The USA Yeast Extracts market is expected to reach a market valuation of US$ 1,291.3 million by the year 2023, accelerating with a CAGR of 8.3% by 2023 to 2033.
The demand for natural components has been rising across different demographics over recent years. The growing acceptance of plant-based diets, and increased knowledge of the health advantages of yeast extract have all contributed to its steady rise in the USA.
In the upcoming years, the market is anticipated to rise moderately as a result of these and other factors.
The growing desire for natural ingredients is one of the main factors fueling growth in the yeast extract market. As consumers' awareness of their health increases, they look for items without additives and preservatives. A natural component that is well-positioned to profit from this trend is yeast extract.
As a result, producers are spending money on R&D to develop new products that satisfy consumer demand for natural ingredients.
The rising acceptance of plant-based diets is another factor boosting the market for yeast extract. Yeast extract is becoming more and more popular as a flavor enhancer and component in plant-based products.
Yeast extract has also been demonstrated to provide health advantages, including lowering cholesterol levels and decreasing inflammation, which appeals to consumers who are concerned about their health.
The COVID-19 epidemic had affected the yeast extract business as well, as consumers grew increasingly concerned with their health and wellbeing. As a result, natural and nutritious components, such as yeast extract, witnessed higher demand. This pattern is anticipated to persist even that the pandemic has now long passed.
However, the market for yeast extract also faces difficulties. With numerous established firms and recent newcomers competing for market share, one of the main issues is growing competition. Price pressure and the requirement for producers to continuously innovate and differentiate their products may result from this.
The outlook for the yeast extract market in the USA is positive, with opportunities for growth in the coming years. Awareness regarding trends is paramount to manufacturers’ success in this industry.
Attributes | Details |
---|---|
Yeast Extracts Market Size (2023E) | US$ 1,291.3 million |
Yeast Extracts Market Projected Size (2033F) | US$ 2,868.6 million |
Value CAGR (2023 to 2033) | 8.3% |
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According to Future Market Insights (FMI), the market will continue to grow moderately, with a CAGR of 8.3% between 2023 and 2033 as opposed to a CAGR of 7.7% between 2018 and 2022.
In the food and beverage industry, yeast extracts are being used as a nutritional component very often. The consumer category of sauces and savoury flavorings continues to have the largest usage of autolyzed yeast extracts, followed by dairy products and packaged foods.
Yeast extracts are used as a flavor element in the manufacturing process of bread and beer. It can be observed in several different products, including cheese and sauce. The flavor that yeast extract generates is known as "umami."
As the USA consumer demand increases, so will the desire for healthy, nutritious products manufactured with natural ingredients.
Resources like saccharides and other sugar compounds are readily available at affordable rates. This has resulted in the USA. market for yeast extract being predicted to grow throughout the anticipated time period.
The USA market is projected to expand as a result of increased alcoholic beverage consumption and demand for bakery products.
Market Statistics | Details |
---|---|
Jan to Jun (H1), 2021 (A) | 7.3% |
Jul to Dec (H2), 2021 (A) | 7.1% |
Jan to Jun (H1),2022 Projected (P) | 7.5% |
Jan to Jun (H1),2022 Outlook (O) | 7.6% |
Jul to Dec (H2), 2022 Outlook (O) | 7.9% |
Jul to Dec (H2), 2022 Projected (P) | 8.1% |
Jan to Jun (H1), 2023 Projected (P) | 8.2% |
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Pet Owners in the USA to Boost Yeast Extract Manufacturing to Improve Palatability for Pets
Yeast extract and hydrolyzed yeast solutions have been demonstrated to have good palatability for dogs as well as cats. Research also reveals that the processed forms of yeast are more palatable than the inactive one.
This makes yeast processing through autolysis and hydrolysis procedures an excellent technique to increase product palatability. Consequently, processed yeast can be utilized as a method of distinguishing pet food.
Germ-protection and Hydration Properties of Yeast Compounds to Drive Demand in Cosmetics Sector
Yeast extracts are a combination of flavonoids, amino acids, sugars, and vitamins. This particular fungi product also has a significant amount of antioxidants.
This primes it to fight against potentially hazardous free radicals present in the environment and helps maintain the skin's overall health and look. This protective mechanism also enables extra skin care benefits like boosted moisturizing and calming properties.
The use of yeast extract can bring out a relaxing impact that can help soothe and heal troublesome skin. It achieves this by aiding in the reduction of the amount of oxidative harm that happens on the skin.
Moreover, yeast extract has demonstrated potential as a biosurfactant for moisturizing formulas. It is a wonderful choice for including into creams and lotions since it can increase moisturizer retention and enhance overall hydration as a result.
Overall, topical yeast extract application can better provide the skin with natural defense mechanisms that support healthy-looking skin.
The food and beverage industry is using yeast extract more often as a supplement, and it will continue to draw significant investment. Key players in the market are focusing on investment in R&D to innovate their products and production lines.
Innovation, strategic positioning, mergers and acquisitions, and sustainable initiatives are important for manufacturers to adopt, to help them stay competitive. A few recent developments in the market would be
Attribute | Details |
---|---|
Yeast Extracts Market Projected Size (2033F) | US$ 2868.6 million |
Value CAGR (2023 to 2033) | 8.3% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ Million for Value, MT for Volume |
Key Segments Covered | Functional Area, Source, Form, and Use Case |
Key Companies Profiled | Royal DSM N.V.; Lesaffre Group; Kerry Group; Lallemand, Inc.; Angel Yeast Co. Ltd.; Fuji Foods Corporation; ABF Ingredients (ABF Group); Sensient Technologies Corporation; Leiber GmbH; A. Costantino & C. spa. |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The global market size to reach US$ 2,868.6 million by 2033.
Fuji Food Corporations and Kerry Group are the top key players.
The growth potential of the USA yeast extracts market is 8.3% through 2033.
The increasing production costs are likely to limit market growth.
The cosmetic sector is highly preferred in the global market.
1. Executive Summary | USA Yeast Extracts Market
1.1. The USA Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
3.2. Restraints
3.3. Opportunity
3.4. Market Trends By Country
3.5. Product Claims & Nutritional Information Scan by Buyers
3.6. Macro-Economic Factors
3.7. Forecast Factors - Relevance & Impact
4. The USA Yeast Extracts Market - Pricing Analysis, US$/Kg
4.1. Price (Selling Price) Point Assessment by Country, US$ per Kg
4.2. Minimum/Average/Maximum Selling Prices By Form
4.2.1. Powder
4.2.2. Liquid
4.3. Minimum/Average/Maximum Selling Prices By Source
4.3.1. Baker’s Yeast
4.3.2. Torula Yeast
4.3.3. Brewer’s Yeast
4.4. Price Influencing Factors
4.5. Price Evolution and Forecast till 2033
5. Value Chain Analysis
5.1. Operating margins at each node of the supply chain
5.2. List of Active Market Participants
5.2.1. Raw Material Suppliers
5.2.2. Product Manufacturers
6. Global v/s The USA Yeast Extracts Market Comparison
6.1. Historical Market Value (US$ million) and Volume (MT) Analysis, 2018 to 2022
6.2. Current and Future Market Value (US$ million) and Volume (MT) Projections, 2023 to 2033
6.2.1. By Form
6.2.2. By Functional Area
6.2.3. By Source
6.2.4. By Use Case
7. The USA Yeast Extracts Market Demand (in Value (US$ million) and Volume (MT) Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ million) and Volume (MT) Analysis, 2018 to 2022
7.2. Current and Future Market Value (US$ million) and Volume (MT) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. The USA Yeast Extracts Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Functional Area
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Functional Area, 2018 to 2022
8.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Functional Area, 2023 to 2033
8.3.1. Biotechnology (for cell nutrition)
8.3.1.1. Metabolite Production
8.3.1.2. Recombinant Protein Production
8.3.1.3. Biotransformation
8.3.1.4. Growth Media (Preparation)
8.3.1.5. Pharma Fermentation
8.3.1.6. Bioactive Formulation
8.3.2. Human Consumption (for flavor)
8.3.2.1. Sodium Substitute/ MSG Substitution
8.3.2.2. Sugar Reduction
8.3.2.3. Probiotic Formulation
8.3.2.4. Cheese Powder Substitution
8.3.3. Cosmetics (for skin & hair health)
8.3.3.1. Biofermentation
8.3.3.2. Probiotic Formulation
8.3.3.3. Radical Neutralization
8.3.3.4. Oxidative Stress Reduction
8.3.4. Agriculture (bio stimulants/bio-fertilizers, etc.)
8.3.4.1. Plant Growth Promoters
8.3.4.2. Plant Growth Regulators
8.3.4.3. Bioactivity Promoters
8.3.4.4. Taste Improver Formulation
8.3.4.5. Foliar Fertilizer
8.3.5. Palatability Improvement
8.4. Market Attractiveness Analysis By Functional Area
9. The USA Yeast Extracts Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Source, 2018 to 2022
9.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Source, 2023 to 2033
9.3.1. Yeast Autolysate
9.3.2. Yeast β-glucan
9.3.3. Yeast Mannan Oligosaccharise(MOS)
9.3.4. Baker’s Yeast
9.3.5. Nutritional Yeast
9.3.5.1. Inactive Dried Yeast
9.3.5.2. Fortified Yeast
9.3.5.3. Revivable Yeast
9.3.6. Torula Yeast
9.3.7. Brewer’s Yeast
9.4. Market Attractiveness Analysis By Source
10. The USA Yeast Extracts Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Form, 2018 to 2022
10.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Form, 2023 to 2033
10.3.1. Powder
10.3.2. Liquid
10.4. Market Attractiveness Analysis By Form
11. The USA Yeast Extracts Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Use Case
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ million) and Volume (MT) Analysis By Use Case, 2018 to 2022
11.3. Current and Future Market Size (US$ million) and Volume (MT) Analysis and Forecast By Use Case, 2023 to 2033
11.3.1. Food
11.3.1.1. Alternative Proteins
11.3.1.2. Savories and Snacks
11.3.1.3. Soups and Sauces
11.3.1.4. Dairy Products
11.3.1.5. Bakeries and Confectioneries
11.3.1.6. Meat and Poultry Products
11.3.1.7. Others
11.3.2. Beverages
11.3.2.1. Alcoholic Beverages
11.3.2.2. Non-alcoholic Beverages
11.3.3. Cosmetics
11.3.4. Dietary supplements
11.3.5. Agriculture (bio stimulants/bio-fertilizers, etc.)
11.3.6. Pet Food
11.4. Market Attractiveness Analysis By Use Case
12. Market Structure Analysis
12.1. The USA Yeast Extracts Market Competition - a Dashboard View
12.2. The USA Yeast Extracts Market Structure Analysis
12.3. The USA Yeast Extracts Market Company Share Analysis
12.3.1. For Tier 1 Market Players, 2022
12.3.2. Company Market Share Analysis of Top 5 Players, By Country
12.4. Key Participants Market Presence (Intensity Mapping) by Country
13. Competition Analysis
13.1. Competition Dashboard
13.2. Competition Benchmarking
13.3. Competition Deep Dive
13.3.1. Royal DSM N.V.
13.3.1.1. Product Portfolio
13.3.1.2. Revenue by Market Segments (Product/Channel/Country)
13.3.1.3. Sales Footprint
13.3.1.4. Strategy Overview
13.3.1.4.1. Marketing Strategy
13.3.1.4.2. Product Strategy
13.3.1.4.3. Channel Strategy
13.3.2. Lesaffre Group
13.3.2.1. Product Portfolio
13.3.2.2. Revenue by Market Segments (Product/Channel/Country)
13.3.2.3. Sales Footprint
13.3.2.4. Strategy Overview
13.3.2.4.1. Marketing Strategy
13.3.2.4.2. Product Strategy
13.3.2.4.3. Channel Strategy
13.3.3. Kerry Group
13.3.3.1. Product Portfolio
13.3.3.2. Revenue by Market Segments (Product/Channel/Country)
13.3.3.3. Sales Footprint
13.3.3.4. Strategy Overview
13.3.3.4.1. Marketing Strategy
13.3.3.4.2. Product Strategy
13.3.3.4.3. Channel Strategy
13.3.4. Lallemand, Inc.
13.3.4.1. Product Portfolio
13.3.4.2. Revenue by Market Segments (Product/Channel/Country)
13.3.4.3. Sales Footprint
13.3.4.4. Strategy Overview
13.3.4.4.1. Marketing Strategy
13.3.4.4.2. Product Strategy
13.3.4.4.3. Channel Strategy
13.3.5. Angel Yeast Co., Ltd
13.3.5.1. Product Portfolio
13.3.5.2. Revenue by Market Segments (Product/Channel/Country)
13.3.5.3. Sales Footprint
13.3.5.4. Strategy Overview
13.3.5.4.1. Marketing Strategy
13.3.5.4.2. Product Strategy
13.3.5.4.3. Channel Strategy
13.3.6. Fuji Foods Corporation
13.3.6.1. Product Portfolio
13.3.6.2. Revenue by Market Segments (Product/Channel/Country)
13.3.6.3. Sales Footprint
13.3.6.4. Strategy Overview
13.3.6.4.1. Marketing Strategy
13.3.6.4.2. Product Strategy
13.3.6.4.3. Channel Strategy
13.3.7. Associated British Foods
13.3.7.1. Product Portfolio
13.3.7.2. Revenue by Market Segments (Product/Channel/Country)
13.3.7.3. Sales Footprint
13.3.7.4. Strategy Overview
13.3.7.4.1. Marketing Strategy
13.3.7.4.2. Product Strategy
13.3.7.4.3. Channel Strategy
13.3.8. Sensient Technologies Corporation
13.3.8.1. Product Portfolio
13.3.8.2. Revenue by Market Segments (Product/Channel/Country)
13.3.8.3. Sales Footprint
13.3.8.4. Strategy Overview
13.3.8.4.1. Marketing Strategy
13.3.8.4.2. Product Strategy
13.3.8.4.3. Channel Strategy
13.3.9. Leiber GmbH
13.3.9.1. Product Portfolio
13.3.9.2. Revenue by Market Segments (Product/Channel/Country)
13.3.9.3. Sales Footprint
13.3.9.4. Strategy Overview
13.3.9.4.1. Marketing Strategy
13.3.9.4.2. Product Strategy
13.3.9.4.3. Channel Strategy
13.3.10. A. Costantino & C. spa.
13.3.10.1. Product Portfolio
13.3.10.2. Revenue by Market Segments (Product/Channel/Country)
13.3.10.3. Sales Footprint
13.3.10.4. Strategy Overview
13.3.10.4.1. Marketing Strategy
13.3.10.4.2. Product Strategy
13.3.10.4.3. Channel Strategy
13.3.11. ABF Ingredients (ABF Group )
13.3.11.1. Product Portfolio
13.3.11.2. Revenue by Market Segments (Product/Channel/Country)
13.3.11.3. Sales Footprint
13.3.11.4. Strategy Overview
13.3.11.4.1. Marketing Strategy
13.3.11.4.2. Product Strategy
13.3.11.4.3. Channel Strategy
14. Assumptions and Acronyms Used
15. Research Methodology
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