Product ID: SQMIG30I2298
Global Yeast Beta-Glucan Market Size, Share, Growth Analysis, By Source(Baker's yeast, brewer's yeast), By Application(food & beverages, dietary supplements) - Industry Forecast 2024-2031
Report ID:
SQMIG30I2298 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
64 |
Figures:
75
Global Yeast Beta-Glucan Market Regional Insights
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.
Global Yeast Beta-Glucan Market Report Snapshots
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