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Europe Inactive Dry Yeast Market Size

  • Report ID: GMI4871
  • Published Date: Aug 2024
  • Report Format: PDF

Europe Inactive Dry Yeast Market Size

Europe Inactive Dry Yeast Market size has a size of USD 68.8 Million in 2023 and is projected to expand at over 5.1% CAGR from 2024 to 2032. The European market for inactive dry yeast encompasses yeast products prized for their nutritional value and flavor enhancement, rather than for fermentation. This segment features nutritional yeast and other inactive varieties, widely employed in food, dietary supplements, and pharmaceuticals.

 

Europe's market growth is propelled by a surge in health-conscious consumer demands, the increasing popularity of veganism, and a heightened awareness of the benefits associated with inactive dry yeast. As the region increasingly prioritizes natural and functional foods, the market is poised for expansion, presenting substantial opportunities across the food and beverage, dietary supplements, and personal care sectors. According to data from Eurostat, the food and beverage sector accounts for 55% of the market share, while dietary supplements and personal care products contribute 25% and 15%, respectively.
 

Yeast saccharomyces cerevisiae is cultivated on sugarcane molasses to produce inactive dried yeast, which is then inactivated and dried. This product is a rich source of protein, phosphorus, and B vitamins, boasting essential amino acids, a Vitamin B complex, and various minerals. Notably, its high lysine and threonine content presents new growth opportunities for manufacturers. Lysine's antiviral properties further fuel business expansion. Additionally, the yeast contains trace minerals like sodium, potassium, zinc, calcium, and iron, enhancing its appeal. With its affordability and widespread availability, the product is poised for increased adoption. Furthermore, as the demand for traceability, transparency, and sustainability rises in the European animal feed industry, it will bolster the market for inactive dry yeast in animal feed applications.
 

The European market for inactive dry yeast encounters notable hurdles. These challenges stem from rigorous regulatory mandates on food and dietary supplements, elevating compliance expenses and impeding swift market penetration. Furthermore, the presence of competing nutritional supplements and functional ingredients poses a threat to market share. Consumer doubts regarding the advantages of yeast-based products further compound the growth obstacles. Volatility in raw material prices, coupled with supply chain disruptions, directly influences production costs and pricing strategies. Lastly, the market's expansion is curtailed by a lack of awareness and appreciation for the health benefits of inactive dry yeast among certain consumer segments.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Europe inactive dry yeast industry size was worth USD 68.8 million in 2023 and will register a 5.1% CAGR between 2024 and 2032 due to increasing consumer demand for natural and healthy food ingredients.

The poultry industry segment will reach USD 51.6 million by 2032, driven by its significant role in enhancing animal nutrition and growth

Germany inactive dry yeast industry will surpass USD 12.2 million by 2032, attributed to its advanced food and beverage industry and strong emphasis on innovative food ingredients.

Companies including Alltech, Leiber Germany, ADM, Angel Yeast, Sensient, Lesaffre, and Fleischmann's, are operating in the Europe inactive dry yeast industry.

Europe Inactive Dry Yeast Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 7
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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