- (1,3) Beta Glucan
- (1,3) & (1,6) Beta Glucan
Yeast Extract and Beta Glucan Market size was valued at USD 88.9 Million in 2022 and is poised to grow at a CAGR of 6.7% from 2023-2029. Yeast beta-glucans are generated from baker's yeast or brewer's yeast. Beta 1,3/1,6 glucans from Saccharomyces cerevisiae. Yeast beta-glucans are widely used as food thickeners, replacers, dietary fibers, emulsifiers, and films in the food and beverage sector. The market is growing due to a rise in the adoption of dietary supplements due to an increase in awareness about health, nutrition, and wellness among the population. Furthermore, due to its water-holding, fat-binding, and oil-binding properties, yeast source beta-glucan is usually preferred over other sources. An increase in the prevalence of chronic diseases such as cancer, cardiovascular, neurological, and others coupled with growth in the geriatric population are anticipated to drive the adoption of a functional diet. Low immunity levels are more common among children and women, especially in urban nations. Moreover, the launch of newer products by the players also escalates the revenue growth of the market in the future.
Key Developments:
Jul 2021, Solabia-Algatech Nutrition is launching BioGlena for immune support a 100 percent natural beta-glucan ingredient from whole Euglena gracilis algae. The ingredient boasts a high beta-glucan content of over 55 percent, in addition to complete proteins, essential vitamins, minerals and fatty acids.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Increase in the research and development of newer products is a key factor for the growth of the global yeast beta-glucan market. The demand for yeast beta-glucan is gradually increasing due to the rise in adoption of cosmetics, nutraceuticals, and dietary supplemnts among the population, grow in disposable income, and increase in awareness about the nutritional disorders among the population across the globe. Moreover, manufacturers focused on R&D activities for the development and launch of newer products in the market.
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.