Yeasts are unicellular fungi, used in fermentation and the production of wine, beer, industrial alcohols, yeast dough and antibiotics.
Annual consumption of yeast worldwide is estimated at around 3 million tonnes, including 600,000 tonnes consumed in the European Union and 900,000 tonnes produced by the EU.
Due to high barriers to entry, the yeast market is dominated by certain big names in biochemistry. Lesaffre is the world's leading producer.
The leading companies in the yeast market are gradually diversifying towards the health nutrition segment, which is more profitable and growing rapidly.
New technology is a growth driver for the yeast market, in various applications such as biofuels to nutritional health.
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