Yeast Ingredients Market is driven by Increasing Use of Yeast in Food Industries

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The rising population of working professionals and growth of the food processing industry are fueling the demand for yeast ingredients in various food applications.

The yeast ingredients market comprises various products derived from yeast that are used in food applications such as baked goods, alcoholic beverages, and savory goods. Yeast ingredients include yeast extracts, autolyzed yeast, yeast beta-glucan, and yeast derivatives. They are used to enhance flavor, texture, and aroma in food products. Yeast ingredients provide various functional benefits such as enhancing taste & smell, thickening & stabilizing, emulsifying, and improving texture. The increasing use of yeast ingredients as natural flavor enhancers in the food processing industry is driving the market growth.

The Global Yeast Ingredients Market is estimated to be valued at US$ 2.98 billion in 2024 and is expected to exhibit a CAGR of 8.9% over the forecast period 2024-2031.

Yeast Ingredients Market Growth for convenience food products and increasing health-consciousness among consumers is propelling the yeast ingredients market. Yeast extracts and autolyzed yeast are used as flavor enhancers in soup powders, bouillon cubes, and seasoning powders. The manufacturers are expanding their production facilities globally to cater to the growing demand from developing regions such as Asia-Pacific and Latin America. For instance, in 2021, Lesaffre planned to invest USD 60 million to expand its yeast extract production capacity in Poland.

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