The global yeast extract market size is expected to rise during the forecast period due to the increasing demand for bakery products and the high utilization of yeast and the food & beverage industry. Fortune Business Insights™ shares this information in a report titled, "Yeast Extract Market, 2022-2029". As per the report, the yeast extract market size was USD 1.75 billion in 2021. The market size is expected to rise from USD 1.89 billion in 2022 to USD 3.39 billion by 2029 at a CAGR of 8.7% during the forecast period. Yeast extract is commonly used in food and beverage products such as savory snacks, ready-to-eat meals, soups, and sauces. The yeast extract is produced from fresh yeast utilized in beer, wine, and bread production. The rising demand for bakery products and increasing consumption of alcoholic beverages are expected to drive the market during the projected period. List of Key Players Profiled in Market Report: Lesaffre (France) AngelYeast Co., Ltd (China) Halcyon Proteins, (Australia) (France) Thai Foods International (Thailand) Alltech (S.) Synergy Flavors (U.S.) Lallemand, Inc. (Canada) Ohly (Germany) Leiber GmBH (Germany) Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/yeast-extract-market-106656