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Global Brewer’s Yeast Market is Expected to Grow at a Healthy Pace During 2021-2026, Aided by the Growth of Global Yeast Market

According to a new report by EMR titled, ‘Global Brewer’s Yeast Market Report and Forecast 2021-2026’, the market is supported by global yeast market, which attained a value of about USD 3.95 billion in 2020 and is further expected to grow at a CAGR of 9% in the forecast period of 2021-2026 to reach a value of about USD 6.62 billion by 2026.

North America is witnessing significant growth owing to the high demand for animal feeds. Moreover, research and development (R&D) by the major companies and the strict guidelines on the use of feed and food supplements are further invigorating the market growth. Europe is also expected to grow healthily in the forecast period due to the rising production of animal feed and favourable government policies. Meanwhile, the Asia Pacific region is expected to witness robust growth due to the flourishing feed supplement industry. The exponential growth of population and the increasing demand for high-quality animal products is also boosting the market growth. Moreover, increasing urbanisation and escalating export activities by countries such as India, Japan, and China are further bolstering the market growth. Additionally, the rising consumer awareness and the increasing demand for safe and healthy products are expected to fuel the market growth. Such developments in the major regions are contributing significantly to the market growth, consequently aiding the growth of the overall market.

Some of the leading players in the market are Associated British Foods plc (OTCMKTS: ASBFY) and Leiber GmbH. The latter launched Leiber NuTaste® in 2020, which offers an abundance of natural flavours, which can be used either pure or in combination with other yeast extracts. Moreover, it offers a broad spectrum of applications based on the enhanced attractiveness, tastiness, taste improvement of feeds, and increase in feed intake. It also has additional colouring or nutritional effects, therefore it can be used for enhancing individual flavours, reducing the salt content in the product, and replacing artificial colourants for application in vegetarian and vegan foods. Such developments are anticipated to propel the market growth in the forecast period.

Market Analysis by Type, Application, and Region:

  • The market, on the basis of type, can be divided into dry yeast and liquid yeast.
  • Based on application, the industry can be divided into food supplements and feed supplements.
  • The regional markets for brewer’s yeast include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The market is being aided by the growth of the feed supplement industry and the rising demand for animal feed additives to ensure high-quality yield.
  • The rising demand for dairy, poultry, and meat products owing to the surging population is propelling the market growth.
  • Rising consumer awareness and the increasing health consciousness has increased the demand for protein and vitamins supplement, providing impetus to the market growth.
  • Increasing research and development (R&D) associated with the benefits of brewer’s yeast is augmenting the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global brewer’s yeast market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, applications, and regions of brewer’s yeast.
  • It assesses the regional price trends for the (2016-2020) and (2021-2026) periods. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global market for brewer’s yeast are Titan Biotech Limited, Lallemand Inc., Leiber GmbH, and Cargill, Incorporated, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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