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The global Yeast Extract market size was valued at USD 1884.15 Million in 2022 and will reach USD 3089.26 Million in 2028, with a CAGR of 8.59% during 2022-2028.
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.
The Yeast Extract market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Yeast Extract market covered in Chapter 4:
DSM
Zhuhai TXY Biotech Holding
Biorigin
ABF Ingredients
KOHJIN Life Sciences
Yantai Huahai Biochemical
Kerry
Lesaffre
Tangshan Top BioTechnology
Asahi Group
Angel Yeast
Sensient Technologies
Leiber GmbH
Lallemand Bio-Ingredients
In Chapter 12 and Chapter 14.1, 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 13 and Chapter 14.2, on the basis of the Downstream Industry, 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, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Yeast Extract market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Yeast Extract market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Yeast Extract industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Yeast Extract industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Yeast Extract market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Yeast Extract market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Yeast Extract market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Yeast Extract market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the 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.
The Yeast Extract market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Yeast Extract market covered in Chapter 4:
DSM
Zhuhai TXY Biotech Holding
Biorigin
ABF Ingredients
KOHJIN Life Sciences
Yantai Huahai Biochemical
Kerry
Lesaffre
Tangshan Top BioTechnology
Asahi Group
Angel Yeast
Sensient Technologies
Leiber GmbH
Lallemand Bio-Ingredients
In Chapter 12 and Chapter 14.1, 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 13 and Chapter 14.2, on the basis of the Downstream Industry, 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, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Yeast Extract market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Yeast Extract market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Yeast Extract industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Yeast Extract industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Yeast Extract market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Yeast Extract market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Yeast Extract market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Yeast Extract market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the 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.
