Ocean View, DE -- (SBWIRE) -- 04/28/2020 -- According to Global Market Insights, Yeast Extract Market provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Yeast Extract industry.
2017 Market Size - USD 1.1 billion
2024 Forecast Value - USD 1.8 billion +

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Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:
- Lesaffre
- Angel yeast
- DSM
- The Kerry Group
- Lallemand
- Leiber GmbH
- AB Mauri North America
- Synergy Flavors
- Biospringer - Lesaffre Culinary Solutions
- Halcyon Proteins Pty Ltd
- Alltech
- Ohly
- Sensient Technologies Corporation
- Biorigin Food Ingredients
- Oriental Yeast
- KOTHARI FERMENTATION AND BIOCHEM LTD. – India
- Titan Biotech Ltd.
- Thai Foods International Co., Ltd.
- Specialty Biotech
- Kohjin Life Sciences

Strong application potential in food & beverage industry should favour yeast extract market size. Key properties favouring product demand in food & beverages industry include flavour & taste enhancing, high nutrient content and sodium content reduction.
Yeast extract market size from food & beverage applications may witness strong gains and surpass USD 1 billion at the end of forecast period. It is widely used in dairy products, bakery, soups, processed foods and savory mixes. Increasing convenience food consumption due to changing dietary routines should favor industry growth.
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Key Highlights of this report:
Base Year: 2015
Growth Projections - 2016 to 2024
Historical data coverage: 2013 to 2015
Number of Pages - 280
Data Tables - 385

Rise in clean labelled natural ingredients demand along with increasing need for salt reduction in routine diet should drive product demand. It is a potential replacement for chemical food additives such as MSG along with favourable government norms, thereby making it suitable for food & beverage applications.
Autolyzed yeast extract market size should witness gains at over 5%. It is widely used for animal feed and food & beverage applications due to natural meaty flavour and nucleoside content. Shift in animal feed manufacturers preference towards adding flavour enhancers to increase palatability accompanied with growing awareness regarding high nutrition content should promote product demand.
Key raw materials, baker's & brewer's yeast, saccharomyces cerevisiae and molasses, are used in the manufacturing process. Molasses are most widely used as it provides high nutrient content growth media for fermentation. These raw materials are used in various applications and may face supply deficit and impact yeast extract market price trend.

U.S. yeast extract market size should register close to 4.5% growth. Favorable FDA regulations regarding labelling as natural ingredient and government initiate towards salt reduction campaigns for promoting health awareness should drive regional industry growth.
China yeast extract market size from animal feed application is anticipated to register over USD 20 million in sales by 2024. It is used as feed additive for providing nutrition, protein, vitamin, mineral, lipids and nucleosides which helps in improving metabolism and immune system.
Powder yeast extracts are widely used in dairy culture cheese and processed foods. They enhance the dairy product taste along with flavor masking and have high amino acid, vitamins and peptides content which are beneficial to as microbial culture media.
Germany yeast extract market size from food & beverages application may register above 4% gains. Presence of organizations such as EURASYP, promoting awareness regarding use of yeast and its derivative due to its clean label status may drive industry growth.

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Soups market share for food & beverage application may witness significant growth. Shift in consumer preference towards healthy dietary supplements due to prevailing health concerns may act as a contributing factor towards product demand.