Global Yeast Extract Powder Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 8.4% from 2024 to 2030.
The Global yeast extract powder market is experiencing significant growth due to the increasing demand for natural ingredients in the food and beverage industry. This powder is widely used as a flavor enhancer, protein supplement, and in the production of various food products like soups, sauces, snacks, and processed meats. The market size is expanding as consumers seek healthier alternatives to artificial additives. Additionally, yeast extract powder is gaining popularity in the cosmetic and pharmaceutical sectors, where it is used for its rich nutrient content and potential health benefits. The demand for clean-label products, driven by consumer preferences for natural and minimally processed food items, is further bolstering the market's growth prospects. Moreover, the market is benefiting from the expansion of plant-based food offerings, as yeast extract serves as a valuable ingredient in vegan and vegetarian diets.
In terms of regional trends, the Asia-Pacific region is expected to witness significant growth in the yeast extract powder market, driven by rising consumer awareness about health and wellness. Countries such as China and India are seeing increasing adoption of yeast extract powder in both traditional and modern food products. The growing popularity of plant-based protein products is also propelling demand in these regions. Furthermore, the growing trend of personalized nutrition and the rise of e-commerce platforms are creating new avenues for the yeast extract powder market. Companies are investing in research and development to enhance the functionality and quality of yeast extract products, which is expected to create new opportunities for market players. With sustainability becoming a central focus, manufacturers are exploring innovative production processes to ensure a minimal environmental footprint, thereby appealing to eco-conscious consumers and expanding their market reach.
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Titan Biotech Limited
Angel Yeast
Algist Bruggeman
Lesaffre UK & Ireland
Red Star
AB Mauri-Diamond
Kerry Group
Lallemand
Associated British Foods
Biorigin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl Yeast Extract Powder Market
Active Yeast Extract Powder
Inactive Yeast Extract Powder
Partially Hydrolyzed Yeast Extract Powder
Autolyzed Yeast Extract Powder
Food Industry
Animal Feed
Pharmaceuticals
Nutrition Supplements
Baker's Yeast
Brewer's Yeast
Candida Yeast
Powdered Form
Granular Form
Liquid Form
Food Manufacturers
Animal Nutrition Providers
Pharmaceutical Companies
Retail and E-commerce
US (Global, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Gloabl Yeast Extract Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl Yeast Extract Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Yeast Extract Powder Market, By Type
6. Gloabl Yeast Extract Powder Market, By Application
7. Gloabl Yeast Extract Powder Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Gloabl Yeast Extract Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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