Brewer's Yeast Market Set to Reach $7.62 Billion by 2029 with 9% Yearly Growth

How Are the key drivers contributing to the expansion of the brewer's yeast market?
The growth of the brewer's yeast market is likely to be propelled by a surge in consumer preference for alcoholic beverages. Alcoholic drinks, inclusive of beer, wine, and distilled spirits, are fermented beverages containing ethyl alcohol, also referred to as ethanol. The production of alcohol involves fermenting carbohydrates, a process executed by active brewer yeast (Saccharomyces cerevisiae). Consequently, the escalating consumer preference for alcoholic beverages will ignite the expansion of the brewer's yeast market. To illustrate, a report by Statistics Canada, the national statistical agency of Canada, revealed that on March 31, 2022, the sales of alcoholic beverages at retail locations and liquor authorities climbed to $26.1 billion, marking a 2.4% rise from the previous year. Meanwhile, wine sales rose by 2.1% to $8.1 billion between 2021 and 2022. Besides, beer represented 34.9% of all alcohol sales' value from 2021 to 2022, followed by wine at 31.3%, spirits at 25.8%, and ciders and coolers 8.0%. Thus, the burgeoning consumer preference for alcoholic beverages is fueling the growth of the brewer's yeast market.

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What growth opportunities are expected to drive the brewer's yeast market's CAGR through 2034?
In recent times, there has been a significant expansion in the market size of brewer's yeast. By 2025, it's expected to reach $5.4 billion from $4.91 billion in 2024, at a compound annual growth rate (CAGR) of 9.9%. The historical growth trajectory is associated with several factors including a boost in consumer preference for alcoholic beverages, increased instance of aortic stenosis, higher healthcare expenditure, and a rise in the occurrence of chronic wounds.

In the coming years, the market size for brewer's yeast is projected to experience robust growth, reaching $7.62 billion in 2029 with a 9.0% compound annual growth rate (CAGR). Factors contributing to this surge during the forecasted period include the increasing demand for natural and functional ingredients, the rise in craft beer popularity, the growth of the animal feed industry, population growth, growing per capita consumer income, robust market expansion, and widespread usage of brewer's yeast in food and nutrition. Key trends predicted to influence the market in the forecast period include product innovation, the mounting demand for hassle-free online shopping experiences, the influence of emerging technologies, the impact of mergers and acquisitions, and varying regional dynamics.

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What are the emerging trends shaping the future of the brewer's yeast market?
Product innovation is emerging as a dominant trend in the brewer's yeast market. To maintain their market standing, leading companies in the brewer's yeast sphere are placing considerable emphasis on introducing new products. As an example of this trend, in February 2023, White Labs, Inc., a company out of San Diego that specializes in liquid yeast and fermentation products, broadened its product range with the addition of dry yeast options, beginning with its well-liked WLP001 (California Ale) strain. This introduction responds to a growing preference for dry yeast among homebrewers and commercial brewers, a trend propelled by innovations in drying technology and a burgeoning craft beer market. Offering high viability, user-friendliness, and unique flavour profiles, the WLP001 dry yeast appeals to a wide range of brewing applications, for both hobbyists and professionals.

Which growth-oriented segments of the brewer's yeast market are leading the industry's development?
The brewer's yeast market covered in this report is segmented -

1) By Type: Dry Brewer's Yeast, Fresh Brewer's Yeast, Instant Brewer's Yeast, Other Types
2) By Distribution Channel: Salon And Breweries, Departmental And Superstores, Online
3) By Application: Food Supplements, Feed Supplements, Other Applications
4) By End-User: Food And Beverages, Pharmaceutical, Breweries, Nutraceutical Manufacturers, Other End Users

Subsegments:
1) By Dry Brewer's Yeast: Active Dry Yeast, Instant Yeast, Other Dry Variants
2) By Fresh Brewer's Yeast: Liquid Yeast, Cream Yeast
3) By Instant Brewer's Yeast: Rapid Rise Yeast, Quick-Rise Yeast, Other Types
4) By Other Types: Nutritional Yeast, Wild Yeast Strains, Specialty Yeasts

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What regions are leading the charge in the brewer's yeast market?
North America was the largest region in the brewer's yeast market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the brewer's yeast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the brewer's yeast market?
Major companies operating in the brewer's yeast market include Cargill Incorporated, Archer-Daniels-Midland Company, Associated British Foods Plc, Kerry Group Plc, Nutreco N.V., Sigma-Aldrich, Royal DSM NV, AngelYeast Co Ltd., Alltech Group, Chr Hansen Holding AS, Dawn Food Products Inc., Lallemand Inc., BiOrigin Specialty Products, Leiber GmbH, Northern Brewer LLC, Brewers Supply Group, Titan Biotech Limited, Wyeast Laboratories Inc., White Labs Brewing Co., Omega Yeast Labs LLC, AB Mauri India Pvt Ltd., AEB Group, F.L. Emmert Company, Real Brewer's Yeast, Lesaffre Group, Laffort SA, Bruchem Inc., Inland Island Yeast Laboratories LLC, Scandinavian Formulas Inc.

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What Is Covered In The Brewer's Yeast Global Market Report?

• Market Size Forecast: Examine the brewer's yeast market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the brewer's yeast market for a structured understanding.
• Key Players Overview: Analyze major players in the brewer's yeast market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the brewer's yeast market.
• Segment Contributions: Evaluate how different segments drive overall growth in the brewer's yeast market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the brewer's yeast market.
• Industry Challenges: Identify potential risks and obstacles affecting the brewer's yeast market.
• Competitive Landscape: Review strategic developments in the brewer's yeast market, including expansions, agreements, and new product launches.

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