Global Nutritional Yeast Market Size By Product Type (Inactivated Dry Yeast, Fortified Yeast), By Application (Food Industry, Beverage Industry, Nutrition), By Nature (Organic, Conventional), By Geographic Scope And Forecast

Nutritional Yeast Market Size And Forecast

Nutritional Yeast Market size was valued at USD 193.36 Million in 2024 and is projected to reach USD 445.6 Million by 2031, growing at a CAGR of 8.8% during the forecast period 2024-2031.

Increased the demand for nutritional yeast as it has benefits such as low calories sugar-free, fat-free and gluten-free, and rich in vitamins including vitamin B12, all these factors are contributing to the growth of the Nutritional Yeast Market. The Global Nutritional Yeast Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Nutritional Yeast Market Definition

Nutritional Yeast is a form of deactivated yeast, which is usually made from Saccharomyces cerevisiae strains. These are produced on either beet or cane molasses which is picked, rinsed, and then let dry with heat, which is used to destroy or deactivate it forming nutritional yeast. A deactivated form of yeast is nutritional yeast with no leavening properties. The market growth of the Nutritional Yeast Market has a positive impact by increasing demand for caloric, low sodium, gluten-free, fat-free, and sugar-free properties.

Global Nutritional Yeast Market Overview

What's really fueling the growth of the nutritional yeast market? Well, more and more people are going vegetarian or vegan, and everyone's becoming much more health-conscious. This is driving up demand for nutritional yeast, especially since it's got so many perksit's low in calories, sugar-free, fat-free, and gluten-free! Plus, it's packed with vitamins, like vitamin B12. All this good stuff is making the Nutritional Yeast Market really take off. On top of that, in both emerging and developed countries, lifestyles are changing, and unfortunately, that's led to a rise in diseases like cardiovascular problems, chronic illnesses, and diabetes. These conditions are much more common now than in the past. It's a crucial time for people to really think about their lifestyles and understand the possible consequences.

Consumers have become health conscious and seeking substitutes, this has fueled the growth of this market. Moreover, organic food products are in trend and this has provided an opportunity for the Nutritional Yeast Market as organic nutritional yeast is expected to have significant growth due to its advantages such as chemical-free additives and artificial flavors, low in sodium and rich in minerals. These factors will have a positive impact on the market.

Global Nutritional Yeast MarketSegmentation Analysis

The Global Nutritional Yeast Market is Segmented on the basis of Product Type, Application, Nature, And Geography.

Nutritional Yeast Market, By Product Type

• Inactivated Dry Yeast
• Fortified Yeast
• Revivable Yeast

Based on Product Type, The market is segmented into Inactivated Dry Yeast, Fortified Yeast, and Revivable Yeast. Inactivated Dry Yeast is majorly used by vegans as there has been an increased trend of vegans in North America and other regions, it is expected that the inactivated dry yeast segment will show tremendous growth during the forecasted period.

Nutritional Yeast Market, By Application

• Food Industry
• Beverage Industry
• Nutrition
• Feed

Based on Application, The market is segmented into Food Industry, Beverage Industry, Nutrition, and Feed. The food Industry is estimated to hold the largest share in the forecasted period because nutritional yeast is a rich taste enhancer and now it has become a regular ingredient in vegetarian cuisine. Due to its cheesy flavor and texture nutrition yeast has become a key component in vegan food.

Nutritional Yeast Market, By Nature

• Organic
• Conventional

Based on Nature, The market is segmented into Organic and Conventional. The Health benefits of organic food have attracted many consumers, though organic food is expensive people are still accepting organic food. Organic Nutritional Yeast is majorly used in soups, salads, and popcorn and it is free from any chemical additives and artificial tastes. Organic Nutritional Yeast is expected to dominate the market in the forecasted period due to its health benefits and more people preferring organic than conventional.

Nutritional Yeast Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, The Global Nutritional Yeast Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is estimated to dominate the Nutritional Yeast Market due to the increasing trend of veganism in this region. The percentage of the vegan population has increased in the US over the last decade and is expected that it will increase more in the upcoming years, the key factor contributing to the growth of this market is that in the U.S. people are replacing a meat diet with any vegan substitute.

Key Players

The “Global Nutritional Yeast Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Kothari Fermentation and Biochem Ltd, ABF ingredients, Biomin, Angel Yeast, Bob’s Red Mill, Cargill Inc., Nutreco, Alltech and Pacific Ethanol.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• April 2021 – Willow Bioscienced Inc. extended the usage of yeast stains to produce THC, the final product is going to be offered to the Canadian Markets.
• January 2022 – Canadian Biosystems, a developer of advanced yeast announced that they will enter into US market. They announced this with the launch of CBS America which will support the expansion of the company within the market of US.

Report Scope

Research Methodology of Market Research

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Reasons to Purchase this Report

We dive deep into the market, looking at both the numbers and the less tangible stuff, breaking it down into segments based on all sorts of factors. You'll get the market value (in USD Billion!) for each and every one of those segments and sub-segments. We'll even point out which region and segment are likely to be the fastest growing and which will be the biggest. Our analysis covers the market by geography, showing where the product/service is being used and what's influencing the market in each area. We also size up the competition, ranking the big players and highlighting their new launches, partnerships, expansions, and acquisitions over the last five years. You'll get detailed company profiles with overviews, insights, product comparisons, and SWOT analyses for all the major market players. Plus, we'll give you our take on the current and future market, looking at recent developments, growth opportunities, what's driving things forward, and the challenges and restraints in both emerging and developed regions. We even include an in-depth look at the market through Porter's five forces and give you insight through the Value Chain. Expect a full rundown of market dynamics, along with predictions for growth opportunities in the coming years, and to top it off, we're offering 6 months of post-sales analyst support!

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