Europe Yeast Extract Market Comprehensive Analysis 2024 | Key Participants Lesaffre Group, DSM, Kerry Group, Leiber GmbH, Biospringer, Ohly and AB Mauri

Graphical Research has released a new research study on Europe Yeast Extract Market Analysis 2018-2023 inclusive of one or more factors covering regional opportunities, application landscape, product demand trends, and end-use portfolio of the industry over the forecast timeframe. The report also outlines the competitive framework of the yeast extract industry detailing the SWOT analysis and market share dominance of the prominent players.

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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Key Participants:
• Lesaffre Group
• DSM
• Kerry Group
• Leiber GmbH
• Biospringer
• Ohly
• AB Mauri

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.

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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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.

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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.

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