The Yeast Extract Market was valued at USD 1.35 Billion in 2021 and is expected to reach USD 2.03 Billion by the year 2028, at a CAGR of 6.0%.
Yeast refers to the microorganism that belongs to the fungus family. The first yeast-derived hundreds of millions of years ago. It is consisting of proteins 49%, carbohydrates 40%, minerals 7%, and lipids 4%. Furthermore, yeast extract is a natural ingredient and which is extracted from fresh yeast and made without adding any synthetic or chemical ingredients while production. In addition, being a natural ingredient yeast extract is widely used in different applications such as food and beverages, animal feed, and the pharmaceuticals industry. Moreover, according to the research survey by Biospringer (Lesaffre), 52% of respondents of a survey over Europe, North America, and Asia-Pacific said they would spend over 10% more on a food or beverage product that contains ingredients they recognize and trust. Apart from this, 56% of consumers have opted for a “natural” attribute on food and beverage products.
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The global Yeast Extract Market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project’s structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Yeast Extract industry.
Segmentation of Yeast Extract Market: –
- Hydrolyzed Yeast
- Autolyzed Yeast
- Baker’s Yeast
- Brewer’s Yeast
- Food & Beverages
- Animal Feed
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Leading Key Players Covered Yeast Extract Market: –
- Angel East
- AB Mauri
- Lesaffre Group
- Synergy Flavors
- Oriental Yeast
- Kerry Group
- Halcyon Proteins
- Lallemand Inc.
- Leiber GmbH.
- Thai Foods International Co. Ltd.
- Specialty Biotech
- Sensient Technology Pvt Ltd.
- Titan Biotech Ltd Co.
- Kohjin Life Science
- Kothari Fermentation and Biochem Ltd. And Others Major Players.
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Report Includes Competitor’s Landscape:
- Major trends and growth projections by region and country
- Key winning strategies followed by the competitors
- Who are the key competitors in this industry?
- What shall be the potential of this industry over the forecast tenure?
- What are the factors propelling the demand for the Action Figures and Statues?
- What are the opportunities that shall aid in significant proliferation of the market growth?
- What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
- How has the covid-19 impacted the growth of the market?
- Has the supply chain disruption caused changes in the entire value chain?
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