바이오에탄올 효모 시장 : 현황 분석 및 예측(2024-2032년)

The increasing demand for biofuels, especially ethanol as an alternative renewable fuel source, is driving the global bioethanol yeast market and fueling the demand for ethanol as a substitute energy source. Bioethanol yeast is important in bioethanol production through the fermentation process where bioethanol is used mostly in the automotive, industrial, and energy sectors. Government regulations and mandates that drive up the demand for blending higher levels of ethanol in gasoline, a growing perception of environmental sustainability, and a desire to cut down greenhouse gas emissions are the drivers of the market. In addition, improvements in biotechnology have produced highly efficient yeasts that produce a negligible amount of ethanol from the low-priced available biomass.

The Bioethanol Yeast Market is expected to grow at a robust CAGR of 12.8% during the forecast period, owing to the rising demand for renewable bioethanol fuel, driven by government mandates and the global push to reduce greenhouse gas emissions. Recent developments in the bioethanol yeast market reflect their rapid growth and investment in innovation. For instance, in February 2024, Lesaffre, a 170-year-old global key player in fermentation and micro-organisms, inaugurated a new plant in Indonesia dedicated to the production of compressed and dry yeast. With this new plant, built on 9.8 ha of land in Malang Regency, East Java, Lesaffre is strengthening its geographical footprint close to its customers. It will supply baking yeast in Indonesia and ASEAN countries. Moreover, in June 2021, IFF's Health & Biosciences division, a world leader in sustainable biotechnology solutions, announced that they have entered into an agreement to offer advanced yeasts for first-generation ethanol production developed by DSM Bio-based Products & Services. Under the terms of this agreement, DSM's eBoost(R) product line will immediately become part of IFF's XCELIS(R) Ethanol Solutions platform and will be offered and supported by IFF's experienced global commercial team. These innovations and mergers reflect the market's dynamic nature, where companies are focusing on strengthening their product portfolios and expanding their geographical reach to cater to the rising demand for bioethanol production.

In the future, Asia Pacific (APAC), especially India and China has been projected to show maximum growth in the bioethanol yeast market. Both countries are increasing bioethanol production in light of government policies that seek to improve energy security and lower emission levels. The main force behind the application of green technologies in China is the GW14 five-year plan that contains a commitment to the growth of renewable energy installation. Furthermore, India's biofuel policy for blending 20% ethanol by 2025 also enhances the Bioethanol yeast market. Having such progressive governmental policies in mind, APAC is seen to be at the forefront of growth for the bioethanol yeast market over the decade to come.

Based on Type, the market is categorized into Baker's, and Brewer's. Among these, Baker's Yeast is growing with a significant CAGR. The widespread use of Baker's Yeast for industrial ethanol production is the primary driving force behind the Bioethanol Yeast Market on account of its cost-effectiveness and adaptability to a number of feedstocks including corn, molasses, or sugarcane as well as robust fermentation capabilities. For its high ethanol yield and tolerance to environmental stress, as well as its rapid fermentation rates, the most preferred is Baker's Yeast, consisting principally of Saccharomyces cerevisiae. As the global need for renewable fuels and the government mandates on ethanol blending in gasoline rise, grain ethanol remains the key source of bioethanol production in North America, Brazil, and Asia-Pacific where the base for agricultural output is already set. The scale of production is where this segment stands out, and its scalability and efficiency in large-scale production make it the leading segment in the market.

Based on Application, the Bioethanol Yeast market is divided into Bioethanol Production, Animal Feed Production, Food and Beverage Industry, Industrial Fermentation, and Others. The Bioethanol Production segment registered a significant CAGR during the forecast period. The main reason behind Bioethanol Production is the inclination towards renewable energy sources, both globally and locally, to curb the effect of changing climate and reduce dependence on fossil fuels. Bioethanol application is encouraged by governments around the world through mandates for ethanol blending in gasoline, like the USA Renewable Fuel Standard and analogous policies in Brazil, India, and the EU, resulting in a continuous demand for bioethanol. But rising awareness of greenhouse gas emissions and the demands for a sustainable solution to energy needs is pouring fuel on this fire. Production efficiency and growth are also being driven by advancing feedstock utilization such as second-generation biomass and lignocellulosic materials. Because of its scalability and flexibility as an alternate fuel, bioethanol fuel constitutes a necessary ingredient in achieving energy security and sustainability goals.

For a better understanding of the market adoption of the Bioethanol Yeast industry, the market is analyzed based on its worldwide presence in countries such as North America (U.S.A., Canada, and Rest of North America), Europe (Germany, United Kingdom, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Rest of World. During the forecast period, APAC would grow at the fastest CAGR. Growing adoption of bioethanol as a renewable fuel due to increasing government policy mandates of ethanol blending in transportation fuels such as India Ethanol Blending Program (EBP) and China's implementation of E10 fuel (10% ethanol blended gasoline) are the major drivers of APAC bioethanol yeast market growth. A growing need to curb rapid industrialization, meet increased energy demand as well as minimize environmental issues has pushed APAC countries to support renewable energy solutions. Significant investments in bioethanol production facilities and feedstock abundance of sugarcane and corn further stimulate market growth. Furthermore, efficient regulation and subsidies for the reduction of greenhouse gas emissions and attaining energy self-sufficiency are further supporting the bioethanol adaptation across APAC making APAC a prime region for bioethanol yeast.

Some of the major players operating in the market include Chr. Hansen Holding A/S, Lesaffre, AB Mauri, Angel Yeast Co., Ltd., Lallemand Inc., DSM Nutritional Products, International Flavors & Fragrances Inc., Novozymes A/S, Terranol AS, and Kemin Industries, Inc.

TABLE OF CONTENTS

1.MARKET INTRODUCTION

• 1.1. Market Definitions
• 1.2. Main Objective
• 1.3. Stakeholders
• 1.4. Limitation

2.RESEARCH METHODOLOGY OR ASSUMPTION

• 2.1. Research Process of the Bioethanol Yeast Market
• 2.2. Research Methodology of the Bioethanol Yeast Market
• 2.3. Respondent Profile

3.EXECUTIVE SUMMARY

• 3.1. Industry Synopsis
• 3.2. Segmental Outlook
  • 3.2.1. Market Growth Intensity
• 3.3. Regional Outlook

4.MARKET DYNAMICS

• 4.1. Drivers
• 4.2. Opportunity
• 4.3. Restraints
• 4.4. Trends
• 4.5. PESTEL Analysis
• 4.6. Demand Side Analysis
• 4.7. Supply Side Analysis
  • 4.7.1. Merger & Acquisition
  • 4.7.2. Investment Scenario
  • 4.7.3. Industry Insights: Leading Startups and Their Unique Strategies

5.Pricing Analysis

• 5.1. Regional Pricing Analysis
• 5.2. Price Influencing Factors

6.GLOBAL BIOETHANOL YEAST MARKET REVENUE (USD MN), 2022-2032F

7.MARKET INSIGHTS BY TYPE

• 7.1. Baker's
• 7.2. Brewer's

8.MARKET INSIGHTS BY APPLICATION

• 8.1. Bioethanol Production
• 8.2. Animal Feed Production
• 8.3. Food and Beverage Industry
• 8.4. Industrial Fermentation
• 8.5. Others

9.MARKET INSIGHTS BY REGION

• 9.1. North America
  • 9.1.1. USA
  • 9.1.2. Canada
  • 9.1.3. Rest of NA
• 9.2. Europe
  • 9.2.1. Germany
  • 9.2.2. United Kingdom
  • 9.2.3. Spain
  • 9.2.4. France
  • 9.2.5. Italy
  • 9.2.6. Rest of Europe
• 9.3. Asia Pacific
  • 9.3.1. China
  • 9.3.2. India
  • 9.3.3. Japan
  • 9.3.4. South Korea
  • 9.3.5. Rest of APAC
• 9.4. Rest of World

10.VALUE CHAIN ANALYSIS

• 10.1. Marginal Analysis
• 10.2. List of Market Participants

11.COMPETITIVE LANDSCAPE

• 11.1. Competition Dashboard
• 11.2. Competitor Market Positioning Analysis
• 11.3. Porter Five Forces Analysis

12.COMPANY PROFILED

• 12.1. Chr. Hansen Holding A/S
  • 12.1.1. Company Overview
  • 12.1.2. Key Financials
  • 12.1.3. SWOT Analysis
  • 12.1.4. Product Portfolio
  • 12.1.5. Recent Developments
• 12.2. Lesaffre
• 12.3. AB Mauri
• 12.4. Angel Yeast Co., Ltd.
• 12.5. Lallemand Inc.
• 12.6. DSM Nutritional Products
• 12.7. International Flavors & Fragrances Inc.
• 12.8. Novozymes A/S
• 12.9. Terranol AS.
• 12.10. Kemin Industries, Inc.

13.ACRONYMS & ASSUMPTION

14.ANNEXURE