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.
|Market Size||US$ 40.8 billion by 2030|
|Growth Rate||CAGR of 15.8% From 2021 to 2030
|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|
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.
Associated British Foods plc
By Product Type
Cleaning & Disinfection
Central & South America
Middle East & Africa
The Bioethanol Yeast market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Bioethanol Yeast market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Bioethanol Yeast market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Bioethanol Yeast market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Bioethanol Yeast market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Bioethanol Yeast capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Bioethanol Yeast by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Bioethanol Yeast market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Bioethanol Yeast market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Bioethanol Yeast market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Bioethanol Yeast industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Bioethanol Yeast market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Bioethanol Yeast market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Bioethanol Yeast market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Bioethanol Yeast market. These factors have benefited the growth of the global market for Bioethanol Yeast. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Bioethanol Yeast. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Bioethanol Yeast are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
Aerosol Market (By Material: Steel, Aluminium; By Type: Bag-In-Valve, Standard; By Application: Personal Care, Household) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Waste Management Market (By Service Type: Collection, Transportation, Disposal: By Waste Type: Industrial Waste, E-waste) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Lithium Market (By Product: Carbonate, Hydroxide; By Application: Automotive, Consumer Goods, Grid Storage) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Conformal Coatings Market (By Product: Acrylic, Epoxy, Urethane, Silicone, and Parylene; By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...
Polymer Foam Market (By Type: Polystyrene, Polyurethane, Polyolefin, Melamine, Phenolic, PVC; By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.Read more...