Mineral Yeast Market Outlook 2024 to 2034
The global mineral yeast market is estimated to register a valuation of USD 79.2 million in 2024, accelerating with a CAGR of 10.3% from 2024 to 2034. The demand for mineral yeast is anticipated to have reached USD 211.25 million.
Industries such as food and beverage, dietary supplements, and pharmaceuticals are widely adopting mineral yeast for alcoholic beverages and disease management. With innovative products and an overall rising demand for yeast products, the mineral yeast market is flourishing.
Mineral Yeast Market Trends
- Due to its potential immune-boosting properties, there is an increasing demand for zinc yeast in functional foods and beverages.
- Growing adoption of calcium yeast in animal feed for improved bone health and overall livestock wellness.
- The use of selenium yeast in cosmetics and skin care products is getting popular due to its antioxidant and skin-protective properties.
- The increasing market size of magnesium yeast and other mineral yeast variations in dietary supplements to satisfy the different nutritional needs.
- Iron yeast being used in horticulture to reduce iron deficiencies in crops.
- Growing consumer awareness of the benefits of mineral yeast increases demand in the health and wellness sector.
- Customizable yeast formulas are becoming more common for personalized medicine and healthcare solutions.
- As consumers become more health-conscious, manufacturers are motivated to develop and promote mineral yeast products. For example, yeast manufacturers are introducing zinc yeast supplements, capitalizing on zinc's immune-boosting properties.
- Manufacturers are using the zinc yeast’s nutritional value and showing it as a natural and bioavailable source of important minerals and nutrients as a response to the growing market trend. This aligns with the consumer’s demand for functional and healthy products, thus increasing the sales.
- Consumers are demanding natural and bioavailable sources of nutrients which has led them to mineral yeast which offers them the nutritional benefits and an option to add it in various products. The rise in the number of consumers becoming health-conscious is the key factor for the popularity and growth in the market of mineral yeast.
| Attributes |
Key Insights |
| Estimated Market Size (2024E) |
USD 79.2 million |
| Projected Market Value (2034F) |
USD 211.25 million |
| Value-based CAGR (2024 to 2034) |
10.3% |
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2019 to 2024 Global Mineral Yeast Sales Outlook Compared to Demand Forecast from 2024 to 2034
The mineral yeast sales recorded a growth of 7.8% from 2019 to 2024. For the next ten years, the market for mineral yeast is forecast to progress at 10.3% CAGR.
Increased consumer awareness, dietary preference shifts, product formulation advancements, and expanding applications across industries are likely to drive the demand for mineral yeast. Factors like health and wellness trends, regulatory challenges, and technological advancements are also likely to challenge the market's growth.
The demand forecast shows market growth fueled by consumers putting more focus on health and well-being. The expected trend in the market is that the market will expand to more geographical regions tapping new regions. Forecasted drivers of the market are advancements in R&D, innovation in product formulations, and its applications. The manufacturers are using various strategies such as adding new variety in the product lines, partnerships to increase the strength of the distribution network, and investing in technologies that improve production efficiency.
Country-wise Insights
| Countries |
CAGR |
| United States |
10.3% |
| United Kingdom |
4.7% |
| China |
6.7% |
| India |
8.0% |
| Japan |
9.4% |
Increasing Consumption of Functional Food Boosts Mineral Yeast Sales in China
The market is expected to grow at a CAGR of 6,7% in China. Some of the key factors leading to growth are:
- Functional foods have gained a good amount of popularity among the health-conscious consumers of China. Mineral yeast fits well with the demand for natural and bioavailable sources of nutrients.
- There is now a better awareness among Chinese consumers of the need for a balanced diet. Mineral yeast, being naturally beneficial, rides on this trend. Marketing campaigns and education about the specific minerals found in yeast and their health benefits are major drivers in the perceptions that consumers form and have resulted in sales.
- What makes mineral yeast a highly sought-after ingredient is its ability to be used in various foods and beverages. The food industry has also helped the growth in demand for mineral yeast in China by responding to consumers’ choices and making new formulations to fulfill them.
Growing Popularity of Plant-based Yeast Driving Mineral Yeast Demand in the United States
The United States mineral yeast industry is poised to exhibit a CAGR of 10.3% during the assessment period. Key factors leading to the growth of mineral yeast in the country are:
- What makes mineral yeast a highly demanded ingredient is its ability to be used in various foods and beverages. The food industry has also helped the growth in demand for mineral yeast in China by responding to consumers’ choices and making new formulations to fulfill them.
- Plant-based mineral yeast has found widespread applications across various segments of the food and beverage industry, particularly in the formulation of plant-based meat alternatives, dairy substitutes, and other vegetarian and vegan products. Its versatility allows manufacturers to fortify these plant-based products with essential minerals that are challenging to obtain from a strictly plant-derived diet.
Increasing Usage of Mineral Yeast in Animal Feed Boosting Sales in India
The mineral yeast market in India is expected to progress at a CAGR of 8.0%. Some of the reasons for the healthy growth of the market in the country are:
- The increasing usage of mineral yeast in animal feed has become a significant driver behind the rising sales of this nutritional supplement in India. As the country experiences growth in its livestock and poultry industries, there is a growing recognition of the importance of optimizing animal nutrition for improved health, growth, and productivity.
- The livestock and feed producers of India are becoming aware of the benefits of adding mineral yeast into feed to increase the nutritional value of the animals’ diets. This is specific for the regions where the soil and hay lack some minerals. The addition of mineral yeast in feed not only improves the health of the animal but also improves the quality of meat, milk, and eggs.
Use of Mineral Yeast in Cosmetics Bolstering the Market in the United Kingdom
The market is anticipated to register a CAGR of 4.7% in the United Kingdom. Some of the reasons for the growth of the market in the country are:
- As customers in the United Kingdom demand more plant-based ingredients in cosmetics, mineral yeast is an ingredient being used by manufacturers.
- With beauty product demand ever-increasing in the United Kingdom, mineral yeast is benefitting as one of the ingredients used.
Ever-lasting Popularity of Bread Ensures the Growth of the Mineral Yeast Market in Japan
The market is anticipated to register a CAGR of 9.4% in Japan. Some of the reasons for the growth of the market in the country are:
- As one of the primary food ingredients using mineral yeast, bread is an essential part of the market. With bread consumption in Japan not contracting, the country serves as a bastion for the mineral yeast market.
- With the average age in Japan rising, healthy food ingredients like mineral yeast are experiencing enhanced demand.
Category-wise Insights
Mineral Yeast in Food and Beverages is Dominating the Market
The food and beverages segment is anticipated to thrive at 5.3% CAGR during the projection period. Some of the factors the industry finds increasing application for mineral yeast are:
- Mineral yeast, being a natural source of essential minerals, aligns with the prevailing health and wellness trends, and consumers are actively seeking products that offer nutritional benefits beyond basic sustenance. This has led to the integration of mineral yeast into a diverse range of food and beverage formulations, including bakery products, dairy alternatives, functional beverages, and snacks.
- Mineral yeast can be easily integrated into a great number of foods without compromising taste and texture. Additionally, its addition increases the nutritional value of foods, hence has become as a very promising ingredient among chefs and food innovators. Mineral yeast is a natural and bioavailable mineral source, and its applicability to such foodstuffs as baked goods, plant-based substitutes, and functional beverages appeals to both the manufacturer and consumer.
Increase in the Profile of Selenium Leads to the Popularity of Selenium Yeast
Selenium yeast is expected to register a CAGR of 6.7% from 2024 to 2034. Factors contributing to the growth of the yeast are:
- Individuals seeking to enhance their selenium intake, particularly in regions where soil selenium levels may be low, turn to selenium yeast as a reliable and bioavailable source.
- Functional food and beverages have played a very important role in increasing the demand for selenium yeast. Manufacturers are fortifying various food products with selenium yeast such as baked goods, dairy alternatives, and beverages making options for consumers to choose from. The addition of selenium yeast fits well with the trend of functional ingredients adding more nutritional benefits to the food.
- There has been a rise in the application of selenium yeast in the animal nutrition industry. Selenium as a mineral is necessary for livestock and poultry for their optimal growth, reproduction and preventing diseases. The addition of selenium yeast in animal feed formulations can provide a natural and bioavailable source of selenium for the animals promoting their health and well-being.
Competitive Landscape
Leading mineral-enriched yeast manufacturers and suppliers are constantly launching a new range of products to meet consumer demand. They are also using strategies such as mergers and acquisitions, partnerships, distribution agreements, collaborations, advertisements, and celebrity endorsements to gain a competitive edge in the market.
Recent Development
- In 2022, Angel Yeast, the internationally listed producer of yeast and yeast extract, displayed a wide range of cutting-edge solutions at FIC 2022 in Guangzhou, along with its recent products, fermentation ingredients, and health compounds.
- In 2020, Innova Fit, Novozymes' yeast technology, has been released. According to the firm, it removes production limitations brought on by basic and traditional yeasts.
Key Companies in the Digital Pharmacy Market
- SCETI K.K.
- LALLEMAND Inc.
- AB Biotek Human Nutrition & Health
- Angel Yeast Co., Ltd.
- Chaitanya Agro Biotech Pvt. Ltd.
- Leiber GmbH (Germany)
- Kerry Group (Ireland)
- Levex
- Gnosis by Lesaffre
- Simco Organics
- Biospringer by Lesaffre
- DöhlerGroup
- Algist Bruggeman
- Kenko Corporation
- Bio Fermen Private Limited
Frequently Asked Questions
How Big is the Global Mineral Yeast Industry?
The mineral yeast market is estimated to reach a valuation of about USD 79.2 million in 2024.
What is the Growth Projection for the Mineral Yeast Market by 2034?
The global market value is projected to reach USD 211.2 million by 2034.
At What Rate Is Demand for Mineral Yeast Expected to Increase?
The demand for mineral yeast is expected to increase at a rate of 10.3% through 2034.
What is the Market Forecast for Mineral Yeast in India?
The market is expected to progress at a CAGR of 8.0% in India over the forecast period.
What was the Historical CAGR for the Mineral Yeast Market?
The sales of mineral yeast registered a CAGR of 7.8% from 2019 to 2023.
