Market Overview:
The global enriched yeast extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for processed food, increasing awareness about health and wellness, and growing demand for fortified foods. In terms of type, the powdered segment is expected to dominate the global enriched yeast extract market during the forecast period. This can be attributed to its easy usage and storage properties. In terms of application, food and beverages segment is expected to account for a major share of the global enriched yeast extract market during the forecast period. This can be attributed to increasing demand for healthy food products across regions.
Product Definition:
A yeast extract is a foodstuff that is made from the autolyzed or fermented broth of yeast. It is produced by extracting the soluble intracellular compounds from yeast cells and then concentrating them. Enriched yeast extract contains added minerals and vitamins, most notably B-complex vitamins. It has a strong flavor that is used to enhance the taste of other foods. Enriched yeast extract can be found in many commercial food products, such as bouillon cubes, canned soups, and ramen noodles.
Powder:
Powder is a dry, granular form of food ingredients or additives which are made from natural and artificial sources. It can be produced in different particle sizes ranging from dust to flake depending on the intended use. Powder foods have high demand due to its convenience, portability & storage ability and easy handling capability during cooking process.
Liquid:
Liquid is a clear, odorless and flavorless liquid that is used as an ingredient in the formulation of various food products. It can be sourced from both natural and artificial sources. The most commonly used liquid ingredients are milk, soy sauce, water, stock or broth (made from chicken or beef), oil (vegetable oils such as sunflower oil) and gelatin.
Application Insights:
Food and beverage was the largest application segment in 2015, accounting for over 60.0% share of the global demand. The product is widely used as a food additive to improve dough strength, foam quality and yeast activity in bread making process. It is also added to various bakery products such as cookies, muffins and cakes for enhancing their taste and nutritional value.
The use of enhanced yeast extract helps maintain freshness longer by preventing spoilage caused by bacterial growth inside the food item.
Regional Analysis:
Europe was the largest market for the global ENYE extract, accounting for 35.1% of total revenue in 2017. The region is expected to dominate the industry over the forecast period owing to factors such as growing bakery and confectionery sector, increasing demand for nutritional products, and rising consumer health awareness among others.
Asia Pacific is projected to be one of fastest-growing regional markets at a CAGR of XX% from 2018 to 2030 due to rapid industrialization along with expanding pharmaceutical sector in China and India on account of rising healthcare expenditure by consumers as well as government coupled with improving economic conditions are anticipated boost product demand over next eight years.
Growth Factors:
- Increasing demand for processed and convenience foods: The growing demand for processed and convenience foods is one of the key growth drivers for the enriched yeast extract market. This is because enriched yeast extract helps in enhancing the flavor, texture, and appearance of these types of food products.
- Rising awareness about the health benefits of enriched yeast extract: There is a rising awareness among consumers about the health benefits offered by enriched yeast extract. This has led to an increase in its demand as a dietary supplement across different regions.
- Growing popularity of plant-based diets: The popularity of plant-based diets is another major factor that is driving the growth of the global enriched yeast extract market. Enriched yeast extracts are being increasingly used as ingredients in vegetarian and vegan food products owing to their high nutritional value.
Scope Of The Report
Report Attributes
Report Details
Report Title
Enriched Yeast Extract Market Research Report
By Type
Powder, Liquid, Others
By Application
Food and Beverages, Pharmaceutical, Animal Feed, Others
By Companies
Ohly, Angel Yeast, Lesaffre Group, Kerry Group, Leiber GmBH, Lallemand, Huzhou Purestar Biochem, Yaofi Bio-Tech, Dalian Zhen-Ao Bio-Tech, Chaitanya Agro Biotech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Enriched Yeast Extract Market Report Segments:
The global Enriched Yeast Extract market is segmented on the basis of:
Types
Powder, Liquid, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Pharmaceutical, Animal Feed, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ohly
- Angel Yeast
- Lesaffre Group
- Kerry Group
- Leiber GmBH
- Lallemand
- Huzhou Purestar Biochem
- Yaofi Bio-Tech
- Dalian Zhen-Ao Bio-Tech
- Chaitanya Agro Biotech
Highlights of The Enriched Yeast Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Liquid
- Others
- By Application:
- Food and Beverages
- Pharmaceutical
- Animal Feed
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enriched Yeast Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enriched yeast extract is a product made from fresh or dried yeast that has been enriched with vitamins, minerals, and other nutrients. It is used as a food additive to improve the flavor and texture of foods.
Some of the major companies in the enriched yeast extract market are Ohly, Angel Yeast, Lesaffre Group, Kerry Group, Leiber GmBH, Lallemand, Huzhou Purestar Biochem, Yaofi Bio-Tech, Dalian Zhen-Ao Bio-Tech, Chaitanya Agro Biotech.
The enriched yeast extract market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enriched Yeast Extract Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Enriched Yeast Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enriched Yeast Extract Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Enriched Yeast Extract Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Enriched Yeast Extract Market Size & Forecast, 2018-2028
4.5.1 Enriched Yeast Extract Market Size and Y-o-Y Growth
4.5.2 Enriched Yeast Extract Market Absolute $ Opportunity
Chapter 5 Global Enriched Yeast Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Enriched Yeast Extract Market Size Forecast by Type
5.2.1 Powder
5.2.2 Liquid
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Enriched Yeast Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Enriched Yeast Extract Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Pharmaceutical
6.2.3 Animal Feed
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enriched Yeast Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Enriched Yeast Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Enriched Yeast Extract Analysis and Forecast
9.1 Introduction
9.2 North America Enriched Yeast Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Enriched Yeast Extract Market Size Forecast by Type
9.6.1 Powder
9.6.2 Liquid
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Enriched Yeast Extract Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Pharmaceutical
9.10.3 Animal Feed
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Enriched Yeast Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Enriched Yeast Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Enriched Yeast Extract Market Size Forecast by Type
10.6.1 Powder
10.6.2 Liquid
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Enriched Yeast Extract Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Pharmaceutical
10.10.3 Animal Feed
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Enriched Yeast Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Enriched Yeast Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Enriched Yeast Extract Market Size Forecast by Type
11.6.1 Powder
11.6.2 Liquid
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Enriched Yeast Extract Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Pharmaceutical
11.10.3 Animal Feed
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Enriched Yeast Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Enriched Yeast Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Enriched Yeast Extract Market Size Forecast by Type
12.6.1 Powder
12.6.2 Liquid
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Enriched Yeast Extract Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Pharmaceutical
12.10.3 Animal Feed
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Enriched Yeast Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Enriched Yeast Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Enriched Yeast Extract Market Size Forecast by Type
13.6.1 Powder
13.6.2 Liquid
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Enriched Yeast Extract Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Pharmaceutical
13.10.3 Animal Feed
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Enriched Yeast Extract Market: Competitive Dashboard
14.2 Global Enriched Yeast Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ohly
14.3.2 Angel Yeast
14.3.3 Lesaffre Group
14.3.4 Kerry Group
14.3.5 Leiber GmBH
14.3.6 Lallemand
14.3.7 Huzhou Purestar Biochem
14.3.8 Yaofi Bio-Tech
14.3.9 Dalian Zhen-Ao Bio-Tech
14.3.10 Chaitanya Agro Biotech
