Global Torula Yeast Market Overview:
Torula yeast, also known as Candida utilis, is becoming popular for processed food products and convenience food products globally. Also, it has become a popular replacement for the flavour enhancer monosodium glutamate (MSG) among companies marketing "all-natural" products.
Growth Drivers
- Increasing Demand of Torula Yeast Ingredients in Food & Beverage Sector
- Surging Nutritional Benefits From Yeast-Based Products
Roadblocks
- Stringent Food Safety Regulations
Opportunities
- Growth in Demand for Clean Label Products in Developed Countries
- New Variants of Torula Yeast Ingredients for Improved Functionality
- Yeast as A Promising Protein Source in Feed Products
Challenges
- High Competition for Basic Raw Materials
Competitive Landscape:
Some of the key players profiled in the report are LALLEMAND Inc. (Canada), Kenegrade Ltd. (United Kingdom), Mitsubishi Corporation (KOHJIN Life Sciences Co. Ltd) (Japan), Koninklijke DSM N.V (Netherland), Oriental Yeast (Japan), Synergy Flavors (United States), Chr. Hansen (Denmark), Associated British Foods (United Kingdom), Angel Yeast (China) and Lesaffre (France). Analyst at AMA Research see Japanese Vendors to retain maximum share of Global Torula Yeast market by 2026. Considering Market by Product Form, the sub-segment i.e. Instant yeast will boost the Torula Yeast market. Considering Market by Sales Channel, the sub-segment i.e. Convenience Store will boost the Torula Yeast market.
In March 2019, Lallemand Biofuels & Distilled Spirits (US) entered into a collaboration with BioTork LLC (US), to develop improved yeast strains which could be used in the ethanol industry. The collaboration aimed at complementing the former’s metabolic engineering approach to develop strains.
What Can be Explored with the Torula Yeast Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Torula Yeast Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Torula Yeast
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Torula Yeast market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Torula Yeast market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Torula Yeast Producers, Raw Material Suppliers, Torula Yeast Suppliers, Government Regulatory Bodies, End-User and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.