Dublin, December 1, 2023 (GLOBE NEWSWIRE) — The “Beer’s Yeast Market Size, Share and Trends Analysis Report by Product (Dry, Liquid), by Application (Dietary Supplements, Dietary Supplements), by Region and Segment Forecast, 2023-2030 » the report has been added to ResearchAndMarkets.com offer.
The global brewer’s yeast market size is expected to reach USD 12.08 billion by 2030 and is expected to grow at a CAGR of 9.6% from 2023 to 2030.
Brewer’s yeast is a type of yeast primarily known for its use in brewing beer, but its applications have expanded beyond the brewing industry. One of the key drivers of this market is the growing demand for natural and functional ingredients in the food industry.
Brewer’s yeast is rich in essential nutrients like B vitamins, proteins and minerals, making it a valuable addition to various food products including bread, nutritional supplements and savory snacks. As consumers become more health conscious and seek out products with added nutritional value, the demand for brewer’s yeast as a natural source of nutrients has increased.
The rise of the health and wellness trend has played a pivotal role in the development of the brewer’s yeast market. Yeast is often touted for its potential health benefits, including immune system support, digestive health, and even potential cholesterol reduction. As consumers become more aware of these health claims and seek products that promote overall well-being, the demand for brewer’s yeast supplements and functional foods has increased.
Additionally, the expanding market for plant-based and vegetarian products has opened new opportunities for brewer’s yeast. It provides a viable source of protein and flavor enhancement in plant-based foods and beverages, helping manufacturers meet the growing population of individuals seeking alternatives to meat or seeking to reduce their consumption of meat. products of animal origin. Brewer’s yeast also adds a savory, umami flavor profile to these products, making it a versatile ingredient in plant-based cuisines.
The rapid expansion of the craft beer industry has led to a substantial increase in the need for brewer’s yeast. Craft brewers frequently engage in inventive experiments with yeast strains to create a wide range of beer styles and flavors. This, in turn, fueled increased consumption of brewer’s yeast. Genetically modified brewer’s yeast is used to increase the taste characteristics of craft beer.
Brewer’s yeast is genetically modified to optimize its usefulness in the production of craft beer, with the aim of improving the flavor profile of the final product while reducing its bitterness. Therefore, the growing popularity of craft beers is expected to generate increased demand for specific yeast varieties.
Highlights of the Brewer Yeast Market Report
- On the basis of product, the dry brewer yeast segment held the largest revenue share of 71.2% in 2022 in the global market. Dry brewer’s yeast provides more consistent results in fermentation and flavor profiles and has a lower risk of contamination from temperature changes. Dry yeast’s lower production and shipping costs contribute to its profitability, making it an attractive option for brewers on a budget.
- Based on applications, the dietary supplements segment is expected to grow at a CAGR of 9.2% from 2023 to 2030. Brewer’s yeast, with its rich nutritional profile, including proteins, B vitamins, and minerals, can be an interesting option as a food supplement. for animals. Brewer’s yeast in animal feed can help improve their overall health, growth rate and productivity
- In terms of region, Europe dominated the market with a revenue share of 33.06% in 2022. Europe has over 70 million pet-owning households. Increased consumer awareness about the importance of a balanced diet for pets is expected to have a positive impact on the demand for brewer’s yeast. In recent years, there has been a growing trend among European consumers to be more health conscious and seek healthier and more sustainable food options.
Company Profiles
- Associate British Food plc
- Leiber
- Lallemand, Inc.
- Company Archer Daniels Midland
- Chr. Hansen Holding A/S
- Shandong Bio Sunkeen Co., Ltd.
- Lesaffre Group
- White Labs
- Yeast Angel Co., Ltd.
- HEBEI TOMATO INDUSTRIE CO LTD.
Key Attributes:
Report attribute | Details |
Number of pages | 124 |
Forecast period | 2022 – 2030 |
Estimated market value (USD) in 2022 | $5.81 billion |
Projected market value (USD) by 2030 | $12.08 billion |
Compound annual growth rate | 9.6% |
Regions covered | Global |
Key topics covered:
Chapter 1. Methodology and scope
Chapter 2. Summary
2.1. Market Outlook
2.2. Product Outlook
2.3. Distribution Channel Outlook
2.4. Regional outlook
Chapter 3. Brewer Yeast Market Variables, Trends and Scope
3.1. Market lineage outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales/Retail Channel Analysis
3.2.2. Profit margin analysis
3.3. Regulatory framework
3.4. Market dynamics
3.4.1. Market Driver Analysis
3.4.2. Analysis of market constraints
3.4.3. Market Opportunities
3.4.4. Market Challenges
3.5. Industry Analysis Tools
3.6. Major transactions and strategic alliances
3.7. Market entry strategies
Chapter 4. Brewer’s Yeast Market: Product Range Estimates and Trend Analysis
4.1. Product Movement Analysis and Market Share, 2022 and 2030
4.2. Dry
4.3. Liquid
Chapter 5. Brewer’s Yeast Market: Application Estimates and Trend Analysis
5.1. Distribution Channel Movement Analysis and Market Share, 2022 and 2030
5.2. Food supplements
5.3. Food supplements
Chapter 6. Brewer’s Yeast Market: Regional Estimates and Trend Analysis
6.1. Analysis of regional movements and market share, 2022 and 2030
Chapter 7. Competitive Analysis
7.1. Recent developments and impact analysis, by key market players
7.2. Business categorization
7.3. Participant Overview
7.4. Financial performance
7.5. Comparative product analysis
7.6. Company Market Share Analysis, 2022 (%)
7.7. Business Heatmap Analysis
7.8. Strategic mapping
For more information on this report, visit https://www.researchandmarkets.com/r/wdf1xc
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