Fortified yeast Market Segmentation by Nature (Conventional, Instant, Organic), By Form (Tablet, Powder, Capsule, Flakes), By Application (Dietary Supplements, Personal Care, Food and Beverage, Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) – Industry Forecast 2024 to 2029

Updated On: January, 2024
ID: 13631
Pages: 150

Fortified Yeast Market Size (2024 To 2029)

The fortified yeast market was valued at USD xx million in 2023 and is expected to reach USD xx million by 2028, with a CAGR of xx% during the forecast period.

Yeast is a widespread ingredient that has been used for generations in baking and brewery and different fermentation processes. It comes in different forms and is used for different purposes. Nutritional yeast, fortified yeast, or nooch is a strand of Saccharomyces cerevisiae fungi that has been completely deactivated. The yeast undergoes a heating process to inactivate it, which is then stored and sold in packets. Fortified yeast has a high production value and is advantageous for its health benefits and light umami flavor. This yeast is sold in the form of flakes or granules, or powder form. In addition, yeast is famous for its cheesy and nutty flavor, adding a lot of flavor to several foods. Fortified yeast is grown on several sugar-filled mediums like whey, sugar beet, molasses, blackstrap, etc., and the yeast is heat treated, harvested, and then dried to be provided to consumers.

Fortified Yeast Market Drivers:

The fortified yeast market is growing due to its exceptional nutritional value and health benefits. The yeast is filled with vitamins, minerals, and antioxidants and highly benefits all healthy diets. Yeast is a source of vitamins like vitamins B11, B2, B6, B9, B12, Iron, Potassium, and Zinc; therefore, it helps balance digestion and helps reduce the symptoms of anemia. They are also suitable for preventing cancer, heart disease, and macular degeneration. Additionally, They help raise immunity levels in the body and help reduce cholesterol levels. Therefore, the several health benefits of yeast are supporting the growth of the fortified yeast market. Fortified yeast is also a good source of fiber. It helps reduce blood sugar levels, is a rich source of proteins, and helps maintain good muscle health, tissue generation, and nutrient absorption. In addition, studies have shown that fortified yeast has helped athletes in physical recovery as it helps reduce fatigue and gain energy. Therefore, the use of nutritional yeast by sportspersons also supports the growth of the fortified yeast market.

The growing vegan and vegetarian populations are also supporting the growth of the market. Vegan populations need a good source of nutrition in their diet as they avoid vital food sources for good health, like milk, eggs, cheese, and meat. Therefore, fortified yeast is an excellent substitute and a staple food for such people as it can be substituted for animal products and is very good for health. Additionally, nutritional yeast is also suitable for hair, skin, and nail growth, supporting the growth of the fortified yeast market in the beauty industry. Yeast that has been fortified with folic acid can be highly beneficial and is highly recommended for pregnant women. The several varieties of ways to use this yeast also support the growth of the fortified yeast market. This yeast can be used as a seasoning in casseroles, popcorn, salads, and pasta. They can also be used in soups, chili, or stews for their umami flavor and as thickening agents. They can also be helpful in vegan sauces and smoothies and even as an extra nutritional additive for your pet's food. It can be added to any food in small quantities for an excellent nutritional nutty flavor. When properly stored, this yeast has a long shelf life of up to 2 years, further supporting the fortified yeast market demand. The growing health concerned populations and investments in healthy foods as the preference shifts toward the market also support the growth of the fortified yeat market.

Fortified Yeast Market Restraints:

Even though fortified yeast is exceptionally beneficial to the body and rarely causes any side effects, some people who are on certain medications or are allergic to yeast may have some reactions. For example, it may lead to migraines and interfere with certain medications' functions. Therefore, ensuring you take yeast in limited quantities and are careful with whole consumption is a drawback for the fortified yeast market. Additionally, Fortified yeast can not be used in baking processes as it can lead to bitter and unpleasant bread.

Impact of covid-19 on the fortified yeast market:

The pandemic has had varied impacts on several markets. The fortified yeast market had a positive impact from the [andemic. Even though the production and transport systems of yeasts were on hold, and providing the consumers with goods was challenging, the fortified yeast market saw profits due to the pandemic. This growth was mainly due to the shift of the population toward healthy foods and looking for food that helps boost immunity, like nutritional yeast. In addition, the growing awareness regarding good food and health consciousness helped the growth of the fortified yeast market.

REPORT COVERAGE: 

 

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

4.01%

Segments Covered

By Nature, Form, Application, and Region. 

Various Analyses Covered

Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Angel Yeast Company Ltd, Alltech, Lallemand Inc. Lesaffre, Cypress Ingredients, Bioforce Canada Inc, Bob's Red Mill Natural Foods, NOW Foods, Kadac Pty LtdQuantum Nutrition Labs

  

This research report on the global Fortified yeast market has been segmented and sub-segmented based on nature, form, application, and region. 

Fortified yeast market - By Nature:

  • Conventional
  • Instant
  • Organic

The organic segment is expected to dominate the market during the forecast period due to consumers' preference for naturally derived GMO-free foods. Additionally, the growing market for clean-label foods and awareness regarding the disadvantages of additives and preservatives supports the growth of the segment.

The instant and conventional segments are also expected to support the fortified yeast market due to the growing busy lifestyles and the quick and easy usage of conventional foods. In addition, growing snack varieties in various supermarket isles also support the segment's growth.

Fortified yeast market - By Form:

  • Tablet
  • Powder
  • Capsule
  • Flakes

The Flakes and Powder segments are expected to dominate the market during the forecast period due to the convenience of using these forms. They can be easily used by sprinkling and garnishing on various foods like popcorn, salads, and pizzas and is also easy to be mixed with soups.

The capsule and tablet segment is expected to grow in the fortified yeast market due to the growing use of nutritional yeast as a health supplement for dieting.

Fortified yeast market - By Application:

  • Dietary Supplements
  • Personal Care
  • Food and Beverage
  • Others

The food and beverage segment is expected to dominate the fortified yeast market due to its wide application. In addition, the yeast's unique umami, cheesy and nutty flavor support its presence in the industry. Nutritional cheese is used in several snacks and is sprinkled on multiple foods to add extra flavor leading to segment growth.

The dietary supplements and personal care segment is also expected to have revenue in the fortified yeast market due to the growing awareness of its benefits and advantages for hair and skin health.

Fortified yeast market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • MEA

The North American region is expected to dominate the fortified yeast market due to the rising health-conscious populations and growing veganism. In addition, the region's high rates of chronic diseases are leading to the population shift toward healthier options leading to market growth. Furthermore, the growing vegan and vegetarian populations substituting fortified yeast in their foods for dairy products and cheese in countries like the US and Canada support market growth. Additionally, the rising cases f lactose intolerant and gluten allergens populations also support the growth of the fortified yeast market in the region. The presence of several key players also supports the market growth.

The fortified yeast market is also expected to grow in the European and Asia-Pacific. The market is growing in these regions due to growing disposable incomes, health awareness, and the rising use of yeast in animal feed, especially in countries like India, China, Japan, etc. In addition, the market is also growing due to using yeast as toppings and adding flavors to breakfasts in countries like Germany, The UK, France, Italy, etc.

KEY MARKET PLAYERS:

Key market players of fortified yeast market are Angel Yeast Company Ltd, Alltech, Lallemand Inc. Lesaffre, Cypress Ingredients, Bioforce Canada Inc, Bob's Red Mill Natural Foods, NOW Foods, Kadac Pty LtdQuantum Nutrition Labs

RECENT HAPPENINGS IN FORTIFIED YEAST MARKET:

  • February 14, 2023, BjornQorn, a popcorn company located in the Hudson Valley, is a vegan, non-GMO, and allergen-free popcorn producer. It is rising to even more fame in recent times. The popcorn uses cheese-like tasting vegan nutritional yeast to make the seasoning for its popcorn and is a leading brand in the industry, established in the 2000s. Bjorn Quenemoen, the brand's parent company, has since launched various flavors in the industry. It also plans to expand as the business is booming for the company. The business purchased several properties in November 2022 and aimed toward a good year.
  • In July 2022, Gnosis, a company by Lesaffre, one of the largest companies in the yeast production business, attempted to spotlight how the Red Star yeast can be substituted for salt in many cooking processes. The company emphasizes the benefits of vitamin B-fortified nutritional yeast/nooch in the place of common salt for a nice flakey texture and flavor. In addition, the company presented the idea as a healthier alternative to consuming sodium, as the populations know that consuming too much can harm the body.
  • In July 2022, "Because, animals," a pet food brand, launched its new nutritional yeast blend in pet supplement products. The blend is said to contain high nutritional value and is expected to help boost animal immunity. The company also released a new cat treats line with foods filled with nutritional fortified yeast in august of 2022. The company aims to release these nutritionally benefiting animal food lines consistently.
  • In December 2022, The Seed Ranch Flavour co. Affiliate company GrownAs* Food's launched a flavourful, eco-friendly vegan mac and cheese variety in classic and truffle flavors. The company uses several ingredients, including nutritional cheese, to make these boxes. This is the first ever wholly eco-friendly and vegan variety of packaging and food for mac and cheese.

 

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Frequently Asked Questions

1.What is fortified yeast, and how is it different from regular yeast?

Fortified yeast is a type of yeast that has been enriched with additional nutrients, vitamins, and minerals, beyond what is naturally present in traditional yeast. This enrichment process enhances its nutritional value and functional properties, making it a valuable ingredient in food and beverage products.

2.What nutrients are typically added to fortified yeast?

Common nutrients added to fortified yeast include B vitamins (such as B1, B2, B3, B6, and B12), folic acid, iron, zinc, calcium, and other micronutrients essential for human health. These added nutrients aim to address specific dietary deficiencies and provide health benefits to consumers.

3.What are the main applications of fortified yeast in the food industry?

Fortified yeast is used as a nutritional supplement and functional ingredient in various food and beverage products, including bread, baked goods, dairy alternatives, nutritional supplements, and savory products like soups and sauces. It enhances the nutritional profile of these products while contributing to flavor and texture.

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