The global yeast market is poised for significant expansion, driven by its versatile applications across food, beverage, pharmaceutical, and bioethanol industries. Valued at US$ 5.39 billion in 2024, the market is projected to reach US$ 12.42 billion by 2034, registering a robust compound annual growth rate (CAGR) of 8.7%, according to a detailed study by Fact.MR. This growth is fueled by rising consumption of bakery products, increasing demand for plant-based and nutritional yeast, and advancements in yeast strain development for ethanol production.

The yeast market’s importance stems from its role as a critical ingredient in fermentation processes, enhancing product quality in bread, beer, wine, and biofuels. The growing trend of veganism and health-conscious diets is boosting demand for nutritional yeast, which is rich in proteins and minerals. Additionally, innovations in manufacturing techniques and the development of specialty yeast extracts are shaping market dynamics, making yeast a cornerstone of multiple industries.

For more insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=10196

Market Analysis

The yeast market is driven by several key factors, including the global surge in bakery product consumption, which relies heavily on baker’s yeast for fermentation. The rising popularity of plant-based diets and veganism is increasing demand for nutritional yeast, valued for its protein and mineral content. The use of yeast in bioethanol production, particularly from renewable sources like sugarcane and corn, is another significant driver, supported by the need for sustainable energy solutions. However, challenges such as yeast allergies and stringent clean-label regulations pose hurdles, prompting some consumers to explore alternatives like yogurt or sourdough. The competitive landscape is dynamic, with manufacturers investing in research to develop innovative yeast strains that address these concerns while meeting diverse industry needs.

Segment Analysis

The yeast market is segmented by type, form, application, and region, each contributing uniquely to its growth. By type, baker’s yeast dominates, holding a 37.1% market share by 2034, driven by its essential role in bread and pastry production. Brewer’s yeast follows closely, with a projected CAGR of 9%, fueled by rising alcoholic beverage consumption. By form, fresh yeast leads with a 2024 valuation of US$ 3.42 billion, preferred for its efficacy in beer and wine fermentation. The food and beverage application segment is the largest, driven by yeast’s role in bakery, brewery, and savory flavor products. The bioethanol segment is gaining traction due to increasing investments in renewable energy, while pharmaceuticals and feed applications are emerging as niche growth areas.

Country-wise Insights

In the United States, the yeast market is valued at US$ 573.6 million in 2024, projected to reach US$ 1.37 billion by 2034 at a CAGR of 9.1%. The U.S. market benefits from a strong food and beverage industry, high bakery consumption, and growing demand for plant-based yeast extracts driven by veganism trends. The pharmaceutical sector’s expansion also supports yeast usage in drug formulation. In the United Kingdom, the market is estimated at US$ 250 million in 2024, with a CAGR of 8.5% through 2034. The U.K.’s bakery sector and increasing focus on sustainable bioethanol production are key growth drivers, complemented by consumer preference for organic and specialty yeast products.

To purchase the full report, visit: https://www.factmr.com/checkout/10196

Key Players

• Associated British Foods Plc.
• Angel Yeast (Chifeng) Co., Ltd.
• Archer Daniels Midland Company
• Koninklijke DSM N.V.
• Lallemand Inc.
• Lesaffre International
• Chr. Hansen Holding A/S
• Kerry Group Plc.

Strategic Outlook and Industry Trends

The yeast market is set for sustained growth as manufacturers leverage innovation and strategic partnerships to capitalize on emerging opportunities. The development of specialized yeast strains, such as Fermentis’ SafŒno™ FV 19 for fruity red wines, highlights the industry’s focus on meeting specific consumer preferences. The integration of advanced manufacturing techniques is enhancing production efficiency and product quality, particularly for nutritional and organic yeast extracts. The bioethanol sector is witnessing increased investment in yeast strains like S. cerevisiae for higher ethanol yields, aligning with global sustainability goals. Start-ups like Berkeley Yeast and Lachancea are disrupting the market with novel strains for craft beverages, while established players pursue mergers and geographic expansion to strengthen their market presence.

Segmentation of Yeast Market

By Type:

• Brewer’s Yeast
• Baker’s Yeast
• Wine Yeast
• Probiotic Yeast

By Form:

• Instant
• Fresh
• Active

By Application:

• Food & Beverages
• Bioethanol
• Pharmaceuticals
• Feed
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

Check out More Related Studies Published by Fact.MR:

Gelatin Market

https://www.einpresswire.com/article/825154840/gelatin-market-to-reach-usd-7-12-billion-by-2035-expanding-at-6-cagr

Flour Treatment Agents Market

https://www.einpresswire.com/article/825834944/flour-treatment-agents-market-is-estimated-to-reach-usd-1-407-million-by-2035-fact-mr

Contact:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com