2028 Brewer’s Yeast Market Growth Forecast 2028: Recent Trends, Developments, And Opportunities
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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