Nutritional Yeast Market
Nutritional Yeast Market By Product Type (Inactive Dry Yeast, Fortified Yeast, Revivable Yeast), By Nature (Organic, Conventional), By Form (Powder, Flakes, Tablets, Capsules), By Application, By Sales Channel, By Region - Global Forecast 2022 to 2032
Analysis of Nutritional Yeast market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Nutritional Yeast Market Outlook (2022 to 2032)
The global nutritional yeast market accounts for US$ 428.1 million at present and is anticipated to reach a market valuation of US$ 999.5 million by the end of 2032. High market expansion is because worldwide consumption of nutritional yeast is predicted to surge ahead at a CAGR of 8.8% between 2022 and 2032.
Rising veganism trend across the world is expected to drive more demand for plant-based protein products, and the low availability of a variety of these products is expected to drive the sales of nutritional yeast-based food products.
| Report Attributes | Details |
|---|---|
| Nutritional Yeast Market Size (2022E) | US$ 428.1 Million |
| Forecasted Market Value (2032F) | US$ 999.5 Million |
| Global Market Growth Rate (2022 to 2032) | 8.8% CAGR |
| North America Market Share (2022) | 24.5% |
| Europe Market Share (2022) | 35% |
| Key Companies Profiled | AB Mauri; Nutreco; Archer Daniels Midland; Lessafre Group; Cargill Incorporated; Associated British Food (ABF); AB Vista; Alltech; Angel Yeast; Oriental Yeast. |
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Nutritional Yeast Consumption Analysis (2017 to 2021) Vs. Market Growth Forecasts (2022 to 2032)
Nutritional yeast is an important ingredient in a plant-based or vegan diet as it is a rich protein source. The yeast is obtained by growing it on molasses, just like it’s done for bread and beer.
Increasing awareness of the benefits of nutritional yeast such as fat-free, gluten-free, low calories, sugar-free, etc., is expected to drive nutritional yeast sales over the coming years.
Rising focus on health and fitness is expected to favour nutritional yeast market potential. Increasing prevalence of lifestyle diseases and disorders is also anticipated to promote the adoption of fortified nutritional yeast in people’s diets. Organic nutritional yeast is anticipated to be highly popular over the coming years.
Nutritional yeast popcorn is anticipated to witness a rise in popularity as a healthy snack among vegans across the world. Increasing prevalence of food allergies, gluten intolerance, and lactose intolerance is projected to drive substantial demand for nutritional yeast powder in the years ahead.
The global market for nutritional yeast is predicted to expand at a noteworthy CAGR of 8.8% over the next ten years (2022 to 2032).
What’s Augmenting Nutritional Yeast Market Growth across Regions?
“Market Benefiting from Growing Number of Vegans, Worldwide”
Veganism has emerged as one of the most popular food trends over the past few years and is expected to gain further popularity going forward as well. Vegans follow a string plant-based diet, and since plant-based protein sources are limited, the addition of nutritional yeast to vegan food products increases their protein content.
Vegan yeast is anticipated to see high demand across the world over the coming years.
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What Could New Entrants Do to Gain a Prominent Market Share?
“Start-ups Could Focus on Development & Launch of Novel Vegan Food Products”
- In July 2022, Katharos, a start-up based in India, announced the launch of a one-of-a-kind vegan cheese. The new cheddar and mozzarella blocks of cheese are made from watermelon seeds, nutritional yeast, potato starch, and other natural ingredients.
Aspiring manufacturers of nutritional yeast can explore its use in such products and create new products that could disrupt the market and help them gain a significant market share.
Apart from this, start-ups in the market can focus on creating innovative vegan products that could take the nutrition of nutritional yeast to a different flavor profile, to stand out from the competition.
Which Regions Will Provide Attractive Opportunities for Nutritional Yeast Suppliers?
“Europe Leads Global Nutritional Yeast Consumption Predicted to Be Rewarding Market”
Currently, the Europe nutritional yeast market accounts for sales of US$ 150 million and a major market share of 35% in the global landscape.
Rising inclination of consumers towards vegan and plant-based foods is anticipated to be a major factor driving nutritional yeast demand in the region.
Germany, France, and the United Kingdom are projected to be the most lucrative markets in Europe across the forecast period.
The market for nutritional yeast in North America holds a share of 24.5% in 2022 and accounts for a valuation of US$ 104.9 million.
Increasing popularity of veganism, rising demand for plant-based products, and growing awareness of food allergies are factors driving the shipments of nutritional yeast in the region.
The United States and Canada are projected to be the most notable markets in the North American region over the coming years owing to rising demand for plant-based foods.
The Asia Pacific region is projected to witness a steady rise in demand for nutritional yeast as the popularity of veganism increases and more individuals turn towards plant-based diets.
The China nutritional yeast market accounts for a value of US$ 35.1 million in 2022 and a market share of 8.2%. Increasing adoption of vegan and plant-based food by the millennial population in the country is expected to drive nutritional yeast consumption.
This new research by Fact.MR, a market research and competitive intelligence provider, has provided a detailed regional analysis of all current and forecasted market trends for the global nutritional yeast industry.
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Competitive Landscape
Nutritional yeast manufacturers are focusing on launching new products with different flavors to diversify their offerings and increase their sales potential over the coming years.
- In February 2022, Bragg, a leading name in the food industry since 1912, announced the launch of its new flavored nutritional yeast seasonings in the U.S. market. Roasted garlic and smoky BBQ are the two new flavors that have been launched to further strengthen its sales across the country.
- In May 2021, Because, Animals, a company focused on making plant-based pet food, announced the launch of a new flavor - Pumpkin Noochies - to its dig cookies lineup. These cookies are made using nutritional yeast, pumpkin, barley, applesauce, and other natural ingredients.
Key Segments Covered in Nutritional Yeast Industry Research
-
By Product Type :
- Inactive Dry Yeast
- Fortified Nutritional Yeast
- Revivable Yeast
-
By Nature :
- Organic
- Conventional
-
By Form :
- Powder
- Flakes
- Tablets
- Capsules
- Others
-
By Application :
- Food & Beverages
- Bakery & Confectionery
- Beverages
- Functional Foods
- Dietary Supplements
- Personal Care
- Animal Feed
- Others
-
By Sales Channel :
- Online Sales
- Offline Sales
- Modern Trade
- Specialty Stores
- Departmental Stores
- Other Sales Channels
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Market Context
- 6. Global Market - Pricing Analysis
- 7. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
- 8.1. Inactive Dry Yeast
- 8.2. Fortified Nutritional Yeast
- 8.3. Revivable Yeast
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Nature
- 9.1. Organic
- 9.2. Conventional
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Form
- 10.1. Powder
- 10.2. Flakes
- 10.3. Tablets
- 10.4. Capsules
- 10.5. Others
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Application
- 11.1. Food & Beverages
- 11.2. Bakery & Confectionery
- 11.3. Beverages
- 11.4. Functional Foods
- 11.5. Dietary Supplements
- 11.6. Personal Care
- 11.7. Animal Feed
- 11.8. Others
- 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Sales Channel
- 12.1. Online Sales
- 12.2. Offline Sales
- 12.3. Other Sales Channels
- 13. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia
- 13.6. Oceania
- 13.7. Middle East and Africa (MEA)
- 14. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. Rest of the World Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. Key and Emerging Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. AB Mauri
- 20.2. Nutreco
- 20.3. Archer Daniels Midland
- 20.4. Lessafre Group
- 20.5. Cargill Incorporated
- 20.6. Associated British Food (ABF)
- 20.7. AB Vista
- 20.8. Alltech
- 20.9. Angel Yeast
- 20.10. Oriental Yeast
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
Table 02: Global Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
Table 03: Global Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
Table 04: Global Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
Table 05: Global Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
Table 06: Global Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application Age Group
Table 07: Global Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
Table 08: North America Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 09: North America Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
Table 10: North America Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
Table 11: North America Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
Table 12: North America Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
Table 13: North America Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
Table 14: Europe Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 15: Europe Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
Table 16: Europe Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
Table 17: Europe Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
Table 18: Europe Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
Table 19: Europe Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
Table 20: Middle East and Africa Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 21: Middle East and Africa Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
Table 22: Middle East and Africa Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
Table 23: Middle East and Africa Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
Table 24: Middle East and Africa Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
Table 25: Middle East and Africa Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
Table 26: Rest of the World Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
Table 27: Rest of the World Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Form
Table 28: Rest of the World Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature
Table 29: Rest of the World Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
Table 30: Rest of the World Market Size (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032
Figure 02: Global Market Absolute $ Opportunity, 2022 to 2032
Figure 03: Global Market Share Analysis (%), By Product Type, 2022 & 2032
Figure 04: Global Market Y-o-Y Analysis (%), By Product Type, 2022 to 2032
Figure 05: Global Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 06: Global Market Share Analysis (%), By Nature, 2022 & 2032
Figure 07: Global Market Y-o-Y Analysis (%), By Nature, 2022 to 2032
Figure 08: Global Market Attractiveness Analysis By Nature, 2022 to 2032
Figure 09: Global Market Share Analysis (%), By Form, 2022 & 2032
Figure 10: Global Market Y-o-Y Analysis (%), By Form, 2022 to 2032
Figure 11: Global Market Attractiveness Analysis By Form, 2022 to 2032
Figure 12: Global Market Share Analysis (%), By Application, 2022 & 2032
Figure 13: Global Market Y-o-Y Analysis (%), By Application, 2022 to 2032
Figure 14: Global Market Attractiveness Analysis By Application, 2022 to 2032
Figure 15: Global Market Share Analysis (%), By Sales Channel, 2022 & 2032
Figure 16: Global Market Y-o-Y Analysis (%), By Sales Channel , 2022 to 2032
Figure 17: Global Market Attractiveness Analysis, By Sales Channel, 2022 to 2032
Figure 18: Global Market Share Analysis (%), By Application Age Group, 2022 & 2032
Figure 19: Global Market Y-o-Y Analysis (%), By Application Age Group, 2022 to 2032
Figure 20: Global Market Attractiveness Analysis By Application Age Group, 2022 to 2032
Figure 21: Global Market Share Analysis (%), By Region, 2022 & 2032
Figure 22: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2032
Figure 23: Global Market Attractiveness Analysis, By Region, 2022 to 2032
Figure 24: North America Market Value Share, By Product Type, 2022 (E)
Figure 25: North America Market Value Share, By Forms 2022 (E)
Figure 26: North America Market Value Share, By Nature, 2022 (E)
Figure 27: North America Market Value Share, By Application, 2022 (E)
Figure 28: North America Market Value Share, By Sales Channel, 2022 (E)
Figure 29: North America Market Value Share, By Country, 2022 (E)
Figure 30: North America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032
Figure 31: North America Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 32: North America Market Attractiveness Analysis By Form, 2022 to 2032
Figure 33: North America Market Attractiveness Analysis By Nature, 2022 to 2032
Figure 34: North America Market Attractiveness Analysis By Application, 2022 to 2032
Figure 35: North America Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 36: North America Market Attractiveness Analysis By Country, 2022 to 2032
Figure 37: Europe Market Value Share, By Product Type, 2022 (E)
Figure 38: Europe Market Value Share, By Forms 2022 (E)
Figure 39: Europe Market Value Share, By Nature, 2022 (E)
Figure 40: Europe Market Value Share, By Application, 2022 (E)
Figure 41: Europe Market Value Share, By Sales Channel, 2022 (E)
Figure 42: Europe Market Value Share, By Country, 2022 (E)
Figure 43: Europe Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032
Figure 44: Europe Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 45: Europe Market Attractiveness Analysis By Form, 2022 to 2032
Figure 46: Europe Market Attractiveness Analysis By Nature, 2022 to 2032
Figure 47: Europe Market Attractiveness Analysis By Application, 2022 to 2032
Figure 48: Europe Market Attractiveness Analysis By Nature, 2022 to 2032
Figure 49: Europe Market Attractiveness Analysis By Country, 2022 to 2032
Figure 50: Middle East and Africa Market Value Share, By Product Type, 2022 (E)
Figure 51: Middle East and Africa Market Value Share, By Form, 2022 (E)
Figure 52: Middle East and Africa Market Value Share, By Nature, 2022 (E)
Figure 53: Middle East and Africa Market Value Share, By Application, 2022 (E)
Figure 54: Middle East and Africa Market Value Share, By Sales Channel, 2022 (E)
Figure 55: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 56: Middle East and Africa Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032
Figure 57: Middle East and Africa Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 58: Middle East and Africa Market Attractiveness Analysis By Form, 2022 to 2032
Figure 59: Middle East and Africa Market Attractiveness Analysis By Nature, 2022 to 2032
Figure 60: Middle East and Africa Market Attractiveness Analysis By Application, 2022 to 2032
Figure 61: Middle East and Africa Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 62: Middle East and Africa Market Attractiveness Analysis By Country, 2022 to 2032
Figure 63: Rest of the World Market Value Share, By Product Type, 2022 (E)
Figure 64: Rest of the World Market Value Share, By Forms 2022 (E)
Figure 65: Rest of the World Market Value Share, By Nature, 2022 (E)
Figure 66: Rest of the World Market Value Share, By Application, 2022 (E)
Figure 67: Rest of the World Market Value Share, By Sales Channel, 2022 (E)
Figure 68: Rest of the World Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032
Figure 69: Rest of the World Market Attractiveness Analysis By Product Type, 2022 to 2032
Figure 70: Rest of the World Market Attractiveness Analysis By Form, 2022 to 2032
Figure 71: Rest of the World Market Attractiveness Analysis By Nature, 2022 to 2032
Figure 72: Rest of the World Market Attractiveness Analysis By Application, 2022 to 2032
Figure 73: Rest of the World Market Attractiveness Analysis By Sales Channel, 2022 to 2032
Figure 74: U.S. Market Value Share, By Product Type, 2022 & 2032
Figure 75: U.S. Market Value Share, By Form, 2022 & 2032
Figure 76: U.S. Market Value Share, By Nature, 2020 &2030
Figure 77: U.S. Market Value Share, By Application Age Group, 2022 & 2032
Figure 78: U.S. Market Value Share, By Sales Channel, 2022 & 2032
Figure 79: U.S. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 80: Canada Market Value Share, By Product Type, 2022 & 2032
Figure 81: Canada Market Value Share, By Form, 2022 & 2032
Figure 82: Canada Market Value Share, By Nature, 2022 & 2032
Figure 83: Canada Market Value Share, By Application Age Group, 2022 & 2032
Figure 84: Canada Market Value Share, By Sales Channel, 2022 & 2032
Figure 85: Canada Market Value Analysis (US$ Mn), 2022 & 2032
Figure 86: U.K. Market Value Share, By Product Type, 2022 & 2032
Figure 87: U.K. Market Value Share, By Form, 2022 & 2032
Figure 88: U.K. Market Value Share, By Nature, 2022 & 2032
Figure 89: U.K. Market Value Share, By Application Age Group, 2022 & 2032
Figure 90: U.K. Market Value Share, By Sales Channel, 2022 & 2032
Figure 91: U.K. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 92: Germany Market Value Share, By Product Type, 2022 & 2032
Figure 93: Germany Market Value Share, By Form, 2022 & 2032
Figure 94: Germany Market Value Share, By Nature, 2022 & 2032
Figure 95: Germany Market Value Share, By Application Age Group, 2022 & 2032
Figure 96: Germany Market Value Share, By Sales Channel, 2022 & 2032
Figure 97: Germany Market Value Analysis (US$ Mn), 2022 & 2032
Figure 98: France Market Value Share, By Product Type, 2022 & 2032
Figure 99: France Market Value Share, By Form, 2022 & 2032
Figure 100: France Market Value Share, By Nature, 2022 & 2032
Figure 101: France. Market Value Share, By Application Age Group, 2022 & 2032
Figure 102: France Market Value Share, By Sales Channel, 2022 & 2032
Figure 103: France Market Value Analysis (US$ Mn), 2022 & 2032
Figure 104: Italy Market Value Share, By Product Type, 2022 & 2032
Figure 105: Italy Market Value Share, By Form, 2022 & 2032
Figure 106: Italy Market Value Share, By Nature, 2022 & 2032
Figure 107: Italy Market Value Share, By Application Age Group, 2022 & 2032
Figure 108: Italy Market Value Share, By Sales Channel, 2022 & 2032
Figure 109: Italy Market Value Analysis (US$ Mn), 2022 & 2032
Figure 110: Spain Market Value Share, By Product Type, 2022 & 2032
Figure 111: Spain Market Value Share, By Form, 2022 & 2032
Figure 112: Spain Market Value Share, By Nature, 2022 & 2032
Figure 113: Spain Market Value Share, By Application Age Group, 2022 & 2032
Figure 114: Spain Market Value Share, By Sales Channel, 2022 & 2032
Figure 115: Spain Market Value Analysis (US$ Mn), 2022 & 2032
Figure 116: GCC Countries Market Value Share, By Product Type, 2022 & 2032
Figure 117: GCC Countries Market Value Share, By Form, 2022 & 2032
Figure 118: GCC Countries Market Value Share, By Nature, 2022 & 2032
Figure 119: GCC Countries Market Value Share, By Application, 2022 & 2032
Figure 120: GCC Countries Market Value Share, By Sales Channel, 2022 & 2032
Figure 121: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2032
Figure 122: South Africa Market Value Share, By Product Type, 2022 & 2032
Figure 123: South Africa Market Value Share, By Form, 2022 & 2032
Figure 124: South Africa Market Value Share, By Nature, 2022 & 2032
Figure 125: South Africa Market Value Share, By Application Age Group, 2022 & 2032
Figure 126: South Africa Market Value Share, By Sales Channel, 2022 & 2032
Figure 127: South Africa Market Value Analysis (US$ Mn), 2022 & 2032
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What valuation does the nutritional yeast market enjoy?
Currently, the global nutritional yeast market stands at US$ 428.1 million value.
How big will the nutritional yeast market be by 2032?
By 2032, the market for nutritional yeast is expected to be valued at US$ 999.5 million.
At what CAGR is demand for nutritional yeast expected to rise?
Consumption of nutritional yeast is anticipated to surge at 8.8% CAGR through 2032.
What is the market value for North America?
The North America nutritional yeast market is valued at US$ 104.9 million.
Nutritional Yeast Market