North America Yeast Market By Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast, Others), Strains (Saccharomyces Cerevisiae, Saccharomyces Carlsbergiensis, Kluyveromyces Lactis and others), Derivatives (Cell Walls/MOS, High Purified Betaglucans, Yeast Culture) – Industry Trends and Forecast to 2030.
North America Yeast Market Analysis and Size
The growing demand for yeast from end-user industries such as food and beverages is propelling the market forward. Baker's yeast has a large market because it is widely used to improve the quality of bakery goods. Due to the increased consumer preference for convenience and packaged food products, the use of compressed yeasts in the bakery industry is increasing at a faster rate.
Data Bridge Market Research analyses that the yeast market was valued at USD 1487.2 million in 2022 and is expected to reach the value of USD 2814.47 million by 2030, at a CAGR of 8.3% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
North America Yeast Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Bioethanol Yeast, Feed Yeast, Others), Form (Fresh Yeast, Active Dry Yeast, Instant Yeast, Others), Strains (Saccharomyces Cerevisiae, Saccharomyces Carlsbergiensis, Kluyveromyces Lactis and others), Derivatives (Cell Walls/MOS, High Purified Betaglucans, Yeast Culture)
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Countries Covered
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U.S., Canada and Mexico
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Market Players Covered
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Dun & Bradstreet, Inc (U.S.), Conagra Brands, Inc. (U.S.), London Dairy Co. Ltd (U.K.), Danone S.A. (France), ADM (U.S.), Daiya Foods Inc. (Canada), Grupo Bimbo S.A.B.de C.V.(Mexico), Associated British Foods PLC (U.K.), General Mills Inc. (U.S.), Lantmännen Unibake (Denmark), Aryzta AG (Switzerland), Vandemoortele NV (Belgium), Europastry S.A. (Spain), Cole’s Quality Food Inc.(U.S.)
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Opportunities
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Market Definition
Yeasts are unicellular eukaryotic fungi with a distinct mechanism from bacteria and other prokaryotic microorganisms. Nearly every organelle found in a mature eukaryotic cell can be found in yeast. The most important are the nucleus, golgiapparatus, mitochondria, endoplasmic reticulum, vacuole, and cytoskeleton. Yeast cells typically have particle sizes of 510m. Soil, water, plants, animals, and insects can all be found in yeast's natural habitat, with plant tissues serving as a special habitat.
Yeast Market Dynamics
Drivers
- Growing demand from various end use industry
Increased demand for bakery products, increased alcoholic consumption, and the enrichment of animal feed products are all significant factors driving the growth of this market. Increased pet adoption and increased livestock health awareness are driving market growth.
- High demand for the organic food products
The bakery industry was a forerunner in the use of yeast as a key ingredient. Breads, rye breads, whole wheat bread, buns, white breads, brown breads, and a variety of other bakery products are in high demand around the world. These dominant factors are driving the market forward. Organic food retail sales have increased as consumer awareness of the benefits of organic food has grown.
Opportunities
- High prevalence of MSG
Monosodium glutamate is the sodium salt of glutamic acid (MSG). It is used as a food additive to enhance the palatability of foods by imparting a "umami" flavour. MSG helps to increase the presence of other flavour-active compounds. MSG has been shown in clinical studies to cause obesity, oxidative stress, renal and hepatotoxicity. MSG substitutes such as yeast extracts, derivatives, and nutritional yeast are used to provide the "umami" flavour. Certain organic yeast manufacturers claim that their products can be substituted for MSG.
Restraints
- Stringent regulations
However, stringent government regulations for yeast and yeast derivative products are expected to limit the use of yeast. Although organic food consumption benefits consumers' overall health, one of the major factors discouraging consumers is the high prices associated with organic products.
- High cost
Organic food is generally expensive due to agricultural production and processing costs. The need for legal regulations and compliance in a specific country also contributes to the product's high pricing which challenges market growth.
This yeast market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the yeast market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Yeast Market
The threatening coronavirus pandemic has had a negative impact on almost all businesses worldwide. Market participants in the North America yeast market have focused on increasing production of high-quality yeast to meet rising demand from health-conscious consumers in the midst of the pandemic. During the first wave of the coronavirus pandemic, market players developed innovative strategies to stay afloat in the business, despite some negative effects on the North America yeast market such as supply chain disruption. During the coronavirus pandemic, the growing trend and popularity of making baking items at home has greatly increased the sales of yeast products. The North America market is being driven by rising demand for yeast in the food and beverage industries. North America manufacturing firms are concentrating their efforts on increasing yeast production.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2019 Lallemand Baking will launch LalFerm, a new brand of fresh baker’s yeast, in North America. The new brand provides Bakers with customized yeast solutions for their applications (lean dough, sweet dough, rich dough, frozen dough, flexible proofing, Vitamin D rich, etc.).
North America Yeast Market Scope
The yeast market is segmented on the basis of type, form, strains and derivatives. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- baker’s yeast
- brewer’s yeast
- wine yeast
- bioethanol yeast
- feed yeast
- others
Form
- Fresh yeast
- Active dry yeast
- Instant yeast
- Others
Strain
- Saccharomyces cerevisiae
- Saccharomyces carlsbergiensis
- Kluyveromyces lactis
Derivatives
- Cell wall/MOS
- High purified betaglucanes
- Yeast culture
- Yeast hydrolysates
- Others
Yeast Market Regional Analysis/Insights
The yeast market is analyzed and market size insights and trends are provided by country, type, form, strains and derivatives as referenced above.
The countries covered in the yeast market report are U.S., Canada and Mexico.
The United States is expected to dominate the market in North America due to advances in technology and innovation in food ingredients, as well as rising consumption in the region. The United States is dominating the market and leading the growth in the North America market. Canada is dominant due to the region's growing innovative industries and people's lifestyles, with a promising growth rate from 2022 to 2029.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Yeast Market Share Analysis
The yeast market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to yeast market.
Some of the major players operating in the yeast market are:
- Dun & Bradstreet, Inc. (U.S.)
- Conagra Brands, Inc. (U.S.)
- London Dairy Co. Ltd (U.K.)
- Danone S.A. (France)
- ADM (U.S.)
- Daiya Foods Inc. (Canada)
- Grupo Bimbo S.A.B.de C.V.(Mexico)
- Associated British Foods PLC (U.K.)
- General Mills Inc. (U.S.)
- Lantmännen Unibake (Denmark)
- Aryzta AG (Switzerland)
- Vandemoortele NV (Belgium)
- Europastry S.A. (Spain)
- Cole’s Quality Food Inc.(U.S.)
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