Brewer’s Yeast Market Share, Size, Trends, Industry Analysis Report, By Type (Liquid, Dry); By Application; By Region; Segment Forecast, 2024- 2032

Brewer’s Yeast Market Share, Size, Trends, Industry Analysis Report, By Type (Liquid, Dry); By Application; By Region; Segment Forecast, 2024- 2032

The global Brewer’s Yeast market size is expected to reach USD 15.01 billion by 2032, according to a new study by Polaris Market Research. The report “Brewer’s Yeast Market Share, Size, Trends, Industry Analysis Report, By Type (Liquid, Dry); By Application; By Region; Segment Forecast, 2024- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The brewer's yeast market is thriving, fueled by the rapid growth of the craft beer industry. Craft breweries, emphasizing quality and unique flavors, drive the demand for brewer's yeast, an essential element in beer fermentation. This yeast plays a crucial role in developing distinct flavor profiles. The interdependence between the expanding craft beer sector and the brewer's yeast market encourages innovation, leading to yeast strains tailored for diverse craft beer styles. With consumers increasingly favoring artisanal beverages, brewer's yeast's versatility extends to other fermented drinks and baked goods.

In response to a growing focus on health and wellness, consumers are actively seeking foods that provide nutritional benefits beyond basic sustenance. Brewer's yeast, renowned for its abundant vitamins, minerals, and protein, is gaining popularity as a natural source of essential nutrients. Its incorporation into functional foods like nutritional bars and cereals aligns with this trend. Furthermore, brewer's yeast is finding favor as a supplement due to its potential health-promoting properties. This heightened demand underscores a broader consumer shift towards functional and health-centric food choices.

Online retail growth has made it a crucial distribution channel for brewer's yeast-containing products, including nutritional supplements and functional foods. Consumers, drawn to the convenience of online platforms for health and wellness purchases, are driving brewer's yeast demand. This digital marketplace's global reach facilitates connections with diverse consumer bases. Online simplicity, coupled with rising awareness of brewer's yeast's nutritional benefits, encourages consumers to readily explore and purchase these products. E-commerce's dynamic space allows for innovative marketing, communicating brewer's yeast's health advantages directly.

The brewer's yeast market is seizing opportunities in emerging markets as economic growth and urbanization drive demand for diverse food and beverages, notably craft beer. Brewer's yeast, a key brewing ingredient, gains prominence in these markets where consumers are eager to explore unique flavors. The globalization of the craft beer movement facilitates brewer's yeast's entry into emerging markets, meeting the demand for high-quality brews. Moreover, as global health trends rise, brewer's yeast finds applications not only in brewing but also in nutritional supplements and functional foods, showcasing its versatility and contributing to the growth of the food and beverage industry in these evolving markets.

Brewer’s Yeast Market Report Highlights

In 2023, the dry segment held significant revenue share owing to its extended shelf life, convenience, and stability.

The demand for dietary supplements is expected to increase during the forecast period owing to its role in supporting digestive health & immunity, and cholesterol management.

In 2023, North America region dominated the global market due to growing health and wellness trends, expanding applications in food industry, and demand in brewing industry.

The market is highly competitive owing to the existence of market players with a global presence, including Alltech Inc., Angel Yeast Co., Ltd., Associated British Foods plc, Kerry Group plc, Lallemand Inc., Leiber GmbH, Lesaffre Group, Omega Yeast Labs, and Oriental Yeast Co. Ltd among others.

Polaris Market Research has segmented the Brewer’s Yeast market report based on type, application, and region:

Brewer’s Yeast, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Liquid

Dry

Brewer’s Yeast, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Animal Feed

Food and Beverages

Dietary Supplements

Others

Brewer’s Yeast, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

France

Germany

UK

Italy

Netherlands

Spain

Russia

Asia Pacific

Japan

China

India

Malaysia

Indonesia

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa