Yeast Extract Market Forecasts to 2028 – Global Analysis By Type (Inorganic, Organic, Prod) Product (Yeast Autolysates, Yeast Beta-Glucan, Yeast Derivatives), Technology (Autolyzed, Hydrolyzed) and By Geography
According to Stratistics MRC, the Global Yeast Extract Market is accounted for $1.38 billion in 2020 and is expected to reach $2.53 billion by 2028 growing at a CAGR of 7.9% during the forecast period. The easy accessibility of resources and increasing demand for bakery food products are the factors driving the market growth. However, the high initial cost requirements associated with setting up of yeast extract production plants is hampering the growth of the market.
Yeast extracts are fermented foods that contain concentration of yeast cells. Yeast extracts result from the natural breakdown of yeast cells when heated. They are used as flavor enhancers in foods and are often used to create savory flavors and umami taste sensations. Although yeast extracts are not made up of any animal ingredients, the taste is similar to that of a meat bouillon because many of the same taste-giving amino acids are present in both yeast extracts and meat bouillons.
Based on the technology, the autolyzed segment is going to have lucrative growth during the forecast period due to the distinguished taste of autolyzed yeast extracts in various food applications, and rising demand for natural food ingredients and clean label products.
By geography, Europe is going to have high growth during the forecast period owing to the growing demand for nutritional yeast extract, increased consumption of processed food, changing lifestyle, growing urbanization, surge in consumer preference for natural ingredients, increasing demand for baked food products, and extensive usage of organic yeast extracts in the food & beverage applications.
Some of the key players profiled in the Yeast Extract Market include AB Mauri, Angel Yeast, Biorigin, Biospringer, Halcyon Proteins, Kerry Group, Kohjin Life Sciences, Kothari Fermentation & Biochem Ltd., Lallemand, Inc., Leiber GmBH, Lesaffre Group, Oriental Yeast, Sensient Technologies Corp., Thai Foods International Co., Ltd., and Titan Biotech Limited Company.
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 1.38 billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
7.9% |
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Predicted 2028 Value: |
USD 2.53 billion |
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Forecast Years: |
2021-2028 |
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Tables, Graphs & Figures |
352 |
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Chapters Covered: |
Grade, Form, Type, Product, Source of Origin, Fermentation, Technology, Application, Distribution Channel, and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Grades Covered:
• Food Grade
• Feed Grade
Forms Covered:
• Flakes
• Instant
• Paste
• Powder
• Fresh
Types Covered:
• Inorganic
• Organic
Products Covered:
• Yeast Autolysates
• Yeast Beta-Glucan
• Yeast Derivatives
Source of Origins Covered:
• Baker’s Yeast Extracts
• Brewer’s Yeast Extracts
• Feed Yeast
• Wine Yeast
Fermentations Covered:
• Biological Fermentation
• Malolactic Fermentation
• Microbial Fermentation
Technologies Covered:
• Autolyzed
• Hydrolyzed
Applications Covered:
• Food & Beverages
• Culture Media
• Animal Feed
• Cosmetics & Personal Care
• Dietary supplements
• Microbial Nutrients
• Pharmaceuticals
• Other Applications
Distribution Channels Covered:
• Convenience Stores
• Direct
• e-Commerce
• Hypermarkets/Supermarkets
• Indirect
• Specialty Retail Stores
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2054 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Yeast Extract Market is majorly driven by the easy accessibility of resources and increasing demand for bakery food products.
The powder segment is growing at a highest CAGR owing to the convenience of using the product along with its moderately accurate weighing.
Europe dominated with a significant market share due to the factors such as the growing demand for natural ingredients and increasing popularity of baked food products.
Asia Pacific market is growing at a highest CAGR owing to the increasing consumer base for premium food and beverage products.
Key players in Yeast Extract Market include AB Mauri, Angel Yeast, Biorigin, Biospringer, Halcyon Proteins, Kerry Group, Kohjin Life Sciences, Kothari Fermentation & Biochem Ltd., Lallemand, Inc., Leiber GmBH, Lesaffre Group, Oriental Yeast, Sensient Technologies Corp., Thai Foods International Co., Ltd., and Titan Biotech Limited Company.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Yeast Extract Market, By Grade
5.1 Introduction
5.2 Food Grade
5.3 Feed Grade
6 Global Yeast Extract Market, By Form
6.1 Introduction
6.2 Flakes
6.3 Instant
6.4 Paste
6.5 Powder
6.6 Fresh
7 Global Yeast Extract Market, By Type
7.1 Introduction
7.2 Inorganic
7.3 Organic
8 Global Yeast Extract Market, By Product
8.1 Introduction
8.2 Yeast Autolysates
8.3 Yeast Beta-Glucan
8.4 Yeast Derivatives
9 Global Yeast Extract Market, By Source of Origin
9.1 Introduction
9.2 Baker’s Yeast Extracts
9.3 Brewer’s Yeast Extracts
9.4 Feed Yeast
9.5 Wine Yeast
10 Global Yeast Extract Market, By Fermentation
10.1 Introduction
10.2 Biological Fermentation
10.3 Malolactic Fermentation
10.4 Microbial Fermentation
11 Global Yeast Extract Market, By Technology
11.1 Introduction
11.2 Autolyzed
11.3 Hydrolyzed
12 Global Yeast Extract Market, By Application
12.1 Introduction
12.2 Food & Beverages
12.2.1 Food
12.2.1.1 Bakery and Confectioneries
12.2.1.2 Biscuits
12.2.1.3 Bouillons
12.2.1.4 Condiments and Seasonings
12.2.1.5 Dairy Products
12.2.1.6 Dressings
12.2.1.7 Instant Noodles
12.2.1.8 Meat and Fish Preparations
12.2.1.9 Poultry Products
12.2.1.10 Processed Foods
12.2.1.11 Ready-Made Meals
12.2.1.12 Savories & Snacks
12.2.1.13 Soups
12.2.1.14 Soy Sauces
12.2.2 Beverages
12.2.2.1 Beer
12.2.2.2 Rum
12.2.2.3 Whiskey
12.2.2.4 Wine
12.3 Culture Media
12.3.1 Dairy Cultures
12.3.2 Insect Cell Culture
12.3.3 Mammalian Cell Culture
12.3.4 Microbiological Culture Media
12.4 Animal Feed
12.4.1 Animal Nutrition
12.4.1.1 Cattle
12.4.1.2 Pigs
12.4.1.3 Poultry
12.5 Cosmetics & Personal Care
12.6 Dietary supplements
12.7 Microbial Nutrients
12.8 Pharmaceuticals
12.9 Other Applications
12.9.1 Biofuel & Biomass Production
12.9.2 Human Nutrition
12.9.3 Plant Nutrition
12.9.4 Skincare Products
13 Global Yeast Extract Market, By Distribution Channel
13.1 Introduction
13.2 Convenience Stores
13.3 Direct
13.4 e-Commerce
13.5 Hypermarkets/Supermarkets
13.6 Indirect
13.7 Specialty Retail Stores
14 Global Yeast Extract Market, By Geography
14.1 Introduction
14.2 North America
14.2.1 US
14.2.2 Canada
14.2.3 Mexico
14.3 Europe
14.3.1 Germany
14.3.2 UK
14.3.3 Italy
14.3.4 France
14.3.5 Spain
14.3.6 Rest of Europe
14.4 Asia Pacific
14.4.1 Japan
14.4.2 China
14.4.3 India
14.4.4 Australia
14.4.5 New Zealand
14.4.6 South Korea
14.4.7 Rest of Asia Pacific
14.5 South America
14.5.1 Argentina
14.5.2 Brazil
14.5.3 Chile
14.5.4 Rest of South America
14.6 Middle East & Africa
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Qatar
14.6.4 South Africa
14.6.5 Rest of Middle East & Africa
15 Key Developments
15.1 Agreements, Partnerships, Collaborations and Joint Ventures
15.2 Acquisitions & Mergers
15.3 New Product Launch
15.4 Expansions
15.5 Other Key Strategies
16 Company Profiling
16.1 AB Mauri
16.2 Angel Yeast
16.3 Biorigin
16.4 Biospringer
16.5 Halcyon Proteins
16.6 Kerry Group
16.7 Kohjin Life Sciences
16.8 Kothari Fermentation & Biochem Ltd.
16.9 Lallemand, Inc.
16.10 Leiber GmBH
16.11 Lesaffre Group
16.12 Oriental Yeast
16.13 Sensient Technologies Corp.
16.14 Thai Foods International Co., Ltd.
16.15 Titan Biotech Limited Company
List of Tables
1 Global Yeast Extract Market Outlook, By Region (2019-2028) (US $MN)
2 Global Yeast Extract Market Outlook, By Grade (2019-2028) (US $MN)
3 Global Yeast Extract Market Outlook, By Food Grade (2019-2028) (US $MN)
4 Global Yeast Extract Market Outlook, By Feed Grade (2019-2028) (US $MN)
5 Global Yeast Extract Market Outlook, By Form (2019-2028) (US $MN)
6 Global Yeast Extract Market Outlook, By Flakes (2019-2028) (US $MN)
7 Global Yeast Extract Market Outlook, By Instant (2019-2028) (US $MN)
8 Global Yeast Extract Market Outlook, By Paste (2019-2028) (US $MN)
9 Global Yeast Extract Market Outlook, By Powder (2019-2028) (US $MN)
10 Global Yeast Extract Market Outlook, By Fresh (2019-2028) (US $MN)
11 Global Yeast Extract Market Outlook, By Type (2019-2028) (US $MN)
12 Global Yeast Extract Market Outlook, By Inorganic (2019-2028) (US $MN)
13 Global Yeast Extract Market Outlook, By Organic (2019-2028) (US $MN)
14 Global Yeast Extract Market Outlook, By Product (2019-2028) (US $MN)
15 Global Yeast Extract Market Outlook, By Yeast Autolysates (2019-2028) (US $MN)
16 Global Yeast Extract Market Outlook, By Yeast Beta-Glucan (2019-2028) (US $MN)
17 Global Yeast Extract Market Outlook, By Yeast Derivatives (2019-2028) (US $MN)
18 Global Yeast Extract Market Outlook, By Source of Origin (2019-2028) (US $MN)
19 Global Yeast Extract Market Outlook, By Baker’s Yeast Extracts (2019-2028) (US $MN)
20 Global Yeast Extract Market Outlook, By Brewer’s Yeast Extracts (2019-2028) (US $MN)
21 Global Yeast Extract Market Outlook, By Feed Yeast (2019-2028) (US $MN)
22 Global Yeast Extract Market Outlook, By Wine Yeast (2019-2028) (US $MN)
23 Global Yeast Extract Market Outlook, By Fermentation (2019-2028) (US $MN)
24 Global Yeast Extract Market Outlook, By Biological Fermentation (2019-2028) (US $MN)
25 Global Yeast Extract Market Outlook, By Malolactic Fermentation (2019-2028) (US $MN)
26 Global Yeast Extract Market Outlook, By Microbial Fermentation (2019-2028) (US $MN)
27 Global Yeast Extract Market Outlook, By Technology (2019-2028) (US $MN)
28 Global Yeast Extract Market Outlook, By Autolyzed (2019-2028) (US $MN)
29 Global Yeast Extract Market Outlook, By Hydrolyzed (2019-2028) (US $MN)
30 Global Yeast Extract Market Outlook, By Application (2019-2028) (US $MN)
31 Global Yeast Extract Market Outlook, By Food & Beverages (2019-2028) (US $MN)
32 Global Yeast Extract Market Outlook, By Food (2019-2028) (US $MN)
33 Global Yeast Extract Market Outlook, By Beverages (2019-2028) (US $MN)
34 Global Yeast Extract Market Outlook, By Culture Media (2019-2028) (US $MN)
35 Global Yeast Extract Market Outlook, By Dairy Cultures (2019-2028) (US $MN)
36 Global Yeast Extract Market Outlook, By Insect Cell Culture (2019-2028) (US $MN)
37 Global Yeast Extract Market Outlook, By Mammalian Cell Culture (2019-2028) (US $MN)
38 Global Yeast Extract Market Outlook, By Microbiological Culture Media (2019-2028) (US $MN)
39 Global Yeast Extract Market Outlook, By Animal Feed (2019-2028) (US $MN)
40 Global Yeast Extract Market Outlook, By Animal Nutrition (2019-2028) (US $MN)
41 Global Yeast Extract Market Outlook, By Cosmetics & Personal Care (2019-2028) (US $MN)
42 Global Yeast Extract Market Outlook, By Dietary supplements (2019-2028) (US $MN)
43 Global Yeast Extract Market Outlook, By Microbial Nutrients (2019-2028) (US $MN)
44 Global Yeast Extract Market Outlook, By Pharmaceuticals (2019-2028) (US $MN)
45 Global Yeast Extract Market Outlook, By Other Applications (2019-2028) (US $MN)
46 Global Yeast Extract Market Outlook, By Biofuel & Biomass Production (2019-2028) (US $MN)
47 Global Yeast Extract Market Outlook, By Human Nutrition (2019-2028) (US $MN)
48 Global Yeast Extract Market Outlook, By Plant Nutrition (2019-2028) (US $MN)
49 Global Yeast Extract Market Outlook, By Skincare Products (2019-2028) (US $MN)
50 Global Yeast Extract Market Outlook, By Distribution Channel (2019-2028) (US $MN)
51 Global Yeast Extract Market Outlook, By Convenience Stores (2019-2028) (US $MN)
52 Global Yeast Extract Market Outlook, By Direct (2019-2028) (US $MN)
53 Global Yeast Extract Market Outlook, By e-Commerce (2019-2028) (US $MN)
54 Global Yeast Extract Market Outlook, By Hypermarkets/Supermarkets (2019-2028) (US $MN)
55 Global Yeast Extract Market Outlook, By Indirect (2019-2028) (US $MN)
56 Global Yeast Extract Market Outlook, By Specialty Retail Stores (2019-2028) (US $MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.
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