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Yeast Extract Market
Yeast Extract Market Size, Share, Forecast, & Trends Analysis by Type (Autolyzed, Hydrolyzed Yeast), Yeast Source (Baker's, Brewer's, Torula Yeast), Form (Powder, Paste), Application (Food & Beverages, Animal Feed, Pharmaceuticals)— Global Forecast to 2031
Report ID:MRFB - 1041303 Pages: 165 Aug-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursThe Yeast Extract Market is expected to reach $2.92 billion by 2031, at a CAGR of 6.8% from 2024 to 2031.
Yeast Extract Market Size & Forecast
The growth of this market can be attributed to several factors, including the increasing demand for bakery products, the growing vegan and vegetarian population, the rising demand for alcoholic beverages, and the increasing reduction in salt consumption. Moreover, the increasing demand for natural ingredients and plant-based food and meat alternatives is expected to offer growth opportunities for the players operating in this market.
Yeast Extract Market Growth Drivers
Increasing Demand for Bakery Products
The world population is growing rapidly. For instance, according to the Population Reference Bureau (PRB), the global human population is expected to grow by 75 million annually or by 1.1% per year. With this, the world population is expected to reach 9.9 billion in 2050, an increase of 33% from an estimated 7.4 billion in 2017. As the world’s population grows, the demand for food increases subsequently. With the increased population density comes increased urbanization, which has typically led to greater personal income and demand for bakery products. Also, there is a high consumption of bakery products traditionally as their staple food in Western countries, which is also increasing in Asian countries with rising urbanization and increasing income. In Italy, in 2021, around 1,310,412 tons of production of bakery products were recorded, up by 2.6% from 2020, for a total value of 6,310.8 million euros, an increase of 6.7% points compared to the previous year.
There is an increasing use of yeast extract in bakery products for leavening, as it adds volume to baked goods and enhances their taste, texture, grain, color, and eating quality. Yeast provides a savory, umami-rich flavor, which improves the taste profile of bakery products. Also, it enhances the richness and mouthfeel of baked goods, helps mask off-notes, and reduces the need for excessive salt or fat in bakery formulations. Thus, increasing demand for bakery products and the high properties of yeast extracts further support the growth of the market.
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Increasing Reduction in Salt Consumption
In recent years, there has been an increasing awareness of reducing salt consumption due to its negative health impacts, like, the growing risks of heart disease, stroke, and early death. It is also linked to other health conditions like obesity, osteoporosis, and kidney disease. Excess sodium consumption is estimated to cause around 1.89 million deaths per year worldwide. To reduce excess sodium consumption, the World Health Organization recommends limiting salt intake to less than 5 grams per day (about 1 teaspoon). Whereas the global average salt intake is estimated at 10.8 grams per day, more than double the WHO recommendation.
The growing need to reduce salt intake has boosted the demand for manufacturing food products with low salt percentages. The yeast extract is gaining traction due to its ability to help in salt reduction as it can help disguise a reduction in a product’s salt level by bringing out saltiness in other ingredients and increasing the overall perception of savory flavors. Moreover, various manufacturers are offering a wide range of yeast extracts, which offer salt reductions of up to 50% in food products. Thus, the increasing need to reduce salt intake by supplementing yeast extract in food products, primarily dairy, is fueling the growth of the market.
Yeast Extract Market Trends
Growing Demand for Clean-label Products
The "clean-label" movement reflects a consumer-driven demand for authenticity and transparency in food products. It advocates for natural ingredients free from artificial or synthetic substances and puts emphasis on the use of recognizable ingredients that consumers perceive as healthy.
In 2022, clean label claims significantly influenced the purchasing decisions of approximately two-thirds of consumers worldwide. Moreover, nearly half of the global consumers expressed a willingness to pay a premium for products with clean labels, with a greater propensity from Asian consumers. According to a recent study by Ingredion, a substantial 78% of global consumers are willing to pay extra for products bearing clean labels, denoting natural, organic, or non-artificial ingredients, such as yeast extract. Being a natural ingredient mostly used to improve the overall taste of foods, yeast extract is also efficient in balancing and preserving the taste of other ingredients when food formulators need to reduce components of a recipe such as salt or other undesirable ingredients. Thus, the increasing importance and the growing need for clean-label products are further driving the market growth.
Increasing Health-consciousness Among Consumers
Consumers are increasingly focusing on living longer and healthier. Their preferences have shifted towards foods that are natural, free from additives or preservatives, and organic. As consumers ensure to eat healthy and maintain their well-being to live healthy amongst the increasing reports of the average life-span, eating healthier foods is a way of preventing or avoiding future healthcare costs. Due to the increasing demand for natural and healthy foods, yeast extract is gaining traction in the market. It is a rich source of protein, vitamins (especially B vitamins), minerals, and antioxidants. It helps stimulate glucose metabolism, provide energy, support the immune system, maintain healthy skin, nails, hair, and brain function, and regulate red blood cells. It enhances flavor and taste, providing a savory, umami-rich profile in food. Additionally, it increases the flavor impact of products which is useful for salt and fat reduction. These nutritional benefits make yeast extract an important part of a balanced and healthy diet.
Yeast Extract Market Opportunity
Increasing Demand for Natural Ingredients
People have become more concerned about ecological and environmental issues because of the rapid increase in population, varied food consumption habits, decrease in acres of arable land, and use of chemical and toxic substances. The changing preference has increased demand for natural products which has impacted industries including food & beverages, personal care, pharmaceuticals, etc. Consumers are increasingly aware of the ingredients in their products, opting for natural and organic choices that avoid harmful chemicals, artificial preservatives, and synthetic additives.
Moreover, yeast extract is derived from fresh, edible yeast (Saccharomyces cerevisiae), which is a natural, non-genetically modified food additive. It is produced through extraction processes without adding any synthetic or harmful substances. It is labeled on food products as "yeast extract" or sometimes included under "natural flavoring." Being a natural food additive, it has wide applications in the food, beverage, pharmaceutical, cosmetic, and biotechnology industries, leveraging its unique flavor, nutritional, and functional properties. Thus, increasing demand for natural ingredients in various industries is further creating opportunities for manufacturers operating in this market.
Yeast Extract Market Analysis: Key Findings
By Type: In 2024, the Autolyzed Yeast Segment to Dominate the Yeast Extract Market
Based on type, the yeast extract market is segmented into autolyzed yeast extract and hydrolyzed yeast extract. In 2024, the autolyzed yeast extract segment is expected to account for the larger share of over 62.0% of the yeast extract market. The large market share of this segment can be attributed to autolyzed yeast being produced through the autolysis process, where the yeast cells break down using their own endogenous enzymes, as it is simpler and less controlled compared to the hydrolysis process. In addition, it is mostly used in the food industry to enhance savory flavors and provide an umami taste. Also, a carefully controlled autolysis process produces a wider variety of flavors with better product quality and efficacy, supporting the growth of the market.
By Yeast Source: In 2024, the Baker's Yeast Segment to Dominate the Yeast Extract Market
Based on yeast source, the yeast extract market is segmented into baker's yeast, brewer's yeast, and torula yeast. In 2024, the baker's yeast segment is expected to account for the largest share of the yeast extract market. The large market share of this segment can be attributed to factors such as its high protein content, nutrient retention, desirable flavor profile, ease of production, consistency, safety, and stability, as well as its widespread availability. Furthermore, baker’s yeast has the ability to retain nutrients during the fermentation process, which increases the nutritional value of the yeast extract.
Moreover, this segment is slated to register the highest growth rate during the forecast period of 2024–2031. This growth is driven by the increasing preference of manufacturers for bakers’ yeast-sourced yeast extract and the growing utilization of bakers’ yeast extract in various industries, especially food & beverages.
By Form: The Powder Segment to Witness Highest Demand During the Forecast Period
Based on form, the yeast extract market is segmented into powder, paste, liquid, and flakes. In 2024, the powder segment is expected to account for the largest share of the yeast extract market. The large market share of this segment can be attributed to its convenience and predominant use in food products like sauces and snacks. Manufacturers often offer these products in powder form because it is easier to handle, transport, and store compared to other forms. Additionally, this segment is projected to witness the highest growth rate during the forecast period of 2024–2031. This growth is driven by the increasing demand due to its easy incorporation into a wide range of food, beverage, and other industrial products, longer shelf life, reduced susceptibility to spoilage or contamination, and greater cost-effectiveness compared to other forms.
By Application: In 2024, the Food and Beverages Segment to Dominate the Yeast Extract Market
Based on application, the yeast extract market is segmented into food & beverages, animal feed, cosmetics and personal care, pharmaceuticals, and other applications. In 2024, the food & beverages segment is expected to account for the largest share of over 36.7% of the yeast extract market. The large market share of this segment can be attributed to factors such as the growing use of processed food products, including snacks, dairy alternatives, bakery products, energy drinks, prepared meals, and confectionery products. Furthermore, the increasing demand for natural ingredients, the growing demand for healthy food products, the rising use of plant-based food or meat alternatives, and the increasing demand for clean-label products are driving the growth of the segment.
However, the animal feed segment is projected to witness the highest growth rate during the forecast period of 2024–2031. This growth is driven by the increasing animal population, growth in companion pets, growing demand for sustainable feed, rising demand for high-quality meat products, advancement in feed production, and increasing awareness of animal health and welfare. In addition, yeast extract is associated with various benefits, including improved digestibility, immune function enhancement, and antimicrobial properties in animal feed, further supporting the growth of the market.
Geographical Analysis
Europe To Dominate the Overall Yeast Extract Market
Based on geography, the yeast extract market is majorly segmented into five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Europe is expected to account for the largest share of over 29.8% of the global yeast extract market, followed by North America and Asia-Pacific. The European yeast extract market is estimated to be worth $548.1 million in 2024. Europe's significant market share can be attributed to several key factors, including the growing demand for processed food products, rising vegetarian population, growing demand for plant-based food and meat alternatives, increasing consumer inclination towards natural ingredients, growing demand for clean-label products, and increasing adoption of nutritious food products.
However, Asia-Pacific is projected to experience the highest growth rate during the forecast period due to a growing population, increasing urbanization, rising income levels, higher consumer demand for convenience and processed food products, increased demand for bakery products, shifting consumer preferences towards high-quality and nutritious foods, and growing demand for natural ingredients, including flavoring agents.
Yeast Extract Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years. Some of the key players operating in the yeast extract market are Lesaffre (France), Kerry Group plc (Ireland), AngelYeast Co., Ltd. (China), Leiber GmbH (Germany), Lallemand Inc. (Canada), Synergy Flavors, Inc (U.S.), Thai Foods International Co., Ltd. (Thailand), Thai Foods International Co., Ltd. (Thailand), Halcyon Proteins Pty Ltd. (Australia), Alltech Inc (U.S.), Ohly GmbH (Germany), KOHJIN Life Sciences Co., Ltd. (Japan), Sensient Technologies Corporation (U.S.), Oriental Yeast Co., Ltd. (Japan), Kothari Fermentation and Biochem Ltd. (India), Koninklijke DSM N.V. (Netherlands), and Novozymes A/S (Denmark).
Yeast Extract Industry Overview: Latest Developments from Key Industry Players
- In December 2023, Ohly GmbH (Germany) partnered with Caldic B.V. (Netherlands), a solutions provider, to market their ingredients range to food & beverage manufacturers in the Midwest U.S.
- In April 2022, Leiber GmbH (Germany) invested in its Poland production plant by implementing a new spray tower for processing liquid brewers’ yeast.
- In July 2021, Biospringer by Lesaffre (France) expanded its yeast extracts plant operations in Cedar Rapids, Iowa, U.S.
- In April 2021, AngelYeast Co., Ltd. (China) will invest 434 million yuan to expand its production capacity to 15,000 tons of yeast extracts.
Yeast Extract Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
165 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
6.8% |
|
Market Size (Value) |
USD 2.92 Billion by 2031 |
|
Segments Covered |
By Type
By Yeast Source
By Form
By Application
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, Mexico, and Rest of Latin America), and Middle East & Africa |
|
Key Companies |
Lesaffre (France), Kerry Group plc (Ireland), AngelYeast Co., Ltd. (China), Leiber GmbH (Germany), Lallemand Inc. (Canada), Synergy Flavors, Inc (U.S.), Thai Foods International Co., Ltd. (Thailand), Thai Foods International Co., Ltd. (Thailand), Halcyon Proteins Pty Ltd. (Australia), Alltech Inc (U.S.), Ohly GmbH (Germany), KOHJIN Life Sciences Co., Ltd. (Japan), Sensient Technologies Corporation (U.S.), Oriental Yeast Co., Ltd. (Japan), Kothari Fermentation and Biochem Ltd. (India), Koninklijke DSM N.V. (Netherlands), and Novozymes A/S (Denmark) |
Key questions answered in the yeast extract market report:
This study focuses on market analysis and opportunity assessment based on the sales of yeast extract across various countries, regions, and market segments. The study also includes a competitive analysis based on key market players’ product portfolios, geographic presence, and growth strategies adopted in the last 3 to 4 years.
The global yeast extract market study provides valuable insights, market sizes, and forecasts in terms of value by type, yeast source, form, application, and geography.
The global yeast extract market is projected to reach $2.92 billion by 2031, at a CAGR of 6.8% during the forecast period.
The autolyzed yeast segment is expected to hold the largest market share in 2024
According to the source, the baker's yeast segment is expected to witness the fastest growth between 2024 and 2031.
The increasing demand for bakery products, growing vegan and vegetarian population, rising demand for alcoholic beverages, and increasing reduction in salt consumption are factors supporting the growth of this market. Moreover, the increasing demand for natural ingredients and plant-based food and meat alternatives create opportunities for players operating in this market.
The key players operating in the yeast extract market are Lesaffre (France), Kerry Group plc (Ireland), AngelYeast Co., Ltd. (China), Leiber GmbH (Germany), Lallemand Inc. (Canada), Synergy Flavors, Inc (U.S.), Thai Foods International Co., Ltd. (Thailand), Thai Foods International Co., Ltd. (Thailand), Halcyon Proteins Pty Ltd. (Australia), Alltech Inc (U.S.), Ohly GmbH (Germany), KOHJIN Life Sciences Co., Ltd. (Japan), Sensient Technologies Corporation (U.S.), Oriental Yeast Co., Ltd. (Japan), Kothari Fermentation and Biochem Ltd. (India), Koninklijke DSM N.V. (Netherlands), and Novozymes A/S (Denmark).
The Asia-Pacific region is projected to witness the highest growth rate during the forecast period of 2024–2031 due to the growing population, increasing urbanization, rising income level, increasing consumer demand for convenience or processed food products, growing demand for bakery products, shifting consumer preference towards high-quality and nutritious foods, and growing demand for natural ingredients, including flavoring agents.
1. Introduction
1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Segmental Analysis
3.2.1. Yeast Extract Market Analysis: by Type
3.2.2. Yeast Extract Market Analysis: by Yeast Source
3.2.3. Yeast Extract Market Analysis: by Form
3.2.4. Yeast Extract Market Analysis: by Application
3.3. Yeast Extract Market, by Regional Analysis
3.4. Competitive Landscape & Market Competitors
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Increasing Demand for Bakery Products
4.2.1.2. Growing Vegan & Vegetarian Population
4.2.1.3. Rising Demand for Alcoholic Beverages
4.2.1.4. Reduction in Salt Consumption
4.2.2. Restraints
4.2.2.1. High Availability of Substitutes
4.2.2.2. Fluctuation in Raw Material Prices
4.2.3. Opportunities
4.2.3.1. Increasing Demand for Natural Ingredients
4.2.3.2. Increasing Demand for Plant-based Food and Meat Alternatives
4.2.4. Challenges
4.2.4.1. High Initial Cost for Setting Production Plant
4.2.4.2. Stringent Regulatory Process
4.3. Trends
4.3.1. Growing Demand for Clean-label Products
4.3.2. Increasing Health Consciousness Among Consumers
4.4. Porters Five Forces Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of Substitutes
4.4.4. Threat of New Entrants
4.4.5. Degree of Competition
5. Yeast Extract Market Assessment—by Type
5.1. Overview
5.2. Autolyzed Yeast Extract
5.3. Hydrolyzed Yeast Extract
6. Yeast Extract Market Assessment—by Yeast Source
6.1. Overview
6.2. Baker's Yeast
6.3. Brewer's Yeast
6.4. Torula Yeast
7. Yeast Extract Market Assessment—by Form
7.1. Overview
7.2. Powder
7.3. Paste
7.4. Liquid
7.5. Flakes
8. Yeast Extract Market Assessment—by Application
8.1. Overview
8.2. Food & Beverages
8.2.1. Soups
8.2.2. Prepared Meals & Snacks
8.2.3. Dairy Products
8.2.4. Bakery
8.2.5. Sauces & Savory Flavors
8.2.6. Beverages
8.2.7. Other Food Products
8.3. Animal Feed
8.3.1. Poultry
8.3.2. Ruminants
8.3.3. Swine
8.3.4. Other Animals
8.4. Cosmetics & Personal Care
8.5. Pharmaceuticals
8.6. Other Applications
9. Yeast Extract Market Assessment—by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Russia
9.3.7. Rest of Europe
9.4. Asia-Pacific
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Australia
9.4.5. New Zealand
9.4.6. Indonesia
9.4.7. Rest of Asia-Pacific
9.5. Latin America
9.5.1. Brazil
9.5.2. Argentina
9.5.3. Mexico
9.5.4. Rest of Latin America
9.6. Middle East & Africa
10. Competition Analysis
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
10.4.1. Industry Leaders
10.4.2. Market Differentiators
10.4.3. Vanguards
10.4.4. Emerging Companies
11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
11.1. Lesaffre
11.2. Kerry Group plc
11.3. AngelYeast Co., Ltd.
11.4. Leiber GmbH
11.5. Lallemand Inc.
11.6. Synergy Flavors, Inc
11.7. Thai Foods International Co., Ltd.
11.8. Halcyon Proteins Pty. Ltd.
11.9. Alltech Inc
11.10. Ohly GmbH
11.11. KOHJIN Life Sciences Co., Ltd.
11.12. Sensient Technologies Corporation
11.13. Oriental Yeast Co., Ltd.
11.14. Kothari Fermentation and Biochem Ltd.
11.15. Koninklijke DSM N.V.
11.16. Novozymes A/S
(Note: SWOT Analysis of Top 5 Companies Will Be Provided)
12. Appendix
12.1. Available Customization
12.2. Related Reports
List of Tables
Table 1 Global Yeast Extract Market, by Type, 2022-2031 (USD Million)
Table 2 Autolyzed Yeast Extract Market, by Country/Region, 2022-2031 (USD Million)
Table 3 Hydrolyzed Yeast Extract Market, by Country/Region, 2022-2031 (USD Million)
Table 4 Global Yeast Extract Market, by Yeast Source, 2022-2031 (USD Million)
Table 5 Baker's Yeast Extract Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Brewer's Yeast Extract Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Torula Yeast Extract Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 9 Powder Yeast Extract Market, by Country/Region, 2022–2031 (USD Million)
Table 10 Paste Yeast Extract Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Liquid Yeast Extract Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Flakes Yeast Extract Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Yeast Extract Market, by Application, 2022-2031 (USD Million)
Table 14 Global Yeast Extract Market for Food & Beverages, by Type, 2022-2031 (USD Million)
Table 15 Global Yeast Extract Market for Food & Beverages, by Country/Region, 2022-2031 (USD Million)
Table 16 Global Yeast Extract Market for Soups, by Country/Region, 2022-2031 (USD Million)
Table 17 Global Yeast Extract Market for Prepared Meals & Snacks, by Country/Region, 2022-2031 (USD Million)
Table 18 Global Yeast Extract Market for Dairy Products, by Country/Region, 2022-2031 (USD Million)
Table 19 Global Yeast Extract Market for Bakery, by Country/Region, 2022-2031 (USD Million)
Table 20 Global Yeast Extract Market for Sauces & Savory Flavors, by Country/Region, 2022-2031 (USD Million)
Table 21 Global Yeast Extract Market for Beverages, by Country/Region, 2022-2031 (USD Million)
Table 22 Global Yeast Extract Market for Other Food Products, by Country/Region, 2022-2031 (USD Million)
Table 23 Global Yeast Extract Market for Animal Feed, by Type, 2022-2031 (USD Million)
Table 24 Global Yeast Extract Market for Animal Feed, by Country/Region, 2022-2031 (USD Million)
Table 25 Global Yeast Extract Market for Poultry, by Country/Region, 2022-2031 (USD Million)
Table 26 Global Yeast Extract Market for Ruminants, by Country/Region, 2022-2031 (USD Million)
Table 27 Global Yeast Extract Market for Swine, by Country/Region, 2022-2031 (USD Million)
Table 28 Global Yeast Extract Market for Other Animals, by Country/Region, 2022-2031 (USD Million)
Table 29 Global Yeast Extract Market for Cosmetics & Personal Care, by Country/Region, 2022-2031 (USD Million)
Table 30 Global Yeast Extract Market for Pharmaceuticals, by Country/Region, 2022-2031 (USD Million)
Table 31 Global Yeast Extract Market for Other Applications, by Country/Region, 2022-2031 (USD Million)
Table 32 Yeast Extract Market, by Country/Region, 2022-2031 (USD Million)
Table 33 North America: Yeast Extract Market, by Country, 2022-2031 (USD Million)
Table 34 North America: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 35 North America: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 36 North America: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 37 North America: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 38 North America: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 39 North America: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 40 U.S.: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 41 U.S.: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 42 U.S.: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 43 U.S.: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 44 U.S.: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 45 U.S.: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 46 Canada: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 47 Canada: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 48 Canada: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 49 Canada: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 50 Canada: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 51 Canada: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 52 Europe: Yeast Extract Market, by Country, 2022-2031 (USD Million)
Table 53 Europe: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 54 Europe: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 55 Europe: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 56 Europe: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 57 Europe: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 58 Europe: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 59 Germany: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 60 Germany: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 61 Germany: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 62 Germany: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 63 Germany: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 64 Germany: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 65 France: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 66 France: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 67 France: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 68 France: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 69 France: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 70 France: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 71 U.K.: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 72 U.K.: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 73 U.K.: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 74 U.K.: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 75 U.K.: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 76 U.K.: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 77 Italy: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 78 Italy: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 79 Italy: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 80 Italy: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 81 Italy: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 82 Italy: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 83 Spain: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 84 Spain: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 85 Spain: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 86 Spain: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 87 Spain: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 88 Spain: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 89 Russia: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 90 Russia: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 91 Russia: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 92 Russia: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 93 Russia: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 94 Russia: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 95 Rest of Europe: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 96 Rest of Europe: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 97 Rest of Europe: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 98 Rest of Europe: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 99 Rest of Europe: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 100 Rest of Europe: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 101 Asia-Pacific: Yeast Extract Market, by Country, 2022-2031 (USD Million)
Table 102 Asia-Pacific: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 103 Asia-Pacific: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 104 Asia-Pacific: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 105 Asia-Pacific: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 106 Asia-Pacific: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 107 Asia-Pacific: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 108 China: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 109 China: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 110 China: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 111 China: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 112 China: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 113 China: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 114 India: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 115 India: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 116 India: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 117 India: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 118 India: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 119 India: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 120 Japan: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 121 Japan: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 122 Japan: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 123 Japan: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 124 Japan: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 125 Japan: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 126 Australia: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 127 Australia: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 128 Australia: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 129 Australia: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 130 Australia: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 131 Australia: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 132 New Zealand: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 133 New Zealand: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 134 New Zealand: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 135 New Zealand: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 136 New Zealand: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 137 New Zealand: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 138 Indonesia: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 139 Indonesia: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 140 Indonesia: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 141 Indonesia: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 142 Indonesia: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 143 Indonesia: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 144 Rest of Asia-Pacific: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 145 Rest of Asia-Pacific: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 146 Rest of Asia-Pacific: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 147 Rest of Asia-Pacific: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 148 Rest of Asia-Pacific: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 149 Rest of Asia-Pacific: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 150 Latin America: Yeast Extract Market, by Country, 2022-2031 (USD Million)
Table 151 Latin America: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 152 Latin America: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 153 Latin America: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 154 Latin America: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 155 Latin America: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 156 Latin America: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 157 Brazil: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 158 Brazil: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 159 Brazil: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 160 Brazil: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 161 Brazil: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 162 Brazil: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 163 Argentina: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 164 Argentina: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 165 Argentina: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 166 Argentina: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 167 Argentina: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 168 Argentina: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 169 Mexico: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 170 Mexico: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 171 Mexico: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 172 Mexico: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 173 Mexico: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 174 Mexico: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 175 Rest of Latin America: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 176 Rest of Latin America: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 177 Rest of Latin America: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 178 Rest of Latin America: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 179 Rest of Latin America: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 180 Rest of Latin America: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 181 Middle East & Africa: Yeast Extract Market, by Type, 2022–2031 (USD Million)
Table 182 Middle East & Africa: Yeast Extract Market, by Yeast Source, 2022–2031 (USD Million)
Table 183 Middle East & Africa: Yeast Extract Market, by Form, 2022–2031 (USD Million)
Table 184 Middle East & Africa: Yeast Extract Market, by Application, 2022–2031 (USD Million)
Table 185 Middle East & Africa: Yeast Extract Market for Food & Beverages, by Type, 2022–2031 (USD Million)
Table 186 Middle East & Africa: Yeast Extract Market for Animal Feed, by Type, 2022–2031 (USD Million)
Table 187 Recent Developments, by Company (2020–2024)
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for this Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 In 2024, the Autolyzed Yeast Segment to Dominate the Global Yeast Extract Market
Figure 8 In 2024, the Baker's Yeast Segment to Dominate the Global Yeast Extract Market
Figure 9 In 2024, the Powder Segment to Dominate the Global Yeast Extract Market
Figure 10 In 2024, the Food & Beverages Segment to Dominate the Overall Yeast Extract Market
Figure 11 In 2024, Europe Dominates the Overall Yeast Extract Market
Figure 12 Impact Analysis of Market Dynamics
Figure 13 Yeast Extract Market: Porter’s Five Forces Analysis
Figure 14 Global Yeast Extract Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 15 Global Yeast Extract Market, by Yeast Source, 2024 Vs. 2031 (USD Million)
Figure 16 Global Yeast Extract Market, by Form, 2024 Vs. 2031 (USD Million)
Figure 17 Global Yeast Extract Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 18 North America: Yeast Extract Market Snapshot (2024)
Figure 19 Europe: Yeast Extract Market Snapshot (2024)
Figure 20 Asia-Pacific: Yeast Extract Market Snapshot (2024)
Figure 21 Latin America: Yeast Extract Market Snapshot (2024)
Figure 22 Middle East & Africa: Yeast Extract Market Snapshot (2024)
Figure 23 Key Growth Strategies Adopted by Leading Players (2021–2024)
Figure 24 Global Yeast Extract Market Competitive Benchmarking, by Form
Figure 25 Competitive Dashboard: Global Yeast Extract Market
Figure 26 Kerry Group plc: Financial Overview (2023)
Figure 27 Sensient Technologies Corporation: Financial Overview (2023)
Figure 28 Kothari Fermentation and Biochem Ltd.: Financial Overview (2023)
Figure 29 Koninklijke DSM N.V.: Financial Overview (2023)
Figure 30 Novozymes A/S: Financial Overview (2022)
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