The European sold production of yeasts sees Germany at the forefront with 242.67 million kilograms. Italy and France follow at 127.1 and 94.319 respectively. In 2023, France's yeasts production soared by 100.14%, while Germany dipped slightly by 0.44%. Other significant changes are seen in Belgium (18.96%) and Sweden (59.04%). The UK experienced a notable decline of 22.23%. Over the last five years, the Compound Annual Growth Rate (CAGR) highlights the broader industry shifts and variations by country, indicating areas of growth potential and stagnation.
Looking ahead, watch for sustainability trends and technological advancements driving yeast production growth. Countries like France and Belgium may lead, leveraging these innovations. Monitoring market demand in emerging economies and dietary trend shifts will be crucial for future opportunities.
Top countries in Sold Production of Yeasts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 242,670,000 | 2023 | -0.62% | -0.44% | View data |
| 2 | 2 Italy | 127,100,000 | 2023 | +0.19% | -1.05% | View data |
| 3 | 3 France | 94,319,000 | 2023 | +1.64% | +100.14% | View data |
| 4 | 4 Spain | 84,675,000 | 2023 | +2.94% | +1.06% | View data |
| 5 | 5 Hungary | 51,743,000 | 2023 | +2.64% | +0.97% | View data |
| 6 | 6 Greece | 31,379,000 | 2023 | +6.09% | +7.94% | View data |
| 7 | 7 Portugal | 27,594,000 | 2023 | +5.83% | View data | |
| 8 | 8 Belgium | 17,849,000 | 2023 | +2.83% | +18.96% | View data |
| 9 | 9 Austria | 17,027,000 | 2023 | -1.21% | +1.22% | View data |
| 10 | 10 United Kingdom | 14,878,000 | 2023 | -22.78% | -22.23% | View data |