Yeast Extract Price Trend and Forecast

Yeast Extract Regional Price Overview

Get the latest insights on price movement and trend analysis of Yeast Extract in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Yeast Extract Price Trend for Q1 of 2025

In the first quarter of 2025, global yeast extract prices saw upward trends, influenced by various factors. In Bulgaria, for example, an increase in bread prices caused by the return of the 20% VAT, higher electricity and water costs, and wage hikes had an indirect impact on the yeast extract market. As bread prices rose, so did the cost of other food ingredients, including yeast extract, as suppliers faced increased operational costs. Similar trends were observed in other European markets where inflationary pressures and rising utility costs pushed production expenses higher.
 

Yeast Extract Price Chart

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In addition, global supply chain issues, exacerbated by the ongoing economic challenges in Sudan and other regions, affected the availability of raw materials needed for yeast extract production. The cost of these materials increased due to currency devaluations and tighter international trade conditions, pushing up global prices. Moreover, the increase in energy prices worldwide also played a role, as the production of yeast extract is energy-intensive.

The rise in bread prices in countries, alongside other food staples, contributed to an overall uptick in the cost of yeast extract, as consumers and businesses alike faced the ripple effect of higher raw material and production costs.

Analyst Insight

According to Procurement Resource, the Yeast Extract market may continue to experience price increases in the short term, influenced by ongoing inflation and energy costs, with potential stabilization expected in the second half of the year as supply chains adjust.
 

Yeast Extract Price Trend for the Second Half of 2024

In the second half of 2024, global yeast extract prices were affected by various economic factors, including the inflationary pressures and currency devaluation seen in countries like Sudan. While Sudan's economic turmoil led to a rise in local production costs, these challenges also rippled through global supply chains. The scarcity of raw materials and a decline in import activities in countries facing foreign currency shortages led to tight supplies, which contributed to higher prices worldwide.

Additionally, the ongoing global economic recovery post-pandemic, coupled with inflation in key markets, further pushed up the cost of yeast extract. Regions such as Europe and North America also faced cost hikes due to labor shortages and rising energy prices, impacting manufacturing and distribution. Global supply chain disruptions, exacerbated by geopolitical tensions and local crises, led to delays in product availability, which affected pricing strategies.

The trend in yeast extract prices varied by region, with some markets experiencing sharper increases due to local economic instability, while others saw more gradual price hikes. While the situation in Sudan remained a key concern for global suppliers, other factors like agricultural conditions, energy prices, and consumer demand played significant roles in shaping the global price trend.

Analyst Insight

According to Procurement Resource, the global outlook for Yeast ESxtract remains uncertain, as factors such as ongoing economic reforms, inflationary pressures, and potential supply chain recovery will continue to influence prices.
 

Yeast Extract Price Trend for the First Half of 2024

In the first half of 2024, the trend in yeast prices has been a significant cause of concern for the food and bakery sectors, contributing to the overall inflationary pressures despite a general decline in food inflation. While food inflation dipped marginally in June’24 and has been slowing for a few months, the costs of essential raw materials like yeast continue to rise. Yeast prices have surged significantly, affecting the cost of production for bread and cereals.

This increase has forced bakeries to adjust by reducing the quantity of bread loaves or increasing prices to offset these costs. Despite the overall trend of slowing inflation, the persistent rise in yeast prices underscores the challenges faced by the bakery industry in maintaining stable pricing and product quantity. This situation reflects the broader issue of cost pressures within the food sector, even when the inflation in other sectors stabilizes.

Analyst Insight

According to Procurement Resource, the next few months are expected to perform similarly for Yeast Extract prices as the upstream and downstream dynamic normalizes.
 

Yeast Extract Price Trend for the Second Half of 2023

The yeast extract market was observed to be behaving in a very positive manner throughout the said period of H2’23. The yeast extract price trend aligns very closely with the feedstock yeast’s price trend. Since the general interest in health and lifestyle is rising, more people are opting for vegetarian and plant-based eating choices. So, many manufacturers in the food and beverage industries have now started to explore ways to integrate yeast extract into their products.

Especially, the baking sector is increasingly consuming yeast extract to develop more vegan products. Yeast extract has an added advantage with its protein content since the vegan lifestyle is questioned for protein fulfillment. So, with increased consumer and industrial interests, the yeast extract prices surged for the entire six months span of H2’23.

Analyst Insight

According to Procurement Resource, the Yeast Extract market is exhibiting rising trends for the coming months; the prices are projected to rise moving forward.

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.