Yeasts are eukaryotic, single-celled microorganisms classified as members of the fungus kingdom. The yeast lineage originated hundreds of millions of years ago, and 1,500 species are currently identified. The useful physiological properties of yeast have led to their use in the field of biotechnology.
The top 3 companies make up more than 60.55% market share of the yeast revenue market in 2019, and the world's large enterprises are mainly concentrated in Europe and China. The top three manufacturers are Lesaffe, AB Mauri, Angel Yeast.
Market Analysis and Insights: Global Yeast Market
In 2020, the global Yeast market size was US$ 3796 million and it is expected to reach US$ 5558.7 million by the end of 2027, with a CAGR of 5.6% during 2021-2027.
Global Yeast Scope and Market Size
Yeast market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Yeast market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Yeast market is segmented into
Food Grade
Feed Grade
Segment by Application, the Yeast market is segmented into
Bakery
Wine
Feed
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
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