Transparency Market Research has published a new report, titled “Yeast Extracts and Autolysates Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” According to the report, the continuously rising demand for food products as well as different types of alcoholic beverages has led to a rise in the demand for yeast extracts and autolysates. Yeast is also in demand as it acts as a flavour enhancer. The rising demand of MSG which is a synthetic flavour enhancer is boosting the growth of the yeast extracts and autolysates market.
According to the lead author of the report, the MSG market is anticipated to grow considerably in the years to come and the growth of this market is favourable for the growth of the yeast extract an auto license for the growth of the yeast extract and autolysates market. There are many studies which have stated that he yeast extracts and autolysates as a combination is an adequate replacement of MSG and this is expected to propel the growth of this market.
Animal food manufacturers are also making use of yeast extract in order to enhance the flavour and this trend is expected to bode well for the growth of the yeast extract and autolysates market. On the basis of form the global yeast extract and autolysates market is segmented into instant yeast, dry yeast, and fresh yeast. By type, the global yeast extraction and autolysates market is segmented into wine yeast, baker’s yeast, brewer’s yeast, bioethanol yeast, and yeast cell organelles.
By application, the global yeast extract and autolysates market is segmented into bakery, prepared food, alcoholic beverages, non-alcoholic beverages, feed industry, and food industry. The report not only discusses the leading segment of sub-segments, but also discusses the declining or the segment which is anticipated to witness sluggish growth. The fastest growing segment of sub-segments is also highlighted in the report.
On the basis of geography, the global yeast extracts and autolysates market is segmented into North America, Eastern Europe, Latin America, Western Europe, Japan, the Middle East and Africa, and Asia Pacific excluding Japan. Of these it is anticipated that North America and Latin America will be leading markets of yeast extracts and autolysates. This is because cakes, breads, muffins, Donuts, croissants, and a rose are main course meal in American countries such as Canada, the US, and Mexico.
Apart from North America and Latin America, it is predicted that the Eastern and Western Europe would also be key markets for yeast extract and autolysates market. High demand is observed from European countries such as the UK, France, Germany, Spain, and Italy from the bakery and alcoholic beverages sector. The market in Asia Pacific excluding Japan will also emerge as a promising market in the future as India and China are witnessing growing trend of processed food.
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The report profiles leading players within the global yeast extracts and autolysates market. Players within the market are participating in mergers and acquisitions, Partnerships, and collaborations and this trend is expected to help the market to grow further. The names of the leading players within the market are: Synergy (High Wycombe) Ltd., Lesaffre Group, Chr. Hansen A/S, Alltech Inc., Leiber Gmbh, Oriental Yeast Co. Ltd. , Royal Dsm N.V., Angel Yeast Co. Ltd., Associated British Foods Plc, and Lallemand Inc.