The nutritional yeast market in Korea is poised for solid growth, expanding at an estimated 11.3% CAGR, underpinned by rising consumer interest in functional foods and dietary supplements. A key driver is the burgeoning demand for plant‑based proteins and vegan diets, which is fuelling innovation in nutritional yeast–based snacks, convenience foods, and nutraceuticals. The strong health and wellness trend, especially among older and health‑conscious demographics, further bolsters demand as nutritional yeast gains recognition for its rich B‑vitamin profile, protein content, and immune‑supporting, gut‑friendly properties. Despite this momentum, market growth is somewhat restrained by limited general consumer awareness about nutritional yeast and its taste or texture unfamiliarity. Additionally, its premium pricing compared to conventional yeast may deter mass adoption .Nevertheless, ample opportunity exists in product innovation flavoured formats, fortified supplements and clean‑label organic variants as well as stronger presence through digital commerce and health food retailers. The clean‑label movement, especially popular among younger consumers, further supports adoption of minimally processed, non‑GMO yeast products.
TABLE - Korea Nutritional Yeast Market Size & Forecast By Type 2021-2033
Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fortified Nutritional Yeast | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Unfortified Nutritional Yeast | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Korea Nutritional Yeast Market Size & Forecast By Form 2021-2033
Form | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Flakes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Powder | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Granules | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Korea Nutritional Yeast Market Size & Forecast By Application 2021-2033
Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Food & Beverages | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Dietary Supplements | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Animal Feed | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis