The yeast market - France

The global yeast market has been experiencing robust growth, with a notable compound annual growth rate (CAGR) expected from 2020 onwards. As reported by Zion Market Research, the market was poised to surge from $4.1 billion in 2017 to a forecasted $8.9 billion by 2026, indicating an impressive 9% yearly growth rate. Yeast production was also set to expand from 1,120 kilotonnes in 2017 to 2,220 kilotonnes by 2026, with a yearly CAGR of about 8%. The market structure is highly concentrated with a few major players dominating the scene, led by companies like the France-based Lesaffre, contributing significantly to this growth. The demand for yeast is diversified, stemming from its various applications across industries such as bakery, alcoholic beverages, nutritional supplements, and biotechnology. Despite Europe holding a dominant market share of around 32% in 2017, regions such as Asia-Pacific were expected to witness the strongest growth due to factors like increasing population and GDP. Rapid development in ready-made meals, rising alcohol consumption, and recognition of the health benefits of yeast continue to fuel the market trends observed from 2020 onwards..Market Trends in the Yeast Sector The yeast market in the country has been witnessing a robust upward trajectory, marked by an increased preference for ready-made meals, a steady consumption of alcohol, and a growing awareness of the nutritional benefits offered by yeasts. Yeasts play a pivotal role in various industries, not limited to food and beverage processing. They are integral to fermentation processes, influencing the taste, smell, and texture of an array of products. There are several forms of yeasts available in the market, including fresh, dry, and instant varieties. Their applications span across different sectors such as bakery products, taste enhancement in food, health and wellness supplements, alcoholic beverage production, and biotechnologies like biofuels. The country boasts one of the world’s premier yeast manufacturers, placing it in a favorable position given that bread-making yeasts are predominantly produced globally. The global yeast market is valued at around $4.1 billion to $8.9 billion, with expectations of this figure nearly doubling over a forecast period due to an annual growth rate of approximately 9%. Europe holds a significant market share, accounting for about one-third of the global market. However, regions like Asia-Pacific are anticipated to witness the highest growth rates. In terms of production, fresh and active yeasts excluding baker's yeasts account for an estimated value of between €60 and €70 million, while baker's yeast reaches a market size of close to €60 million. Inactive yeast production is also considerable, with an estimated value of around €30 million. Baking powders contribute to the market as well, with a value of nearly €9 million. Imports of various types of yeasts to the country reveal a strong dependence on international sources, with Germany, Denmark, Italy, and the Netherlands being significant suppliers. The overall yeast production in the country is valued at approximately €165 million, signifying its substantial role in the food industry. When it comes to the domestic landscape, bakeries take center stage, with around 29,600 establishments contributing to about 45.2% of the bakery turnover in the nation, which averages between €350,000 and €400,000 per bakery. The consumption of bread per capita has seen a slight decrease over the years, from around 160 grams per day to about 120 grams. Alcohol consumption patterns show a nuanced trend, with the consumption of wine per capita declining from about 55 liters to just over 40 liters yearly. Conversely, beer consumption has witnessed a mild increase, with figures suggesting around .### Key Players Shaping the Yeast Market Landscape The yeast market, especially in the context of France, is a highly concentrated industry space where a few significant manufacturers have established a robust presence. Here we have a look at some of the notable companies that continue to have a considerable impact on this narrow, yet essential, market segment. **Lesaffre Group** - Sitting at the apex of the yeast production hierarchy in France, Lesaffre is not just a national leader but a global powerhouse in the yeast market. With a workforce that extends into the thousands, this group is a staple in the baking industry, providing various yeast products for an array of applications, from baking to biotechnology. **AB Mauri France** - A subsidiary under the larger umbrella of Associated British Foods, AB Mauri France brings to the scene an array of yeast products catered primarily towards industrialists, artisans, and distributors. It boasts an impressive heritage, linking back to its inception in 1998, which underscores its stability and reliability in the yeast market. **Biospringer** - Another segment of the Lesaffre empire, Biospringer focuses its efforts on yeast extracts and dried yeasts. Going strong since 1872, their continued evolution has seen them become specialists in culinary solutions, branching out into taste-enhancing products and leveraging the nutritional benefits of yeast in various industries. **Lallemand Baking Solutions** - Hailing from Canada with a European branch seared in France, Lallemand cuts across borders to supply yeasts across the European continent. They are known for their diverse array of yeasts that meet a wide range of bakery and other industrial needs. **Fala Yeasts** - As part of Lesaffre's portfolio, Fala offers a particularly popular selection of pressed yeasts. Aimed at facilitating bread making both for professional bakers and home enthusiasts, Fala stands as an accessible option for quality leavening agents. Beyond the mere production of yeast, these companies contribute significantly to innovation, growth, and the overall dynamism of the market. Be it through product development, research and strategic acquisitions, they not only capitalize on existing demand but also foster new opportunities within the yeast industry. From colossal global entities to smaller specialized houses, the structure of the yeast market may be tight-knit, but it is incredibly influential. The common thread among them all is their ability to adjust their offerings to meet the intricate demands of the various sectors -- from bakeries to biotech, demonstrating the versatile and critical role of yeast in the

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• Number of pages : 30 pages
• Format : Digital and PDF versions
• Last update : 01/09/2023

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List of charts

• Chiffre d'affaires de la levure dans le Monde par région
• Répartition de la production de levure en valeur, par type de levure
• Consommation quotidienne de pain
• Canaux de distribution des produits de boulangerie
• Consommation annuelle de vin par personne
• Consommation annuelle de bières par personne

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