- In 2023, AB Vista, a prominent yeast manufacturer, revealed the creation of an innovative yeast strain designed to enhance the efficiency of ethanol production from corn. This development marks a significant advancement in the company’s efforts to optimize fermentation processes. The new strain is expected to contribute to more sustainable and effective bioethanol production methods
- In 2023, Lallemand Biofuels, a division of Lallemand Inc., introduced a new yeast strain designed to withstand high temperatures, enhancing its application in bioethanol production. This strain can efficiently convert a diverse range of feedstocks into bioethanol. This innovation is expected to improve the flexibility and efficiency of biofuel production processes
- In 2022, Lesaffre, a prominent yeast producer, unveiled a new range of organic yeast products tailored for the bakery sector. This innovative line is designed to meet the growing demand for organic ingredients among health-conscious consumers. The launch reflects Lesaffre's commitment to sustainability and quality in the baking industry
- In March 2021, AB Mauri, a leading global player in the bakery industry, relocated its Global Technology Centre from Made to Etten-Leur in the Netherlands, situated about 40 km from Rotterdam. This strategic move aims to enhance the company's ability to deliver innovative bakery solutions and technology to its clients. The newly established center will function as an international research and development hub, featuring state-of-the-art laboratories, a fully equipped bakery, a pilot plant, a sensory panel, and seminar facilities to support various applications in the bakery sector
- In March 2021, Alltech, a prominent player in animal health based in the U.S., introduced Acutia, a new subsidiary dedicated to human health. Acutia specializes in high-quality supplements designed to improve daily nutrition and support long-term wellness. Its Acutia Selenium and Acutia Brain Health products utilize a unique, premium strain of brewer's yeast, enhancing the quality, absorption, safety, and effectiveness of the supplements
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, and Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast, and Others), Application (Food, Beverages, Bioethanol, Pharmaceuticals, and Feed) – Industry Trends and Forecast to 2031
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The Global Yeast Market size was valued at USD 5.47 USD Billion in 2023.
The Global Yeast Market is projected to grow at a CAGR of 8.7% during the forecast period of 2024 to 2031.
The major players operating in the market include Dun & Bradstreet, Conagra Brands, London Dairy Co, Danone, ADM, Daiya Foods, Grupo Bimbo, Associated British Foods, General Mills, Lantmännen Unibake, Aryzta, Vandemoortele, Europastry, Cole’s Quality Food.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
