Yeast Extracts Market Share, Size, and Trends by 2031
Yeast Extracts Market: Strategic Insights
Yeast Extracts Market
-
CAGR (2023 - 2031)5.0% -
Market Size 2023
US$ 1.75 Billion -
Market Size 2031
US$ 2.59 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing demand for savory flavors
- Growth in the vegan and vegetarian trend
- Rising demand for natural food ingredients
FUTURE TRENDS
- Rising demand for natural food additives
- Focus on plant-based flavoring agents
- Increased use in health supplements
OPPORTUNITIES
- Expansion in clean-label food products
- Technological advancements in yeast extract production
- Growth in animal feed applications
Key Players
- Kerry Group Plc
- Angel Yeast Co Ltd
- BioOrigin
- DSM
- LALLEMAND INC
- LEIBER GMBH
- Titan Biotech
- Synergy Flavors
- Ohly
- Ajinomoto Co Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Form
- Powder
- Paste
- Liquid
Technology
- Hydrolysed
- Autolyzed
Application
- Food & Beverages
- Pharmaceuticals
- Animal Feed