Yeast Extract Market to Garner $2.0 Billion by 2026 at 5% CAGR, Says Global Market Insights, Inc.
Supportive government regulations including Directive 88/388/EEC by European commission has categorized yeast extract as a natural ingredient which will instigate market growth prospects for yeast extract.
- Supportive government regulations including Directive 88/388/EEC by European commission has categorized yeast extract as a natural ingredient which will instigate market growth prospects for yeast extract.
- As per yeast extract industry trends, companies are engaged in expanding their manufacturing capabilities to improve productivity and contribute to market growth.
- For instance, in October 2019, Angel Yeast, a global producer of yeast and its derivative have opened its first yeast extract production facility in Egypt.
- Europe acquired a prominent share in the global yeast extract market.