The Global Food Grade Yeast Extracts and Beta-Glucan Market experienced significant growth, reaching a valuation of USD 671.2 million in 2022. Projections indicate that the market will readjust to reach USD 1,114.5 million by 2029, reflecting a substantial Compound Annual Growth Rate (CAGR) of 7.5% during the review period from 2023 to 2029. This market sizing accounts for the influence of major factors such as the COVID-19 pandemic and the Russia-Ukraine War.
The growth of the yeast extract and beta-glucan market is primarily driven by increasing consumption of processed foods, dynamic shifts in dietary patterns, and rising disposable incomes. Additionally, the demand for ready-to-eat and ready-to-drink products containing yeast extract and β-glucan is on the rise, aimed at enhancing the nutritional content of food. Yeast extract is extensively used as a flavoring agent in the food and beverage industry. Yeast extract and beta-glucan are key components in the production of probiotics and nutritional dietary supplements due to their natural properties. The market is further bolstered by a health-conscious population and the increasing prevalence of health issues such as obesity, diabetes, and hypertension, for which beta-glucan has shown potential health benefits in clinical trials.
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Market Overview: Yeast extract and beta-glucan are essential ingredients known for their contributions to improving the nutritional value of food products. The market for food grade yeast extracts and beta-glucan is on a growth trajectory, driven by the increasing demand for healthier and more nutritious food options.
Key Features:
Global Food Grade Yeast Extracts and Beta-Glucan market size and forecasts in consumption value ($ Million) for the period 2018-2029.
Market size and forecasts by region and country, in consumption value ($ Million) for the period 2018-2029.
Market size and forecasts by Type and Application, in consumption value ($ Million) for the period 2018-2029.
Market shares of main players in revenue ($ Million) for the period 2018-2023.
Primary Objectives:
Determine the total market opportunity globally and in key countries.
Assess the growth potential for Food Grade Yeast Extracts and Beta-Glucan.
Forecast future growth in each product and end-use market.
Evaluate competitive factors affecting the marketplace.
Key Players: This report profiles key players in the global Food Grade Yeast Extracts and Beta-Glucan market, considering parameters such as company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Leading companies featured in this study include Thai Foods International, Alltech, Archer-Daniels-Midland Company, Angel Yeast, Associated British Food Plc, Chr Hasen As, Lallemand, Lesaffre ET Compagnie SA, Nutra Green Biotechnology, Specialty Biotech, and others.
Market Segmentation:
Type: Yeast Extract, Yeast Beta-Glucan.
Application: Food, Beverages.
Regional Analysis:
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- South America (Brazil, Argentina, Colombia, Rest of South America)
- Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The Global Food Grade Yeast Extracts and Beta-Glucan Market’s growth is propelled by increased health consciousness and the desire for more nutritious food choices.
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