Global Brewers Yeast Market By Overview
Brewer’s yeast also known as Saccharomyces cerevisiae is commonly used in making wine, beer and bread production. Brewer’s yeast which is obtained as a leftover product after brewing operation, is used as feedstuff for poultry, ruminants, fish, and pigs as a flavoring agent in the food sector. Brewer’s yeast is highly rich in nutrients such as proteins, Vitamin-B complexes, phosphorus, chromium and other traces of minerals, thus brewer’s yeast is used as a nutrient supplement. Due to certain health benefits, brewer’s yeast is used to enhance energy level and strengthening immune system. Brewer’s yeast is a probiotic product and used in treatment of digestion related problems and respiratory disorders.
The major factor driving growth of the brewer’s yeast market is rising awareness among breeders and farmers regarding nutrition and health of livestock. Increasing awareness regarding the importance of appropriate protein intake is expected to fuel growth of the target market over the forecast period. Rising preference for healthy food products among consumers is another factor expected to aid in growth of the target market over the forecast period. In addition, increasing consumption of meat, ready-to-eat meat products, frozen meats, and dairy products globally is another factor propelling growth of the brewer’s yeast market.
Increasing focus of major manufacturers on advancing their respective production technologies for both cost and capacity benefits is expected to create revenue opportunities for players in the target market over the forecast period. However, there are certain health related side-effects caused due to consumption of brewer’s yeast such as mild headache, stomach discomfort, bloating, flatulence, and chest pain or difficulty breathing. This is a major restraint in the growth of the brewer’s yeast market. Increasing consumer’s preference towards bio-based and natural food and feed activities are the trends witnessed by the target market over the forecast period. This in turn will contribute to the overall revenue growth of the target market.
Brewer’s yeast market is segmented on the basis of product type, application, vertical and region. Based on product type the brewer’s yeast market can be divided into dry yeast and liquid yeast. On the basis of application, the target market is bifurcated into sub-segments as feed supplements and food supplements. By vertical segment the brewer’s yeast market is categorized into industrial, pharmaceutical, brewing industries, and nutraceutical manufacturers.
On the basis of region, the target market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for largest market share and is expected to have a substantial growth over the forecast period. This is due to the high animal feed production in the country. Asia Pacific is projected to witness the fastest growth over the forecast period, owing to the flourishing animal feed sector. This is also attributed to rising requirement for yeast-infused diets to facilitate the poultry, pork, and sea food industry.
Global Brewers Yeast Market By Competitive Landscape & Key Players
Key players operating in the Brewer’s Yeast market includes profiles of some of the major companies such as Rymco Pty Ltd, Cargill, Incorporated, Koninklijke DSM N.V., Anchor Yeast(pvt) Ltd, Gulf Brewer’s yeast LLC, Omega Laboratories, Inc., Lesaffre et Compagnie, SA, Oriental Yeast Co., Ltd., Saf Yeast Company Private Limited, and Archer Daniels Midland Company Associated British Food Plc.
FAQs
Brewer’s Yeast Market is segmented into Type, Application, and Region.
Brewer’s Yeast Market is driven by factors such as the increasing demand for nutritional supplements, growing awareness of the health benefits of brewer’s yeast, its use in the food and beverage industry, and the rising popularity of plant-based and natural ingredients.
Potential variations in the quality and composition of brewer’s yeast, competition with alternative nutritional supplements, concerns about allergenic reactions, and the need for awareness regarding its applications, acting as potential restraints for the Brewer’s Yeast Market globally.
North America, Europe, Asia-Pacific, and Latin America. North America is expected to dominate the Brewer’s Yeast Market, driven by the health and wellness trend and the popularity of dietary supplements. Europe is also a significant market with a high consumer base for nutritional products. Asia-Pacific may witness substantial growth as awareness of health benefits increases in the region.
Key players operating in the Brewer’s Yeast market includes profiles of some of the major companies such as Rymco Pty Ltd, Cargill, Incorporated, Koninklijke DSM N.V., Anchor Yeast(pvt) Ltd, Gulf Brewer’s yeast LLC, Omega Laboratories, Inc., Lesaffre et Compagnie, SA, Oriental Yeast Co., Ltd., Saf Yeast Company Private Limited, and Archer Daniels Midland Company Associated British Food Plc.