The Business Research Company’s report on the Brewer’s Yeast Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the brewer’s yeast market’s growth in recent years?
The increasing consumer preference for alcoholic drinks is expected to boost the growth of the brewer’s yeast market going forward. Alcoholic drink refers to any fermented beverage that contains ethyl alcohol, often known as ethanol, such as beer, wine, or distilled spirits. Alcohol is produced by fermenting carbohydrates, carried out by active brewer yeast (Saccharomyces cerevisiae). Hence, the increasing consumer preference for alcoholic drinks will boost the brewer’s yeast market. For instance, according to a report published by Statistics Canada, a Canada-based national statistical agency, in 2023, alcoholic beverage sales at retail establishments and liquor authorities reached $26.1 billion on March 31, 2022, an increase of 2.4% from the previous year. And wine sales increased by 2.1% to $8.1 billion in 2021 and 2022. Further, beer made up 34.9% of the value of all alcohol sales in 2021–2022, followed by wine (31.3%), spirits (25.8%), ciders, and coolers (8.0%). Therefore, the increasing consumer preference for alcoholic drinks is driving the growth of the brewer’s yeast market.
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How does the future projection of the brewer’s yeast market size compare to its historical growth?
The brewer’s yeast market size has grown strongly in recent years. It will grow from $4.91 billion in 2024 to $5.4 billion in 2025 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing consumer preference for alcoholic drinks, rising prevalence of aortic stenosis, increasing healthcare expenditure, rising prevalence of chronic wounds
The brewer’s yeast market size is expected to see strong growth in the next few years. It will grow to $7.62 billion in 2029 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to growing demand for natural and functional ingredients, craft beer boom, expansion of the animal feed industry, population growth and per capita consumer income growth, strong market growth, growing adoption of brewer’s yeast in food and nutrition. Major trends in the forecast period include product innovations, growing demand for seamless online purchasing experiences, impact of emerging technologies, influence of mergers and acquisitions, regional dynamics.
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Which key players are shaping the future of 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.
What trends will propel the growth and evolution of the brewer’s yeast market?
Product innovation is the key trend gaining popularity in the brewer’s yeast market. Major companies operating in the brewer’s yeast market are focusing on developing new products to sustain their position in the market. For instance In February 2023, White Labs, Inc., a San Diego-based company specializing in liquid yeast and fermentation products, expanded its offerings by introducing dry yeast options, starting with its popular WLP001 (California Ale) strain. This launch addresses the growing demand for dry yeast among homebrewers and commercial brewers, driven by advancements in drying technology and the expanding craft beer market. The WLP001 dry yeast offers high viability, ease of use, and exceptional flavor profiles, positioning it as a valuable choice for both home and commercial brewing applications.
Which regions are expected to become dominant players 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.
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What are the emerging key segments in the brewer’s yeast market, and how are they evolving?
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 defines the structure and scope of the brewer’s yeast market?
Brewer’s yeast refers to a category of yeast produced by the single-celled fungus Saccharomyces cerevisiae. It is a vitamin B supplement for raising bread, brewing beer, creating wine, and other alcoholic beverages.
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