PUBLISHER: DataM Intelligence | PRODUCT CODE: 1702398
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1702398
Global nutritional yeast market size reached US$ 341.22 million in 2024 and is expected to reach US$ 623.66 million by 2032, growing with a CAGR of 7.83% during the forecast period 2025-2032.
The global nutritional yeast market is experiencing steady growth, driven by increasing consumer interest in plant-based diets and functional foods. Major players such as Lallemand Inc. and Angel Yeast Co., Ltd. are investing in innovative yeast-based ingredients for health-conscious consumers, offering products rich in B-vitamins, high-quality proteins, and fiber. Lallemand's organic nutritional yeast (e.g., Bio-Engevita) is a prominent example catering to demand in vegan and fortified food sectors, with its versatility in flavor and functional roles in savory food applications.
Angel Yeast has significantly increased its production capacity to cater to the rising global demand for specialty yeast extracts used in nutritional applications. With more consumers in North America and Europe adopting vegetarian and vegan lifestyles, fortified nutritional yeast continues to be viewed as a natural supplement, especially as a source of vitamin B12 for those avoiding animal products
Nutritional Yeast Market Trend
A key trend shaping the global nutritional yeast market is the growing demand for functional and organic yeast products, driven by health-conscious consumers and clean-label preferences. Companies like Lallemand Inc. are leading this shift with innovations such as Bio-Engevita and Bio-Lyfe, designed for organic and plant-based diets. These products offer not only nutritional benefits-like high-quality proteins, B-vitamins, and fiber-but also functional properties such as water-binding and emulsification, which enhance their use in meat alternatives, soups, and sauces.
Global Nutritional Yeast Market Dynamics
Increasing Adoption of Fortified Yeast as a Natural Source of Vitamin B12 in Plant-Based Diets
Increasing adoption of fortified nutritional yeast as a natural source of Vitamin B12 is significantly driving the nutritional yeast market, especially within plant-based diets. Products like Ohly's AUXOFERM Yeast Powder are specifically formulated to provide essential B vitamins, including B12, and are widely used in vegan and vegetarian food applications due to their comprehensive nutritional profiles and savoury taste appeal. Additionally, yeast extract is increasingly vital in enhancing the flavor, texture, and nutritional quality of plant-based meat and dairy alternatives, which continue to gain the demand.
Price Volatility of Raw Materials
Price volatility of raw materials is a major restraint on the nutritional yeast market. According to Ohly, a leading yeast extract supplier under ABF Ingredients, global demand for yeast-based products has risen, yet fluctuating input costs-especially in energy and molasses used for fermentation-have disrupted pricing stability across its portfolio.
Moreover, the US Bureau of Labor Statistics reported that producer prices for corn (a key nutrient source in yeast cultivation) spiked by over 22% during supply chain disruptions in 2023, adding further cost pressure. This unpredictability challenges producers in maintaining consistent pricing and margins.
The global nutritional yeast market is segmented based on product type, form, application, distribution channel and region.
Fortified Nutritional Yeast Segment Driving Nutritional Yeast Market
Fortified nutritional yeast is gaining rapid popularity in the global nutritional yeast market due to its enhanced vitamin content, especially vitamin B12, which is critical for plant-based diets. According to WebMD, fortified versions offer several times the daily required intake of vitamin B12, alongside other B vitamins, zinc, and folic acid, making them highly appealing to vegan and vegetarian populations in the US, where over 10% of adults report following plant-based diets.
Moreover, fortified yeast supports immune health and energy metabolism. Studies show people consuming nutritional yeast fortified with beta-glucan are 25% less likely to contract colds and experience improved recovery post-exercise. These functional benefits are increasingly marketed by leading companies like Angel Yeast, which is aligning product innovations with global sustainability goals by promoting yeast protein as a climate-resilient nutrition source.
Rising Demand for Nutritional Yeast in North America Driven by Plant-Based and Allergen-Free Diets
In North America, the nutritional yeast market is experiencing significant growth, driven by the increasing adoption of plant-based diets and heightened health consciousness among consumers. As of 2024, the market holds over 25% share of the global nutritional yeast industry. This surge is largely attributed to the rising number of individuals embracing vegan and vegetarian lifestyles, particularly in the US and Canada. The demand is further bolstered by the growing awareness of food allergies and the pursuit of protein-rich, sustainable food options.
Sustainability Analysis
The nutritional yeast market is aligning increasingly with sustainable production practices, particularly through biorefinery models that valorize agri-food waste. Research supported by Italy's ENEA (Italian National Agency for New Technologies, Energy and Sustainable Economic Development) shows oleaginous yeasts are being used as microbial factories that convert food industry by-products-like cheese whey and fruit waste-into value-added ingredients, including single-cell proteins and microbial lipids. This supports both circular economy principles and reduced environmental burden from organic waste.
The major global players in the market include Angel Yeast Co. Ltd, Lesaffre International, Red Star Yeast Company, LLC, Ohly GmbH, Alltech, Inc., Lallemand Inc., Kerry Group plc, AB Mauri Food Inc., ABF Ingredients, and Associated British Foods plc.
Target Audience 2024
LIST NOT EXHAUSTIVE