Yeast Extract Market Size To Reach $2.63 Billion By 2030

March 2025 | Report Format: Electronic (PDF)

Yeast Extract Market Growth & Trends

The global yeast extract market size is estimated to reach USD 2.63 billion in 2030 and is projected to grow at a CAGR of 6.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for natural ingredients in the food & beverage industry will boost the market growth. Furthermore, yeast extracts are a dominant substitute for MSG in the food & beverage industry, thereby is expected to increase market penetration over the projected period.

Yeast extracts are majorly utilized in food & beverage applications and thus, this application segment is projected to lead the market at a steady CAGR from 2020 to 2027. Growing awareness about nutritional diet and its health benefits along with rising purchase parity have resulted in the growing consumption of healthy and processed food products. The market is highly competitive, in terms of product innovation and investments.

Key companies in the market have been spending more on research & development activities to gain a competitive edge. Moreover, most of the companies are focusing on M&A to strengthen their industry position and expand global reach. For instance, in February 2018, Lesaffre Group announced the acquisition of Alltech’s yeast extract facility in Serbia, to establish its operations in Serbia.

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Yeast Extract Market Report Highlights

According to the European Association for Specialty Yeast Products (EURaSYP), the increasing pace of product developments within the vegan and plant-based category and the meat alternative sector is expected to highlight the importance of yeast extract in providing a clean-label advantage and savory flavor profile
The autolyzed yeast segment accounted for the largest revenue share of 54.6% in 2024 in the global yeast extract industry. Autolysis refers to the natural breakdown of yeast cells through enzymatic processes, typically facilitated under controlled conditions
The powdered form of yeast extract accounted for a substantial revenue share in the global market in 2024. This form is extensively utilized in several major industry applications, including bakery & confectionery, dairy, meat, dietary supplements, and medicines
The food & beverages segment accounted for the largest revenue share in the global yeast extract industry in 2024. The properties of yeast extract, such as umami flavor, nutritional benefits, and versatility, have driven its usage as a flavor enhancer, protein source, and functional ingredient in this sector.
The Europe yeast extract market accounted for the largest global revenue share of 35.4% in 2024. Rising consumption of processed food items in the region, coupled with increasing demand for nutritional yeast extract, have been the primary drivers of market expansion

Yeast Extract Market Segmentation

Grand View Research has segmented the global yeast extract market report based on technology, form, application, and region:

Yeast Extract Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Autolyzed
Hydrolyzed

Yeast Extract Form Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Powder
Paste
Flakes

Yeast Extract Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Food & Beverages
- Food
  - Bakery & Confectionery
  - Soups
  - Sauces & Savory Flavors
  - Prepared Meals
  - Dairy Products
  - Others
- Beverages
  - Alcoholic Beverages
  - Non-alcoholic Beverages
Animal Feed
Pharmaceuticals
Others