出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年3月
Yeast Market – Global Forecast to 2029
酵母市場 : タイプ（パン酵母、ビール酵母、ワイン酵母、プロバイオティック酵母）、用途（食品、飼料）、形態（生、インスタント、活性）、属（サッカロミセス、クルベロミセス）、酵母エキス（定性）、地域別 – 2029年までの世界予測
Yeast Market by Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Probiotic Yeast), Application (Food, Feed), Form (Fresh, Instant, Active), Genus (Saccharomyces, Kluveromyces), Yeast extract (Qualitative) and Region – Global Forecast to 2029
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| 種別 | 英文調査報告書 |
Report Overview
The global yeast market is estimated to be valued at USD 5.5 billion in 2024 and is projected to reach USD 8.5 billion by 2029 at a CAGR of 8.9%.
世界の酵母市場は、2024 年に 55 億米ドルと推定され、CAGR 8.9% で 2029 年までに 85 億米ドルに達すると予測されています。
Yeast, a crucial ingredient in bread-making, plays a central role in determining the texture, flavor, and rise of baked goods. As the demand for bread continues to rise, driven by factors such as the popularity of artisanal and specialty breads, the home baking trend, and consumers’ preference for natural and clean-label ingredients, there is a parallel increase in the demand for yeast. The increasing import figures for bread worldwide, from USD 38.7 million in 2020 to USD 44.3 million in 2021 and further to USD 49.7 million in 2022, indicate a growing demand for bakery products on the global scale. This upward trend in bread imports presents a significant opportunity for yeast products within the food industry.
Moreover, the expanding market for plant-based and alternative proteins further amplifies the opportunities for yeast-derived ingredients in food applications. With technological advancements enhancing the efficiency and versatility of yeast production, manufacturers are well-positioned to capitalize on these rising opportunities within the food industry, leveraging yeast products to meet the evolving demands of consumers worldwide.
“Fresh form dominating within the form segment of the yeast market.”
The increasing demand for fresh yeast stems from several factors, particularly its unique characteristics and advantages within the baking and confectionery industries. Unlike other forms of yeast, such as active or instant, fresh yeast offers distinct benefits that cater specifically to the needs of bakers and pastry chefs.
Fresh yeast is prized for its natural extraction process. It is derived from natural sources and undergoes minimal processing, preserving its inherent qualities. This natural origin appeals to consumers seeking wholesome, minimally processed ingredients in their baked goods. The rising demand for fresh yeast underscores its indispensable role in the bakery and confectionery sectors. Its natural origin, nutritional benefits, flavor-enhancing properties, and versatility in baking applications make it a preferred choice for consumers and professional bakers alike. As a result, the fresh yeast segment is poised for significant growth in the foreseeable future.
“Changes in dietary choices have positioned Europe as a dominating region in the yeast market.”
The demand for yeast products in Europe has experienced a notable upsurge in recent times, fueled by several factors. One significant driver has been the rising trend of home baking, particularly accentuated during the COVID-19 pandemic. This surge in home baking has led to a heightened consumption of yeast for bread-making purposes as individuals sought solace and satisfaction in the art of baking. According to the COFALEC (Confederation of European Yeast Producers), Europe produces 35% of the yeast worldwide. 475 million Europeans consume, on a daily basis, food & drink products that are made using yeast, such as bread, beer, or wine.
Concurrently, there has been a growing recognition of the health benefits associated with fermented foods, including those containing yeast. With its probiotic properties and contributions to gut health, yeast has garnered increased attention among health-conscious consumers. With its versatility and widespread applicability, yeast continues to be a sought-after ingredient, promising sustained growth and innovation in the European market.
The break-up of the profile of primary participants in the yeast market:
• By Company Type: Tier 1 – 25%, Tier 2 – 45%, and Tier 3 – 30%
• By Designation: CXO’s – 20%, Managers – 50%, Executives- 30%
• By Region: North America – 25%, Europe – 20%, Asia Pacific – 30%, South America – 15% and Rest of the World –10%
Prominent companies ADM (US), Associated British Foods plc (UK), Alltech (US), AngelYeast Co., Ltd (China), Lallemand Inc. (Canada) among others.
Research Coverage:
This research report categorizes the yeast market by type (brewer’s yeast, baker’s yeast, wine yeast, probiotic yeast, other types), by applications (food, feed, other applications), form (fresh, instant, active), by yeast extract (Qualitative) and Region (North America, Europe, Asia Pacific, South America, RoW).
The report covers information about the key factors, such as drivers, restraints, opportunities, and challenges impacting the growth of the yeast market. It also provides a detailed analysis of the major players in the market including their business overview, products offered; key strategies; partnerships, new product launches, and acquisitions. Competitive benchmarking of upcoming startups in the yeast market is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall yeast market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (Expansion of the bakery industry worldwide), restraints (Concerns regarding allergenic potential of yeast), opportunities (Strategic collaborations and partnerships between yeast manufacturers & other players), and challenges (Difficulty in achieving consistent product quality and performance due to variations in raw materials, fermentation conditions, and strain characteristics) influencing the growth of the yeast market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the yeast market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the yeast market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the yeast market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like ADM (US), Associated British Foods plc (UK), Alltech (US), AngelYeast Co., Ltd (China), Lallemand Inc. (Canada), ICC (Brazil), Leiber (Germany), Lesaffre (France) among others in the yeast market strategies. The report also helps stakeholders understand the yeast market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 MARKET DEFINITION 34
1.3 STUDY SCOPE 35
1.3.1 MARKET SEGMENTATION 35
FIGURE 1 YEAST MARKET SEGMENTATION 35
1.3.2 INCLUSIONS AND EXCLUSIONS 36
1.3.3 REGIONS COVERED 37
FIGURE 2 YEAST MARKET SEGMENTATION, BY REGION 37
1.3.4 YEARS CONSIDERED 37
1.4 UNITS CONSIDERED 38
1.4.1 CURRENCY/VALUE UNIT 38
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2019–2023 38
1.4.2 VOLUME UNIT 39
1.5 STAKEHOLDERS 39
1.6 SUMMARY OF CHANGES 40
1.6.1 RECESSION IMPACT ANALYSIS 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 3 YEAST MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 41
2.1.1.1 Key data from secondary sources 42
2.1.2 PRIMARY DATA 42
2.1.2.1 Key data from primary sources 42
2.1.2.2 Breakdown of primary profiles 43
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION 43
2.1.2.3 Key insights from industry experts 43
2.2 MARKET SIZE ESTIMATION 44
2.2.1 TOP-DOWN APPROACH 44
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 45
2.2.2 SUPPLY-SIDE ANALYSIS 45
FIGURE 6 YEAST MARKET SIZE CALCULATION: SUPPLY SIDE 46
2.2.3 BOTTOM-UP APPROACH (DEMAND SIDE) 46
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 47
2.3 DATA TRIANGULATION 47
FIGURE 8 DATA TRIANGULATION 48
2.4 RESEARCH ASSUMPTIONS 48
2.5 LIMITATIONS AND RISK ASSESSMENT 49
2.6 RECESSION IMPACT ANALYSIS 49
2.6.1 MACRO INDICATORS OF RECESSION 50
FIGURE 9 INDICATORS OF RECESSION 50
FIGURE 10 GLOBAL INFLATION RATE, 2011–2022 51
FIGURE 11 GLOBAL GDP, 2011–2022 (USD TRILLION) 52
FIGURE 12 RECESSION INDICATORS AND THEIR IMPACT ON YEAST MARKET 53
FIGURE 13 GLOBAL YEAST MARKET: EARLIER FORECAST VS RECESSION FORECAST 54
3 EXECUTIVE SUMMARY 55
TABLE 2 YEAST MARKET SHARE SNAPSHOT, 2024 VS. 2029 (USD MILLION) 56
FIGURE 14 YEAST MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION) 57
FIGURE 15 YEAST MARKET, BY FORM, 2024 VS. 2029 (USD MILLION) 57
FIGURE 16 YEAST MARKET, BY GENUS, 2024 VS. 2029 (USD MILLION) 58
FIGURE 17 YEAST MARKET, BY TYPE, 2024 VS. 2029 (USD MILLION) 58
FIGURE 18 YEAST MARKET SHARE AND GROWTH RATE (VALUE), BY REGION, 2024 59
4 PREMIUM INSIGHTS 60
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN YEAST MARKET 60
FIGURE 19 ASIA PACIFIC TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD 60
4.2 ASIA PACIFIC: YEAST MARKET, BY FORM AND COUNTRY 61
FIGURE 20 CHINA AND FRESH SEGMENTS ACCOUNTED FOR LARGEST SHARES IN ASIA PACIFIC YEAST MARKET IN 2024 61
4.3 YEAST MARKET, BY APPLICATION 61
FIGURE 21 FOOD & BEVERAGE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 61
4.4 YEAST MARKET, BY FORM 62
FIGURE 22 FRESH YEAST TO BE LARGEST FORM SEGMENT DURING FORECAST PERIOD 62
4.5 YEAST MARKET, BY GENUS 62
FIGURE 23 SACCHAROMYCES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 62
4.6 YEAST MARKET, BY TYPE 63
FIGURE 24 BAKER’S YEAST TO SIGNIFICANTLY LEAD MARKET DURING FORECAST PERIOD 63
4.7 YEAST MARKET, BY FORM AND REGION 63
FIGURE 25 FRESH FORM TO DOMINATE MARKET DURING FORECAST PERIOD 63
4.8 YEAST MARKET: KEY COUNTRIES 64
FIGURE 26 US DOMINATED YEAST MARKET IN 2024 64
5 MARKET OVERVIEW 65
5.1 INTRODUCTION 65
5.2 MACROECONOMIC INDICATORS 66
5.2.1 BURGEONING APPETITE FOR YEAST PRODUCTS WITH RISING POPULATION AND GDP 66
FIGURE 27 GLOBAL POPULATION GROWTH, 1950–2050 (BILLION) 66
FIGURE 28 GDP GROWTH, 2016–2022 (USD TRILLION) 67
5.2.2 EXPANSION OF YEAST PRODUCTS IN FOOD & BEVERAGE AND FEED INDUSTRIES 67
5.3 MARKET DYNAMICS 68
FIGURE 29 YEAST MARKET: MARKET DYNAMICS 68
5.3.1 DRIVERS 68
5.3.1.1 Global expansion of bakery industry 68
5.3.1.2 Increase in demand for yeast in brewing sector 69
5.3.1.3 Nutritional benefits popularizing yeast among feed additive manufacturers 69
5.3.2 RESTRAINTS 70
5.3.2.1 Concerns regarding allergenic potential of yeast 70
5.3.2.2 Competition for basic raw materials 70
5.3.3 OPPORTUNITIES 70
5.3.3.1 Strategic collaborations and partnerships between yeast manufacturers and other players 70
5.3.3.2 New varieties of yeast ingredients for improved functionality 71
5.3.4 CHALLENGES 71
5.3.4.1 Difficulty in achieving product consistency due to varying raw materials, fermentation conditions, and strain characteristics 71
5.3.4.2 High research & development costs 71
6 INDUSTRY TRENDS 73
6.1 INTRODUCTION 73
6.2 SUPPLY CHAIN ANALYSIS 73
FIGURE 30 YEAST MARKET: SUPPLY CHAIN ANALYSIS 73
6.3 VALUE CHAIN ANALYSIS 74
FIGURE 31 YEAST MARKET: VALUE CHAIN ANALYSIS 74
6.3.1 RESEARCH AND DEVELOPMENT 74
6.3.2 RAW MATERIAL SOURCING 75
6.3.3 PROCESSING AND MANUFACTURING 75
6.3.4 DISTRIBUTION 75
6.3.5 MARKETING & SALES 75
6.4 TRADE ANALYSIS 75
6.4.1 IMPORT SCENARIO 76
FIGURE 32 IMPORT VALUE OF YEASTS, ACTIVE OR INACTIVE, FOR KEY COUNTRIES, 2019–2023 (USD) 76
TABLE 3 IMPORT SCENARIO FOR HS CODE: 2102, BY COUNTRY, 2022 (USD) 77
6.4.2 EXPORT SCENARIO 77
FIGURE 33 EXPORT VALUE OF YEASTS, ACTIVE OR INACTIVE, FOR KEY COUNTRIES, FOR KEY COUNTRIES, 2019–2023 (USD) 77
TABLE 4 EXPORT SCENARIO FOR HS CODE: 2102, BY COUNTRY, 2022 (USD) 78
6.5 TECHNOLOGY ANALYSIS 78
6.5.1 KEY TECHNOLOGY 78
6.5.1.1 Yops 78
6.5.2 COMPLEMENTARY TECHNOLOGY 79
6.5.2.1 Innova 79
6.5.3 ADJACENT TECHNOLOGY 79
6.5.3.1 High-purity yeast beta-glucan technology 79
6.6 PRICING ANALYSIS 80
6.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE 80
FIGURE 34 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE (USD/KG) 80
6.6.2 AVERAGE SELLING PRICE TREND, BY REGION 81
TABLE 5 YEAST MARKET: AVERAGE SELLING PRICE TREND, BY REGION, 2024–2029 (USD/TON) 81
6.6.3 AVERAGE SELLING PRICE TREND, BY TYPE 81
TABLE 6 YEAST MARKET: AVERAGE SELLING PRICE TREND, BY TYPE, 2024–2029 (USD/TON) 81
FIGURE 35 AVERAGE SELLING PRICE TREND, BY TYPE (USD/TON) 81
6.7 ECOSYSTEM/MARKET MAP 82
6.7.1 DEMAND SIDE 82
6.7.2 SUPPLY SIDE 82
FIGURE 36 KEY PLAYERS IN YEAST ECOSYSTEM 83
TABLE 7 YEAST MARKET: ECOSYSTEM 83
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 84
FIGURE 37 REVENUE SHIFT FOR YEAST MARKET VENDORS 84
6.9 PATENT ANALYSIS 85
TABLE 8 LIST OF MAJOR PATENTS PERTAINING TO YEAST MARKET, 2014–2024 85
FIGURE 38 NUMBER OF PATENTS GRANTED FOR YEAST, 2014–2023 86
FIGURE 39 REGIONAL ANALYSIS OF PATENTS GRANTED FOR YEAST 87
6.10 KEY CONFERENCES & EVENTS 87
TABLE 9 YEAST MARKET: LIST OF KEY CONFERENCES & EVENTS, 2024 87
6.11 TARIFFS AND REGULATORY LANDSCAPE 88
6.11.1 TARIFF DATA FOR YEAST (HS CODE 2102) 88
6.11.2 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89
6.11.3 REGULATORY FRAMEWORK 89
6.11.3.1 North America 89
6.11.3.1.1 US 89
6.11.3.1.1.1 US Food and Drug Administration 89
6.11.3.1.2 Canada 91
6.11.3.2 Europe 93
6.11.3.2.1 European Union 93
6.11.3.3 South America 94
6.11.3.3.1 Argentina 94
6.11.3.4 Asia Pacific 94
6.11.3.4.1 Australia and New Zealand 94
6.11.3.4.2 India 94
6.11.3.4.2.1 FSSAI 94
6.12 PORTER’S FIVE FORCES ANALYSIS 95
TABLE 13 PORTER’S FIVE FORCES’ IMPACT ON YEAST MARKET 95
6.12.1 THREAT OF NEW ENTRANTS 95
6.12.2 THREAT OF SUBSTITUTES 96
6.12.3 BARGAINING POWER OF SUPPLIERS 96
6.12.4 BARGAINING POWER OF BUYERS 96
6.12.5 INTENSITY OF COMPETITIVE RIVALRY 96
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 97
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 97
FIGURE 40 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPES 97
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR KEY TYPES 98
6.13.2 BUYING CRITERIA 98
TABLE 15 KEY BUYING CRITERIA FOR KEY TYPES 98
FIGURE 41 KEY BUYING CRITERIA FOR TYPES 98
6.14 CASE STUDY ANALYSIS 99
6.14.1 INTEGRATION OF EVOLVA’S OPERATIONS INTO LALLEMAND’S BUSINESS HELPED IN BROADENING ITS PRODUCT PORTFOLIO 99
7 YEAST MARKET, BY TYPE 100
7.1 INTRODUCTION 101
FIGURE 42 YEAST MARKET, BY TYPE, 2023 VS. 2029 (USD MILLION) 101
TABLE 16 YEAST MARKET, BY TYPE, 2019–2023 (USD MILLION) 102
TABLE 17 YEAST MARKET, BY TYPE, 2024–2029 (USD MILLION) 102
TABLE 18 YEAST MARKET, BY TYPE, 2019–2023 (KT) 102
TABLE 19 YEAST MARKET, BY TYPE, 2024–2029 (KT) 103
7.2 BREWER’S YEAST 103
7.2.1 RISE IN CONSUMPTION OF BEER AND TRADE OPPORTUNITIES FOR FERMENTED BEVERAGES 103
TABLE 20 BREWER’S YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 104
TABLE 21 BREWER’S YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 104
TABLE 22 BREWER’S YEAST MARKET, BY REGION, 2019–2023 (KT) 104
TABLE 23 BREWER’S YEAST MARKET, BY REGION, 2024–2029 (KT) 105
7.3 BAKER’S YEAST 105
7.3.1 HIGH DEMAND FOR BAKERY PRODUCTS, PARTICULARLY BREAD 105
TABLE 24 BAKER’S YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 106
TABLE 25 BAKER’S YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 106
TABLE 26 BAKER’S YEAST MARKET, BY REGION, 2019–2023 (KT) 106
TABLE 27 BAKER’S YEAST MARKET, BY REGION, 2024–2029 (KT) 107
7.4 WINE YEAST 107
7.4.1 RISE IN PRODUCTION OF VARIOUS TYPES OF WINE WITH DIFFERENT FLAVORS AND APPEARANCES 107
TABLE 28 WINE YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 108
TABLE 29 WINE YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 108
TABLE 30 WINE YEAST MARKET, BY REGION, 2019–2023 (KT) 108
TABLE 31 WINE YEAST MARKET, BY REGION, 2024–2029 (KT) 109
7.5 PROBIOTIC YEAST 109
7.5.1 ENGINEERED S. BOULARDII TO OFFER ENHANCED PROBIOTIC PROPERTIES 109
TABLE 32 PROBIOTIC YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 110
TABLE 33 PROBIOTIC YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 110
TABLE 34 PROBIOTIC YEAST MARKET, BY REGION, 2019–2023 (KT) 110
TABLE 35 PROBIOTIC YEAST MARKET, BY REGION, 2024–2029 (KT) 111
7.6 OTHER TYPES 111
TABLE 36 OTHER YEAST TYPES MARKET, BY REGION, 2019–2023 (USD MILLION) 111
TABLE 37 OTHER YEAST TYPES MARKET, BY REGION, 2024–2029 (USD MILLION) 112
TABLE 38 OTHER YEAST TYPES MARKET, BY REGION, 2019–2023 (KT) 112
TABLE 39 OTHER YEAST TYPES MARKET, BY REGION, 2024–2029 (KT) 112
8 YEAST MARKET, BY APPLICATION 113
8.1 INTRODUCTION 114
FIGURE 43 YEAST MARKET, BY APPLICATION, 2024 VS. 2029 (USD MILLION) 114
TABLE 40 YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 114
TABLE 41 YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 115
8.2 FOOD & BEVERAGES 115
8.2.1 NUTRITIONAL BENEFITS AND EXTENSIVE APPLICATIONS ACROSS FOOD AND BEVERAGES 115
TABLE 42 YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 115
TABLE 43 YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 116
TABLE 44 YEAST MARKET IN FOOD & BEVERAGES, BY REGION, 2019–2023 (USD MILLION) 116
TABLE 45 YEAST MARKET IN FOOD & BEVERAGES, BY REGION, 2024–2029 (USD MILLION) 116
8.2.2 BAKERY PRODUCTS 117
8.2.2.1 Rise in demand for bakery ingredients, especially in Asian markets 117
TABLE 46 YEAST MARKET IN BAKERY PRODUCTS, BY REGION, 2019–2023 (USD MILLION) 117
TABLE 47 YEAST MARKET IN BAKERY PRODUCTS, BY REGION, 2024–2029 (USD MILLION) 118
8.2.3 PREPARED MEALS 118
8.2.3.1 Production of processed & prepared food using yeast as food additive—convenience foods in emerging economies; canned food in developed regions 118
TABLE 48 YEAST MARKET IN PREPARED MEALS, BY REGION, 2019–2023 (USD MILLION) 118
TABLE 49 YEAST MARKET IN PREPARED MEALS, BY REGION, 2024–2029 (USD MILLION) 119
8.2.4 BEVERAGES 119
8.2.4.1 Increase in production and demand for wine and beer in developed regions 119
TABLE 50 YEAST MARKET IN BEVERAGES, BY REGION, 2019–2023 (USD MILLION) 119
TABLE 51 YEAST MARKET IN BEVERAGES, BY REGION, 2024–2029 (USD MILLION) 120
8.2.5 OTHER FOOD APPLICATIONS 120
TABLE 52 YEAST MARKET IN OTHER FOOD APPLICATIONS, BY REGION, 2019–2023 (USD MILLION) 120
TABLE 53 YEAST MARKET IN OTHER FOOD APPLICATIONS, BY REGION, 2024–2029 (USD MILLION) 120
8.3 FEED 121
8.3.1 INCREASE IN DEMAND FOR HEALTHY AND SAFE PACKAGED ANIMAL PRODUCTS 121
TABLE 54 YEAST MARKET IN FEED, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 121
TABLE 55 YEAST MARKET IN FEED, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 122
TABLE 56 YEAST MARKET IN FEED, BY REGION, 2019–2023 (USD MILLION) 122
TABLE 57 YEAST MARKET IN FEED, BY REGION, 2024–2029 (USD MILLION) 122
8.3.2 SWINE FEED 123
8.3.2.1 Promise shown in yeast-included swine feed, especially in sows 123
TABLE 58 YEAST MARKET IN SWINE FEED, BY REGION, 2019–2023 (USD MILLION) 123
TABLE 59 YEAST MARKET IN SWINE FEED, BY REGION, 2024–2029 (USD MILLION) 123
8.3.3 POULTRY FEED 124
8.3.3.1 Benefits associated with yeast include improved gut and immune health 124
TABLE 60 YEAST MARKET IN POULTRY FEED, BY REGION, 2019–2023 (USD MILLION) 124
TABLE 61 YEAST MARKET IN POULTRY FEED, BY REGION, 2024–2029 (USD MILLION) 125
8.3.4 CATTLE FEED 125
8.3.4.1 Rise in cattle production to encourage consumption of feed yeast across regions 125
TABLE 62 YEAST MARKET IN CATTLE FEED, BY REGION, 2019–2023 (USD MILLION) 125
TABLE 63 YEAST MARKET IN CATTLE FEED, BY REGION, 2024–2029 (USD MILLION) 126
8.3.5 OTHER FEED APPLICATIONS 126
TABLE 64 YEAST MARKET IN OTHER FEED APPLICATIONS, BY REGION, 2019–2023 (USD MILLION) 126
TABLE 65 YEAST MARKET IN OTHER FEED APPLICATIONS, BY REGION, 2024–2029 (USD MILLION) 127
8.4 OTHER APPLICATIONS 127
TABLE 66 YEAST MARKET IN OTHER APPLICATIONS, BY REGION, 2019–2023 (USD MILLION) 127
TABLE 67 YEAST MARKET IN OTHER APPLICATIONS, BY REGION, 2024–2029 (USD MILLION) 128
9 YEAST MARKET, BY FORM 129
9.1 INTRODUCTION 130
FIGURE 44 YEAST MARKET, BY FORM, 2024 VS. 2029 (USD MILLION) 130
TABLE 68 YEAST MARKET, BY FORM, 2019–2023 (USD MILLION) 130
TABLE 69 YEAST MARKET, BY FORM, 2024–2029 (USD MILLION) 131
9.1.1 FRESH 131
9.1.1.1 High use in bakery products, but requires cold chain facilities 131
TABLE 70 FRESH YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 132
TABLE 71 FRESH YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 132
9.1.2 INSTANT 132
9.1.2.1 Preferred for commercial use, especially for convenience foods 132
TABLE 72 INSTANT YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 133
TABLE 73 INSTANT YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 133
9.1.3 ACTIVE 133
9.1.3.1 Increase in wine and bread production 133
TABLE 74 ACTIVE YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 134
TABLE 75 ACTIVE YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 134
10 YEAST MARKET, BY GENUS 135
10.1 INTRODUCTION 136
FIGURE 45 YEAST MARKET, BY GENUS, 2024 VS. 2029 (USD MILLION) 136
TABLE 76 YEAST MARKET, BY GENUS, 2019–2023 (USD MILLION) 136
TABLE 77 YEAST MARKET, BY GENUS, 2024–2029 (USD MILLION) 137
10.1.1 SACCHAROMYCES 137
10.1.1.1 Rise in demand for Saccharomyces in bakery and feed industries due to beneficial nutritional profile and growth performance 137
TABLE 78 SACCHAROMYCES MARKET, BY REGION, 2019–2023 (USD MILLION) 137
TABLE 79 SACCHAROMYCES MARKET, BY REGION, 2024–2029 (USD MILLION) 138
10.1.2 KLUYVEROMYCES 138
10.1.2.1 Kluyveromyces marxianus to be second-most common strain used for feed additives 138
TABLE 80 KLUYVEROMYCES MARKET, BY REGION, 2019–2023 (USD MILLION) 139
TABLE 81 KLUYVEROMYCES MARKET, BY REGION, 2024–2029 (USD MILLION) 139
10.1.3 OTHER GENERA 139
TABLE 82 OTHER YEAST GENERA MARKET, BY REGION, 2019–2023 (USD MILLION) 140
TABLE 83 OTHER YEAST GENERA MARKET, BY REGION, 2024–2029 (USD MILLION) 140
11 YEAST MARKET, BY YEAST EXTRACT 141
11.1 INTRODUCTION 141
11.2 YEAST AUTOLYSATES 141
11.3 YEAST HYDROLYSATES 141
11.4 YEAST CELL WALL 142
12 YEAST MARKET, BY REGION 143
12.1 INTRODUCTION 144
FIGURE 46 YEAST MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 144
TABLE 84 YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 145
TABLE 85 YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 145
TABLE 86 YEAST MARKET, BY REGION, 2019–2023 (KT) 145
TABLE 87 YEAST MARKET, BY REGION, 2024–2029 (KT) 146
12.2 NORTH AMERICA 146
12.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 146
FIGURE 47 NORTH AMERICA: INFLATION DATA, BY COUNTRY, 2017–2022 147
FIGURE 48 NORTH AMERICA: RECESSION IMPACT ANALYSIS 147
TABLE 88 NORTH AMERICA: YEAST MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 148
TABLE 89 NORTH AMERICA: YEAST MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 148
TABLE 90 NORTH AMERICA: YEAST MARKET, BY FORM, 2019–2023 (USD MILLION) 148
TABLE 91 NORTH AMERICA: YEAST MARKET, BY FORM, 2024–2029 (USD MILLION) 148
TABLE 92 NORTH AMERICA: YEAST MARKET, BY GENUS, 2019–2023 (USD MILLION) 149
TABLE 93 NORTH AMERICA: YEAST MARKET, BY GENUS, 2024–2029 (USD MILLION) 149
TABLE 94 NORTH AMERICA: YEAST MARKET, BY TYPE, 2019–2023 (USD MILLION) 149
TABLE 95 NORTH AMERICA: YEAST MARKET, BY TYPE, 2024–2029 (USD MILLION) 149
TABLE 96 NORTH AMERICA: YEAST MARKET, BY TYPE, 2019–2023 (KT) 150
TABLE 97 NORTH AMERICA: YEAST MARKET, BY TYPE, 2024–2029 (KT) 150
TABLE 98 NORTH AMERICA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 150
TABLE 99 NORTH AMERICA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 150
TABLE 100 NORTH AMERICA: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 151
TABLE 101 NORTH AMERICA: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 151
TABLE 102 NORTH AMERICA: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 151
TABLE 103 NORTH AMERICA: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 152
12.2.2 US 152
12.2.2.1 High demand for specialty yeast with growth in health consciousness and focus on sustainability 152
TABLE 104 US: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 152
TABLE 105 US: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 153
12.2.3 CANADA 153
12.2.3.1 Prominent in export market for baked goods 153
TABLE 106 CANADA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 153
TABLE 107 CANADA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 153
12.2.4 MEXICO 154
12.2.4.1 Presence as key player in beer brewing marketspace 154
TABLE 108 MEXICO: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 154
TABLE 109 MEXICO: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 154
12.3 EUROPE 155
FIGURE 49 EUROPE: YEAST MARKET SNAPSHOT 156
12.3.1 EUROPE: RECESSION IMPACT ANALYSIS 156
FIGURE 50 EUROPE: INFLATION DATA, BY COUNTRY, 2017–2022 157
FIGURE 51 EUROPE: RECESSION IMPACT ANALYSIS, 2023 158
TABLE 110 EUROPE: YEAST MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 158
TABLE 111 EUROPE: YEAST MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 158
TABLE 112 EUROPE: YEAST MARKET, BY FORM, 2019–2023 (USD MILLION) 159
TABLE 113 EUROPE: YEAST MARKET, BY FORM, 2024–2029 (USD MILLION) 159
TABLE 114 EUROPE: YEAST MARKET, BY GENUS, 2019–2023 (USD MILLION) 159
TABLE 115 EUROPE: YEAST MARKET, BY GENUS, 2024–2029 (USD MILLION) 159
TABLE 116 EUROPE: YEAST MARKET, BY TYPE, 2019–2023 (USD MILLION) 160
TABLE 117 EUROPE: YEAST MARKET, BY TYPE, 2024–2029 (USD MILLION) 160
TABLE 118 EUROPE: YEAST MARKET, BY TYPE, 2019–2023 (KT) 160
TABLE 119 EUROPE: YEAST MARKET, BY TYPE, 2024–2029 (KT) 161
TABLE 120 EUROPE: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 161
TABLE 121 EUROPE: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 161
TABLE 122 EUROPE: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 161
TABLE 123 EUROPE: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 162
TABLE 124 EUROPE: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 162
TABLE 125 EUROPE: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 162
12.3.2 GERMANY 163
12.3.2.1 Shift in trend toward innovative beer and increase in wine production 163
TABLE 126 GERMANY: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 163
TABLE 127 GERMANY: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 164
12.3.3 FRANCE 164
12.3.3.1 Increase in domestic demand and export opportunities for baked goods 164
TABLE 128 FRANCE: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 164
TABLE 129 FRANCE: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 165
12.3.4 UK 165
12.3.4.1 Growth in UK bakery market and livestock feed demand 165
TABLE 130 UK: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 165
TABLE 131 UK: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 166
12.3.5 ITALY 166
12.3.5.1 Traditional cuisine rooted in baked goods and export of fermented beverages 166
TABLE 132 ITALY: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 166
TABLE 133 ITALY: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 167
12.3.6 SPAIN 167
12.3.6.1 Increase in demand for frozen baked foods and innovation in winemaking 167
TABLE 134 SPAIN: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 167
TABLE 135 SPAIN: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 168
12.3.7 REST OF EUROPE 168
TABLE 136 REST OF EUROPE: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 168
TABLE 137 REST OF EUROPE: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 169
12.4 ASIA PACIFIC 169
FIGURE 52 ASIA PACIFIC: REGIONAL SNAPSHOT, 2023 170
12.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 170
FIGURE 53 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2017–2022 171
FIGURE 54 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2023 172
TABLE 138 ASIA PACIFIC: YEAST MARKET, BY COUNTRY/REGION, 2019–2023 (USD MILLION) 172
TABLE 139 ASIA PACIFIC: YEAST MARKET, BY COUNTRY/REGION, 2024–2029 (USD MILLION) 172
TABLE 140 ASIA PACIFIC: YEAST MARKET, BY FORM, 2019–2023 (USD MILLION) 173
TABLE 141 ASIA PACIFIC: YEAST MARKET, BY FORM, 2024–2029 (USD MILLION) 173
TABLE 142 ASIA PACIFIC: YEAST MARKET, BY GENUS, 2019–2023 (USD MILLION) 173
TABLE 143 ASIA PACIFIC: YEAST MARKET, BY GENUS, 2024–2029 (USD MILLION) 173
TABLE 144 ASIA PACIFIC: YEAST MARKET, BY TYPE, 2019–2023 (USD MILLION) 174
TABLE 145 ASIA PACIFIC: YEAST MARKET, BY TYPE, 2024–2029 (USD MILLION) 174
TABLE 146 ASIA PACIFIC: YEAST MARKET, BY TYPE, 2019–2023 (KT) 174
TABLE 147 ASIA PACIFIC: YEAST MARKET, BY TYPE, 2024–2029 (KT) 175
TABLE 148 ASIA PACIFIC: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 175
TABLE 149 ASIA PACIFIC: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 175
TABLE 150 ASIA PACIFIC: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 175
TABLE 151 ASIA PACIFIC: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 176
TABLE 152 ASIA PACIFIC: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 176
TABLE 153 ASIA PACIFIC: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 176
12.4.2 CHINA 177
12.4.2.1 Leading yeast manufacturers capitalizing on rise in consumer preferences toward baked goods 177
TABLE 154 CHINA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 177
TABLE 155 CHINA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 177
12.4.3 JAPAN 178
12.4.3.1 Increase in trade opportunities in baked goods and preference for high-value functional foods 178
TABLE 156 JAPAN: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 178
TABLE 157 JAPAN: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 178
12.4.4 INDIA 179
12.4.4.1 Make in India initiative and investments in R&D by market leaders 179
TABLE 158 INDIA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 179
TABLE 159 INDIA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 179
12.4.5 AUSTRALIA & NEW ZEALAND 180
12.4.5.1 Growth in livestock breeding and rise in wine exports 180
TABLE 160 AUSTRALIA & NEW ZEALAND: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 180
TABLE 161 AUSTRALIA & NEW ZEALAND: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 180
12.4.6 SOUTH KOREA 181
12.4.6.1 High pork consumption and demand for naturally sourced feed additives 181
TABLE 162 SOUTH KOREA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 181
TABLE 163 SOUTH KOREA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 181
12.4.7 REST OF ASIA PACIFIC 182
TABLE 164 REST OF ASIA PACIFIC: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 182
TABLE 165 REST OF ASIA PACIFIC: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 182
12.5 SOUTH AMERICA 183
12.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 183
FIGURE 55 SOUTH AMERICA: INFLATION DATA, BY KEY COUNTRY, 2017–2022 184
FIGURE 56 SOUTH AMERICA: RECESSION IMPACT ANALYSIS, 2023 185
TABLE 166 SOUTH AMERICA: YEAST MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 185
TABLE 167 SOUTH AMERICA: YEAST MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 185
TABLE 168 SOUTH AMERICA: YEAST MARKET, BY FORM, 2019–2023 (USD MILLION) 185
TABLE 169 SOUTH AMERICA: YEAST MARKET, BY FORM, 2024–2029 (USD MILLION) 186
TABLE 170 SOUTH AMERICA: YEAST MARKET, BY GENUS, 2019–2023 (USD MILLION) 186
TABLE 171 SOUTH AMERICA: YEAST MARKET, BY GENUS, 2024–2029 (USD MILLION) 186
TABLE 172 SOUTH AMERICA: YEAST MARKET, BY TYPE, 2019–2023 (USD MILLION) 186
TABLE 173 SOUTH AMERICA: YEAST MARKET, BY TYPE, 2024–2029 (USD MILLION) 187
TABLE 174 SOUTH AMERICA: YEAST MARKET, BY TYPE, 2019–2023 (KT) 187
TABLE 175 SOUTH AMERICA: YEAST MARKET, BY TYPE, 2024–2029 (KT) 187
TABLE 176 SOUTH AMERICA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 188
TABLE 177 SOUTH AMERICA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 188
TABLE 178 SOUTH AMERICA: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 188
TABLE 179 SOUTH AMERICA: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 188
TABLE 180 SOUTH AMERICA: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 189
TABLE 181 SOUTH AMERICA: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 189
12.5.2 BRAZIL 189
12.5.2.1 Investments by large players with its position as prominent global meat exporter 189
TABLE 182 BRAZIL: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 190
TABLE 183 BRAZIL: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 190
12.5.3 ARGENTINA 190
12.5.3.1 Rise in awareness about sustainable and clean fuel—bioethanol 190
TABLE 184 ARGENTINA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 191
TABLE 185 ARGENTINA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 191
12.5.4 REST OF SOUTH AMERICA 191
TABLE 186 REST OF SOUTH AMERICA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 191
TABLE 187 REST OF SOUTH AMERICA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 192
12.6 REST OF THE WORLD (ROW) 192
12.6.1 ROW: RECESSION IMPACT ANALYSIS 192
FIGURE 57 ROW: INFLATION DATA, BY SUBREGION, 2017–2022 193
FIGURE 58 ROW: RECESSION IMPACT ANALYSIS, 2023 193
TABLE 188 ROW: YEAST MARKET, BY REGION, 2019–2023 (USD MILLION) 193
TABLE 189 ROW: YEAST MARKET, BY REGION, 2024–2029 (USD MILLION) 194
TABLE 190 ROW: YEAST MARKET, BY FORM, 2019–2023 (USD MILLION) 194
TABLE 191 ROW: YEAST MARKET, BY FORM, 2024–2029 (USD MILLION) 194
TABLE 192 ROW: YEAST MARKET, BY GENUS, 2019–2023 (USD MILLION) 194
TABLE 193 ROW: YEAST MARKET, BY GENUS, 2024–2029 (USD MILLION) 195
TABLE 194 ROW: YEAST MARKET, BY TYPE, 2019–2023 (USD MILLION) 195
TABLE 195 ROW: YEAST MARKET, BY TYPE, 2024–2029 (USD MILLION) 195
TABLE 196 ROW: YEAST MARKET, BY TYPE, 2019–2023 (KT) 196
TABLE 197 ROW: YEAST MARKET, BY TYPE, 2024–2029 (KT) 196
TABLE 198 ROW: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 196
TABLE 199 ROW: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 196
TABLE 200 ROW: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 197
TABLE 201 ROW: YEAST MARKET IN FOOD & BEVERAGES, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 197
TABLE 202 ROW: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2019–2023 (USD MILLION) 197
TABLE 203 ROW: YEAST MARKET IN FEED, BY SUBAPPLICATION, 2024–2029 (USD MILLION) 198
12.6.2 AFRICA 198
12.6.2.1 Presence of bread as staple food product and rise in livestock production 198
TABLE 204 AFRICA: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 198
TABLE 205 AFRICA: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 199
12.6.3 MIDDLE EAST 199
12.6.3.1 Shift in consumer lifestyles and increase in consumption of fast food 199
TABLE 206 MIDDLE EAST: YEAST MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 199
TABLE 207 MIDDLE EAST: YEAST MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 200
13 COMPETITIVE LANDSCAPE 201
13.1 OVERVIEW 201
13.2 REVENUE ANALYSIS 201
FIGURE 59 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023 (USD BILLION) 201
13.3 MARKET SHARE ANALYSIS 202
TABLE 208 YEAST MARKET: MARKET SHARE ANALYSIS, 2022 202
13.4 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 203
TABLE 209 OVERVIEW OF STRATEGIES ADOPTED BY KEY YEAST PLAYERS 203
13.5 COMPANY VALUATION AND FINANCIAL METRICS 205
FIGURE 60 COMPANY VALUATION AND FINANCIAL METRICS 205
FIGURE 61 EV/EBITDA OF KEY PLAYERS 205
13.6 BRAND/PRODUCT COMPARISON 206
FIGURE 62 YEAST MARKET: BRAND/PRODUCT COMPARISON 206
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS 206
13.7.1 STARS 207
13.7.2 EMERGING LEADERS 207
13.7.3 PERVASIVE PLAYERS 207
13.7.4 PARTICIPANTS 207
FIGURE 63 YEAST MARKET: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2023 208
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS 209
13.7.5.1 Overall company footprint 209
FIGURE 64 YEAST MARKET: OVERALL COMPANY FOOTPRINT FOR KEY PLAYERS, 2023 209
13.7.5.2 Regional footprint 210
TABLE 210 COMPANY REGIONAL FOOTPRINT 210
13.7.5.3 Type footprint 211
TABLE 211 COMPANY TYPE FOOTPRINT 211
13.7.5.4 Application footprint 212
TABLE 212 COMPANY APPLICATION FOOTPRINT 212
13.7.5.5 Form footprint 212
TABLE 213 COMPANY FORM FOOTPRINT 212
13.8 COMPANY EVALUATION MATRIX: START-UPS/SMES 213
13.8.1 PROGRESSIVE COMPANIES 213
13.8.2 RESPONSIVE COMPANIES 213
13.8.3 DYNAMIC COMPANIES 213
13.8.4 STARTING BLOCKS 214
FIGURE 65 YEAST MARKET: COMPANY EVALUATION MATRIX FOR START-UPS/SMES, 2023 214
13.8.5 COMPETITIVE BENCHMARKING 215
13.8.5.1 Detailed list of key start-ups/SMEs 215
TABLE 214 YEAST MARKET: LIST OF KEY START-UPS/SMES 215
13.8.5.2 Competitive benchmarking of key start-ups/SMEs 216
TABLE 215 YEAST MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES 216
13.9 COMPETITIVE SCENARIO 217
13.9.1 PRODUCT LAUNCHES 217
TABLE 216 YEAST MARKET: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023 217
13.9.2 DEALS 217
TABLE 217 YEAST MARKET: DEALS, JANUARY 2019–DECEMBER 2023 217
13.9.3 EXPANSIONS 218
TABLE 218 YEAST MARKET: EXPANSIONS, JANUARY 2019–DECEMBER 2023 218
14 COMPANY PROFILES 219
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
14.1 KEY PLAYERS 219
14.1.1 ANGELYEAST CO., LTD. 219
TABLE 219 ANGELYEAST CO., LTD.: COMPANY OVERVIEW 219
FIGURE 66 ANGELYEAST CO., LTD: COMPANY SNAPSHOT 220
TABLE 220 ANGELYEAST CO., LTD.: PRODUCTS/SOLUTIONS OFFERED 220
TABLE 221 ANGELYEAST CO., LTD.: PRODUCT LAUNCHES 221
14.1.2 ASSOCIATED BRITISH FOODS PLC 223
TABLE 222 ASSOCIATED BRITISH FOODS PLC: COMPANY OVERVIEW 223
FIGURE 67 ASSOCIATED BRITISH FOODS PLC: COMPANY SNAPSHOT 224
TABLE 223 ASSOCIATED BRITISH FOODS PLC: PRODUCTS/SOLUTIONS OFFERED 224
TABLE 224 ASSOCIATED BRITISH FOODS PLC: EXPANSIONS 225
14.1.3 ADM 226
TABLE 225 ADM: COMPANY OVERVIEW 226
FIGURE 68 ADM: COMPANY SNAPSHOT 227
TABLE 226 ADM: PRODUCTS/SOLUTIONS OFFERED 227
14.1.4 NISSHIN SEIFUN GROUP INC. 229
TABLE 227 NISSHIN SEIFUN GROUP INC.: COMPANY OVERVIEW 230
FIGURE 69 NISSHIN SEIFUN GROUP INC.: COMPANY SNAPSHOT 230
TABLE 228 NISSHIN SEIFUN GROUP INC: PRODUCTS/SOLUTIONS OFFERED 231
14.1.5 KOTHARI FERMENTATION AND BIOCHEM LTD. 232
TABLE 229 KOTHARI FERMENTATION AND BIOCHEM LTD.: COMPANY OVERVIEW 232
FIGURE 70 KOTHARI FERMENTATION AND BIOCHEM LTD.: COMPANY SNAPSHOT 232
TABLE 230 KOTHARI FERMENTATION AND BIOCHEM LTD.: PRODUCTS/SOLUTIONS OFFERED 233
14.1.6 ALLTECH 234
TABLE 231 ALLTECH: COMPANY OVERVIEW 234
TABLE 232 ALLTECH: PRODUCTS/SOLUTIONS OFFERED 234
TABLE 233 ALLTECH: EXPANSIONS 235
14.1.7 LALLEMAND INC. 236
TABLE 234 LALLEMAND INC: COMPANY OVERVIEW 236
TABLE 235 LALLEMAND INC.: PRODUCTS/SOLUTIONS OFFERED 236
TABLE 236 LALLEMAND INC.: DEALS 238
14.1.8 ICC 239
TABLE 237 ICC: COMPANY OVERVIEW 239
TABLE 238 ICC: PRODUCTS/SOLUTIONS OFFERED 239
14.1.9 LEIBER 240
TABLE 239 LEIBER: COMPANY OVERVIEW 240
TABLE 240 LEIBER: PRODUCTS/SOLUTIONS OFFERED 240
TABLE 241 LEIBER: EXPANSIONS 241
14.1.10 LESAFFRE 242
TABLE 242 LESAFFRE: COMPANY OVERVIEW 242
TABLE 243 LESAFFRE: PRODUCTS/SOLUTIONS OFFERED 243
14.1.11 PACIFIC FERMENTATION IND. LTD. 245
TABLE 244 PACIFIC FERMENTATION IND. LTD.: COMPANY OVERVIEW 245
TABLE 245 PACIFIC FERMENTATION IND. LTD.: PRODUCTS/SOLUTIONS OFFERED 245
14.1.12 PAK HOLDING 246
TABLE 246 PAK HOLDING: COMPANY OVERVIEW 246
TABLE 247 PAK HOLDING: PRODUCTS/SOLUTIONS OFFERED 247
14.1.13 KEMIN INDUSTRIES, INC. 248
TABLE 248 KEMIN INDUSTRIES, INC.: COMPANY OVERVIEW 248
TABLE 249 KEMIN INDUSTRIES, INC.: PRODUCTS/SOLUTIONS OFFERED 248
14.1.14 LAFFORT 249
TABLE 250 LAFFORT: COMPANY OVERVIEW 249
TABLE 251 LAFFORT: PRODUCTS/SOLUTIONS OFFERED 249
14.1.15 UNIFERM GMBH & CO. KG 250
TABLE 252 UNIFERM GMBH & CO. KG: COMPANY OVERVIEW 250
TABLE 253 UNIFERM GMBH & CO. KG: PRODUCTS OFFERED 250
14.1.16 CHR. OLESEN 252
TABLE 254 CHR. OLESEN: COMPANY OVERVIEW 252
TABLE 255 CHR. OLESEN: PRODUCTS/SOLUTIONS OFFERED 252
14.2 OTHER PLAYERS 253
14.2.1 AGRANO GMBH & CO. KG 253
TABLE 256 AGRANO GMBH & CO. KG: COMPANY OVERVIEW 253
TABLE 257 AGRANO GMBH & CO. KG: PRODUCTS/SOLUTIONS OFFERED 253
14.2.2 BIORIGIN 254
TABLE 258 BIORIGIN: COMPANY OVERVIEW 254
TABLE 259 BIORIGIN: PRODUCTS/SOLUTIONS OFFERED 254
14.2.3 BAKEMARK 255
TABLE 260 BAKEMARK: COMPANY OVERVIEW 255
TABLE 261 BAKEMARK: PRODUCTS/SOLUTIONS OFFERED 255
14.2.4 ABN APLICACIONES BIOLÓGICAS A LA NUTRICIÓN. 256
TABLE 262 ABN APLICACIONES BIOLÓGICAS A LA NUTRICIÓN.: COMPANY OVERVIEW 256
TABLE 263 ABN APLICACIONES BIOLÓGICAS A LA NUTRICIÓN: PRODUCTS/SOLUTIONS OFFERED 256
14.2.5 BIOCHEM ZUSATZSTOFFE HANDELS- UND PRODUKTIONSGESELLSCHAFT MBH 257
TABLE 264 BIOCHEM ZUSATZSTOFFE HANDELS- UND PRODUKTIONSGESELLSCHAFT MBH: COMPANY OVERVIEW 257
TABLE 265 BIOCHEM ZUSATZSTOFFE HANDELS- UND PRODUKTIONSGESELLSCHAFT MBH: PRODUCTS/SOLUTIONS OFFERED 257
14.2.6 KELIFF’S 258
14.2.7 ARSHINE PHARMACEUTICAL CO., LTD. 259
14.2.8 UNIQUE BIOTECH LIMITED 260
14.2.9 OENOBRANDS SAS 260
14.2.10 ENZYM GROUP 261
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
15 ADJACENT AND RELATED MARKETS 262
15.1 INTRODUCTION 262
TABLE 266 MARKETS ADJACENT TO YEAST MARKET 262
15.2 LIMITATIONS 262
15.3 FEED YEAST MARKET 262
15.3.1 MARKET DEFINITION 262
15.3.2 MARKET OVERVIEW 263
TABLE 267 FEED YEAST MARKET, BY GENUS, 2016–2019 (USD MILLION) 263
TABLE 268 FEED YEAST MARKET, BY GENUS, 2020–2025 (USD MILLION) 263
15.4 SPECIALTY YEAST MARKET 264
15.4.1 MARKET DEFINITION 264
15.4.2 MARKET OVERVIEW 264
TABLE 269 SPECIALTY YEAST MARKET, BY TYPE, 2017–2021 (USD MILLION) 264
TABLE 270 SPECIALTY YEAST MARKET, BY TYPE, 2022–2027 (USD MILLION) 265
16 APPENDIX 266
16.1 DISCUSSION GUIDE 266
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 272
16.3 CUSTOMIZATION OPTIONS 274
16.4 RELATED REPORTS 274
16.5 AUTHOR DETAILS 275
Table of Contents