Global Brewers Yeast Market Size By Product Type, By Form, By Application, By Geographic Scope And Forecast

Brewers Yeast Market Size And Forecast

Brewers Yeast Market size was valued at USD 5.79 Billion in 2023 and is projected to reach USD 12.10 Billion in 2030, growing at a CAGR of 9.7% during the forecasted period 2024 to 2030.

The Brewers Yeast Market refers to the global industry encompassing the production, distribution, and consumption of brewers yeast, a vital ingredient in the brewing process. Brewers yeast is a single-celled fungus traditionally used in the fermentation of beer, imparting flavor and aiding in the conversion of sugars into alcohol. However, its applications extend beyond brewing, including its utilization in the production of dietary supplements, animal feed, and various industrial processes. This market segment is characterized by diverse product offerings, ranging from dry to liquid forms, catering to the varied requirements of end-users across different sectors.

Global Brewers Yeast Market Drivers

The market drivers for the Brewers Yeast Market can be influenced by various factors. These may include

• Growing Interest in Functional Foods and Drinks Brewers yeast is a great source of minerals, protein, and B vitamins. The demand for functional foods and beverages has increased due to growing consumer knowledge of the health advantages associated with these nutrients, which has also increased the market for brewers yeast.
• Growing Health Consciousness People are becoming increasingly interested in natural and nutrient-dense ingredients in food and drink as they become more health-conscious. Since brewers yeast is a naturally occurring source of nutrients, its application in a variety of food and beverage products aligns nicely with this trend.
• Growing Craft Beer Industry Across the globe, the craft beer market has been rapidly expanding. Brewers yeast is an essential component of beer making, and the growing craft beer industry raises the need for yeast in general.
• Growing Number of Vegans and Vegetarians Brewers yeast is a great nutritional supplement for people on vegan or vegetarian diets since it contains important nutrients like B12, which are frequently present in animal products. The demand for brewers yeast is influenced by the increasing number of people switching to plant-based diets.
• Growing Concern for Gut Health The potential advantages of brewers yeast for gut health are well-known. The market for brewers yeast is positively impacted by the rising demand for items that promote digestive wellness as the significance of gut health is recognized.
• Growing Nutritional Supplements Market Because of its high nutritional content, brewers yeast is a staple in the manufacturing of nutritional supplements. The market for brewers yeast has expanded as a result of the rising demand for nutritional supplements around the world.
• Technological Developments in Production Brewers yeast production has become more efficient, sustainable, and cost-effective because to developments in fermentation technologies and yeast strain development. The market has benefited from this since it has guaranteed a steady supply of yeast that is of good quality.
• Expanding Usage in Animal Feed Pet food and cattle feed are two applications of brewers yeast in animal nutrition. The market as a whole is expanding due in part to the rising demand for premium animal feed to improve animal productivity and health.

Global Brewers Yeast Market Restraints

Several factors can act as restraints or challenges for the Brewers Yeast Market. These may include

• Availability and Price Volatility of Raw Materials Malt and other brewing byproducts are used as raw materials in the manufacturing of brewers yeast. Variations in the pricing and availability of these raw materials can have an effect on brewers yeast production costs, which could have an impact on market expansion.
• Competition from Alternative Yeast Sources Baker’s yeast and nutritional yeast are two types of yeast sources that compete with brewers yeast. The market share of brewers yeast may be restricted by the availability of substitute products with nutritional profiles that are comparable.
• Sensitivity to Environmental Conditions Variations in temperature, humidity, or other variables can have an impact on the fermentation processes of yeast, as yeast production is susceptible to these changes. Variations in the quantity and quality of the product may result from this sensitivity.
• Strict Rules and Quality Requirements There are rules and quality requirements that apply to the brewing sector. For these criteria to be accepted by the market, compliance is essential. Brewers and yeast makers may face difficulties in complying with strict standards pertaining to food safety and quality control.
• Limited Shelf Life The efficacy of brewers yeast can wane with time and it has a limited shelf life. Both manufacturers and end users may face difficulties managing their inventories as a result, which could result in product waste.
• Allergen Concerns Brewers yeast contains ingredients that some people may be allergic to. Brewers yeast products may have a smaller customer base due to allergen concerns, which may hinder their ability to penetrate specific markets.
• The COVID-19 pandemic has caused significant disruptions to supply chains and production processes in a range of industries. These interruptions may have had an impact on the brewers yeast market, posing difficulties for production, distribution, and market expansion.
• Perception and Taste Preferences Although brewers yeast is a beneficial nutritional supplement, not all customers will enjoy its unusual taste and odour. This may restrict its application in specific food and drink items and influence customer acceptability.

Global Brewers Yeast Market Segmentation Analysis

The Brewers Yeast Market can be segmented based on Product Type, Form, Application And Geography.

Brewers Yeast Market, By Product Type

• Powdered Brewers Yeast This is the most common form, and it is often used in various food and beverage applications.
• Liquid Brewers Yeast Some applications may prefer liquid formulations for ease of incorporation into liquid products or for specific production processes.

Brewers Yeast Market, By Form

• Dry Brewers Yeast This form is widely used in the brewing industry and is also a common ingredient in dietary supplements and animal feed.
• Wet Brewers Yeast This form might be used in specific applications, but it is less common than the dry form.

Brewers Yeast Market By Application

• Food and Beverages In Brewing Industry, brewers yeast is a key ingredient in the brewing process and functional foods and Beverages used in the production of health-oriented food and drink products.
• Dietary Supplements Brewers yeast is popular in nutritional supplements due to its rich nutrient profile.
• Animal Feed Used as a nutritional supplement for pets and livestock.

Brewers Yeast Market, By Geography

• North America Market conditions and demand in the United States, Canada, and Mexico.
• EuropeAnalysis of the Brewers Yeast Market in European countries.
• Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
• Middle East and AfricaExamining market dynamics in the Middle East and African regions.
• Latin AmericaCovering market trends and developments in countries across Latin America.

Key Players

The major players in the Brewers Yeast Market can be categorized into

• Associated British Food plc (ABF)
• Lesaffre Group
• Angel Yeast Co. Ltd.
• Chr. Hansen Holding A/S
• Lallemand Inc.
• Omega Yeast Labs
• Leiber GmbH
• Alltech Inc.
• Shandong Bio Sunkeen Co. Ltd.
• Oriental Yeast Co. Ltd.
• HEBEI TOMATO INDUSTRY CO LTD

Report Scope

Analyst’s Take

In conclusion, the Brewers Yeast Market is experiencing steady growth driven by the expanding beverage industry, increasing consumer demand for craft and specialty beers, and rising awareness regarding the health benefits associated with brewers yeast consumption. Moreover, the growing adoption of brewers yeast in non-brewing applications, such as nutraceuticals and animal nutrition, further propels market expansion. With ongoing innovations in production techniques and product formulations, coupled with strategic collaborations and acquisitions by key market players, the Brewers Yeast Market is poised for sustained growth in the foreseeable future.

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.