The brewer’s spent yeast market is projected to grow from a size of $1.46 billion in 2023 to reach $2.17 billion (£1.75bn) by 2030, at a CAGR of 5.83%, new research shows.

The figures steam from a new report titled “Brewer’s Spent Yeast Market by Type (Dry, Liquid), Category (Primary Spent Yeast, Secondary Spent Yeast), Application – Global Forecast 2024-2030” from 360iResearch.com.

According to the report, the rise of sustainable and cost-effective alternatives in the animal feed industry has led to the innovative use of brewer’s spent yeast (BSY), a nutrient-rich by-product of the brewing process, as a critical ingredient in livestock diets.

It added: “This shift is driven by BSY’s high protein content, essential for animal growth, and its rich composition of B vitamins, selenium, and zinc bolsters animal health. Furthermore, BSY’s β-glucans and mannooligosaccharides enhance immune function and promote gut health, making it an exceptional functional feed additive.

“Adopting BSY reduces feed production costs by leveraging this readily available brewing by-product and aligns with circular economy values by repurposing waste into valuable resources, thereby minimizing environmental impact.

“The continued exploration and integration of BSY in animal feed signify a promising trend toward sustainable agricultural practices, contributing to a greener planet and a more resource-efficient feed industry.”

The research added that the key players in the Brewer’s Spent Yeast Market include Archer-Daniels-Midland Company, Nutreco N.V., Alltech, Inc., Royal DSM, AngelYeast Co., Ltd., and others.