Yeasts, Yeast Extracts and Autolysates - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Yeast Extracts and Autolysates Market is accounted for $3.51 billion in 2017 and is expected to reach $8.94 billion by 2026 growing at a CAGR of 11.0% during the forecast period. Growth of the bakery industry, positive growth trend in alcoholic beverages consumption, demand for bioethanol as a fuel and increase in demand for specialty yeast products are the key driving factors for the market growth. However, stringent food safety regulations are some of the factors hindering the market growth.
Yeast is a single cell microscopic organism of fungus kingdom; it is found in abundance in nature and used extensively in making many food product and beverages. Yeast extract, a common name for processed yeast product is a thick brown sticky semi- solid food made by extracting the cell content while removing the cell wall. Due to its extreme flavor, it is majorly used as a flavoring agent or food additive by vegetarians and others for flavoring savory food, broadly found in a variety of packaged foods such as frozen meals, gravy, snack foods, crackers, stock, etc,. Similar to yeast extract, autolysate which is also known as autolysed yeast is an extract of yeast produced by self-digestion of yeast constituents by enzymes contained in yeast cells.
Based on Application, the Bakery segment accounted for considerable market share during the forecast period. Bakery segment is in huge demand as the baked products are being the part & parcel of people in the fast food sector. The western continents have huge demand for the baked products because of people being more dependent on fast food sector, followed by the rising demand for alcoholic beverages. Asia-Pacific region is the top producer of feed yeast followed by Europe globally. A considerable spike in the per capita meat consumption witnessed in the developing countries such as China and India has aided the rapid industrialization of meat sector in the region.
Some of the key players profiled in the Yeast Extracts and Autolysates Market include Associated British Foods Plc, AB Mauri Fleischmann's, Alltech Inc, Angel Yeast Co. Ltd, Chr. Hansen A/S, Diamond V, Kerry Group Plc, Koninklijke DSM N.V., Lallemand Inc, Leiber Gmbh, Lesaffre Group, Oriental Yeast Co. Ltd, Pakmaya, Royal Dsm N.V, Sensient Technologies Corporation and Synergy (High Wycombe) Ltd.
• Baker'S Yeast
• Brewer'S Yeast
• Bio-Ethanol Yeast
• Yeast Cell Organelles
• Wine Yeast
• Other Yeast Types
• Alcoholic Beverages
• Food Industry
• Feed Industry
• Non-Alcoholic Beverages
• Prepared Food
• Other applications
• Dry Yeast
• Fresh Yeast
• Instant Yeast
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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- Market share assessments for the regional and country level segments
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