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

Global Yeast and Yeast Extract Market is segmented by Type (Baker’s Yeast, Brewer’s Yeast, and Distiller’s and Wine Yeast), Specialty Yeast by Type (Yeast Extracts and Autolysates), By Form (Fresh Yeast, Active Dry Yeast, and Instant Yeast), By Application (Food and Beverages, Feed Industry, Biofuel Industry, and Others), and Geography.

Market Snapshot

Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 9.11 %

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Market Overview

The gobal yeast and yeast extract market  is projected to grow at a CAGR of 9.11% during the forecast period (2020 - 2025).

  • The increasing demand from the end-user sectors, such as food and beverages, is significantly contributing to the growth of the yeast and yeast extracts market. There is a huge market for bakers yeast, as it is extensively used for enhancing the quality of bakery goods.
  • Moreover, the increasing demand for organic yeast offerings is one of the key trends in the yeast market. Organic food ingredients are gaining traction, owing to the health benefits associated with organic products. Several key vendors are launching organic yeast, for example, Biospringer (Lesaffre) launched Springer Organic Baker’s Yeast Extract in 2016. 

 

Scope of the Report

Global yeast and yeast extract market is segmented by type, Specialty Yeast by Type, form, application. On the basis of type, the market is segmented into baker’s yeast, brewer’s yeast, and distiller’s and wine yeast. On the basis of specialty yeast by type, the market is segmented into yeast extracts and autolysates. On the basis of form, the market is segmented into fresh yeast, active dry yeast, and instant yeast. On the basis of application, the market is segmented into food and beverages, feed industry, biofuel industry, and others. On the basis of geography, the study provides an analysis of the yeast and yeast extract market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

 

By Type
Baker's Yeast
Brewer's Yeast
Distiller's and Wine Yeast
Specialty Yeast By Type
Yeast Extracts
Autolysates
By Form
Fresh Yeast
Active Dry Yeast
Instant Yeast
By Application
Food and Beverages
Feed Industry
Biofuel Industry
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of Middle East & Africa

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Key Market Trends

Increasing Demand for Bakery Products

Currently, bread is a food staple in many cultures across the globe, which is majorly driving the demand for baker’s yeast, as bread is typically made from wheat flour dough and baker’s yeast. Moreover, packed baked goods, such as cake, are expected to witness significant demand in the upcoming years, owing to the rising preference for eating packed cakes as snack, mainly among children across the globe. Furthermore, bread and bakery product sales have been driven by the ongoing surge in demand for free-from ranges and speciality breads and the impact of inflation on retail prices, which is further driving the demand for baker’s yeast in bread and bakery product application.

yeast and yeast extract market1

North America holds the Major Market Share

North America is one of the leading regions in the global yeast and yeast extracts market, driven by robust demands for clean label ingredients and additives – flavors and flavor enhancers exhibiting clean taste and aroma are escalating the market growth of yeast and yeast extracts. In Europe, increasing demand for processed foods, coupled with increasing awareness about health conscious products is significantly propelling the growth of the bakers yeast market in the region, which is in turn, driving the growth of the market studied. Asia-Pacific market for yeast and yeast extracts is driven by growing consumption of baked goods and confectionery products. The potential for bio-ethanol yeast in this region is also promising given the evolving energy-mix of different economies. 

yeast and yeast extract market2

Competitive Landscape

Some of the major keyplayers in the yeast and yeast extracts market, globally includes ABF Group, Angel Yeast Co., BioSpringer, Chr. Hansen, DSM, Kerry Group, Kohjin Life Sciences, among 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 Force 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 Baker's Yeast

      2. 5.1.2 Brewer's Yeast

      3. 5.1.3 Distiller's and Wine Yeast

    2. 5.2 Specialty Yeast By Type

      1. 5.2.1 Yeast Extracts

      2. 5.2.2 Autolysates

    3. 5.3 By Form

      1. 5.3.1 Fresh Yeast

      2. 5.3.2 Active Dry Yeast

      3. 5.3.3 Instant Yeast

    4. 5.4 By Application

      1. 5.4.1 Food and Beverages

      2. 5.4.2 Feed Industry

      3. 5.4.3 Biofuel Industry

      4. 5.4.4 Others

    5. 5.5 Geography

      1. 5.5.1 North America

        1. 5.5.1.1 United States

        2. 5.5.1.2 Canada

        3. 5.5.1.3 Mexico

        4. 5.5.1.4 Rest of North America

      2. 5.5.2 Europe

        1. 5.5.2.1 United Kingdom

        2. 5.5.2.2 Germany

        3. 5.5.2.3 France

        4. 5.5.2.4 Russia

        5. 5.5.2.5 Italy

        6. 5.5.2.6 Spain

        7. 5.5.2.7 Rest of Europe

      3. 5.5.3 Asia Pacific

        1. 5.5.3.1 India

        2. 5.5.3.2 China

        3. 5.5.3.3 Japan

        4. 5.5.3.4 Australia

        5. 5.5.3.5 Rest of Asia-Pacific

      4. 5.5.4 South America

        1. 5.5.4.1 Brazil

        2. 5.5.4.2 Argentina

        3. 5.5.4.3 Rest of South America

      5. 5.5.5 Middle East & Africa

        1. 5.5.5.1 South Africa

        2. 5.5.5.2 Saudi Arabia

        3. 5.5.5.3 Rest of Middle East & 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 ABF Group

      2. 6.4.2 Angel Yeast Co.

      3. 6.4.3 BioSpringer

      4. 6.4.4 Chr. Hansen

      5. 6.4.5 Koninklijke DSM N.V.

      6. 6.4.6 Kerry Group

      7. 6.4.7 Kohjin Life Sciences

      8. 6.4.8 Lallemand Bio-Ingredients

      9. 6.4.9 Leiber GmbH

      10. 6.4.10 Synergy Flavors

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

**Subject to Availability

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Frequently Asked Questions

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

The Yeast and Yeast Extract Market is growing at a CAGR of 9.11% over the next 5 years.

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

North America holds highest share in 2020.

ABF Group, Angel Yeast Co., BioSpringer, Chr. Hansen, Koninklijke DSM N.V. are the major companies operating in Yeast and Yeast Extract Market.

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