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Europe Yeast Extract Market Eminent participants are DSM, Ohly, Lesaffre, Biospringer - Lesaffre Culinary Solutions and AB Mauri

03-12-2019 11:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Food and Feed

/ PR Agency: Europe Yeast Extract Market
Europe Yeast Extract Market

Europe Yeast Extract Market

Europe Yeast Extract Market estimated to reach USD 700 million by 2024. Growth in convenience and ready to eat food consumption owing to changing dietary preferences will drive Europe yeast extract market size. They are widely used natural ingredient as flavoring agent and salt reduction ingredient in canned & frozen soups, bakery items, meat & canned fish, sauces and savory mixes. Rising consumer focus on natural ingredients and salt reduction will propel product demand.

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Rising consumer awareness towards adverse effects of added synthetic flavors like MSG’s along with growing demand for organic ingredients should boost yeast extract demand. It offers advantages such as nutritive value, clean label and natural umami flavor beneficial for incorporation in functional foods and dietary supplements, thus contributing towards industry growth.

Europe autolyzed yeast market may exceed USD 500 million at the end of 2024. It is widely used as flavor enhancer in various processed foods including sauces, soups, and meats. Rise in living standards has led to increase in consumer spending on packaged food which is likely to stimulate product demand. In addition, it is used as a nutrient for micro-organisms and an ingredient for pet-food which may promote its usage in this sector.

Italy yeast extract market size is anticipated to exceed 10.5 kilo tons up to 2024. Growth in hotel and catering industry due to increase in consumer inclination towards having outside food will favor regional industry growth.

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Molasses is prominently used fermentation media in the manufacturing process along with baker’s yeast, saccharomyces cerevisiae and brewer’s yeast. Fluctuating molasses and other raw material cost will hamper industry growth, thus affecting yeast extract market price trend.

Europe yeast extract market share is fairly consolidated and competitive with Lesaffre Group, DSM, Kerry Group, Leiber GmbH, Biospringer, Ohly and AB Mauri.

Segments We Cover:

Europe Yeast Extract Market Analysis, By Form
Yeast extract powder
Yeast extract past

Europe Yeast Extract Market Forecast, By Application
Food & beverage
Animal feed
Pharma
Others

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Europe Yeast Extract Market Share, By Technology
Autolyzed Yeast
Hydrolyzed yeas

Europe Yeast Extract Market Demands, By Source
Baker’s Yeast
Brewer’s yeast

The above information has been provided for the following regions and countries:
Germany
UK
France
Italy
Spain
Russia
Poland

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearh.com
Web: https://www.graphicalresearch.com/

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