Yeast extract market is expected to grow at 7.0% by 2031. Yeast extract is a natural ingredient that is made from the similar yeast used to make wine, beer, and bread. Yeast extracts are rich in valuable nucleotides, vitamin B complex and 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 are 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 its application in the pharmaceutical industry. Expanding applications 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 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 food.
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, Sensiment, AB Mauri, Alltech Inc., Lallemand, ABF Ingredients, Kohjin Life Sciences, and AHD International among others.
- Lesaffre Group
- Kerry Group
- Angel Yeast
- Lallemand Inc.
|
- Biospringer
- Synergy Flavors
- Thai Foods International Co.
|
Historical & Forecast Period
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review.A key data point that enables the estimation of Yeast Extract market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Yeast Extract market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top-down and bottom-up approaches for validation of market estimation assures logical, methodical, and mathematical consistency of the quantitative data.
Segmentation
Grade
Application Type
- Food & Beverages
- Soups
- Processed Food
- Dairy Products
- Bakery
- Sauces & Savory Flavors
- Non-alcoholic Beverages
- Alcoholic Beverages
- Pharmaceuticals
- Animal Feed
- Microbial Nutrients
- Cosmetics & Personal Care
- Others (Biofuel & Biomass Production)
Product Type
- Yeast Autolysates
- Yeast Beta-Glucan
- Yeast Derivatives
Region Segment (2021-2031; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Yeast Extract market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2031.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Yeast Extract market?
- Which is the largest regional market for Yeast Extract market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Yeast Extract market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Yeast Extract market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Yeast Extract Market
- 2.2. Global Yeast Extract Market, By Grade, 2022 (US$ Million)
- 2.3. Global Yeast Extract Market, By Application Type, 2022 (US$ Million)
- 2.4. Global Yeast Extract Market, By Product Type, 2022 (US$ Million)
- 2.5. Global Yeast Extract Market, By Geography, 2022 (US$ Million)
- 2.6. Attractive Investment Proposition by Geography, 2022
3. Yeast Extract Market: Competitive Analysis
- 3.1. Market Positioning of Key Yeast Extract Market Vendors
- 3.2. Strategies Adopted by Yeast Extract Market Vendors
- 3.3. Key Industry Strategies
- 3.4. Tier Analysis 2022 Versus 2031
4. Yeast Extract Market: Macro Analysis & Market Dynamics
- 4.1. Introduction
- 4.2. Global Yeast Extract Market Value, 2021 - 2031, (US$ Million)
- 4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
- 4.4. Impact Analysis of Drivers and Restraints
- 4.5. See-Saw Analysis
5. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2022 Versus 2031
- 5.3. Market Segmentation
- 5.3.1. Food Grade
- 5.3.2. Feed Grade
6. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2022 Versus 2031
- 6.3. Market Segmentation
- 6.3.1. Food & Beverages
- 6.3.1.1. Soups
- 6.3.1.2. Processed Food
- 6.3.1.3. Dairy Products
- 6.3.1.4. Bakery
- 6.3.1.5. Sauces & Savory Flavors
- 6.3.1.6. Non-alcoholic Beverages
- 6.3.1.7. Alcoholic Beverages
- 6.3.2. Pharmaceuticals
- 6.3.3. Animal Feed
- 6.3.4. Microbial Nutrients
- 6.3.5. Cosmetics & Personal Care
- 6.3.6. Others (Biofuel & Biomass Production)
7. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2022 Versus 2031
- 7.3. Market Segmentation
- 7.3.1. Yeast Autolysates
- 7.3.2. Yeast Beta-Glucan
- 7.3.3. Yeast Derivatives
8. North America Yeast Extract Market, 2021-2031, USD (Million)
- 8.1. Market Overview
- 8.2. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 8.3. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 8.4. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 8.5.Yeast Extract Market: By Region, 2021-2031, USD (Million)
- 8.5.1.North America
- 8.5.1.1. U.S.
- 8.5.1.1.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 8.5.1.1.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 8.5.1.1.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 8.5.1.2. Canada
- 8.5.1.2.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 8.5.1.2.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 8.5.1.2.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 8.5.1.3. Rest of North America
- 8.5.1.3.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 8.5.1.3.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 8.5.1.3.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
9. UK and European Union Yeast Extract Market, 2021-2031, USD (Million)
- 9.1. Market Overview
- 9.2. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 9.3. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 9.4. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 9.5.Yeast Extract Market: By Region, 2021-2031, USD (Million)
- 9.5.1.UK and European Union
- 9.5.1.1. UK
- 9.5.1.1.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 9.5.1.1.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 9.5.1.1.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 9.5.1.2. Germany
- 9.5.1.2.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 9.5.1.2.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 9.5.1.2.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 9.5.1.3. Spain
- 9.5.1.3.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 9.5.1.3.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 9.5.1.3.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 9.5.1.4. Italy
- 9.5.1.4.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 9.5.1.4.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 9.5.1.4.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 9.5.1.5. France
- 9.5.1.5.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 9.5.1.5.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 9.5.1.5.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 9.5.1.6. Rest of Europe
- 9.5.1.6.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 9.5.1.6.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 9.5.1.6.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
10. Asia Pacific Yeast Extract Market, 2021-2031, USD (Million)
- 10.1. Market Overview
- 10.2. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 10.3. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 10.4. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 10.5.Yeast Extract Market: By Region, 2021-2031, USD (Million)
- 10.5.1.Asia Pacific
- 10.5.1.1. China
- 10.5.1.1.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 10.5.1.1.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 10.5.1.1.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 10.5.1.2. Japan
- 10.5.1.2.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 10.5.1.2.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 10.5.1.2.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 10.5.1.3. India
- 10.5.1.3.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 10.5.1.3.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 10.5.1.3.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 10.5.1.4. Australia
- 10.5.1.4.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 10.5.1.4.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 10.5.1.4.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 10.5.1.5. South Korea
- 10.5.1.5.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 10.5.1.5.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 10.5.1.5.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 10.5.1.6. Rest of Asia Pacific
- 10.5.1.6.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 10.5.1.6.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 10.5.1.6.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
11. Latin America Yeast Extract Market, 2021-2031, USD (Million)
- 11.1. Market Overview
- 11.2. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 11.3. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 11.4. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 11.5.Yeast Extract Market: By Region, 2021-2031, USD (Million)
- 11.5.1.Latin America
- 11.5.1.1. Brazil
- 11.5.1.1.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 11.5.1.1.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 11.5.1.1.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 11.5.1.2. Mexico
- 11.5.1.2.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 11.5.1.2.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 11.5.1.2.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 11.5.1.3. Rest of Latin America
- 11.5.1.3.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 11.5.1.3.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 11.5.1.3.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
12. Middle East and Africa Yeast Extract Market, 2021-2031, USD (Million)
- 12.1. Market Overview
- 12.2. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 12.3. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 12.4. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 12.5.Yeast Extract Market: By Region, 2021-2031, USD (Million)
- 12.5.1.Middle East and Africa
- 12.5.1.1. GCC
- 12.5.1.1.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 12.5.1.1.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 12.5.1.1.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 12.5.1.2. Africa
- 12.5.1.2.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 12.5.1.2.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 12.5.1.2.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
- 12.5.1.3. Rest of Middle East and Africa
- 12.5.1.3.1. Yeast Extract Market: By Grade, 2021-2031, USD (Million)
- 12.5.1.3.1. Yeast Extract Market: By Application Type, 2021-2031, USD (Million)
- 12.5.1.3.1. Yeast Extract Market: By Product Type, 2021-2031, USD (Million)
13. Company Profile
- 13.1. Lesaffre Group
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. Kerry Group
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Angel Yeast
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. Lallemand Inc.
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. Biospringer
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. Synergy Flavors
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. Thai Foods International Co.
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives