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Brewer's Yeast Market

The primary driver fueling the growth of the Brewer’s Yeast market is the various end use applications it has. Explore more Growth Trends with FMI Team!

Brewer's Yeast Market by Product Type, by End Use & Region | Forecast 2023 to 2033

Brewer’s Yeast Market Outlook from (2023 to 2033)

The global Brewer’s Yeast market is expected to reach a market valuation of US$ 4,729 million by 2033, recording a CAGR of 6.1% from 2023 to 2033.

Brewer's yeast, a byproduct of brewing operations, is used as a flavoring component in the food industry and as a feed ingredient for pigs, poultry, fish, and ruminants. In order to augment the protein in animal feed, brewer's yeast, which is often harvested from big breweries, is employed. The inactivated version of this product is a very valuable source of protein, phosphorus, and vitamin B.

Brewer’s Yeast Market Size (2023E)

US$ 2,616 million

Brewer’s Yeast Market Projected Size (2033F)

US$ 4,729 million

Value CAGR (2023 to 2033)

6.1%

Top 3 Countries Marketing Share

63.6%

According to trends in raw materials, manufacturers, raw material suppliers, applications, and distribution channels make up the market value chain. There are various commercially accessible variations of the product, including fresh, dried, and instant. It is used in a variety of industries, including the production of beer, wine, dietary supplements, and animal feed.

In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Brewer’s Yeast.

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How Has the Market Progressed So Far in 2022?

Market Statistics

Details

Jan–Jun (H1), 2021 (A)

6.0%

Jul–Dec (H2), 2021 (A)

6.1%

Jan–Jun (H1),2022 Projected (P)

6.4%

Jan–Jun (H1),2022 Outlook (O)

6.3%

Jul–Dec (H2), 2022 Projected (P)

6.1%

Jul–Dec (H2), 2022 Outlook (O)

6.3%

Jan–Jun (H1), 2023 Projected (P)

6.7%

Historic v/s Future Outlook Comparison for Brewer’s Yeast?

Brewer's yeast-induced feed additives increase the profitability of ruminant animal species by promoting increased milk output, meat production, and notable reproductive capacity. The market for feed supplements is expected to expand, opening up new opportunities for product manufacturers. In the next years, it is predicted that increased consumer awareness of healthier eating habits and calorie reduction across all markets would increase use of wellness supplements. Additionally, this will increase demand for brewer's yeast. Growing public awareness of the importance of consuming the right amount of protein is likely to continue to be a driving force over the projected time range.

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Nandini Roy Choudhury
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Application in Animal Dietary Supplements

Proteins abound in Brewer's Yeast Supplements since they make up about 52% of its weight. It is also a fantastic source of the B-complex vitamins. It has recently gained popularity as a particularly nourishing supplement for animals. They support healthy skin and lustrous fur as well as the liver's proper functioning. The main reason dogs are administered these is to reduce their nervousness. They can be purchased as tablets, capsules, or powder. The market is thus anticipated to expand gradually in the next years as a result of its expanding application in treating both humans and animals.

Comparative View of Associated Market

Yeast Market:

Attributes

Yeast Market

CAGR (2023 to 2033)

9%

Market Value (2023)

US$ 4,254 million

Growth Factor

The pharmaceutical and food and beverage industries use yeast, one of the most adaptable microbes, to produce their products.

Key Trend

Due to its capacity to enhance fermentation and give food aroma, taste, texture, and flavor, yeast is employed in the food and beverage sector.

Nutritional Yeast Market:

Attributes

Nutritional Yeast Market

CAGR (2023 to 2033)

9%

Market Value (2023)

US$ 209 million

Growth Factor

A deactivated form of yeast, nutritional yeast has no leavening abilities. The market for nutritional yeast is expanding as a result of growing consumer demand for its calorie, low sodium, fat, gluten, and sugar content.

Key Trend

Since it provides a plant-based source of protein, nutritional yeast is a well-liked food item that is commonly used in vegan cooking.

Dietary Supplements Market:

Attributes

Dietary Supplements Market

CAGR (2023 to 2033)

9%

Market Value (2023)

US$ 68,207 million

Growth Factor

The main purpose of dietary supplements is to make up for human nutritional inadequacies.

Key Trend

It is projected that this trend will continue in the future, benefiting the global market participants for dietary supplements. The demand for vitamins, minerals, and herbs that promote immunity grew.

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Country-wise Insights

How are the Sales of Brewer’s Yeast Market Shaping in the United States?

Brewer's yeast has experienced a modest growth rate in the American market lately, and this tendency is anticipated to continue in the years to come. This surge is mostly caused by the rise in popularity of natural, plant-based dietary supplements, which are believed to have positive health advantages and few adverse effects. In addition to dietary supplements, brewer's yeast is also used in the food and beverage industry as a flavoring agent and as an ingredient in baked goods and animal feed. The widespread use of brewer's yeast across various industries has contributed to the growth of the market in the United States.

Why is there a Rising Demand for Brewer’s Yeast in China?

Many people in China are turning to natural and organic supplements to maintain their health as the country places an increasing emphasis on health and wellness. Brewer's yeast contains several vitamins and minerals, including selenium, chromium, and the B-complex vitamins, which are thought to help the immune system, enhance digestion, and encourage good skin and hair. China is the largest beer market in the world, and as beer consumption rises, so does the demand for brewer's yeast, a byproduct of making beer. Brewer's yeast is added to animal feed and used as a dietary supplement for people.

How Big is the United Kingdom Market for Brewer’s Yeast?

Brewer's yeast is a byproduct of the making of beer, and it is well-known that the United Kingdom has a robust brewing sector. Brewer's yeast is frequently added as a supplement to animal feed, and the United Kingdom is a significant producer of animal feed. In the United Kingdom, brewer's yeast is also consumed as a dietary supplement for people, and a variety of businesses offer brewer's yeast pills and associated goods. These supplements are frequently touted as a natural source of nutrients, such as B vitamins, that may help the immune system, enhance digestion, and maintain good skin and hair.

Category-wise Insights

Why is Liquid Brewer’s Yeast Being Used More Than Dry Brewer’s Yeast?

For easier digestion, liquid yeast comprises yeast that has been enzyme-digested. In order to get the liquid product form for feedstuffs for their cattle, several farmers in Thailand are approaching beer breweries. The cost of manufacturing has increased due to growing concerns about the rising prices of imported feed materials like soybean meal and maize grain. The demand for liquid yeast and other agro-industrial byproducts is anticipated to increase as a result. However, because they have more protein sources than their dry counterparts, liquid feedstuff concentrates are more expensive.

Where is Brewer’s Yeast Being Used the Most?

The industry with the quickest growth is thought to be food supplements. The market is expanding because more people are becoming aware of the high levels of chromium and vitamin B it contains, which help the body regulate its blood sugar. Additionally, it is a probiotic that promotes digestion, which will lead to a growth in the market. Additionally, it's gaining popularity as a supplement for minerals, particularly chromium and selenium. Brewer's yeast is also used to treat a number of illnesses, including as type 2 diabetes, irritable bowel syndrome, diarrhea, seasonal allergies, respiratory tract infections, the common cold, influenza, and seasonal allergies.

Competitive Landscape

  • Pestell Nutrition stated in August 2021 that it has joined Barentez, a distributor of chemicals and components for the life sciences. Animal nutrition and health products are distributed by Pestell Nutrition. Barentez's position in the feed and animal health industries will improve as a result of this acquisition.
  • The American Association of Laboratories granted Now Foods ISO accreditation for their internal microbiological and analytical testing facilities in June 2021. The examination of incoming ingredients and completed goods will be expedited by these labs. This was an essential step because having ISO accreditation was required for sellers of nutritional supplements in order to offer their items on Amazon.

Scope of the Report

Attribute

Details

Forecast Period

2023 to 2033

Historical Data Available for

2018 to 2022

Market Analysis

US$ million for Value and Metric Ton for Volume

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa

Key Countries Covered

United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others.

Key Segments Covered

Product Type, End Use, and Region

 

Key Companies Profiled

  • Lesaffre Group
  • Archer Daniels Midland Company
  • Nutreco N.V.
  • Alltech Inc.
  • Cargill Incorporated
  • Leiber GmbH
  • Associated British Food Plc.
  • AB Mauri India Pvt. Ltd.
  • Kothari Fermentation and Biochem Ltd.
  • Angel yeast company
  • Oriental Yeast Co., Ltd
  • Hansen Holding A/S
  • Koninklijke DSM N.V.
  • Bruchem Inc
  • Scandinavian Formulas
  • Omega Yeast Labs
  • Lallemand Inc.
  • Synergy Flavors

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Brewer’s Yeast Market by Category

By Product Type:

  • Dry Brewer’s Yeast
  • Liquid Brewer's Yeast

By End Use:

  • Food and Beverage Industry
  • Pharmaceutical Industry
  • Brewing Industries

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Frequently Asked Questions

What is the global Brewer’s Yeast Market reported by FMI for 2023?

The Brewer’s Yeast Market valuation is expected to be US$ 4,729 million in the year 2023.

The value of CAGR for the Brewer’s Yeast Market is estimated to be 6.1%.

The food supplement segment would garner a significant market value share by 2023.

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Nandini Roy Choudhury
Nandini Roy Choudhury
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

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