Brewer’s Yeast Market Size, Share & Trends Analysis Report By Product (Dry, Fresh, Instant Dry, Liquid), By Form (Powder, Tablet), By Application (Food, Feed), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global brewer’s yeast market size was valued at USD 5.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2030. Rising demand for products such as dairy, meat, and eggs has spurred demand for animal feed production, globally. This factor is expected to augment demand for brewer’s yeast over the forecast period. Saccharomyces cerevisiae, commonly known as the baker’s yeast is instrumental to winemaking, baking, and brewing. Brewer’s yeast, which is the leftover product after brewing operations, is used as feedstuff for poultry, ruminants, fish, and pigs as a flavoring agent in the food sector. Brewers’ yeast, which is more commonly extracted from large breweries, is being used as a protein supplement in animal feed. Inactivated form of this product is a highly valuable source of protein, phosphorous, and vitamin B.

Furthermore, the increasing awareness regarding the health benefits associated with brewer's yeast has also played a pivotal role in driving market growth. Brewer's yeast is rich in essential nutrients such as proteins, vitamins and minerals. It is known to be a good source of B-complex vitamins, amino acids, and antioxidants. These nutritional properties have attracted health-conscious consumers who are seeking natural and functional food ingredients.

The expansion of the nutritional supplements industry has also contributed to the market growth of brewer's yeast. It is widely used as a dietary supplement due to its high nutritional value. Brewer's yeast supplements are believed to support digestive health, boost energy levels, and strengthen the immune system. As the demand for natural and organic supplements continues to rise, brewer's yeast is set to gain significant traction in the market.

Product Insights

By product, the dry product segment dominated the market in 2022 with a share of more than 35.69% in revenue. The rising trend of clean-label and natural ingredients is fueling the demand for brewer's yeast among dry products. Consumers are increasingly seeking products that are free from synthetic additives and preservatives, and brewer's yeast aligns well with this preference. Its natural origin and nutrient profile make it an attractive choice for manufacturers looking to enhance the nutritional value of their products.

The instant-dry product is anticipated to exhibit the highest CAGR of 10.2% during the forecast period. The rise in consumer awareness regarding the health benefits of brewer's yeast has played a crucial role in driving the demand for instant dry products. Brewer's Yeast is rich in essential nutrients such as B Vitamins, minerals, and protein, making it a popular choice among health-conscious individuals. The convenience and ease of use offered by instant dry products have further fueled their demand, as they can be readily incorporated into various food and beverage applications.

Application Insights

By application, the food application dominated the market in 2022 with a 72.4% revenue share of the overall revenue and is projected to maintain its lead over the forecast period owing to the increasing demand for healthy and nutritious foods, the rising popularity of functional foods, and the growing consumer awareness of the health benefits of brewer's yeast. Brewer's yeast is a good source of protein, B vitamins, and other nutrients, and it is also low in fat and calories. This makes it a popular ingredient in a variety of food products, such as breads, cereals, snacks, and beverages. In addition, brewer's yeast has exhibited several health benefits, such as improving gut health, boosting the immune system, and reducing the risk of chronic diseases.

The brewer’s yeast feed application is poised to expand at the highest CAGR of 9.3% by revenue from 2022-2030. Brewer's yeast is a good source of protein, vitamins, and minerals, which are essential for the growth and development of animals. It also contains B-complex vitamins, which are essential for the metabolism of carbohydrates, proteins, and fats. Brewer's yeast also helps to improve the palatability of feed, which can lead to increased feed intake and better animal performance.

Form Insights

By form, the powder form dominated the brewer’s yeast market in 2022 with over 36.5% share in revenue. The convenience and longer shelf life offered by dry-form brewer's yeast have played a crucial role in driving its market. Dry-form yeast can be easily stored and transported compared to its liquid counterpart, which is more perishable. This factor has led to increased adoption by food and beverage manufacturers who value the extended shelf life and easy handling of dry brewer's yeast.

The flake form is anticipated to exhibit the highest CAGR of 10.0% in revenue during the forecast period. The use of brewer's yeast flakes in the brewing industry has also fueled market growth. Brewer's yeast is a vital ingredient in the fermentation process of beer production, providing flavor, aroma, and essential nutrients to the final product. The flake form of brewer's yeast offers advantages in terms of handling and dispersibility, making it preferred by breweries for efficient brewing operations.

Regional Insights

Europe dominated the market in 2022 with a 33.06% share of the overall revenue along with a CAGR of 9.3%. There is a growing demand for natural and organic food products among European consumers. Brewer's yeast is widely recognized as a natural and nutritious ingredient, rich in proteins, vitamins, and minerals. As consumers become more health-conscious and seek out clean-label products, Brewer's yeast offers a viable option for enhancing the nutritional value of various food and beverage products.

In addition, Spain, Germany, and France are major markets in this region on account of high animal feed production. Rapidly growing feed production in Russia, Turkey, Belarus, Poland, Greece, and Ukraine is expected to propel product demand in the region over the forecast period.

Demand for brewer’s yeast in North America accounted for a market share of over 28.37% in 2022 and is expected to witness substantial growth over the forecast period. The expanding craft beer industry in North America is playing a major role in driving the brewer's yeast industry. Brewer's yeast is an essential ingredient in beer production, providing fermentation and flavoring properties. With the surge in craft breweries and the growing consumer preference for unique and artisanal beers, the demand for brewer's yeast has experienced a considerable upswing.

The market in Asia Pacific is poised to witness substantial growth over the forecast period, registering a CAGR of 10.1% in terms of revenue. The animal feed segment, specifically, is expected to develop a potential demand base in the region on account of the rising requirement for yeast-infused diets to facilitate the poultry, pork, and seafood industry.

Key Companies & Market Share Insights

The global brewer’s yeast market is expected to witness moderate competition among the companies owing to the presence of numerous players across the industry. Owing to changing consumer trends, numerous companies are expanding their product portfolio to gain a competitive edge in the market.

Manufacturers are resorting to strategies such as increasing production capabilities, launching new vehicles in the market, and forming partnerships. For instance, in May 2020, Angel Yeast and Bright Yeast introduced a new Saison brewers yeast S129 for craft beer breweries. The yeast has high alcohol strong kinetics, and tolerance and can ferment dextrins, making it suitable for dry beer brewing. It also has a special gene STA1 and is recommended for brewing Belgian Saison, style beer, dubbel, tripel, and wheat beer. Some prominent players in the global brewer’s yeast market include:

• Associated British Food plc

• Lesaffre Group              

• Alltech                   

• Leiber GmbH

• Angel Yeast Co., Ltd.

• Lallemand, Inc.

• F.L. Emmert

• Nutreco N.V.

• Biomin

• Shandong Bio Sunkeen Co., Ltd.

• Archer Daniels Midland Company

Brewer’s Yeast Market Report Scope

Global Brewer’s Yeast Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2017 to 2030 in each of the sub-segments. For the purpose of this study, Grand View Research has segmented the global brewer’s yeast market report based on product, form, application, and region:

• Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Dry

  • Fresh

  • Instant Dry

  • Liquid

• Form Outlook (Revenue, USD Million, 2017 - 2030)

  • Powder

  • Tablet

  • Flake

  • Liquid

• Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Food

    • Alcoholic Beverages

    • Dietary Supplements

    • Bakery & Other Foods

    • Pharmaceuticals

  • Feed

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia and New Zealand

    • South Korea

  • Latin America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • U.A.E.