The global Yeast Market is valued at USD 34.98 billion in 2024, driven by growing applications in bakery, alcoholic beverages, animal feed, and pharmaceutical industries. Europe dominates the global yeast market, holding the largest share due to well-established baking and brewing industries, traditional fermentation practices, and strict food safety regulations. North America holds a significant portion of the market, driven by growing demand for convenience foods, functional bakery products, and innovations in yeast-based solutions. Asia-Pacific is witnessing rapid expansion, with rising urbanization in China, India, and Southeast Asia fueling demand for both fresh and packaged bakery and beverage products.
Yeast overview
Published by MMR Statistics Research Team, Updated