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According to the latest research, the global Yeast Extract market size was valued at USD 1884.15 million in 2022 and is expected to expand at a CAGR of 8.59% during the forecast period, reaching USD 3089.26 million by 2028.
Yeast extract is a food additive that is a concentrated yeast cell content. Commercially available forms are brown sauce or spray-dried yellow-brown powder. Yeast extract can be used as a nutritional supplement, containing a large amount of protein, amino acids, vitamin B group. Yeast extract can also be used as a seasoning with a strong umami flavor, like broth.
Market Drivers
According to the latest UN estimates compiled by Worldometer, the current world population is 7.95 billion as of June 2022. Therefore, with the continuous growth of the global population and the rise of people's economic level, the market size of the food industry continues to expand. Therefore, the scale of the food condiment industry has expanded. Revenues from the sauces and condiments segment will reach $225.4 billion by 2022, according to Statista. The market is expected to grow at an annual rate of 5.15% (2022-2027 CAGR). Of this, most of the revenue comes from China ($38.93 billion in 2022). Yeast Extract is chosen to be added to many industrially produced foods, including many sauces, soups, or ready-to-eat meals. In addition, Yeast Extract is often mixed with salt, plant extracts and other seasonings to make bread spreads, including Marmite in the UK, Vegemite in Australia and Cenovis in Switzerland. In general, with the increase in population and income level, the food condiment industry is expanding, so the market demand for Yeast Extract is increasing. The expansion of the food condiment industry is an important factor driving the development of the industry.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
Angel Yeast is one of the major players operating in the Yeast Extract market, holding a share of 21.74% in 2022.
Angel Yeast is mainly engaged in the development, Sales and operation of yeast, yeast derivatives and related biological products. Relying on the advantages of yeast technology and products, it has established an industrial chain that is closely related to upstream and downstream, and has created a number of business fields with yeast as the core. Rich and well-structured. The company is mainly engaged in the Sales and sales of baker's yeast, yeast extract, Saccharomyces cerevisiae, biological feed additives, nutritional health products, food raw materials and other products.
Lesaffre is a French producer of yeast and fermented products and one of the largest in the world. The company works with customers, partners and researchers to find more relevant answers to the needs of food, health, nature and respect for the environment. The company's brands include Saf-instant ® , Livendo ® , l'Hirondelle ®, Ennallin ® and more.
Segmentation Overview:
Among different product types, Basic YE segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Snacks and Biscuits segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Yeast Extract industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Yeast Extract. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Yeast Extract Market Report Include:
Market Size Estimates: Yeast Extract market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Yeast Extract market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Yeast Extract market
Segment Market Analysis: Yeast Extract market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Yeast Extract market situations and prospects in major and top regions and countries
Yeast Extract Market
Yeast Extract Industry Chain: Yeast Extract market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Yeast Extract Industry News, Policies by regions
Yeast Extract Industry Porters Five Forces Analysis
Key players in the global Yeast Extract market are covered in Chapter 2:
Lallemand Bio-Ingredients
Kerry
Tangshan Top BioTechnology
Biorigin
Asahi Group
Angel Yeast
Sensient Technologies
KOHJIN Life Sciences
DSM
Yantai Huahai Biochemical
Zhuhai TXY Biotech Holding
Lesaffre
Leiber GmbH
ABF Ingredients
In Chapter 6 and Chapter 9, on the basis of types, the Yeast Extract market from 2018 to 2028 is primarily split into:
Hou-feel/Mouthfulness YE
Umami Taste YE
Flavor YE
Basic YE
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Yeast Extract market from 2018 to 2028 covers:
Meat Products
Seasoning Sauce
Vegan Foods
Snacks and Biscuits
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Yeast Extract market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Yeast Extract industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Yeast Extract market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Yeast Extract industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Yeast Extract market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Yeast Extract market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Yeast Extract market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Yeast extract is a food additive that is a concentrated yeast cell content. Commercially available forms are brown sauce or spray-dried yellow-brown powder. Yeast extract can be used as a nutritional supplement, containing a large amount of protein, amino acids, vitamin B group. Yeast extract can also be used as a seasoning with a strong umami flavor, like broth.
Market Drivers
According to the latest UN estimates compiled by Worldometer, the current world population is 7.95 billion as of June 2022. Therefore, with the continuous growth of the global population and the rise of people's economic level, the market size of the food industry continues to expand. Therefore, the scale of the food condiment industry has expanded. Revenues from the sauces and condiments segment will reach $225.4 billion by 2022, according to Statista. The market is expected to grow at an annual rate of 5.15% (2022-2027 CAGR). Of this, most of the revenue comes from China ($38.93 billion in 2022). Yeast Extract is chosen to be added to many industrially produced foods, including many sauces, soups, or ready-to-eat meals. In addition, Yeast Extract is often mixed with salt, plant extracts and other seasonings to make bread spreads, including Marmite in the UK, Vegemite in Australia and Cenovis in Switzerland. In general, with the increase in population and income level, the food condiment industry is expanding, so the market demand for Yeast Extract is increasing. The expansion of the food condiment industry is an important factor driving the development of the industry.
Region Overview:
Europe had the highest growth rate of all regions.
Company Overview:
Angel Yeast is one of the major players operating in the Yeast Extract market, holding a share of 21.74% in 2022.
Angel Yeast is mainly engaged in the development, Sales and operation of yeast, yeast derivatives and related biological products. Relying on the advantages of yeast technology and products, it has established an industrial chain that is closely related to upstream and downstream, and has created a number of business fields with yeast as the core. Rich and well-structured. The company is mainly engaged in the Sales and sales of baker's yeast, yeast extract, Saccharomyces cerevisiae, biological feed additives, nutritional health products, food raw materials and other products.
Lesaffre is a French producer of yeast and fermented products and one of the largest in the world. The company works with customers, partners and researchers to find more relevant answers to the needs of food, health, nature and respect for the environment. The company's brands include Saf-instant ® , Livendo ® , l'Hirondelle ®, Ennallin ® and more.
Segmentation Overview:
Among different product types, Basic YE segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Snacks and Biscuits segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Yeast Extract industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Yeast Extract. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Yeast Extract Market Report Include:
Market Size Estimates: Yeast Extract market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Yeast Extract market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Yeast Extract market
Segment Market Analysis: Yeast Extract market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Yeast Extract market situations and prospects in major and top regions and countries
Yeast Extract Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Yeast Extract Industry Chain: Yeast Extract market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Yeast Extract Industry News, Policies by regions
Yeast Extract Industry Porters Five Forces Analysis
Key players in the global Yeast Extract market are covered in Chapter 2:
Lallemand Bio-Ingredients
Kerry
Tangshan Top BioTechnology
Biorigin
Asahi Group
Angel Yeast
Sensient Technologies
KOHJIN Life Sciences
DSM
Yantai Huahai Biochemical
Zhuhai TXY Biotech Holding
Lesaffre
Leiber GmbH
ABF Ingredients
In Chapter 6 and Chapter 9, on the basis of types, the Yeast Extract market from 2018 to 2028 is primarily split into:
Hou-feel/Mouthfulness YE
Umami Taste YE
Flavor YE
Basic YE
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Yeast Extract market from 2018 to 2028 covers:
Meat Products
Seasoning Sauce
Vegan Foods
Snacks and Biscuits
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Yeast Extract market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Yeast Extract industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Yeast Extract market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Yeast Extract industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Yeast Extract market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Yeast Extract market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Yeast Extract market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
