors propelling the growth of the global yeast market include rising consumption of bakery & confectionary product. Growing demand for organic yeast among the vegan population coupled with the use of yeast in the alcoholic beverages further propel the market growth.
According to Facts & Factors, global demand for yeast market is expected to generate revenue of around USD 11 Billion by end of 2026, growing at a CAGR of around 6% between 2021 and 2026.
North America accounts for the largest market share over the forecast period due to the high demand for wine and bakery products and the growing investments in the food & beverage industry.
The key players dominating the global yeast market include Oriental Yeast Co., Angel Yeast Co., Lesaffre Group, CHR Hansen Group, Associated British Foods plc., Alltech, Leiber Group, Lallemand, Inc., Levapan Group, and Biomin, among others.
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