Global Yeast Market To Reach $2.03 Billion By 2028| Angel East, DSM, AB Mauri

Market Overview:
The Yeast Extract Market was valued at USD 1.35 Billion in 2021 and is expected to reach USD 2.03 Billion by the year 2028, at a CAGR of 6.0%.

The concentrated soluble portion of yeast, namely Saccharomyces cerevisiae, is what makes up yeast extracts. Yeast extracts are discussed in terms of their nutritional makeup and flavoring capabilities as food components. They are primarily created through autolysis, though occasionally acid or exogenous enzyme preparations are also used. Yeast extracts mostly consist of partially hydrolyzed protein with 35-40% free amino acids as well as B vitamins and a few trace elements. Depending on the techniques employed for their manufacturing, they offer a variety of flavors when utilized as culinary flavoring additives. These flavors have taste-masking qualities as well as meaty, kokumi, umami, and salty tastes. yeast extracts are a source of amino acids with a composition of 5%, and glutamic acid with a composition of 10% w/w.

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Market Dynamics:

Driver:

Growing consumer health consciousness and rising demand for natural ingredients are the primary factors driving the market growth. It is also used in the food industry as a substitute for monosodium glutamate (MSG). Furthermore, the incorporation of animal food manufacturers for using yeast extract to enhance flavor is playing an important role in the market growth of yeast extracts and autolysate. Because yeast extracts promote the growth of infants and young in many animal species, animal feed is one of the most important applications of yeast extract. It also aids in disease prevention in animals by stimulating the immune system via yeast beta-glucans and mannans which drives market growth.

Opportunities:

In the future years, the market for yeast and yeast extract is expected to rise due to consumers' increasing desire for alcoholic beverages like wine and beer. Additionally, the market for non-alcoholic beverages including kefir, kumis, and kombucha is expected to rise more rapidly in the upcoming years due to rising customer demand. As a result, these elements are increasing the market's prospects globally. Due to the growing application in meat, dairy, medications, bakery & confectionery, dietary supplements, and market growth, there are factors that provide opportunities.

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Market Segmentation
Segmentation Insights
Based on the Technology, autolyzed technology segment is projected to dominate the largest share more than 55% in 2019. The segment will maintain the dominant position over the forecast period owing to the distinguished taste of autolyzed yeast extracts in numerous food utilization such as bakery and confectionery, soups, and dressing. These extracts are a high source of micronutrients and vitamin B.

Based on Form, powder accounted for the largest share of more than 50% in 2019 and is anticipated to observe considerable growth in upcoming years. The wide range of applications of powder form segment in industries such as bakery and confectionary, dairy and dairy products, meat and meat and products, and dietary supplements has led the business growth during the forecast period.
Based on Source, bakers' yeast is projected to dominate the market due to bakers' yeast is a vital component as fermentation media and savor ingredients. Application of baker's yeast is in making of bread, pizzas, dough, rolls, buns, crackers biscuits and cakes which leads the market growth.

Based on Application, the food and beverage segment accounted for the largest share in the market and captured more than 38% of the global share in the year 2019. The growing cases of allergies caused owing to the application of (MSG) Monosodium Glutamate has led to the demand for yeast extract in the food and beverage industry. A wide range of products and beverages are leading the gain maximum usage of yeast extract and helps the market growth

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By Type
• Hydrolyzed Yeast
• Autolyzed Yeast

By Source
• Baker's Yeast
• Brewer's Yeast
• Others

By Application
• Food & Beverages
• Animal Feed
• Pharmaceuticals
• Others

Regional Insights
Asia Pacific region accounted for the largest market and will register a significant growth rate during the forecast period. An increase in consumption of bakery products such as bread, pizza, and burger buns in the nations such as India, China, Japan owing to the rising working population, especially women, and growing economic standards is likely to accelerate the regional yeast extract industry outlook. Additionally, China is the larger yeast producing and supplying county with key players such as Lesaffre, AB Mauri, Biosukeen, and Angel yeast thereby contributing towards regional industry development

Regional Analysis For COVID-19 Outbreak-Global Yeast Extract Market:
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

Players Covered in Yeast Extract Market are:
• Angel East
• DSM
• AB Mauri
• Lesaffre Group
• Synergy Flavors
• Ohly
• Alltech
• Biorigin
• Oriental Yeast
• Kerry Group
• Halcyon Proteins
• Lallemand Inc.
• Leiber GmbH.
• Thai Foods International Co. Ltd.
• Specialty Biotech
• Sensient Technology Pvt Ltd.
• Titan Biotech Ltd Co.
• Kohjin Life Science
• Kothari Fermentation and Biochem Ltd. And Others Major Players.

Key Industry Developments In Yeast Extract Market
• In February 2018, Lesaffre acquires an Us based company Alltech's yeast extract production unit in Serbia. By the expansion of the unit facility, the company will be able to explore its business across Serbia and reach a strong market position.
• In May 2019, Lesaffre has declared an extension of its operations over Zimbabwe with funding of USD 10 million to improve its plant to grow production capacity. By this expansion, the organization will explore its business by catering to product demand across the region and capture significant market share.
• In March 2019, Angel Yeast started its first yeast extract production unit in Egypt. By its production capacity institution, the company will be able to serve pouring product demand in the Middle East and Africa region also capturing market share.

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Table of Content:
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
 3.1 By Technology
 3.2 By Source
 3.3 By Application
Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing
Chapter 4: Yeast Extract Market by Technology
 4.1 Yeast Extract Market Overview Snapshot and Growth Engine
 4.2 Yeast Extract Market Overview
 4.3 Hydrolyzed Yeast
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Hydrolyzed Yeast: Grographic Segmentation
 4.4 Autolyzed Yeast
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Autolyzed Yeast: Grographic Segmentation
Chapter 5: Yeast Extract Market by Source
 5.1 Yeast Extract Market Overview Snapshot and Growth Engine
 5.2 Yeast Extract Market Overview
 5.3 Baker's Yeast
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Baker's Yeast: Grographic Segmentation
 5.4 Brewer's Yeast
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Brewer's Yeast: Grographic Segmentation
 5.5 Others
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Others: Grographic Segmentation
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