Market Insights
Yeast extract is a natural ingredient that is made from the same type of yeast used to make wine, beer, and bread. Yeast extracts are rich in valuable nucleotides, vitamin B complexes, amino acids, and other useful cell constituents. Extracts are mainly used as natural flavor enhancers in various foods; they contain a very natural way of escalating and rounding the natural flavor.
Rising health awareness coupled with growing demand for natural ingredients is the major factors driving the market growth. In the food industry, it is also used as a replacement for monosodium glutamate (MSG). Animal feed is one of the major applications of yeast extract. Yeast extracts stimulate the growth of the infant and young in many animal species. It also provides protection against diseases in animals owing to its stimulation of the immune system through yeast beta-glucans and mannans. Due to its antibacterial properties, it also finds application in the pharmaceutical industry. Expanding application scope provides huge market potential over the coming few years for yeast extract.
Europe is the largest consumer of yeast extract and is projected to maintain its dominance over the coming few years. On the other hand, Asia Pacific is projected to witness the fastest growth rate owing to changes in lifestyle, high income, and a shift in preference towards processed foods.
The global yeast extract market is segmented on the following bases:
By Application Type
- Beverages
- Food
- Pharmaceuticals
- Animal Feed
- Others
By Product Type
- Yeast Autolysates
- Yeast Beta-Glucan
- Yeast Derivatives
By Geography
- North America
- Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
Key players identified in the yeast extract market include, but are not limited to:
Royal DSM N.V., Biotec Pharmacon ASA, Angel Yeast Co. Ltd., Biospringer, Kerry, Sentiment, AB Mauri, Alltech Inc., Lallemand, ABF Ingredients, Kohjin Life Sciences, and AHD International, among others,
This report offers the following:
An overview of the global yeast extract market
Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
A general overview of the industry structure
Company profiles highlight key information about the major players operating in the global yeast extract market.
This report includes an estimation of market sizes for value and volume. Both top-down and bottom-up approaches have been used to estimate and validate the size of the yeast extract market.
