The size of the global vitamin yeast market is projected to increase from USD 66.7 million in 2024 to USD 148.0 million by 2034. Vitamin yeast sales are anticipated to grow at a promising 8.3% over the next ten years.
Key Trends Popularising the Consumption of Vitamin Yeast in the Market
The food industry and dietary supplements extensively utilize yeast as a valuable source of essential nutrients, especially B vitamins, because it is a type of fungus. The nutritional appeal of yeast is enhanced by its protein and mineral content, among other vitamins.
Yeast-based vitamins serve as a dietary supplement for those looking to fulfill their daily nutritional needs. These vitamins, specifically B vitamins, are essential for maintaining energy metabolism, neurological functions, and overall health.
Many individuals who follow plant-based diets find yeast supplements, which often contain fortified vitamin B12, to be a convenient way to obtain this important nutrient typically found in animal products. The increasing focus on comprehensive well-being has led to an uptick in incorporating nutritional yeast into daily recipes.
Attributes | Key Insights |
---|---|
Estimated Global Vitamin Yeast Market Size (2024E) | USD 66.7 million |
Projected Vitamin Yeast Market Value (2034F) | USD 148.0 million |
Value-based CAGR (2024 to 2034) | 8.3% |
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According to a recent market analysis, vitamin yeast sales grew at a rate of 7.7% from 2019 to 2024. For the next ten years, the market for vitamin yeast is estimated at 8.3% CAGR.
Some common factors that are expected to remain instrumental in the growth of vitamin yeast over the next decade as well are as follows:
North America and the Asia Pacific are the notable markets for vitamin yeast. Several governments are coming up with promising initiatives and giving the needed support to raise the market value of vitamin yeast across these regions.
Country-wise Insights
Countries | CAGR |
---|---|
United States | 5.7% |
United Kingdom | 4.2% |
China | 8.3% |
India | 6.9% |
Japan | 5.9% |
The surging demand for the vitamin yeast market in the United States can be attributed to the prevailing health and wellness trends.
The consumption of vitamin yeast in the United Kingdom is projected to register a CAGR of 4.2% through 2034. Key factors that are instrumental in the market’s growth are as follows:
The vitamin yeast industry is poised to exhibit a CAGR of 8.3% during the forecast period. For the present year, 2024, the market value of vitamin yeast is assessed to reach USD 66.7 million.
Revenue generated from the sales of vitamin yeast in India is projected to surge at a CAGR of 6.9% over the forecast period. The following factors shed a bright light on current market dynamics:
The manufacturers of vitamin yeast operating in Japan are expected to benefit from the market expansion at a CAGR of 5.9% through 2034. The top factors that push sales of vitamin yeast in Japan are:
Single vitamin yeast products are preferred over other yeast types due to their ability to provide targeted nutritional content. These products are specifically formed to contain higher concentrations of a particular vitamin, to meet demand of nutritional supplementation.
The demand for vitamin yeast in the food and beverages is increasing due to its capability to enhance nutritional profiles in the variety of products.
Vitamin Yeast is a widely used component in a wide range of products, including food goods, cosmetics, and animal feed. Therefore, numerous producers and new companies are investing in the vitamin yeast market. While some of these companies specialize in the cultivation and processing of vitamin yeast, others create novel products that benefit from their unique properties.
Due to this, a variety of vitamin yeast-based products, including snacks and skin care products, have been announced to the market. Leading producers are also investing in products based on vitamin yeast to meet the rising demand for plant-based alternatives.
Market Research by FMI Analysts Spotlights Vitamin Yeast Industry Innovation
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The vitamin yeast market is estimated to reach a valuation of about USD 66.7 million in 2024.
The global vitamin yeast market value is projected to reach USD 148.0 million by 2034.
Global vitamin yeast demand is expected to increase at a CAGR of around 8.3% through 2034.
North America is expected to have a share of 21.4% by the end of 2034.
The market for vitamin yeast registered a CAGR of 7.7% from 2019 to 2023.
1. Executive Summary
1.1. Global Yeast Vitamin Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Market Background
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market trends by Region
3.5. Forecast Factors - Relevance & Impact
3.6. Regulations and Policies
4. Global Yeast Vitamin Market - Pricing Analysis
4.1. Price Point Assessment by Region
4.1.1. Manufacturer Level Pricing
4.1.2. Distributor Level Pricing
4.2. Price Point Assessment by Vitamin Composition
4.3. Price Forecast till 2033
5. Value Chain Analysis
5.1. Operating margins at each node of supply chain
5.2. List of Active Market Participants
6. Global Yeast Vitamin Market Size in Value (US$ million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034
6.1. Historical Market Size in Value (US$ million) and Volume (MT) Analysis, 2019 to 2023
6.2. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis, 2024 to 2034
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Global Yeast Vitamin Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Vitamin Composition
7.1. Introduction / Key Findings
7.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Vitamin Composition, 2019 to 2023
7.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Vitamin Composition, 2024 to 2034
7.3.1. Single Vitamin Yeast Products
7.3.2. Multivitamin Yeast Products
7.4. Market Attractiveness Analysis by Vitamin Composition
8. Global Yeast Vitamin Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Claim
8.1. Introduction / Key Findings
8.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Product Claim, 2019 to 2023
8.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Product Claim, 2024 to 2034
8.3.1. Organic
8.3.2. NON GMO
8.3.3. Gluten - Free
8.3.4. Other
8.4. Market Attractiveness Analysis by Product Claim
9. Global Yeast Vitamin Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
9.1. Introduction / Key Findings
9.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Application, 2019 to 2023
9.3. Current and Future Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Application, 2024 to 2034
9.3.1. Food & Beverages
9.3.2. Dietary Supplements
9.3.3. Pharmaceuticals
9.3.4. Others (Aquaculture, Sports Nutrition)
9.4. Market Attractiveness Analysis by Application
10. Global Yeast Vitamin Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
10.1. Introduction
10.2. Historical Market Size in Value (US$ million) and Volume (MT) Analysis by Region, 2019 to 2023
10.3. Current Market Size in Value (US$ million) and Volume (MT) Analysis and Forecast by Region, 2024 to 2034
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. East Asia
10.3.5. South Asia
10.3.6. Oceania
10.3.7. Middle East & Africa
10.4. Market Attractiveness Analysis by Region
11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
11.1. Introduction
11.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
11.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
11.3.1. by Country
11.3.1.1. United States
11.3.1.2. Canada
11.3.2. by Vitamin Composition
11.3.3. by Product Claim
11.3.4. by Application
11.4. Market Attractiveness Analysis
11.4.1. by Country
11.4.2. by Vitamin Composition
11.4.3. by Product Claim
11.4.4. by Application
11.5. Key takeaways
12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
12.1. Introduction
12.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
12.3. Market Size (US$ million) and Volume (MT) Forecast by Market Taxonomy, 2024 to 2034
12.3.1. by Country
12.3.1.1. Brazil
12.3.1.2. Mexico
12.3.1.3. Argentina
12.3.1.4. Rest of Latin America
12.3.2. by Vitamin Composition
12.3.3. by Product Claim
12.3.4. by Application
12.4. Market Attractiveness Analysis
12.4.1. by Country
12.4.2. by Vitamin Composition
12.4.3. by Product Claim
12.4.4. by Application
12.5. Key takeaways
13. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Introduction
13.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
13.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
13.3.1. by Country
13.3.1.1. Germany
13.3.1.2. United Kingdom
13.3.1.3. France
13.3.1.4. Italy
13.3.1.5. Spain
13.3.1.6. BENELUX
13.3.1.7. Nordic
13.3.1.8. Russia
13.3.1.9. Poland
13.3.1.10. Rest of Europe
13.3.2. by Vitamin Composition
13.3.3. by Product Claim
13.3.4. by Application
13.4. Market Attractiveness Analysis
13.4.1. by Country
13.4.2. by Vitamin Composition
13.4.3. by Product Claim
13.4.4. by Application
13.5. Key takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
14.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
14.3.1. by Country
14.3.1.1. China
14.3.1.2. Japan
14.3.1.3. South Korea
14.3.2. by Vitamin Composition
14.3.3. by Product Claim
14.3.4. by Application
14.4. Market Attractiveness Analysis
14.4.1. by Country
14.4.2. by Vitamin Composition
14.4.3. by Product Claim
14.4.4. by Application
14.5. Key takeaways
15. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
15.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
15.3.1. by Country
15.3.1.1. India
15.3.1.2. Thailand
15.3.1.3. Malaysia
15.3.1.4. Indonesia
15.3.1.5. Vietnam
15.3.1.6. Philippines
15.3.1.7. Singapore
15.3.1.8. Rest of South Asia
15.3.2. by Vitamin Composition
15.3.3. by Product Claim
15.3.4. by Application
15.4. Market Attractiveness Analysis
15.4.1. by Country
15.4.2. by Vitamin Composition
15.4.3. by Product Claim
15.4.4. by Application
15.5. Key takeaways
16. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
16.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
16.3.1. by Country
16.3.1.1. Australia
16.3.1.2. New Zealand
16.3.2. by Vitamin Composition
16.3.3. by Product Claim
16.3.4. by Application
16.4. Market Attractiveness Analysis
16.4.1. by Country
16.4.2. by Vitamin Composition
16.4.3. by Product Claim
16.4.4. by Application
16.5. Key takeaways
17. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Historical Market Size (US$ million) and Volume(MT) Trend Analysis by Market Taxonomy, 2019 to 2023
17.3. Market Size (US$ million) and Volume(MT) Forecast by Market Taxonomy, 2024 to 2034
17.3.1. by Country
17.3.1.1. GCC Countries
17.3.1.2. Turkeye
17.3.1.3. Egypt
17.3.1.4. South Africa
17.3.1.5. Rest of MEA
17.3.2. by Vitamin Composition
17.3.3. by Product Claim
17.3.4. by Application
17.4. Market Attractiveness Analysis
17.4.1. by Country
17.4.2. by Vitamin Composition
17.4.3. by Product Claim
17.4.4. by Application
17.5. Key takeaways
18. Country-level Market Analysis, 2024
18.1. United States Market Analysis
18.1.1. by Vitamin Composition
18.1.2. by Product Claim
18.1.3. by Application
18.2. Canada Market Analysis
18.2.1. by Vitamin Composition
18.2.2. by Product Claim
18.2.3. by Application
18.3. Brazil Market Analysis
18.3.1. by Vitamin Composition
18.3.2. by Product Claim
18.3.3. by Application
18.4. Mexico Market Analysis
18.4.1. by Vitamin Composition
18.4.2. by Product Claim
18.4.3. by Application
18.5. Argentina Market Analysis
18.5.1. by Vitamin Composition
18.5.2. by Product Claim
18.5.3. by Application
18.6. Germany Market Analysis
18.6.1. by Vitamin Composition
18.6.2. by Product Claim
18.6.3. by Application
18.7. United Kingdom Market Analysis
18.7.1. by Vitamin Composition
18.7.2. by Product Claim
18.7.3. by Application
18.8. France Market Analysis
18.8.1. by Vitamin Composition
18.8.2. by Product Claim
18.8.3. by Application
18.9. Italy Market Analysis
18.9.1. by Vitamin Composition
18.9.2. by Product Claim
18.9.3. by Application
18.10. Spain Market Analysis
18.10.1. by Vitamin Composition
18.10.2. by Product Claim
18.10.3. by Application
18.11. BENELUX Market Analysis
18.11.1. by Vitamin Composition
18.11.2. by Product Claim
18.11.3. by Application
18.12. Nordic Market Analysis
18.12.1. by Vitamin Composition
18.12.2. by Product Claim
18.12.3. by Application
18.13. Russia Region Market Analysis
18.13.1. by Vitamin Composition
18.13.2. by Product Claim
18.13.3. by Application
18.14. Poland Market Analysis
18.14.1. by Vitamin Composition
18.14.2. by Product Claim
18.14.3. by Application
18.15. China Market Analysis
18.15.1. by Vitamin Composition
18.15.2. by Product Claim
18.15.3. by Application
18.16. Japan Market Analysis
18.16.1. by Vitamin Composition
18.16.2. by Product Claim
18.16.3. by Application
18.17. South Korea Market Analysis
18.17.1. by Vitamin Composition
18.17.2. by Product Claim
18.17.3. by Application
18.18. India Market Analysis
18.18.1. by Vitamin Composition
18.18.2. by Product Claim
18.18.3. by Application
18.19. Thailand Market Analysis
18.19.1. by Vitamin Composition
18.19.2. by Product Claim
18.19.3. by Application
18.20. Malaysia Market Analysis
18.20.1. by Vitamin Composition
18.20.2. by Product Claim
18.20.3. by Application
18.21. Indonesia Market Analysis
18.21.1. by Vitamin Composition
18.21.2. by Product Claim
18.21.3. by Application
18.22. Vietnam Market Analysis
18.22.1. by Vitamin Composition
18.22.2. by Product Claim
18.22.3. by Application
18.23. Philippines Market Analysis
18.23.1. by Vitamin Composition
18.23.2. by Product Claim
18.23.3. by Application
18.24. Singapore Market Analysis
18.24.1. by Vitamin Composition
18.24.2. by Product Claim
18.24.3. by Application
18.25. Australia Market Analysis
18.25.1. by Vitamin Composition
18.25.2. by Product Claim
18.25.3. by Application
18.26. New Zealand Market Analysis
18.26.1. by Vitamin Composition
18.26.2. by Product Claim
18.26.3. by Application
18.27. GCC Countries Market Analysis
18.27.1. by Vitamin Composition
18.27.2. by Product Claim
18.27.3. by Application
18.28. Turkey Market Analysis
18.28.1. by Vitamin Composition
18.28.2. by Product Claim
18.28.3. by Application
18.29. Egypt Market Analysis
18.29.1. by Vitamin Composition
18.29.2. by Product Claim
18.29.3. by Application
18.30. South Africa Market Analysis
18.30.1. by Vitamin Composition
18.30.2. by Product Claim
18.30.3. by Application
19. Market Structure Analysis
19.1. Global Market Competition - a Dashboard View
19.2. Industry Structure Analysis
19.2.1. % tier 1 market players
19.2.2. % tier 2 market players
19.2.3. % tier 3 market players
19.3. Global Market Company Share Analysis
19.3.1. For Tier 1 Market Players, 2024
19.3.2. Company Market Share Analysis of Top 5 Players, by Region
19.4. Key Participants Market Presence (Intensity Mapping) by Region
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. Now Foods
20.3.1.1. Product Portfolio
20.3.1.2. Product Claim
20.3.1.3. Revenue by Market Segments (Product/Channel/Region)
20.3.1.4. Sales Footprint
20.3.1.5. Strategy Overview
20.3.1.5.1. Marketing Strategy
20.3.1.5.2. Product Strategy
20.3.1.5.3. Channel Strategy
20.3.1.6. SWOT Analysis
20.3.2. Amway
20.3.3. Urban Platter
20.3.4. Bragg
20.3.5. Desire
20.3.6. Sharrets Nutrition
20.3.7. Namo Organics
21. Assumption & Acronyms
22. Research Methodology
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