Global Yeast and Yeast Ingredients Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global yeast ingredients market is segmented by Type into Yeast Extracts, Yeast Autolysates, Yeast Beta-Glucan, Yeast Derivatives, and Others; by Application into Food and Beverages, Pharmaceuticals, Feed and Pet Foods, and Others; and by Geography

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 7.8 %

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Market Overview

The global yeast ingredients market is growing at a CAGR of 7.8% during the forecast period (2020-2025). 

  • The market is driven by the increased demand for processed food & beverages due to the rising effect of busy lifestyles in developing countries. In addition, its benefits in usage in other sectors have substantially boosted the demand for yeast ingredients. For pet food applications, yeast ingredients are used for making in-situ flavors, savory aroma, and enhance the taste, which results in increased palatability. Also, in developing countries, the yeast ingredients market is also evolving in response to the rapidly increasing demand for livestock products.
  • On the segmentation font by type, the yeast extract segment dominated the market, holding the largest share owing to the increase in consumer preference for savory food products and flavors. On the segmentation font by application, the yeast ingredients market is driven by the food and beverage segment, followed by the pharmaceutical sector.
  • However, one of the major factors restraining the global market is the shortage of basic raw material, with the demand coming from various sectors, due to molasses trading restrictions in the countries of Europe. Another reason for this shortage is the large threat for bio-fuel competition, as the prices of bio-fuels are high. 

Scope of the Report

Global yeast ingredients market is segmented by Type into yeast extracts, yeast autolysates, yeast Beta-Glucan, yeast derivatives, and others; by application into food and beverages, pharmaceuticals, feed and pet foods, and Others. The Food and Beverage segment is further bifurcated into bakery and confectionery, beverages and other segments. Also, the study provides an analysis of the yeast ingredients market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Type
Yeast Extracts
Yeast Autolysates
Yeast Beta-Glucan
Yeast Derivatives
By Application
Food &Beverages
Bakery & Confectionery
Beverages
Others
Pharmaceuticals
Feed & Pet Food
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa

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Key Market Trends

Rising Consumer Preferences For Bakery Goods

The bakery and confectionery sector has been witnessed with a significant growth, thus substantially boosting the yeast and yeast ingredients market globally. The convenience, accessibility and nutrition profile associated with them are the major factors of their sustenance in the modern market. Their significance as a major portion of diet has been prevalent in middle to lower income group countries. Bread has been a staple diet of many local cuisines worldwide and has shown a remarkable growth even during the period of global economic crisis. In addition, the rising trend of “Natural nutrition”, “healthy living” and “organic products” has significantly raised the consumers’ demand on whole wheat, light, natural and additive-free products. In recent years, the growth in sales of packaged, whole wheat, whole meal, gluten-free and natural products is an important indication of this new and healthy living sense.

Yeast & Yeast Ingredients Market1

Asia Pacific region to drive the market

The Asia-Pacific is witnessed to account for the largest share in the yeast and yeast ingredients market. The region is driven by the developing countries, such as India, and China, where China accounted for the major market of yeast ingredients in 2014. On account of these factors, the growth of the yeast ingredients market is projected to increase during the forecast period. The consumption of food & beverage products in the region is rising steadily, driven by the growing population, rising incomes, and increasing urbanization. All these factors support the growth of niche markets such as food ingredients, including yeast ingredients.

Yeast & Yeast Ingredients Market2

Competitive Landscape

The yeast ingredients market is highly competitive in nature having a large number of domestic and multinational players competing for market share and with innovation in products being a major strategic approach adopted by leading players. Additionally, merger, expansion, acquisition, and partnership with other companies are the common strategies to enhance the company presence and boost the market. The major players in global yeast and yeast ingredients market include Associated British Foods plc, DSM, Angel Yeast Co. Ltd, Lesaffre Yeast Corporation, and Lallemand Inc. amongst others. 

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Yeast Extracts

      2. 5.1.2 Yeast Autolysates

      3. 5.1.3 Yeast Beta-Glucan

      4. 5.1.4 Yeast Derivatives

    2. 5.2 By Application

      1. 5.2.1 Food &Beverages

        1. 5.2.1.1 Bakery & Confectionery

        2. 5.2.1.2 Beverages

        3. 5.2.1.3 Others

      2. 5.2.2 Pharmaceuticals

      3. 5.2.3 Feed & Pet Food

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 Germany

        4. 5.3.2.4 France

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Russia

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Associated British Foods plc

      2. 6.4.2 DSM

      3. 6.4.3 Angel Yeast Co. Ltd.

      4. 6.4.4 Lesaffre Yeast Corporation

      5. 6.4.5 Lallemand Inc.

      6. 6.4.6 Synergy Flavors

      7. 6.4.7 Sensient Technologies Corporation

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Global Yeast and Yeast Ingredients Market market is studied from 2016 - 2026.

The Global Yeast and Yeast Ingredients Market is growing at a CAGR of 7.8% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Associated British Foods plc, DSM, Angel Yeast Co. Ltd., Lesaffre Yeast Corporation, Lallemand Inc. are the major companies operating in Global Yeast and Yeast Ingredients Market.

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