Press release
Yeast Market Projected to Reach USD 9.75 Billion by 2030
The ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ was valued at USD 5.13 Bn in 2023 and is expected to reach USD 9.75 Bn by 2030, at a CAGR of 9.61 % during the forecast period.๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Yeast, a single-celled microorganism belonging to the fungus kingdom, has been a cornerstone of human consumption for centuries. With over 1,500 species recognized today, yeast plays a pivotal role in the production of baked goods, alcoholic beverages, and various industrial applications. The most common yeast species, Saccharomyces cerevisiae, thrives on sugars to produce carbon dioxide and alcohol, making it indispensable in industries such as food, beverages, and bioethanol production. Its versatility and widespread use ensure yeast remains a critical component across global markets.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/617/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ:
The primary driver of the yeast market is the escalating demand for bakery and confectionery products worldwide. As consumer preferences shift towards freshly baked and organic products, the need for high-quality yeast continues to grow. Additionally, the rise of artisanal baking and craft brewing has significantly contributed to the adoption of specialized yeast strains tailored to unique flavors and textures, further propelling market growth.
Another crucial factor is the expanding use of yeast in bioethanol production and the pharmaceutical industry. As global emphasis on renewable energy sources intensifies, yeast has emerged as a key player in biofuel production due to its ability to ferment sugars into ethanol. Simultaneously, its use in probiotics and as a natural food additive underscores its growing importance in health-conscious markets, driving further innovation and demand.
๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ซ๐๐ง๐๐ฌ:
One of the key trends in the yeast market is the increasing focus on genetically engineered and non-genetically modified yeast strains to meet the diverse needs of consumers and industries. Innovations in yeast applications, such as improving fermentation efficiency and flavor profiles in beverages or enhancing the nutritional value of baked goods, are reshaping market dynamics. Furthermore, the growing emphasis on sustainable and eco-friendly production processes aligns with consumer expectations, ensuring continued market expansion.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ฒ๐ฉ๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
The Yeast Market is expected to witness substantial growth across various type segments, including baker's yeast, brewer's yeast, wine yeast, bioethanol yeast, and feed yeast. Among these, baker's yeast dominates the market due to its extensive use in the bakery and confectionery industry, driven by rising demand for fresh and specialty baked goods. Brewer's yeast and wine yeast are also experiencing growth, fueled by the increasing popularity of craft brewing and premium wines. Bioethanol yeast is gaining momentum as the demand for renewable energy sources expands, while feed yeast continues to grow due to its application in animal nutrition, promoting better health and productivity in livestock.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/617/
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐๐๐ฌ๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's thriving food and beverage sector has become a key driver of yeast market growth in the country. The rising popularity of bakery products and alcoholic beverages is creating significant opportunities for yeast producers. Companies like ๐๐ง๐ ๐๐ฅ ๐๐๐๐ฌ๐ญ ๐๐จ., ๐๐ญ๐. have been expanding their footprint in Vietnam, leveraging its potential as a growing market for food and beverage innovation.
๐๐๐๐ฌ๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's yeast market is witnessing substantial growth, fueled by its expanding bakery and confectionery industries. Local initiatives to boost artisanal baking and premium alcoholic beverages are driving demand for high-quality yeast products. Key partnerships and investments, such as those by ๐๐๐ฌ๐๐๐๐ซ๐ ๐๐ซ๐จ๐ฎ๐ฉ, have further accelerated market growth by enhancing supply chain efficiencies and expanding product portfolios.
๐๐๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's yeast market is heavily influenced by its advanced brewing and fermentation technologies. With an increasing demand for craft beers and sake, companies like ๐๐ฌ๐๐ก๐ข ๐๐ซ๐จ๐ฎ๐ฉ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ, ๐๐ญ๐. are focusing on innovative yeast strains to enhance flavor profiles. Furthermore, the country's emphasis on probiotics and functional foods is shaping market trends, with yeast-based health supplements gaining popularity.
๐๐๐๐ฌ๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's yeast market is undergoing significant consolidation, with major players focusing on mergers and acquisitions to strengthen their market presence. Companies like ๐๐ซ๐ข๐๐ง๐ญ๐๐ฅ ๐๐๐๐ฌ๐ญ ๐๐จ., ๐๐ญ๐. have been actively collaborating with local manufacturers to enhance production capabilities and expand their reach in the competitive South Korean market.
๐๐๐๐ฌ๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's emphasis on sustainability and food security has led to advancements in yeast-based technologies. The city-state is investing in bioethanol production and yeast-derived bio-solutions to support its green energy initiatives. Recent innovations by ๐๐ ๐๐๐ฎ๐ซ๐ข in Singapore have focused on enhancing yeast fermentation efficiency for industrial and food applications.
๐๐๐๐ฌ๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains a dominant player in the global yeast market, driven by its robust bakery, brewing, and bioethanol industries. Companies like ๐๐๐ and ๐๐๐ฅ๐ฅ๐๐ฆ๐๐ง๐ ๐๐ง๐. are actively investing in R&D to develop innovative yeast strains for diverse applications. The growing popularity of organic and clean-label products is further fueling demand for yeast-based solutions in the country.
๐๐๐๐ฌ๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's yeast market is propelled by its well-established bakery industry and the growing demand for alcoholic beverages. Companies such as ๐๐๐ฌ๐๐๐๐ซ๐ ๐๐ซ๐จ๐ฎ๐ฉ and ๐๐ก๐ซ. ๐๐๐ง๐ฌ๐๐ง ๐๐จ๐ฅ๐๐ข๐ง๐ ๐/๐ are spearheading market growth with investments in sustainable production practices. Additionally, the region's focus on probiotics and functional foods is contributing to a surge in yeast-based health supplements.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/617/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ:
by Type
Baker's Yeast
Brewer's Yeast
Probiotics Yeast
Wine Yeast
Other
by Form
Dry Yeast
Instant Yeast
Fresh Yeast
by Application
Food
Feed
Other
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/yeast-market/617/
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Associated British Foods plc (U.K)
2. White Labs (San Diego)
3. Angel Yeast (China)
4. Keliff's (Cleveland, Ohio)
5. American International Foods, Inc. (Michigan)
6. Cofalec (France)
7. Lallemand Inc. (Canada)
8. Lesaffre (France)
9. Leiber GmbH (Germany)
10. Novozymes (Denmark)
11. Koninklijke DSM N.V. (The Netherlands)
12. Kerry Group PLC (Ireland)
13. Synergy Flavors (U.S.)
14. Kothari Fermentation and Biochem Ltd. (India)
15. Omega Yeast Labs LLC (US)
16. Pak Group (U.S.)
17. Oriental Yeast Co. Ltd. (Japan)
18. BSG Craft Brewing (U.S.)
19. London Dairy Co. Ltd (UK)
20. Lantmรคnnen Unibake (Denmark)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆ Global Frozen Yogurt Market https://www.maximizemarketresearch.com/market-report/frozen-yogurt-market/122850/
โฆ Urea Market https://www.maximizemarketresearch.com/market-report/global-urea-market/26788/
โฆ Coconut Market https://www.maximizemarketresearch.com/market-report/global-coconut-market/29399/
โฆ India Smartphone Market https://www.maximizemarketresearch.com/market-report/india-smartphone-market/20060/
โฆ Indian Electric Vehicle Market https://www.maximizemarketresearch.com/market-report/indian-electric-vehicle-market/14886/
โฆ Pet Food Market https://www.maximizemarketresearch.com/market-report/global-pet-food-market/21009/
โฆ Global Telemedicine Market https://www.maximizemarketresearch.com/market-report/global-telemedicine-market/63151/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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