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 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.
 

Yeast Extract Price Chart

Yeast Extract Price Trends

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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.

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About Yeast Extract

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.

Yeast Extract Product Details

Report Features Details
Product Name Yeast Extract
Industrial Uses Food, Bakery, MSG replacer, Fermentation, Beer, Sauce, Cheese
Supplier Database AngelYeast Co., Ltd, Lesaffre, Biospringer (Lesaffre), ABF Ingredients, DSM 
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Yeast Extract Production Process

  • Production of Yeast Extract via Fermentation, Centrifugation and Evaporation Process.

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.

Methodology

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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