Yeast Extract Market Size Worth $2.1 Billion By 2027 | CAGR: 5.9%: Grand View Research, Inc.
SAN FRANCISCO, July 13, 2020 /PRNewswire/ --The global yeast extract market size is projected to reach USD 2.1 billion by 2027 registering a CAGR of 5.9%, according to a new report by Grand View Research, Inc.
- SAN FRANCISCO, July 13, 2020 /PRNewswire/ --The global yeast extract market size is projected to reach USD 2.1 billion by 2027 registering a CAGR of 5.9%, according to a new report by Grand View Research, Inc.
- 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.
- For instance, in February 2018, Lesaffre Group announced the acquisition of Alltech's yeast extract facility in Serbia, to establish its operations in Serbia.
- Grand View Research has segmented the global yeast extract market based on technology, form, application, and region:
Yeast Extract Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
Yeast Extract Form Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)