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% |
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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:
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:
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:
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:
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:
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.
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 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.
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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 |
The anticipated CAGR through 2033 is 6.4%.
Demand for Yeast in Western Europe is expected to be USD 1,873.95 million by 2033.
Expansion strategy is the go-to tactic for yeast suppliers.
Dry yeast is prominently used in applications.
Baker’s yeast takes a considerable share of the yeast industry.
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
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