Global Market Insights

Yeast Extract Market Size, Industry Analysis Report, Regional Outlook, Application Development, Price Trend, 2016 – 2023

Press release   •   Apr 19, 2016 04:29 EDT

Global yeast extract market size was estimated over USD 490 million in 2015 and is likely to exceed more than USD 950 million by 2023, growing with CAGR of over 8% from 2016 to 2023.

Increasing natural ingredients demand coupled with growing health awareness is likely to drive market over the forecast period. It is often been used to replace monosodium glutamate (MSG) in food industry. Autolysed yeast product (also known as yeast autolysate) contains glutamic acid and is often used as low-cost substitute for MSG. Significant opportunities exist for yeast beta glucan market.

It has multiple taste-providing properties and is used in many food & beverages applications. This property differentiates it from flavor enhancing products such as MSG whose function is to strengthen the existing taste of other present ingredients. According to EU, flavor enhancers are classified as additives and have to be labeled with an E-number. Yeast extract on the other hand is classified as food ingredient owing to the presence of protein rich compounds which enables them to impart taste-giving characteristics.

Get sample pages from latest research report @

Approval of the FDA and EU committee namely SCF (Scientific Committee on Food) for its use in food & beverages industry is likely to favor market growth. FDA classifies yeast extract (Bakers) as GRAS (generally recognized as safe) and can be used as food ingredients. Under EU regulation 1334/2008, yeast extracts are considered as natural flavoring preparations and therefore can be labeled and declared as natural flavorings.

Increasing dairy product consumption is likely to drive yeast extract demand. It is used for cultivating microorganisms in dairy products such as cheese and yogurts as it contains nitrogen and growth stimulating compounds. The European Association for Specialty Cheese Products has estimated that it is widely used in Europe and the U.S. in dairy product applications.

Functional nutritional ingredients used in feeding applications for agricultural animals utilized for meat consumption enhances the immune system, improves nutritional absorbability and reduces susceptibility to various diseases. This factor enhances the growth and development of animals. Poultry is one of the major applications consuming functional nutritional ingredients.

It has been proved that dry yeast extract used for poultry applications helps in improving the growth rate indices and development of digestive tract. This makes it an excellent product for use in poultry applications thereby favoring market growth.

It is also used in pharmaceutical applications. Beta glucan is an immunostimulant derived from cell walls of baker yeast. It activates WBCs (white blood cells) such as granulocytes, monocytes and macrophages which are responsible for defending against infections and repairs the damaged tissue in the body.

Supply demand imbalance of raw materials such as molasses is likely to hinder growth as it is also used in other industries. Food & beverages industries can also use yeast extracts as a substitute for salts which can reduce the adverse impact on cardiac activity due to restriction on excess of sodium intake. They can also be developed to be used in cosmetics and personal care industry.

Growing cellulosic bio-diesel market demand in automotive fuel applications is likely to provide new growth opportunities for yeast extract market. The U.S. EPA has proposed legislation regarding blending of bio-fuels with gasoline and also has set targets for its member states such as the U.S. China, Japan, India and Brazil.

Europe witnessed the highest yeast extract consumption over the past few years. This is due to increase in consumption of processed food products such as canned & frozen soups, meat & canned fish, sauces, snack foods, cheese and yogurt. Hectic lifestyle coupled with growing awareness towards health food consumption is likely to drive demand in Europe. Asia Pacific is likely to witness highest growth rates over the forecast period as consumers are shifting their preference towards adopting processed foods. China and India are likely to witness highest gains in this region owing to rise in per-capita disposable incomes along with population expansion.

The global yeast extract market share is consolidated with few manufacturers present across the value chain. Key companies include Biospringer, DSM, Kerry, Lallemand, Leiber, Ohly, Sensiment, Biorigin and Kohjin Life Sciences.

Who we are

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

We serve clients on every aspect of strategy, including product development, application modeling, exploring new markets and tapping into niche growth opportunities.

What we do

Global Market Insights publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results.

We believe that exceptional problems require exceptional people to solve, while exceptional people are invariably drawn towards solving exceptional problems. We have built our team around this belief, with industry analysts, consultants and domain experts, leveraging their global experience, helping us deliver excellence in all assignments we undertake. Global Market Insights publishes over 200 industry research reports, providing data points mentioned below:

  • Industry Research
  • Market Sizing & Forecast
  • Competitive Intelligence
  • Market Entry Strategy
  • Pricing Trends
  • Sustainability Trends
  • Customer Insights
  • Technology Evolution
  • Innovation Trends
  • Distribution Channel Assessment

At Global Market Insights, we believe that only granular information can help clients take efficient business decisions. Our reports frequently include detailed regional information for the following:

  • North America (U.S., Canada)
  • Latin America (Brazil, Argentina, Mexico, Chile, Peru)
  • Europe (Germany, UK, France, Sweden, Greece, Italy, Spain, Czech Republic, Netherlands, Norway, Denmark, Finland, Austria, Switzerland, Belgium)
  • CEE and CIS (Turkey, Russia, Israel, Poland, Serbia, Ukraine, Estonia, Latvia, Lithuania)
  • MEA (South Africa, Egypt, Morocco, Tunisia, UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait)
  • Asia Pacific (India, Korea, Taiwan, Indonesia, Australia, Japan, China, New Zealand, Singapore, Philippines, Malaysia)

Our vision

To create a unique space in the global industry and be identified as the most consistent and committed growth partner for market research, strategy formulation and sustainable organizational development.

Our mission

Being a value-driven organization, our mission is to deliver practical and enduring results, driven by accurate and timely research, that enable our clients to take strategic decisions and achieve growth objectives.

Our values

  • Client confidentiality
  • Integrity and accountability
  • Commitment towards making a positive difference for our clients