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Torula Yeast Market

Global Torula Yeast Market Share, Size, Price, Report: By Type: Baker’s Yeast, Feed Yeast, Wine Yeast, Bio-Ethanol Yeast, Others; By Form: Instant Yeast, Dry Yeast, Fresh Yeast, Others; By End Use: Food and Beverage, Feed, Pharmaceuticals, Pulp and Paper, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Torula Yeast Market Outlook

The global torula yeast market is being supported by the yeast market growth, which reaches a value of USD 4.69 billion in 2023. The yeast market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 8.4% to reach USD 9.70 billion by 2032.

 

Torula Yeast Market

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Growing Food Processing Industry to Drive the Growth of the Global Market for Torula Yeast

The food processing industry is growing steadily worldwide and is expected to continue to expand throughout the forecast period of 2024-2032. This is expected to strongly drive the torula yeast industry due to the product’s wide use as a food additive. Consumers are increasingly opting for convenience and ready-to-eat foods that frequently use flavour-enhancing additives, such as MSG and torula yeast.

North America and Latin America are some of the leading regions for torula yeast in terms of consumption, followed by Europe. The Asia Pacific region is also expected to be a major contributor to the growth of the industry due to its rapidly growing market for processed foods.

 

Torula Yeast Market by End Use

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Torula Yeast: Market Segmentation

Yeasts are members of the fungus kingdom. They are single-celled microorganisms. Torula is a species of yeast with the scientific name Cyberlindnera jadinii, also known as candida utilis. Torula yeast is grown on wood alcohols specifically for the food industry and is also a by-product of paper manufacturing. They are used as food additives and enhance the meaty flavours in foods.

The major types of torula yeast are:

  • Baker’s Yeast
  • Feed Yeast
  • Wine Yeast
  • Bio-Ethanol Yeast
  • Others

The market can be broadly categorised on the basis of its forms into:

  • Instant Yeast
  • Dry Yeast
  • Fresh Yeast
  • Others

The end uses of the torula yeast are:

The EMR report looks into the regional markets of torula yeast like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Torula Yeast Market by Region

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Surge in the Pharmaceutical Industry to Boost Growth of the Global Market for Torula Yeast

The recent surge in the pharmaceutical industry due to the COVID-19 pandemic is expected to persist during the forecast period. This is expected to drive demand for torula yeast due to its applications as a dietary supplement and a cheap, vegetarian source of protein. The growing health-consciousness is also expected to increase the substitution of torula yeast for chemical-based food additives such as MSG. This is due to its gluten-free and organic properties. It is also suitable for people allergic to MSG.

Torula yeast is also gaining popularity among vegans and vegetarians due to its use in making vegetarian imitation-meat products. It is also a cheap source of protein for low-protein vegetarian diets. These factors are expected to drive demand for torula yeast during the forecast period.

 

Key Industry Players in the Global Torula Yeast Market

The report presents a detailed analysis of the following key players in the global torula yeast market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • ABF Ingredients Limited
  • Lallemand Inc.
  • KOHJIN Life Sciences Co., Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Form
  • End Use
  • Region
Breakup by Type
  • Baker’s Yeast
  • Feed Yeast
  • Wine Yeast
  • Bio-Ethanol Yeast
  • Others
Breakup by Form
  • Instant Yeast
  • Dry Yeast
  • Fresh Yeast
  • Others
Breakup by End Use
  • Food and Beverage
  • Feed
  • Pharmaceuticals
  • Pulp and Paper
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • ABF Ingredients Limited
  • Lallemand Inc.
  • KOHJIN Life Sciences Co., Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Torula Yeast Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Torula Yeast Historical Market (2018-2023) 
    8.3    Global Torula Yeast Market Forecast (2024-2032)
    8.4    Global Torula Yeast Market by Type
        8.4.1    Baker’s Yeast
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Feed Yeast
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Wine Yeast
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Bio-Ethanol Yeast
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Torula Yeast Market by Form
        8.5.1    Instant Yeast
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Dry Yeast
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Fresh Yeast
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Torula Yeast Market by End Use
        8.6.1    Food and Beverage
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Feed
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Pharmaceuticals
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Pulp and Paper 
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Torula Yeast Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Torula Yeast Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Torula Yeast Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Torula Yeast Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Torula Yeast Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Torula Yeast  Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    ABF Ingredients Limited
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Lallemand Inc.
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    KOHJIN Life Sciences Co.,Ltd.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Others
19    Key Trends and Developments in the Market

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments

 

List of Key Figures and Tables

1.    Global Torula Yeast Market: Key Industry Highlights, 2018 and 2032
2.    Global Torula Yeast Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Torula Yeast Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Torula Yeast Historical Market: Breakup by Form (USD Billion), 2018-2023
5.    Global Torula Yeast Market Forecast: Breakup by Form (USD Billion), 2024-2032
6.    Global Torula Yeast Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Torula Yeast Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Torula Yeast Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Torula Yeast Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Torula Yeast Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Torula Yeast Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Torula Yeast Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Torula Yeast Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Torula Yeast Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2024-2032    
20.    North America Historical Price Trends and Forecast 2018-2032
21.    Europe Historical Price Trends and Forecast 2018-2032
22.    Asia Pacific Historical Price Trends and Forecast 2018-2032
23.    Latin America Historical Price Trends and Forecast 2018-2032
24.    Middle East and Africa Historical Price Trends and Forecast 2018-2032
25.    Global Torula Yeast Market Structure

Key Questions Answered in the Report

The global torula yeast market is being aided by the overall yeast market growth, which attained a value of about USD 4.69 billion in 2023.

The yeast market is projected to grow at a CAGR of 8.4% between 2024 and 2032, further propelling the torula yeast industry forward.

The global yeast market is estimated to attain USD 9.70 billion by 2032, continuing to support the market for torula yeast in the forecast period of 2024-2032.

The major drivers of the industry, such as rising disposable incomes, growing health-consciousness, rise of the food processing industry, increasing vegan population, and increasing demand for MSG substitutes, are expected to aid the market growth.

The key industry trends are the rapidly increasing consumption of processed and convenience foods in emerging economies and the recent surge in the pharmaceuticals sector.

The major regions of the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant types of the product are baker’s yeast, feed yeast, wine yeast, and bio-ethanol yeast, among others.

The significant forms of the product in the market include instant yeast, dry yeast, and fresh yeast, among others.

The end use sectors of the product are food and beverage, feed, pharmaceuticals, and pulp and paper, among others.

The key industry players are ABF Ingredients Limited, Lallemand Inc., and KOHJIN Life Sciences Co., Ltd., others.

Analyst Review

The global torula yeast market is being driven by the growth in the food processing industry. The market is also being supported by the growth of the overall yeast industry, which attained a value of USD 4.69 billion in 2023 and is expected to grow further at CAGR of 8.4% between 2024 and 2032 to reach USD 9.70 billion.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into baker’s yeast, feed yeast, wine yeast, bio-ethanol yeast, and others. On the basis of form, the market is classified as instant yeast, dry yeast, and fresh yeast, among others. The end uses of the industry include food and beverage, feed, pharmaceuticals, pulp and paper, and others. The major regional markets for torula yeast are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ABF Ingredients Limited, Lallemand Inc., and KOHJIN Life Sciences Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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