Global Yeast Extract Market Trends and Insights2024- 2031


Posted August 8, 2024 by ayubahmd

The almond butter market is projected to expand at a compound annual growth rate (CAGR) of 8.5%

 
Yeast Extract Market Summary
The global yeast extract market is expected to grow at a compound annual growth rate (CAGR) of 6.32% from 2024 to 2031.
Yeast extracts are utilized to impart savory and umami flavors to a wide range of packaged foods, including frozen meals, sauces, snacks, soups, and broths. The production process consists of fermenting, disrupting, and separating yeast. Yeast extract is a rich source of B vitamins such as B-1, B-2, B-3, B-6, B-12, and folic acid, which are essential for converting carbohydrates, fats, and proteins into usable energy.

Yeast Extract Market Dynamics
Increasing Consumption of Processed Foods:Modern hectic lifestyles and rising incomes are changing consumer dietary preferences, leading to a higher demand for convenient packaged foods. Products like frozen meals, savory snacks, sauces, and soups utilize yeast extract to enhance their savory flavors.
Diversification of Raw Material Sources:The development of alternative raw material sources for yeast extract can reduce price volatility and stabilize supply chains. Diversifying raw materials will enable manufacturers to increase production and lower costs for end-users.
Price Volatility:Price fluctuations of raw materials, particularly molasses (a byproduct of sugar refining), can restrain market growth. Factors like harvest depletion contribute to molasses price volatility, directly impacting yeast extract production.

Market Segmentation
By Technology :Autolyzed, Hydrolyzed), By Form (Powder, Paste, Flakes
By Application :Food & Beverages, Animal Feed, Pharmaceuticals, Others

yeast extract market Key players include
Kerry Group
Leiber GmBH
Lallemand Inc
Biospringer
DSM
Synergy Flavors
Thai Foods International Co., Ltd
Halcyon Proteins
Ohly
Angel Yeast Co., Ltd
AB MAURI
Lesaffre
Ziying Biotechnology
Jiangmen Biotechnology

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https://www.datamintelligence.com/research-report/rye-market
Almond Butter Market
https://www.datamintelligence.com/research-report/almond-butter-market

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Issued By Ayub Ahmed
Country India
Categories Business , Food , Health
Tags yeast extract market size , yeast extract market share , yeast extract market growth
Last Updated August 8, 2024