- 11 July 2019 21:40
Brewer’s Yeast Market By Product Type, Application, Vertical, And Region- Global Forecast To 2027
lobal Brewer’s Yeast Market: Introduction
Brewer's 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. The global Brewer’s Yeast Market is estimated to value at nearly US$ 3.1 Bn in 2019, and is expected to register a CAGR of 8.5%.
Global Brewer’s Yeast Market: Dynamics
Major factors driving growth of the global brewer’s 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 brewer’s 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 brewer’s 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.
Analysis By Segmentation:
The market report has been segmented on the basis of product type, application, vertical and region. The product type segment includes dry yeast and liquid yeast. The application segment includes feed supplements and food supplements. The vertical segment includes industrial, pharmaceutical, brewing industries, and nutraceutical manufacturers. The region includes the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Product Type: The dry segment is expected to account major revenue share in the global market and is projected to register a CAGR of over 8.3% over the forecast period in the global market
By Application: The feed supplements segment is expected to register a CAGR of over 8.2% over the next 10 years
By Vertical: The industrial segment is expected to register a CAGR of over 8% over the next 10 years
By Region: The market in North America is expected to register a CAGR of over 8.2% in the global market
Global Brewer’s Yeast Market: Competitive Analysis
The research report on the global Brewer’s Yeast market includes profiles of some of the major companies such as Rymco Pty Ltd, Cargill, Incorporated, Koninklijke DSM N.V., Anchor Yeast(pvt) Ltd, Gulf Brewer’s yeast LLC, Omega Laboratories, Inc., Lesaffre et Compagnie, SA, Oriental Yeast Co., Ltd., Saf Yeast Company Private Limited, and Archer Daniels Midland Company Associated British Food Plc.
The Global Brewer’s Yeast Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2018–2027 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global brewer’s yeast market for 2017–2027.
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