Yeast Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

The yeast market share is expected to increase by USD 6.94 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 9.02%.

This yeast market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers yeast market segmentation by application (food and beverage and feed and other yeast application), geography (Europe, APAC, North America, South America, and MEA), and type (baker's yeast, brewer's yeast, feed yeast, bio-ethanol yeast, and other yeast). The yeast market report also offers information on several market vendors, including AB Mauri Ltd., Alto Ingredients Inc., AngelYeast Co. Ltd., Associated British Foods Plc, Chr. Hansen Holding AS, Heilongjiang Jiuding Yeast Co. Ltd., Lallemand Inc., Lesaffre and Cie, Oriental Yeast Co. Ltd., and Pak Group among others.

What will the Yeast Market Size be During the Forecast Period?

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Yeast Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The product launches of food and beverages using yeast varieties are notably driving the yeast market growth, although factors such as fluctuation in prices of raw material for yeast products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the yeast industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Yeast Market Driver

One of the key factors driving growth in the yeast market is the product launches of food and beverages using yeast varieties. The yeast market is growing due to an increase in the demand for end-use sectors. The market is driven by high demand for specialized yeast, which is used to improve the quality of food and beverages. Yeast is used to accelerate the fermentation process in edibles, thereby imparting improved aroma, flavor, and texture to the product. Thus, many players are launching food and beverages using yeast varieties.

Key Yeast Market Challenge

The fluctuation in prices of raw materials for yeast products will be a major challenge for the yeast market during the forecast period. The prices of raw materials for yeast products are often volatile, which further results in uncertainty in the global yeast market. Beet and cane molasses are the major substrates used in yeast production plants. Hence, fluctuation in prices of beet and cane molasses (depending on their use in other industrial applications like animal feeding and bio-ethanol production) impacts the yeast market. Yeast also grows primarily on sugar substrates like sugar syrups. Thus, an increase in the overall cost of sugar has a direct impact on the prices of yeast products. The rising price of raw materials is one of the biggest challenges for the global yeast market.

This yeast market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Yeast Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

• AB Mauri Ltd.
• Alto Ingredients Inc.
• AngelYeast Co. Ltd.
• Associated British Foods Plc
• Chr. Hansen Holding AS
• Heilongjiang Jiuding Yeast Co. Ltd.
• Lallemand Inc.
• Lesaffre and Cie
• Oriental Yeast Co. Ltd.
• Pak Group

This statistical study of the yeast market encompasses successful business strategies deployed by the key vendors. The yeast market is fragmented and the vendors are deploying growth strategies such as product launches, mergers & acquisitions, joint ventures, and R&D activities to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The yeast market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Yeast Market?

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31% of the market’s growth will originate from Europe during the forecast period. France and Germany are the key markets for yeast in Europe. Market growth in this region will be faster than the growth of the market in the North American and South American regions.

The rising awareness regarding the use of yeast and its derivative due to its clean label status will facilitate the yeast market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Yeast Market?

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The yeast market share growth by the food and beverages segment will be significant during the forecast period. The global yeast market in the food and beverage sector is growing at a fast pace and is expected to retain this during the forecast period due to the high demand for specialized yeast to improve the quality of food and beverages. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the yeast market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Yeast Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive yeast market growth during the next five years
• Precise estimation of the yeast market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the yeast industry across Europe, APAC, North America, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of yeast market vendors

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