Rising demand for natural and nutritional supplements and expanding applications in pharmaceuticals are factors driving the Global Brewer’s Yeast Market in the forecast period 2024-2028.
As per the TechSci Research report titled “Brewer’s Yeast Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028,” the Global Brewer’s Yeast Market achieved a value of USD 5.45 billion in 2022 and is poised to exhibit a Compound Annual Growth Rate (CAGR) of 5.45% during the forecast period from 2024 to 2028. The intricate interplay of drivers, trends, and challenges shapes the dynamics and growth trajectory of the Global Brewer’s Yeast Market, which finds applications in diverse industries such as food and beverages, pharmaceuticals, and animal nutrition, solidifying its global significance.
Scientifically known as Saccharomyces cerevisiae, brewer’s yeast is a single-celled fungus integral to the beer production fermentation process, converting sugars into alcohol and carbon dioxide. This yeast is pivotal for both alcohol fermentation and the carbonation process, imparting the characteristic effervescence to beer.
Several key factors propel the Global Brewer’s Yeast Market, including the rising demand for natural and nutritional supplements. Brewer’s yeast, rich in protein, B vitamins, and minerals, appeals to health-conscious consumers seeking alternatives to synthetic supplements. Additionally, its incorporation into functional foods and beverages aligns with the trend of enhancing gut health, modulating immunity, and providing unique flavors.
The pharmaceutical sector explores brewer’s yeast’s beta-glucans for immune modulation, diabetes management, and wound healing, contributing to its versatility and increased demand. The livestock and animal feed industries also contribute to market growth, with brewer’s yeast enhancing the health and growth of animals, addressing the demand for sustainable and high-quality meat production.
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The Global Brewer’s Yeast Market experiences various trends, including the customization of brewer’s yeast-based products for personalized nutrition, catering to individual dietary needs. Innovative applications in food technology have led to its inclusion in plant-based and lab-grown meat alternatives, contributing to more appealing and sustainable food choices.
Craft and artisanal beverages leverage brewer’s yeast for unique flavors in non-alcoholic drinks like kombucha and functional beverages. Sustainability is a focal point, with the repurposing of brewer’s yeast byproducts for animal feed and biogas production, aligning with circular economy principles.
The market segmentation includes product types (Dry, Fresh, Instant Dry, Liquid), forms (Powder, Tablet), applications (Food, Feed), distribution channels (Online, Offline), and regional distribution (North America, Europe, Asia Pacific, Middle East & Africa, South America).
Major companies operating in Global Brewer’s Yeast Market are:
- Associated British Food plc
- Lesaffre Group
- Alltech
- Leiber GmbH
- Angel Yeast Co., Ltd.
- Lallemand, Inc.
- F.L. Emmert
- Nutreco N.V.
- Biomin
- Shandong Bio Sunkeen Co., Ltd.
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Mr. Karan Chechi, Research Director at TechSci Research, notes that the innovative applications in food technology, along with the growing demand for artisanal beverages and functional foods, are significant trends impacting market growth. The market’s impressive growth is attributed to the wide range of products meeting specific needs and the increasing popularity of online sales channels.
The report titled “Brewer’s Yeast Market By Product (Dry, Fresh, Instant Dry, Liquid), By Form (Powder, Tablet), By Application (Food, Feed), By Distribution Channel (Online, Offline), By Region, By Competition Forecast & Opportunities, 2018-2028F” anticipates positive growth in the Global Brewer’s Yeast Market, providing statistics, market size, structure, and insights to aid decision-makers in making informed investment decisions. The report also identifies emerging trends, drivers, challenges, and opportunities in the market.
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