Torula Yeast Market by Product Form (Active Dry Yeast, Fresh Yeast and Instant Yeast), Type (Baker’s Yeast and Others), Application (Food & Beverage, Energy, Feed and Others) and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global torula yeast market size was valued at $3.70 billion in 2020, and is projected to reach $6.27 billion by 2026, growing at a CAGR of 9.2% during the forecast period.

• Increasing demand of yeast as a flavor enhancer and rising inclination for processed and convenience food products will likely enhance the growth of the torula yeast market in the forecast period.

• Additionally, rising usage in the emerging regions especially in the Europe and California for controlling olive flies is a significant factor creating ample opportunities for the market growth. Due to its nutritional benefits, the torula yeast comes under the food-grade product category and is therefore considered safe for human consumption.

• However, the presence of alternatives/substitutes and having adverse effect to the people who are sensitive to allergies are the factors restraining the market.

Yeasts are single-celled organisms that break down sugar and starch into carbon dioxide and alcohol during the fermentation process in the baking and brewing industries. Torula yeast, commonly known as Candida utilis, is classified as a fungus. Torula yeast is abundant in nature and has applications in both food and non-food. It is a by-product of the paper industry, as it thrives on waste sulphite liquid from the pulping process. Torula yeast has a tan colour and a meaty flavour, which has led to its widespread use in vegan processed meals. Torula's umami flavour and rich flavour make it an excellent natural substitute for monosodium glutamate (MSG) in food products.

By Application, the Food and Beverage to Lead the Market

Food and beverages was the largest market for torula yeast in 2020, and it would grow considerably during the forecast period. This can be attributed due to rise in demand of consumers for flavor enhancers. Consumer taste preferences have led to the widespread use of torula in processed meals such as burgers, pasta, salad dressings, processed meats, and other items.

By Geography, Europe Region is Projected to Strong Presence in the Global Market

Europe is observing significant growth in the torula yeast market as it is considered as a versatile product and is used in various industries such as pharmaceuticals, paper and pet foods. The growing vegan trend has encouraged the use of torula yeast in a variety of vegan items to add a meaty flavour and increase flavour. Torula yeast is used mostly in processed meat in Western European countries such as Germany, France, Italy, the United Kingdom, and Spain. This has fueled the company's regional market expansion.

List of the Key Players Profiled in the Market Include:

• ABF Ingredients Limited
• Chr. Hansen Holding A/S
• Gluthatheon
• Kenegrade
• Kohjin
• Koninklijke DSM N.V
• Lallemand Inc
• Mitsubishi Corporation Life Sciences Holdings Limited
• Oriental Yeast Co., Ltd
• Synergy Flavors

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Product Form:
• Active Dry Yeast
• Fresh Yeast
• Instant Yeast
   
Market by, Type:
• Baker’s Yeast
• Bio-ethanol Yeast
• Feed Yeast
• Nutritional Yeast/Deactivated Yeast
• Wine Yeast
   
Market by, Application:
• Energy
• Feed
• Food and Beverage Industry
• Paper Industry
• Pet Food
• Pharmaceutical Industry
   
Market by, Geography:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview          
    1.1 Introduction      
    1.2 Research Objectives     
    1.3 Market Segmentation     
    1.4 Stakeholders      
    1.5 List of Acronyms      
            
2 Executive Summary          
            
3 Research Methodology         
    3.1 Identification of Data     
    3.2 Evaluation of Market Dynamics    
    3.3 Collaboration of Data     
    3.4 Verification and Analysis     
    3.5 Data Sources      
    3.6 Assumptions      
            
4 Market Dynamics          
    4.1 Market Drivers      
            4.1.1 Increasing Demand of Yeast as a Flavor Enhancer
            4.1.2 Rising Inclination for Processed and Convenience Food Products
    4.2 Market Restraints      
            4.2.1 Presence of Alternatives/Substitutes
    4.3 Market Opportunities     
            4.3.1 Rising Popularity of Veganism
    4.4 Market Challenges      
            4.4.1 Adverse Effect to the Consumers who are Sensitive to Allergies
    4.5 Impact of COVID-19 on Torula Yeast Market   
            
5 Porter's Five Force Analysis         
    5.1 Bargaining Power of Suppliers     
    5.2 Bargaining Power of Buyers     
    5.3 Threat of New Entrants     
    5.4 Threat of Substitutes     
    5.5 Competitive Rivalry in the Market    
            
6 Global Torula Yeast Market by, Product Form       
    6.1 Overview      
    6.2 Active Dry Yeast      
    6.3 Fresh Yeast      
    6.4 Instant Yeast      
            
7 Global Torula Yeast Market by, Type        
    7.1 Overview      
    7.2 Baker’s Yeast      
    7.3 Bio-ethanol Yeast      
    7.4 Feed Yeast      
    7.5 Nutritional Yeast/Deactivated Yeast    
    7.6 Wine Yeast      
            
8 Global Torula Yeast Market by, Application       
    8.1 Overview      
    8.2 Energy       
    8.3 Feed       
    8.4 Food and Beverage Industry     
            8.4.1 Condiments
            8.4.2 Dairy
            8.4.3 Ready-to-Eat/Cook Products
    8.5 Paper Industry      
    8.6 Pet Food       
    8.7 Pharmaceutical Industry     
            
9 Global Torula Yeast Market by, Geography       
    9.1 Overview      
    9.2 North America      
    9.3 Europe       
    9.4 Asia Pacific      
    9.5 South America      
    9.6 Middle East & Africa     
            
10 Key Developments          
            
11 Company Profiling          
    11.1 ABF Ingredients Limited      
            11.1.1 Business Overview
            11.1.2 Product/Service Offering
            11.1.3 Financial Overview
            11.1.4 SWOT Analysis
            11.1.5 Key Activities
    11.2 Chr. Hansen Holding A/S     
    11.3 Gluthatheon       
    11.4 Kenegrade      
    11.5 Kohjin       
    11.6 Koninklijke DSM N.V     
    11.7 Lallemand Inc      
    11.8 Mitsubishi Corporation Life Sciences Holdings Limited  
    11.9 Oriental Yeast Co., Ltd     
    11.10 Synergy Flavors