According to a new report, published by KBV research, The Global Brewer’s Yeast Market size is expected to reach $11.7 billion by 2030, rising at a market growth of 10.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,067.7 Kilo Tonnes, experiencing a growth of 9.6% (2019-2022).
The Dry segment is leading the Global Brewer’s Yeast Market, By Product in 2022 thereby achieving a market value of $8.1 billion by 2030. Dry brewer's yeast has a lower chance of contamination from temperature fluctuations and produces more consistent fermentation and flavor profiles. Budget-conscious brewers will find dry yeast a cost-effective option due to its lower production and shipping costs. Compared to its liquid counterpart, dry brewer's yeast is simpler to export and distribute internationally. This has made it possible for producers of yeast to reach a larger consumer base and increase the market share of their products.
The Feed Supplements segment would display a CAGR of 12.4% during (2023 - 2030). The growing global population has increased demand for meat and other animal-based products, and raising livestock and poultry is a significant industry that meets this demand. In order to fulfill the growing demand for animal feed for cattle and poultry, farmers and other producers are looking for sustainable and alternative sources of nutrition. With its abundant nutritional profile that includes minerals, B vitamins, and protein, brewer's yeast can be a tempting choice for animal feed supplements. Including brewer's yeast in an animal's diet can enhance its general health, growth rate, and productivity.
The Europe region dominated the Global Brewer’s Yeast Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4 billion by 2030. The Asia Pacific market is anticipated to grow at a CAGR of 10.8% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 9.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/brewers-yeast-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Tonnes, USD Million, 2019-30)
Companies Profiled
Unique Offerings 
