According to a new report, published by KBV research, The Global Dry Wine Yeast Market size is expected to reach $2.7 billion by 2030, rising at a market growth of 4.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 5,492.6 Tonnes, experiencing a growth of 2.4% (2019-2022).
The Indirect segment is showcasing a CAGR of 6% during (2023 - 2030). Indirect sales channels encompass a range of distribution methods, including wholesalers, distributors, retailers, and online marketplaces, that act as intermediaries between yeast manufacturers and end-users, such as winemakers and wine production facilities. The strength of the indirect segment lies in its ability to facilitate widespread access to dry wine yeast products, catering to diverse customer bases, including commercial wineries, boutique producers, and even home winemakers.
The Commercial segment is generating the highest revenue in the Global Dry Wine Yeast Market by End User in 2022; thereby, achieving a market value of $2.2 billion by 2030. The commercial segment primarily comprises established wineries, large-scale wine production facilities, and wine cooperatives. These entities produce wine commercially, often distributing their products regionally, nationally, or internationally. This consistent demand contributes significantly to the revenue generated in the dry wine yeast market. Therefore, there will be high demand in the commercial segment in the coming years.
The White Wine Yeast Segment would experience a CAGR of 5.3% during (2023 - 2030). The rising trend of consumers seeking lighter and more refreshing wine options has spurred the demand for white wine yeast strains. As wine consumers become increasingly discerning and adventurous, winemakers recognize the importance of yeast selection in producing distinct and appealing white wines that stand out in a crowded market.
The Europe region dominated the Global Dry Wine Yeast Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.4 billion by 2030. The North America region is anticipated to grow at a CAGR of 4.6% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 6.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/dry-wine-yeast-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Lesaffre Group, White Labs Inc., Archer Daniels Midland Company, AEB S.p.A., AngelYeast Co., Ltd., Chr. Hansen Holding A/S, Esseco Srl (Enartis), Lallemand, Inc., LAFFORT, Associated British Foods PLC (Wittington Investments Limited)
By Sales Channel (Volume, Tonnes, USD Million, 2019-2030)
By End User (Volume, Tonnes, USD Million, 2019-2030)
By Type (Volume, Tonnes, USD Million, 2019-2030)
By Geography (Volume, Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
