USD 174.20 billion
Report ID: SQMIG30I2218 | Region: Global | Published Date: June, 2023 | Pages: 157 | Tables: 64 | Figures: 75
Global Yeast Beta-Glucan Market size was valued at USD 174.20 billion in 2021 and is poised to grow from USD 188.66 million in 2022 to USD 357.03 million by 2030, at a CAGR of 8.3% during the forecast period (2023-2030).
The global yeast beta-glucan market is a rapidly growing market that is expected to experience significant growth in the coming years. Yeast beta-glucan is a natural polysaccharide that is found in the cell walls of yeast, and it is widely used in various applications such as food and beverages, dietary supplements, pharmaceuticals, and personal care products. The purpose of the market is to provide a natural and effective solution for various health and wellness concerns. Yeast beta-glucan has been shown to have numerous health benefits, including boosting the immune system, reducing cholesterol levels, and improving gut health. As a result, there is a growing demand for yeast beta-glucan in the global market. One of the major drivers of the yeast beta-glucan market is the increasing demand for natural and functional food ingredients. Consumers are becoming more health-conscious and are looking for natural and effective ways to improve their health.
Yeast beta-glucan is a natural ingredient that is effective in promoting health and wellness, which makes it a popular choice among consumers. However, the market also faces certain restraints such as high production costs and limited availability of raw materials. These factors may limit the growth of the market to some extent. Despite these challenges, the yeast beta-glucan market is experiencing several key trends that are driving its growth. For instance, there is a growing trend towards vegan and plant-based diets, which has led to an increased demand for yeast beta-glucan as a natural and plant-based ingredient. Additionally, the market is witnessing several opportunities for growth, such as the increasing demand for yeast beta-glucan in the pharmaceutical industry. Yeast beta-glucan has been shown to have potential in the treatment of various diseases, including cancer, diabetes, and cardiovascular diseases.
Global Market Size
USD 174.20 billion
To get more reports on the above market click here to Buy The Report
Global Yeast Beta-Glucan Market is segmented on the basis of source, application, and region. By source, the market is segmented into baker's yeast, brewer's yeast, and others. By application, the market is segmented into food & beverages, dietary supplements, animal feed & pet food, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Source
Baker's yeast dominated the global yeast beta-glucan market. This segment is expected to hold the 60% market share due to its wide availability and cost-effectiveness. Baker's yeast is commonly used in the production of bread, pastries, and other baked goods, and it is often added as a supplement to improve the nutritional content of these products. In addition, baker's yeast is also used as a source of yeast beta-glucan in dietary supplements and functional foods.
Brewer's yeast is the fastest-growing segment. This segment is expected to experience significant growth of 9% CAGR due to the increasing use of yeast beta-glucan in the production of beer and other alcoholic beverages. Yeast beta-glucan is a natural byproduct of the fermentation process used in beer production, and it is valued for its ability to improve the taste and texture of beer. In addition, yeast beta-glucan is also used as a source of dietary fiber and as a supplement for immune support in dietary supplements and functional foods.
Analysis by Application
Food & beverages dominated the yeast beta-glucan market. This segment is expected to hold a 67.8% market share due to the widespread use of yeast beta-glucan as a food additive and supplement. Yeast beta-glucan is often added to a variety of food and beverage products to improve their nutritional content and provide functional benefits, such as immune support and cholesterol reduction.
The fastest-growing segment of the yeast beta-glucan market by application is dietary supplements. This segment is expected to experience significant growth of 8.6% CAGR due to the increasing consumer demand for natural and plant-based supplements that promote immune health and overall wellness. Yeast beta-glucan is a popular ingredient in dietary supplements due to its immune-boosting properties and its ability to support digestive health.
To get detailed analysis on other segments, Request For Sample Report
The global yeast beta-glucan market is dominated by North America, which is expected to hold a 35% share of the market in the coming years. This dominance is attributed to the increasing demand for natural and functional food ingredients, along with the rising health consciousness among consumers in the region. The United States is a major contributor to the growth of the yeast beta-glucan market in North America. The country has a large population of health-conscious consumers who are willing to pay a premium for natural and effective health solutions. For instance, companies like Biothera Pharmaceuticals, Inc. have developed and launched yeast beta-glucan-based dietary supplements in the US market, which has received a positive response from consumers.
In terms of the fastest-growing region, the Asia Pacific region is expected to witness an 8.7% CAGR in the coming years. The region has a large population base, which is becoming increasingly health-conscious and is looking for natural and effective ways to improve its health. Additionally, there is a growing trend towards plant-based diets in the region, which is driving the demand for yeast beta-glucan as a natural and plant-based ingredient. For example, companies like Ohly GmbH have launched yeast beta-glucan-based ingredients for use in the food and beverage industry in the Asia Pacific, which has received a positive response from consumers.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Increasing Demand for Natural and Organic Food Products
Growing Applications in the Pharmaceutical Industry
High Production Costs
Limited Availability of Raw Materials
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
Global Yeast Beta-Glucan Market is highly competitive with the presence of several key players. These players are focusing on product innovation, partnerships, mergers and acquisitions, and expansion to increase their market share and stay competitive in the market. For instance, in December 2021, Lallemand Inc. entered into a partnership with Biotalys NV, a biotech company, to develop and commercialize new biocontrol solutions for food and beverage applications. Such strategic initiatives are expected to drive the growth of the yeast beta-glucan market in the coming years.
Top Player’s Company Profiles
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Yeast Beta-Glucan Market analysis, the market is expected to experience significant growth in the coming years due to the rising demand for functional food ingredients with health benefits, such as improving gut health and immunity. Increasing consumer awareness regarding the health benefits of beta-glucan, along with the rising prevalence of chronic diseases, is also driving market growth. Additionally, the market is expected to benefit from the increasing use of yeast beta-glucan in animal feed and pet food applications, as well as the growing popularity of natural and organic products. However, the high cost of production and limited availability of raw materials, along with regulatory barriers, may hamper the market growth to some extent.
|Market size value in 2021||USD 174.20 billion|
|Market size value in 2030||USD 188.66 million|
|Forecast Unit (Value)||USD Million|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Yeast Beta-Glucan Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Yeast Beta-Glucan Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Yeast Beta-Glucan Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Yeast Beta-Glucan Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.