Yeast Extract Market Size, Growth and Forecast 2034
Global Yeast Extract Market Growth, Size, Trends Analysis - By Technology, By Form, By Source - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Sep-2025 | Report ID: FOOD25113 | Pages: 1 - 262 | Formats*: |
| Category : Food & Beverages | |||
Global Yeast Extract Market Introduction and Overview
According to SPER Market Research, the Global Yeast Extract Market is estimated to reach USD 3.12 billion by 2034 with a CAGR of 5.73%.
The report includes an in-depth analysis of the Global Yeast Extract Market, including market size and trends, product mix, Applications, and supplier analysis. The market for yeast extract was valued at more than USD 1.79 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.73% between 2025 and 2034. Yeast extract is mainly used as a flavoring agent in food and beverage companies as well as restaurants, aimed at creating more flavorful food and beverages while enhancing the taste of sauces, soups, snacks, seasonings, meat products, prepared meals, and various other food items. The thriving food and beverage industry, driven by increasing food demand and a significant rise in the consumption of processed food products, is expected to boost market demand.
By Technology Insights
Autolyzed yeast extract was the market leader in 2024, mostly because of its wide use as a flavouring agent in processed foods such meats, soups, and sauces. The consistent increase in demand for ready-to-eat and frozen meals, attributed to the prevalence of unhealthy lifestyles and busy schedules, particularly in North America and the Asia Pacific region, is noteworthy. Additionally, the growing use of autolyzed yeast extract as a nutrient for microorganisms and as an ingredient in pet food is expected to boost market revenue.
By Source Insights
The market share of yeast extract from the baker's yeast segment is anticipated to experience the highest compound annual growth rate (CAGR) through 2034. Baker's yeast contains essential nutrients, including amino acids, trace elements, peptides, nucleotides, and vitamins, which are vital for the metabolism and growth of microorganisms. A significant increase in bread consumption, especially in China and India, is likely to enhance product demand in bakery applications. Additionally, industrial expansion will be aided by the FDA's supportive regulatory guidelines for the use of baker's yeast extract in food additives.
Regional Insights
The yeast extract market in Europe is anticipated to experience the highest CAGR during the forecast period, attributed to the optimistic outlook of the dairy sector and the growing demand for animal feed across multiple European nations. Supportive government regulations from the EU Commission regarding the clean label status of yeast extracts will further enhance industry revenue in this area.
Market Competitive Landscape
There is fierce competition in this sector, which has a concentrated structure controlled by well-known firms like Kerry Group, Lesaffre Group, and Angel Yeast. These firms are investing in research and development to create clean-label and naturally derived products that align with changing consumer preferences. Their efforts focus on improving product quality and expanding applications within the food, beverage, and pharmaceutical industries. New entrants are adopting innovative fermentation techniques and targeting niche markets to increase their visibility. Strategic partnerships and acquisitions are continuously reshaping the industry, reflecting a market where a few key players exert significant influence amidst ongoing changes in consumer preferences and production technologies.
Recent Developments:
Lesaffre announced in October 2024 that it had successfully acquired the yeast extract business division from dsm-firmenich, a major participant in the nutrition, health, and beauty industries. This development is anticipated to bolster Lesaffre's position in the savory ingredients market, as the company's Biospringer unit will incorporate the yeast derivative processing technologies, workforce, and innovative products from dsm-firmenich.
January 2024: Evolva, a Swiss biotech business that specialises in yeast, was purchased by Lallemand, a global manufacturer of yeast, bacteria, and speciality ingredients, for about USD 23.5 million. Lallemand was able to expand its operational and commercial network through this acquisition.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Technology, By Form, By Source |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Biorigin, Biospringer, Angel Yeast, Lesaffre Group, DSM, Lallemand, Inc, Kerry Group, Leiber GmbH, Synergy Flavors, Oriental Yeast. |
Key Topics Covered in the Report
- Global Yeast Extract Market Size (FY’2021-FY’2034)
- Overview of Global Yeast Extract Market
- Segmentation of Global Yeast Extract Market By Technology (Autolyzed Yeast, Hydrolyzed Yeast)
- Segmentation of Global Yeast Extract Market By Form (Powder, Paste)
- Segmentation of Global Yeast Extract Market By Source (Bakers Yeast, Brewers Yeast, Torula Yeast)
- Statistical Snap of Global Yeast Extract Market
- Expansion Analysis of Global Yeast Extract Market
- Problems and Obstacles in Global Yeast Extract Market
- Competitive Landscape in the Global Yeast Extract Market
- Details on Current Investment in Global Yeast Extract Market
- Competitive Analysis of Global Yeast Extract Market
- Prominent Players in the Global Yeast Extract Market
- SWOT Analysis of Global Yeast Extract Market
- Global Yeast Extract Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Yeast Extract Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Yeast Extract Market
7.Global Yeast Extract Market, By Technology (USD Million) 2021-2034
7.1.Autolyzed yeast7.2.Hydrolyzed yeast
8.Global Yeast Extract Market, By Form (USD Million) 2021-2034
8.1.Powder8.2.Paste
9.Global Yeast Extract Market, By Source (USD Million) 2021-2034
9.1.Baker’s Yeast9.2.Brewer’s Yeast9.3.Torula Yeast
10.Global Yeast Extract Market, (USD Million) 2021-2034
10.1.Global Yeast Extract Market Size and Market Share
11.Global Yeast Extract Market, By Region, (USD Million) 2021-2034
11.1.Asia-Pacific
11.1.1.Australia11.1.2.China11.1.3.India11.1.4.Japan11.1.5.South Korea11.1.6.Rest of Asia-Pacific
11.2.Europe
11.2.1.France11.2.2.Germany11.2.3.Italy11.2.4.Spain11.2.5.United Kingdom11.2.6.Rest of Europe
11.3.Middle East and Africa
11.3.1.Kingdom of Saudi Arabia11.3.2.United Arab Emirates11.3.3.Qatar11.3.4.South Africa11.3.5.Egypt11.3.6.Morocco11.3.7.Nigeria11.3.8.Rest of Middle-East and Africa
11.4.North America
11.4.1.Canada11.4.2.Mexico11.4.3.United States
11.5.Latin America
11.5.1.Argentina11.5.2.Brazil11.5.3.Rest of Latin America
12.Company Profile
12.1.Biorigin
12.1.1.Company details12.1.2.Financial outlook12.1.3.Product summary12.1.4.Recent developments
12.2.Biospringer
12.2.1.Company details12.2.2.Financial outlook12.2.3.Product summary12.2.4.Recent developments
12.3.Angel Yeast
12.3.1.Company details12.3.2.Financial outlook12.3.3.Product summary12.3.4.Recent developments
12.4.Lesaffre Group
12.4.1.Company details12.4.2.Financial outlook12.4.3.Product summary12.4.4.Recent developments
12.5.DSM
12.5.1.Company details12.5.2.Financial outlook12.5.3.Product summary12.5.4.Recent developments
12.6.Lallemand, Inc
12.6.1.Company details12.6.2.Financial outlook12.6.3.Product summary12.6.4.Recent developments
12.7.Kerry Group
12.7.1.Company details12.7.2.Financial outlook12.7.3.Product summary12.7.4.Recent developments
12.8.Leiber GmbH
12.8.1.Company details12.8.2.Financial outlook12.8.3.Product summary12.8.4.Recent developments
12.9.Synergy Flavors
12.9.1.Company details12.9.2.Financial outlook12.9.3.Product summary12.9.4.Recent developments
12.10.Oriental Yeast
12.10.1.Company details12.10.2.Financial outlook12.10.3.Product summary12.10.4.Recent developments
12.11.Others
13.Conclusion
14.List of Abbreviations
15.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Yeast Extract Market is projected to reach USD 3.12 billion by 2034, growing at a CAGR of 5.73% during the forecast period.
Yeast Extract Market size from 2025. The Market is expected to reach USD 3.12 billion by 2034, at a CAGR of 5.73% during the forecast period.
Yeast Extract Market CAGR of 5.73% during the forecast period.
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Yeast Extract Market size is USD 3.12 billion from 2025 to 2034.
Yeast Extract Market covered By Technology, By Form, By Source
The North America is anticipated to have the highest Market share in the Yeast Extract Market.
Biorigin, Biospringer, Angel Yeast, Lesaffre Group, DSM, Lallemand, Inc, Kerry Group, Leiber GmbH, Synergy Flavors, Oriental Yeast.
The report includes an in-depth analysis of the Global Yeast Extract Market, including market size and trends, product mix, Applications, and supplier analysis.
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