Bakers Yeast Market - Forecast(2021 - 2026)

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Bakers Yeast Market Overview

Bakers Yeast Market size is estimated to reach $3.2 billion by 2026, growing at a CAGR of 6.1% during the forecast period 2021-2026. Bakers Yeast belongs to the species saccharomyces cerevisiae and is the common name for the yeast strains that are widely used in bakery products as a leavening agent. These are single-cell microorganisms found around the human body. Bakers yeast is increasingly being adopted across the world in bakery products as it can be stored for longer periods at room temperatures without any loss of changes in its properties. The rise in the demand for bakers yeast for bioethanol production, growing adoption of inactive dry yeast for making malt beverages, increase in the awareness about the benefits of active dry yeast, and the growing investment by the key players to develop nutritional bakers yeast to enhance its applications as a leavening agent are the factors that are set to drive the growth of the Bakers Yeast Market for the period 2021-2026.

Report Coverage

The report: “Bakers Yeast Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Bakers Yeast Market.
By Product Type: Active Dry Yeast and Inactive Dry Yeast.
By Form: Solid Bakers Yeast, Dry or Powdered Bakers Yeast, Liquid or Cream Bakers Yeast, and Others.
By Application: Cakes, Bread, Pastries, Biscuits, and Others.
By Geography: North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World (Middle East and Africa).

Key Takeaways

  • Geographically, Europe Bakers Yeast Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the demand for bakers yeast for bioethanol production.
  • The increase in the adoption of active dry yeast as a leavening agent in bakery products is driving the Active Dry Yeast segment. However, the inaccessibility of raw materials required in the production of baker’s yeast is one of the major factors that is said to reduce the growth of the Bakers Yeast Market.
  • Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Bakers Yeast Market report.

 

Bakers Yeast Market Size, By Product Type, 2020-2026 (USD Million)

Bakers Yeast Market Size
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Bakers Yeast Market Segment Analysis - By Product Type

The Bakers Yeast Market based on the Product Type can be further segmented into Active Dry Yeast and Inactive Dry Yeast. The Active Dry Yeast segment held the largest share in 2020 and is also estimated to be the fastest-growing segment with a CAGR of 6.6% over the period 2021-2026. This growth is owing to the factors such as the increase in the adoption of active dry yeast as a leavening agent and the growing awareness about the benefits of active dry yeast. The rise in the adoption of active dry yeast for baking bread is driving the growth of the Bakers Yeast Market. The Inactive Dry Yeast segment held the second-largest share in 2020 owing to the factors such as the growing adoption of inactive dry yeast in various food products to enhance the nutritional profile of the product and the rise in the demand for inactive dry yeast for making malt beverages. It is produced by growing Saccharomyces cerevisiae on sugarcane molasses and has all essential amino acids and minerals.

Bakers Yeast Market Segment Analysis - By Application

The Bakers Yeast Market based on the Application can be further segmented into Cakes, Bread, Pastries, Biscuits, and Others. The Cakes segment held the largest share in 2020 owing to the factors such as the increase in the demand for single cell microorganisms like baker’s yeast to produce cakes and the rise in the investment by the key players to develop quality cake products using bakers yeast (saccharomyces cerevisiae). The rise in the adoption of nutritional baker’s yeast for cake products owing to its excellent source of vitamins and minerals is driving the growth of the Bakers Yeast Market. The Bread segment is estimated to be the fastest-growing segment with a CAGR of 6.8% over the period 2021-2026. This growth is owing to the factors such as the rise in the adoption of baker’s yeast (saccharomyces cerevisiae) as a leavening agent in bread products and the growing consumption of bread as a staple food among the working population.

Bakers Yeast Market Segment Analysis - By Geography

The Bakers Yeast Market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of World. Europe segment held the largest share with 30% of the overall market in 2020. The growth in this segment is owing to the factors such as the growing demand for baker’s yeast for bioethanol production and an increase in the consumption of bread as a staple food among the working population. The increasing demand for single-cell microorganisms like baker’s yeast to produce cakes is driving the growth of the Bakers Yeast Market. North America segment is estimated to be the fastest-growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as the rise in the demand for inactive dry yeast for making malt beverages and the growing investment by the key players to develop nutritional bakers yeast to enhance its applications as a leavening agent.

Bakers Yeast Market Drivers

Rise in the Adoption of Bakers Yeast in Bakery Products

Bakers yeast is increasingly being adopted across the world in bakery products as a leavening agent as it can be stored for longer periods at room temperatures without any loss of changes in its properties. The key players are also focusing on developing high-quality baker’s yeast to enhance its applications in bakery products as a leavening agent, which is one of the major factors driving the growth of the Bakers Yeast Market.

Increase in the Demand for Nutritional Bakers Yeast

The customers with food allergies and sensitivities are shifting towards nutritional baker’s yeast as it is gluten-free and dairy-free and also an excellent source of minerals, vitamins, and high-quality proteins. Nutritional baker’s yeast is also low in fat and is particularly helpful for vegetarians and for people who are on restricted diets, which is further propelling the growth of the Bakers Yeast Market.

Bakers Yeast Market Challenges

Inaccessibility of Raw Materials Required in the Production of Bakers Yeast

The key players in the market are collaborating with other players to carry out various research and development activities for launching high-quality baker yeast to enhance its applications in bioethanol production. However, the inaccessibility of raw materials required in the production of baker’s yeast is one of the major factors that is estimated to reduce the growth of the Bakers Yeast Market.

Bakers Yeast Market Competitive Landscape:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Bakers Yeast Market. Key companies of this market are Associated British Foods Plc, AngelYeast Co, Lallemand Inc, Lesaffre International Corporation, Oriental Yeast India Private Limited, Kothari Fermentation and Biochem Ltd, Agrano GmbH & Co. KG, Guangxi Forise Yeast, Deerland Enzymes, and Alltech among others.

Partnerships/Product Launches:

  • In June 2019, Associated British Foods Plc has entered into a partnership with Yihai Kerry Arawana Holdings Co Ltd for the production and distribution of baker’s yeast products and to operate a new yeast plant in the Taha industrial zone in China for increasing its capacity.
  • In April 2019, Lallemand Inc has launched a new brand for fresh baker’s yeast in the North American region to offer tailored yeast solutions for its applications, such as lean dough, rich dough, frozen dough, and sweet dough to attract the customers in the region.
  • In February 2019, Lesaffre International Corporation has launched a baker yeast product for the Japanese bread industry to enhance focusing on reducing baking times and speeding up processes and to provide exceptional texture and flavor for the bakery products.

Relevant Links:

Report Code: FBR 68508

Report Code: FBR 0470

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1. Bakers Yeast Market - Overview
    1.1 Definitions and Scope
2. Bakers Yeast Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Bakers Yeast Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Bakers Yeast Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Bakers Yeast Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Bakers Yeast Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Bakers Yeast Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Bakers Yeast Market – By Product Type(Market Size –$Million/$Billion)
    8.1 Active Dry Yeast
    8.2 Inactive Dry Yeast
9. Bakers Yeast Market – By Form(Market Size –$Million/$Billion)
    9.1 Solid Bakers Yeast
    9.2 Dry or Powdered Bakers Yeast
    9.3 Liquid or Cream Bakers Yeast
    9.4 Others
10. Bakers Yeast Market – By Application(Market Size –$Million/$Billion)
    10.1 Cakes
    10.2 Bread
    10.3 Pastries
    10.4 Biscuits
    10.5 Others
11. Bakers Yeast Market - By Geography(Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Mexico
        11.1.3 Canada
    11.2 Europe
        11.2.1 U.K.
        11.2.2 France
        11.2.3 Germany
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Russia
        11.2.7 Rest of Europe
    11.3 Asia Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of Asia Pacific
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
        11.5.2 Africa
12. Bakers Yeast Market - Entropy
13. Bakers Yeast Market – Industry/Segment Competition Landscape Premium
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Competition Matrix
        13.1.5 Best Practices for Companies
14. Bakers Yeast Market – Key Company List by Country Premium Premium
15. Bakers Yeast Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Form Market 2019-2024 ($M) - Global Industry Research
1.1.1 Liquid/ Cream Bakers Yeast Market 2019-2024 ($M)
1.1.2 Solid Bakers Yeast Market 2019-2024 ($M)
1.1.3 Dry or Powdered Bakers Yeast Market 2019-2024 ($M)
1.1.5 Asia -Pacific Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Form Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Liquid/ Cream Bakers Yeast Market 2019-2024 (Volume/Units)
3.1.2 Solid Bakers Yeast Market 2019-2024 (Volume/Units)
3.1.3 Dry or Powdered Bakers Yeast Market 2019-2024 (Volume/Units)
3.1.5 Asia -Pacific Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Form Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Liquid/ Cream Bakers Yeast Market 2019-2024 ($M)
5.1.2 Solid Bakers Yeast Market 2019-2024 ($M)
5.1.3 Dry or Powdered Bakers Yeast Market 2019-2024 ($M)
5.1.5 Asia -Pacific Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Form Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Liquid/ Cream Bakers Yeast Market 2019-2024 ($M)
7.1.2 Solid Bakers Yeast Market 2019-2024 ($M)
7.1.3 Dry or Powdered Bakers Yeast Market 2019-2024 ($M)
7.1.5 Asia -Pacific Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Form Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Liquid/ Cream Bakers Yeast Market 2019-2024 ($M)
9.1.2 Solid Bakers Yeast Market 2019-2024 ($M)
9.1.3 Dry or Powdered Bakers Yeast Market 2019-2024 ($M)
9.1.5 Asia -Pacific Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Form Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Liquid/ Cream Bakers Yeast Market 2019-2024 ($M)
11.1.2 Solid Bakers Yeast Market 2019-2024 ($M)
11.1.3 Dry or Powdered Bakers Yeast Market 2019-2024 ($M)
11.1.5 Asia -Pacific Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Form Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Liquid/ Cream Bakers Yeast Market 2019-2024 ($M)
13.1.2 Solid Bakers Yeast Market 2019-2024 ($M)
13.1.3 Dry or Powdered Bakers Yeast Market 2019-2024 ($M)
13.1.5 Asia -Pacific Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)

LIST OF FIGURES

1.US Bakers Yeast Market Revenue, 2019-2024 ($M)
2.Canada Bakers Yeast Market Revenue, 2019-2024 ($M)
3.Mexico Bakers Yeast Market Revenue, 2019-2024 ($M)
4.Brazil Bakers Yeast Market Revenue, 2019-2024 ($M)
5.Argentina Bakers Yeast Market Revenue, 2019-2024 ($M)
6.Peru Bakers Yeast Market Revenue, 2019-2024 ($M)
7.Colombia Bakers Yeast Market Revenue, 2019-2024 ($M)
8.Chile Bakers Yeast Market Revenue, 2019-2024 ($M)
9.Rest of South America Bakers Yeast Market Revenue, 2019-2024 ($M)
10.UK Bakers Yeast Market Revenue, 2019-2024 ($M)
11.Germany Bakers Yeast Market Revenue, 2019-2024 ($M)
12.France Bakers Yeast Market Revenue, 2019-2024 ($M)
13.Italy Bakers Yeast Market Revenue, 2019-2024 ($M)
14.Spain Bakers Yeast Market Revenue, 2019-2024 ($M)
15.Rest of Europe Bakers Yeast Market Revenue, 2019-2024 ($M)
16.China Bakers Yeast Market Revenue, 2019-2024 ($M)
17.India Bakers Yeast Market Revenue, 2019-2024 ($M)
18.Japan Bakers Yeast Market Revenue, 2019-2024 ($M)
19.South Korea Bakers Yeast Market Revenue, 2019-2024 ($M)
20.South Africa Bakers Yeast Market Revenue, 2019-2024 ($M)
21.North America Bakers Yeast By Application
22.South America Bakers Yeast By Application
23.Europe Bakers Yeast By Application
24.APAC Bakers Yeast By Application
25.MENA Bakers Yeast By Application