The Latin America, Middle East and Africa Brewer’s Yeast Market would witness market growth of 11.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 235.4 Kilo Tonnes, showcasing a growth of 13.0% (2023-2030).
The ongoing need for innovative and sustainable alternative proteins drives Brewer's yeast demand. The growing need for yeast proteins is met by technological advancements in the brewer's yeast industry. Proteins make up between 35 and 60 percent of the dry weight of yeast. Yeast proteins have a lot of potential as alternative proteins because of their perfect amino acid composition. Brewer's yeast extract contains yeast proteins that can be hydrolyzed to create yeast peptides, which are used as meat extenders, fining agents, and protein supplements.
Moreover, brewer's yeast has found applications beyond brewing and nutrition. It is increasingly being explored in the fields of biotechnology and pharmaceuticals. Brewer's yeast serves as a valuable platform for the production of biofuels, pharmaceuticals, and industrial enzymes due to its well-characterized genetics and metabolic capabilities. Innovations in bioprocessing and genetic engineering are expanding the potential uses of brewer's yeast in these industries.
In both the Middle East and Latin America, tourism has become a key driver for the beverages industry. The diverse preferences of tourists, coupled with the desire for authentic cultural experiences, have increased demand for a wide variety of beverages, contributing to the growth and expansion of the beverages sector in these regions.
Traditional and indigenous foods often heavily influence the food industry in this region. Local cuisines and traditional dishes are vital to the market. The alcohol and food industries in the LAMEA region often intersect in culinary tourism, with the pairing of local dishes and beverages being a significant attraction for tourists. Regional alcoholic beverages are often promoted alongside local cuisines, contributing to the regional identity and attracting local and international consumers. Therefore, the region presents lucrative growth prospects for the regional market.
The Brazil market dominated the LAMEA Brewer’s Yeast Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $257.4 million by 2030. The Argentina market is showcasing a CAGR of 12.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 11.3% during (2023 - 2030).
Based on Product, the market is segmented into Dry, and Liquid. Based on Application, the market is segmented into Food Supplements, and Feed Supplements. Based on countries, the market is segmented into Brazil, Argentina, UAE, Egypt, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Brewer's Yeast Market is Projected to reach USD 11.7 Billion by 2030, at a CAGR of 10.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Associated British Foods PLC, Leiber GmbH, Lallemand, Inc., Archer Daniels Midland Company, Chr. Hansen Holding A/S, Lesaffre Group, White Labs Inc., Cargill, Incorporated, Kerry Group plc, and LAFFORT.
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
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