The global market for yeast products reached nearly $7.1 billion in 2016. This market is expected to grow to nearly $7.6 billion in 2017 and $10.7 billion by 2022, with a compound annual growth rate (CAGR) of 7.1% from 2017 to 2022.

Yeast manufacturing is a multibillion-dollar business, and it is not only beer and baker’s yeast that generate high turnovers. The spirit industry is also a major consumer of yeast and feed yeast, cell wall components, yeast for bioethanol manufacturing, active live–yeast and mineral yeasts. The growth in demand for autolysates has been rapid: these products are not only used as protein components in other fermentations and cell cultures but increasingly as substitutes for monosodium glutamate and thus as flavor enhancers. In some countries autolysates are marketed as natural, vegetarian spreads of high nutritional value.

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Yeast products are available in many different forms, such as cream yeast, block yeast, dried yeast or dried instant yeast. Manufacturing different types entails different costs but at the same time offers options for diversification and for trade in different markets.

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Historically, yeast factories were found in virtually every country that used yeast either for beer manufacturing, for the production of bread and bakery products or for feeding. Due to price pressure, a consolidation during the 1980s and 1990s resulted in the shutdown of many small yeast factories in a number of countries and in the concentration of the global markets in the hands of a few players. In the last few years, however, this trend appears to be reversing, and countries that previously abandoned yeast production are now reconsidering, as they realize the strategic importance of yeast in the production of bread and the provision of a protein source for livestock; ultimately contributing to an increasing independence from imports.

Study Goals and Objectives
CHM053B Yeasts, Yeast Extracts, Autolysates and Related Products: The Global Market, which was published in 2014. It’s goal in publishing this updated report is to provide the reader with the most up-to-date information available on this important industry.

The updated report’s specific objectives support this broad goal. These objectives include analyzing production costs, market sizes, applications, price trends and market values for different yeast types and other factors that shaped the yeast industry as it exists today and will affect it in the future through 2022.

Scope of Report
The report starts by characterizing yeast products and by explaining the terminology used in the yeast industry. Production processes are described, mass balances established and investment and production costs discussed. These introductory chapters are followed by extensive descriptions of the different yeast markets. For each product, the rationale for using yeast in a specific application is given, historic consumption data are provided, which together with average market prices allow the calculation of market values and their developments. Forecasts are partly based on historical trends but also consider changes in underlying supply and demand relationships. Market forecasts are provided through 2022,including for volumes, prices and values. The industry section profiles the competitive environment and establishes in quantitative form yeast value chains before major players are characterized.

Information Sources
Both primary and secondary research methodologies were used in preparing this study. The findings and conclusions of this report are based on information gathered from developers, vendors, and users of yeast products for commercial applications. Interview data were combined with information gathered through an extensive review of secondary sources such as trade publications, trade associations, company literature, and online databases to produce the market estimates contained in this report.

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