Global Torula Yeast Market Size, Share, Opportunities, And Trends By From (Liquid Torula Yeast, Powdered Torula Yeast), By Application (Food Industry, Feed Industry), By End-User (Food And Beverage Industry, Animal Feed Industry), And By Geography - Forecasts From 2024 To 2029

The torula yeast market is expected to hold a significant market share during the forecast period.

Yeast is a term generally applied to a unicellular fungus, with around a hundred yeast species being identified in the present. One of the well-known and commonly used yeast species in health and wellness is known as the brewer’s yeast or baker’s yeast. Baker’s Yeast is used as an immune enhancer, energy booster, protein supplement, and many others where other compounds are inserted to create a commercialized health product. They provide a wide range of health benefits as well, which include the prevention of colds and flu, which was found in a trial conducted in adults. These adults were recently vaccinated for seasonal influence and had received an over-the-counter daily adjuvant-modified brewer’s yeast-based product known as EpiCor. Yeast-based technology has also been used for the molecular mechanistic model of caloric restriction, which was used for improving the human life span.

Introduction:

Torula Yeast is a type of yeast species that is a single-celled fungus, also known as candida utilis. This type of yeast is a byproduct of the paper industry and is made through the following process. During the process of turning wood into paper, torula yeast is grown on the waste of sulfite liquid from the wood pulp, which is then taken and turned into a powder. After this process, the torula yeast is dried, which provides it with a tan colour and tastes somewhat meaty.  Torula Yeast is a deactivated yeast, which is safe for consumption and provides nutritional value since it has been killed by heat and won't be able to produce any carbon dioxide. Torula yeast is commonly used to add protein to foods and shakes and is also a common flavoring agent. The flavors range from creamy, to nutty, and rich. It provides a variety of nutrients which include protein, chromium, and vitamin B. It is also rich in glutamic acid, which provides a smoky and savoury umami taste to food products. Due to the meat-like taste that is provided by using torula yeast, it is well-known to be used as an ingredient in plant-based and vegan food products. 

Market Drivers:

• Increasing growth of vegan and plant-based products: Torula yeast can be grown on wood sugars, which is known to be a byproduct of paper production and other sources of sugar. Torula yeast is commonly used as a taste or flavouring enhancer, which is due to its monosodium glutamate (MSG) content and umami taste. Since MSG is not an animal-based seasoning product, the use of torula yeast in vegan and plant-based products is common. This is because it provides an exquisite taste without the use of any flavouring and protein derived from meat. As per the Global Food Institute, plant-based foods have a retail value of US$8 billion in the U.S. alone in 2022, which is an increase of 7% from 2021. The reason for the increase in sales is due to different plant-based products, which include plant-based seafood, plant-based creamers, plant-based eggs, and plant-based protein liquids and powders. As the number of people who prefer vegan and plant-based products increases along with the sales of plant-based products, it can provide the necessary fuel for the growth of the torula market during the forecasted period.

Key Players:

• Koninklijke DSM N.V. (DSM): A Dutch multinational company that is known to be active in the fields of health, nutrition, and materials. DSM is a part of DSM-Firmenich and is known to be a global leader in applying bioscience to improve the health of people, the planet, and animals. 
• Lallemand Inc.: A Canadian company known for the development, production, and marketing of bacteria, yeasts, and other ingredients that are related to microorganisms or their markets.
• Oriental Yeast Co., Ltd.: A Japanese multinational company that is a global leader and innovator in yeast technology and supports a diverse range of products in life science, bioscience, and biotech research and production.

Regional Analysis:

The North American region is expected to witness significant growth in the global torula yeast market during the forecasted period of 2024-2029. The factor that fuels said market growth is the increase in popularity of vegan and plant-based products. Plant-based products are foods that are not derived from any kind of meat, which include animal meat, and seafood. These kinds of food act as a substitute for animal meat and seafood. Torula yeast is known for being a plant-based food ingredient due to the high amount of MSG content and umami taste. This widens its application in vegan and plant-based food. As per the Global Food Institute, the U.S. retail of plant-based food amounted to US$8 billion in 2022, which is an increase of 7% from the previous year. It has also been found that 66% of consumers have agreed to consumption of plant-based meat and dairy alternatives in the future. This will boost the growth of the plant-based market, which will fuel the growth of the torula yeast market during the forecasted period.

Market Developments:

• February 2023: Palmless, a sustainable palm oil alternative from New York-based company C16 Biosciences, announced their new beauty product dubbed Palmless Save the F#$%ing Rainforest nourishing oil. The signature ingredient used in the production of palm oil is the formulated and designed Torula Oil from the C16’s Manhattan laboratory, which is made from torula yeast and not trees. This product provides a variety of benefits, which include rich moisturization of skin and smoothening of skin with a light after-feel and silicone-like texture.

Segmentation:

• By From:
  • Liquid Torula Yeast
  • Powdered Torula Yeast
• By Application:
  • Food Industry
  • Feed Industry
• By End-User:
  • Food and Beverage Industry
  • Animal Feed Industry
• By Geography:
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others