From bread to beer and biofuels to probiotics, the humble yeast cell is powering a massive global industry projected to grow from $4.8 billion to $7.2 billion by 2030.
Key Takeaways
- The global yeast market size was valued at USD 4.8 billion in 2022 and is projected to grow to USD 7.2 billion by 2030 at a CAGR of 5.2%.
- Yeast market in Europe accounted for 35% of global revenue in 2023, driven by bakery demand.
- Baker's yeast segment dominated with 45% market share in 2022 due to rising bread consumption.
- World yeast production totaled 3.2 million metric tons in 2022, led by China at 1.1 million tons.
- Lesaffre produced 650,000 tons of yeast annually as of 2023 capacity.
- AB Mauri global production capacity stands at 1 million tons per year in 2023.
- Global baker's yeast consumption reached 2.1 million tons in 2023.
- Europe consumed 950,000 tons of yeast in 2023, 32% of global total.
- US per capita yeast consumption 1.2 kg/year in 2023 for baking.
- Lesaffre holds 25% global yeast market share as of 2023.
- AB Mauri (Associated British Foods) revenue from yeast USD 1.2 billion in FY2023.
- Angel Yeast net profit rose 15% to CNY 450 million in 2023.
- Global yeast market North America share 24% led by US at 18%.
- Europe yeast production 1.05 million tons in 2023, France 40% of it.
- Asia-Pacific fastest growing region at 6.2% CAGR 2023-2030 yeast market.
The global yeast market is steadily growing, driven by strong bakery demand in Europe and rising global consumption.
Consumption and Demand
- Global baker's yeast consumption reached 2.1 million tons in 2023.
- Europe consumed 950,000 tons of yeast in 2023, 32% of global total.
- US per capita yeast consumption 1.2 kg/year in 2023 for baking.
- Asia-Pacific yeast demand grew 6.5% to 1.4 million tons in 2023.
- Dry yeast consumption in home baking up 15% post-COVID to 600,000 tons.
- Nutritional yeast demand surged 11% to 120,000 tons in vegan markets 2023.
- Brewer's yeast consumption 280,000 tons in 2023 driven by beer industry.
- Animal feed yeast consumption 420,000 tons globally in 2023.
- Instant yeast demand in Asia hit 550,000 tons in 2023.
- Yeast extract use in savory flavors consumed 220,000 tons in 2023.
- Brazil yeast consumption 320,000 tons in 2023 for panification.
- Wine yeast demand 18,000 tons in 2023 from global vintners.
- Probiotic yeast consumption grew to 55,000 tons in health foods 2023.
- Fresh yeast consumption declined 3% to 680,000 tons in urban areas 2023.
- India yeast demand 180,000 tons in 2023, bakery sector 70%.
- Nutritional yeast per capita consumption in US 0.45 kg/year 2023.
- Yeast for biofuels demand 35,000 tons in 2023 amid green energy push.
- Europe savory yeast extract consumption 90,000 tons in 2023.
- Global inactive dry yeast use 150,000 tons for seasonings 2023.
- China bakery yeast consumption 750,000 tons in 2023.
- Pet food yeast inclusion rates led to 45,000 tons demand 2023.
- Autolyzed yeast demand in meat alternatives 75,000 tons 2023.
- Middle East yeast consumption 120,000 tons, growth 5.2% 2023.
- Organic yeast demand doubled to 40,000 tons in EU 2023.
- Torula yeast consumption 60,000 tons for aquaculture feeds 2023.
- Russia yeast demand 110,000 tons despite economic pressures 2023.
- Yeast beta-glucans consumption 28,000 tons in supplements 2023.
Consumption and Demand Interpretation
The world is quietly rising to the occasion, with global yeast consumption hitting 2.1 million tons—proving that whether we’re brewing beer, baking bread, or bolstering vegan cheese, our civilization is fundamentally built on a foundation of tiny, hungry fungi working overtime.
Key Players and Companies
- Lesaffre holds 25% global yeast market share as of 2023.
- AB Mauri (Associated British Foods) revenue from yeast USD 1.2 billion in FY2023.
- Angel Yeast net profit rose 15% to CNY 450 million in 2023.
- Lallemand employs 5,000 staff across yeast operations in 2023.
- DSM (now dsm-firmenich) yeast sales USD 800 million in 2023.
- Kerry Group acquired Biospringer yeast business boosting capacity 20%.
- Ohly (German yeast extract leader) exports to 80 countries in 2023.
- Leiber GmbH produces 50,000 tons yeast products annually.
- Chr. Hansen (now Novonesis) yeast R&D investment USD 120 million 2023.
- Pakmaya (Turkey) holds 40% domestic market share in 2023.
- Fleischmann's Yeast (US) annual sales 150,000 tons baker's yeast.
- BSG (Belgium) yeast revenue EUR 300 million in 2023.
- Kemin Industries yeast probiotics line generated USD 200 million 2023.
- Koninklijke DSM NV yeast patents total 450 as of 2023.
- Superbake (Australia) supplies 30% local yeast market.
- Levapan (Chile) exports yeast to 25 Latin countries 2023.
- Mauripan (AB Mauri brand) 20% Europe instant yeast share.
- Biospringer (Lesaffre) yeast extracts sales USD 400 million 2023.
- Anchor Yeast (South Africa) 60% regional market leader.
- Lalvin (Lallemand wine yeast) used in 70% premium wines.
- Red Star Yeast (Lesaffre US) 35% US retail market share.
- Anqi Yeast (Angel subsidiary) 15% China dry yeast share.
- Innova (Mexican yeast producer) capacity 100,000 tons/year.
- Vitalac (French animal yeast) revenue EUR 150 million 2023.
- Sensient Technologies yeast extracts for flavors USD 250 million sales.
Key Players and Companies Interpretation
Though Lesaffre may be the global kingpin, the yeast industry's rising tide—from AB Mauri's billion-dollar revenues to Angel's soaring profits and Lallemand's sprawling workforce—proves there's more than enough dough for everyone to prove their worth.
Market Size and Growth
- The global yeast market size was valued at USD 4.8 billion in 2022 and is projected to grow to USD 7.2 billion by 2030 at a CAGR of 5.2%.
- Yeast market in Europe accounted for 35% of global revenue in 2023, driven by bakery demand.
- Baker's yeast segment dominated with 45% market share in 2022 due to rising bread consumption.
- Global dry yeast market grew by 6.1% YoY in 2023, reaching USD 2.1 billion.
- Yeast extracts market expected to reach USD 1.5 billion by 2028 at 7.8% CAGR from 2023 base of USD 1.0 billion.
- Asia-Pacific yeast market expanded at 5.8% CAGR from 2018-2023, valued at USD 1.7 billion in 2023.
- Active dry yeast sales increased 4.5% globally in 2023 amid home baking trends.
- Industrial yeast market projected to hit USD 3.9 billion by 2027 from USD 3.2 billion in 2022.
- Brewer's yeast segment to grow at 6.3% CAGR through 2030 due to craft beer boom.
- Global yeast probiotics market size reached USD 450 million in 2023, up 8.2% from prior year.
- Instant yeast market share rose to 28% of total yeast market in 2023.
- Yeast for animal feed applications grew 5.7% in 2023 to USD 850 million globally.
- North America yeast market valued at USD 1.2 billion in 2023, CAGR 4.9% forecast to 2030.
- Organic yeast market surged 12% YoY in 2023, reaching USD 320 million.
- Wine yeast market expected to grow from USD 180 million in 2023 to USD 250 million by 2030.
- Global fresh yeast market declined 2.1% in 2023 due to shelf-life issues, valued at USD 1.1 billion.
- Nutritional yeast market hit USD 420 million in 2023, driven by vegan trends at 9.5% CAGR.
- Yeast beta-glucan market projected at USD 210 million by 2028 from USD 150 million in 2023.
- Autolyzed yeast extract segment grew 7.2% in 2023 to USD 650 million globally.
- Global yeast market CAGR averaged 5.4% from 2015-2023, with bakery holding 42% share.
- Latin America yeast market reached USD 450 million in 2023, up 4.8% YoY.
- Inactive dry yeast market valued at USD 280 million in 2023, forecast 6.0% CAGR.
- Yeast for biofuels production market grew 10.2% in 2023 to USD 120 million.
- Middle East & Africa yeast market at USD 220 million in 2023, CAGR 5.1% to 2030.
- Saccharomyces cerevisiae yeast dominated 55% of market in 2023 by species.
- Global yeast market revenue forecast to exceed USD 8 billion by 2032 at 5.0% CAGR.
- Food & beverage yeast applications held 68% market share in 2023.
- Yeast market in pharmaceuticals grew 7.5% to USD 380 million in 2023.
- Compressed yeast segment at 22% share in 2023, valued USD 1.05 billion.
- Global specialty yeast market reached USD 950 million in 2023, up 6.8%.
Market Size and Growth Interpretation
The yeast industry is proving it's far more than a simple rise, as its robust, multi-billion-dollar expansion is being kneaded by everything from the enduring comfort of bread and beer to the modern demands of vegan nutrition and animal feed.
Production Statistics
- World yeast production totaled 3.2 million metric tons in 2022, led by China at 1.1 million tons.
- Lesaffre produced 650,000 tons of yeast annually as of 2023 capacity.
- AB Mauri global production capacity stands at 1 million tons per year in 2023.
- Angel Yeast China facility outputs 300,000 tons of yeast yearly in 2023.
- Lallemand yeast production reached 200,000 tons in 2023 across 40 plants.
- Global baker's yeast production was 1.8 million tons in 2022.
- Dry yeast production in Europe hit 850,000 tons in 2023.
- Brazil produced 250,000 tons of yeast in 2023, mainly for baking.
- Instant active dry yeast output grew 7% to 450,000 tons globally in 2023.
- Yeast extract production worldwide was 180,000 tons in 2023.
- US yeast production totaled 380,000 tons in 2022 per USDA.
- India yeast manufacturing output 120,000 tons in 2023.
- Active dry yeast production in Asia-Pacific reached 1.2 million tons in 2023.
- Nutritional yeast production capacity globally at 95,000 tons/year in 2023.
- Brewer's yeast output 220,000 tons worldwide in 2023.
- French yeast production led EU at 420,000 tons in 2023.
- China exported 450,000 tons of yeast in 2023.
- Yeast for animal nutrition production 150,000 tons in EU 2023.
- Global fresh yeast production declined to 750,000 tons in 2023.
- Mexico yeast output 80,000 tons annually in 2023.
- Torula yeast production 45,000 tons globally in 2023.
- Yeast biomass production for probiotics 30,000 tons in 2023.
- Russia produced 90,000 tons of yeast in 2023 despite sanctions.
- Osmotolerant yeast production for high-sugar doughs 25,000 tons/year.
- Global inactive yeast production 110,000 tons in 2023.
- Australia yeast production 15,000 tons in 2023.
- Wine yeast production worldwide 12,000 tons in 2023.
- Turkey yeast output 70,000 tons annually 2023.
- Specialty yeast strains production 8,000 tons globally.
Production Statistics Interpretation
In the grand and yeasty theatre of global industry, China's behemoth output is the sourdough starter that fed the world, while every other nation, from France's artisanal pride to America's reliable rise, contributes its own spirited proof to humanity's endlessly rising loaf.
Regional Insights
- Global yeast market North America share 24% led by US at 18%.
- Europe yeast production 1.05 million tons in 2023, France 40% of it.
- Asia-Pacific fastest growing region at 6.2% CAGR 2023-2030 yeast market.
- China yeast consumption 900,000 tons in 2023, 28% global.
- Brazil holds 8% global yeast market, production 280,000 tons 2023.
- India yeast market CAGR 7.1% to USD 350 million by 2028.
- US yeast exports USD 120 million in 2023 mainly to Mexico.
- Germany yeast market size EUR 450 million in 2023.
- Middle East yeast imports totaled 80,000 tons in 2023.
- Africa yeast market growth 4.8% CAGR, South Africa leads.
- Japan nutritional yeast demand 25,000 tons annually 2023.
- Russia yeast production share 3% global in 2023.
- Mexico consumes 150,000 tons yeast yearly, 90% imported.
- Australia yeast market AUD 200 million in 2023.
- Turkey exports 50,000 tons yeast to Middle East 2023.
- Vietnam yeast demand up 9% to 45,000 tons in 2023.
- UK post-Brexit yeast imports from EU down 12% in 2023.
- Argentina yeast production 60,000 tons, regional exporter.
- Saudi Arabia yeast consumption 35,000 tons for bakery 2023.
- Canada yeast market CAD 250 million, growth 5% 2023.
- Indonesia yeast imports 70,000 tons from China 2023.
- Poland EU yeast hub production 180,000 tons 2023.
- UAE free zones boost yeast re-exports 20,000 tons 2023.
- Thailand bakery yeast demand 30,000 tons annually.
- Netherlands yeast exports EUR 400 million in 2023.
- Egypt yeast market EGP 2 billion equivalent 2023.
- South Korea functional yeast consumption 22,000 tons 2023.
Regional Insights Interpretation
While North America's established yeast hegemony faces a bubbling challenge from Asia-Pacific's rapid rise, Europe's cultural crust is upheld by France, and a global network of proofing, trading, and surprisingly nationalistic dependencies reveals that the world's economy truly rises on this microscopic workforce.
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