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Global Yeast Industry Report: Country Overview; Value Chain Analysis; Production Process; Trade Analysis; Market Dynamics: Drivers & Constraints, Industry Events, Innovations & Trends, SWOT Analysis; Porter’s Five Forces; Industry Best Practices: Sourcing Strategy, Procurement Model, Contract Structure, Negotiation Levers, Pricing Model, Key Factors Influencing the Quotation; Key Supplier Analysis, 2022-2027

Yeast Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices


The global Yeast market reached a value of about USD 4.10 billion in 2021. The industry is projected to grow at a CAGR of around 8.2% in the forecast period of 2022-2027 to reach a value of about USD 6.57 billion by 2027.

The global Yeast industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The use of the product in food products is primarily driving the market's growth. In the industry report, the key demand indicator is the highest category spender by region—Europe.

Industry Definition and Segmentation

Yeasts are single-celled eukaryotic microorganisms that reproduce asexually via budding or binary fission, produce ascospores, and are capable of digesting carbohydrates. It belongs to the fungus kingdom and is believed to account for 1% of all known fungal species. Yeasts may be found in soils and on plant surfaces throughout the planet, and they're especially plentiful in sugary media like flower nectar and fruits. The Yeast industry report comprises segments by application (food and baking, alcohol wine fermentation, animal feed, inactivated yeast applications, and yeast extract) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).

The European Region is Driving the Growth of the Industry

The European region holds the largest share in the market due to the changes in consumer habits and a rise in disposable money, the processed food and bread sectors in Europe. As a result, of the surge in processed food consumption, increased alcohol use, and increased knowledge of yeast's nutritional significance, the market is developing in the region. The increasing demand for bread items has led to the highest usage of yeast components in the country's bakery and brewers’ industries.

The industry is being driven by the extensive application of the product in the food and beverage (F&B) business. Yeasts are commonly employed in the fermentation process of various products, particularly in the bakery sector, which is a pioneer in yeast as a critical component. Bread, rye bread, whole wheat loaves of bread, buns, white bread, brown bread, and various other bakery items are in high demand across the world. Demand for bread items has increased due to increased urbanisation and the shift toward western consumption patterns. It is commonly used to make alcoholic drinks, bakery goods, and ready-to-eat (RTE) food products. It improves the product's quality, fragrance, texture, and flavour and speeds up the fermentation process driving the industry's expansion.

However, Stringent controls enforced by regulatory agencies and governments are limiting the market growth.

Best Procurement Practices

The global Yeast industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Yeast regions, such as engagement models, contract terms, and buyer and supplier negotiation levers.

Category Management Studies

Asexual reproduction through budding, in which a tiny bud is generated on the parent cell, is the most prevalent mechanism of vegetative development in yeast. The parent cell's nucleus divides into two daughter nuclei, which go into the daughter cell. The bud grows until it detaches from the parent cell and becomes a new cell. The daughter cell is usually smaller than the mother cell during the bidding process. Certain yeasts, such as Schizosaccharomyces pombe, replicate through splitting rather than blossoming, ensuing in two daughter cells of a similar size.

Various Uses of the Ingredient, Further Driving the Procurement of Yeast

The industry is witnessing growth due to increased demand for nutritional yeast, particularly among vegans. It's used as a condiment in various recipes because of its nutty and cheesy flavour, which helps to stimulate the taste of cheese in vegan foods, thicken sauces and dressings, and provide a nutritional boost. Due to growing health concerns among customers, demand for organically based food additives is expected to expand significantly, propelling the market forward. It is also used as a critical nutrient in the production of animal feeds which is furthering the industry's expansion. The market is being propelled forward by the product's application in a wide range of applications in the cosmetic sector and the rising demand for bioethanol as a fuel.

The regional markets for the industry can be divided into Europe, North America, the Asia Pacific, South America, and the Middle East and Africa.

Key Industry Players Mentioned in the Yeast Industry Report

  • Archer Daniels Midland (ADM)
  • Cargill Inc.
  • Tate & Lyle Plc.
  •  Ingredion Inc.
  • Roquette Freres
  • Tereos SA

Market Landscape

The yeast industry's primary tactics include product launches, mergers and acquisitions, joint ventures, and R&D operations. By decreasing salt content, saturated fats, and sugar, major yeast firms are focused on better product creation to boost people's health and wellness.

Key Initiatives by Companies

Lesaffre Group opened a new baking centre in Abidjan, West Africa, in January 2020 for its subsidiary, Lesaffre Ivoire, to provide innovative bread-making solutions. This new location will allow the firm to service its West African customers better, boost manufacturing capacity, and expand its geographic reach.

Kerry Group released its first non-GMO yeast, "Acryleast," in January 2019 to effectively reduce acrylamide levels by up to 90% without altering the flavour and texture of food and drinks. The introduction of this new product aided the corporation is expanding its clean label product line.

1.    Executive Summary
2.    Yeast Industry Snapshot

    2.1.    Yeast Market Outlook
    2.2.    Yeast Industry Analysis by Application
        2.2.1.    Food and Baking
        2.2.2.    Alcohol Wine Fermentation
        2.2.3.    Animal Feed
        2.2.4.    Inactivated Yeast Applications
        2.2.5.    Yeast Extract
    2.3.    Regional Overview
        2.3.1.    North America
        2.3.2.    Europe
        2.3.3.    Asia Pacific 
        2.3.4.    Latin America
        2.3.5.    Middle East & Africa
3.    Impact of Recent Events 
4.    Yeast Value Chain Analysis 
5.    Yeast Production Process
6.    Trade Analysis 
7.    Major Risk Factors in Sourcing
8.    Yeast Cost Structure
9.    Yeast Price Analysis 
10.    Key Demand Indicator Analysis
11.    Key Price Indicator Analysis
12.    Yeast Market Dynamics

    12.1.    Drivers & Constraints
    12.2.    Industry Events 
    12.3.    Innovations & Trends
    12.4.    SWOT Analysis
    12.5.    Porter’s Five Forces
        12.5.1.    Buyer Power
        12.5.2.    Supplier Power
        12.5.3.    Threat of New entrants
        12.5.4.    Threat of Substitutes
        12.5.5.    Industry Rivalry
13.    Industry Best Practices
    13.1.    Sourcing Strategy
    13.2.    Procurement Model
    13.3.    Contract Structure
    13.4.    Negotiation Levers
    13.5.    Pricing Model
    13.6.    Key Factors Influencing the Quotation 
14.    Key Supplier Analysis
    14.1.    AngelYeast Co., Ltd.
    14.2.    Lallemand Inc
    14.3.    Lasaffre Yeast Corporation
    14.4.    Associated British Foods
    14.5.    Leiber GmbH

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Key Questions Answered in the Report

The global Yeast market size was valued at USD 4.10 billion in 2021.

As per the end-use provided, the Food and baking segment is anticipated to lead the market between 2022 and 2027.

The significant demand for the product in various food and beverage products is one of the essential drivers of the Yeast market growth.

Angel Yeast, Lallemand, Lasaffre Yeast Corporation, AB Mauri, and Leiber GmbH are some of the key players in the market.

The Europe region of the Yeast industry holds a significant share in the market.

Analyst Review

The global Yeast market attained a value of USD 4.10 billion in 2021, driven by the extensive application of the product in the food and beverage (F&B) business. Yeasts are commonly employed in the fermentation process in various products like bread, alcohol, ready-to-eat (RTE) food products, etc., boosting the market growth. It is also used in animal feed as a crucial ingredient that further propels the industry's expansion. Also, aided by the growing use of the product in vegan products, animal feed, and rising demand for bioethanol as a fuel, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 8.2%. The market is projected to reach USD 6.57 billion by 2027. Some of the leading players in the industry are Angel Yeast, Lallemand, Lasaffre Yeast Corporation, AB Mauri, and Leiber GmbH.

Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.

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