Global Yeast Extract – Market Outlook
Yeast extract is natural food ingredients produced from the digestion of yeast cells releasing natural occurring ribonucleotide and amino acids. As an ingredient yeast extract is extremely versatile for food production. The use of yeast extract can greatly increase the performance of the fermentation process. Yeast extract compositions based on yeast composition, it contains free amino acids, carbohydrates, vitamins, and minerals. Yeast extract provides the main nutrient for large scale fermentation. From soups to condiments processed meat to seasonings yeast-based products provide a rich taste of its own and are globally recognized for salt reduction or MSG replacement. The World Health Organization (WHO) member states agreed to reduce the global salt intake by 30%. Nutritional yeast contains no sodium, hence nutritional yeast works as a superb salt replacement. Yeast extract is used as a seasoning or spreads mainly in Western European and Oceania regions.
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Yeast extract is presumed to be the sustainable ingredient for the food products as it produced from microbial fermentation. Yeast extract contains naturally occurring glutamates that are a form of an amino acid found in many foods. Food companies and restaurants use yeast extract as an aromatic ingredient to design flavorful food and beverages recipes of various applications such as soup and sauces, seasonings and snacks and others. Moreover, a growing trend of sanctification is also supporting the use of yeast extract in different types of snacks. Yeast extracts offer multiple health benefits along with providing the vibrant taste and flavor to the snacks and savory items. Growing consumption of ready-to-eat meals is also a considerable factor for the growth yeast extract market.
Global Yeast Extract Market – Segmentation
On the basis of form, the global yeast extract market has been segmented as
- Liquid
- Powder
- Paste
On the basis of end-use, the global yeast extract market has been segmented as
- Soup and bouillon
- Sauces and dressing
- Ready meals
- Savory snacks
- Others
Global Yeast Extract Market – Key Players
The market participants operating in the global yeast extract market are identified across the value chain include Ohly, ABF Ingredients, Leiber, Biospringer, Kerry Inc., Lallemand Inc., among the other yeast extract manufacturers.
Opportunity in Global Yeast Extract Market
Yeast extract is used as an ingredient in the food and beverage industry, especially to produce healthier and nutritional food. The composition of yeast, especially rich in protein and nucleotides explains the taste diversity and intensity of yeast extract. The various taste and other properties make yeast a valuable ingredient for food manufacturers to formulate more flavorful food and beverages. Due to its strong natural flavor, yeast extract allows food manufacturers to reduce the sodium content by up to 30%, without compromising with the taste. Processed food producers are increasingly approaching the use of yeast extract due to its natural and unique taste offerings. Yeast extract’s diversity in taste and intensities allows the manufacturer to address various formulation challenges such as taste improvement and balancing nutritional profile.
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COVID 19 Impact on Global Yeast Extract Market
The yeast extract market would be possibly hit by the COVID-19 disease outbreak as the food and beverage industry is also affected by the global pandemic. The manufacturing sector has also been stopped which is also creating a negative impact on the production of yeast extract. The yeast extract has also viable use in the foodservice industry which is also a considerable factor for the reduction in the use of yeast extract in food products. Therefore, the coronavirus pandemic would have a moderate to high effect on the yeast extract market.
