New York City, NY: Jun 25, 2019 – Published via (Wired Release) – Brewer’s yeast is an ingredient which is used in the manufacture of beer and bread. This is made from Saccharomyces cerevisiae, a one-celled fungus. It is used as food supplement and feed supplement. Brewer’s yeast has various valuable nutrients such as vitamin B-complexes, proteins, and trace minerals among others, and addition of yeast to animal foods improves quality of feed and health of animals.
The global Brewer’s Yeast Market is estimated to value at nearly US$ 3.1 Bn in 2019, and is expected to register a CAGR of 8.5%.
Rising awareness among breeders and farmers and meat product consumers regarding nutrition and health of livestock, as well as rising preference for healthy food products among consumers is the major factor driving growth of the global brewer’s yeast market over the forecast period. In addition, increasing consumption of meat, ready-to-eat meat products, frozen meats, and dairy products globally is another major factor expected to drive the growth of the global market.
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Global Brewer’s Yeast Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global brewer’s yeast market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global brewer’s yeast market is expected to register a CAGR of 8.5 % during the forecast period.
Global Brewer’s Yeast Market: Segmental Snapshot
The market report has been segmented on the basis of product type, application, vertical and region. The product type segment includes dry yeast and liquid yeast. The application segment includes feed supplements and food supplements. The vertical segment includes industrial, pharmaceutical, brewing industries, and nutraceutical manufacturers. The region includes the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Product Type: The dry segment is expected to account major revenue share in the global market and is projected to register a CAGR of over 8.3% over the forecast period in the global market
By Application: The feed supplements segment is expected to register a CAGR of over 8.2% over the next 10 years
By Vertical: The industrial segment is expected to register a CAGR of over 8% over the next 10 years
By Region: The market in North America is expected to register a CAGR of over 8.2% in the global market
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Global Brewer’s Yeast Market: Competitive Analysis
The research report on the global Brewer’s Yeast market includes profiles of some of the major companies such as Rymco Pty Ltd, Cargill, Incorporated, Koninklijke DSM N.V., Anchor Yeast(pvt) Ltd, Gulf Brewer’s yeast LLC, Omega Laboratories, Inc., Lesaffre et Compagnie, SA, Oriental Yeast Co., Ltd., Saf Yeast Company Private Limited, and Archer Daniels Midland Company Associated British Food Plc.
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from Wired Release http://bit.ly/2YbUrSb
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