The European Yeasts Market shows Germany as the largest market in 2024, valued at 360.96 million euros. The United Kingdom and Greece experienced positive growth in 2023, with values reflecting a 2.7% and 2.02% increase, respectively. In contrast, Italy and Romania saw declines of 1.92% and 2.07%. Overall growth trends in Germany and Hungary suggest stability and expansion over recent years, contrasting with downturns in Italy and Croatia.
Future trends to watch in the European Yeasts Market include potential technological innovations and sustainability efforts, which could drive further growth in more mature markets like Germany and emerging markets like Hungary.
Top countries in Yeasts Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 360,960,000 | 2023 | +0.91% | +1.62% | View data |
| 2 | 2 Italy | 263,220,000 | 2023 | -0.79% | -1.92% | View data |
| 3 | 3 United Kingdom | 111,090,000 | 2023 | +1.94% | +2.7% | View data |
| 4 | 4 Spain | 108,560,000 | 2023 | -0.77% | -0.67% | View data |
| 5 | 5 Greece | 76,086,000 | 2023 | +2.12% | +2.02% | View data |
| 6 | 6 Austria | 61,894,000 | 2023 | +0.47% | +0.96% | View data |
| 7 | 7 Hungary | 25,067,000 | 2023 | +1.23% | +2.47% | View data |
| 8 | 8 Bulgaria | 19,318,000 | 2023 | +1.21% | +1.39% | View data |
| 9 | 9 Romania | 11,243,000 | 2023 | -2.64% | -2.07% | View data |
| 10 | 10 Croatia | 9,888,300 | 2023 | -5.47% | -3.27% | View data |