Vegemite is a notoriously yeasty spread that can be found in nine out of ten pantries in Australia. It all began in 1922 when the Fred Walker Company (known today as Kraft Food Company) employed a chemist to invent a new spread from one particular ingredient that is rich in Vitamin B.
He called it Vegemite, a spread made from leftover brewers' yeast extract, spices, and vegetable additives. Its texture is thick, gluey and dense, similar to peanut butter, while its color is dark red to brown, almost jet black. The taste is an acquired one, as Vegemite is extremely salty.