Press release
Yeast Extract Market Growth Potential is Booming Now | Biospringer, DSM, Lallemand
Yeast Extract
The research assessment of the Market is designed to analyse futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029.
The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones.
Some of the players studied are Lesaffre Group (France), Kerry (Ireland), Angel Yeast (China), Leiber GmbH (Germany), Lallemand, Inc. (Canada), Biospringer (France), DSM (Netherlands), Synergy Flavors (United States), Thai Foods International Co., Ltd. (Thailand), Halcyon Proteins (United States), Specialty Biotech (United States), Alltech (United States), Ohly (Germany), Kohjin Life Sciences (Japan), Sensient Technologies Corp. (United States), AB Mauri (United Kingdom),.
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The Global Yeast Extract Market was valued at USD 107.6 Million in 2023 and is expected to reach USD 120.7 Million by 2029, growing at a CAGR of 1.7% during 2023-2029.
Definition:
Yeast extract is a food ingredient derived from yeast, typically the species Saccharomyces cerevisiae. It is made by breaking down yeast cells through processes like autolysis (self-digestion) or enzymatic treatment. This results in the release of various compounds such as amino acids, nucleotides, vitamins, and minerals. Yeast extract is commonly used as a flavor enhancer in various food products due to its savory, umami taste. It is often found in soups, sauces, snacks, and processed foods to add depth and richness to the flavor profile. Additionally, yeast extract is valued for its nutritional content, providing essential nutrients like B vitamins and protein.
Market Trends:
Yeast extract is recognized for its nutritional content, including B vitamins, protein, and minerals.
As consumers become more health-conscious, they are drawn to products that offer both flavor enhancement and nutritional value
.
Market Drivers:
Yeast extract is renowned for its rich umami taste, often described as the fifth taste alongside sweet, sour, salty, and bitter. As chefs and food manufacturers seek to enhance the flavor profiles of their products, yeast extract emerges as a go-to ingredient for imparting depth and complexity to dishes.
Market Opportunities:
Given its nutritional content, including B vitamins and protein, yeast extract can be positioned as a functional ingredient contributing to health and wellness. This opens opportunities for marketing products fortified with yeast extract as a source of nutrients beneficial for overall health.
Global Yeast Extract Market Competitive Analysis
Know your current market situation! Not just new products but ongoing products are also essential to analyse due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
Players Included in Research Coverage:
Lesaffre Group (France), Kerry (Ireland), Angel Yeast (China), Leiber GmbH (Germany), Lallemand, Inc. (Canada), Biospringer (France), DSM (Netherlands), Synergy Flavors (United States), Thai Foods International Co., Ltd. (Thailand), Halcyon Proteins (United States), Specialty Biotech (United States), Alltech (United States), Ohly (Germany), Kohjin Life Sciences (Japan), Sensient Technologies Corp. (United States), AB Mauri (United Kingdom),
Additionally, Past Global Yeast Extract Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.
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Segmentation and Targeting :
Essential demographic, geographic, psychographic, and behavioural information about business segments in the Yeast Extract market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behaviour, and patterns.
Yeast Extract Product Types In-Depth: Autolyzed, Hydrolyzed) by Form (Powder, Paste
Yeast Extract Major Applications/End users: Food and Beverages, Animal Feed, Pharmaceuticals, Others
Yeast Extract Major Geographical First Level Segmentation:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
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Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyse the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyse reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
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About Us:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. HTF MI integrates History, Trends, and Forecasts to identify the highest value opportunities, cope with the most critical business challenges and transform the businesses. Analysts at HTF MI focuses on comprehending the unique needs of each client to deliver insights that are most suited to his particular requirements.
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