The European yeast market in 2023 saw Germany leading with a significant volume share, followed by Italy and Spain. Germany experienced a growth of 0.48%, while Italy and Spain saw declines of 4.66% and 1.04%, respectively. Austria and the Netherlands showed positive growth trends, 1.63% and 0.91%. Notably, Slovakia increased by 2.12%, whereas Croatia and Romania faced the steepest declines at 6.16% and 3.19%. Finland and Slovenia remained relatively stable.
Future trends indicate potential growth in countries with improving economies, as demand for yeast in bakery and brewing industries expands. Innovations in yeast applications beyond traditional uses could also drive market shifts.
Top countries in Yeasts Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 48.11 | 2023 | -0.35% | +0.48% | View data |
| 2 | 2 Italy | 13.64 | 2023 | -3.53% | -4.66% | View data |
| 3 | 3 Spain | 12.64 | 2023 | -0.81% | -1.04% | View data |
| 4 | 4 Netherlands | 7.45 | 2023 | +1.18% | +0.91% | View data |
| 5 | 5 Austria | 5.61 | 2023 | +1.34% | +1.63% | View data |
| 6 | 6 Greece | 5.01 | 2023 | +1.55% | +1.26% | View data |
| 7 | 7 Bulgaria | 2.11 | 2023 | +2.53% | +0.46% | View data |
| 8 | 8 Slovakia | 1.83 | 2023 | +1.26% | +2.12% | View data |
| 9 | 9 Romania | 1.39 | 2023 | -2.83% | -3.19% | View data |
| 10 | 10 Croatia | 1.07 | 2023 | -6.91% | -6.16% | View data |
