Yeast Market in Western Europe Trends & Forecast 2023 to 2033

Analytical Comprehensive Study of Yeast in Western Europe from 2023 to 2033

The consumption of yeast in Western Europe is estimated to expand at a healthy CAGR of 6.4% through 2033. The sales of yeast in Western Europe are expected to reach a valuation of USD 1,873.95 million by 2033, up from USD 1,006.81 million in 2023.

Key providers in Western Europe are providing an organic range of baker’s yeast, with the claims of optimal performance over the long term, to gain the upper hand in the region. Players in Western Europe are extensively employing expansion strategies to take over the regional industry. Thus, companies can be seen constantly extending their distribution network and production capacity.

For a higher penetration level in Western Europe, players are expected to combine expansion strategies with innovation capabilities. Additionally, keeping a check on consumers' food choices and emerging patterns while coming up with new creations is also a crucial point for leading manufacturers.

Attributes	Details
Industry Size of Western Europe in 2023	USD 1,006.81 million
Expected Industry Size of Western Europe by 2033	USD 1,873.95 million
Forecast CAGR between 2023 to 2033	6.4%

Top Trends Raising the Industry Growth Levels of Yeast in Western Europe

• Growing demand for wine yeast to enhance the sensory and technological properties of wines is a prevailing industry trend. Yeast that can enhance wine color, elevate its aroma, and enable biological aging for the production of Sherries or sparkling wines, is finding an increasing consumer base.
• Fortification of indulgent categories, including cookies, pastries, and cakes, with new product developments and innovations is paving the way for future growth.
• Consumers in Western Europe are gravitating toward health-promoting products. Therefore, processed foods with the inclusion of healthy ingredients are gaining a loyal following in the regional countries, thereby creating demand for baker’s yeast. Similarly, bakery products labeled as “organic”, “low/no/reduced allergen”, and “no additives/preservatives” are expected to attract higher sales.
• The trending consumption of pizza in recent years, which has peaked, is driving demand for pizza-focused concepts across different channels. Consequently, this is boosting the sales of baker’s yeast. The umbrella category, encompassing bread and bakery products, has seen a rise in demand for specialty and free-from-range bread.
• The increasing development of yeast for use in various food varieties, including dairy and animal-free meat products, showcases the product's versatility. This can include sauces, snacks, specialized nutrition products, and more.

Country-wise Insights

Growing Appetite for Healthy Baked Products Augmenting the Sales of Yeast in the United Kingdom

Country	United Kingdom
Forecast CAGR % (2023 to 2033)	4.3%

The consumption of yeast is rising in the United Kingdom. As a result, the industry is projected to develop at a CAGR of 4.3% through 2033. Following factors are pushing the sales of yeast in the country:

• Increasing research and development activities to enhance the versatility of yeast for usage in sauces, snacks, and specialized nutrition products.
• Growing number of health-conscious consumers in the United Kingdom is influencing the purchasing scene of bakery products in the country. This, in turn, elevates the prospects for the yeast business.
• The increasing number of brands collaborating with social media influencers and celebrities to target vegan consumers is on the rise.

Sustainable Forms of Yeast Production Gaining Focus in Germany

Country	Germany
Forecast CAGR % (2023 to 2033)	5.1%

Appetite for yeast is elevating in Germany, as our analysts estimated the growth rate of 5.1% CAGR through 2033. Key factors fueling the demand for yeast include:

• Leading players are increasingly focusing on sustainable methods for yeast production, with a strong emphasis on energy efficiency, waste reduction, and lowering carbon footprint.
• The surging demand for processed food products is driving the demand for yeast in Germany.

Consistent Sales of Bakery and Bread in France Translates to Optimistic Prospects for Yeast Developers

Country	France
Forecast CAGR % (2023 to 2033)	6.2%

The France yeast industry is predicted to observe a CAGR of 6.2% through 2033. Going forward, the sales of yeast in the country are expected to be led by:

• Increasing number of companies developing new yeast varieties that offer distinctive aromas, flavors, and fermentation characteristics.
• Constant demand for bread and bakery products in France or elsewhere is a crucial and consistent revenue stream for manufacturers of baker’s yeast.

Investors Betting on the Netherlands as Growth Potential for Yeast Business Rises in the Country

Country	Netherlands
Forecast CAGR % (2023 to 2033)	7.3%

The Netherlands is predicted to perceive sales of yeast at a CAGR of 7.3% through 2033. Mentioned below are the leading factors yielding growth for manufacturers in the Netherlands:

• Surging demand for wine-making yeast in the country is propelling product sales.
• Increasing use of Rhodotorula mucilaginosa, a marine yeast, in the degradation and assimilation of polyethylene, which is rapidly produced and discarded form of plastic. This is expected to propel the application of yeast in water pollution control solutions.

Italy to Win More Consumers of Yeast as Demand for Innovative Bakery Products Increase

Country	Italy
Forecast CAGR % (2023 to 2033)	6.5%

Italy is set to expand at a CAGR of 6.5%, as estimated by FMI analysts. The country is anticipated to be backed by following factors:

• Growing demand for packed baked products like cakes as consumers, especially children, turn to packed cakes to fulfill their demand for snacks.
• Rise in eCommerce has also spread the sales of yeast in Italy far and wide.

Segment-wise Insights

The Popularity of Baker’s Yeast Surpasses Other Types of Yeast in Western Europe

Leading Type	Baker’s Yeast
Industry Share % (2023)	42.3%

The baker’s yeast prominently contributes to the revenue of yeast industry in Western Europe. Our analysts estimates that the segment is going to command share of 42.3% in 2023. Significant production and consumption of bread and bakery products in Western Europe are driving the sales of baker’s yeast in the region. Daily consumption of baked goods such as pizza dough and pastries is further accelerating the sales of baker’s yeast in the region.

Popularity of Dry Yeast Backs its Extensive Consumption in Western Europe

Leading Form	Dry Yeast
Industry Share % (2023)	40.3%

The dry form of yeast is preferred over fresh and instant yeasts. The segment is expected to account for an industry share of 40.3% in 2023. An increasing number of manufacturers are opting for dry yeast due to its extended shelf life. This specific characteristic makes it easier to store and distribute across borders. Another key factor contributing to the popularity of dry yeast in the HORECA sector is its consistent fermentation property, which ensures predictable and reliable outcomes in the production of bread and bakery products.

Key Players Optimizing Top Strategies to Generate Higher Revenue from the Yeast Industry in Western Europe

Key players are making strategic partnerships to expand their research and development capabilities. Companies are searching for ways to bring premium quality yeasts to households and food and beverages industry in Western Europe. The aim is to allow them to enjoy a better quality of life via exceptional aroma, taste, and nutritional value.

Players are seizing opportunities by increasing their yeast production capabilities while developing a robust and agile supply chain responsive to industry growth. End users are launching significant volumes of yeast-fermented baked goods. This underscores the significance for manufacturers to seek new sources of yeast and explore new applications to match the dynamic customer needs.

Featuring the Latest Developments in Yeast in Western Europe

• In 2023, Angel Yeast, a significant yeast manufacturer, revealed its brand development strategy. This strategy is anchored around delivering unique solutions by addressing current pain points. It does so through investments and partnerships that empower the company to extend its supply, research, and development capabilities.
• In June 2023, an alternative protein composed of brewer’s spent yeast witnessed a surge in production.

Key Players Providing Yeast in Western Europe

• Lesaffre
• Chr. Hansen
• Lallemand
• Puratos
• AB Mauri
• Others

Scope of the Report

Attribute	Details
Estimated Industry Size in 2023	USD 1,006.81 million
Projected Industry Size by 2033	USD 1,873.95 million
Anticipated CAGR between 2023 to 2033	6.4% CAGR
Historical Analysis of Demand for Yeast in Western Europe	2018 to 2022
Demand Forecast for Yeast in Western Europe	2023 to 2033
Report Coverage	Industry Size, Industry Trends, Analysis of Key Factors Influencing Yeast Adoption in Western Europe, Insights on Western Europe Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Providers
Key Companies Profiled	Lesaffre; Chr. Hansen; Lallemand; Puratos; AB Mauri; Others

Table of Content

• 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 Country
  • 7.1. UK
  • 7.2. Germany
  • 7.3. Italy
  • 7.4. France
  • 7.5. Spain
  • 7.6. Rest of Western Europe
• 8. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
• 9. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
• 10. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
• 11. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
• 12. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
• 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 14. Market Structure Analysis
• 15. Competition Analysis
  • 15.1. Associated British Foods PLC
  • 15.2. Lesaffre International
  • 15.3. AngelCo., Ltd
  • 15.4. Kothari Fermentation and Biochem Ltd.
  • 15.5. Leiber GmbH
  • 15.6. AB Mauri Foods, Inc
  • 15.7. Oriental India Pvt Ltd.
  • 15.8. Lallemand Inc.
  • 15.9. Ohly GmbH & Co. KG
  • 15.10. AGRANO Gmbh
• 16. Assumptions & Acronyms Used
• 17. Research Methodology