Yeast Extract Market (2025-2032)
The Yeast Extract Market is expected to reach $2.92 billion by 2032, at a CAGR of 6.8% from 2025 to 2032. Yeast Extract Market Size & Forecast The growth of this market can be attributed to several factors, including the increasing demand for bakery products, the growing vegan and vegetarian population,
- Published
- Aug 2024
- Pages
- 165
- Format
- PDF + Excel
- Report ID
- MR-1303
- Base year
- 2024
- 2032 · FORECAST
- $2.92B
- 2032
- $2.92B
- CAGR 2025–2032
- 6.8%
2024 baseline · 2025–2032 forecast at 6.8% CAGR · hover a bar for the value
Key highlights
By Type: In 2025, the Autolyzed Yeast Segment to Dominate the Yeast Extract Market
By Yeast Source: In 2025, the Baker's Yeast Segment to Dominate the Yeast Extract Market
By Form: The Powder Segment to Witness Highest Demand During the Forecast Period
By Application: In 2025, the Food and Beverages Segment to Dominate the Yeast Extract Market
Report summary
| Particulars | Details |
|---|---|
| Number of Pages | 165 |
| Format | |
| Forecast Period | 2025–2032 |
| Base Year | 2024 |
| CAGR (Value) | 6.8% |
| Market Size (Value) | USD 2.92 Billion by 2032 |
| Segments Covered | By Type · Autolyzed Yeast Extract · Hydrolyzed Yeast Extract · By Yeast Source · Baker's Yeast · Brewer's Yeast · Torula Yeast · By Form · Powder · Paste · Liquid · Flakes · By Application · Food & Beverages · Soups · Prepared Meals & Snacks · Dairy Products · Bakery · Sauces & Savory Flavors · Beverages · Other Food Products · Animal Feed · Poultry · Ruminants · Swine · Other Animals · Cosmetics & Personal Care · Pharmaceuticals · Other Applications |
| Countries Covered | North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, Mexico, and Rest of Latin America), and Middle East & Africa |
| Key Companies | Lesaffre (France), Kerry Group plc (Ireland), AngelYeast Co., Ltd. (China), Leiber GmbH (Germany), Lallemand Inc. (Canada), Synergy Flavors, Inc (U.S.), Thai Foods International Co., Ltd. (Thailand), Thai Foods International Co., Ltd. (Thailand), Halcyon Proteins Pty Ltd. (Australia), Alltech Inc (U.S.), Ohly GmbH (Germany), KOHJIN Life Sciences Co., Ltd. (Japan), Sensient Technologies Corporation (U.S.), Oriental Yeast Co., Ltd. (Japan), Kothari Fermentation and Biochem Ltd. (India), Koninklijke DSM N.V. (Netherlands), and Novozymes A/S (Denmark) |
Report overview
Segments covered: type, yeast source, form. Regions: North America, Europe, Asia-Pacific, Latin America.
The growth of this market can be attributed to several factors, including the increasing demand for bakery products, the growing vegan and vegetarian population, the rising demand for alcoholic beverages, and the increasing reduction in salt consumption. Moreover, the increasing demand for natural ingredients and plant-based food and meat alternatives is expected to offer growth opportunities for the players operating in this market.
Report infographic
Market dynamics
5 factors across 3 forcesIncreasing Demand for Bakery Products
The world population is growing rapidly. For instance, according to the Population Reference Bureau (PRB), the global human population is expected to grow by 75 million annually or by 1.1% per year. With this, the world population is expected to reach 9.9 billion in 2050, an increase of 33% from an estimated 7.4 billion in 2017. As the world’s population grows, the demand for food increases subsequently. With the increased population density comes increased urbanization, which has typically led to greater personal income and demand for bakery products. Also, there is a high consumption of bakery products traditionally as their staple food in Western countries, which is also increasing in Asian countries with rising urbanization and increasing income. In Italy, in 2021, around 1,310,412 tons of production of bakery products were recorded, up by 2.6% from 2020, for a total value of 6,310.8 million euros, an increase of 6.7% points compared to the previous year.
There is an increasing use of yeast extract in bakery products for leavening, as it adds volume to baked goods and enhances their taste, texture, grain, color, and eating quality. Yeast provides a savory, umami-rich flavor, which improves the taste profile of bakery products. Also, it enhances the richness and mouthfeel of baked goods, helps mask off-notes, and reduces the need for excessive salt or fat in bakery formulations. Thus, increasing demand for bakery products and the high properties of yeast extracts further support the growth of the market.
Increasing Reduction in Salt Consumption
In recent years, there has been an increasing awareness of reducing salt consumption due to its negative health impacts, like, the growing risks of heart disease, stroke, and early death. It is also linked to other health conditions like obesity, osteoporosis, and kidney disease. Excess sodium consumption is estimated to cause around 1.89 million deaths per year worldwide. To reduce excess sodium consumption, the World Health Organization recommends limiting salt intake to less than 5 grams per day (about 1 teaspoon). Whereas the global average salt intake is estimated at 10.8 grams per day, more than double the WHO recommendation.
The growing need to reduce salt intake has boosted the demand for manufacturing food products with low salt percentages. The yeast extract is gaining traction due to its ability to help in salt reduction as it can help disguise a reduction in a product’s salt level by bringing out saltiness in other ingredients and increasing the overall perception of savory flavors. Moreover, various manufacturers are offering a wide range of yeast extracts, which offer salt reductions of up to 50% in food products. Thus, the increasing need to reduce salt intake by supplementing yeast extract in food products, primarily dairy, is fueling the growth of the market.
Table of contents
12 chapters · 127 sections · 165 pages · click to expandSegmental analysis
| Segment | Largest share (2025) | Fastest growth (2025–2032) |
|---|---|---|
| By Type | Autolyzed Yeast | — |
| By Yeast Source | Baker's Yeast | — |
| By Form | Powder | — |
| By Application | Food and Beverages | Animal feed |
By Type
- The Autolyzed Yeast Segment to Dominate the Yeast Extract Market
- The autolyzed yeast extract segment is expected to account for the larger share of over 62.0% of the yeast extract market.
- The large market share of this segment can be attributed to autolyzed yeast being produced through the autolysis process, where the yeast cells break down using their own endogenous enzymes, as it is simpler and less controlled compared to the hydrolysis process.
- In addition, it is mostly used in the food industry to enhance savory flavors and provide an umami taste.
- Also, a carefully controlled autolysis process produces a wider variety of flavors with better product quality and efficacy, supporting the growth of the market.
By Yeast Source
- The Baker's Yeast Segment to Dominate the Yeast Extract Market
- The baker's yeast segment is expected to account for the largest share of the yeast extract market.
- The large market share of this segment can be attributed to factors such as its high protein content, nutrient retention, desirable flavor profile, ease of production, consistency, safety, and stability, as well as its widespread availability.
- Furthermore, baker’s yeast has the ability to retain nutrients during the fermentation process, which increases the nutritional value of the yeast extract.
- Moreover, this segment is slated to register the highest growth rate during the forecast period of 2025–2032.
- This growth is driven by the increasing preference of manufacturers for bakers’ yeast-sourced yeast extract and the growing utilization of bakers’ yeast extract in various industries, especially food & beverages.
By Form
- The Powder Segment to Witness Highest Demand During the Forecast Period
- The powder segment is expected to account for the largest share of the yeast extract market.
- The large market share of this segment can be attributed to its convenience and predominant use in food products like sauces and snacks.
- Manufacturers often offer these products in powder form because it is easier to handle, transport, and store compared to other forms.
- Additionally, this segment is projected to witness the highest growth rate during the forecast period of 2025–2032.
- This growth is driven by the increasing demand due to its easy incorporation into a wide range of food, beverage, and other industrial products, longer shelf life, reduced susceptibility to spoilage or contamination, and greater cost-effectiveness compared to other forms.
By Application
- The Food and Beverages Segment to Dominate the Yeast Extract Market
- The food & beverages segment is expected to account for the largest share of over 36.7% of the yeast extract market.
- The large market share of this segment can be attributed to factors such as the growing use of processed food products, including snacks, dairy alternatives, bakery products, energy drinks, prepared meals, and confectionery products.
- Furthermore, the increasing demand for natural ingredients, the growing demand for healthy food products, the rising use of plant-based food or meat alternatives, and the increasing demand for clean-label products are driving the growth of the segment.
- However, the animal feed segment is projected to witness the highest growth rate during the forecast period of 2025–2032.
- This growth is driven by the increasing animal population, growth in companion pets, growing demand for sustainable feed, rising demand for high-quality meat products, advancement in feed production, and increasing awareness of animal health and welfare.
- In addition, yeast extract is associated with various benefits, including improved digestibility, immune function enhancement, and antimicrobial properties in animal feed, further supporting the growth of the market.
Geographic analysis
Europe
Largest shareIn 2025, Europe is expected to account for the largest share of over 29.8% of the global yeast extract market, followed by North America and Asia-Pacific. The European yeast extract market is estimated to be worth $548.1 million in 2025. Europe's significant market share can be attributed to several key factors, including the growing demand for processed food products, rising vegetarian population, growing demand for plant-based food and meat alternatives, increasing consumer inclination towards natural ingredients, growing demand for clean-label products, and increasing adoption of nutritious food products. Europe To Dominate the Overall Yeast Extract Market
Asia-Pacific
Fastest growthHowever, Asia-Pacific is projected to experience the highest growth rate during the forecast period due to a growing population, increasing urbanization, rising income levels, higher consumer demand for convenience and processed food products, increased demand for bakery products, shifting consumer preferences towards high-quality and nutritious foods, and growing demand for natural ingredients, including flavoring agents.
Competitive landscape
- December 2024
Ohly GmbH (Germany) partnered with Caldic B.V. (Netherlands), a solutions provider, to market their ingredients range to food & beverage manufacturers in the Midwest U.S.
- April 2022
Leiber GmbH (Germany) invested in its Poland production plant by implementing a new spray tower for processing liquid brewers’ yeast.
- July 2021
Biospringer by Lesaffre (France) expanded its yeast extracts plant operations in Cedar Rapids, Iowa, U.S.
- April 2021
AngelYeast Co., Ltd. (China) will invest 434 million yuan to expand its production capacity to 15,000 tons of yeast extracts.
- Lesaffre · France
- Kerry Group plc · Ireland
- AngelYeast Co., Ltd. · China
- Leiber GmbH · Germany
- Lallemand Inc. · Canada
- Synergy Flavors, Inc (U.S.)
- Thai Foods International Co., Ltd. · Thailand
- Halcyon Proteins Pty Ltd. · Australia
- Alltech Inc (U.S.)
- Ohly GmbH · Germany
- KOHJIN Life Sciences Co., Ltd. · Japan
- Sensient Technologies Corporation (U.S.)
- Oriental Yeast Co., Ltd. · Japan
- Kothari Fermentation and Biochem Ltd. · India
- Koninklijke DSM N.V. · Netherlands
- Novozymes A/S · Denmark
Frequently asked questions
This study focuses on market analysis and opportunity assessment based on the sales of yeast extract across various countries, regions, and market segments. The study also includes a competitive analysis based on key market players’ product portfolios, geographic presence, and growth strategies adopted in the last 3 to 4 years.
The global yeast extract market study provides valuable insights, market sizes, and forecasts in terms of value by type, yeast source, form, application, and geography.
Cite this report
Meticulous Research. (2024). Yeast Extract Market - Global Opportunity Analysis and Industry Forecast (2025-2032) (Report No. MR-1303). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/yeast-extract-market-5986