PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1517349
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1517349
Global Brewer's Spent Yeast Market is valued approximately at USD 1.46 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.83% over the forecast period 2024-2032. Brewer's spent yeast (BSY) is a by-product of the beer brewing process, collected after the completion of the fermentation stage. Comprising primarily of Saccharomyces cerevisiae, BSY retains numerous proteins, vitamins, and micronutrients, rendering it valuable for diverse applications outside the brewing industry. Rising demand for sustainable and cost-effective animal feed, coupled with increasing health consciousness among consumers seeking natural dietary supplements, is bolstering the proliferation of brewer's spent yeast. Moreover, technological advancements in processing and the growing trend of craft breweries have significantly enhanced market expansion. However, stringent regulatory frameworks governing food and feed safety, along with challenges in storage and transportation due to the perishable nature of the product, may impede market growth. Notwithstanding these challenges, potential applications in biotechnological research and innovation in processing technologies are expected to create lucrative opportunities for the brewer's spent yeast market.
The Brewer's Spent Yeast Market is segmented based on type, category, and application. The dry form of brewer's spent yeast is widely preferred due to its long shelf life and ease of storage and transportation. On the other hand, the liquid form, with its nutrient-rich content, finds applications in animal feeds and human food additives. Primary spent yeast, sourced from the bottom fermentation stage, is valued for its high purity and vitality, making it ideal for applications requiring a cleaner yeast profile. Secondary spent yeast, collected during later stages of the brewing process, contains more beer-related by-products and is chosen for its additional flavors and unique applications in industries such as agriculture and specialty fermentations.
Brewer's spent yeast is utilized in various applications, including biofuel production, biotechnological processes, biosorption agents, fermentation substrates, feed supplements, food supplements, and medical products. Its high carbohydrate and lipid content make it suitable for biofuel production, while its nutrient-rich profile renders it an economical feed supplement for livestock. Additionally, brewer's spent yeast is recognized for its health benefits, making it a valuable human food supplement. Each application leverages the unique properties of brewer's spent yeast, emphasizing sustainability and value addition to by-products.
The Americas region leads the market for brewer's spent yeast, driven by its application in animal feed and food industries. In the EMEA region, stringent regulations and a strong focus on the circular economy have fostered a fertile environment for developing spent yeast as a value-added product. The Asia-Pacific region exhibits rapid growth potential due to the expanding beer industry, increasing demand for protein-rich animal feed, and rising health consciousness among consumers.