Market Forecast By Target Audience (Raw material manufacturers and suppliers, Research institutions, Government bodies, Distributors, End-users (food, feed, and the beverage industry)), By Type (Baker yeast, Brewer yeast, Probiotics yeast, Wine yeast, Other types), By Genus (Saccharomyces, Kluyveromyces, Other general), By Form (Active, Instant, Fresh), By Application (Food, Feed) And Competitive Landscape
Product Code: ETC218783 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Yeast Market report thoroughly covers the market by target audience, by type, by genus, by form, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Korea Yeast Market is on the rise, and it is expected to grow significantly in the upcoming years. Yeast is an essential ingredient used in food and beverage production, and the increase in demand for healthy and organic food products is driving the South Korea Yeast Market Growth.
According to 6Wresearch, the South Korea Yeast Market size is expected to grow exponentially at a CAGR of 5.6% during the forecast period of 2025-2031. The market growth is primarily driven by an increase in demand in the food and beverage industry. As consumers seek healthier options, yeast has become more popular due to its abundant health benefits. The government has invested heavily in the nation's food and beverage industry, making it easier for companies to enter the market. The increase in urbanization, the growing population, and the rise in disposable income have all contributed to the growth of the South Korea yeast market. Additionally, advancements in technology and research related to the yeast processing and fermentation industry have expanded the range of applications for yeast use. One of the significant trends in the South Korea yeast market is the shift towards healthier and organic food products. Consumers are becoming more concerned about their health and opting for foods that are nutritious and organic. Furthermore, the rise in disposable income has resulted in higher demand for premium and high-quality food products, leading to the introduction of new yeast products. However, increasing competition from other countries are expected to limit the market growth. Nevertheless, the South Korea yeast industry is likely to benefit from the rise in demand for organic and healthy food products. Additionally, the country's advanced technology, skilled workforce, and the government's incentives make it an attractive destination for foreign investment.
The government set up an initiative to promote the use of local yeast strains to increase the market's competitiveness and reduce foreign dependence. The government aids in conducting research and development and collaborating with universities to influence research. Additionally, the government is also offering monetary support through subsidies to encourage local manufacturers to use local strains. Moreover, the government in the South Korea yeast market is to invest in research and development. This policy offers tax relief and other incentives to investors who support research and development by investing in the country. This policy aims to improve research and development efforts resulting in healthier, better-quality yeast for domestic use and export. The South Korea government is investing in infrastructures for state-of-the-art production facilities for firms that produce yeast. The government is investing in the construction of new facilities and the upgrading of existing manufacturing plants owned by local and foreign companies. Furthermore, the government is encouraging collaboration between local and foreign manufacturers in the yeast market. The government aims to attract foreign investors that can bring advanced technology to the local manufacturers, leading to new hybrid strains that can compete in the international markets.
The South Korean yeast market is highly competitive with the presence of both local and foreign manufacturers. Among the major players are Angel Yeast Co. Ltd., Lesaffre Korea Co. Ltd., and Lallemand Korea Corp. These companies generate significant revenue for the country by producing yeast for various applications. The support of the government in the yeast industry is creating an outstanding environment for firms to participate in the market development.
According to Shivani, Senior Research Analyst, 6Wresearch, the baker yeast segment holds the dominant position in the market owing to the significant demand for processed and baked foods in South Korea. The brewer yeast segment is also witnessing impressive growth due to the rising popularity of craft beer and beer tourism in the country.
Based on Genus, the Saccharomyces genus holds the largest market share due to its exceptional fermentation properties in the bakery, brewing, and winemaking industries. The Kluyveromyces genus is preferred for its ability to work in a wide temperature range, making it suitable for various applications.
By Form, the active yeast segment dominates the South Korea Yeast Market Share due to its versatility in various applications. It is also preferred by bakers, brewers, and winemakers due to its ability to ferment quickly. The instant yeast segment is growing due to its convenience and extended shelf-life compared to other forms.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Yeast Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Yeast Market Revenues & Volume, 2025-2031F |
3.3 South Korea Yeast Market - Industry Life Cycle |
3.4 South Korea Yeast Market - Porter's Five Forces |
3.5 South Korea Yeast Market Revenues & Volume Share, By Target Audience, 2025-2031F |
3.6 South Korea Yeast Market Revenues & Volume Share, By Type, 2025-2031F |
3.7 South Korea Yeast Market Revenues & Volume Share, By Genus, 2025-2031F |
3.8 South Korea Yeast Market Revenues & Volume Share, By Form, 2025-2031F |
3.9 South Korea Yeast Market Revenues & Volume Share, By Application, 2025-2031F |
4 South Korea Yeast Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of yeast products |
4.2.2 Growing demand for natural and organic ingredients in food and beverage industry |
4.2.3 Rising popularity of fermented foods in South Korean cuisine |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Stringent regulations and quality standards in the food industry |
4.3.3 Competition from substitute products like baking powder and baking soda |
5 South Korea Yeast Market Trends |
6 South Korea Yeast Market, By Types |
6.1 South Korea Yeast Market, By Target Audience |
6.1.1 Overview and Analysis |
6.1.2 South Korea Yeast Market Revenues & Volume, By Target Audience, 2020 - 2031F |
6.1.3 South Korea Yeast Market Revenues & Volume, By Raw material manufacturers and suppliers, 2020 - 2031F |
6.1.4 South Korea Yeast Market Revenues & Volume, By Research institutions, 2020 - 2031F |
6.1.5 South Korea Yeast Market Revenues & Volume, By Government bodies, 2020 - 2031F |
6.1.6 South Korea Yeast Market Revenues & Volume, By Distributors, 2020 - 2031F |
6.1.7 South Korea Yeast Market Revenues & Volume, By End-users (food, feed, and the beverage industry), 2020 - 2031F |
6.2 South Korea Yeast Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 South Korea Yeast Market Revenues & Volume, By Baker??s yeast, 2020 - 2031F |
6.2.3 South Korea Yeast Market Revenues & Volume, By Brewer??s yeast, 2020 - 2031F |
6.2.4 South Korea Yeast Market Revenues & Volume, By Probiotics yeast, 2020 - 2031F |
6.2.5 South Korea Yeast Market Revenues & Volume, By Wine yeast, 2020 - 2031F |
6.2.6 South Korea Yeast Market Revenues & Volume, By Other types, 2020 - 2031F |
6.3 South Korea Yeast Market, By Genus |
6.3.1 Overview and Analysis |
6.3.2 South Korea Yeast Market Revenues & Volume, By Saccharomyces, 2020 - 2031F |
6.3.3 South Korea Yeast Market Revenues & Volume, By Kluyveromyces, 2020 - 2031F |
6.3.4 South Korea Yeast Market Revenues & Volume, By Other genera, 2020 - 2031F |
6.4 South Korea Yeast Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 South Korea Yeast Market Revenues & Volume, By Active, 2020 - 2031F |
6.4.3 South Korea Yeast Market Revenues & Volume, By Instant, 2020 - 2031F |
6.4.4 South Korea Yeast Market Revenues & Volume, By Fresh, 2020 - 2031F |
6.5 South Korea Yeast Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 South Korea Yeast Market Revenues & Volume, By Food, 2020 - 2031F |
6.5.3 South Korea Yeast Market Revenues & Volume, By Feed, 2020 - 2031F |
7 South Korea Yeast Market Import-Export Trade Statistics |
7.1 South Korea Yeast Market Export to Major Countries |
7.2 South Korea Yeast Market Imports from Major Countries |
8 South Korea Yeast Market Key Performance Indicators |
8.1 Percentage of households consuming yeast-based products |
8.2 Number of new product launches featuring yeast as an ingredient |
8.3 Growth in the number of artisan bakeries and specialty stores carrying yeast products |
8.4 Consumer survey results indicating preferences for yeast-based products |
8.5 Number of partnerships or collaborations between yeast manufacturers and food companies for product development |
9 South Korea Yeast Market - Opportunity Assessment |
9.1 South Korea Yeast Market Opportunity Assessment, By Target Audience, 2025-2031F |
9.2 South Korea Yeast Market Opportunity Assessment, By Type, 2025-2031F |
9.3 South Korea Yeast Market Opportunity Assessment, By Genus, 2025-2031F |
9.4 South Korea Yeast Market Opportunity Assessment, By Form, 2025-2031F |
9.5 South Korea Yeast Market Opportunity Assessment, By Application, 2025-2031F |
10 South Korea Yeast Market - Competitive Landscape |
10.1 South Korea Yeast Market Revenue Share, By Companies, 2024 |
10.2 South Korea Yeast Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |