Yeast Global Market is Expected to Reach $11.6 Billion by 2030: Growing Popularity of Natural Ingredients in Processed Foods Drives Demand

Dublin, April 17, 2023 (GLOBE NEWSWIRE) -- The "Yeast: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Yeast estimated at US$5.6 Billion in the year 2022, is projected to reach a revised size of US$11.6 Billion by 2030, growing at a CAGR of 9.4% over the analysis period 2022-2030.

Baker's Yeast, one of the segments analyzed in the report, is projected to record a 10.6% CAGR and reach US$5.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Brewer's Yeast segment is readjusted to a revised 9.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 12.3% CAGR

The Yeast market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 9.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.6 Billion by the year 2030.

Select Competitors (Total 111 Featured) -

• AB Mauri
• Angel Yeast Co., Ltd.
• Associated British Foods plc
• Biospringer
• Chr. Hansen A/S
• Kerry Group Plc
• Lallemand, Inc.
• Lesaffre Group
• Ohly GmbH
• Royal DSM N.V.
• Synergy Flavours Ltd
• Zeus IBA SRL

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
• Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
• World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
• Pandemic Impact on Snackfood and Bakery Market
• Weekly Bakery Sales in the US: March 2020
• Demand for Yeast for Home Baking Rises on Account of COVID-19 Lockdowns
• Packaging Limitations for Dried Yeast for the Retail Segment Highlighted by the Pandemic
• People in the US Sought Yeast-less Baking Recipes or Rationed Yeast
• Competitive Scenario
• Yeast - Global Key Competitors Percentage Market Share in 2022 (E)
• Yeast Competitor Market Share Scenario Worldwide (in %): 2020E
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Market Snapshots
• Global Market Prospects & Outlook
• Impact of Pandemic on Yeast Market
• Bread and Other Baked Products: Major Demand Growth Drivers
• Emerging Markets and New Products to Drive Growth
• Developed Markets Dominate Consumption, While Developing Countries Spearhead Growth
• Global Yeast Market - Geographic Regions Ranked by CAGR (Value Sales) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
• Lower Per Capita Consumption Offers Huge Market Potential in Developing Countries
• Europe Remains the Largest Region
• Asia: A Fast Emerging Market for Bread, and Yeast
• Affordability Factor Spurs Strong Demand for Pastries and Cakes
• Yeast: Product Overview
• Physico-Chemical Characteristics of Fresh and Dry Yeast (in Terms of Nitrogen Percentage in Dry Matter, Ashes Percentage in Dry Matter, pH (After Rehydration) and Dry Matter Percentage in Yeast
• Baker's Yeast - Nutritional Data of Fresh and Dry Baker's Yeast in Terms of Fats, Carbohydrates, Proteins, Minerals (as % in Dry Matter) and Vitamins (mg/100g) and Energy Value (as Kcal per 100g of Dry Matter)
• Common Types of Yeast
• Forms of Yeast
• Yeast Production Process
• Overview of Key End-Use Applications
• Recent Market Activity
• Select Innovations & Advancements
• Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Yeast Market: Key Market Trends, Long Term Drivers and Deterrents
• Popularity of Functional Bakery Products Augurs Well for Baker's Yeast
• How Yeast Contributes to Upliftment of Bakery Market?
• Sophisticated Lifestyles Elevate Alcoholic Beverage Consumption, Drive Yeast Demand
• Changing Consumer Preferences Boosting Innovations in Brewing Industry
• Better Yeasts for Better Winemaking
• H2S and EC Prevent Yeasts from Generating Widespread Interest in Wine Industry
• Boosting Yeast Biodiversity to Facilitate Production of Novel Flavors and Aromas in Beer
• Availability of Wide Range of Hops
• Growing Popularity of Natural Ingredients in Processed Foods Drives Demand for Yeast
• Surging Popularity of Probiotic Functional Foods: A Strong Case for Yeast Demand Growth
• World Functional Food Ingredients Market by Geographic Region - Annual Sales in US$ Million for Years 2021 and 2027
• Global Dietary Supplements Market Size (in US$ Billion) for the Years 2019, 2022 and 2025
• Customized Yeast Solutions: A Refreshingly New Product Differentiation Strategy
• Specialty Yeast Grows in Popularity to Make Cash Registers Ring
• Yeast Extracts Find Applications in Reducing Sodium Levels in Food Products
• Red Yeast Rice Attracting Negative Attention Due to Toxins and Side Effects
• Filtered Dates Extract: Potential for Replacing Molasses in Yeast Production
• Live Yeast Cultures in Animal Nutrition
• Continued Interests in Nutritional Practices
• Live Yeasts to Help Prevent Clinical and Sub-clinical Acidosis in Ruminants
• Live Yeast Cultures in Equine Nutrition for Alleviating Digestive Disturbances
• Live Yeast to Aid in the Health of Breeding, Lactating Mother Animals and Offsprings
• Yeast Production for Animal Feed
• World Animal Feed Additives Market by Geographic Region - Annual Sales in US$ Thousand for Years 2021 and 2027
• Lallemand's Titan Technology Ensures Probiotic Yeast Stability in Feed Processing
• Global Market for Probiotics in Animal Feed by Microbial Genus (in %) for 2020
• Global Animal Feed Enzymes Market Breakdown by Application (in %) for 2020
• Advancements and Innovation in the Yeast Market
• Yeast Innovation Delivers Unmatched Performance for Bioenergy Industry
• Nutrient-Dense Proteins from Yeast for Plant-Based Foods
• Yeast Innovations in Recent Past

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/1qi4rd

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Attachment

• Global Market for Yeast