Market Forecast By Technology (Autolyzed, Hydrolyzed), By Form (Powder, Paste, Flakes), By Application (Food & Beverages, Animal Feed, Pharmaceuticals, Others) And Competitive Landscape
Product Code: ETC215967 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Singapore Yeast Extract Market report thoroughly covers the market by technology, by form, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Singapore Yeast Extract Market is projected to grow as the food and beverage industry embraces natural flavors and nutritional ingredients. Yeast extract, derived from yeast cells, is used as a flavor enhancer in various food products. As consumers become more health-conscious and seek clean-label products, yeast extract offers a viable solution to enhance taste profiles without the use of artificial additives. The market growth is also supported by the trend of plant-based and vegetarian diets that utilize yeast extract for its umami-rich properties.
According to 6Wresearch, the Singapore Yeast Extract Market size is estimated to grow at a CAGR of 7.8% during the forecast period of 2025-2031. The steel products market in Singapore is influenced by a multitude of factors, with construction and infrastructure development being the primary drivers. The country`s continuous urbanization and investment in transportation, including the expansion of the MRT network and other infrastructure projects, have created a consistent demand for steel products. Moreover, Singapore strategic geographical location makes it a hub for manufacturing and trade, necessitating a steady supply of steel for industries such as shipbuilding and logistics. However, the Singapore yeast extract industry faces challenges related to consumer awareness and preferences. While yeast extract is a versatile ingredient used in various food products, some consumers may not be familiar with its benefits. Health-conscious consumers may also have concerns about its sodium content. Furthermore, competition in the food industry is fierce, with constantly changing taste trends. Apart from this, one of the key trends in the Singapore yeast extract market is the rise of plant-based yeast extract products. As more consumers pivot towards a plant-based lifestyle, the demand for vegetarian and vegan yeast extract products has increased.
The government has introduced several policies and schemes that support the Singapore Yeast Extract Market Growth. One of the most significant initiatives is the Food Innovation Cluster (FIC). The FIC is a collaboration between the government and the private sector to drive innovation in the food and beverage industry. Through the FIC, government agencies provide funding and support for research and development, commercialization, and intellectual property management activities. Another government initiative that has supported the yeast extract market's growth is the Industry Transformation Map (ITM) for Food Manufacturing. The ITM is a roadmap that outlines the government's strategies for transforming the food manufacturing industry and enhancing its competitiveness.
The market players dominating the Singapore Yeast Extract Market Share comprises Ajinomoto Co., B&G Foods, Kerry Group, Lesaffre, and Lallemand. Notably, Lesaffre has recently expanded its yeast extract production capacity in Singapore – growing by more than 60 percent of production capacity, showing the growing importance of the market. Additionally, in early 2021, Kerry Group selected Singapore to set up a Global Food Technology and Innovation Centre, which will offer solutions to anticipatory needs and needs of the food industry globally.
According to Suryakant, Senior Research Analyst, 6Wresearch, the demand for linen fabric in the food and beverages industry has increased in recent years, owing to its nutritional value, high fiber content, and gluten-free property. The animal feed segment of the linen fabric market has also been growing, due to the high demand from the poultry and livestock industry, where it is used as a source of protein and minerals.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Yeast Extract Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Yeast Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Yeast Extract Market - Industry Life Cycle |
3.4 Singapore Yeast Extract Market - Porter's Five Forces |
3.5 Singapore Yeast Extract Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Singapore Yeast Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Singapore Yeast Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Yeast Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of yeast extract |
4.2.2 Growing demand for natural flavors in food products |
4.2.3 Rising preference for vegan and plant-based food alternatives in Singapore |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in yeast extract production |
4.3.2 Stringent government regulations related to food additives and ingredients |
5 Singapore Yeast Extract Market Trends |
6 Singapore Yeast Extract Market, By Types |
6.1 Singapore Yeast Extract Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Singapore Yeast Extract Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Singapore Yeast Extract Market Revenues & Volume, By Autolyzed, 2021 - 2031F |
6.1.4 Singapore Yeast Extract Market Revenues & Volume, By Hydrolyzed, 2021 - 2031F |
6.2 Singapore Yeast Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Singapore Yeast Extract Market Revenues & Volume, By Powder, 2021 - 2031F |
6.2.3 Singapore Yeast Extract Market Revenues & Volume, By Paste, 2021 - 2031F |
6.2.4 Singapore Yeast Extract Market Revenues & Volume, By Flakes, 2021 - 2031F |
6.3 Singapore Yeast Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Yeast Extract Market Revenues & Volume, By Food & Beverages, 2021 - 2031F |
6.3.3 Singapore Yeast Extract Market Revenues & Volume, By Animal Feed, 2021 - 2031F |
6.3.4 Singapore Yeast Extract Market Revenues & Volume, By Pharmaceuticals, 2021 - 2031F |
6.3.5 Singapore Yeast Extract Market Revenues & Volume, By Others, 2021 - 2031F |
7 Singapore Yeast Extract Market Import-Export Trade Statistics |
7.1 Singapore Yeast Extract Market Export to Major Countries |
7.2 Singapore Yeast Extract Market Imports from Major Countries |
8 Singapore Yeast Extract Market Key Performance Indicators |
8.1 Percentage increase in the number of new product launches containing yeast extract |
8.2 Growth in the number of food manufacturers using yeast extract in their products |
8.3 Increase in the number of vegan and plant-based food restaurants in Singapore offering dishes with yeast extract flavor |
9 Singapore Yeast Extract Market - Opportunity Assessment |
9.1 Singapore Yeast Extract Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Singapore Yeast Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Singapore Yeast Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Yeast Extract Market - Competitive Landscape |
10.1 Singapore Yeast Extract Market Revenue Share, By Companies, 2024 |
10.2 Singapore Yeast Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |