Wednesday, August 3rd, 2016

Global yeast extract market size was estimated over USD 490 million in 2015 and is likely to exceed more than USD 950 million by 2023, growing with CAGR of over 8% from 2016 to 2023.

Europe was the dominant region and accounted for more than 35% of the total yeast extract market share in 2015. North America yeast extract market size was estimated more than USD 125 million in 2015 and is likely to witness significant gains of over 7.5% from 2016 to 2023. Asia Pacific is likely to witness highest gains over the forecast period.

Increasing natural ingredients demand coupled with growing health awareness is likely to drive market over the forecast period. It is often been used to replace monosodium glutamate (MSG) in food industry. Autolysed yeast product (also known as yeast autolysate) contains glutamic acid and is often used as low-cost substitute for MSG. Significant opportunities exist for yeast beta glucan market.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/201  

Approval of the FDA and EU committee namely SCF (Scientific Committee on Food) for its use in food & beverages industry is likely to favor market growth. FDA classifies yeast extract (Bakers) as GRAS (generally recognized as safe) and can be used as food ingredients. Under EU regulation 1334/2008, yeast extracts are considered as natural flavoring preparations and therefore can be labeled and declared as natural flavorings.

Increasing dairy product consumption is likely to drive yeast extract demand. It is used for cultivating microorganisms in dairy products such as cheese and yogurts as it contains nitrogen and growth stimulating compounds. The European Association for Specialty Cheese Products has estimated that it is widely used in Europe and the U.S. in dairy product applications.

Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/201  

It has been proved that dry yeast extract used for poultry applications helps in improving the growth rate indices and development of digestive tract. This makes it an excellent product for use in poultry applications thereby favoring market growth.

It is also used in pharmaceutical applications. Beta glucan is an immunostimulant derived from cell walls of baker yeast. It activates WBCs (white blood cells) such as granulocytes, monocytes and macrophages which are responsible for defending against infections and repairs the damaged tissue in the body.

Supply demand imbalance of raw materials such as molasses is likely to hinder growth as it is also used in other industries. Food & beverages industries can also use yeast extracts as a substitute for salts which can reduce the adverse impact on cardiac activity due to restriction on excess of sodium intake. They can also be developed to be used in cosmetics and personal care industry.

Browse complete summary of this report @ https://www.gminsights.com/industry-analysis/yeast-extract-market

Growing cellulosic bio-diesel market demand in automotive fuel applications is likely to provide new growth opportunities for yeast extract market. The U.S. EPA has proposed legislation regarding blending of bio-fuels with gasoline and also has set targets for its member states such as the U.S. China, Japan, India and Brazil.

Europe witnessed the highest yeast extract consumption over the past few years. This is due to increase in consumption of processed food products such as canned & frozen soups, meat & canned fish, sauces, snack foods, cheese and yogurt. Hectic lifestyle coupled with growing awareness towards health food consumption is likely to drive demand in Europe. Asia Pacific is likely to witness highest growth rates over the forecast period as consumers are shifting their preference towards adopting processed foods. China and India are likely to witness highest gains in this region owing to rise in per-capita disposable incomes along with population expansion.

The global yeast extract market share is consolidated with few manufacturers present across the value chain. Key companies include Biospringer, DSM, Kerry, Lallemand, Leiber, Ohly, Sensiment, Biorigin and Kohjin Life Sciences.

Subscribe to our newsletter: https://www.gminsights.com/newsletter/subscribe

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1 302-846-7766

Toll Free: 1 888-689-0688

Email:[email protected]

Web:https://www.gminsights.com

Blog:https://gminsights.wordpress.com/

Source: Global Market Insights, Inc.

 

File Library

Contact Profile

Global Market Insights Inc.


Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


Arun Hegde
P: 1-302-846-7766
M: 1-302-846-7766
W: www.gminsights.com/

Keywords

Yeast Extract Market, Global Yeast Extract Industry Size, Share, Price, Growth Trends, Competitive Analysis and Report, Yeast Extract Market report, Yeast Extract Market research, Yeast Extract Market analysis, Yeast Extract Market forecast

Categories

Newsrooms

Sharing

More Formats

View QR Code