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Global Bioethanol Yeast Market Size and Forecast 2023-2032 | Associated British Foods PLC., Novozymes A/S, AB Mauri, Lallemand Inc., Cargill Incorporated, Koninklijke DSM N.V

The Bioethanol Yeast Global Market Report 2023 by The Business Research Company, provides bioethanol yeast market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Bioethanol Yeast Global Market Report 2023, the market size is expected to grow from$15.79 billion in 2022 to $17.92 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global bioethanol yeast market size is expected to reach $29.02 billion in 2027 at a CAGR of 12.8%.

The increase in the consumption of bakery products and alcoholic beverages is expected to propel the growth of the bioethanol yeast market going forward. Bakery products and alcoholic beverages refer to food products prepared from flour or some form of grain that is fermented from the sugars in fruits, berries, grains, and other ingredients to enhance the taste and texture of products. Bioethanol yeast is used to prepare the majority of bakery foods that include bread and rolls made from yeast-leavened dough to achieve desired flavor and texture with enhanced nutrition. Moreover, alcoholic beverages such as beer, whisky, and wine are fermented by yeast to increase the alcohol content.

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The bioethanol yeast market is segmented:

1) By Type: Yeast Extract, Autolyzed Yeast

2) By Genus: Saccharomyces, Kluyveromyces

3) By Form: Active, Instant, Fresh

4) By Application: Food, Animal Feed, Biofuel, Cleaning and Disinfection, Other Applications

Product innovations are gaining popularity as a key trend in the bioethanol yeast market. Major companies operating in the market are focused on research and development for product innovations to sustain their position in the market. For Instance, In October 2021, Novozymes A/S, a Denmark-based biotechnology company, launched Innova Quantum, a complete fermentation solution. Innova Quantum is a robust new yeast solution. Innova Quantum is a full fermentation solution made up of cutting-edge yeast and excellent, custom-made enzyme solutions. It has advantages over other varieties of yeast, including a 2-3% increase in ethanol yield and a reduced requirement for yeast nutritional supplements. Additionally, it is capable of providing 60 hours or more fermentation times for ethanol plants achieving higher ethanol yields and processing efficiencies.

The bioethanol yeast market report table of contents includes:

1. Executive Summary

2. Bioethanol Yeast Market Characteristics

3. Bioethanol Yeast Market Trends And Strategies

4. Bioethanol Yeast Market – Macro Economic Scenario

5. Bioethanol Yeast Market Size And Growth

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27. Bioethanol Yeast Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Bioethanol Yeast Market

29. Bioethanol Yeast Market Future Outlook and Potential Analysis

30. Appendix

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