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Add to CartGlobal Yeast and Yeast Extract Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Baker's Yeast, Brewer's Yeast, Wine Yeast, Feed Yeast, and Others.By Application;
Food & Beverages - Bakery & Confectionary, Beverages, and Others, Animal Feed, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Yeast and Yeast Extract Market (USD Million), 2021 - 2031
In the year 2024, the Global Yeast and Yeast Extract Market was valued at USD 3,161.29 million. The size of this market is expected to increase to USD 5,337.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.
The global yeast and yeast extract market is a dynamic sector driven by diverse applications across various industries, ranging from food and beverages to pharmaceuticals and animal nutrition. Yeast, a versatile microorganism, is primarily utilized in food production for its fermentation properties, which contribute to the texture, flavor, and preservation of a wide array of products. Yeast extracts, derived from yeast cells through processes like autolysis, offer concentrated flavors and nutritional components such as amino acids, vitamins, and minerals.
In the food and beverage industry, yeast extracts serve as natural flavor enhancers, providing umami taste profiles that enhance the palatability of soups, sauces, snacks, and ready-to-eat meals. Additionally, yeast derivatives find extensive application in bakery products, where they act as leavening agents, improving dough consistency and aiding in the fermentation process to achieve desired textures in bread and pastry products.
Beyond culinary uses, yeast and yeast extracts play pivotal roles in biotechnological and pharmaceutical applications. In biotechnology, yeast strains are harnessed for the production of enzymes, antibiotics, and biofuels, highlighting their significance in sustainable industrial processes. Moreover, in the pharmaceutical sector, yeast-derived products are utilized in the production of vaccines and therapeutic proteins, leveraging their safety, scalability, and compatibility with human health applications.
Global Yeast and Yeast Extract Market Recent Developments & Report Snapshot
Recent Developments:
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In November 2022, Lallemand Inc. acquired a company specializing in the production of yeast extracts and autolysates.
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In July 2021, AB Mauri North America launched a new line of yeast products for the baking industry.
| Parameters | Description |
|---|---|
| Market | Global Yeast and Yeast Extract Market |
| Study Period | 2021 - 2031 |
| Base Year (for Yeast and Yeast Extract Market Size Estimates) | 2024 |
| Drivers |
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| Restraints |
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| Opportunities |
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Segment Analysis
The global yeast and yeast extract market is characterized by diverse applications across various industries, driving its growth and segmentation. One significant segment includes the food and beverage industry, where yeast and yeast extracts are extensively used as flavor enhancers, nutritional supplements, and natural preservatives. The demand in this segment is bolstered by the rising preference for natural ingredients and clean-label products among consumers. Additionally, the pharmaceutical sector utilizes yeast extracts for their high content of vitamins, proteins, and minerals, contributing to their role in nutritional supplements and medicinal applications.
Another key segment is in the animal feed industry, where yeast-based products are recognized for their ability to improve animal health and performance. Yeast extracts are incorporated into animal feed formulations to enhance digestibility, promote gut health, and support immunity in livestock and poultry. This segment benefits from the growing emphasis on animal welfare and sustainable farming practices globally, driving the adoption of yeast-based feed additives. The industrial sector utilizes yeast extracts in biotechnological processes such as fermentation, biofuels production, and pharmaceutical manufacturing. Yeast's ability to convert sugars into alcohol and carbon dioxide is pivotal in these applications, reflecting its critical role in industrial biotechnology. The market's growth in this segment is propelled by advancements in bioprocessing technologies and the increasing application of yeast extracts in the production of bio-based chemicals and renewable energy sources. The global yeast and yeast extract market exhibits robust segmentation across food and beverage, animal feed, and industrial applications, driven by their nutritional benefits, functional properties, and versatile applications across various industries.
Global Yeast and Yeast Extract Segment Analysis
In this report, the Global Yeast and Yeast Extract Market has been segmented by Type, Application and Geography.
Global Yeast and Yeast Extract Market, Segmentation by Type
The Global Yeast and Yeast Extract Market has been segmented by Type into Baker's Yeast, Brewer's Yeast, Wine Yeast, Feed Yeast and Others.
Brewer's yeast is integral to the brewing industry, where it is employed in the fermentation of beer and other alcoholic beverages. It converts sugars into alcohol and carbon dioxide, affecting the flavor and alcohol content of the final product.Yeast extract is derived from yeast cells and is rich in amino acids, vitamins, and minerals. It serves as a flavor enhancer and nutritional supplement in various food products, including soups, sauces, snacks, and ready meals. Each type of yeast and yeast extract serves distinct purposes across different industries, contributing to both the flavor profile and nutritional value of a wide range of consumer and industrial products.
Global Yeast and Yeast Extract Market, Segmentation by Application
The Global Yeast and Yeast Extract Market has been segmented by Application into Food & Beverages, Animal Feed and Others.
Firstly, in the food and beverage industry, yeast and yeast extracts are widely used for their flavor-enhancing properties in soups, sauces, snacks, and ready-to-eat meals. They contribute to savory profiles and act as natural flavor enhancers, meeting consumer demand for clean label ingredients.
The pharmaceutical and healthcare sectors utilize yeast extracts in the production of vaccines, antibiotics, and dietary supplements. Yeast extracts are valued for their rich nutrient profile, including vitamins, proteins, and minerals, which support immune function and overall health benefits.
In the animal feed industry, yeast and yeast derivatives are incorporated into feed formulations to enhance animal growth, improve digestion, and boost overall animal health. This application benefits from yeast's high protein content and ability to enhance nutrient absorption, thereby improving feed efficiency and supporting sustainable livestock production practices.
Global Yeast and Yeast Extract Market, Segmentation by Geography
In this report, the Global Yeast and Yeast Extract Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Yeast and Yeast Extract Market Share (%), by Geographical Region, 2024
North America holds a prominent position in the market, driven by the strong demand for yeast and yeast extract in the food and beverage industry. The region's robust food processing sector, coupled with increasing consumer preference for natural ingredients, contributes to the market's expansion. Additionally, technological advancements in yeast production and extraction techniques further bolster market growth in this region.
Europe is another key market for yeast and yeast extract, characterized by extensive consumption in bakery products, alcoholic beverages, and savory applications. The region's stringent regulations on food additives and growing consumer awareness regarding health benefits associated with yeast products stimulate market development. Moreover, innovative product launches and strategic collaborations among key players enhance market competitiveness and penetration across European countries.
Asia Pacific emerges as a rapidly growing market for yeast and yeast extract, fueled by expanding food and beverage industries in countries like China, India, and Japan. Increasing disposable incomes, changing dietary preferences, and the rising trend towards convenience foods drive market growth in the region. Furthermore, investments in research and development to improve product quality and cater to diverse consumer preferences contribute to the market's expansion in Asia Pacific.
The global yeast and yeast extract market continues to evolve across North America, Europe, and Asia Pacific, driven by technological advancements, changing consumer preferences, and the expanding food processing industry. These regions play pivotal roles in shaping the market landscape, offering substantial growth opportunities for industry participants.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Yeast and Yeast Extract Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Demand for Natural Ingredients
- Increasing Use in Food Processing
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Growth in Fermented Beverages - The global yeast and yeast extract market is experiencing robust growth, particularly fueled by increasing demand in fermented beverages. Yeast and yeast extracts play a crucial role in the fermentation process of various beverages, including beer, wine, and cider. As consumer preferences shift towards craft and artisanal beverages, there's a heightened emphasis on quality and flavor consistency, driving the need for high-quality yeast products. In the beer industry, yeast is essential for fermentation, converting sugars into alcohol and carbon dioxide, thereby influencing the flavor profile and alcohol content of the final product. Craft breweries, in particular, are embracing diverse yeast strains to create unique flavors, catering to the evolving tastes of consumers.
In the wine sector, yeast is pivotal for fermentation, transforming grape sugars into alcohol. Winemakers are increasingly exploring different yeast strains and fermentation techniques to enhance aroma, taste, and mouthfeel, appealing to wine enthusiasts seeking novel sensory experiences.
Restraints:
- Price Volatility
- Quality Control Challenges
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Regulatory Compliance Burden - The global yeast and yeast extract market faces significant regulatory compliance burdens due to varying standards and regulations across different regions. Regulatory frameworks typically focus on food safety, labeling requirements, and production practices to ensure consumer health and product quality. In Europe, regulations such as those from the European Food Safety Authority (EFSA) enforce stringent guidelines on the use of yeast and yeast extracts in food products. This includes rigorous safety assessments and approval processes for novel ingredients to ensure they meet safety standards before entering the market. Compliance with these regulations requires extensive documentation and testing, adding to the operational costs for manufacturers.
In the United States, the Food and Drug Administration (FDA) oversees the safety and labeling of yeast products. Manufacturers must adhere to FDA guidelines on ingredient specifications, labeling accuracy, and good manufacturing practices (GMP). These standards aim to maintain product integrity and ensure transparency for consumers, but they also impose regulatory burdens that can impact market entry and operational efficiency.
Opportunities:
- Expansion in Health Supplements
- Technological Advancements
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Emerging Markets - The global yeast and yeast extract market is witnessing significant growth, driven by expanding applications across various industries and increasing consumer demand for natural ingredients. Emerging markets play a crucial role in this growth trajectory, offering substantial opportunities for market players. In regions like Asia-Pacific, particularly in countries such as China and India, rising disposable incomes and changing dietary preferences are boosting the demand for yeast and yeast extract products. The food and beverage sector, in particular, is witnessing a surge in demand for yeast extracts due to their flavor-enhancing properties and natural origin, catering to the growing consumer preference for clean-label products.
Latin America is also emerging as a promising market for yeast and yeast extracts, driven by increasing industrial applications in sectors such as pharmaceuticals and animal feed. The region's expanding food processing industry further fuels the demand for yeast extracts as natural additives and flavor enhancers in processed foods.
Competitive Landscape Analysis
Key players in Global Yeast and Yeast Extract Market include:
- Associated British Foods PLC (UK)
- Chr. Hansen A S (Denmark)
- Angel Yeast (China)
- Lallemand Inc. (Canada)
- Lesaffre (France)
- Leiber GmbH (Germany)
- Novozymes (Denmark)
- Koninklijke DSM N.V. (The Netherlands)
- Kerry Group PLC (Ireland)
- Synergy Flavors (US)
- Kothari Fermentation and Biochem Ltd. (India)
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Yeast and Yeast Extract Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Demand for Natural Ingredients
- Increasing Use in Food Processing
- Growth in Fermented Beverages
- Restraints
- Price Volatility
- Quality Control Challenges
- Regulatory Compliance Burden
- Opportunities
- Expansion in Health Supplements
- Technological Advancements
- Emerging Markets
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Compititive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Yeast and Yeast Extract Market, By Type, 2021 - 2031 (USD Million)
- Baker's Yeast
- Brewer's Yeast
- Wine Yeast
- Feed Yeast
- Others
- Global Yeast and Yeast Extract Market, By Application, 2021 - 2031 (USD Million)
- Food & Beverages
- Bakery & Confectionary
- Beverages
- Others
- Animal Feed
- Others
- Food & Beverages
- Global Yeast and Yeast Extract Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Yeast and Yeast Extract Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Associated British Foods PLC (UK)
- Chr. Hansen A S (Denmark)
- Angel Yeast (China)
- Lallemand Inc. (Canada)
- Lesaffre (France)
- Leiber GmbH (Germany)
- Novozymes (Denmark)
- Koninklijke DSM N.V. (The Netherlands)
- Kerry Group PLC (Ireland)
- Synergy Flavors (US)
- Kothari Fermentation and Biochem Ltd. (India)
- Company Profiles
- Analyst Views
- Future Outlook of the Market