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Global Torula Yeast Market to Grow at a Healthy Pace During 2021-2026, Aided by the Growing Eco and Health Consciousness

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

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Global Torula Yeast Market: By Type: Baker’s, Feed, Wine, and Bio-Ethanol Yeast, Others; By Form: Instant Yeast, Dry Yeast, Fresh Yeast, Others; By End Use: Food and Beverage, Feed, Pharmaceuticals; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Torula Yeast Market Outlook

The global torula yeast market is being supported by the yeast market growth, which reaches a value of USD 3.7 billion in 2020. The yeast market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 8% to reach USD 6 billion by 2026.

 

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 2021-2026. 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: Industry Definition and 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.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Torula Yeast Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Torula Yeast Historical Market (2016-2020) 
    8.3    Global Torula Yeast Market Forecast (2021-2026)
    8.4    Global Torula Yeast Market by Type
        8.4.1    Baker’s Yeast
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Feed Yeast
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Wine Yeast
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Bio-Ethanol Yeast
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Others
    8.5    Global Torula Yeast Market by Form
        8.5.1    Instant Yeast
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Dry Yeast
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Fresh Yeast
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Torula Yeast Market by End Use
        8.6.1    Food and Beverage
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Feed
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Pharmaceuticals
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Pulp and Paper 
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Others
    8.7    Global Torula Yeast Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operation Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    ABF Ingredients Limited
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Lallemand Inc.
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    KOHJIN Life Sciences Co.,Ltd.
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Others
15    Industry Events and Developments

 

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 Figures and Tables

1.    Global Torula Yeast Market: Key Industry Highlights, 2016 and 2026
2.    Global Torula Yeast Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Torula Yeast Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Torula Yeast Historical Market: Breakup by Form (USD Billion), 2016-2020
5.    Global Torula Yeast Market Forecast: Breakup by Form (USD Billion), 2021-2026
6.    Global Torula Yeast Historical Market: Breakup by End Use (USD Billion), 2016-2020
7.    Global Torula Yeast Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8.    Global Torula Yeast Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Torula Yeast Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Torula Yeast Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Torula Yeast Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Torula Yeast Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Torula Yeast Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Torula Yeast Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Torula Yeast Market Forecast: Breakup by Country (USD Billion), 2021-2026    
20.    North America Historical Price Trends and Forecast 2016-2026
21.    Europe Historical Price Trends and Forecast 2016-2026
22.    Asia Pacific Historical Price Trends and Forecast 2016-2026
23.    Latin America Historical Price Trends and Forecast 2016-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
25.    Global Torula Yeast Market Structure

Key Questions Answered in the Report

What was the global torula yeast market size in 2020?

The global torula yeast market is being aided by the overall yeast market growth, which attained a value of about USD 3.7 billion in 2020.

What is the growth rate of the market?

The yeast market is projected to grow at a CAGR of 8% between 2021 and 2026, further propelling the torula yeast industry forward.

What is the forecast outlook of the market for 2021-2026?

The global yeast market is estimated to attain USD 6 billion by 2026, continuing to support the market for torula yeast in the forecast period of 2021-2026.

What are the major market drivers?

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.

What are the key industry trends of the global torula yeast market?

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.

What are the major regional markets of torula yeast, according to the EMR report?

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

What are the major types of torula yeast?

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

What are the significant forms of torula yeast in the market?

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

What are the end use sectors of the product in the industry?

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

Who are the key industry players, according to the report?

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 3.7 billion in 2020 and is expected to grow further at CAGR of 8% between 2021 and 2026 to reach USD 6 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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