Yeast and Yeast Derivates Market size is estimated to be USD 5.12 Billion in 2024 and is expected to reach USD 7.93 Billion by 2033 at a CAGR of 5.2% from 2026 to 2033.
The global Yeast and Yeast Derivatives market was valued at approximately USD 8.5 billion in 2022 and is projected to expand at a CAGR of 8.2% from 2023 to 2030. This growth is attributed to the increasing demand for natural and functional food ingredients, the rise in health conscious consumers, and the growing application of yeast derivatives in the pharmaceutical, nutraceutical, and biofuel sectors. The market is expected to reach around USD 16.2 billion by 2030. Yeast and its derivatives, including yeast extracts, beta glucans, and yeast proteins, are extensively used in various industries, including food and beverages, animal feed, and personal care, driving the market’s rapid expansion. The fermentation process, which produces these derivatives, is also a key driver for market growth, providing an eco friendly alternative to synthetic chemicals in many sectors.
Regionally, the North American and European markets hold a significant share of the global yeast and yeast derivatives market. North America is expected to continue its dominance due to the high demand for functional foods, beverages, and bio based products. The market size in North America was valued at around USD 2.6 billion in 2022, and it is expected to grow at a CAGR of 7.9% during the forecast period. Europe follows closely with a market size of approximately USD 2.3 billion in 2022, projected to grow at a CAGR of 7.5%. Asia Pacific is also witnessing substantial growth, driven by the increasing demand for bakery products, alcohol, and animal feed in countries like China and India. The APAC region is anticipated to register the highest CAGR of 9.1%, with the market size expected to reach USD 5.1 billion by 2030, presenting significant opportunities for growth in this sector.
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Lesaffre
Cargill
Lallemand
Alltech
Nutreco
Angel Yeast
Archer Daniels Midland (ADM)
ABF Ingredients
Diamond V Mills
Chr. Hansen
Pacific Ethanol
Biomin
Leiber GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Yeast and Yeast Derivates Market
Active Dry Yeast
Instant Yeast
Fresh Yeast
Nutritional Yeast
Baker’s Yeast
Food & Beverages
Animal Feed
Pharmaceuticals
Cosmetics & Personal Care
Biofuels
Powder
Granules
Liquids
Tablets
Fungal Yeast
Yeast Extract
Bakeries
Confectioneries
Breweries
Pharmaceuticals
Animal Nutrition
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Yeast and Yeast Derivates Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Yeast and Yeast Derivates Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Yeast and Yeast Derivates Market, By Type
6. Global Yeast and Yeast Derivates Market, By Application
7. Global Yeast and Yeast Derivates Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Yeast and Yeast Derivates Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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