In the first quarter of 2022, yeast extract prices in China were 3.5 USD/kg. Rising demand for nutritious yeast extract and increased consumption of processed foods are the primary factors driving market expansion in this region. Changing lifestyles, urbanisation, an increase in consumer preference for natural ingredients, rising demand for baked goods, and widespread use of organic yeast extracts in food and beverage applications are just a few of the major factors driving regional market expansion.
In the food and beverage business, yeast extract is becoming increasingly utilised as a supplement, and it will continue to attract major investment. Within the end-use category, autolyzed yeast extract adoption is still strongest in saucy and savoury flavours, followed by processed foods and dairy products. Additionally, producers consider animal feed and microbial nutrients as target application areas, with yeast extract accounting for 45 percent of overall consumption.
Procurement Resource provides latest prices of Yeast Extracts. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Yeast Extracts for regions around the globe, which are as follows:
About Yeast Extracts:
Yeast Extract is a common name for various forms of processed yeast products that are prepared by deriving the cell contents. These extracts are further utilised as food additives or flavourings, as well as nutrients for bacterial culture media. Yeast Extracts in liquid form can be converted to a light paste or a dry powder.
In this process, first sugar is added to facilitate fermentation and allow yeast to multiply. Then, the yeast cells are gently heated followed by the centrifugation process, giving out Yeast Extract, which is finally concentrated and turned to powder form through evaporation.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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