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's yeast, Brewer's yeast, Probiotics yeast, Wine yeast, Other types), By Genus (Saccharomyces, Kluyveromyces, Other genera), By Form (Active, Instant, Fresh), By Application (Food, Feed) And Competitive Landscape
Product Code: ETC218763 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 6 | |
Mexico Yeast market currently, in 2023, has witnessed an HHI of 5197, Which has increased slightly as compared to the HHI of 3473 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Mexico Yeast Market |
Forecast period | 2025-2031 |
CAGR | 5.2% |
Growing Sector | Food and Beverage |
The Mexico Yeast Market report thoroughly covers the market By Target Audience, By Type, By Genus, By Form and By Application. The market 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.
The Mexico yeast market has witnessed significant growth in recent years and is projected to continue growing in the coming years. This growth can be attributed to the increasing demand for yeast as a key ingredient in various food and beverage products, along with the rise in consumption of bakery and fermented food items.
According to 6Wresearch, Mexico Yeast Market size is expected to grow at a CAGR of 5.2% during 2025-2031. One of the major factors driving the growth of this market is the rising trend towards healthy and natural food products among consumers in Mexico. With an increasing awareness about the health benefits of yeast, there has been a growing demand for yeast-based products in the country. Additionally, the growing popularity of baking and brewing activities among consumers has also contributed to the demand for yeast. However, there are some challenges faced by this market, including fluctuations in raw material prices and strict government regulations for food safety and labeling. These factors may hinder the growth of the Mexico Yeast Market during the forecast period.
One of the major players in the Mexico yeast market is Lesaffre, a French company that produces and distributes yeasts and fermentation products. The company has a significant presence in the country and offers a wide range of innovative yeast solutions for different industries. Another key player in the market is AB Mauri, a global food ingredients company that specializes in yeast and bakery ingredients. The company has operations in Mexico and offers high-quality yeast solutions to meet the diverse needs of customers. Lallemand, a Canadian-based company, is also a major player in the Mexican market for yeasts and bacteria. The company provides natural solutions from fermentation to enhance food ingredients and processes. Other significant players in the market include Angel Yeast, Chr. Hansen Holdings A/S, and Synergy Flavors.
The Mexican government has implemented various initiatives to support the growth of the yeast industry in the country. The Secretariat of Agriculture and Rural Development (SADER) has launched programs to support and promote the production of high-quality yeast for food and beverage processing. The government has also implemented policies to encourage research and development in the yeast industry, which has led to increased innovation and improved product quality. In addition, the Mexican Ministry of Economy has established trade agreements with other countries to facilitate the import and export of yeasts, creating more opportunities for growth in the industry. Furthermore, the Mexican government has introduced regulations and standards to ensure the safety and quality of yeast products in the market. This includes regulations for labeling and packaging, as well as monitoring of production processes to ensure compliance with food safety standards. These initiatives have contributed to the growth and development of the yeast industry in Mexico, making it a competitive player in the global market.
The Mexican yeast market is expected to witness significant growth in the coming years. The increasing demand for convenience and processed foods, as well as the rising trend of clean-label products, are major factors driving the growth of the yeast industry in Mexico. Additionally, a growing awareness about the health benefits of consuming yeast-based products has led to an increase in their consumption. Moreover, the rise in disposable income and changing lifestyles have resulted in a higher demand for baked goods and alcoholic beverages, further boosting the growth of the yeast market in Mexico. The market is also expected to witness a shift towards more sustainable and eco-friendly yeast products, as consumers become more conscious of their impact on the environment. This presents opportunities for manufacturers to develop and introduce new and innovative yeast solutions. The increasing adoption of technology, such as automation and digitalization, in the production process is also expected to drive market growth. Overall, the future looks promising for the yeast market in Mexico, with favorable government initiatives, changing consumer preferences, and technological advancements contributing to its growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the most popular target audience for the Mexico yeast market is the food industry. This can be attributed to the growing demand for convenience foods and baked goods among consumers. The increasing awareness about health and wellness has also led to a rise in demand for probiotics yeast, which is used in various food products.
Baker's yeast is the most widely used type of yeast in Mexico. This can be attributed to its versatile applications in the food industry, especially for baking bread and other baked goods. Brewer's yeast, on the other hand, is primarily used in the beverage industry for brewing beer and wine.
The genus Saccharomyces is the leading category in the Mexico yeast market. This can be attributed to its widespread use in various industries, including food, feed, and beverage. Saccharomyces cerevisiae, also known as Baker's yeast, is the most commonly used species within this genus.
Active dry yeast is the dominant form of yeast in Mexico. This is due to its longer shelf life and easier storage compared to fresh yeast. However, there has been a growing trend towards the use of instant yeast in recent years due to its faster fermentation process and convenience.
The feed industry is the fastest-growing application segment for yeast in Mexico. This can be attributed to the increasing demand for animal feed with added nutritional benefits. Probiotic yeast, which is used in animal feed to promote gut health, has seen a significant growth in demand in recent years.
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 Mexico Yeast Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Yeast Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Yeast Market - Industry Life Cycle |
3.4 Mexico Yeast Market - Porter's Five Forces |
3.5 Mexico Yeast Market Revenues & Volume Share, By Target Audience, 2021 & 2031F |
3.6 Mexico Yeast Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Mexico Yeast Market Revenues & Volume Share, By Genus, 2021 & 2031F |
3.8 Mexico Yeast Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.9 Mexico Yeast Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Mexico Yeast Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Yeast Market Trends |
6 Mexico Yeast Market, By Types |
6.1 Mexico Yeast Market, By Target Audience |
6.1.1 Overview and Analysis |
6.1.2 Mexico Yeast Market Revenues & Volume, By Target Audience, 2021 - 2031F |
6.1.3 Mexico Yeast Market Revenues & Volume, By Raw material manufacturers and suppliers, 2021 - 2031F |
6.1.4 Mexico Yeast Market Revenues & Volume, By Research institutions, 2021 - 2031F |
6.1.5 Mexico Yeast Market Revenues & Volume, By Government bodies, 2021 - 2031F |
6.1.6 Mexico Yeast Market Revenues & Volume, By Distributors, 2021 - 2031F |
6.1.7 Mexico Yeast Market Revenues & Volume, By End-users (food, feed, and the beverage industry), 2021 - 2031F |
6.2 Mexico Yeast Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Mexico Yeast Market Revenues & Volume, By Bakerâ??s yeast, 2021 - 2031F |
6.2.3 Mexico Yeast Market Revenues & Volume, By Brewerâ??s yeast, 2021 - 2031F |
6.2.4 Mexico Yeast Market Revenues & Volume, By Probiotics yeast, 2021 - 2031F |
6.2.5 Mexico Yeast Market Revenues & Volume, By Wine yeast, 2021 - 2031F |
6.2.6 Mexico Yeast Market Revenues & Volume, By Other types, 2021 - 2031F |
6.3 Mexico Yeast Market, By Genus |
6.3.1 Overview and Analysis |
6.3.2 Mexico Yeast Market Revenues & Volume, By Saccharomyces, 2021 - 2031F |
6.3.3 Mexico Yeast Market Revenues & Volume, By Kluyveromyces, 2021 - 2031F |
6.3.4 Mexico Yeast Market Revenues & Volume, By Other genera, 2021 - 2031F |
6.4 Mexico Yeast Market, By Form |
6.4.1 Overview and Analysis |
6.4.2 Mexico Yeast Market Revenues & Volume, By Active, 2021 - 2031F |
6.4.3 Mexico Yeast Market Revenues & Volume, By Instant, 2021 - 2031F |
6.4.4 Mexico Yeast Market Revenues & Volume, By Fresh, 2021 - 2031F |
6.5 Mexico Yeast Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Mexico Yeast Market Revenues & Volume, By Food, 2021 - 2031F |
6.5.3 Mexico Yeast Market Revenues & Volume, By Feed, 2021 - 2031F |
7 Mexico Yeast Market Import-Export Trade Statistics |
7.1 Mexico Yeast Market Export to Major Countries |
7.2 Mexico Yeast Market Imports from Major Countries |
8 Mexico Yeast Market Key Performance Indicators |
9 Mexico Yeast Market - Opportunity Assessment |
9.1 Mexico Yeast Market Opportunity Assessment, By Target Audience, 2021 & 2031F |
9.2 Mexico Yeast Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Mexico Yeast Market Opportunity Assessment, By Genus, 2021 & 2031F |
9.4 Mexico Yeast Market Opportunity Assessment, By Form, 2021 & 2031F |
9.5 Mexico Yeast Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Mexico Yeast Market - Competitive Landscape |
10.1 Mexico Yeast Market Revenue Share, By Companies, 2024 |
10.2 Mexico Yeast Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |