Global Bioethanol Yeast Market is valued at approximately USD 14.85 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 14.04% over the forecast period 2023-2030. Bioethanol yeast, also known as ethanol-producing yeast, refers to a type of yeast that is used in the production of bioethanol, a renewable and sustainable form of fuel. This yeast is specifically selected and engineered for its ability to ferment sugars and convert them into ethanol through a process called alcoholic fermentation. The market for bioethanol is driven by several factors such as the significant decline in demand for petrochemical-based raw materials resulting in the shift towards bio-based alternatives. Additionally, the production and consumption of bioethanol are highly influenced by the demand from end-use applications including cleaning & disinfection, biofuel, food, animal feed, and others. .
The growing consumption of alcoholic beverages is expected to be a key driver for the demand for bioethanol yeast. As per Statista's 2023 report, the global volume in the alcoholic drinks sector is projected to witness a consistent increase. In 2023, the total volume of alcoholic drinks was accounted at 272.30 billion litres, which is projected to reach 306.40 billion litres by 2027. Moreover, the demand for bioethanol yeast is projected to experience substantial growth in the foreseeable period, primarily driven by the increasing demand for food and animal products. Furthermore, factors such as rising consumer disposable income levels, constant product innovations, and extensive market penetration in various countries contribute to the lucrative demand for bioethanol yeast over the forecast period of 2023-2030. However, supply chain disruptions, including challenges in raw material sourcing and logistics services, are anticipated to negatively impact the food and beverage market, leading to a potential decrease in product demand globally.
The key regions considered for the Global Bioethanol Yeast Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the stringent government regulations on antibiotics usage in animals, as well as growing awareness of the importance of safe and healthy food consumption. Europe is estimated as the fastest growing region during the forecast period, owing to factors such as the international market players expanding their production facilities within the region. Additionally, research and development efforts and technological advancements focused on production technologies have contributed significantly to the market's growth in the region.
Major market players included in this report are:
- Lallemand Inc.
- Lesaffre Group
- Angel Yeast Co., Ltd.
- Associated British Foods plc (ABF Ingredients)
- DSM Nutritional Products AG
- Kerry Group
- Chr. Hansen Holding A/S
- Leiber GmbH
- Oriental Yeast Co., Ltd.
- Alltech Inc.
Recent Developments in the Market:
- In July 2021, MicroBioGen, an Australian company has developed a technology that offers a technological solution to produce low-carbon fuels while simultaneously enhancing food production in collaboration with global partner Novozymes.
- In February 2020, Novozymes, the Danish industrial biotech company unveiled the introduction of the Innova Fit, its latest non-GM yeast technology. This innovative solution addresses the challenges faced in biofuel production due to limitations associated with conventional and basic yeast, thereby reducing production bottlenecks.
Global Bioethanol Yeast Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Product Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
By Application:
- Cleaning & Disinfection
- Biofuel
- Food
- Animal Feed
- Other
Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Bioethanol Yeast Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Bioethanol Yeast Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. Bioethanol Yeast Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Bioethanol Yeast Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Bioethanol Yeast Market Dynamics
- 3.1. Bioethanol Yeast Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing trend towards the adoption of bio-based alternatives
- 3.1.1.2. Increasing demand from end-use industries
- 3.1.2. Market Challenges
- 3.1.2.1. Supply chain disruptions
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing demand for food and animal products
- 3.1.3.2. Constant product innovations
- 3.1.3.3. Extensive market penetration in emerging nations
Chapter 4. Global Bioethanol Yeast Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Bioethanol Yeast Market, by Product Type
- 5.1. Market Snapshot
- 5.2. Global Bioethanol Yeast Market by Product Type, Performance - Potential Analysis
- 5.3. Global Bioethanol Yeast Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
- 5.4. Bioethanol Yeast Market, Sub Segment Analysis
- 5.4.1. Baker's
- 5.4.2. Brewer's
Chapter 6. Global Bioethanol Yeast Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Bioethanol Yeast Market by Application, Performance - Potential Analysis
- 6.3. Global Bioethanol Yeast Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Bioethanol Yeast Market, Sub Segment Analysis
- 6.4.1. Cleaning & Disinfection
- 6.4.2. Biofuel
- 6.4.3. Food
- 6.4.4. Animal Feed
- 6.4.5. Other
Chapter 7. Global Bioethanol Yeast Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Bioethanol Yeast Market, Regional Market Snapshot
- 7.4. North America Bioethanol Yeast Market
- 7.4.1. U.S. Bioethanol Yeast Market
- 7.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Bioethanol Yeast Market
- 7.5. Europe Bioethanol Yeast Market Snapshot
- 7.5.1. U.K. Bioethanol Yeast Market
- 7.5.2. Germany Bioethanol Yeast Market
- 7.5.3. France Bioethanol Yeast Market
- 7.5.4. Spain Bioethanol Yeast Market
- 7.5.5. Italy Bioethanol Yeast Market
- 7.5.6. Rest of Europe Bioethanol Yeast Market
- 7.6. Asia-Pacific Bioethanol Yeast Market Snapshot
- 7.6.1. China Bioethanol Yeast Market
- 7.6.2. India Bioethanol Yeast Market
- 7.6.3. Japan Bioethanol Yeast Market
- 7.6.4. Australia Bioethanol Yeast Market
- 7.6.5. South Korea Bioethanol Yeast Market
- 7.6.6. Rest of Asia Pacific Bioethanol Yeast Market
- 7.7. Latin America Bioethanol Yeast Market Snapshot
- 7.7.1. Brazil Bioethanol Yeast Market
- 7.7.2. Mexico Bioethanol Yeast Market
- 7.8. Middle East & Africa Bioethanol Yeast Market
- 7.8.1. Saudi Arabia Bioethanol Yeast Market
- 7.8.2. South Africa Bioethanol Yeast Market
- 7.8.3. Rest of Middle East & Africa Bioethanol Yeast Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Lallemand Inc.
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Lesaffre Group
- 8.3.3. Angel Yeast Co., Ltd.
- 8.3.4. Associated British Foods plc (ABF Ingredients)
- 8.3.5. DSM Nutritional Products AG
- 8.3.6. Kerry Group
- 8.3.7. Chr. Hansen Holding A/S
- 8.3.8. Leiber GmbH
- 8.3.9. Oriental Yeast Co., Ltd.
- 8.3.10. Alltech Inc.
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption