Global Yeast Extract and Beta Glucan Markt: By Yeast Extract and Beta Glucan Market: By Category (Soluble and Insoleuble), 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 is 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 generally used in the food as flavorings or additives. They are also used as nutrients for the culture media. Yeast extract is infused with the concentration of yeast cells which are allowed to break and break, which enhances the endogenous digestive enzymes break their proteins into simple compounds. Beta glucans are a group of beta-D-glucose polysaccharides which naturally occurs in the cell walls of bacteria, fungi, and cereals. They are sometimes used as medicine.
Market Dynamics: Yeast Extract and Beta Glucan Market
The growth factor of glucan market in various applications is the key factor for the growth of the yeast extract and 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 the application of the yeast extract and beta glucan in pharmaceuticals and food & beverage 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.
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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
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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 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 a significant rate over the forecast period.
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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 (US)
- Garuda International (US)
- Lesaffre Human Care (France)
- Cargill (US),
- Kerry Group plc (Israel)
- Millipore Sigma (US)
- Tate & Lyle (UK)
- Royal DSM (Netherlands)
- Frutarom (Israel)
- Ohly (Germany)
Notable Market Developments: Yeast Extract and Beta Glucan Market
- In February 2018, Lesaffre acquired Alltech’s yeast extract facility in Serbia.
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