Nutritional Yeast Market Poised for Robust Growth, Projected to Reach USD 894.07 Million by 2034

In a recently updated research report, FMI estimates that the nutritional yeast market is on track to reach a valuation of USD 257.38 million in 2024. Driven by evolving consumer preferences, key industry players are introducing multifunctional food and beverage products enriched with nutritional yeast, also known as deactivated yeast.

With a projected CAGR of 13.3%, the market is set to expand significantly, reaching USD 894.07 million by 2034. As businesses in the HORECA sector focus on enhancing the dining experience to attract more customers, the demand for deactivated yeast as a seasoning is expected to surge.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐓𝐨𝐝𝐚𝐲! https://www.futuremarketinsights.com/report-sample#5245502d47422d3130393138

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The global nutritional yeast market is witnessing significant growth, fueled by the increasing shift toward plant-based diets and the demand for sustainable protein sources. Nutritional yeast, a deactivated form of Saccharomyces cerevisiae, is a highly nutritious ingredient known for its rich content of protein, vitamins (especially B-complex), minerals, and antioxidants. As consumers seek functional and fortified foods, the demand for nutritional yeast is rising, particularly among vegans, vegetarians, and health-conscious individuals. Additionally, its application in various food products, including dairy alternatives, soups, sauces, and snacks, is expanding its market footprint.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬:
• The global nutritional yeast market is projected to experience significant growth driven by increasing vegan and vegetarian dietary trends.
• Growing awareness of the health benefits of nutritional yeast, including its rich protein, vitamin B12, and antioxidant content, is fueling market demand.
• North America and Europe dominate the market, with rapid expansion in the Asia-Pacific region due to rising plant-based food consumption.
• Major players in the market include Lesaffre (France), Lallemand Inc. (Canada), Angel Yeast Co. Ltd. (China), and Red Star Yeast (USA), among others.
• The rising adoption of clean-label food products and fortified foods is boosting the nutritional yeast market's expansion.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬:
1. Growing Popularity of Plant-Based Diets: The increasing number of individuals adopting vegetarian and vegan lifestyles has propelled the demand for nutritional yeast as a natural protein and vitamin source.
2. Rising Awareness of Nutritional Benefits: Consumers are increasingly recognizing the health benefits of nutritional yeast, such as its high fiber content, immune-boosting properties, and potential to lower cholesterol levels.
3. Expanding Use in Functional Foods & Supplements: Nutritional yeast is widely used in fortified foods and dietary supplements, catering to consumers seeking alternative sources of B vitamins and protein.
4. Clean Label & Natural Ingredient Trend: With the demand for minimally processed, non-GMO, and clean-label foods rising, nutritional yeast is gaining traction as a natural, additive-free ingredient.
5. Growth in Vegan Cheese & Dairy Alternatives: Nutritional yeast is a key ingredient in plant-based cheese, dips, and sauces, adding a cheese-like umami flavor without dairy.
6. Increasing Applications in Pet Food Industry: Nutritional yeast is also being incorporated into pet food due to its high protein and amino acid content, benefiting pet health and nutrition.

The nutritional yeast industry will continue expanding due to its versatility and high nutritional value. As demand for plant-based nutrition rises globally, companies investing in research and development of innovative nutritional yeast-based products will gain a competitive edge.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐍𝐨𝐰! https://www.futuremarketinsights.com/reports/nutritional-yeast-market

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐎𝐛𝐬𝐞𝐫𝐯𝐞𝐝 𝐛𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
• In February 2022, Bragg officially announced the launch of Flavored Nutritional Yeast Seasonings across the United States. The first flavored deactivated yeast to be introduced in the United States, Bragg's Flavored Nutritional Yeast Seasonings are expected to be available in two flavors, i.e., Smoky BBQ and Roasted Garlic.
• In March 2024, Foods Alive launched two new mixtures of deactivated yeast, Nacho and Zesty. This flavor-packed seasoning brings together the natural umami of deactivated yeast and their own herb-infused blend.
• In October 2023, Cult Food Science, a Canadian alt-protein platform, introduced vegan cat treats under its sub-brand Noochies. The latest addition utilizes the company's patented Bmmune deactivated yeast ingredient. Bmmune ingredient is a cultivated yeast and it is rich in polyphenols and postbiotic material.

𝐄𝐧𝐥𝐢𝐬𝐭𝐞𝐝 𝐁𝐞𝐥𝐨𝐰 𝐚𝐫𝐞 𝐒𝐨𝐦𝐞 𝐓𝐨𝐩 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
• Lessafre Group
• Angel Yeast
• Alltech
• AB Mauri
• The Archer Daniels Midland Company
• Chr. Hansen A/S
• Biomin
• Cargill Inc.
• Leiber GmbH
• Bragg Premium
• Others

𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐅𝐨𝐨𝐝 𝐈𝐧𝐠𝐫𝐞𝐝𝐢𝐞𝐧𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.futuremarketinsights.com/industry-analysis/functional-food-ingredients

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:
𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞:
• Flakes: The most commonly used form, ideal for seasoning and plant-based cheese applications.
• Powder: Used in soups, sauces, and as a protein supplement in meal replacement products.
• Granules: Often incorporated into dietary supplements and pet food for easy consumption.

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:
• Food & Beverages: Includes dairy alternatives, soups, sauces, snack seasonings, and plant-based protein products.
• Dietary Supplements: Used for vitamin B12 and protein enrichment in functional foods.
• Animal Feed & Pet Food: Incorporated as a nutrient-rich additive for livestock and pet nutrition.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
• North America: The region holds a major share due to high vegan population growth and increased demand for functional foods. The U.S. is a key market, with consumers actively seeking plant-based protein alternatives.
• Europe: The market in this region is expanding due to strong demand for organic and clean-label food products, with Germany, the U.K., and France leading consumption.
• Asia-Pacific: Rapid urbanization, changing dietary habits, and rising vegan food trends in countries like China, India, and Japan are driving growth.
• Latin America: Brazil and Mexico are emerging markets, with increasing awareness of plant-based protein sources.
• Middle East & Africa: The market is gradually expanding, with growing adoption of healthy diets and functional foods.

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This release was published on openPR.