Europe Experiences a Flourishing Yeast Renaissance, Paving the Way for Culinary Innovation and Sustainability

The yeast market offers a multitude of benefits, with the dominating segment being baker's yeast. Baker's yeast is widely used in the food industry, particularly in bread and pastry production, due to its leavening properties. It imparts a desirable texture and aroma to baked goods. Furthermore, yeast is a rich source of essential nutrients such as B vitamins and protein, making it valuable for the production of nutritional supplements and animal feed. Its versatility and nutritional value contribute to yeast's significance in the market.

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Data Bridge Market Research analyses that the Europe Yeast Market was valued at USD 1.46 billion in 2021 and is expected to reach USD 2.11 billion by 2029, at a CAGR of 4.7% from 2022 to 2029.  The growing global population requires increased food production to meet rising demand. As a key ingredient, yeast plays a crucial role in various food applications, such as bread, pastries, and fermented foods, contributing to higher yeast consumption in the food industry.

Key Findings of the Study

Alcoholic beverage production is expected to drive the market's growth rate

Yeast is pivotal in alcoholic beverage production, such as beer, wine, and spirits. It ferments sugars into alcohol, creating the desired flavors and alcohol content. The booming craft beer industry has fueled increased yeast demand as smaller breweries experiment with unique strains for distinctive brews. This microorganism's versatility and significance make it an indispensable component in the world of alcoholic beverage manufacturing.

Report Scope and Market Segmentation

Segment Analysis:

The Europe yeast market is segmented on the basis of type, form, strains and derivatives.

• On the basis of type, the Europe yeast market is segmented into baker’s yeast, brewer’s yeast, wine yeast, bioethanol yeast, feed yeast, and others
• On the basis of form, the Europe yeast market into fresh yeast, active dry yeast, instant yeast, and others
• On the strains, the Europe yeast market is segmented into saccharomyces cerevisiae, saccharomyces carlsbergiensis, and kluyveromyces lactis
• On the basis  derivatives, the Europe yeast market into cell wall/MOS, high purified betaglucanes, yeast culture, yeast hydrolysates, and others

Major Players

Data Bridge Market Research recognizes the following companies as the major Europe yeast market players Europe yeast market are Cargill, Incorporated (U.S.), Chr. Hansen Holding A/S (Denmark), Alltech (U.S.), Lallemand Inc (Canada), DSM (Netherlands), Nutreco (Netherlands), Kerry Group (Ireland)

Market Developments

• In 2020, Novozymes, a Danish industrial biotech firm, introduced Innova Fit, a non-genetically modified (non-GM) yeast technology. This innovation was designed to address the limitations in biofuel production that traditional yeast strains often encounter. Innova Fit was developed to enhance efficiency and productivity in biofuel production processes, offering a promising solution to overcome common bottlenecks and potentially revolutionize the biofuel industry
• In 2020, Lesaffre inaugurated the Baking Center of its subsidiary Lesaffre Ivoire in Abidjan. The new center is aimed towards new technological innovations for bread-making solutions. The expansion has benefitted Lesaffre in attracting more customers to its portfolio, increasing the company's revenue
• In 2019, ICC Brazil announced a strategic partnership with Lallemand, focusing on the advancement, manufacturing, and distribution of ethanol derived from sugarcane and inactive yeast by-products. This collaboration leveraged ICC Brazil's animal nutrition expertise and Lallemand's yeast technology proficiency. Together, they aimed to explore sustainable ways of producing ethanol and utilizing yeast by-products in various applications, enhancing their positions in the biofuel and agriculture industries
• In 2019, Lallemand Baking introduced LalFerm, a fresh baker's yeast brand, to the North American market. LalFerm offers tailored yeast solutions for various baking applications, including lean dough, sweet dough, rich dough, frozen dough, flexible proofing, and even Vitamin D-enriched options. This innovative product line empowers bakers with versatile yeast choices to meet specific needs, enhancing the quality and diversity of baked goods in the region's market

Regional Analysis

Geographically, the countries covered in the Europe yeast market report are Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe

As per Data Bridge Market Research analysis:

Germany is the dominant region in the Europe yeast market during the forecast period 2022-2029

Germany dominates the yeast market in Europe, accounting for around 60% of yeast consumption in both industrial and artisan applications. The country's significant bakery hub and soaring demand for bakery and brewery products fuel the heightened utilization of yeast ingredients. This dominance reflects Germany's pivotal role in the European yeast market, driven by its robust bakery and brewing industries and the widespread use of yeast in producing various baked goods and beverages.

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