Europe Yeast Extract Market By Technology (Autolyzed and Hydrolyzed), By Application (Food & Beverages, Animal Feed, Pharmaceuticals and Other Applications), By Form (Paste, Powder and Flakes), By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The Europe Yeast Extract Market would witness market growth of 4.5% CAGR during the forecast period (2020-2026). Yeast is an example of a eukaryotic single-celled microorganism that is classified as one of the members of the fungi kingdom. Baker’s yeast is useful in the manufacturing of ethanol production, baked products, and antibiotics for medical uses. It also finds its application in the production of alcoholic beverages, for which saccharomyces cerevisiae is used.
UYeast extract comprises cell contents of yeast that lack the cell wall. Yeast is a eukaryotic unicellular microscopic resourceful organism that belongs to the kingdom fungi. It is widely used in the food & beverage industry for the process of fermentation. Yeast extract is the common name for thick brown partly solid processed yeast products that are obtained from extracts of the cell content. Autolyzed and hydrolysed technology-based products are widely used and these products are available in different forms like fresh, dry, and instant yeasts.
The consequence of this process is yeast extract, a blend of different carbohydrates, minerals, amino acids, and vitamins. As per the European Association for Specialty Yeast Products, cumulative product development in the vegan and plant-based space and also as a meat alternative is creating a new opportunity for the product in order to provide a savory flavor and clean label edge.
Based on Technology, the market is segmented into Autolyzed and Hydrolyzed. Based on Application, the market is segmented into Food & Beverages, Animal Feed, Pharmaceuticals and Other Applications. Based on Form, the market is segmented into Paste, Powder and Flakes. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Associated British Foods PLC (Wittington Investments Limited), Lallemand, Inc., Carbery Group Ltd., Kerry Group PLC, Lesaffre Group, Specialty Biotech Co., Ltd., Halcyon Proteins Pty. Ltd., Alltech, Leiber GmbH, and Angel Yeast Co., Ltd.
Scope of the Europe Yeast Extract Market Analysis
- Food & Beverages
- Animal Feed
- Other Applications
- Rest of Europe
- Associated British Foods PLC (Wittington Investments Limited)
- Lallemand, Inc.
- Carbery Group Ltd.
- Kerry Group PLC
- Lesaffre Group
- Specialty Biotech Co., Ltd.
- Halcyon Proteins Pty. Ltd.
- Leiber GmbH
- Angel Yeast Co., Ltd.
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