- Yeast Autolysate
- Yeast Beta-Glucan
- Yeast Extracts
- Other Yeast Derivatives
Specialty Yeast Market size was value at USD 3.2 billion in 2022 and is poised to grow at a significant CAGR of 7.1% from 2023-2029. Some of the key factors fueling the market growth include an increase in demand for specialty yeast ingredients in food & beverage application, rising preference for ready-to-eat food items due to busy lifestyles, growing demand for nutritional and natural products and increasing consumer inclination for processed food products. However, factors such as Stringent Food Safety Regulations and high processing cost of extraction process and equipment are hampering the market growth. Specialty yeast market is surging owing to frequent acquisitions and launchings by the market players.
Specialty Yeast Market Key Developments:
- In March 2019, Lallemand Biofuels & Distilled Spirits (US) collaborated with BioTork LLC (US), to develop improved yeast strains which could be used in the ethanol industry
Global Specialty Yeast Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
7.1%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Specialty Yeast Market Dynamics
Yeasts play a crucial role in the production of various foods and beverages. High demand for ready-to-eat food items as well as convenience food is presumed to fuel the rapidly growing specialty yeast demand. This role now extends beyond their extensively renowned contributions to the production of alcoholic beverages and bread to comprise the production of many food ingredients and additives, innovative uses as probiotic and biocontrol agents, their important role as spoilage organisms, and their possible effect on food safety. Leading market players are channelizing their efforts in the development of new products and technologies, utilizing progressive methods to manufacture yeast strains effectively and efficiently. On account of this, the specialty yeast products are gaining consumers confidence around the world.
North America dominates the market
Specialty Yeast Market Regional Analysis Regional Analysis
North America accounted for a larger revenue share in the specialty yeast market with considerable CAGR. The growth in this region is due to increasing demand for convenience foods due to growing urbanization, rising demand for natural ingredients in food products, changing food habits, and well-established food and feed industry in the region. Asia Pacific held substantial market share during estimated period owing to changing lifestyle, increase in demand for convenience products, and increasing awareness about health & wellness amongst consumers. China and India are the major contributors for the growth of the market in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Specialty Yeast Market Segmentation
By Type
By Species
- Kluyveromyces
- Saccharomyces Cerevisiae
- Pichia Pastoris
- Others
By Application
- Food
- Savory
- Bakery
- Functional Food
- Others
- Feed
- Beverage
- Other Applications
By Geography
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Frequently Asked Questions
The specialty yeast market size was valued at USD 3.2 billion in 2022
The specialty yeast market key players are: Associated British Foods Archer Daniels Midland Lallemand Hansen Koninklijke DSM N.V Kerry Lesaffre Angel Yeast Biorigin Beldem Kemin Industries Leiber Synergy Flavors Nutreco N.V
The specialty yeast market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Specialty Yeast Market Introduction |
| 2.1.Global Specialty Yeast Market - Taxonomy |
| 2.2.Global Specialty Yeast Market - Definitions |
| 2.2.1. Type |
| 2.2.2.Species |
| 2.2.3.Application |
| 2.2.4.Geography |
| 2.2.5.Region |
| 3. Global Specialty Yeast Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID-19 on Market |
| 4. Global Specialty Yeast Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Specialty Yeast Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Yeast Autolysate |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Yeast Beta-Glucan |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Yeast Extracts |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Other Yeast Derivatives |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Specialty Yeast Market By Species, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Kluyveromyces |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Saccharomyces Cerevisiae |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Pichia Pastoris |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Specialty Yeast Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Food |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Savory |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Bakery |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Functional Food |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Feed |
| 7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Beverage |
| 7.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Other Applications |
| 7.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 8.Global Specialty Yeast Market By Geography, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Latin America |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Europe |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Asia Pacific |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.Global Specialty Yeast Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10. North America Specialty Yeast Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Yeast Autolysate |
| 10.1.2.Yeast Beta-Glucan |
| 10.1.3.Yeast Extracts |
| 10.1.4.Other Yeast Derivatives |
| 10.2. Species Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Kluyveromyces |
| 10.2.2.Saccharomyces Cerevisiae |
| 10.2.3.Pichia Pastoris |
| 10.2.4.Others |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Food |
| 10.3.2.Savory |
| 10.3.3.Bakery |
| 10.3.4.Functional Food |
| 10.3.5.Others |
| 10.3.6.Feed |
| 10.3.7.Beverage |
| 10.3.8.Other Applications |
| 10.4. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.North America |
| 10.4.2.Latin America |
| 10.4.3.Europe |
| 10.4.4.Asia Pacific |
| 10.4.5.Middle East and Africa |
| 10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Specialty Yeast Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Yeast Autolysate |
| 11.1.2.Yeast Beta-Glucan |
| 11.1.3.Yeast Extracts |
| 11.1.4.Other Yeast Derivatives |
| 11.2. Species Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Kluyveromyces |
| 11.2.2.Saccharomyces Cerevisiae |
| 11.2.3.Pichia Pastoris |
| 11.2.4.Others |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Food |
| 11.3.2.Savory |
| 11.3.3.Bakery |
| 11.3.4.Functional Food |
| 11.3.5.Others |
| 11.3.6.Feed |
| 11.3.7.Beverage |
| 11.3.8.Other Applications |
| 11.4. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.North America |
| 11.4.2.Latin America |
| 11.4.3.Europe |
| 11.4.4.Asia Pacific |
| 11.4.5.Middle East and Africa |
| 11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 11.5.7. |
| 12. Asia Pacific (APAC) Specialty Yeast Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Yeast Autolysate |
| 12.1.2.Yeast Beta-Glucan |
| 12.1.3.Yeast Extracts |
| 12.1.4.Other Yeast Derivatives |
| 12.2. Species Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Kluyveromyces |
| 12.2.2.Saccharomyces Cerevisiae |
| 12.2.3.Pichia Pastoris |
| 12.2.4.Others |
| 12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Food |
| 12.3.2.Savory |
| 12.3.3.Bakery |
| 12.3.4.Functional Food |
| 12.3.5.Others |
| 12.3.6.Feed |
| 12.3.7.Beverage |
| 12.3.8.Other Applications |
| 12.4. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.North America |
| 12.4.2.Latin America |
| 12.4.3.Europe |
| 12.4.4.Asia Pacific |
| 12.4.5.Middle East and Africa |
| 12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Specialty Yeast Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Yeast Autolysate |
| 13.1.2.Yeast Beta-Glucan |
| 13.1.3.Yeast Extracts |
| 13.1.4.Other Yeast Derivatives |
| 13.2. Species Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Kluyveromyces |
| 13.2.2.Saccharomyces Cerevisiae |
| 13.2.3.Pichia Pastoris |
| 13.2.4.Others |
| 13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Food |
| 13.3.2.Savory |
| 13.3.3.Bakery |
| 13.3.4.Functional Food |
| 13.3.5.Others |
| 13.3.6.Feed |
| 13.3.7.Beverage |
| 13.3.8.Other Applications |
| 13.4. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.North America |
| 13.4.2.Latin America |
| 13.4.3.Europe |
| 13.4.4.Asia Pacific |
| 13.4.5.Middle East and Africa |
| 13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Specialty Yeast Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 14.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Yeast Autolysate |
| 14.1.2.Yeast Beta-Glucan |
| 14.1.3.Yeast Extracts |
| 14.1.4.Other Yeast Derivatives |
| 14.2. Species Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Kluyveromyces |
| 14.2.2.Saccharomyces Cerevisiae |
| 14.2.3.Pichia Pastoris |
| 14.2.4.Others |
| 14.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Food |
| 14.3.2.Savory |
| 14.3.3.Bakery |
| 14.3.4.Functional Food |
| 14.3.5.Others |
| 14.3.6.Feed |
| 14.3.7.Beverage |
| 14.3.8.Other Applications |
| 14.4. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.North America |
| 14.4.2.Latin America |
| 14.4.3.Europe |
| 14.4.4.Asia Pacific |
| 14.4.5.Middle East and Africa |
| 14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Associated British Foods |
| 15.2.2.Archer Daniels Midland |
| 15.2.3.Lallemand |
| 15.2.4.Hansen |
| 15.2.5.Koninklijke DSM N.V |
| 15.2.6.Kerry |
| 15.2.7.Lesaffre |
| 15.2.8.Angel Yeast |
| 15.2.9.Biorigin |
| 15.2.10.Beldem |
| 15.2.11.Kemin Industries |
| 15.2.12.Leiber |
| 15.2.13.Synergy Flavors |
| 15.2.14.Nutreco N.V |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
- Associated British Foods
- Archer Daniels Midland
- Lallemand
- Hansen
- Koninklijke DSM N.V
- Kerry
- Lesaffre
- Angel Yeast
- Biorigin
- Beldem
- Kemin Industries
- Leiber
- Synergy Flavors
- Nutreco N.V