Europe Yeast Extract Market Analysis and Forecasts to 2024

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Europe Yeast Extract Market to reach USD 700 mn
by 2024 Graphical Research
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Key Insights from Europe Yeast Extract Market

• Graphical Research says, Europe Yeast Extract
  Market to exceed USD 700 mn by 2024.
• Growth in convenience and ready to eat food
  consumption owing to changing dietary preferences
  will drive Europe yeast extract market size. They
  are widely used natural ingredient as flavoring
  agent and salt reduction ingredient in canned
  frozen soups, bakery items, meat canned fish,
  sauces and savory mixes. Rising consumer focus on
  natural ingredients and salt reduction will
  propel product demand.
• Rising consumer awareness towards adverse effects
  of added synthetic flavors like MSGs along with
  growing demand for organic ingredients should
  boost yeast extract demand. It offers advantages
  such as nutritive value, clean label and natural
  umami flavor beneficial for incorporation in
  functional foods and dietary supplements, thus
  contributing towards industry growth.
• Italy yeast extract market size is anticipated to
  exceed 10.5 kilo tons up to 2024. Growth in hotel
  and catering industry due to increase in consumer
  inclination towards having outside food will
  favor regional industry growth.

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Continued...

• Europe autolyzed yeast market may exceed USD 500
  million at the end of 2024. It is widely used as
  flavor enhancer in various processed foods
  including sauces, soups, and meats. Rise in
  living standards has led to increase in consumer
  spending on packaged food which is likely to
  stimulate product demand. In addition, it is used
  as a nutrient for micro-organisms and an
  ingredient for pet-food which may promote its
  usage in this sector.
• Molasses is prominently used fermentation media
  in the manufacturing process along with bakers
  yeast, saccharomyces cerevisiae and brewers
  yeast. Fluctuating molasses and other raw
  material cost will hamper industry growth, thus
  affecting yeast extract market price trend.
• Europe yeast extract market share is fairly
  consolidated and competitive with Lesaffre Group,
  DSM, Kerry Group, Leiber GmbH, Biospringer, Ohly
  and AB Mauri.

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Yeast Extract Market  _at_ https//bit.ly/2PSfR2g
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_at_ https//bit.ly/2IrpjKR
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