The global yeast nucleotides market is anticipated to rise from USD 146.7 million in 2023 to USD 278.0 million in 2033. It is likely to surge at a noteworthy CAGR of 6.6% over the next ten years from 2023 to 2033.
One of the primary drivers of increased yeast nucleotide demand is growing awareness and importance of nutrition & health among millennials worldwide. As people become more conscious about their well-being, they are actively seeking products that offer nutritional benefits. Yeast nucleotides, known for their potential positive impact on human health, might emerge as a sought-after ingredient in the food & beverage sector.
Another significant factor fueling demand is ongoing expansion of the food & beverage sector. The sector is continuously evolving, with a focus on innovation and providing unique experiences to modern consumers.
Yeast nucleotides, being versatile ingredients, find extensive applications in the development of a wide range of products. A few of these include savory snacks, soups, sauces, seasonings, and more. Increasing number of new product launches and need to differentiate in a competitive market are driving demand for yeast nucleotides.
For instance, in March 2023, introduction of Instant Chicken Bone Broth Soup Base Powder was announced by Z Natural Foods. With this natural product, consumers might benefit from bone broth's health advantages in the most practical way possible.
Rising disposable income and changing lifestyles of the global population have further contributed to growing demand for convenience foods. Busy schedules and a preference for quick & easy meal options have led to an upsurge in the consumption of processed and ready-to-eat foods.
Yeast nucleotides play a crucial role in enhancing the flavor, aroma, and sensory appeal of these convenience foods. They help in making such food items more appealing to consumers.
Demand for yeast nucleotides is not limited to the food & beverage sector alone. The pharmaceutical sector has also recognized potential benefits of these ingredients in various formulations.
Yeast nucleotides are known to possess immune-enhancing properties and are used in the development of therapeutic & nutritional supplements. As healthcare systems worldwide focus on preventive measures and holistic well-being, demand for these ingredients in the pharmaceutical sector is witnessing a significant upswing.
Globalization of trade and increased connectivity has resulted in expansion of markets and exchange of culinary influences. As different cuisines and flavors gain popularity across borders, demand for ingredients that can provide authentic taste experiences has increased.
Yeast nucleotides, with their ability to enhance umami and flavor profiles, are finding extensive use in diverse culinary applications. This global trend toward culinary exploration and desire for authentic taste experiences are further propelling demand for yeast nucleotides worldwide.
In June 2022, pursuing its international development strategy, Lesaffre, a global key player in the field of fermentation, strengthened its presence in Brazil. To do so, it started construction of a new yeast plant. Such expansion plans by key players might create new opportunities in the global market.
Key Yeast Nucleotides Market Trends Listed by Future Market Insights (FMI):
Attributes | Key Insights |
---|---|
Yeast Nucleotides Market Estimated Size (2023E) | USD 146.7 million |
Projected Market Valuation (2033F) | USD 278.0 million |
Value-based CAGR (2023 to 2033) | 6.6% |
Collective Value Share: Top 3 Countries | 38.8% |
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According to Future Market Insights (FMI), the global yeast nucleotides market grew at a CAGR of 6.1% from 2018 to 2022. Over the forecast period 2023 to 2033, the global market for yeast nucleotides is predicted to progress at 6.6% CAGR.
Modernization has helped to create employment opportunities for everyone across the globe. Due to this, a paradigm shift has been witnessed in the lifestyles of customers.
They are not likely to pay much attention to their eating and lifestyle patterns. This is attributed to busier & hectic lifestyles and need to find a balance between work and life. They consume whatever they find convenient without taking a moment to think about the possible side effects of the products they are consuming.
Unhealthy dietary patterns have resulted in the rise of diseases such as diabetes, heart disease, bad cholesterol levels, and obesity to name a few most relevant ones. Due to rising disease cases, a demand has been generated for a product that can cater to all these problems. Yeast nucleotide, having health and nutritional benefits, can serve the customers living with the same problems.
Growing stress and anxiety among customers has also resulted in the use of yeast nucleotides as a stress reducer. Its worldwide popularity has helped elevate its demand. Another key factor driving its growth is its usage in vegan cuisines for customers wanting to have a nutrient-rich diet but with no animal-based products used.
Increasing usage of yeast nucleotides in the pharmaceutical sector to cure problems related to bowel movements, stomach ache, and injuries related to sports might also help elevate its sales. Taste, convenience, easy availability, extended shelf life, brand recognition, and marketing & promotion of yeast nucleotides might further boost the market during the assessment period.
Region | North America |
---|---|
Country | United States |
CAGR | 8.5% |
BPS Analysis | -213 |
Market Value (2033) | USD 59.1 million |
Region | Europe |
---|---|
Country | United Kingdom |
CAGR | 7.8% |
BPS Analysis | +67 |
Market Value (2033) | USD 14.2 million |
Region | Asia Pacific |
---|---|
Country | China |
CAGR | 6.5% |
BPS Analysis | -101 |
Market Value (2033) | USD 16.8 million |
Region | Asia Pacific |
---|---|
Country | India |
CAGR | 7.1% |
BPS Analysis | +79 |
Market Value (2033) | USD 7.4 million |
Region | Asia Pacific |
---|---|
Country | Japan |
CAGR | 6.8% |
BPS Analysis | +33 |
Market Value (2033) | USD 8.2 million |
Growing Veganism to Foster Yeast Nucleotide Demand in the United States
According to Future Market Insights (FMI), the United States yeast nucleotides market is poised to exhibit a CAGR of 8.5% during the assessment period. By 2033, the United States market size is expected to reach USD 59.1 million.
Growing preference for plant-based food products and health concerns have led customers to turn vegan in the United States. According to Neilson’s report, a huge percentage of Americans (39%) want to be vegan and do try to eat more vegetables.
It is due to their evolving eating preferences and raising awareness about healthy eating habits. This might surge the demand for yeast nucleotides across the United States. It can cater to customers wanting to turn vegan with its creamy and delicious flavor rich in vitamin B12.
Its nutty cheesy flavor is similar to that of cheese. Customers can enjoy the creamy flavor of yeast nucleotides without having to consume dairy products such as milk, cheese, and cream. This might further create ample opportunities for its manufacturers in the United States.
Rising Inclination Toward Clean-label and Organic Products to Fuel Demand in India
India yeast nucleotides market is anticipated to rise at a steady CAGR of 7.1% during the forecast period from 2023 to 2033. By the end of 2033, the country is likely to hold a share of 34.1% in the South Asia market.
Yeast nucleotides are a natural food additive. It is also considered a leading source of protein, vitamins, dietary fiber, and minerals. It is a natural food with a primary strain of S. cerevisiae, grown on enriched purified molasses under controlled conditions.
As it doesn't come in contact with barley, it is gluten-free and can be consumed by customers with celiac disease. This makes it preferable for customers in India with specific dietary requirements, and might elevate its sales by 2033.
It is a vegetarian source of protein along with all essential amino acids. This would make it a preferable option for customers looking for healthy alternatives.
Rising demand for clean label products is another crucial factor that is set to aid demand. Consumers nowadays are looking for brands that are transparent with their ingredients. High demand for innovative products with nutritional benefits would also propel demand in India.
Immunity-boosting Properties of Yeast Nucleotides to Propel Sales in the United Kingdom
As per Future Market Insights (FMI), Europe yeast nucleotides market is expected to reach a valuation of around USD 81.0 million by 2033. It is likely to be pushed by the United Kingdom. The country is estimated to witness a CAGR of 7.8% from 2023 to 2033.
Rising demand for therapeutic and nutritional supplements in the United Kingdom is expected to augment sales of yeast nucleotides by 2033. There is a growing awareness and emphasis on health and wellness among consumers in the country.
People are actively seeking products that can support their well-being and address specific health concerns. Yeast nucleotides are recognized for their potential immune-enhancing properties and their ability to promote health. These benefits might make them attractive ingredients for inclusion in supplements.
Yeast nucleotides offer nutritional advantages, including being a source of essential nucleotides and providing a natural source of flavor enhancement. As consumers become more discerning about the ingredients in their supplements, there is an increased preference for natural and clean-label options.
Yeast nucleotides align with this preference. As they are derived from natural sources and can provide multiple benefits in terms of nutrition & taste, their demand might elevate.
The United Kingdom also has a well-established regulatory framework for dietary supplements, ensuring safety and quality standards. This favorable regulatory environment might provide a conducive market for the sale of yeast nucleotide-based supplements. It would help in instilling trust and confidence among millennial consumers.
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Organic Yeast Nucleotides to Witness High Demand Amid Emergence of Clean Label Movement
By nature, the yeast nucleotides market is segmented into organic, non GMO, and conventional. Among these, organic yeast nucleotides are projected to gain momentum through 2033.
There is a growing global trend toward organic food consumption, driven by concerns for environmental sustainability, health, and well-being. As consumers prioritize organic products, including ingredients used in food and supplements, demand for organic yeast nucleotides has witnessed a significant upswing.
The clean label movement, characterized by the desire for transparency and natural ingredients in food products, has also influenced preferences. Organic yeast nucleotides harmonize with this movement as they are derived from organic sources.
They are also free from synthetic chemicals, pesticides, and genetically modified organisms (GMOs). This has led to a surging demand for organic yeast nucleotides as a clean and natural flavor enhancer.
Availability and accessibility of organic products have improved significantly in recent years. Expansion of organic food retail channels, both offline and online, has made organic yeast nucleotides more accessible to a wider consumer base. This increased availability has played a pivotal role in pushing demand for organic yeast nucleotides worldwide.
Food Companies to Look for Unique Yeast Nucleotides All Over the Globe with High Demand for Umami Taste
By application, the yeast nucleotides industry is segmented into food, beverages, dietary supplements, pharmaceuticals, animal feed & pet food, and other applications. Out of these, the food segment is anticipated to remain at the forefront in the next ten years.
There is an increasing desire for authentic and natural taste experiences in food. Yeast nucleotides, with their ability to enhance and enrich flavors, can contribute to development of authentic taste profiles. This might fulfill demand for genuine, high-quality food products, propelling the adoption of yeast nucleotides in food applications.
Yeast nucleotides are also highly versatile and can be incorporated into a wide range of food products. They find applications in savory snacks, soups, sauces, seasonings, processed meats, and other culinary preparations. Ability to seamlessly integrate yeast nucleotides into diverse food applications has contributed to their gaining impetus in the food sector.
Yeast nucleotides can further play a role in reducing the need for excessive sodium in food formulations. By enhancing the umami taste, they allow for the reduction of salt without compromising flavor. As sodium reduction continues to be a priority for health-conscious consumers, yeast nucleotides can offer a valuable tool for achieving flavor balance.
With growing emphasis on sustainability, yeast nucleotide manufacturers are adopting environmentally friendly practices. This includes optimizing resource utilization, reducing waste, and implementing sustainable sourcing methods. By prioritizing sustainability, manufacturers can associate their operations with broader sustainability goals of the market and gain a competitive advantage.
Understanding customer needs and preferences is vital for manufacturers. They are also engaging with customers, conducting research, and customizing their products to cater to specific market requirements. This customer-centric approach might help them build long-term relationships and meet the evolving demands of their target markets.
For instance,
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 146.7 million |
Projected Market Valuation (2033) | USD 278.0 million |
Value-based CAGR (2023 to 2033) | 6.6% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | Value (USD million) and Volume (MT) |
Key Regions Covered | Latin America; North America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa |
Key Countries Covered | Canada, United States, Mexico, Brazil, Chile, Peru, Argentina, Germany, France, Italy, Spain, United Kingdom, Netherlands, Belgium, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, and others |
Key Market Segments Covered | By Product Type, Nature, Form, Application, and Region |
Key Companies Profiled | Lessafre Group; Angel Yeast; Alltech; AB Mauri; The Archer Daniels Midland Company; Chr. Hansen A/S; Biomin; Cargill Incorporated; Bragg Premium; Others |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
The growth potential of the yeast nucleotides market is 6.6% through 2033.
The high cost of adoption is likely to limit the market growth.
The United States is likely to capture a valuation of USD 59.1 billion by 2033.
The market in China will capture a CAGR of 6.5% by 2033.
The United States may witness significant growth in the yeast nucleotides market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Product Oriented Market Buzz 5. Production and Trade 6. Global Market - Pricing Analysis 7. Global Market Demand (in Value (USD million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Type 8.1. Yeast Autolysate 8.2. Yeast β-glucan 8.3. Yeast Mannan Oligosaccharide (MOS) 8.4. Baker’s Yeast 8.5. Torula Yeast 8.6. Brewer’s Yeast 8.7. Nutritional Yeast 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Nature 9.1. Organic 9.2. Non-GMO 9.3. Conventional 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form 10.1. Powder 10.2. Liquid 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 11.1. Food 11.2. Beverages 11.3. Dietary Supplements 11.4. Pharmaceuticals 11.5. Animal Feed and Pet Food 11.6. Other Applications 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 12.1. North America 12.2. Latin America 12.3. Europe 12.4. East Asia 12.5. South Asia 12.6. Oceania 12.7. Middle East & Africa 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20. Country-level Market Analysis 21. Market Structure Analysis 22. Competition Analysis 22.1. Ajinomoto Co., Inc. 22.2. Amino GmbH 22.3. Bioiberica S.A. 22.4. Biospringer 22.5. CellMark Chemicals 22.6. Chr. Hansen Holding A/S 22.7. CJ CheilJedang Corp. 22.8. CordenPharma International 22.9. DSM N.V. 22.10. JRS Pharma GmbH & Co. KG 22.11. Kerry Group plc 22.12. Meihua Holdings Group Co., Ltd. 22.13. Other Players (On Additional Requests) 23. Assumptions and Acronyms Used 24. Research Methodology
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