The global brewer yeast powder market was valued at $2,763 million in 2020, and the market is anticipated to reach $4,693m by the end of 2030. According to the study, the market will show a steady rise at 5.4 per cent CAGR between 2020 and 2030. According to the report, the increasing demand for healthy food and beverages along with the dietary supplements will fuel the growth. The report compromises an in-depth synopsis of the brewer yeast powder market, covering the fundamental dynamics. It uses exclusive research techniques to deliver the most accurate analysis of the market.
It includes in-depth insights into the brewer yeast powder market. Some of these are:
- The estimated value of the market was at $2,763mn in 2020.
- North America and Europe will remain constant as key markets for brewer yeast powder market.
- Beverage category is expected to remain dominant application.
- Key producers are likely to emphasis on innovations in product portfolio to stay prominent in developed markets.
“The rising demand for brewer yeast in food and beverage industry across the globe is the key factor that is driving the brewer yeast powder market. Furthermore, the demand for various types of brewer yeast such as instant brewer’s yeast, fresh brewer yeast and dry brewer yeast is rising because of the health benefits they offer,” said an analyst at FMI.