DUBLIN--(BUSINESS WIRE)--The "Global Yeast Extract Market By Technology (Autolyzed and Hydrolyzed), By Application (Food & Beverages, Animal Feed, Pharmaceuticals and Other Applications), By Form (Paste, Powder and Flakes), By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Yeast Extract Market size is expected to reach $1.7 billion by 2026, rising at a market growth of 4.2% CAGR during the forecast period.
Yeast extract comprises cell contents of yeast that lack the cell wall. Yeast is a eukaryotic unicellular microscopic resourceful organism that belongs to the kingdom fungi. It is widely used in the food & beverage industry for the process of fermentation. Yeast extract is the common name for thick brown partly solid processed yeast products that are obtained from extracts of the cell content. Autolyzed and hydrolysed technology-based products are widely used and these products are available in different forms like fresh, dry, and instant yeasts.
The yeast extract plays an important role in confectionaries and bakeries as a leaving agent. In beverage industries for the purpose of processing, the yeast extract is extensively used for fermentation of the raw beverage with glucose in order to provide the required alcohol. Besides application in beverages, yeast extract is also useful as dietary supplements because of the presence of nutrients like chromium, selenium, potassium, protein, iron, zinc, magnesium, etc.
The increase in the intake of alcoholic beverages and growing demand for bakery products are anticipated to boost the market growth. Yeast extract is an ingredient that is clean and labelled. It is considered as one of the natural flavoring ingredients such as spices and herbs. There are many additional features of yeast extract like it is also Kosher, Halal, GMO-free, and usually does not comprise gluten. Moreover, the increase in consumer preference for fresh and healthy food products containing natural ingredients is likely to boost its demand. The easy availability of resources, like saccharides and other such sugar derivatives, at an affordable price is expected to drive the growth of the yeast extract market over the forecast period.
Based on Technology, the market is segmented into Autolyzed and Hydrolyzed. Based on Application, the market is segmented into Food & Beverages, Animal Feed, Pharmaceuticals and Other Applications. Based on Form, the market is segmented into Paste, Powder and Flakes. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Companies Profiled
- Associated British Foods PLC (Wittington Investments Limited)
- Lallemand, Inc.
- Carbery Group Ltd.
- Kerry Group PLC
- Lesaffre Group
- Specialty Biotech Co., Ltd.
- Halcyon Proteins Pty. Ltd.
- Alltech
- Leiber GmbH
- Angel Yeast Co., Ltd.
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Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Developments in Yeast Extract Market
Chapter 4. Global Yeast Extract Market by Technology
4.1 Global Autolyzed Market by Region
4.2 Global Hydrolyzed Market by Region
Chapter 5. Global Yeast Extract Market by Application
5.1 Global Food & Beverages Market by Region
5.2 Global Animal Feed Market by Region
5.3 Global Pharmaceuticals Market by Region
5.4 Global Other Applications Market by Region
Chapter 6. Global Yeast Extract Market by Form
6.1 Global Paste Market by Region
6.2 Global Powder Market by Region
6.3 Global Flakes Market by Region
Chapter 7. Global Yeast Extract Market by Region
7.1 North America Yeast Extract Market
7.2 Europe Yeast Extract Market
7.3 Asia Pacific Yeast Extract Market
7.4 LAMEA Yeast Extract Market
Chapter 8. Company Profiles
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