Yeast Extract Market by Type (Baker’s Yeast, Brewer’s Yeast, Feed Yeast), Technology (Autolyzed Yeast Extract, Hydrolyzed Yeast Extract), Form, Distribution, Application - Global Forecast 2024-2030

Yeast Extract Market by Type (Baker’s Yeast, Brewer’s Yeast, Feed Yeast), Technology (Autolyzed Yeast Extract, Hydrolyzed Yeast Extract), Form, Distribution, Application - Global Forecast 2024-2030

The Yeast Extract Market size was estimated at USD 25.07 billion in 2023 and expected to reach USD 27.00 billion in 2024, at a CAGR 7.74% to reach USD 42.27 billion by 2030.

Global Yeast Extract MarketYeast extract is a flavorful cooking ingredient that is used in a variety of dishes and products. Yeast extract consists of natural components from the yeast cell, including proteins, amino acids, carbohydrates, vitamins, and minerals, without the surrounding cell wall. Yeast extraction utilization increased in livestock production, and the consumption of yeast extract is higher during the pandemic. However, the strained supply of raw materials, fluctuations in raw material prices, and complexity of yeast extracts and their consequences in brewing are hindering the growth of the yeast extract market. In contrast, higher consumption of alcoholic beverages and bakery food products, rising consumer preference for natural ingredients, and many applications in organic pharmaceuticals and animal feed drive the yeast extract market. Moreover, technological innovations and increasing demand for processed food items create lucrative opportunities for the yeast extract market.Regional InsightsThe yeast extract market in the Americas region is growing exponentially, with highly competitive market players involved in continuous technological development and business expansion activities. The primary utilization of yeast extract in the region can be attributed to manufacturing food & beverage applications. According to data from the Observatory of Economic Complexity (OEC), in 2021, the United States was the highest importer of yeast, with an import value of USD 360 million. The utilization of yeast extract in various application areas requires approval from the United States Food and Drug Administration (FDA), which initially clears the quality and usability of the ingredients. The continued expansion of the food & beverage sector and increasing demand for animal feed creates a platform for yeast extract in the Asia-Pacific. The data from the Foreign Agriculture Services (FAS) of the U.S. Department of Agriculture (USDA), the European Union, Egypt, Belarus, and Ukraine have a significant cattle inventory with demand for animal feed. Additionally, alcohol consumption is highest in the African region. Tunisia, Eswatini, Namibia, South Africa, Algeria, Turkey, Iran, Lesotho, Zimbabwe, Rwanda, Nigeria, Lebanon, Jordan, Morocco, Burundi, Moldova, Cameroon, and Comoros are the few countries in the EMEA region with high alcohol consumption, creating a demand yeast extract in EMEA.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Yeast Extract Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Yeast Extract Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Yeast Extract Market, highlighting leading vendors and their innovative profiles. These include Agrano GmbH & Co. KG, Alltech, Inc., AngelYeast Co., Ltd., Associated British Foods PLC, Biorigin, CDH Fine Chemical, Chr. Hansen A/S, Fenchem GmbH, Halcyon Proteins Pty Ltd., Herbo Nutra Extract Private Limited, K P Manish Global Ingredients Pvt Ltd, Kerry Group PLC, Koninklijke DSM N.V., Kothari Fermentation and Biochem Ltd., Lallemand Inc., Leiber GmBH, Lesaffre & CIE, Mitsubishi Corporation, Neogen Corporation, Nice Chemicals Private Limited, Nippon Paper Industries Co., Ltd., Nisshin Seifun Group Inc., Sensient Technologies Corporation, Specialty Biotech Co.,Ltd., Synergy Flavors, Inc., Thai Foods International Co., Ltd., Thermo Fisher Scientific, Inc., Titan Biotech Ltd., and Vital Herbs.

Market Segmentation & Coverage

This research report categorizes the Yeast Extract Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Baker’s Yeast
Brewer’s Yeast
Feed Yeast
Technology
Autolyzed Yeast Extract
Hydrolyzed Yeast Extract
Form
Flakes
Liquid
Powder
Distribution
Convenience Stores
Hypermarkets/ Supermarkets
Online
Specialty Retail Stores
Application
Animal Feed
Beverages
Alcoholic Beverage
Beer
Rum
Whiskey
Wine
Non-Alcoholic Beverage
Cosmetics & Personal Care
Dietary Supplement
Food Application
Bakeries & Confectioneries
Dairy Product
Meat & Poultry Product
Savories & Snacks
Soups & Sauces
Pharmaceutical
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Yeast Extract Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Yeast Extract Market?
3. What are the technology trends and regulatory frameworks in the Yeast Extract Market?
4. What is the market share of the leading vendors in the Yeast Extract Market?
5. Which modes and strategic moves are suitable for entering the Yeast Extract Market?

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