Vitamin Yeast Market Forecast by Single and Multivitamin Yeast Products from 2024 to 2034
Vitamin Yeast Market Outlook from 2024 to 2034
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
Consumers are becoming more conscious of ingredient lists. Products with minimal and natural ingredients, including yeast-derived vitamins, are gaining significant traction.
The rise of e-commerce and online retail channels increases availability and acceptance among all vitamin-consuming customers.
Vitamin yeast is an important source of B vitamins, particularly B12. Increasing knowledge about the same is estimated to continue sales of nutritional yeast as a supplement or food ingredient.
Yeast-derived vitamins find applications in athletic nutrition products. Thus, individuals seeking energy and performance enhancement are also the target customers of vitamin yeast manufacturers.
Advances in microbial biotechnology contribute to more efficient methods of producing yeast-derived vitamins. Thereby enhancing the scope of the vitamin yeast market.
Growing consumer alertness of the health benefits of yeast-derived vitamins is anticipated to drive the incorporation of yeast-based ingredients into functional foods and beverages.
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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2019 to 2024 Global Vitamin Yeast Sales Outlook Compared to Demand Forecast from 2024 to 2034
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:
Consumers who demand added synthetic vitamins to maximize their nutritional intake are inclined toward fortified vitamin yeast.
Vitamin yeast is easily available at the spice and condiment department or in bulk baskets of food retailers, normally packaged in a shaker, bag, or plastic container.
The adaptability of vitamin yeast to accommodate any diet or eating style is adding to its popularity among deliberate consumers. Its qualities, like gluten-free, fat-free, sugar-free, and plant-based, afford it a high adaptability quotient.
Vitamin Yeast Market Regional Analysis
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%
Health and Wellness Trends Contributing to Rising Uptake of Vitamin Yeast in the United States
The surging demand for the vitamin yeast market in the United States can be attributed to the prevailing health and wellness trends.
Growing knowledge among the masses that consuming vitamin yeast is good for weight loss activities. Vitamin yeast promotes weight loss on account of its high-protein content and low-calorie, both of which lead to faster satiety and appetite control.
As individuals become more aware of their dietary choices and search for functional foods, the vitamin yeast market experiences a boost as a versatile ingredient that can be easily assimilated into various food and beverage products, meeting the growing demand for nutritional enrichment in the United States market.
Market Scope of Vitamin Yeast in the United Kingdom
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:
End-use industries are reaping the benefits of multiple uses of nutritional yeast. Some of these benefits include a strong immune system, enhancing dermatological health, and supporting pregnant women.
Consumers are increasingly prioritizing nutritional supplements and natural sources of vitamins, recognizing the importance of a balanced diet for overall well-being. Vitamin yeast, a rich source of B-complex vitamins, minerals, and proteins, aligns with these preferences, offering a natural and bioavailable alternative to synthetic supplements.
Increased Health Consciousness Driving Vitamin Yeast Demand in China
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.
The escalating demand for vitamin yeast in China is primarily driven by a heightened focus on health consciousness among consumers. With a growing understanding of the significance of vitamins in maintaining optimal health, individuals in China are actively seeking nutritional solutions, and vitamin yeast has emerged as a preferred choice.
Recognized for its natural and bioavailable form of essential vitamins, vitamin yeast aligns with the evolving preferences of consumers who prioritize holistic well-being. The surge in demand is indicative of a broader trend where proactive health management and the adoption of natural, functional foods are becoming integral to the lifestyles of the Chinese population.
Wonders of Vitamin Yeast Catching up in India Market
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:
Increasing acknowledgment of this nutritional yeast as a miracle food owing to its low-fat, high-protein, nutrient-dense content is going a long way in enhancing its sales outlook.
Ongoing research and development activities to investigate the potential benefits of consuming vitamin yeast as well as to develop new and efficient production processes of vitamin yeast are raising the market’s value.
Purchases of Vitamin Yeast to Consistently Rise in Japan
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:
Consumers find the taste of food products containing vitamin yeast delectable. This, along with the versatile usage of vitamin yeast, is increasing its purchase rate to add to various healthful dishes.
Vitamin yeast is considered a biological platform to facilitate vitamin D production. This potential application is expected to be exploited in the future to lower the level of vitamin D deficiency in humans.
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Category-wise Insights
Single Vatimin Yeast product to maintain their leading position in the Vitamin Yeast Market
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.
Single vitamin yeast products are a popular choice because of this tailored approach, which gives consumers the ability to customize their nutritional intake. Consumers usually seek specific vitamins to address health concerns or deficiencies, and single vitamin yeast products offer a efficient way to fulfill these requirements.
The simplicity and clarity of single vitamin yeast product appeal to consumer who prefer a clear understanding of the nutritional benefits.
Growing Demand for Enhanced Nutritional Profiles in Food and Beverages
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.
Consumers are placing a higher priority on their health and wellness. The manufacturers of food and beverages are looking for creative ways to add important nutrients to their products. As a naturally occurring and easily available source of many vitamins, vitamin yeast is an useful addition to a variety in food and beverage products.
Vitamin yeast meets customer demands for natural and useful ingredients. The need of vitamin yeast is rising because consumers are looking for healthier food options, and vitamin yeast is crucial for satisfying these demands of consumers.
Competitive Landscape
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
In May 2023, Great Britain approved Lalmin Vita D vitamin D yeast developed by Lallemand to be used in more categories. This company is now happily delivering its vitamin D range to Scotland, Wales, and England. The firm claims that manufacturers who are searching for natural, sustainable, and non-animal sources of vitamin D can greatly benefit from their ingredients.
In January 2024, the Performance Lab launched novel dietary supplements that offer better absorption capabilities. With the addition of a total of nine single nutrients, the availability of nutrition technology has greatly enhanced among the general public. The micronutrients introduced in the growth medium contain brewer’s yeast and botanicals.
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Prominent Players in the Vitamin Yeast Market
Now Foods
Amway
Urban Platter
Bragg
Desire
Sharrets Nutrition
Namo Organics
Others
Table of Content
1. Executive Summary
2. Market Overview
3. Market Background
4. Global Market - Pricing Analysis
5. Value Chain Analysis
6. Global Market Size in Value (USD million) and Volume (MT) Analysis 2019 to 2023 and Forecast, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Vitamin Composition
7.1. Single Vitamin Yeast Products
7.2. Multivitamin Yeast Products
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Claim
8.1. Organic
8.2. NON GMO
8.3. Gluten-Free
8.4. Other
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
9.1. Food & Beverages
9.2. Dietary Supplements
9.3. Pharmaceuticals
9.4. Others (Aquaculture, Sports Nutrition)
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
10.1. North America
10.2. Latin America
10.3. Europe
10.4. East Asia
10.5. South Asia
10.6. Oceania
10.7. Middle East & Africa
11. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
12. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034
18. Country-level Market Analysis, 2024
19. Market Structure Analysis
20. Competition Analysis
20.1. Now Foods
20.2. Amway
20.3. Urban Platter
20.4. Bragg
20.5. Desire
20.6. Sharrets Nutrition
20.7. Namo Organics
21. Assumption & Acronyms
22. Research Methodology
Vitamin Yeast Market by Category
By Vitamin Composition:
Single Vitamin Yeast Products
Multivitamin Yeast Products
By Application:
Food and Beverages
Dietary Supplements
Pharmaceuticals
Others (Aquaculture, Sports Nutrition)
By Product Claim:
Organic
Non-GMO
Gluten-free
Other
By Region:
North America
The Middle East and Africa
Asia Pacific
Europe
Latin America
Frequently Asked Questions
How Big is the Global Vitamin Yeast Industry?
The vitamin yeast market is estimated to reach a valuation of about USD 66.7 million in 2024.
What is the Anticipated Rate of Growth for the Global Vitamin Yeast Market By 2034?
The global vitamin yeast market value is projected to reach USD 148.0 million by 2034.
At What Rate Is Demand for Vitamin Yeast Expected to Increase?
Global vitamin yeast demand is expected to increase at a CAGR of around 8.3% through 2034.
Which Region is Expected to Hold a Prominent Market Share By 2034?
North America is expected to have a share of 21.4% by the end of 2034.
What Was the Historical CAGR for the Vitamin Yeast Market?
The market for vitamin yeast registered a CAGR of 7.7% from 2019 to 2023.