Yeast Industry Size, Share & Growth | Industry Report 2030

• Posted by preeti mmr Aug 8 Filed in Other #Yeast Industry  #Yeast Industry Share  #Yeast Industry Size  #Yeast Industry Growth  20 views
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  Market Estimation & Definition

  The Yeast Industry, which consists of single-celled fungi such as Saccharomyces cerevisiae used in baking, brewing, nutrition, and industrial fermentation, was valued at USD 5.13 billion in 2023. It is projected to reach USD 9.75 billion by 2030, registering a CAGR of 9.61% during 2024–2030. Yeast plays a vital role in food processing, beverage manufacturing, and health supplements, making it a cornerstone ingredient in multiple industries.

  Market Overview

  The increasing trend and popularity of making baked items at home during the coronavirus pandemic has increased the sales of yeast products tremendously. The rising demand for yeast in the food & beverage industry is driving the global Yeast market. Yeast manufacturing companies in the global market are focusing on increasing the production of yeast due to the rising demand from consumers.

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  Market Trends

  Manufacturers developing synthetic yeast for industrial applications prove profitable

  Several studies and research are conducted across the world to launch new species of yeast. This species of yeast is instrumental in the usage of baking, winemaking, and brewing around the world. Manufacturers are also investing heavily in research and development to create new synthetic yeast chromosomes, which signal the advent of more nutritious food, improved processing efficiency, and less food waste. Synthetic yeast provides several commercial applications for the production of various chemicals, vaccines, and biofuels. It also provides new opportunities to design strains based on yeast genetics. Therefore, the synthetic version of yeast chromosomes opens up new and innovative possibilities, which impact the production of food.

  Growing cases of yeast infection to restrict Yeast market growth Higher exposure to yeast causes health concerns. Women on oral birth control pills or people who consume antibiotics regularly start growing yeast at a high rate which often leads to medical issues like mouth sores, bloating, gas, itchy rashes, bad breath, or deposition of a coating at the top of the tongue. It also causes other severe issues like irritation and itching in the vulva and the vagina, which is expected to limit the Yeast Market growth. For instance, candidiasis, a form of yeast-induced fungal infection is known to cause oral thrush, joint pain, digestive issues, and tiredness amongst many other health problems.

   

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  Regional Insight

  Europe accounted for the largest Yeast Market share and is expected to dominate the market over the forecast period. The processed food and bakery industries in the European region are witnessing significant growth due to the change in the lifestyles of consumers and an increase in disposable income levels. The European yeast market is witnessing significant growth due to the increase in consumption of processed food products, the rise in alcohol consumption, and awareness about the nutritive value of yeast. The market in the European Union is mainly concentrated on bread production applications. The increase in the consumption of cakes, bread, pastries, as well as alcoholic beverages has led to an increase in demand for yeast in European countries.

  Segmentation Analysis

  by Type

  Baker’s Yeast
  Brewer’s Yeast
  Probiotics Yeast
  Wine Yeast
  Other

  by Form

  Dry Yeast
  Instant Yeast
  Fresh Yeast

  by Application

  Food
  Feed
  Other

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  Leading Yeast Manufacturers include:

  1. Associated British Foods plc (U.K)
  2. White Labs (San Diego)
  3. Angel Yeast (China)
  4. Keliff's (Cleveland, Ohio)
  5. American International Foods, Inc. (Michigan)
  6. Cofalec (France)
  7. Lallemand Inc. (Canada)
  8. Lesaffre (France)
  9. Leiber GmbH (Germany)
  10. Novozymes (Denmark)
  11. Koninklijke DSM N.V. (The Netherlands)
  12. Kerry Group PLC (Ireland)
  13. Synergy Flavors (U.S.)
  14. Kothari Fermentation and Biochem Ltd. (India)
  15. Omega Yeast Labs LLC (US)
  16. Pak Group (U.S.)
  17. Oriental Yeast Co. Ltd. (Japan)
  18. BSG Craft Brewing (U.S.)
  19. London Dairy Co. Ltd (UK)
  20. Lantmännen Unibake (Denmark)

   

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