New York, According to a new market research report published by Global Insight Services “Yeast Extract Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Yeast extract is a food ingredient that is derived from yeast cells. It is a brownish, paste-like substance that is high in protein and vitamins, and is used as a flavoring agent in many processed foods. Yeast extract is also a source of glutamic acid, which is a key component of MSG (monosodium glutamate), a common food additive.
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Key Trends
Some of the key trends in yeast extract technology include the development of new methods for the production of yeast extract, the use of yeast extract as a food ingredient, and the use of yeast extract in the cosmetics industry.
The development of new methods for the production of yeast extract has led to the development of more efficient and cost-effective methods of production. This has allowed yeast extract to be used more widely as a food ingredient and in the cosmetics industry.
The use of yeast extract as a food ingredient has increased in recent years due to its high nutritional value. Yeast extract is a rich source of vitamins, minerals, and amino acids, and has been shown to have health benefits.
The use of yeast extract in the cosmetics industry has also increased in recent years. Yeast extract is a natural source of antioxidants, which can help to protect the skin from damage caused by free radicals. Yeast extract is also a good source of B vitamins, which are essential for healthy skin.
Key Drivers
The key drivers of the yeast extract market are the growing demand for processed food, the increasing use of yeast extract as a flavor enhancer, and the rising health consciousness among consumers. The growing demand for processed food is driven by the busy lifestyles of consumers and the need for convenience. The increasing use of yeast extract as a flavor enhancer is driven by the growing food and beverage industry, which is looking for ways to improve the taste and smell of its products. The rising health consciousness among consumers is driving the demand for healthy and natural food ingredients, such as yeast extract.
Key Market Segments
The yeast extract market bifurcated on the basis of technology, type, application, and region. On the basis of technology, it is segmented into autolyzed and hydrolyzed. By type, it is divided into baker’s yeast, wine yeast, feed yeast, and others. By application, it is analyzed across food & beverages, animal feed, pharmaceuticals, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Market Players
The yeast extract market report includes players such as Lesaffre Group, Kerry Group, Angel Yeast, Leiber GmBH, Lallemand, Inc., Biospringer, DSM, Synergy Flavors, AB Mauri, Biorigin.
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Reasons to buy Yeast Extract Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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