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Yeast Beta-glucan Market Share

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

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Yeast Beta-glucan Market Share

Some of the major enterprises operating in the market include

Angel Yeast Co. Ltd
Kerry Group
Ohly
Mitushi Biopharma
Aria Ingredients
Biorigin
VW Ingredients
Lallemand
Leiber

These firms usually engage in strategic efforts, such as acquisitions, partnerships, and product portfolio expansion, to enhance their market standing. For instance, in August 2021, yeast extract manufacturer Angel Yeast formed a joint venture firm to acquire Shandong Bio Sukeen CO., Ltd., a state-owned high-tech enterprise to optimize its production capacity and further consolidate and improve its position in the industry.

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.