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Brewers Yeast Market Estimated to Grow at a CAGR of 7.8% During Forecast Period 2020-2025
Feed Supplement Segment Held the Largest Market Share in the Year 2019 Owing to the Rising Chicken Consumption Along With the Growing Demand of Poultry Products Is Anticipated to Trigger the Market Growth

BriefingWire.com, 12/29/2020 - [FURL=https://www.industryarc.com/Research/Brewers-Yeast-Market-Research-504909]Brewer’s Yeast Market[/FURL] size is estimated to be $3.4 billion in 2019, growing at a CAGR of 7.8% during the forecast period 2020-2025. Brewer’s yeast is a by-product from the breweries, which use the micro-organism and fungal yeast, Saccharomyces cerevisiae. Increase in the consumption of dairy products such as milk, yoghurt, cream, butter and cheese are anticipated to drive the brewer’s yeast market in the upcoming years. The shift of consumers towards nutritional supplement is propelled to increase the utilization and demand of the product. Furthermore, players are focusing on product innovation to expand their geographical footprint and enhance their share in the global market.

Key Takeaways

Active Dry Yeast held the major market share in 2019, owing to its wide range of application in ultimate baking activity in all yeast doughs, from low sugar to highly sweetened breads.

Feed Supplement segment held the largest market share in the year 2019 owing to the rising chicken consumption along with the growing demand of poultry products is anticipated to trigger the market growth.

North America contributed to the largest market share of more than 36% attributed to the high animal feed production in the country of the United States. The holistic approach of manufacturers to accommodate the product in feeds is projected to boost market demand, allude to rising end consumer’s safe and healthy meat product requirements in the forecast period 2020-2025.

Increasing research and development by companies to provide efficient products to consumers is driving the Brewer’s Yeast Market during the forecast period 2020-2025.

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Geography- Segment Analysis

North America contributed to the largest market share of more than 36% attributed to the high animal feed production in the country of the United States. The holistic approach of manufacturers to accommodate the product in feeds is projected to boost market demand, allude to rising end consumer’s safe and healthy meat product requirements in the forecast period 2020-2025.

Drivers – Brewer’s Yeast Market

Increasing Demand of Feed Supplements :

Increasing Research & Development Activities :

Brewer’s Yeast Market Industry Outlook : Brewer’s Yeast Market top 10 companies are Alltech, Angel Yeast Co Ltd., Archer Daniel Midland Company, Associated British Food plc, Biomin, Cargill Incorporated, F.L. Emmert, Lallemand Inc, Leiber GmBH and Lesaffree Group.

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