Yeast Market to Reach USD 10.14 Billion by 2031, Growing at a CAGR of 9.0% — MarketsandMarkets™

Delray Beach, FL, Aug. 19, 2026 (GLOBE NEWSWIRE) -- MarketsandMarkets™ projects the global yeast industry to grow from USD 6.59 billion in 2026 to USD 10.14 billion by 2031, registering a CAGR of 9.0% during the forecast period.

Market growth is being driven by rising demand for baked goods, alcoholic beverages, animal feed, plant-based foods, and natural food ingredients. Advances in biotechnology and fermentation technologies are enabling more efficient production of high-quality yeast strains, while growing consumer interest in clean-label, natural, nutritious, and sustainable ingredients is creating new opportunities across food, beverage, nutrition, and feed applications.

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Key Market Highlights

• Market size, 2026: USD 6.59 billion
• Market forecast, 2031: USD 10.14 billion
• Growth rate: CAGR of 9.0% (2026–2031)
• Fastest-growing region: Asia Pacific
• Leading type: Brewer’s Yeast
• Leading application: Food & Beverage
• Key growth drivers: Bakery products, alcoholic beverages, animal feed, plant-based foods, and

fermented products

• Key players: ADM (US), Cargill, Incorporated (US), DSM-Firmenich (Switzerland), Nutreco (Netherlands), Alltech (US), Ridley Corporation Limited (Australia), Purina Animal Nutrition LLC (US), Adisseo (France), Aller Aqua Group (Denmark), Avanti Feeds Limited (India), The Waterbase Limited (India), JAPFA LTD (Singapore), Charoen Pokphand Foods PCL (Thailand), BioMar Group (Denmark), and Norel Animal Nutrition (Spain).

Why This Market Matters

Yeast is a versatile ingredient with applications spanning baking, alcoholic beverage production, animal nutrition, functional foods, nutritional supplements, and plant-based food products.

Growing consumption of bread, bakery products, beer, wine, and other fermented beverages is strengthening demand for yeast. At the same time, the increasing adoption of plant-based diets is creating additional opportunities because yeast can serve as a source of protein, B vitamins, beta-glucans, and other functional nutrients.

The shift toward natural and clean-label ingredients is also encouraging food and beverage manufacturers to explore yeast-based ingredients and fermentation solutions.

Analyst Perspective

The yeast market is evolving beyond its traditional role as a leavening and fermentation ingredient. Advances in biotechnology, strain development, fermentation technologies, and yeast-derived functional ingredients are expanding its applications across multiple industries.

Future growth is expected to be supported by increasing demand for functional foods, plant-based protein, nutritional supplements, fermented products, and sustainable food ingredients. Growing applications of yeast extracts and yeast-derived ingredients could further diversify market opportunities.

Segment Analysis

By Type

The Brewer’s Yeast segment is projected to register the highest growth during the forecast period.

Growth is supported by increasing beer consumption worldwide and the expansion of microbreweries and craft beer manufacturers. Beyond beer production, brewer’s yeast is gaining traction in nutritional supplements, functional foods, and animal feed because of its protein, B-vitamin, and beta-glucan content.

Growing consumer interest in functional nutrition and plant-based protein sources is further creating opportunities for brewer’s yeast.

By Application

The Food & Beverage segment is expected to dominate the yeast market during the study period.

Yeast plays a critical role in baking by acting as a leavening agent and improving the quality, texture, and structure of products such as bread and other baked goods. It is also essential for fermentation in alcoholic beverages, including beer and wine.

Continued global consumption of bakery and beverage products is expected to remain a major driver of yeast demand.

Regional Analysis

Asia Pacific is estimated to be the fastest-growing region for yeast during the forecast period.

The region's food & beverage industry is expanding rapidly due to urbanization, changing lifestyles, rising demand for convenient foods, and growing consumer preference for natural ingredients.

China is estimated to dominate the regional yeast market, supported by extensive applications in wine production, sauces, dairy products, and other food industries. Japan benefits from strong demand for bakery products, while India's market is supported by increasing consumption of fermented dairy products such as cheese and yogurt.

Australia is increasingly using yeast extracts to enhance the flavor profiles of plant-based meat alternatives. Meanwhile, traditional fermented foods and beverages in countries such as Thailand and the Philippines are creating additional demand for yeast-based ingredients.

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Key Trends Shaping the Yeast Industry

• Rising global consumption of bakery products and alcoholic beverages
• Growing adoption of clean-label and natural food ingredients
• Increasing demand for plant-based protein sources
• Expansion of craft breweries and microbreweries
• Growing use of yeast in animal nutrition and feed applications
• Rising interest in functional foods and nutritional supplements
• Increasing popularity of fermented foods and beverages
• Advances in biotechnology and fermentation technologies
• Growing use of yeast extracts in plant-based food products
• Increasing focus on sustainable and health-oriented food ingredients

Competitive Landscape: Key Players to Watch

Leading companies operating in the Yeast Market include ADM, Cargill, Incorporated, DSM-Firmenich, Nutreco, Alltech, Ridley Corporation Limited, Purina Animal Nutrition LLC, Adisseo, Aller Aqua Group, Avanti Feeds Limited, The Waterbase Limited, JAPFA LTD, Charoen Pokphand Foods PCL, BioMar Group, and Norel Animal Nutrition.

These companies are leveraging fermentation technologies, product innovation, strategic partnerships, and expanding application portfolios to strengthen their positions across food, beverage, nutrition, and animal feed markets.

Future of the Yeast Market

• The future of yeast market will be shaped by fermentation innovation, functional nutrition, plant-based foods, and clean-label ingredient trends.
• Yeast-derived ingredients with nutritional and functional benefits could gain wider adoption across food, beverage, supplement, and animal feed applications.
• Growing demand for plant-based protein is expected to create new opportunities for yeast as a nutritious and versatile ingredient.
• Advances in strain development and fermentation technologies will support improved productivity, quality, functionality, and scalability.
• Increasing consumer interest in fermented foods and beverages could further expand yeast applications across emerging food categories.
• Yeast extracts and yeast-based flavor solutions are expected to gain traction as manufacturers seek natural alternatives for improving taste and nutritional profiles.
• Growing demand for sustainable food and feed ingredients will create opportunities for innovative yeast-based solutions across diverse industries.

Related Reports

• Beta-Glucan Market
• Specialty Yeast Market

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Report Code: FB 2233| Published: 10 March 2026 | Report Pages: 320 | Market Data Tables: 65 | Figures: 60