Global Nutritional Yeast Market: Market Outlook
Nutritional yeast is a deactivated form of yeast, typically derived from strains of Saccharomyces cerevisiae. Nutritional yeast is formed when S. cerevisiae, which is grown on either cane or beet molasses, is harvested, washed, and then dried with heat to kill or “deactivate” it. Therefore, since nutritional yeast is a deactivated form of yeast, it does not have any leavening abilities. Increasing demand for nutritional yeast for its calories and low sodium, fat-free, gluten-free and sugar-free benefits is directly influencing the growth of nutritional yeast market. Rapid inclination towards vegan lifestyle as well as a vegetarian and growing number of the health-conscious population are the key factors backing the growth of the nutritional yeast market. Rising consumption of food products with low fat and carbohydrate content on the coattail high prevalence of lifestyle-related diseases is likely to bode well with the growth of the global nutritional yeast market. The increasing awareness regarding the diseases related to meat such as swine flu and, bird flu there has been a surge in the demand for meatless products and vegetable proteins which is expected to improve the growth prospects of the global nutritional yeast market. Nutritional yeast is also a useful supplement for people with food allergies or sensitiveness, for those who are lactose- and gluten-intolerant, and even for those on a restricted diet.
Global Nutritional Yeast Market: Market Dynamics
Nutritional yeast has become a staple ingredient in vegetarian cuisine as it is a rich flavor enhancer. The consumers who avoid dairy-based products are preferred nutritional yeast as a vital ingredient in vegan cuisine due to its cheesy flavor and texture. The changing climatic conditions, busy work schedules, and the changing food trends are the key growth influencer of the global nutritional yeast market. People rave about the nutty, cheesy, creamy, “umami” taste of nutritional yeast. Vegans, especially, love nutritional yeast for its close resemblance to cheese, often using it as a substitute in cheese sauces, mashed potatoes, casseroles, soups, etc. Nutritional yeast is also delicious in scrambled eggs, stir-fry, pasta, and on popcorn and others. The nutritional yeast becoming a best alternative solution in the food industry, with its health benefits including energy booster, support immune system, promotes hair, nail, skin, and health, support to improve glucose sensitivity and support a healthy pregnancy and many other health benefits. Nutritional yeast contains a good amount of protein, calories, fiber, vitamins, potassium calcium and many other nutritional components. The nutritional yeast market is expected to register healthy growth in upcoming years.
Global Nutritional Yeast Market: Market Segmentation
In terms of type, the global nutritional yeast market has been segmented as,
In terms of application, the global nutritional yeast market has been segmented as,
In terms of distribution channel, the global nutritional yeast market has been segmented as,
In terms of Region, the global nutritional yeast market has been segmented as,
Global Nutritional Yeast Market: Key Players
Some of the key players engaged in the global nutritional yeast market are, Cargill Inc., Nutreco, Archer Daniels Midland Company, Chr. Hansen, Leiber GmbH, Pacific Ethanol, Kothari Fermentation and Biochem Ltd., Alltech, ABF Ingredients, Biomin, Lesaffre, Lallemand, Angel Yeast, Bob’s Red Mill, Bragg Premium, and others. These key players are focused on developing new and innovative yeast, and to increase application ratio for the food industry in the global nutritional yeast market
Opportunities for the key players in the global Nutritional Yeast market
The global population is in search of a new and healthy source of food products which can fulfill their nutritional requirements healthily and naturally. Nutritional yeast is becoming the best alternative solution for the consumers as a dietary and nutritional supplement and it is becoming popular across the globe. Organic nutritional yeast is trending in today’s nutritional yeast market owing to the many health benefits and purity. North America is the leading region for nutritional yeast market owing to the rising number of vegetarians and veganism the consumers are inclining towards nutritional yeast products which driving the growth of the nutritional yeast market. Emerging economies in the Asia Pacific region are expected to create huge opportunities for the global nutritional yeast market. Europe, Latin America, and the Middle East and Africa also have a developing market for the key players in the global nutritional yeast market.