Global Inactive Yeast Market 2024

Inactive Yeast Market Size

After three years of growth, the global inactive yeast market decreased by -0.9% to $X in 2021. Overall, consumption continues to indicate a mild decrease. Over the period under review, the global market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Inactive Yeast Production

In value terms, inactive yeast production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of 33% against the previous year. Global production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Inactive Yeast Exports

Exports

In 2021, shipments abroad of inactive yeasts and other dead single-cell micro-organisms increased by 16% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +44.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 24% against the previous year. The global exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, inactive yeast exports expanded significantly to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +35.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Over the period under review, the global exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

In 2021, Brazil (X tons), distantly followed by France (X tons), China (X tons), Russia (X tons), Germany (X tons), Belgium (X tons), the United States (X tons) and Poland (X tons) represented the key exporters of inactive yeasts and other dead single-cell micro-organisms, together committing 71% of total exports. Estonia (X tons), Italy (X tons), Malaysia (X tons), Ukraine (X tons) and Switzerland (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to inactive yeast exports from Brazil stood at +8.1%. At the same time, Malaysia (+61.6%), Ukraine (+47.7%), Russia (+20.4%), China (+10.8%), France (+8.8%), Belgium (+7.9%), Germany (+6.6%), Poland (+5.3%), Estonia (+3.4%), the United States (+3.2%) and Switzerland (+2.5%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +61.6% from 2012-2021. By contrast, Italy (-5.6%) illustrated a downward trend over the same period. Russia (+4.9 p.p.), Brazil (+2.7 p.p.), China (+2.4 p.p.), Malaysia (+2.2 p.p.), Ukraine (+2.1 p.p.) and France (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while the United States and Italy saw its share reduced by -1.7% and -4.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inactive yeast supplying countries worldwide were Brazil ($X), France ($X) and the United States ($X), with a combined 32% share of global exports. China, Belgium, Germany, Estonia, Italy, Russia, Poland, Malaysia, Ukraine and Switzerland lagged somewhat behind, together accounting for a further 41%.

Ukraine, with a CAGR of +57.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average inactive yeast export price stood at $X per ton in 2021, reducing by -2.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 12% against the previous year. The global export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), while the other global leaders experienced more modest paces of growth.

Inactive Yeast Imports

Imports

In 2021, approx. X tons of inactive yeasts and other dead single-cell micro-organisms were imported worldwide; with an increase of 15% against the previous year. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +107.6% against 2012 indices. The growth pace was the most rapid in 2017 when imports increased by 15%. Global imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, inactive yeast imports expanded rapidly to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.9% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by the United States (X tons), Belarus (X tons), Turkey (X tons), France (X tons) and Belgium (X tons) were the key importers of inactive yeasts and other dead single-cell micro-organisms, together achieving 51% of total imports. The UK (X tons), Italy (X tons), Poland (X tons), the Netherlands (X tons), South Korea (X tons), the Czech Republic (X tons) and Japan (X tons) took a little share of total imports.

Imports into Germany increased at an average annual rate of +12.3% from 2012 to 2021. At the same time, South Korea (+25.3%), Turkey (+22.7%), the Czech Republic (+20.3%), Belarus (+18.7%), the UK (+9.9%), Italy (+9.5%), Poland (+8.7%), Belgium (+8.7%), the United States (+7.3%), the Netherlands (+4.7%), France (+2.9%) and Japan (+2.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +25.3% from 2012-2021. From 2012 to 2021, the share of Germany, Belarus, Turkey and South Korea increased by +5.4, +4, +3.5 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported inactive yeasts and other dead single-cell micro-organisms worldwide, comprising 14% of global imports. The second position in the ranking was held by Germany ($X), with a 6.4% share of global imports. It was followed by France, with a 6.2% share.

In the United States, inactive yeast imports expanded at an average annual rate of +5.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+9.7% per year) and France (+5.2% per year).

Import Prices by Country

In 2021, the average inactive yeast import price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price saw a mild decline. The pace of growth appeared the most rapid in 2020 an increase of 2.6% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :