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Europe Yeast Extract Market Analysis and Forecasts to 2024

Europe Yeast Extract Market size is projected to reach $700 million by 2024. increasing usage in food & beverage industry as a potential replacement of synthetic flavoring substance will boost yeast extract market size.

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Europe Yeast Extract Market Analysis and Forecasts to 2024

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  1. Europe Yeast Extract Market to reach USD 700 mn by 2024: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Key Insights from Europe Yeast Extract Market • Graphical Research says, Europe Yeast Extract Market to exceed USD 700 mn by 2024. • Growth in convenience and ready to eat food consumption owing to changing dietary preferences will drive Europe yeast extract market size. They are widely used natural ingredient as flavoring agent and salt reduction ingredient in canned & frozen soups, bakery items, meat & canned fish, sauces and savory mixes. Rising consumer focus on natural ingredients and salt reduction will propel product demand. • Rising consumer awareness towards adverse effects of added synthetic flavors like MSG’s along with growing demand for organic ingredients should boost yeast extract demand. It offers advantages such as nutritive value, clean label and natural umami flavor beneficial for incorporation in functional foods and dietary supplements, thus contributing towards industry growth. • Italy yeast extract market size is anticipated to exceed 10.5 kilo tons up to 2024. Growth in hotel and catering industry due to increase in consumer inclination towards having outside food will favor regional industry growth. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Continued... • Europe autolyzed yeast market may exceed USD 500 million at the end of 2024. It is widely used as flavor enhancer in various processed foods including sauces, soups, and meats. Rise in living standards has led to increase in consumer spending on packaged food which is likely to stimulate product demand. In addition, it is used as a nutrient for micro-organisms and an ingredient for pet-food which may promote its usage in this sector. • Molasses is prominently used fermentation media in the manufacturing process along with baker’s yeast, saccharomyces cerevisiae and brewer’s yeast. Fluctuating molasses and other raw material cost will hamper industry growth, thus affecting yeast extract market price trend. • Europe yeast extract market share is fairly consolidated and competitive with Lesaffre Group, DSM, Kerry Group, Leiber GmbH, Biospringer, Ohly and AB Mauri. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Browse Full Market Research Report On Europe Yeast Extract Market  @ https://bit.ly/2PSfR2g Request for a Sample of this Research Report @ https://bit.ly/2IrpjKR ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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