News

The global bioethanol yeast market size is expected to be worth around US$ 40.8 billion by 2030, according to a new report by Vision Research Reports.

The global bioethanol yeast market size was valued at US$ 12.40 billion in 2020 and is anticipated to grow at a CAGR of 15.8% during forecast period 2021 to 2030.

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Bioethanol Yeast Market (By Product: Baker’s, Brewer’s; By Application: Food, Animal Feed, Biofuel, Cleaning & Disinfection, Other Applications) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

Report Coverage

Report Scope	Details
Market Size	US$ 40.8 billion by 2030
Growth Rate	CAGR of 15.8% From 2021 to 2030
Base Year	2021
Forecast Period	2021 to 2030
Segments Covered	Product type, application
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	Novozymes; Associated British Foods plc; DSM; AB Mauri; Cargill, Inc

Growth Factors

 There is a rising demand for bioethanol yeasts-based disinfection and sanitation products at present owing to the surging requirement to improve hygiene in hospitals, offices, and other public places to inhibit the spread of the infectious COVID-19 disease among staff and patients. The market is also driven by the rising awareness among people about personal hygiene. Furthermore, governments in Europe and North America have implemented stringent regulations for the use of chemical-based formulations, which is expected to boost the product demand, thereby supporting market growth.

The production and consumption of bioethanol are highly influenced by its demand in the end-use industries. Thus, any fluctuations in the demand from end-use industries are anticipated to directly impact the demand and prices of bioethanol.

By Application Analysis

The biofuels application segment accounted for the largest revenue share of more than 68% in 2020 and is anticipated to remain dominant over the forecast period. This high share is attributed to the increased consumption of biofuels as a substitute for fossil fuels.

The product demand is expected to increase in the market owing to the surge in demand for organic bakery products due to the rising awareness regarding the consumption of healthy and safe foods.

Several companies, such as Verbio and Clariant, irrespective of their core businesses started investing and manufacturing disinfectants and related products to gain profits. Such factors led to a massive increase in product demand during the pandemic.

By Product Type Analysis

In terms of volume, the baker’s yeast type segment dominated the market with a share of over 67% in 2020. Baker’s yeast consists of one or more strains of Saccharomyces cerevisiae, a fungus used as a leavening in the bakery.

It is reacted with biomass substances, such as agricultural waste, to produce bioethanol. The optimum pH value required for the reaction is from 4–5 for the highest yield. The demand for baker’s yeast for producing bioethanol is expected to increase in the market because it is one of the most sustainable.

Brewer’s yeast is generally of two types: top-fermenting and bottom-fermenting, also known as lager and ale yeast. They are mainly used in the production of beer. The most commercially used brewer’s yeast is strains of Saccharomyces cerevisiae.

By Regional Analysis

The market in North America accounted for the largest revenue share of more than 47% in 2020 and will expand further at a steady CAGR from 2021 to 2030. Stringent government regulations regarding the use of antibiotics owing to their harmful effects on animals.

Extended support from the government for maintaining the environment clean has also propelled product consumption across end-use segments in the region.

The Europe region has also witnessed a surge in demand for cleaners and disinfection products amid the pandemic. International market players are expanding their production facilities in the region to meet the rising domestic demand for bioethanol yeast.

Key Players

• Novozymes
• Associated British Foods plc
• DSM
• AB Mauri
• Cargill, Inc.

Market Segmentation

• By Product Type
  • Baker’s
  • Brewer’s
• By Application
  • Food
  • Animal Feed
  • Biofuel
  • Cleaning & Disinfection
  • Other Applications
• Regional
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Saudi Arabia

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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