Global Baker's Yeast Market By Application (Cakes, Pastries, Bread, Biscuits & Others), By Form (Solid, Liquid/Cream, Dry or Powdered & Other Forms),By Product (Active Dry Yeast, Inactive Dry Yeast), By End Users (Bakery , Food , Feed, Others) By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Global Baker's Yeast Market
The baker's yeast market is expected to reach USD 3.59 billion by 2022, which will reach USD 1.6 billion in 2030, registering a CAGR of 9.08% during the forecast period 2023-2030.
Baker's yeast is also known as Saccharomyces cerevisiae. Baker's yeast was the most important ingredient in the baking industry. Baker's yeasts are unicellular eukaryotic fungi produced by completely different mechanisms than bacteria and many other prokaryotic microorganisms. Almost all the organelles found in a mature eukaryotic cell are found in baker's yeast. Baker's yeast is primarily used as a leavening agent because it helps the fermenting sugar in the dough turn into ethanol and carbon dioxide.
Market Drivers
The demand for organic food is growing. Baker's yeast was mainly used as an important ingredient in the bakery market. Bread, brown bread, rye bread, whole meal bread, buns, loaves and many other bakery products are in demand around the world. These dominant factors are expected to drive the growth of the market. Retail sales of organic food have grown as consumer awareness of the benefits of organic food has grown. The popularity of baker's yeast is due to its beneficial properties. Baker's yeast is becoming more common worldwide as a leavening agent in bakery products because it can be stored at room temperature for a long time without losing its properties. One of the key factors expected to accelerate the growth of the baker's yeast market is the expansion of high-quality baker's yeast to increase its use as a leavening agent in bakery products.
Market Restraints
Strict government regulations and the high price of organic food
Strict government regulations regarding baker's yeast and its derivatives are expected to limit the use of baker's yeast. However, the consumption of organic food is beneficial to the general health of consumers because it increases the cost of organic products. Organic food is usually more expensive due to agricultural processing and production costs. Also, the legal requirement of a particular country affects the high price of the products, which limits the market growth.
Market Opportunities
The demand for bakery products is increasing. Packaged baked goods such as cakes are expected to be in high demand in the coming years as consumers eat packaged cakes as snacks, mostly children worldwide. The consumption of pizza has been at the highest level in recent years and is developing in various channels in pizza-centric concepts, which will lead to ample opportunities for the growth of the baker's yeast market during the forecast period. Baked goods sales were boosted by continued growth in leisure demand and the impact of inflation on retail costs, which increases demand for baker's yeast in bakery applications.
Impact of COVID-19
The outbreak of the COVID-19 pandemic has significantly affected the food and beverage industry worldwide. During the pandemic, there has been a huge shift in the demand for healthy foods, and consumers have continued to adopt healthier lifestyles and foods in their daily diet. The weakening demand for bakery products and the increased focus on healthy food had a negative impact on the demand for bread bakers. On the other hand, as the time spent at home increased and restaurants and shops closed, the rediscovery of the bread bug worldwide gained momentum, increasing the demand for baker's yeast compared to the time before COVID-19.
Market Segmentation
Global Baker's Yeast Market is segmented in the basis of By Application, By Form, By Product, By End Users
Based on the By Application market is segmented into Cakes, Pastries, Bread, Biscuits & Others. Further market is segmnetd into By Form market is segmented into Solid, Liquid/Cream, Dry or Powdered & Other Forms. By Product market is segmented into Active Dry Yeast, Inactive Dry Yeast. By End Users market is segmented into Bakery, Food, Feed, Others.
Regional Analysis
Global Baker's Yeast Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Europe dominates the baker's yeast market in terms of revenue and market share. This is mainly due to increasing health awareness among consumers and the high demand for bakery products in the region. North America is expected to be the fastest-growing region during the forecast period 2023-2030 due to the increasing demand for nutritional yeast flakes as a substitute for cheese among vegan consumers in the region.
Key Players.
Various key players are listed in this report such as Dun and Bradstreet, Inc, Conagra Brands, Inc, London Dairy Co. Ltd, Danone SA, ADM, Daiya Foods Inc, Grupo Bimbo S.A.B.de C.V, Associated British Foods PLC, General Mills Inc, Lantmännen Unibake, Aryzta AG, Vandemoortele NV, Europastry S.A.
Market Taxonomy
By Application
• Cakes
• Pastries
• Bread
• Biscuits
By Form
• Solid
• Liquid/Cream
• Dry or Powdered
• Other Forms
By Product
• Active Dry Yeast
• Inactive Dry Yeast
By End Users
• Bakery
• Food
• Feed
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Baker's Yeast Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Baker’s Yeast Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Baker’s Yeast Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World supply and Demand Condition
4.2.7 Cumulative Impact of Russia Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Baker’s Yeast Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Global Baker’s Yeast Market Share Analysis, By Application
5.3 Global Baker’s Yeast Market Size and Forecast, By Application
5.3.1 Cakes
5.3.2 Pastries
5.3.3 Bread
5.3.4 Biscuits
6 Global Baker’s Yeast Market, By Form
6.1 Y-o-Y Growth Comparison, By Form
6.2 Global Baker’s Yeast Market Share Analysis, By Form
6.3 Global Baker’s Yeast Market Size and Forecast, By Form
6.3.1 Solid
6.3.2 Liquid/Cream
6.3.3 Dry or Powdered
6.3.4 Other Forms
7 Global Baker’s Yeast Market, By Product
7.1 Y-o-Y Growth Comparison, By Product
7.2 Global Baker’s Yeast Market Share Analysis, By Product
7.3 Global Baker’s Yeast Market Size and Forecast, By Product
7.3.1 Active Dry Yeast
7.3.2 Inactive Dry Yeast
8 Global Baker’s Yeast Market, By End Users
8.1 Y-O-Y Growth Comparison, By End Users
8.2 Global Baker’s Yeast Market Share Analysis, By End Users
8.3 Global Baker’s Yeast Market Size and Forecast, By End Users
8.3.1 Bakery
8.3.2 Food
8.3.3 Feed
9 Global Baker’s Yeast Market, By Region
9.1 Global Baker’s Yeast Market Share Analysis, By Region
9.2 Global Baker’s Yeast Market Size and Forecast, By Region
9.3 Global Baker’s Yeast Market Trends and Forecast, By Region
10 North America Baker’s Yeast Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Baker’s Yeast Market Share Analysis, By Application
10.3 North America Baker’s Yeast Market Size and Forecast, By Form
10.4 North America Baker’s Yeast Market Size and Forecast, By Product
10.5 North America Baker’s Yeast Market Size and Forecast, By End Users
10.6 North America Baker’s Yeast Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1. Market Size and Forecast, By Application
10.6.1.2 Market Size and Forecast, By Form
10.6.1.3. Market Size and Forecast, By Product
10.6.1.4 Market Size and Forecast, By End Users
10.6.2 Canada
10.6.2.1. Market Size and Forecast, By Application
10.6.2.2 Market Size and Forecast, By Form
10.6.2.3. Market Size and Forecast, By Product
10.6.2.4 Market Size and Forecast, By End Users
10.6.3 Mexico
10.6.3.1. Market Size and Forecast, By Application
10.6.3.2 Market Size and Forecast, By Form
10.6.3.3. Market Size and Forecast, By Product
10.6.3.4 Market Size and Forecast
11 Europe Baker’s Yeast Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Baker’s Yeast Market Share Analysis, By Application
11.3 Europe Baker’s Yeast Market Size and Forecast, By Form
11.4 Europe Baker’s Yeast Market Size and Forecast, By Product
11.5 Europe Baker’s Yeast Market Size and Forecast, By End Users
11.6 Europe Baker’s Yeast Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1. Market Size and Forecast, By Application
11.6.1.2 Market Size and Forecast, By Form
11.6.1.3. Market Size and Forecast, By Product
11.6.1.4 Market Size and Forecast By End Users
11.6.2 France
11.6.2.1. Market Size and Forecast, By Application
11.6.2.2 Market Size and Forecast, By Bacteria
11.6.2.3. Market Size and Forecast, By Product
11.6.2.4 Market Size and Forecast, By End Users
11.6.3 UK
11.6.3.1. Market Size and Forecast, By Application
11.6.3.2 Market Size and Forecast, By Form
11.6.3.3. Market Size and Forecast, By Product
11.6.3.4. Market Size and Forecast, By End Users
11.6.4. Russia
11.6.4.1. Market Size and Forecast, By Application
11.6.4.2 Market Size and Forecast, By Form
11.6.4.3. Market Size and Forecast, By Product
11.6.4.4 Market Size and Forecast, By End Users
11.6.5. Italy
11.6.5.1. Market Size and Forecast, By Application
11.6.5.2 Market Size and Forecast, By Form
11.6.5.3. Market Size and Forecast, By Product
11.6.5.4 Market Size and Forecast, By End Users
11.6.6. Spain
11.6.6.1. Market Size and Forecast, By Application
11.6.6.2 Market Size and Forecast, By Form
11.6.6.3. Market Size and Forecast, By Product
11.6.6.4 Market Size and Forecast By End Users
11.6.7. Rest of Europe
11.6.7.1. Market Size and Forecast, By Application
11.6.7.2 Market Size and Forecast, By Form
11.6.7.3. Market Size and Forecast, By Product
11.6.7.4 Market Size and Forecast, By End Users
12 Asia Pacific Baker’s Yeast Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Baker’s Yeast Market Share Analysis, By Application
12.3 Asia Pacific Baker’s Yeast Market Size and Forecast, By Form
12.4 Asia Pacific Baker’s Yeast Market Size and Forecast, By Product
12.5 Asia Pacific Baker’s Yeast Market Size and Forecast, By End Users
12.6 Asia Pacific Baker’s Yeast Market Size and Forecast, By Country
12.6.1 China
12.6.1.1. Market Size and Forecast, By Application
12.6.1.2 Market Size and Forecast, By Form
12.6.1.3. Market Size and Forecast, By Product
12.6.1.4 Market Size and Forecast, By End Users
12.6.2 Japan
12.6.2.1. Market Size and Forecast, By Application
12.6.2.2 Market Size and Forecast, By Form
12.6.2.3. Market Size and Forecast, By Product
12.6.2.4 Market Size and Forecast, By End Users
12.6.3 India
12.6.3.1. Market Size and Forecast, By Application
12.6.3.2 Market Size and Forecast, By Form
12.6.3.3. Market Size and Forecast, By Product
12.6.3.4 Market Size and Forecast By End Users
12.6.4. South Korea
12.6.4.1. Market Size and Forecast, By Application
12.6.4.2 Market Size and Forecast, By Form
12.6.4.3. Market Size and Forecast, By Product
12.6.4.4 Market Size and Forecast, By End Users
12.6.5. Australia
12.6.5.1. Market Size and Forecast, By Application
12.6.5.2 Market Size and Forecast, By Form
12.6.5.3. Market Size and Forecast, By Product
12.6.5.4 Market Size and Forecast, By End Users
12.6.6. New Zealand
12.6.6.1. Market Size and Forecast, By Application
12.6.6.2 Market Size and Forecast, By Form
12.6.6.3. Market Size and Forecast, By Product
12.6.6.4 Market Size and Forecast, By End Users
12.6.7. Singapore
12.6.7.1. Market Size and Forecast, By Application
12.6.7.2 Market Size and Forecast, By Form
12.6.7.3. Market Size and Forecast, By Product
12.6.7.4 Market Size and Forecast, By End Users
12.6.8. Malaysia
12.6.8.1. Market Size and Forecast, By Application
12.6.8.2 Market Size and Forecast, By Form
12.6.8.3. Market Size and Forecast, By Product
12.6.8.4 Market Size and Forecast, By End Users
12.6.9. Rest of Asia
12.6.9.1. Market Size and Forecast, By Application
12.6.9.2 Market Size and Forecast, By Form
12.6.9.3. Market Size and Forecast, By Product
12.6.9.4 Market Size and Forecast, By End Users
13 Latin America Baker’s Yeast Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Baker’s Yeast Market Share Analysis, By Application
13.3 Latin America Baker’s Yeast Market Size and Forecast, By Form
13.4 Latin America Baker’s Yeast Market Size and Forecast, By Product
13.5 Latin America Baker’s Yeast Market Size and Forecast, By End Users
13.6 Latin America Baker’s Yeast Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1. Market Size and Forecast, By Application
13.6.1.2 Market Size and Forecast, By Form
13.6.1.3. Market Size and Forecast, By Product
13.6.1.4 Market Size and Forecast, By End Users
13.6.2 Argentina
13.6.2.1. Market Size and Forecast, By Application
13.6.2.2 Market Size and Forecast, By Form
13.6.2.3. Market Size and Forecast, By Product
13.6.2.4 Market Size and Forecast, By End Users
13.6.3. Colombia
13.6.3.1. Market Size and Forecast, By Application
13.6.3.2 Market Size and Forecast, By Form
13.6.3.3. Market Size and Forecast, By Product
13.6.3.4 Market Size and Forecast, By End Users
13.6.4. Peru
13.6.4.1. Market Size and Forecast, By Application
13.6.4.2 Market Size and Forecast, By Form
13.6.4.3. Market Size and Forecast, By Product
13.6.4 Market Size and Forecast, By End Users
13.6.5. Chile
13.6.5.1. Market Size and Forecast, By Application
13.6.5.2 Market Size and Forecast, By Form
13.6.5.3. Market Size and Forecast, By Product
13.6.5.4 Market Size and Forecast, By End Users
13.6.6. Venezuela
13.6.6.1. Market Size and Forecast, By Application
13.6.6.2 Market Size and Forecast, By Form
13.6.6.3. Market Size and Forecast, By Product
13.6.6.4 Market Size and Forecast, By End Users
13.6.7. rest of Latin America
13.6.7.1. Market Size and Forecast, By Application
13.6.7.2 Market Size and Forecast, By Form
13.6.7.3. Market Size and Forecast, By Product
13.6.7.4 Market Size and Forecast, By End Users
14 Middle East Baker’s Yeast Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Baker’s Yeast Market Share Analysis, By Application
14.3 Middle East Baker’s Yeast Market Size and Forecast, By Form
14.4 Middle East Baker’s Yeast Market Size and Forecast, By Product
14.5 Middle East Baker’s Yeast Market Size and Forecast, By End Users
14.6 Middle East Baker’s Yeast Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.1.1. Market Size and Forecast, By Application
14.6.1.2 Market Size and Forecast, By Form
14.6.1.3. Market Size and Forecast, By Product
14.6.1.4 Market Size and Forecast, By End Users
14.6.2 UAE
14.6.2.1. Market Size and Forecast, By Application
14.6.2.2 Market Size and Forecast, By Form
14.6.2.3. Market Size and Forecast, By Product
14.6.2.4 Market Size and Forecast, By End Users
14.6.3 Egypt
14.6.3.1. Market Size and Forecast, By Application
14.6.3.2 Market Size and Forecast, By Form
14.6.3.3. Market Size and Forecast, By Product
14.6.3.4 Market Size and Forecast, By End Users
14.6.4 Kuwait
14.6.4.1. Market Size and Forecast, By Application
14.6.4.2 Market Size and Forecast, By Form
14.6.4.3. Market Size and Forecast, By Product
14.6.4.4 Market Size and Forecast, By End Users
14.6.5 South Africa
14.6.5.1. Market Size and Forecast, By Application
14.6.5.2 Market Size and Forecast, By Form
14.6.5.3. Market Size and Forecast, By Product
14.6.5.4 Market Size and Forecast, By End Users
14.6.5 Rest of Middle East & Africa
14.6.6.1. Market Size and Forecast, By Application
14.6.6.2 Market Size and Forecast, By Form
14.6.6.3. Market Size and Forecast, By Product
14.6.6.3 Market Size and Forecast, By End Users
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Dun and Bradstreet, Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Conagra Brands, Inc
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. London Dairy Co. Ltd
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4. Danone SA
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 ADM
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Daiya Foods Inc
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Grupo Bimbo S.A.B.de C.V
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Associated British Foods PLC
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 General Mills Inc
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Aryzta AG
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
