Yeast Extract Market Global Outlook on Rising Demand and Trends - 2029Posted by ankush Nikam on February 11th, 2020 Yeast products are mostly process-resistant, i.e., their composition does not get affected by processes when acid is introduced or during heating or freezing. This makes them appropriate for use in various applications across numerous industries such as food, beverages, cosmetics and personal care, nutraceuticals, pharmaceutical, and others. In the food and beverage industry, yeast extract is mainly used in soups, broths, fish, meat, analogue products, and seasonings. Diverse application of different types of yeast extracts is driving market growth, and, as such, the global yeast extract market is witnessing rising demand, as consumers seek healthy food products derived from natural sources. The global yeast extract market is anticipated to be valued at US$ 1.1 Bn in 2019. Future Market Insights, a reputed name in the market research industry, projects that, the yeast extract market is expected to experience a growth rate of more than 6% in terms of value during the forecast period of 2019-2029. Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-10920 Key Takeaways from Yeast Extract Market Study
Yeast Extract Manufacturers Focusing on Product Innovation and Launches to Establish Strong Footprint
Manufacturers operating in the yeast extract are investing more in research & development activities to upscale their product innovation and improve their product portfolio. They are also focusing on increasing their sales footprint to serve consumers around the globe. Yeast extract manufacturers are expanding their supply chain to meet the demand from various end-use industries such as food and beverages, animal feed, pharmaceuticals, microbial nutrients, cosmetic and personal care, and other industries. Find More Valuable Insights on Yeast Extract Market Future Market Insights, in its new offering, provides an unbiased analysis of the global yeast extract market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study divulges compelling insights on the yeast extract market based on grade (food and feed) end use (food and beverages, animal feed, pharmaceuticals, microbial nutrients, cosmetic and personal care, and other industries), across five major regions. Like it? Share it!More by this author |