North America Yeast Extract Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Technology (Autolyzed and Hydrolyzed); Form (Powder, Paste, and Liquid); Application (Food and Beverages, Animal Feed, Pharmaceuticals, and Others)

Market Introduction

Yeast extract is a type of food flavoring agent that is used to make beer and bread. The yeast extract is added to foods such as cheese, soy sauce to give a savory flavor. The yeast extracts are comprised of cell contents of the yeast without the cell walls. The extract of yeast is also found in canned soups, frozen dinners, salty-snacks, and stews. The yeast extract doesn’t contain any GMO ingredients, chemical substances and synthetic additives or animal-derived ingredients. The yeast extract is a vital and rich source of amino acids, peptides, proteins, nucleotides, minerals, vitamins, and micro-nutrients.

Market Overview and Dynamics

The North America yeast extract market is expected to reach US$ 561.2 million in 2027 from US$ 389.6 million in 2019. The market is estimated to grow with a CAGR of 4.7% from 2020-2027. The growth of this market is estimated to grow owing to key driving factors such as the rising demand for natural ingredients in food & beverages industry and the launch of new products. However, the market is expected experiencing slow growth during the forecast period owing to the availability of yeast extract substitutes.

Key Market Segments

Based on technology, the yeast extract market is segmented into autolyzed and hydrolyzed. Based on form, the yeast extract market is segmented into powder, paste, and liquid. Based on application, the yeast extract market, is segmented into food and beverages, animal feed, pharmaceuticals, and others.

Major Sources and Companies Listed

Some of the major primary and secondary sources for yeast extract market included in the report are the Food and Drug Administration (FDA), Single Platform 2020 (US), and others.

Reasons to buy the report

• To understand the North America yeast extract market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for yeast extract market
• Efficiently plan M&A and partnership deals in North America yeast extract market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form yeast extract market
• Obtain market revenue forecast for market by various segments from 2019 to 2027 in North America region

NORTH AMERICA YEAST EXTRACT MARKET SEGMENTATION

By Technology

• Autolyzed
• Hydrolyzed

By Form

• Powder
• Paste
• Liquid

By Application

• Food & Beverages
• Animal Feed
• Pharmaceuticals
• Others

By Country

• North America

• US
• Canada
• Mexico

Company Profiles

• Kerry Group                  
• Angel Yeast Co., Ltd.                  
• BioOrigin         
• DSM                 
• LALLEMAND, INC.       
• LEIBER GMBH               
• Titan Biotech                
• Synergy Flavors            
• Ohly                  
• Ajinomoto Co. Inc.      
• Lesaffre          
• Specialty BioTech        
• Zhuhai TXY Biotech Holding Co., Ltd    
• Yantai Huahai Biochemical Product Co., Ltd.    
• LEVEX               
• Zhen-Ao Bio-Tech

1. Kerry Group                  
2. Angel Yeast Co., Ltd.                  
3. BioOrigin         
4. DSM                 
5. LALLEMAND, INC.       
6. LEIBER GMBH               
7. Titan Biotech                
8. Synergy Flavors            
9. Ohly                  
10. Ajinomoto Co. Inc.      
11. Lesaffre          
12. Specialty BioTech        
13. Zhuhai TXY Biotech Holding Co., Ltd    
14. Yantai Huahai Biochemical Product Co., Ltd.    
15. LEVEX               
16. Zhen-Ao Bio-Tech

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