Global Yeast Extract and Beta Glucan Market: By Category (Soluble and Insoluble), By Source (Cereal, Seaweed, Yeast, and Mushroom), By Application (Bakery & Processed Food, Pharmaceuticals, Beverages, Dairy Products, Animal Feed, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024
Global yeast extract and beta glucan market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024
Market Outline: Yeast Extract and Beta Glucan Market Yeast extract is the generally used in the food as flavorings or additives. They are also used as nutrients for the culture media. Yeast extract is infused with concentration of yeast cell which are allowed to die and breakup, which enhances the endogenous digestive enzymes break their proteins into simpler compounds. Beta glucans are comprised of group of β-D-glucose polysaccharides which occurs naturally in the cell walls of bacteria, fungi, and cereals. They are sometimes used as medicine.
Market Dynamics: Yeast Extract and Beta Glucan Market Increase in the use of yeast extract and beta glucan in various applications is the key factor anticipated to drive the growth of the yeast extract and beta glucan market. The change in food habits and rising health consciousness among the people is creating the demand for yeast extract and beta glucan. Increase in application of the yeast extract and beta glucan in pharmaceuticals and food & beverages industry is adding fuel for the growth of the market and providing opportunity for the manufacturers to expand the market offerings. However, the availability of alternative products may hamper the growth of the yeast extract and beta glucan market.
Market Scope: Yeast Extract and Beta Glucan Market Yeast extract and beta glucan market is segmented based on the category, source and application Based on the category, the market is segmented into the following: Soluble Insoluble Based on the source, the market is segmented into the following: Cereal Seaweed Yeast Mushroom Based on the application, the market is segmented into the following: Bakery & Processed Food Pharmaceuticals Beverages Dairy Products Animal Feed Others
Regional Analysis: Yeast Extract and Beta Glucan Market Geographically, global yeast extract and beta glucan market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America yeast extract and beta glucan market is dominant market when compared with that of the other regional markets owing to growing demand from food and pharmaceutical industries. Europe is another region accounted for significant share in the market. Asia Pacific yeast extract and beta glucan market is expected to grow at significant rate over the forecast period.
Competition Assessment: Yeast Extract and Beta Glucan Market Some of the players in the global yeast extract and beta glucan market include: Super Beta Glucan (U.S.) Garuda International (U.S.) Lesaffre Human Care (France) Cargill (U.S.), Kerry Group plc (Israel) MilliporeSigma (U.S.) Tate & Lyle (U.K.) Royal DSM (Netherlands) Frutarom (Israel) Ohly (Germany)
Notable Market Developments: Yeast Extract and Beta Glucan Market In February 2018, Lesaffre acquired Alltechs yeast extract facility in Serbia.
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