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The global Brewers Yeast Market is estimated to value at nearly US$ 3.1 Bn in 2019, and is expected to register a CAGR of 8.5%. The report offers in-depth insights, revenue details, and other vital information regarding the global brewers yeast market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2028. The global brewers yeast market is segmented on the basis of product type, application, vertical, and region.
Global Brewers Yeast Market: IntroductionBrewers yeast is a non-leavening yeast used in brewing beer and can also be used in food and feed supplement due to its nutritional properties. It is a rich source of chromium, which may help human body to maintain normal blood sugar levels. It is also a source of B vitamins.
Global Brewers Yeast Market: DynamicsMajor factors driving growth of the global brewers yeast market increasing demand for feed additives to protect the livestock across the globe. Feed additives contain essential nutrients and fiber, proteins, carbohydrates, fats and vitamins, which enhance digestion and metabolism, and also boosts immunity. Moreover, health benefits associated with brewers yeast, including animal well-being and enhancing intestinal flora. These benefits are expected to increase demand for such product, further fueling demand for additives among producers of animal feed formulations and products. Increasing demand for dietary supplements in developing countries is anticipated to support growth of the target market during the forecast period. Changing lifestyle, growing obesity, and shifting preference towards intake of fast food products are other major factors expected to drive growth of the global dietary supplements market over the next few years. Use of brewers yeast-based food additives products as an ingredient in dietary supplements due to presence of essential nutrients that aid in maintaining or improving health, and rising awareness and consumption of such products, especially in developed countries such as the US, Canada, the UK, and Australia are key factors expected to drive growth of the market However, over consumption of brewers yeast-based food supplements may cause serious side effects on the human body, and related concerns could act as a major factor hampering growth of the target market to a certain extent. Over consumption of brewers yeast can cause mild headache, stomach discomfort, bloating, flatulence, chest pain or difficulty breathing and others. Growing animal population in emerging economics such as China, Brazil, and India is resulting in high demand for feed additives. This is opening up lucrative revenue growth opportunities for major players to meet increasing feed additive requirements. Increasing trend of shifting preference towards bio-based or natural food and feed additives is expected to gain traction and support revenue growth of the market over the next 10 years. In addition, various bio-based feed additives support reduced antibiotics of Raised Without Antibiotics (RWA) systems, including providing benefits to replace or improve upon productivity benefits. This is expected to become increasingly popular because they enhance performance in a natural way that is acceptable to end customers.
Global Brewers Yeast Market Analysis, by Product TypeAmong the product type segments, the dry segment is expected to contribute major revenue share, and is projected to register highest CAGR of over 8.3% during the forecast period. Increasing demand for dry brewers yeast in brewing industry and pharmaceutical applications is anticipated to drive growth of the segment.
Global Brewers Yeast Market Analysis, by ApplicationAmong the application segments, the feed supplements segment is expected to contribute major revenue share, and is expected to maintain its dominance over the forecast period. The feed supplements segment is expected to register highest CAGR of over 8.2% during the forecast period. Increasing demand for the animal feed across the globe is projected to drive the growth of this segment.
Global Brewers Yeast Market Analysis, by VerticalAmong the vertical segments, the industrial segment is expected to contribute major revenue share in the global market and is projected to register a CAGR of over 8% during the forecast period.
Global Brewers Yeast Market Analysis, by RegionThe market in North America is expected to dominate in the global brewers yeast market and is expected to continue its dominance over the forecast period. Increasing consumption of alcohol coupled with increasing number of brewers in countries in the region is expected to drive revenue growth of the North America brewers yeast market over the forecast period. High consumption of dietary supplements among individual to improve overall heath is another factor expected to boost growth of the North America brewers yeast market. In addition, increasing demand for nutraceutical products in the countries such as the US and Canada owing to rising number of diabetes patients, is expected to support revenue growth of North America brewers yeast market over the forecast period. Increasing demand for beef and meat products among the overall population resulting in growing adoption of feed supplements among farmers to improve cattle health is a major factor driving growth of brewers yeast market in countries in the region. The Asia Pacific market is expected to register significant CAGR in terms of revenue over the forecast period. Increasing demand for poultry and other meat products in the region owing to increasing population and rapid urbanization is expected to boost demand for animal feed additive to ensure maximum productivity of poultry to cater to increasing meat consumption in the region, which in turn expected to drive revenue growth of brewers yeast market in Asia Pacific. In addition, increasing geriatric population coupled with high healthcare costs is expected to boost demand for nutraceutical products in the region, which in turn expected to boost demand for brewers yeast in countries in the region. For instance, in 2017, according in a Global Agriculture Information Network (GAIN) report, Chinas per capita beef consumption was around 5.8 kg and this is expected to reach 6.0 kg in 2018.
Global Brewers Yeast Market Segmentation:
Global Brewers Yeast Market Segmentation, by Product Type:
Global Brewers Yeast Market Segmentation, by Application:
- Food Supplements
- Feed Supplements
Global Brewers Yeast Market Segmentation, by Vertical:
- Brewing Industries
- Nutraceutical Manufacturers
Global Brewers Yeast Market Segmentation, by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Key Market Players included in the report: Global Brewers Yeast Market
- Rymco Pty Ltd
- Cargill, Incorporated
- Koninklijke DSM N.V.
- Anchor Yeast(pvt) Ltd
- Gulf Brewers yeast LLC
- Omega Laboratories, Inc.
- Lesaffre et Compagnie, SA
- Oriental Yeast Co., Ltd.
- Saf Yeast Company Private Limited
- Archer Daniels Midland Company
- Associated British Food Plc.
Key Insights Covered: Global Brewers Yeast Market1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Brewers Yeast industry. 2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Brewers Yeast industry. 3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Brewers Yeast industry. 4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Brewers Yeast industry. 5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Brewers Yeast industry.
Research Methodology: Global Brewers Yeast Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
1.0 Chapter 1 1.1 Preface 1.2 Assumptions 1.3 Abbreviations 2.0 Chapter 2 2.1 Report Description 2.1.1 Market Definition and Scope 2.2 Executive Summary 2.2.1 Market Snapshot, By Product Type 2.2.2 Market Snapshot, By Application 2.2.3 Market Snapshot, By Vertical 2.2.4 Market Snapshot, By Region 2.2.5 Prudour Opportunity Map Analysis 3.0 Chapter 3 3.0.1 Global Brewer's Yeast Market Dynamics 3.0.2 Drivers (D) 3.0.3 Restraints (R) 3.0.4 Opportunities | read more...