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Yeast Beta-glucan Market Analysis

Report ID: GMI5294
Published Date: Feb 2023
Report Format: PDF

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Yeast Beta-glucan Market Analysis

The yeast beta-glucan market size from soluble segment is slated to record over 9% CAGR through 2032. Changing lifestyles and the rising popularity of premium beers internationally are boosting the use of soluble yeast for fermentation in beer production. For instance, in 2021, the EU Member States produced 33.1 billion liters of alcoholic beer and around 1.7 billion liters of beer with less than 0.5% alcohol and no alcohol.

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On basis of application, the yeast beta-glucan market share from food & beverage segment is estimated to amass a valuation of over USD 158.5 million by 2032, attributed to the rising popularity and awareness of food products fortified with immune-boosting components since the onset of the COVID -19 pandemic. Furthermore, the continuously rising consumption of ready-to-eat bakery items and frozen bakery products has increased the utilization of baker’s yeast as an essential ingredient.

Asia Pacific Yeast Beta Glucan Market Size,

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Asia Pacific yeast beta glucan industry revenue is likely to reach USD 80 million by 2032, owing to the rising food and meat consumption in densely populated areas. Furthermore, growing awareness of the product’s health benefits has encouraged its use for a variety of therapeutic purposes in key nations, such as Japan, China, and India, thereby driving regional revenue. For instance, a clinical study published in BMJ Neurology Open in March 2022 found that children with autism spectrum disorder showed improved behavior and learning ability after consuming yeast beta glucan.

By purity, the 70% yeast beta-glucan market is projected to surpass USD 138.5 million in revenue by 2032, due to its widespread use in the production of high-quality organic cosmetic ingredients. Additionally, customers are increasingly opting for higher-quality ingredients, particularly in Middle Eastern nations such as the UAE, which is emerging as a key revenue hub for the cosmetics business. Moreover, the expanding population and the booming tourism sector are also slated to drive the market revenue.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market of yeast beta-glucan was worth USD 165 million in 2022 and is poised to witness strong growth at over 9.5% CAGR through 2032 attributed to the rising meat consumption worldwide.

The soluble segment is expected to grow at over 9% CAGR through 2032, owing to its increasing use for production of high in demand premium beers.

The industry for yeast beta-glucan in Asia Pacific is estimated to generate over USD 80 million by the end of 2032 driven by the rising food and meat consumption in densely populated APAC countries.

Angel Yeast Co. Ltd, Kerry Group, Ohly, Mitushi Biopharma, Aria Ingredients, Sanofi, Biorigin, VW Ingredients, Lallemand, and Leiber are some of the prominent firms engaged in the yeast beta glucan business.