U.S.: Inactive Yeast Market 2024

Inactive Yeast Market Size in the U.S.

The U.S. inactive yeast market stood at $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Inactive Yeast Production in the U.S.

In value terms, inactive yeast production expanded modestly to $X in 2023. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Inactive Yeast Exports

Exports from the U.S.

In 2023, after two years of growth, there was significant decline in overseas shipments of inactive yeasts and other dead single-cell micro-organisms, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, inactive yeast exports shrank to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then contracted in the following year.

Exports by Country

Canada (X tons) was the main destination for inactive yeast exports from the United States, with a X% share of total exports. Moreover, inactive yeast exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), twofold. Chile (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Chile (X% per year).

In value terms, Canada ($X) remains the key foreign market for inactive yeasts and other dead single-cell micro-organisms exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with an X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Japan (X% per year).

Export Prices by Country

The average inactive yeast export price stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Inactive Yeast Imports

Imports into the U.S.

In 2023, after three years of growth, there was significant decline in purchases abroad of inactive yeasts and other dead single-cell micro-organisms, when their volume decreased by X% to X tons. In general, total imports indicated noticeable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2022, and then shrank in the following year.

In value terms, inactive yeast imports contracted modestly to $X in 2023. Overall, total imports indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then dropped slightly in the following year.

Imports by Country

In 2023, Brazil (X tons) constituted the largest supplier of inactive yeast to the United States, with a X% share of total imports. Moreover, inactive yeast imports from Brazil exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Brazil stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and China (X% per year).

In value terms, Brazil ($X), China ($X) and France ($X) constituted the largest inactive yeast suppliers to the United States, with a combined X% share of total imports. Belgium, Estonia, Turkey, Mexico, Italy, Canada, Egypt, Poland, Germany and Vietnam lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average inactive yeast import price stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform