The Europe Brewer’s Yeast Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 448.6 Kilo Tonnes, showcasing a growth of 8.9% (2019-2022).
In the brewing industry, there have been advancements in optimizing brewer's yeast strains for fermentation. These innovations aim to enhance the efficiency and quality of the brewing process. Yeast strains are selected or engineered to produce specific flavors, aromas, and alcohol levels, resulting in a broader range of beer styles and characteristics. The craft beer movement and the desire for unique and distinctive beer offerings drive these developments.
Additionally, the brewing sector has witnessed advancements in yeast propagation, fermentation control, and yeast management techniques. Microbiologists and brewers are collaborating to optimize fermentation conditions, leading to increased beer consistency and flavor profiles. The use of brewer's yeast also extends to non-alcoholic fermentation processes, such as kombucha and other fermented beverages, further expanding its presence in the beverage industry.
Beyond the brewing world, the market has seen remarkable growth in dietary supplements and functional food applications. Brewer's yeast is renowned for its high nutritional value, being an excellent source of protein, B vitamins, minerals, and amino acids. As consumers prioritize health and wellness, dietary supplement manufacturers have leveraged Brewer's yeast's nutritional content to create products that promote overall well-being. A focus on clean labels and natural ingredients characterizes the developments in dietary supplements made from brewer's yeast. Allergens and artificial additives are being sought after by consumers more and more. Brewer's yeast aligns with this trend, offering a natural and sustainable source of nutrients, including B-complex vitamins and protein.
The United Kingdom has witnessed a growing interest in food supplements driven by a combination of factors. A rising emphasis on preventive healthcare has led many Britons to incorporate supplements into their daily routines to address nutritional gaps and support overall health. In recent years, there has been a surge in the popularity of supplements designed for specific dietary preferences, such as those suitable for vegetarians and vegans. Sports and fitness enthusiasts in the UK also contribute to the demand for supplements, particularly protein powders, amino acids, and performance-enhancing products. Thus, the rising food and beverage sector, along with the increasing demand for food supplements in Europe, will boost the demand for market in the region.
The Germany market dominated the Europe Brewer’s Yeast Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $874.7 million by 2030. The UK market is experiencing a CAGR of 8.3% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 10.2% during (2023 - 2030).
Based on Product, the market is segmented into Dry, and Liquid. Based on Application, the market is segmented into Food Supplements, and Feed Supplements. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Brewer's Yeast Market will Hit USD 11.7 Billion by 2030, at a CAGR of 10.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Associated British Foods PLC, Leiber GmbH, Lallemand, Inc., Archer Daniels Midland Company, Chr. Hansen Holding A/S, Lesaffre Group, White Labs Inc., Cargill, Incorporated, Kerry Group plc, and LAFFORT.
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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