The global speciality yeast market was valued at USD YY billion in 2024 and is expected to reach a high CAGR of 8.5% over the Forecast Period 2025-2032, reaching USD YY billion by 2032.
Europe dominated the market in 2024, accounting for more than 35% of worldwide sales. The market is expanding due to rising demand for natural ingredients in the food sector, increased awareness of the health advantages of yeast-based products, and increased consumption of processed and convenience meals.
Growing Demand for Natural Ingredients in Food Products Fuels Market Growth
The growing customer desire for natural and clean-label components in food products is a prominent trend propelling the speciality yeast market. Yeast extracts and autolysates are popular natural flavour enhancers and taste modifiers in a variety of food applications, including soups, sauces, snacks, and ready meals. Consumers' increasing health consciousness, as well as their desire for natural alternatives to synthetic components, are driving demand for speciality yeast products. According to a recent poll, 68% of worldwide customers prefer foods made with natural components.
Rising Awareness about Health Benefits of Yeast-Based Products Boosts Demand
Growing awareness of the health advantages of yeast-based products is a significant element driving demand for speciality yeasts. Yeast beta-glucan, a polysaccharide generated from yeast cell walls, has been shown to improve immunological function and reduce cholesterol levels. The rising prevalence of lifestyle-related disorders, combined with growing consumer interest in functional foods, is boosting demand for yeast beta-glucan and other yeast derivatives. In 2024, Kerry Group introduced a new line of yeast beta-glucan components aimed at the immune wellness industry.
High Production Costs and Stringent Regulations Hinder Market Growth
The high production costs associated with speciality yeast products are a major limiting factor in industry expansion. The synthesis of yeast extracts and autolysates requires complex fermentation and downstream processing stages, which raises overall manufacturing costs. Furthermore, severe rules regarding the use of yeast-based components in food and feed applications impede market growth. In several countries, yeast extracts are designated as flavour enhancers, with special labelling and usage regulations.
Yeast Extracts Segment to Dominate the Market through 2031
In 2024, the yeast extracts category generated more than YY% of the worldwide speciality yeast market revenue. The category is likely to maintain its dominance throughout the forecast period, owing to the widespread use of yeast extracts as natural flavour enhancers in a variety of culinary products, including soups, sauces, snacks, and meats. Yeast extracts are high in amino acids, peptides, and nucleotides, which add to the umami taste and improve the overall flavour profile of foods. In 2024, DSM introduced a new line of yeast extracts produced from non-GMO sources to meet the food industry's clean-label trend.
From 2024 to 2031, the yeast autolysates market is predicted to grow the fastest, with a CAGR of 9.5%. Yeast autolysates are created through the enzymatic hydrolysis of yeast cells and are utilised as natural flavour enhancers and nutritional supplements in food and feed applications. The increased need for natural and sustainable protein sources in the animal feed sector is driving the expansion of the yeast autolysates market.
Europe to lead the global speciality yeast market through 2031
Europe is estimated to dominate the speciality yeast market during the forecast period, accounting for more than YY% of global revenue by 2031. The region's dominant position is due to high consumption of processed and convenience foods, rigorous rules governing the use of synthetic substances in food items, and an increasing desire for natural and healthy food ingredients. Germany, France, and the United Kingdom are the largest contributors to the region's market growth. To address Europe's expanding demand for speciality yeast products, Lesaffre will establish a new production plant in France in 2024.
The Asia-Pacific region is predicted to have the greatest growth in the speciality yeast market, with a CAGR of 10.2% between 2024 and 2031. The region's growing population, rising disposable incomes, and changing dietary patterns are driving demand for processed and convenience foods, hence fuelling the expansion of the speciality yeast industry. China and India are the main drivers of regional market expansion.
Europe is estimated to dominate the speciality yeast market during the forecast period, accounting for more than 35% of global revenue by 2031. The region's dominant position is due to high consumption of processed and convenience foods, rigorous rules governing the use of synthetic substances in food items, and an increasing desire for natural and healthy food ingredients. Germany, France, and the United Kingdom are the largest contributors to the region's market growth. To address Europe's expanding demand for speciality yeast products, Lesaffre will establish a new production plant in France in 2024.
The Asia-Pacific region is predicted to have the greatest growth in the speciality yeast market, with a CAGR of 10.2% between 2024 and 2031. The region's growing population, rising disposable incomes, and changing dietary patterns are driving demand for processed and convenience foods, hence fuelling the expansion of the speciality yeast industry. China and India are the main drivers of regional market expansion.
While a highly specialised segment, the speciality yeast market offers promising growth prospects, driven by rising consumer demand for natural and healthy culinary components. The Europe and Asia-Pacific regions are likely to be the primary growth drivers, owing to increased processed food consumption and growing awareness of the health benefits of yeast-based products. Companies that prioritise product innovation and strategic alliances while expanding their presence in emerging areas are likely to earn a competitive advantage.
Associated British Foods plc
Kerry Group
Angel Yeast Co., Ltd.
Chr. Hansen Holding A/S
Lesaffre
DSM
Lallemand Inc.
Biospringer
Leiber GmbH
Synergy Flavors
Kerry Group purchased a top Chinese yeast extract manufacturer in March 2024 to strengthen its position in the Asia-Pacific area.
In June 2024, DSM introduced a new line of yeast extracts produced from non-GMO sources to meet the food industry's clean-label trend.
1. INTRODUCTION
1.1. Market Definitions & Study Assumptions
1.2. Market Research Scope & Segment
1.3. Research Methodology
2. EXECUTIVE SUMMARY
2.1. Market Overview & Insights
2.2. Segment Outlook
2.3. Region Outlook
3. COMPETITIVE INTELLIGENCE
3.1. Companies Financial Position
3.2. Company Benchmarking -- Key Players
3.3. Market Share Analysis -- Key Companies
3.4. Recent Companies Key Activities
3.5. Pricing Analysis
3.6. SWOT Analysis
4. COMPANY PROFILES (Key Companies list by Country) (Premium)*
5. COMPANY PROFILES
5.1. Associated British Foods plc
5.2. Kerry Group
5.3. Angel Yeast Co., Ltd.
5.4. Chr. Hansen Holding A/S
5.5. Lesaffre
5.6. DSM
5.7. Lallemand Inc.
5.8. Biospringer
5.9. Leiber GmbH
5.10. Synergy Flavors (*LIST NOT EXHAUSTIVE)
6. MARKET DYNAMICS
6.1. Market Trends
6.1.1. Growing Demand for Natural Ingredients in Food Products
6.1.2. Rising Awareness about Health Benefits of Yeast-Based Products
6.1.3. Increasing Use of Yeast Extracts as Flavor Enhancers
6.2. Market Drivers
6.2.1. Growing Processed Food Industry
6.2.2. Rising Demand for Functional and Fortified Foods
6.2.3. Increasing Consumption of Convenience Foods
6.3. Market Restraints
6.3.1. High Production Costs
6.3.2. Stringent Regulations Related to Yeast-Based Ingredients
6.4. Market Opportunities
6.5. Porter's Five Forces Analysis
6.5.1. Threat of New Entrants
6.5.2. Bargaining Power of Buyers/Consumers
6.5.3. Bargaining Power of Suppliers
6.5.4. Threat of Substitute Products
6.5.5. Intensity of Competitive Rivalry
6.6. Supply Chain Analysis
6.7. Value Chain Analysis
6.8. Trade Analysis
6.9. Pricing Analysis
6.10. Regulatory Analysis
6.11. Patent Analysis
6.12. SWOT Analysis
6.13. PESTLE Analysis
7. BY TYPE (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
7.1. Yeast Extracts
7.1.1. Yeast Extract Powder
7.1.2. Yeast Extract Paste
7.2. Yeast Autolysates
7.3. Yeast Beta-Glucan
7.4. Other Yeast Derivatives
7.4.1. Yeast Cell Wall
7.4.2. Yeast Hydrolysates
8. BY SPECIES (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
8.1. Saccharomyces cerevisiae
8.2. Pichia pastoris
8.3. Kluyveromyces
8.4. Others
9. BY APPLICATION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
9.1. Food
9.1.1. Bakery & Confectionery
9.1.2. Savory Products
9.1.3. Functional Foods
9.1.4. Others
9.2. Feed
9.2.1. Poultry
9.2.2. Swine
9.2.3. Ruminants
9.2.4. Aquaculture
9.2.5. Others
9.3. Others
10. REGION (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032)
10.1. North America
10.1.1. United States
10.1.2. Canada
10.2. Europe
10.2.1. Germany
10.2.2. France
10.2.3. United Kingdom
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. Australia
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. Latin America
10.4.1. Brazil
10.4.2. Mexico
10.4.3. Rest of Latin America
10.5. Middle East & Africa
10.5.1. South Africa
10.5.2. Saudi Arabia
10.5.3. Rest of Middle East & Africa
*NOTE: All the regions mentioned in the scope will be provided with (MARKET SIZE/VALUE (US$ Mn), SHARE (%), MARKET FORECAST (%), YOY GROWTH (%)-- 2025-2032
Yeast Extracts
Yeast Extract Powder
Yeast Extract Paste
Yeast Autolysates
Yeast Beta-Glucan
Other Yeast Derivatives
Yeast Cell Wall
Yeast Hydrolysates
By Species:
Saccharomyces cerevisiae
Pichia pastoris
Kluyveromyces
Others
By Application:
Food
Bakery & Confectionery
Savory Products
Functional Foods
Others
Feed
Poultry
Swine
Ruminants
Aquaculture
Others
Others
By Region:
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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