Yeast Extract Market Size | Industry Report, 2022-2029

Market Insights

Yeast extract is a natural food ingredient primarily in use as flavouring agent is

formed using the yeast cell contents without cell walls. Autolysis and hydrolysis

are the two technologies used for production of yeast extracts

Pure baker’s yeast is the preferred source for extraction owing to its superior

functional properties in food applications over brewer’s yeast

The main food products that are based on yeast extracts are snacks and

prepared meals. Other products include sauces and seasonings, fish-based

ready meals, soups, noodles, bakery, spreads, dairy products, sweet products,

and drinks.

The global yeast extracts market valued USD YY.YY million in 2022 and is

estimated to reach USD YY.YY million by 2029, growing at a CAGR of 5.92%

during the forecast period (2022-2029)

 

Market Dynamics

Increasing global demand for bakery products

The modern world is experiencing an increasing demand for bakery products and baked goods. White bread is a staple for many consumers throughout Europe, North America, and South America. The consumption of white bread is also increasing in the Asia-Pacific region and Middle East.

The adoption of a modern lifestyle by the middle class has increased demand for high-value bakery products such as cakes, pies, cookies, and pizza. Other fast-food preparations such as burgers and sandwiches are also increasing the demand for bread.

The increasing global demand for bakery products is a key driver for the growth of the market.

 

Market Segmentation – By Technology- Autolyzed

Autolyzed yeast extract is made from the breakdown of yeast cells. As the enzymes in the yeast break down proteins, amino acids, ions, and carbohydrates are released, the cell wall is damaged. Autolyzed yeast extract separates the soluble components from the insoluble ones.

Autolyzed yeast extract is made by separating the cell components from the amino acid components. The products are accomplished using centrifugation or other methods, with the resulting yeast extract being filtered and spray-dried or left as a liquid. It can help give meals a "meaty" flavor. Unlike the pre-separated autolyzed yeast, the extract is clearer and can be used in a wider range of applications. The insoluble cell wall components are isolated and dried separately as animal feed.

 

Geographical Analysis- Middle East & Africa

The COVID-19 pandemic had a significant impact on countries in Middle East and Africa, including Saudi Arabia and UAE. COVID-19 positive cases are increasing in quantity, posing a threat to their respective countries. Economic crises are afflicting the countries, wreaking havoc on many sectors such as consumer products and food and beverages.

Food and beverage sales decreased across the region due to the lockdowns in various countries and transportation restrictions. Food and beverage retail sales, on the other hand, increased as the work-from-home lifestyle became more popular. To some extent, this compensated for the loss in the region's industrial food and beverage sector. In addition, demand for packaged and ready-to-cook meals with yeast extract as a crucial ingredient has

increased.

 

Competitive Scenario

The global yeast extract market is moderately competitive. The market growth is dominated by global companies, followed by a few local players. The major competitors in the global yeast market are Lesaffre Group, Leiber GmBH, Lallemand, Inc., DSM, Thai Foods International Co., Ltd. and others.

The players are adopting various new strategies to dominate the market, such as certifications, acquisitions, launching new products and expansions, which

are responsible for the growth of the global yeast extract market.