Yeast sales in Japan are projected to reach USD 385.46 million by 2033, up from a 2023 valuation of USD 139.57 million. The demand for yeast in Japan is expected to expand at an average of 10.7% CAGR over the projected period.
The yeast demand in Japan is set to grow steadily due to rising demand from several industries, including food and beverage, pharmaceuticals, and biofuels. Market growth for yeast in Japan is aided by increasing consumer awareness of the health benefits of products made with yeast and the growing popularity of plant-based diets. Innovations greatly influence the sector's future in yeast production techniques and technological breakthroughs.
Attributes | Details |
---|---|
Industry Size (2023) | USD 139.57 million |
Forecasted Industry Size (2033) | USD 385.46 million |
CAGR Estimation (2023 to 2033) | 10.7% |
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A thorough segmentation analysis of yeast in Japan is included in this section. The producers of yeast are closely monitoring industry trends, particularly the increasing baker’s yeast demand in the type category. Similarly, the dry yeast segment outshines the other form categories in terms of performance.
Baker's yeast is expected to have the prime sales share in the Japanese yeast market. The reason for the leadership is that baker’s yeast is broadly used to produce bread and other bakery products, which are essential to the Japanese diet.
Segment | Baker’s Yeast |
---|---|
Industry Share in 2023 | 47% |
The segment of baker’s yeast continues to be popular, partially due to the increasing demand for baked goods and convenience foods. Since it is widely used in the food industry, the baker’s yeast segment continues to be the top option. It is anticipated to hold the top spot in the Japanese market for yeast sales.
The dry yeast is set to lead the yeast market in Japan in terms of sales. This is demonstrated by its lengthy shelf life as well as ease of transportation and storage. Dry yeast is a well-liked option for customers and companies alike because it provides a valuable solution for both commercial and domestic baking applications.
Segment | Dry |
---|---|
Share | 44% |
Its cost-effectiveness and versatility, coupled with its stable form and ease of use, contribute to its industry dominance. As consumer preferences for readily available and convenient baking ingredients change, dry yeast's qualities complement these preferences, driving up product sales in Japan and surpassing both fresh and instant yeast in terms of industry share.
Prominent industry players of yeast in Japan are engaged in fierce competition. The industry is dominated by large companies that provide various yeast products for different uses. It is difficult for new competitors to make an impression because of the key companies' robust distribution networks and industry presence.
Local yeast manufacturers in Japan play a significant role in shaping the competitive landscape. To hold onto their industry share, local yeast producers in Japan consistently prioritize innovation and product quality. The industry dynamics are influenced by consumers' increasing inclination toward natural and organic ingredients.
Key Developments Observed in Yeast in Japan
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Attribute | Details |
---|---|
Estimated Valuation (2023) | USD 139.57 million |
Projected Valuation (2033) | USD 385.46 million |
Anticipated CAGR (2023 to 2033) | 10.7% |
Historical Analysis of Yeast in Japan | 2018 to 2022 |
Demand Forecast for Yeast in Japan | 2023 to 2033 |
Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Key Cities Analyzed in the Industry Report of Yeast in Japan | Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan |
Key Companies Profiled for Yeast in Japan | Lesaffre Japan; Angel Yeast Japan; Nippon Ham; Asahi Group Holdings; Ohly Japan; Kohjin Co., Ltd.; AB Mauri Japan |
The yeast sales in Japan to register a CAGR of 10.7% through 2033.
The HCAGR of yeast sales in Japan was 9.2% from 2018 to 2022.
Demand for yeast in Japan is likely to be USD 385.46 million by 2033.
The baker’s yeast segment is set to account for 46.9% of the share in 2023.
The dry segment is likely to be grab 43.5% of the share in 2023.
1. Executive Summary 2. Market Overview 3. Market Background 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Baker’s Yeast 5.2. Bi-Ethanol Yeast 5.3. Feed Yeast 5.4. Wine Yeast 5.5. Brewer’s Yeast 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form 6.1. Dry Yeast 6.2. Fresh Yeast 6.3. Instant Yeast 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. Kanto 7.2. Chubu 7.3. Kinki 7.4. Kyushu & Okinawa 7.5. Tohoku 7.6. Rest of Japan 8. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 9. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 10. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 11. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13. Rest of Japan Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14. Market Structure Analysis 15. Competition Analysis 15.1. Oriental CO.LTD 15.2. Viugreum 15.3. Dcl Ltd 15.4. Fleichmann's Yeast 15.5. Kothari Fermentation and Biochem Ltd. 15.6. Leiber GmbH 15.7. AB Mauri Foods, Inc 15.8. Oriental India Pvt Ltd. 15.9. Lallemand Inc. 15.10. Ohly GmbH & Co. KG 16. Assumptions & Acronyms Used 17. Research Methodology
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