Product Code: ETC5002936 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The yeast extract market in Bosnia and Herzegovina is characterized by a steady demand driven by the food and beverage industry. Yeast extract is used as a flavor enhancer and a source of nutrients, which supports its applications in processed foods, soups, and sauces. The market growth is influenced by increasing consumer preference for savory and umami flavors, coupled with the rise in convenience foods. However, market dynamics are also affected by regulatory standards and the need for high-quality raw materials. Local production and import activities play crucial roles in meeting the market demand.
The yeast extract market in Bosnia and Herzegovina is primarily driven by the increasing demand for natural and healthy food ingredients. Yeast extract is valued for its umami flavor and is widely used in processed foods, soups, sauces, and savory snacks. As consumers become more health-conscious and seek to avoid artificial additives, the preference for natural flavor enhancers like yeast extract is growing. Additionally, the rise in the number of food processing companies and the expansion of the food and beverage industry in Bosnia and Herzegovina are contributing to the market`s growth.
The yeast extract market in Bosnia and Herzegovina faces several challenges. One significant issue is the relatively low local production capacity for yeast extract, which means that a substantial portion of the market is dependent on imports. This dependency makes the market vulnerable to fluctuations in global supply and price volatility. Additionally, there is a lack of awareness and understanding of the benefits and applications of yeast extract among local producers and consumers, which hinders market growth. Regulatory hurdles and compliance with international quality standards also pose challenges, as manufacturers need to invest in maintaining high production standards to meet both local and export market requirements.
In Bosnia and Herzegovina, the yeast extract market is influenced by food safety and quality regulations established by the government. The Agency for Food Safety oversees the compliance of yeast extract products with local standards and EU regulations. Additionally, the government promotes the use of local ingredients and supports the development of domestic production through subsidies and incentives, which can impact the yeast extract market.
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 Bosnia and Herzegovina Yeast Extract Market Overview |
3.1 Bosnia and Herzegovina Country Macro Economic Indicators |
3.2 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Bosnia and Herzegovina Yeast Extract Market - Industry Life Cycle |
3.4 Bosnia and Herzegovina Yeast Extract Market - Porter's Five Forces |
3.5 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bosnia and Herzegovina Yeast Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bosnia and Herzegovina Yeast Extract Market Trends |
6 Bosnia and Herzegovina Yeast Extract Market Segmentations |
6.1 Bosnia and Herzegovina Yeast Extract Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Autolyzed, 2021-2031F |
6.1.3 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Hydrolyzed, 2021-2031F |
6.2 Bosnia and Herzegovina Yeast Extract Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.2.3 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Paste, 2021-2031F |
6.2.4 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Flakes, 2021-2031F |
6.3 Bosnia and Herzegovina Yeast Extract Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.4 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.5 Bosnia and Herzegovina Yeast Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Bosnia and Herzegovina Yeast Extract Market Import-Export Trade Statistics |
7.1 Bosnia and Herzegovina Yeast Extract Market Export to Major Countries |
7.2 Bosnia and Herzegovina Yeast Extract Market Imports from Major Countries |
8 Bosnia and Herzegovina Yeast Extract Market Key Performance Indicators |
9 Bosnia and Herzegovina Yeast Extract Market - Opportunity Assessment |
9.1 Bosnia and Herzegovina Yeast Extract Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Bosnia and Herzegovina Yeast Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Bosnia and Herzegovina Yeast Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bosnia and Herzegovina Yeast Extract Market - Competitive Landscape |
10.1 Bosnia and Herzegovina Yeast Extract Market Revenue Share, By Companies, 2024 |
10.2 Bosnia and Herzegovina Yeast Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |