Market Size of Asia-Pacific Yeast and Yeast Extract Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 11.51 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Yeast & Yeast Extract Market Analysis
- Asia-Pacific Yeast and Yeast Extract market is projected to grow at a CAGR of 11.51% during the forecast period.
- The shift of the global food processing industry toward the replacement of synthetic food additives with that of clean-labelled ones and the popularity of sodium reduction concept have been the major factors driving the market studied by boosting its value sales.
- By geography, China led the market revenue owing to production consolidation practiced by the domestic players and high dependency of neighboring countries to meet demand through imports. As a result, global players and their subsidiaries like AB Mauri, BioSpringer, Angel Yeast Co, etc. have dedicated their operations in China to expand their market share at global level.
