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Yeast Extracts and Beta-Glucan Market Analysis by Size, Emerging Trends, Forecast to 2030

The global yeast extracts and beta-glucan market size is forecast to reach US$ 3,006.1 million by 2030, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2022 to 2030.

United States – The global yeast extracts and beta-glucan market size was US$ 1440.7 million in 2021. The global yeast extracts and beta-glucan market size is forecast to reach US$ 3,006.1 million by 2030, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2022 to 2030.

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The yeast extract is a complex and widely used hydrolysate of yeast. These organic compounds contain sulfur, carbon, vitamin B complexes, trace nutrients, and other growth factors vital to the development and growth of various microorganisms. In addition, there are two types of yeast extracts: hydrolyzed yeast extract and yeast autolysate extract. Glucan is a glucose polymer characterized by its interchangeable linkage between alpha and beta chains. The beta-glucan is a heterogeneous group of polysaccharides linked to D-glucose by Nan starch. Additionally, beta-glucan is a type of sugar found in bacteria, fungi, yeast, and plants, including oats and barley.

Factors Influencing Market Growth

  • A rise in disposable income, changes in consumption patterns, and an increase in consumption of processed food are the factors expected to drive the yeast extract and beta-glucan market.
  • A rise in the applications of yeast and specialty yeast products in the food and beverage industry and continuous investments in R&D for the development of new products drive the global market growth.
  • Although yeast extracts and beta-glucan have enormous benefits, their consumption can cause allergic reactions, including skin irritation, diarrhea, bloating, gas, and stomach discomfort. As a result, allergies caused by yeast extract and beta-glucan consumption may slow down the overall market growth.

Impact Analysis of COVID-19

The COVID-19 pandemic had positively impacted the global market growth. In light of the COVID-19 outbreak, consumers stocked up on soups, ready-to-cook, and ready-to-eat snacks and meat dishes to limit social contact and avoid going out. Changes in consumer behavior have boosted the sale of yeast extract and beta-glucan as key ingredients in shelf-stable foods.

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Regional Insights

North America held the most market share and is forecast to sustain its position during the forecast period. As a result, the increasing adoption and acceptance of newly launched food products that contain beta-glucan as an immune-boosting ingredient present remarkable growth opportunities for yeast extracts and beta-glucan. The busy lifestyles of consumers in North America and the rise in health consciousness are the major factors driving the market growth. With health-conscious consumers more interested in clean labeled products and natural ingredients, the market for yeast extracts and beta-glucan is likely to grow.

Leading Competitors

The leading prominent companies profiled in the global yeast extracts and beta-glucan market are:

  • Thai Foods International Co., Limited
  • Alltech
  • Archer-Daniels-Midland Company
  • Angel Yeast Co., Limited
  • Associated British Food Plc
  • Chr Hasen As
  • Lallemand, Incorporated
  • Lesaffre ET Compagnie, SA
  • Nutra Green Biotechnology Co., Limited
  • Specialty Biotech Co., Limited
  • Other Prominent Players

Scope of the Report

The global yeast extracts and beta-glucan market segmentation focuses on Product Type, Application, and Region.

Segmentation based on Product Type

  • Yeast Extract
  • Yeast Beta-Glucan

Segmentation based on Application

  • Food & Beverages
  • Pharmaceutical
  • Cosmetic
  • Animal Feed
  • Others

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Segmentation based on Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

What are the key findings of the report?

•This report provides comprehensive information on factors expected to influence the market growth and market share in the future.
•The report offers the current state of the market and future prospects for various geographical regions.
•This report provides both qualitative and quantitative information about the competitive landscape of the market.

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