Yeast Market Size to Capture USD 8.38 Billion in 2025

Yeast Market Size, Growth, and Trends 2025 to 2034

The global yeast market size is forecasted to expand from USD 8.38 billion in 2025 to USD 15.01 billion by 2034, growing at a CAGR of 6.7% during the forecast period from 2025 to 2034. This market growth is driven by expanding consumption of bakery and convenience food products, increasing demand in the brewing and bio-ethanol sectors, and the rising usage of yeast in nutritional and clean-label applications due to its functional, flavour-enhancing and sustainable properties.

Last Updated: 10 November 2025 Category: Food & Beverages Ingredients Insight Code: 5909 Format: PDF / PPT / Excel

Yeast Market Size, Share and Growth Innoation 2034

The global yeast market size estimated at USD 7.85 billion in 2024 and is predicted to increase from USD 8.38 billion in 2025 to nearly reaching USD 15.01 billion by 2034, growing at a CAGR of 6.7% during the forecast period from 2025 to 2034. The market is driven by the increasing consumer consumption of convenience food products and baked goods.

Yeast Market Size 2025 to 2034

Key Highlights

  • By region, North America dominated the market in 2024.
  • By region, Asia Pacific is expected to grow fastest during the forecast period.
  • By type, the baker’s yeast segment held a major market share of approximately 36.5% in 2024.
  • By type, the bioethanol yeast segment is projected to grow at a CAGR between 2025 and 2034.
  • By species, the Saccharomyces cerevisiae segment held a major market revenue of approximately 68.9% in 2024.
  • By species, the Pichia pastoris segment is projected to grow at a CAGR between 2025 and 2034.
  • By application, the food and beverage segment held a major market share of approximately 42.1% in 2024.
  • By application, Bioethanol Production segment is projected to grow at a steady growth between 2025 and 2034.
  • By product, the yeast extract segment held a major market share of approximately 35.7% in 2024. 
  • By product, the yeast cell wall segment is projected to grow at a steady growth between 2025 and 2034. 
  • By end use, the bakery & confectionery segment held a major market share of approximately 37.8% in 2024.
  • By end use, the biofuel & biotech segment is projected to grow at a steady growth between 2025 and 2034.

Industry Coverage

Study Coverage Details
Growth Rate from 2025 to 2034 CAGR of 6.7%
Market Size in 2025 USD 8.38 Billion
Market Size in 2026 USD 15.01 Billion
Market Size by 2034 USD 15.01 Billion
Largest Market North America
Base Year 2024
Forecast Period 2025 to 2034
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

What is the Yeast Market?

The global yeast market represents the ecosystem of production, distribution, and application of living microorganisms (primarily Saccharomyces cerevisiae) used in food processing, fermentation, bioethanol generation, animal feed, and biotechnology. Yeast serves as a natural leavening, flavoring, and fermentation agent in bakery and beverage industries and is also used in nutritional supplements, feed additives, and pharmaceutical processes.

The market includes baker’s yeast, brewer’s yeast, wine yeast, feed yeast, and bioethanol yeast, supplied in various forms such as dry, instant, fresh, and liquid. The market is also driven by rising demand for convenience bakery products, bioethanol expansion, clean-label food ingredients, increasing demand for functional nutritional products, rising advancements and innovations in plant-based food solutions. Asia-Pacific leads global production and consumption, while North America and Europe focus on high-value yeast extracts and specialty formulations.

Yeast Market Outlook

  • Industry Growth Overview: Between 2025 and 2034, the yeast industry is expected to see rapid growth due to the increasing demand for bakery products and alcoholic drinks, rising innovations and improvements in fermentation technology, improved texture and stability, increasing demand for convenience and longer-shelf life, rising investment in research and development, increasing disposable incomes and increasing demand for bioethanol. The market growth is also driven by growing rapid industrialization and urbanization, growing global population, increasing adoption of biofuels, reducing greenhouse gas emissions, increasing popularity of home baking and expansion of food and beverage industry, especially in Asia-Pacific, North America and Europe
  • Increasing consumer preference towards sustainability: The sustainability in the market is driven by the growing consumer demand for natural products and increasing efficient resource management and circular economy. Major practices such as using byproducts such as molasses, minimizing energy and water consumption through renewable energy and process optimization and repurposing yeast biomass for other products such as biofuels or animal feed. In addition, rising innovations in waste stream management, genetic engineering and precision fermentation further enhance the preference towards sustainability in the global market. 
  • Startup Ecosystem: Startup ecosystems preferences in the global market for yeast is driven by the increasing consumer preference towards sustainability, increasing consumer demand for clean-label and plant-based products due to urbanization and industrialization, rise in health-conscious and vegan diets and increasing focus on food safety and rising improvements in processing technologies with the expansion of online sales channels, such as artificial intelligence (AI) and Internet of Things (IoT), and increasing demand for pre-packaged and ready-to-eat foods, further shelf-life, texture and flavor.

Key Technological Shift in Yeast Market

The rise of technological advancements in the global yeast industry are growing by developing specialized yeast strains and enhancing production efficiency through techniques such as AI-driven process optimization, genetic engineering and precision fermentation. These innovations are enhancing sustainability, quality and yield, leading to new applications in biotechnology, feed and food. In addition, major developments such as using downstream processing, creating yeast with enhanced functional traits and optimizing fermentation variables in real-time to maximize valuable byproducts, which further expected to revolutionize the growth of the yeast market in the coming years.

Trade Analysis of Yeast Market: Import & Export Statistics

  • India: India's total yeast exports were approximately 8.97 million, with top destinations such as the United Arab Emirates, the Philippines and Colombia in 2023. India imported around 38 million in yeast from various countries.
  • China: China imported 798.442 yeast in March 2025.

Value Chain Analysis of Yeast Market

Raw Material Procurement

  • In the yeast industry, the raw material procurement deals with strategic procedure of purchasing, evaluating, processing, sourcing and packaging of clean-label food products from the various natural, plant-based and natural food products.

Packaging and Branding

  • Branding and Packaging for global yeast market focuses on creating packaging which may ensures remain stable, safe and fresh by protecting them from contamination, light and moisture.

Waste Management and Recycling

  • The waste management and recycling in the yeast industry are including rejected batches and leftover raw materials such as sweeteners, flavors and tastes, which may drive market growth during the forecast period.

Yeast Industry Regulatory Landscape: Global Regulations

Country Regulatory Body Key Regulations Focus Areas Notable Notes
India Food Safety and Standards Authority of India (FSSAI) Food Safety and Standards (Packaging and Safety Regulations) and Licensing and Registration of Food Businesses) The yeast market focuses on bioethanol and food and beverage industries, enhance biotechnology and sustainability and health and wellness. The market also focuses on probiotics, dietary supplements and functional foods due to rich nutritional profile.  Yeast is highly used in the natural and plant-based food sources for their capacity to enhance the efficiency, consistency and quality of high-quality food products, to enhance consumer immune system and health and wellness.

Yeast Market Regional Insights

Why is North America Dominating the Yeast Market?

North America dominated the global market revenue in 2024. The market growth in the region is witnessing rapid growth, driven by the demand for plant-based, clean-label and gluten-free products in the food and beverage industry. Major factors such as the increasing applications in dairy alternatives, snacks and processed foods and increasing demand for bakery products and alcoholic beverages. The U.S. and Canada are the major countries driving the market growth.

The U.S. Yeast Market Trends

The U.S. dominated to global market revenue, with demand driven by the popularity of convenience and processed foods, clean-label ingredients, increasing demand for bakery and vegan foods, increasing consumer focus on gut health, and increasing demand for gluten-free and plant-based products such as dairy and bakery alternatives.

Asia Pacific Expects the Fastest Growth in the Market During the Forecast Period.

The market growth in the region is driven by factors such as the increasing consumer demand for gluten-free and vegan diets, increasing demand for processed and convenience foods, growing rapid industries such as food and beverages, cost-effectiveness, high yield, and increasing consumer awareness of gut health and digestion. China, India, Japan and South Korea are the fastest growing countries driving the market growth.

India Yeast Market Trends

India is expected to grow fastest during the forecast period. The global yeast industry in India is growing rapidly, driven by increasing demand gluten-free and natural ingredients, increasing government supportive initiatives, expansion of food and beverage industry, and increasing consumer popularity of veganism and natural ingredients.

Europe is Expected to Grow at a Notable Rate During the Forecast Period. 

The global yeast market is driven by the increasing use of yeast in animal feed for its nutritional yeasts, increasing growth of well-developed beverage industry, increasing demand for processed and bakery foods, technological advancements in yeast applications, expansion of bioethanol production and increasing demand for plant based and natural ingredients. The UK, Germany and France are the major countries driving the market growth.

Germany Yeast Market Trends

The yeast industry in Germany is driven by the increasing demand for plant-based and clean-label foods, which is driving the yeast sector. Major growth factors such as the rising technological in fermentation processes, a strong tradition in baking and brewing and increasing consumer preference towards vegetarian and vegan culture. 

Latin America Yeast Market Trends

The market growth in the region is driven by the increasing large consumer base, growing rapid urbanization, growing food and beverage, increasing use of yeast in animal feed, growing middle class population, expanding biofuel industry, increasing adoption of yeast as a feed supplement, demand for fresh and organic yeast products and increasing consumer preference for natural and healthy ingredients. Brazil, Mexico and Argentina are the major countries driving the market growth.  

Mexico Yeast Market Trends

The market growth in the country is driven by increasing demand for biofuels and bioethanol and expanding food and beverage industries, especially convenience and processed foods. Other factors such as the increasing consumer preference towards gluten-free and non-GMO diets and growing strong food processing industry, increasing consumer trend towards home baking and increasing demand for baked goods. 

Middle East and Africa are the Significant Region in the Yeast Market in 2024

The market growth in the region is driven by factors such as increasing support from private and government, increasing investment in efficiency improvements and processing, increasing use of yeast in various industries, increasing demand for vegan, convenient and processed food, increasing disposable incomes, growing food and beverage industry and rising rapid urbanization. South Africa, UAE, Saudi Arabia and Kuwait are the major countries driving the market growth.  

South Africa Yeast Market Trends

The food and beverage industry is the largest consumer in the country, driven by increasing consumer trend towards home baking, increasing government policies for biofuels, rising investment in research and development, increasing use in bioethanol production and increasing demand for yeast in food and beverages.

Segmental Insights

Type Insights

Why Baker’s Yeast Segment Dominating the Yeast Market?

The baker’s yeast segment dominated the global market by having approximately 36.5% revenue in 2024. The baker’s yeast plays an important role in the yeast industry due to its major role in the continuously expanding bakery market. The segment growth in the global market is driven by increasing demand for baked products and bread, both from home bakers and industrial bakeries. The significance of it is driven by its application in producing other products such as bioethanol, which are expected to drive market growth.

The Bioethanol Yeast Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the yeast market is driven by factors such as rising advancements in yeast technology for cost-effectiveness and higher yields, increasing ability to ferment various feedstocks such as waste materials and increasing need for sustainable energy. This specialized yeast has significant market significance with various applications increasing to cleaning products, pharmaceuticals and food.

The wine yeast segment is expected to grow at a notable rate during the forecast period. The segment growth in the global market is driven by factors such as increasing consumer trend towards both home and commercial winemaking, increasing consumer demand for premium, natural, high-quality wines, rising technological advancements, creating specific aromas and flavors and increasing demand for high-performing and reliable yeast strains. 

Species Insights

Why is Saccharomyces cerevisiae Segment Dominating the Yeast Market?

The Saccharomyces cerevisiae segment dominated the global market by having approximately 68.9% of revenue in 2024. The segment growth in the global market is driven by increasing demand for yeast across health sectors, industrial and consumers, increasing ability to improve animal and human health, ability to ferment sugars into carbon dioxide and alcohol, increasing demand in enzymes, biofuels and pharmaceuticals, increasing demand for alcoholic beverages and baking and widespread use in food and beverage production.

The Pichia Pastoris Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the global yeast market is attributed to the factors such as increasing capacity for post-translational secretion and modification, increasing rapid expression rates and increasing ability to grow to high cell densities. Leading to efficient and cost-effective production processes, Pichia pastoris can be grown to very high cell densities, which expected to drive the market growth.

The Candida Utilis segment is expected to grow fastest during the forecast period. Candida utilis offers various benefits such as its production of valuable metabolites and biomass and ability to grow on inexpensive waste streams. It serves as a food and animal feed applications for its nutritional value and potential, functions as a versatile host for producing recombinant proteins and source of protein and bioelements to improve gut health and improve palatability.

Application Insights

Why is Food and Beverage Segment Dominating the Yeast Market?

The food and beverage segment dominated the global market by having approximately 42.1% revenue in 2024. The segment growth in the global market is driven by factors such as the increasing consumer awareness towards gut health, health and wellness, increasing consumer preference towards protein sources, increasing growth of plant-based and organic food and beverages, increasing demand for clean-label and natural products, growing aging population, rising product formulation and innovation, and support immune function and gut health.

The Bioethanol Production Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the yeast market is driven by various benefits such as reduced fossil fuel consumption, energy security and reduced greenhouse gas emissions, by enabling r for producing bioethanol from diverse feedstocks, such as biomass, agricultural waste and food crops. This process also produces valuable co-products such as bio-fertilizer, which enhance the demand for bioethanol production.

The pharmaceuticals and nutraceuticals segment is expected to grow at a notable rate during the forecast period. The growth of the segment is driven by factors such as the increasing high efficiency of yeast expression systems, expansion of the functional food and biotechnology industries, increasing consumer awareness towards health and wellness, improved ability and scalability to produce highly pure proteins, increasing consumer preference towards health-focused, clean-label and natural products and rising technological advancements in fermentation processes and genetic engineering. 

Product Insights

What Factors Help Yeast Extract Segment to Grow in 2024?

The yeast extract segment dominated the global yeast market by having approximately 35.7% of revenue in 2024. The segment growth in the market is driven by various benefits such as increasing demand for flavor enhancement products such as sauces, snacks and soups, increasing consumer demand for natural and clean label products, increasing demand for vegan, non-GMO and gluten-free products, reduced fat, sugar and salt and growing sustainability trends. 

The Yeast Cell Wall Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the yeast market is driven by factors such as boosting animal performance metrics such as feed efficiency and growth rate, strengthening the immune system through components such as mannans and glucans and improving gut health by binding pathogens such as mycotoxins and bacteria.

The yeast protein and nutrients segment is expected to grow at a notable rate during the forecast period. The segment growth in the yeast market is driven by factors such as increasing consumer awareness towards health and wellness, increasing consumer focus towards gut health, energy and muscle growth, high versatility, digestibility and sustainability and increasing demand for animal-based proteins with dietary restrictions.

End Use Insights

How is Bakery & Confectionery Segment Dominating the Yeast Market?

The bakery and confectionery segment dominated the market by having approximately 37.8% of revenue in 2024. The segment growth in the global market is driven by factors such as increasing demand for processed and convenience food, increasing popularity of specialty products and artisanal, increasing consumer trend towards non-GMO, organic and natural ingredients, rising technological advancements and product innovation, expansion of confectionery and baking industry, adoption of western dietary habits, increasing disposable incomes and rapid urbanization. 

The Biofuel & Biotech Segment is Expected to Grow Fastest During the Forecast Period. 

The segment growth in the yeast market is driven by factors such as increasing consumer demand for health-focused, natural and sustainable products, increasing strong government initiatives for renewable energy, rising technological advancements in genetic engineering, increasing demand for huge range of non-food raw materials, and increasing need for sustainable energy solutions.

The animal feed segment is expected to grow at a notable rate during the forecast period. The segment growth in the global market is attributed to the increasing focus on gut health and digestion, increasing need to improve animal nutrition and health, increasing consumer preference towards sustainable farming practices, antibiotic reduction in animal agriculture and increasing demand for high-quality animal protein.

Recent Developments in the Yeast Market

Novonesis

  • Launch: In June 2025, Novonesis launched a breakthrough yeast biosolution, Innova Eclipse-L and Innova Total A6 for longer fermentations. This yeast biosolution helps to deliver exceptional substrate to ethanol conversion while withstanding fermentation companion enzymes, plus Innova Total A6, an advanced yeast, Innova Eclipse-L and rigors, ensures the most effective operational flexibility and performance for ethanol plants operating with long fermentation. (Source: Ethanol Producer)

Lesaffre

  • Launch: In June 2025, an independent French key global player in fermentation, Lesaffre launched yeast-based ingredient joint venture. The aim behind this launch was to enable enhanced savory ingredient and yeast derivatives for food and feed markets. (Source: Aqua Feed)

Top Vendors in Yeast Market & Their Offerings

Lesaffre

Corporate Information

  • Name: Lesaffre (often “Lesaffre Group”)
  • Headquarters: Marcq en Barœul, France. 
  • Founded: 1853 (as a grain alcohol & gin plant by Louis Lesaffre and Louis Bonduelle) 
  • Business focus: Fermentation, microorganisms (yeast, bacteria, etc.), serving markets in baking (yeast for bread), food taste & pleasure, animal & plant nutrition, industrial biotechnology.

History and Background

  • 1853: Louis Lesaffre and Louis Bonduelle started a grain alcohol & gin plant in Marquette lez Lille, France. 
  • Soon after: They acquired a mill in Marcq en Barœul; from this site grew Société Industrielle Lesaffre, the core of the Group. 

Key Developments and Strategic Initiatives

  • R&D Campus inauguration (2022): Lesaffre inaugurated its R&D Campus in Marcq en Barœul & Marquette lez Lille. It includes a biofoundry, advanced labs, and is oriented to accelerate innovation in food, animal, plant, and industrial biotechnologies. 
  • Sustainability initiatives: For example, the heat recovery unit at its historic Marcq en Barœul plant in partnership with ENGIE Solutions: the system will reuse heat from fermentation, reduce CO₂ by 30,000 tons/year, save water. 

Mergers & Acquisitions

  • Acquisition of Altar (2024): Lesaffre acquired Altar (a French start up specialising in Adaptive Laboratory Evolution of microorganisms) to boost its R&D capacity. 
  • Acquisition of majority stake in Biorigin (2024): Lesaffre took 70% stake in Biorigin (Brazil‐based yeast derivatives business) to strengthen production/supply of yeast derivatives for savoury ingredients. 
  • Acquisition of the yeast extract business of DSM Firmenich (2024): Lesaffre signed and completed acquisition of DSM Firmenich’s yeast extract go to market organisation & know how. 

Partnerships & Collaborations

  • Lesaffre and ENGIE Solutions for the heat recovery unit project at the Marcq en Barœul site. 
  • Collaboration with research labs (e.g., Laboratory of Biology and Modelling of the Cell) to use high throughput genomic tools (biofoundry) to analyse yeast strains.

Product Launches/Innovations

  • The R&D Campus features a biofoundry capable of screening thousands of microorganisms per day (instead of per month) which demonstrates innovation in strain development. 
  • Innovations in yeast and derivatives: e.g., specialised yeast for novel bread baking processes, improved performance for bakers (see Polish site info). 

Key Technology Focus Areas

  • Microorganism/fermentation expertise: yeasts, bacteria, etc. 
  • Adaptive Laboratory Evolution (ALE) and precision strain development (via the Altar acquisition) for selecting strains with specific properties. 
  • Biofoundry/high throughput screening: robotics, genomics, transcriptomics, metabolomics to accelerate R&D. 

R&D Organisation & Investment

  • R&D workforce: The company says “more than 700 experts worldwide” support the RD&I ambitions. 
  • At the 2022 Campus inauguration it noted: “600 employee across platforms for excellence in scientific research and 62 applied science centres worldwide.” 
  • Investment trend: They intend to increase their R&D budget by about 10 15% annually (as noted in the Campus announcement). 

SWOT Analysis

Strengths

  • Long heritage (170+ years) and deep expertise in fermentation/microorganisms.
  • Global footprint, diversified business units (baking yeast, food taste, animal/plant nutrition, industrial biotech).
  • Strong R&D capabilities (biofoundry, applied science centres, high throughput screening).
  • Strategic acquisitions & partnerships enhancing capabilities in yeast derivatives and savory ingredients.
  • Commitment to sustainability and process innovation (heat recovery, water savings).

Weaknesses

  • As a large global group with many operations, possible complexity in coordination, and high capital expenditure in R&D and manufacturing.
  • Dependence on commodity type raw materials (e.g., for fermentation) and vulnerability to input cost fluctuations (sugar, energy, water).
  • In some segments (e.g., newer industrial biotech), competition is intense and may require time for ROI.

Opportunities

  • Growing demand for natural, “clean label” ingredients and yeast based flavour/taste solutions (savory ingredients market).
  • Sustainability driven regulation and consumer demand (microbial fermentation as alternative to fossil based or synthetic ingredients).
  • Emerging markets (Asia, Latin America) expanding in baking and animal/plant nutrition sectors.
  • Use of precision fermentation to produce novel ingredients (proteins, flavours, bio based chemicals) opens new growth avenues.

Threats

  • Regulatory changes (food safety, GMO/microbial regulations) may increase cost or restrict certain technologies.
  • Competition from other players in fermentation, synthetic biology, and alternative ingredient markets.
  • Supply chain risks: energy or water shortages, logistic disruptions, geopolitical risks in global manufacturing.
  • Commodity price volatility and margin pressure in baking yeast business (a relatively mature segment).

Recent News & Strategic Updates

  • October 2025: Lesaffre and ENGIE Solutions inaugurated a new heat recovery unit at its Marcq en Barœul plant, enabling reuse of fermentation heat, cutting ~30,000 tons CO₂ and saving 150,000 m³ of water annually. 
  • June 2024: Signed agreement to acquire the yeast extract business of DSM Firmenich, to bolster its presence in savory ingredients.

Other Top Companies Lists

  • Angel Yeast: Angel Yeast is a major producer with a strong presence and growing influence. The company using advanced fermentation practices across food, animal nutrition, and pharmaceutical industries.
  • Lallemand Inc: Lallemand Inc Canadian company known for its agility, research collaborations, and expertise in precision fermentation for sustainable, baking and sustainable processes.
  • British Foods Plc
  • Cargill, Incorporated
  • Chr. Hansen A/S
  • Alltech Group
  • Koninklijke DSM N.V.
  • Nutreco N.V.
  • Kerry Group plc
  • Synergy Flavors, Inc.
  • The Archer Daniels Midland Company
  • Oriental Yeast Company Limited
  • Diamond V Mills, Inc. (Diamond V)
  • Pacific Ethanol, Inc
  • Leiber GmbH etc.

Segments Covered in the Report

By Type

  • Baker’s Yeast
    • Active Dry Yeast
    • Instant Dry Yeast
    • Fresh Yeast
  • Brewer’s Yeast
    • Top-Fermenting (Ale Yeast)
    • Bottom-Fermenting (Lager Yeast)
  • Wine Yeast
    • Saccharomyces cerevisiae var. bayanus
    • Hybrid Strains for Aroma Control
  • Feed Yeast
    • Nutritional Yeast
    • Torula Yeast
  • Bioethanol Yeast
    • Fuel-Grade Yeast
    • Industrial Fermentation Strains

By Species

  • Saccharomyces cerevisiae
    • Baker’s and Brewer’s Yeast Strains
    • Bioethanol Yeast
  • Kluyveromyces marxianus
    • Dairy Fermentation Yeast
    • Aroma Compounds Production
  • Candida utilis
    • Feed Protein Source
    • Nutritional Yeast Extracts
  • Pichia pastoris
    • Recombinant Protein Expression

By Application

  • Food & Beverages
    • Bakery Products
    • Alcoholic Beverages (Beer, Wine, Spirits)
    • Dairy & Processed Foods
  • Feed
    • Animal Nutrition
    • Aquaculture Feed
  • Bioethanol Production
    • Fuel Ethanol Plants
    • Industrial Fermentation Units
  • Pharmaceuticals & Nutraceuticals
    • Probiotics
    • Immune Support Supplements

By Product

  • Yeast Extract
    • Food Flavor Enhancers
    • Nutritional Additives
  • Autolyzed Yeast
    • Feed Supplement
    • Flavor Base Ingredient
  • Yeast Cell Wall
    • Mannan-Oligosaccharides (MOS)
    • Beta-Glucans
  • Yeast Protein & Nutrients
    • Single-Cell Protein
    • Yeast Hydrolysates

By End-Use Industry

  • Bakery & Confectionery
    • Bread
    • Biscuits & Cakes
  • Beverage Industry
    • Beer & Wine
    • Spirits & Kombucha
  • Animal Feed
    • Livestock Feed
    • Pet Nutrition
  • Biofuel & Biotech
    • Ethanol
    • Biopharmaceutical Production

By Region

  • North America
  • Europe 
  • Asia Pacific
  • Middle East and Africa
  • Latin America
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  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Vidyesh Swar, Senior Research Analyst at Towards Food & Beverages, specializes in market research, focusing on supply-demand evaluation, pricing analysis, alternative proteins, plant-based foods, and sustainable food technologies within the industry.

Learn more about Vidyesh Swar

Aditi Shivarkar, with 14+ years in Food and Beverages market research, specializes in food, beverage, and eco-friendly packaging. She ensures accurate, actionable insights, driving Towards FnB's excellence in industry trends and sustainability.

Learn more about Aditi Shivarkar

Related Insights

FAQ's

The global yeast market is valued at USD 8.38 billion in 2025 and is projected to reach USD 15.01 billion by 2034, growing at a CAGR of 6.7%. This growth is driven by rising demand for bakery products, alcoholic beverages, and bioethanol production.

The yeast industry is witnessing innovation through precision fermentation, genetic engineering, AI-driven process optimization, and adaptive laboratory evolution enhancing strain productivity, yield, and sustainability.

Key trends include the shift toward sustainable and circular bioeconomy models, vegan and gluten-free diets, waste stream repurposing, and increasing focus on fermentation-based functional foods and nutraceuticals.

Baker’s yeast dominates with around 36.5% share in 2024, driven by its indispensable role in bakery and confectionery applications and the expanding global demand for baked goods and bread.

Saccharomyces cerevisiae holds about 68.9% market share in 2024 due to its extensive use in baking, brewing, and bioethanol production, supported by its superior fermentation and metabolic capabilities.

The market is moderately consolidated, led by players like Lesaffre, Angel Yeast, Lallemand Inc., and Chr. Hansen, focusing on R&D, acquisitions, and sustainable fermentation technologies to strengthen market leadership.

Asia Pacific is expected to grow fastest due to expanding food processing industries in India, China, and Japan, while North America remains dominant owing to high adoption of plant-based and functional foods.

Investors are targeting precision fermentation startups, bioethanol-focused yeast strains, and clean-label product innovations, which align with trends in sustainability, health, and renewable energy.