Baker’s Yeast Market to Grow with a CAGR of 10.2% Globally through 2029

Increasing awareness regarding the health benefits of consuming bakery products, expansion of bakery industry are factors driving the global Baker’s Yeast market in the forecast period 2025-2029.

 

According to TechSci Research report, “Baker’s Yeast Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Baker’s Yeast Market stood at USD 1.74 Billion in 2023 and is anticipated to grow with a CAGR of 10.2% in the forecast period, 2025-2029. The Baker's Yeast Market is a dynamic and evolving sector within the broader food and beverage industry, playing a pivotal role in the production of a wide array of bakery products.

The global Baker's Yeast Market has experienced significant growth in recent years, driven by the rising demand for bakery products, changing dietary habits, and increased consumer awareness of health and wellness. Baker's yeast, a microorganism belonging to the Saccharomyces cerevisiae species, is a fundamental ingredient in the leavening process of various baked goods. Its ability to ferment sugars and produce carbon dioxide is central to creating the light and airy texture in bread, pastries, cakes, and biscuits.

 

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The global shift towards processed and convenient food options, driven by urbanization and busier lifestyles, significantly propels the demand for Baker's yeast. Baked goods, being a staple in convenience foods, rely heavily on yeast for their leavening properties. The bakery sector's expansion, fueled by factors such as population growth and globalization, is a major driver. As more bakeries emerge and existing ones diversify their product offerings, the demand for Baker's yeast rises, making it a critical component of the industry.

The rise in health consciousness prompts consumers to seek nutrient-rich food options. Baker's yeast, being a natural source of proteins, B-vitamins, and minerals, aligns with this trend. Its integration into health-oriented products and supplements contributes to market growth. Continuous innovation in biotechnology and fermentation processes enhances the efficiency of Baker's yeast production. Genetic engineering and strain improvement contribute to higher yields and improved product quality, fostering cost-effectiveness for manufacturers.

The clean label movement, emphasizing transparency and naturalness in food products, influences the Baker's Yeast Market. Consumers are increasingly seeking bakery products made with clean label and natural ingredients, aligning with the naturally occurring and minimally processed nature of Baker's yeast. The surge in plant-based diets has led to an increased use of Baker's yeast as a plant-based protein source. Yeast extracts and yeast-based proteins are gaining popularity in meat alternatives, dairy alternatives, and plant-based snacks, contributing to the market's diversification. The surge in plant-based diets has led to an increased use of Baker's yeast as a plant-based protein source. Yeast extracts and yeast-based proteins are gaining popularity in meat alternatives, dairy alternatives, and plant-based snacks, contributing to the market's diversification.

Sustainability and ethical considerations are becoming integral to the Baker's Yeast Market. From sustainable sourcing of raw materials to ethical labor practices, manufacturers are aligning with the broader movement towards responsible and transparent business practices. The integration of digital technologies is transforming the supply chain dynamics of the Baker's Yeast Market. Automation, data analytics, and blockchain technology are optimizing production processes, enhancing traceability, and improving overall operational efficiency.

The global Baker’s Yeast market is segmented into application, form, product type, and region.

Based on application, the Pastries segment in the baker's yeast market is the fastest growing due to increasing consumer demand for convenient, ready-to-eat products. Pastries offer a quick, enjoyable snack option, aligning with busy lifestyles and on-the-go consumption trends. Additionally, the growing popularity of artisanal and gourmet pastries has spurred innovation and premiumization in the segment, attracting more consumers. The global expansion of bakery chains and cafes further boosts this demand. Moreover, yeast's role in enhancing texture and flavor makes it indispensable for high-quality pastry production, driving the segment's rapid growth in the baker's yeast market.

 

Major companies operating in global Baker’s Yeast market are:

• ACH Food Companies, Inc.
• Conagra Brands, Inc.
• Angel Yeast Co., Ltd. 
• Danone S.A.
• Daiya Foods, Inc.
• Corporativo Bimbo, S.A. de C.V
• Associated British Foods plc
• General Mills Inc.
• Lantmännen Unibake International
• Aryzta AG   

           

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“The Baker's Yeast Market is a multifaceted and dynamic industry influenced by a myriad of factors. The interplay of consumer preferences, technological advancements, sustainability considerations, and industry innovations shapes the market's trajectory. Despite facing challenges, the market continues to grow, driven by the fundamental role of Baker's yeast in meeting the global demand for diverse and flavorful bakery products. As the industry embraces trends and navigates challenges, it remains at the forefront of innovation and adaptation within the broader landscape of the food and beverage sector.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Baker’s Yeast Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application (Cakes, Pastries, Bread, Biscuits, Others), By Form (Solid, Liquid/Cream, Dry/Powdered, Others), By Product Type (Active Dry Yeast, Inactive Dry Yeast), By Region, By Competition, 2019-2029F, has evaluated the future growth potential of global Baker’s Yeast market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Baker’s Yeast market.

 

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