In 2023, Germany leads European sold production of yeasts with a share of 24.68%, slightly up by 2.86%. Italy and France follow closely with 23.63% and 22.36%, respectively, with France showing a significant year-on-year increase of 88.97%. The UK and Poland stand out with notable declines of -15.37% and -16.77%. Sweden, Lithuania, and Belgium demonstrate substantial growth at 57.87%, 30.1%, and 40.44%, respectively. Over the past five years, the average compound annual growth rate indicates steady growth in emerging countries like Estonia and Greece.
Future trends suggest ongoing expansion in smaller markets such as Sweden, Belgium, and Lithuania, with potential declines in traditionally large markets like the UK and Poland. Monitoring economic conditions and innovation in yeast production technologies will be essential for assessing shifts in market dynamics.
Top countries in Sold Production of Yeasts Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.68 | 2023 | +2.14% | +2.86% | View data |
| 2 | 2 Italy | 23.63 | 2023 | +2.02% | +2.05% | View data |
| 3 | 3 France | 22.36 | 2023 | +0.3% | +88.97% | View data |
| 4 | 4 Spain | 6.23 | 2023 | +2.46% | +2.5% | View data |
| 5 | 5 Estonia | 5.12 | 2023 | +7.55% | +11.31% | View data |
| 6 | 6 Greece | 4.76 | 2023 | +3.36% | +7.17% | View data |
| 7 | 7 Hungary | 3.26 | 2023 | +2.2% | +0.48% | View data |
| 8 | 8 Austria | 3.15 | 2023 | +0.084% | +3.32% | View data |
| 9 | 9 United Kingdom | 3.08 | 2023 | -5.65% | -15.37% | View data |
| 10 | 10 Denmark | 1.62 | 2023 | +1.23% | +4.98% | View data |
