The escalating demand for fermented foods & beverages has directly influenced the growth of the fermentation ingredients market among which yeast holds a major share. Application of yeast in the production of bakery products as well as alcoholic beverages such as wine and beer has prompted the high growth of the yeast market globally. The increase in demand for nutritious feed owing to the growing population of livestock is also influencing the high growth of the yeast market on a global platform.
Yeast and Yeast Extract Market contains market size and forecasts of Yeast and Yeast Extract in global, including the following market information:
- Global Yeast and Yeast Extract Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Yeast and Yeast Extract Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Yeast and Yeast Extract companies in 2021 (%)
The global Yeast and Yeast Extract market was valued at 2469.9 million in 2021 and is projected to reach US$ 3275.4 million by 2028, at a CAGR of 4.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Baker's Yeast Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Yeast and Yeast Extract include Associated British Foods, Chr. Hansen, Angel Yeast, Leiber, Lallemand, Lesaffre, Novozymes, Koninklijke and Kerry, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Yeast and Yeast Extract manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Yeast and Yeast Extract Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Yeast and Yeast Extract Market Segment Percentages, by Type, 2021 (%)
- Baker's Yeast
- Brewer's Yeast
- Wine Yeast
- Feed Yeast
- Bioethanol Yeast
- Others
Global Yeast and Yeast Extract Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Yeast and Yeast Extract Market Segment Percentages, by Application, 2021 (%)
- Food
- Beverage
- Feed
- Others
Global Yeast and Yeast Extract Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Yeast and Yeast Extract Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Yeast and Yeast Extract revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Yeast and Yeast Extract revenues share in global market, 2021 (%)
- Key companies Yeast and Yeast Extract sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Yeast and Yeast Extract sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Associated British Foods
- Chr. Hansen
- Angel Yeast
- Leiber
- Lallemand
- Lesaffre
- Novozymes
- Koninklijke
- Kerry
- Synergy Flavors
- ABF
- BioSpringer
- DSM
- Kohjin Life Sciences
- Lallemand Bio-Ingredients
- Sensient Technologies