Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 1.74 Billion

CAGR (2024-2029)

10.2%

Fastest Growing Segment

Pastries

Largest Market

Europe 


Market Overview

Global Baker’s Yeast Market was valued at USD 1.74 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 10.2% through 2029. Increasing awareness regarding the health benefits of consuming bakery products such as baker’s yeast has led to a rise in their demand among consumers across the globe which will enhance the market growth during the forecast period. The “bakery” is expected to be the fastest growing end users segment because this product is used as a leavening agent in making bread to give it an airy taste and light texture. It also finds By Applications as an ingredient in pies crusts, cakes, pastries, cookies and other bakery products.

Baker’s yeast is also known as Saccharomyces cerevisiae. The primary ingredient used in baking has always been baker's yeast. Unlike bacteria and many other prokaryotic microorganisms, baker's yeasts are unicellular eukaryotic fungus that are created through entirely distinct methods. Baker's yeast has almost every organelle that can be found in a mature eukaryotic cell. Because it helps the dough's fermentable sugars convert to ethanol and carbon dioxide, baker's yeast is primarily utilised as a leavening agent.

In the bakery industry, baker's yeast was mostly utilized as an essential element. Worldwide demand is very high for breads, buns, white breads, brown breads, rye breads, whole wheat breads, and a wide range of other bakery items. It is anticipated that these key elements will propel market expansion. Retail sales of organic food have increased as public awareness of the advantages of organic food has grown. Baker's yeast is becoming more popular in bakery products as a leavening agent worldwide because it can be stored for extended periods at room temperature without losing any of its properties. One of the major factor which is expected to drive the growth of the baker's yeast market is the expansion of high-quality baker's yeast to increase its By Applications as a leavening agent in the bakery products.

Key Market Drivers

Growing Demand for Processed and Convenience Foods

The Baker's Yeast Market is significantly driven by the escalating demand for processed and convenience foods worldwide. In recent years, there has been a notable shift in consumer preferences towards ready-to-eat and easy-to-prepare food options. This transformation is closely tied to the global increase in urbanization, busy lifestyles, and the need for on-the-go meal solutions.

Baker's yeast is a fundamental ingredient in the production of various processed foods, especially in the bakery sector. Bread, pastries, cakes, and other baked goods rely on yeast for leavening, contributing to the desirable texture and flavor of these products. As consumers seek convenient and time-saving food choices, the demand for bakery products continues to rise.

The convenience factor extends beyond traditional baked goods. Yeast is a versatile ingredient that plays a crucial role in the preparation of a wide range of convenience foods, including frozen dough products, pre-packaged mixes, and refrigerated dough. These products offer consumers the ability to enjoy bakery-quality items with minimal effort, further propelling the growth of the Baker's Yeast Market.

The trend towards convenience is particularly pronounced in urban areas where busy lifestyles leave little time for elaborate cooking. As more individuals opt for quick and easy meal solutions, the demand for Baker's yeast as a key component in the production of convenient and processed foods is expected to continue its upward trajectory.

Expansion of Bakery Industry

Another major driver of the Baker's Yeast Market is the robust expansion of the bakery industry. This growth is attributed to various factors, including rising population, urbanization, and globalization. The bakery sector has witnessed a surge in demand for a diverse range of products, from traditional bread and pastries to innovative baked snacks.

Baker's yeast is indispensable in the baking process, contributing to the leavening of dough and providing the desired texture and taste in the final product. With the proliferation of bakeries catering to diverse tastes and preferences, the demand for Baker's yeast has experienced a corresponding upswing.

The expansion of the bakery industry is not limited to traditional bakeries. Specialty bakeries, artisanal bakeries, and even in-store bakeries within supermarkets contribute to the growing demand for Baker's yeast. The continuous innovation in bakery product offerings, including gluten-free and organic options, further diversifies the market and creates new opportunities for Baker's yeast manufacturers.

Additionally, the bakery industry has become a focal point for experimentation with flavors, textures, and ingredients. This experimentation fuels the demand for specific yeast strains that can impart unique characteristics to baked goods. As the bakery industry continues to evolve and cater to changing consumer preferences, the Baker's Yeast Market is positioned to grow in tandem.

Increasing Health Awareness and Demand for Nutrient-Rich

The global trend towards increased health awareness is a significant driver for the Baker's Yeast Market. Consumers are becoming more conscious of their dietary choices, seeking foods that offer not only taste but also nutritional benefits. Baker's yeast, a rich source of essential nutrients such as proteins, B-vitamins, and minerals, aligns with the growing demand for nutrient-dense options.

The nutritional profile of Baker's yeast makes it an attractive ingredient for health-conscious consumers. It is a natural source of protein, providing essential amino acids necessary for overall well-being. Additionally, the B-vitamins found in Baker's yeast, including B1, B2, B3, B5, B6, and B9, play crucial roles in energy metabolism, immune function, and overall health.

As awareness of the nutritional benefits of Baker's yeast spreads, it is increasingly being incorporated into a variety of health-oriented food products. Beyond traditional baked goods, Baker's yeast is finding its way into nutritional supplements, fortified foods, and functional foods designed to address specific health concerns.

The demand for gluten-free and low-sugar products, driven by dietary trends and health considerations, further boosts the market for Baker's yeast. Manufacturers are incorporating Baker's yeast into formulations for alternative and healthier baked goods to meet the evolving preferences of health-conscious consumers.

Technological advancements in yeast production have also contributed to the enhanced nutritional content of Baker's yeast. Through genetic engineering and fermentation processes, manufacturers can optimize yeast strains to increase their nutritional value. This intersection of health consciousness, nutritional benefits, and technological innovation positions Baker's yeast as a key player in the evolving landscape of health-oriented food products.


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Key Market Challenges

Price Volatility of Raw Materials

One of the primary challenges confronting the Baker's Yeast Market is the volatility of raw material prices. The production of Baker's yeast relies heavily on key ingredients such as molasses, a byproduct of the sugar industry, and other nutrients. Fluctuations in the prices of these raw materials can significantly impact production costs, thereby influencing the overall pricing of Baker's yeast products.

The dependency on molasses exposes Baker's yeast manufacturers to the dynamics of the sugar market. Any disruptions or fluctuations in sugar production, influenced by factors such as weather conditions, agricultural policies, or geopolitical issues, can lead to abrupt changes in molasses prices. This unpredictability creates challenges in maintaining stable pricing strategies and profit margins for Baker's yeast producers.

Furthermore, the global nature of the Baker's Yeast Market amplifies the impact of currency fluctuations. Many raw materials are sourced internationally, making the industry susceptible to currency exchange rate fluctuations. This adds an additional layer of complexity for manufacturers who must navigate and mitigate the financial risks associated with varying exchange rates.

Addressing the challenge of price volatility requires proactive risk management strategies, including long-term supplier partnerships, hedging mechanisms, and diversification of raw material sources. Manufacturers in the Baker's Yeast Market need to stay agile and adaptable to navigate the ever-changing landscape of raw material prices and mitigate the potential adverse effects on their business.

Intense Market Competition and Price Wars

The Baker's Yeast Market is characterized by intense competition among manufacturers, both at the regional and global levels. As the demand for Baker's yeast continues to grow, new entrants, as well as existing players, are vying for market share, leading to heightened competition.

This competitive landscape often results in price wars as manufacturers strive to offer cost-effective solutions to attract and retain customers. While this may benefit buyers in the short term, it poses challenges for the profitability and sustainability of Baker's yeast producers. Price-driven competition can lead to margin erosion, impacting the ability of manufacturers to invest in research and development, quality control, and other critical aspects of their operations.

Additionally, the commoditization of Baker's yeast products further intensifies competition. With a focus on price rather than product differentiation, manufacturers may face challenges in establishing brand loyalty and fostering customer relationships based on factors beyond cost.

To address these challenges, Baker's yeast manufacturers must explore avenues for product differentiation and value addition. This may include the development of specialty yeast strains, customized solutions for different applications, and a focus on quality assurance. By emphasizing product quality and unique features, manufacturers can position themselves strategically in the market, potentially reducing the adverse effects of intense price competition.

Technological and Regulatory Challenges

The Baker's Yeast Market is subject to both technological and regulatory challenges that can impact manufacturing processes and market access.

Technological challenges arise from the need to constantly innovate and optimize production processes. Advancements in biotechnology and fermentation technologies are crucial for enhancing the efficiency and sustainability of Baker's yeast production. However, integrating new technologies can be capital-intensive and may require significant research and development investments.

Moreover, regulatory challenges in the food and beverage industry can pose hurdles for Baker's yeast manufacturers. Compliance with evolving food safety standards, labeling requirements, and other regulations can be complex and demanding. Changes in regulatory frameworks across different regions add an extra layer of complexity, requiring manufacturers to stay abreast of and adapt to evolving compliance requirements.

Technological and regulatory challenges are intertwined, especially concerning biotechnological advancements. Genetic engineering and strain improvement, while offering opportunities for innovation, can also raise ethical and regulatory concerns. Striking a balance between technological progress and regulatory compliance is essential for sustained growth in the Baker's Yeast Market.

To overcome these challenges, manufacturers must invest in research and development to stay at the forefront of technological advancements. Collaboration with regulatory bodies, proactive engagement in industry associations, and a commitment to adhering to the highest standards of quality and safety are crucial for navigating the evolving technological and regulatory landscape.

Key Market Trends

Rising Demand for Clean Label and Natural Ingredients

A significant trend in the Baker's Yeast Market is the growing consumer preference for clean label and natural ingredients. As awareness of health and wellness continues to rise, consumers are increasingly seeking bakery products made with wholesome and recognizable ingredients. Baker's yeast, being a natural leavening agent, aligns well with this trend.

Clean label products are those that feature simple and transparent ingredient lists, free from artificial additives, preservatives, and unnecessary chemicals. Baker's yeast, derived from natural fermentation processes, fits the criteria for clean label ingredients, making it a desirable choice for manufacturers looking to meet consumer demands for transparency and naturalness.

In response to this trend, Baker's yeast manufacturers are emphasizing the natural origin of their products and highlighting their clean label status. This includes promoting yeast strains that are naturally occurring and free from genetically modified organisms (GMOs). Additionally, innovations in yeast production methods are being explored to enhance the natural and clean label credentials of Baker's yeast products.

As the clean label movement gains momentum, Baker's yeast is well-positioned to play a pivotal role in meeting consumer expectations for natural, minimally processed ingredients in bakery products. The trend is likely to continue influencing product formulations and marketing strategies across the Baker's Yeast Market.

Growth in Plant-Based and Alternative Protein Applications

The surge in interest and adoption of plant-based diets has led to a notable trend in the Baker's Yeast Market—its increased use as a plant-based and alternative protein source. Baker's yeast is naturally rich in protein and serves as an excellent nutritional alternative for individuals seeking plant-based protein options.

Traditionally known for its role in leavening dough, Baker's yeast is now finding applications beyond baking. Yeast extracts and yeast-based proteins derived from Saccharomyces cerevisiae, the same species used in baking, are gaining popularity as plant-based protein ingredients in a variety of food products.

The versatility of Baker's yeast proteins enables their incorporation into meat alternatives, dairy alternatives, and plant-based snacks. These proteins contribute not only to the protein content but also provide a source of essential amino acids, making them a valuable addition to plant-based formulations.

This trend aligns with the broader movement towards sustainable and ethical food choices. Baker's yeast offers an eco-friendly protein source compared to animal-derived proteins, with lower environmental impact and resource utilization. As consumer interest in plant-based diets continues to grow, the use of Baker's yeast as a plant-based protein ingredient is expected to expand, driving innovation and product development in the Baker's Yeast Market.

Innovation in Specialty and Functional Yeast Products

Innovation in specialty and functional yeast products is a key trend reshaping the Baker's Yeast Market. Manufacturers are exploring the development of yeast strains with specific attributes to meet the evolving demands of the food and beverage industry.

Specialty yeast strains are engineered or selected to provide unique characteristics to baked goods, enhancing flavor profiles, improving texture, and extending shelf life. These innovations cater to consumer preferences for novel and differentiated bakery products.

Functional yeast products, on the other hand, go beyond traditional leavening functions. They may include yeast extracts, which impart savory or umami flavors to a wide range of food applications. Yeast beta-glucans, a type of soluble fiber found in Baker's yeast, are gaining attention for their potential health benefits, including immune system support and cholesterol management.

The trend towards specialty and functional yeast products is fueled by advancements in biotechnology, fermentation science, and strain development. Manufacturers are investing in research and development to create yeast strains with enhanced properties, opening up new possibilities for product differentiation and market expansion.

As consumers seek unique and health-promoting food experiences, the Baker's Yeast Market is responding with a wave of innovative products. These may include artisanal bread with distinctive flavors, functional bakery items fortified with bioactive compounds from yeast, and savory applications leveraging the umami-rich characteristics of yeast extracts.

Segmental Insights

Application Insights

By Application, among the various segments in the Baker's Yeast Market, the "Bread" segment stands out as the dominating application. Bread has maintained its prominence as a staple food item globally and continues to be a dietary mainstay in various cultures. Several factors contribute to the dominance of Baker's yeast in the bread segment. Firstly, the sheer ubiquity of bread consumption across diverse regions ensures a consistently high demand for Baker's yeast. Bread is a fundamental component of daily meals for many, making it a staple on breakfast tables, sandwich lunches, and accompaniments to dinners.

Baker's yeast plays a crucial role in leavening the dough, contributing to the light and airy texture that is characteristic of various types of bread. The leavening properties of yeast create the desired volume and structure in bread, making it a preferred choice for consumers. Moreover, the versatility of Baker's yeast allows for the production of various bread types, including traditional loaves, artisanal bread, specialty bread with added ingredients, and even gluten-free alternatives. This adaptability contributes to its widespread use and dominance in the bread segment. In summary, the enduring popularity of bread as a dietary staple, coupled with the indispensable role of Baker's yeast in its production, positions the "Bread" segment as the dominant application in the Baker's Yeast Market.


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Regional Insights

The Europe region has emerged as a dominant force in the Baker’s Yeast Market, securing the highest market share for several compelling reasons. Consumer preferences, product variety, distribution methods, and supply chain are all well-established in the European baking sector. It has been seeing more and more innovations and new product development in the indulgence categories—such as cookies, cakes, and pastries. The market for baker's yeast is expanding rapidly in the European region due to rising consumer demand for processed meals and growing consumer awareness of health-conscious products. This, in turn, is fueling the growth of the industry under study. Because the baby-boomer generation is very health conscious, multiple health claims related to bakery products, such as "organic," "no additives/preservatives," and "low/no/reduced allergen," etc., have been drawing higher sales. As a result, they tend to influence the purchasing scenario of bakery products in the area.

Recent Developments

In 2020 - Lesaffre Group has has acquired majority stake in Inner Mongolia Biohymn Biotechnology CO., LTD, a China based company specialized in the production of yeast and yeast extracts. Source: https://www.mordorintelligence.com/industry-reports/bakers-yeast-market.

In 2020, Lallemand Baking launched a new brand of fresh baker's yeast named LalFerm in North America. This new brand delivers Bakers with customized baker's yeast solutions for their applications such as rich dough, frozen dough, flexible proofing, lean dough, sweet dough, Vitamin D rich an many other.

Key Market Players

  • Dun and Bradstreet, Inc
  • Conagra Brands, Inc.
  • London Dairy Co. Ltd
  • Danone SA
  • Daiya Foods Inc.
  • Grupo Bimbo S.A.B.de C.V.
  • Associated British Foods PLC
  • General Mills Inc.
  • Lantmännen Unibake
  • Aryzta AG

 By Application

By Form

By Product Type

By Region

  • Cakes
  • Pastries
  • Bread
  • Biscuits
  • Others
  • Solid
  • Liquid/Cream
  • Dry/Powdered
  • Others
  • Active Dry Yeast
  • Inactive Dry Yeast
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Baker’s Yeast Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Baker’s Yeast Market, By Application:

o   Cakes

o   Pastries

o   Bread

o   Biscuits

o   Others

  • Baker’s Yeast Market, By Form:

o   Solid

o   Liquid/Cream

o   Dry/Powdered

o   Others

  • Baker’s Yeast Market, By Product Type:

o   Active Dry Yeast

o   Inactive Dry Yeast

  • Baker’s Yeast Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Baker’s Yeast Market.

Available Customizations:

Baker’s Yeast market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Baker’s Yeast Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Factors Influencing Purchase Decisions

4.3.  Challenges Faced

5.    Baker’s Yeast Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Application Market Share Analysis (Cakes, Pastries, Bread, Biscuits, Others)

5.2.2.    By Form Market Share Analysis (Solid, Liquid/Cream, Dry/Powdered, Others)

5.2.3.    By Product Type Market Share Analysis (Active Dry Yeast, Inactive Dry Yeast)

5.2.4.    By Regional Market Share Analysis

5.2.4.1.        North America Market Share Analysis

5.2.4.2.        South America Market Share Analysis

5.2.4.3.        Middle East & Africa Market Share Analysis

5.2.4.4.        Europe Tourism Market Share Analysis

5.2.4.5.        Asia-Pacific Market Share Analysis

5.2.5.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Baker’s Yeast Market Mapping & Opportunity Assessment

5.3.1.    By Application Market Mapping & Opportunity Assessment

5.3.2.    By Form Market Mapping & Opportunity Assessment

5.3.3.    By Product Type Market Mapping & Opportunity Assessment

5.3.4.    By Region Channel Market Mapping & Opportunity Assessment

6.    North America Baker’s Yeast Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Application Market Share Analysis

6.2.2.    By Form Market Share Analysis

6.2.3.    By Product Type Market Share Analysis

6.3.  North America: Country Analysis

6.3.1.    United States Baker’s Yeast Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Application Market Share Analysis

6.3.1.2.2.           By Form Market Share Analysis

6.3.1.2.3.           By Product Type Market Share Analysis

6.3.2.    Canada Baker’s Yeast Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Application Market Share Analysis

6.3.2.2.2.           By Form Market Share Analysis

6.3.2.2.3.           By Product Type Market Share Analysis

6.3.3.    Mexico Baker’s Yeast Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Application Market Share Analysis

6.3.3.2.2.           By Form Market Share Analysis

6.3.3.2.3.           By Product Type Market Share Analysis

7.    Europe Tourism Baker’s Yeast Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Application Market Share Analysis

7.2.2.    By Form Market Share Analysis

7.2.3.    By Product Type Market Share Analysis

7.3.  Europe Tourism: Country Analysis

7.3.1.    Germany Baker’s Yeast Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Application Market Share Analysis

7.3.1.2.2.           By Form Market Share Analysis

7.3.1.2.3.           By Product Type Market Share Analysis

7.3.2.    United Kingdom Baker’s Yeast Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Application Market Share Analysis

7.3.2.2.2.           By Form Market Share Analysis

7.3.2.2.3.           By Product Type Market Share Analysis

7.3.3.    Italy Baker’s Yeast Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Application Market Share Analysis

7.3.3.2.2.           By Form Market Share Analysis

7.3.3.2.3.           By Product Type Market Share Analysis

7.3.4.    France Baker’s Yeast Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Application Market Share Analysis

7.3.4.2.2.           By Form Market Share Analysis

7.3.4.2.3.           By Product Type Market Share Analysis

7.3.5.    Spain Baker’s Yeast Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Application Market Share Analysis

7.3.5.2.2.           By Form Market Share Analysis

7.3.5.2.3.           By Product Type Market Share Analysis

8.    Asia-Pacific Baker’s Yeast Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Application Market Share Analysis

8.2.2.    By Form Market Share Analysis

8.2.3.    By Product Type Market Share Analysis

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Baker’s Yeast Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Application Market Share Analysis

8.3.1.2.2.           By Form Market Share Analysis

8.3.1.2.3.           By Product Type Market Share Analysis

8.3.2.    India Baker’s Yeast Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Application Market Share Analysis

8.3.2.2.2.           By Form Market Share Analysis

8.3.2.2.3.           By Product Type Market Share Analysis

8.3.3.    Japan Baker’s Yeast Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Application Market Share Analysis

8.3.3.2.2.           By Form Market Share Analysis

8.3.3.2.3.           By Product Type Market Share Analysis

8.3.4.    South Korea Baker’s Yeast Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Application Market Share Analysis

8.3.4.2.2.           By Form Market Share Analysis

8.3.4.2.3.           By Product Type Market Share Analysis

8.3.5.    Australia Baker’s Yeast Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Application Market Share Analysis

8.3.5.2.2.           By Form Market Share Analysis

8.3.5.2.3.           By Product Type Market Share Analysis

9.    South America Baker’s Yeast Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Application Market Share Analysis

9.2.2.    By Form Market Share Analysis

9.2.3.    By Product Type Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Baker’s Yeast Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Application Market Share Analysis

9.3.1.2.2.           By Form Market Share Analysis

9.3.1.2.3.           By Product Type Market Share Analysis

9.3.2.    Argentina Baker’s Yeast Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Application Market Share Analysis

9.3.2.2.2.           By Form Market Share Analysis

9.3.2.2.3.           By Product Type Market Share Analysis

9.3.3.    Colombia Baker’s Yeast Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Application Market Share Analysis

9.3.3.2.2.           By Form Market Share Analysis

9.3.3.2.3.           By Product Type Market Share Analysis

10. Middle East and Africa Baker’s Yeast Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Application Market Share Analysis

10.2.2. By Form Market Share Analysis

10.2.3. By Product Type Market Share Analysis

10.3.             MEA: Country Analysis

10.3.1. South Africa Baker’s Yeast Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Application Market Share Analysis

10.3.1.2.2.         By Form Market Share Analysis

10.3.1.2.3.         By Product Type Market Share Analysis

10.3.2. Saudi Arabia Baker’s Yeast Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Application Market Share Analysis

10.3.2.2.2.         By Form Market Share Analysis

10.3.2.2.3.         By Product Type Market Share Analysis

10.3.3. UAE Baker’s Yeast Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Application Market Share Analysis

10.3.3.2.2.         By Form Market Share Analysis

10.3.3.2.3.         By Product Type Market Share Analysis

10.3.4. Turkey Baker’s Yeast Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Application Market Share Analysis

10.3.4.2.2.         By Form Market Share Analysis

10.3.4.2.3.         By Product Type Market Share Analysis

10.3.5. Egypt Baker’s Yeast Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Application Market Share Analysis

10.3.5.2.2.         By Form Market Share Analysis

10.3.5.2.3.         By Product Type Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Market Trends & Developments

13. SWOT Analysis

13.1.            Strength

13.2.            Weakness

13.3.            Opportunity

13.4.            Threat

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. Dun and Bradstreet, Inc

14.1.1.1.     Company Details

14.1.1.2.     Products & Services

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Conagra Brands, Inc.

14.1.2.1.     Company Details

14.1.2.2.     Products & Services

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. London Dairy Co. Ltd

14.1.3.1.     Company Details

14.1.3.2.     Products & Services

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Danone SA

14.1.4.1.     Company Details

14.1.4.2.     Products & Services

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Daiya Foods Inc.

14.1.5.1.     Company Details

14.1.5.2.     Products & Services

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Grupo Bimbo S.A.B.de C.V.

14.1.6.1.     Company Details

14.1.6.2.     Products & Services

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. Associated British Foods PLC

14.1.7.1.     Company Details

14.1.7.2.     Products & Services

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. General Mills Inc.

14.1.8.1.     Company Details

14.1.8.2.     Products & Services

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Lantmännen Unibake

14.1.9.1.     Company Details

14.1.9.2.     Products & Services

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              Aryzta AG

14.1.10.1.  Company Details

14.1.10.2.  Products & Services

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations

15.1.            Key Focus Areas

15.2.            Target Product Type

15.3.            Target Application

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Baker’s Yeast Market was estimated to be USD 1.74 Billion in 2023.

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The bread segment demonstrated significant dominance in 2023. The enduring popularity of bread as a dietary staple, coupled with the indispensable role of Baker's yeast in its production, positions the "Bread" segment as the dominant application in the Baker's Yeast Market.

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Europe dominated the market with a revenue share in 2023. Increasing demand for processed foods, coupled with increasing awareness about health-conscious products is significantly propelling the growth of the baker's yeast market in the European region.

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Shift in demand for health-based food products, increasing demand from the end-user sectors, such as food and beverages are the major drivers for the Global Baker’s Yeast Market.

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Parvati Sharma

Account Manager BD
Press Release

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

Dec, 2023

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