Europe Brewer’s Spent Yeast Industry Overview
The Europe brewer’s spent yeast market size was valued at USD 618.3 thousand in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.5% from 2021 to 2028.
Increasing demand for Brewer’s Spent Yeast (BSY) in the application for feed and food supplement applications is expected to drive the market growth during the forecast period. Due to the presence of numerous beer-producing companies in the region, there is a huge production capacity for brewer by-products such as Brewer’s Spent Grains (BSG) and BSY in Europe. With the recent advancements in the extraction of food-grade BSY, the market is expected to expand at a strong growth rate during the forecast period.
Gather more insights about the market drivers, restrains and growth of the Europe Brewer’s Spent Yeast Market
Germany was the largest European country market and was valued at USD 153.37 thousand in 2020. The presence of the robust food industry with companies taking up initiatives to adopt newer and sustainable sources of materials is expected to drive the demand for brewer by-products such as BSG and BSY in the forecast period. The U.K. is another major European country having a consumption volume of more than 11 kilotons in 2020 which is expected to grow more than two-fold by 2028 expanding at a high CAGR during the projected period.
The brewer’s spent yeast is an abundant source of protein, vitamin, mainly vitamin B complex, as well as other ingredients such as beta-glucans, mono, and oligosaccharides that have a high value in the nutraceutical industry. The highly nutritious functionalities of the product and its applicability majorly in the feed industry are anticipated to continue driving its demand in the region during the forecast period.
Rising investments in R&D by the food supplement companies along with the rising popularity of brewer’s spent yeast in the food industry is expected to solidify growth prospects for the market in the forthcoming years. The market is highly fragmented with the presence of regional and international companies having contracts with local supplement producers.
Browse through Grand View Research's Animal Feed and Feed Additives Industry Research Reports.
- Amino Acids Market: The global amino acids market size was valued at USD 26.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% during the forecast period of 2022 to 2030.
- Aquafeed Market: The global aquafeed market was valued at USD 69.17 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2030.
Europe Brewer’s Spent Yeast Market Segmentation
Grand View Research has segmented the Europe brewer’s spent yeast market based on type, application, and region:
Europe Brewer’s Spent Yeast Type Outlook (Volume, Kilotons; Revenue, USD Thousand, 2017 - 2028)
- Dry
- Liquid
Europe Brewer’s Spent Yeast Application Outlook (Volume, Kilotons; Revenue, USD Thousand, 2017 - 2028)
- Feed Supplement
- Food Supplement
Europe Brewer’s Spent Yeast Regional Outlook (Volume, Kilotons; Revenue, USD Thousand, 2017 - 2028)
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
Key Companies profiled:
Some of the prominent players in operating in the Europe brewer’s spent yeast market are:
- Associated British Food plc
- Lesaffre
- Alltech
- Leiber GmbH
- Cargill, Incorporated
- AngelYeast Co., Ltd.
- Lallemand Inc.
- Nutreco N.V.
- Biomin; ADM
- KORMAPROM
Order a free sample PDF of the Europe Brewer’s Spent Yeast Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
