Active yeasts market in Italy

Earlier Report Observations

Between 2018 and 2021, the Italian active yeast market experienced notable fluctuations. Starting at 93.3 thousand tons in 2018, the market volume declined to 79.1 thousand tons in 2019, partially recovered to 87.5 thousand tons in 2020, and then contracted again to 76.7 thousand tons in 2021.

The market further decreased to 70.9 thousand tons in 2022, a trend supported by shifting consumer preferences towards 'free-from' pastry products, which reduced demand for yeast in that segment. A reversal occurred in 2023, with volume rising to 77.3 thousand tons, aided by Angel Yeast's announced plans to expand its yeast-based solutions in the Italian market, introducing new offerings and increasing availability.

A sharp expansion followed in 2024, as the market volume jumped to 117.2 thousand tons. This growth was propelled by increased demand for yeast extracts as natural flavor enhancers, reflecting a broader consumer shift towards clean-label ingredients, alongside significant investments in controlled fermentation technologies that enhanced production capabilities.

Production active yeasts in Italy

In value, 2017-2020, M $ US

In Italy, the production value of active yeasts reached 160.2 million US dollars in 2020, marking a 26.8% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 23%, which translates to an annualized growth rate of 7.1%. The lowest value was recorded in 2019 at 126.4 million US dollars, with the largest decline of 13.9% occurring that same year.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Italy produced 126.8 thousand tonnes of active yeasts in 2020, representing a 16.0% increase from the previous year. From 2017 to 2020, production rose by 21.8%, corresponding to an annualized growth rate of 6.8%. The most significant decline was observed in 2019, with a drop of 8.8%.

Annual dynamics of production in Italy in kind, 2017-2020, K t

Exports active yeasts from Italy

Exports in kind, t

Italy's exports of active yeasts have grown for the third consecutive year. In 2020, the country exported 47 869 tonnes, showing a substantial increase of 28.5% compared to the previous year. Over the 2017-2020 period, exports expanded by 45.8%, with a compound annual growth rate (CAGR) of 13.4%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

From 2017 to 2020, France, Greece, and Switzerland were the key partners for Italy's active yeast exports in volume terms, accounting for 34.1%, 21.7%, and 13.1% of exports, respectively. Together, these three countries represented 68.8% of Italy's total export flows in this category.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, K $ US

In 2020, Italy's active yeast exports were valued at 75 735 thousand US dollars, reflecting a 27.6% year-over-year increase. Between 2017 and 2020, export value grew by 36.7%, with a compound annual growth rate (CAGR) of 11.0%. The largest decline occurred in 2019, with a decrease of 4.5%.

Annual dynamics of product's exports from Italy in value, 2017-2020, K $ US

During the 2017-2020 period, Italy's active yeast export market in value terms was diverse. France, Greece, and Switzerland accounted for 19.6%, 13.3%, and 13.0% of exports, respectively, totaling 46.0% of the overall value. Numerous other countries held smaller but notable shares, contributing to a broad portfolio of buyers.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports active yeasts to Italy

Imports in kind, t

Italy's imports of active yeasts totaled 8 654 tonnes in 2020, a 22.6% increase from 2019. Over the 2017-2020 period, imports grew by 15.1%, equivalent to an annualized rate of 4.8%. The lowest volume was recorded in 2019 at 7 057 tonnes, while the highest was in 2018 at 9 567 tonnes. The largest decline of 26.2% occurred in 2019, and the largest increase of 27.2% was in 2018.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

From 2017 to 2020, Italy's active yeast imports in volume terms came from a wide range of suppliers. The United Kingdom, France, and North Macedonia were the top sources, contributing 16.0%, 15.2%, and 12.3% of imports, respectively, for a combined total of 43.6%. Many other countries also provided smaller but significant shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, K $ US

Italy's active yeast imports have increased for the third year in a row. In 2020, imports amounted to 33 550 thousand US dollars, up 6.6% from the previous year. Over the 2017-2020 period, import value rose by 18.6%, with a compound annual growth rate (CAGR) of 5.8%.

Annual dynamics of product's imports to Italy in value, 2017-2020, K $ US

Throughout 2017-2020, France, Denmark, and Belgium were the primary partners for Italy's active yeast imports in value terms, accounting for 28.8%, 12.7%, and 10.5% of imports, respectively. Together, these three countries represented 52.0% of Italy's total import flows in this category.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020