Yeast Extract Market report provide emerging opportunities in the market and the future impact of major Key vendors and Market driver and, support decision s in making cost-effective business decisions. The market report assesses key opportunities in the market and outlines the factors that are and will be driving the growth of the Yeast Extract industry. The Yeast Extract Market is anticipated to increase at a significant to grow at USD 1.8 billion during by 2024.
Yeast Extract Market size is set to exceed USD 1.8 billion by 2024; according to a new research report.
Strong application potential in food & beverage industry should favour yeast extract market size. Key properties favouring product demand in food & beverages industry include flavour & taste enhancing, high nutrient content and sodium content reduction.
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Yeast extract market size from food & beverage applications may witness strong gains and surpass USD 1 billion at the end of forecast period. It is widely used in dairy products, bakery, soups, processed foods and savory mixes. Increasing convenience food consumption due to changing dietary routines should favor industry growth.
Rise in clean labelled natural ingredients demand along with increasing need for salt reduction in routine diet should drive product demand. It is a potential replacement for chemical food additives such as MSG along with favourable government norms, thereby making it suitable for food & beverage applications.
Autolyzed yeast extract market size should witness gains at over 5%. It is widely used for animal feed and food & beverage applications due to natural meaty flavour and nucleoside content. Shift in animal feed manufacturers preference towards adding flavour enhancers to increase palatability accompanied with growing awareness regarding high nutrition content should promote product demand.
Key raw materials, baker’s & brewer’s yeast, saccharomyces cerevisiae and molasses, are used in the manufacturing process. Molasses are most widely used as it provides high nutrient content growth media for fermentation. These raw materials are used in various applications and may face supply deficit and impact yeast extract market price trend.
U.S. yeast extract market size should register close to 4.5% growth. Favorable FDA regulations regarding labelling as natural ingredient and government initiate towards salt reduction campaigns for promoting health awareness should drive regional industry growth.
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China yeast extract market size from animal feed application is anticipated to register over USD 20 million in sales by 2024. It is used as feed additive for providing nutrition, protein, vitamin, mineral, lipids and nucleosides which helps in improving metabolism and immune system.
Powder yeast extracts are widely used in dairy culture cheese and processed foods. They enhance the dairy product taste along with flavor masking and have high amino acid, vitamins and peptides content which are beneficial to as microbial culture media.
Germany yeast extract market size from food & beverages application may register above 4% gains. Presence of organizations such as EURASYP, promoting awareness regarding use of yeast and its derivative due to its clean label status may drive industry growth.
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Global Plant Protein Market 2017-2021
Plant protein is derived from sources such as soy, wheat, and other plant sources. Its application is in food and beverages products, sports nutrition products, and pharmaceutical and personal care products. The majority of plant proteins are extracted from cereals and legumes. The quality of the plant protein, as well as its quantity, is determined based on the nutritional profile.
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