Yeast Extract Market Report, Forecast to 2025
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Los Angeles, CA -- (SBWire) -- 05/07/2019 --Yeast extracts refer to the beneficial components of yeast extracted by autolysis. As principal ingredients, they contain amino acids, nucleotides, minerals, and vitamins and are used as food ingredients and microbial culture media.
The manufacturers are concentrated in China, USA, Europe and Japan. Angel is the largest manufacturer in the global market, which production reached 49.6 K MT in 2016. The industry has a high concentration and the top three accounted for nearly 50% share in 2016.
Europe is the largest production region in the world, which occupied 45.04% share in 2016. The manufacture shares of China, USA and Japan were 28.65%, 12.97% and 5.30%. The industry in China has a higher growth rate.
The consumption shares of China, Europe, USA and Japan were 30.95%, 16.34%, 34.04% and 8.01%. Europe is the main export region in 2016.
The global Yeast Extract market was 1490 million US$ in 2018 and is expected to 2120 million US$ by the end of 2025, growing at a CAGR of 4.5% between 2019 and 2025.
This report studies the Yeast Extract market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Yeast Extract in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Angel
Lesaffre
ABF Group
DSM Food Specialties
Lallemand
Alltech Fermin
MC Food Specialties
Yeastock
KOHJIN Life Sciences
Savoury Systems International
Kerry
Leiber
Sensient BioNutrients
By the product type, the market is primarily split into
Yeast Extract Powder
Yeast Extract Paste
By the end users/application, this report covers the following segments
Meat Products
Instant Noodles
Soy Sauce
Biscuits
Others
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