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Brewer's Spent Yeast Market worth $2.17 billion by 2030, growing at a CAGR of 5.83% - Exclusive Report by 360iResearch
The "Brewer's Spent Yeast Market by Type (Dry, Liquid), Category (Primary Spent Yeast, Secondary Spent Yeast), Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Brewer's Spent Yeast Market to grow from USD 1.46 billion in 2023 to USD 2.17 billion by 2030, at a CAGR of 5.83%.
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Brewer's spent yeast (BSY) is a by-product of the beer brewing process and the yeast used to ferment the sugars into alcohol and carbon dioxide is collected and referred to as spent yeast after the completion of the fermentation stage. This spent yeast has limited reuse in the brewing industry due to the accumulation of non-yeast materials, changes in the cell wall structure, and the loss of viability and fermentative activity after successive brews. BSY primarily comprises Saccharomyces cerevisiae, a yeast commonly used to produce ales and lagers. Brewer's spent yeast retains many proteins, vitamins, and micronutrients, making it valuable for various applications outside the brewing industry. Rising demand for sustainable and cost-effective animal feed and growing health consciousness among consumers looking for natural dietary supplements are increasing the proliferation of brewer's spent yeast. Moreover, technological advancements in processing and a growing trend of craft breweries have created additional outputs, fuelling the market's expansion. However, stringent regulatory frameworks governing food and feed safety may impede the ease of market entry. Challenges in storage and transportation due to the perishable nature of the product can affect the quality and marketability. Moreover, potential applications in biotechnological research, such as the development of yeast-based bioactive compounds coupled with innovation in processing technologies to ensure the highest quality product for human consumption, are expected to create an opportunistic prospect for the market.
In the Americas, the utilization of brewer's spent yeast is primarily driven by its application in the animal feed and food industries. Major countries in the region, such as the United States and Canada, lead in the innovation and repurposing of brewery by-products, leveraging technological advances in biotechnology and sustainability initiatives. The expansion of craft beer and microbreweries has increased the available volume of spent yeast, enhancing the market potential for its alternative uses. In the EMEA region, Europe, with its stringent regulations around waste and by-product utilization, has fostered a fertile environment for developing spent yeast as a value-added product. There is a strong focus on circular economy practices leading to collaborations between breweries and agricultural sectors for using spent yeast as animal feed and, to a lesser extent, in nutraceuticals and food additives. In addition, environmental regulations and the push for sustainable practices have encouraged the exploration of spent yeast in bioenergy production and as a source of bioactive compounds. The Asia-Pacific exhibits rapid growth potential for brewer's spent yeast, driven primarily by the expanding beer industry in China, India, Japan, and Australia. Furthermore, as these countries experience population and economic growth, demand increases for protein-rich animal feed, a key market for spent yeast. The APAC region is witnessing a rise in health consciousness among consumers, stimulating interest in spent yeast for dietary supplements and functional foods. Moreover, with increasing research on brewing by-products, there is a potential for spent yeast to be utilized in novel ways, including pharmaceuticals and cosmeceuticals, and in the promotion of yeast-based ingredients for the burgeoning food & beverage industry.
Market Segmentation & Coverage:
This research report categorizes the Brewer's Spent Yeast Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Dry and Liquid. The Dry commanded largest market share of 77.88% in 2023, followed by Liquid.
Based on Category, market is studied across Primary Spent Yeast and Secondary Spent Yeast. The Primary Spent Yeast commanded largest market share of 67.88% in 2023, followed by Secondary Spent Yeast.
Based on Application, market is studied across Biofuel Production, Biotechnological Processes, Feed Supplement, Food Supplement, and Medical Products. The Biotechnological Processes is further studied across Biosorption Agent and Fermentation Substrate. The Feed Supplement commanded largest market share of 37.23% in 2023, followed by Food Supplement.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 40.76% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Brewer's Spent Yeast Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Brewer's Spent Yeast Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Brewer's Spent Yeast Market, highlighting leading vendors and their innovative profiles. These include AB InBev, Alltech, Inc., AngelYeast Co., Ltd., Archer-Daniels-Midland Company, Asahi Group Holdings, Ltd., Associated British Foods PLC, Avantor, Inc., BDI biotech, Chr. Hansen Holding A/S by Novozymes A/S, Furst-McNess Company, Imperial Yeast, Kerry Group PLC, LAFFORT, Lallemand Inc., Leiber GmbH, Lesaffre, Merck KGaA, Mitsubishi Corporation, Nisshin Seifun Group, Nutreco N.V., O. Salm & Co GmbH, Omega Yeast Labs, LLC, Prosol S.p.A., Revyve, Royal DSM, Solgar Inc. by Nestlé Health Science, Tangshan Top Bio_Technology Co., Ltd., Thermo Fisher Scientific Inc., Urban Platter, VetterTec GmbH, White Labs, Wilbur-Ellis Holdings, Inc., Yeastup AG, Ziemann Holvrieka GmbH, and Zytex Biotech Pvt. Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Brewer's Spent Yeast Market, by Type
7. Brewer's Spent Yeast Market, by Category
8. Brewer's Spent Yeast Market, by Application
9. Americas Brewer's Spent Yeast Market
10. Asia-Pacific Brewer's Spent Yeast Market
11. Europe, Middle East & Africa Brewer's Spent Yeast Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Brewer's Spent Yeast Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Brewer's Spent Yeast Market?
3. What is the competitive strategic window for opportunities in the Brewer's Spent Yeast Market?
4. What are the technology trends and regulatory frameworks in the Brewer's Spent Yeast Market?
5. What is the market share of the leading vendors in the Brewer's Spent Yeast Market?
6. What modes and strategic moves are considered suitable for entering the Brewer's Spent Yeast Market?
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