Angel Yeast first-half revenue rises 16.3% to RMB 9.19 billion

2026-08-20 21:08:34
By Zhou Chunyi.

Angel Yeast Co., Ltd. reported revenue of RMB 9.19 billion (US$1.36 billion) in the first half of 2026, up 16.3% from the same period last year.

Headquartered in Yichang, Angel Yeast is the world’s second-largest yeast producer. It holds 55% of China’s domestic market and more than 20% of the global market. Its products are sold in more than 170 countries and regions, and it operates plants in 11 Chinese cities as well as Egypt, Russia, and Indonesia.

The company’s yeast protein products saw strong growth in sports nutrition and other segments. Angel Yeast also released China’s first white paper on yeast protein.
 
The world's first white paper on yeast protein was officially released on April 11, 2026.
 
Fermentation output reached 254,000 tons in the first half, up 11.6% year on year. Several production lines were upgraded, and the company reported no quality violations in market inspections.

In research and development, Angel Yeast further developed its yeast protein product systems and established full-process capabilities from strain development to industrial production. Multiple international Codex standards for baker’s yeast were approved, while its genetically modified yeast for alcohol production received GRAS status from the U.S. Food and Drug Administration.
 
High-protein ice cream featuring Angel Yeast's AngeoPro™ yeast protein.

Li Tao also contributed to this story.
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