Product Code: GVR-2-68038-632-5
Brewer's Yeast Market Growth & Trends:
The global brewer's yeast market is expected to reach USD 12.08 billion by 2030, and is anticipated to expand at a CAGR of 9.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Brewer's yeast, which was originally used in beer brewing, has spread beyond the brewery. A key factor propelling this market is the escalating demand for natural and functional components in the food and beverage sector. Loaded with vital nutrients such as B vitamins, protein, and minerals, brewer's yeast is an advantageous ingredient in numerous food items, encompassing bread, dietary supplements, and savory snacks. With a growing consumer focus on health and the pursuit of nutritionally enhanced products, the appeal of brewer's yeast as a natural nutrient source has significantly increased.
Furthermore, the growing health and wellness movement has been a key driver in the brewer's yeast market. This yeast is frequently praised for its possible health advantages, such as bolstering the immune system, aiding digestive health, and potentially lowering cholesterol levels. As awareness of these health benefits increases, and consumers actively look for products that enhance general well-being, there has been a rising demand for supplements and functional foods that incorporate brewer's yeast.
In addition, the growing popularity of plant-based and vegetarian diets has created fresh avenues for the use of brewer's yeast. It acts as a practical protein source and a flavor enhancer in plant-based foods and drinks, assisting producers in meeting the needs of an increasing number of people who are either looking for alternatives to meat or aiming to cut down on their consumption of animal products. Brewer's yeast also imparts a savory and umami taste to these products, establishing itself as a multifaceted component in vegetarian cooking.
The swift growth of the craft beer industry has significantly escalated the demand for brewer's yeast. Craft brewers often experiment with various yeast strains to create a diverse array of beer styles and flavors, leading to an increased usage of brewer's yeast. The use of genetically modified brewer's yeast is becoming more common to enhance the flavor attributes of craft beer. This yeast is engineered to maximize its effectiveness in craft beer production, aiming to improve the flavor nuances of the beer while reducing its bitterness. As a result, the rising popularity of craft beers is expected to drive a greater demand for specialized yeast strains.
Brewer's Yeast Market Report Highlights:
- The dry brewer's yeast segment held a market share of 70.9% in 2023 in the global market. Dry brewer's yeast provides more uniform outcomes in fermentation and flavor development, and it's less susceptible to contamination from temperature fluctuations. Additionally, the reduced costs associated with producing and transporting dry yeast enhance its affordability, making it a preferable choice for cost-conscious brewers.
- The feed supplements segment is projected to grow at a CAGR of 9.3% from 2024 to 2030. Brewer's yeast, known for its high content of protein, B vitamins, and minerals, presents an appealing choice for animal feed supplements. Incorporating brewer's yeast into the diets of animals can aid in enhancing their general health, growth pace, and productivity.
- Europe dominated the market with a share of 32.9% in 2023. In Europe, with more than 70 million households owning pets, there's a rising awareness among consumers about the necessity of a balanced diet for their pets. This is anticipated to influence the demand for brewer's yeast positively. Additionally, recent trends show that European consumers are becoming increasingly health-conscious, gravitating towards food choices that are both healthier and more sustainable.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Products & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Regional Outlook
Chapter 3. Brewer's Yeast Market Variables, Trends & 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. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
- 3.5. Industry Analysis Tools
- 3.6. Major Deals & Strategic Alliances
- 3.7. Market Entry Strategies
Chapter 4. Brewer's Yeast Market: Product Range Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. Dry
- 4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 4.3. Liquid
- 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
Chapter 5. Brewer's Yeast Market: Application Estimates & Trend Analysis
- 5.1. Application Movement Analysis & Market Share, 2023 & 2030
- 5.2. Food Supplements
- 5.2.1. Brewer's yeast market estimates and forecast for food supplements, 2018 - 2030 (USD Million; Kilo Tons)
- 5.3. Feed Supplements
- 5.3.1. Brewer's yeast market estimates and forecast feed supplements, 2018 - 2030 (USD Million; Kilo Tons)
Chapter 6. Brewer's Yeast Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.2.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3. Europe
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.4. U.K.
- 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.5. Germany
- 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.6. France
- 6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.7. Spain
- 6.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.8. Italy
- 6.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.8.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.3.8.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.5. Japan
- 6.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.6. India
- 6.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.7. Australia
- 6.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.7.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.7.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.8. South Korea
- 6.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.8.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.4.8.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5. Central & South America
- 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.5. Argentina
- 6.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.5.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.4.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.4.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.5. UAE
- 6.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.5.2. Market estimates and forecast, by product, 2018 - 2030 (USD Million; Kilo Tons)
- 6.6.5.3. Market estimates and forecast, by application, 2018 - 2030 (USD Million; Kilo Tons)
Chapter 7. Competitive Analysis
- 7.1. Recent developments & impact analysis, by key market participants
- 7.2. Company Categorization
- 7.3. Participant's Overview
- 7.4. Financial Performance
- 7.5. Product Benchmarking
- 7.6. Company Market Share Analysis, 2023 (%)
- 7.7. Company Heat Map Analysis
- 7.8. Strategy Mapping
- 7.9. List of key companies analyzed in this section include:
- 7.9.1. Associated British Food plc
- 7.9.2. Leiber
- 7.9.3. Lallemand, Inc
- 7.9.4. Archer Daniels Midland Company
- 7.9.5. Chr. Hansen Holding A/S
- 7.9.6. Shandong Bio Sunkeen Co., Ltd.
- 7.9.7. Lesaffre Group
- 7.9.8. White Labs
- 7.9.9. Angel Yeast Co., Ltd.
- 7.9.10. HEBEI TOMATO INDUSTRY CO LTD.