Yeast Extract and Beta Glucan Market Growing at 7.6% Cagr During 2015-2021

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Yeast Extract and Beta Glucan Market - Global Industry

Analysis, Size, Share, Growth and Forecast 2015 - 2021

Published Date

17-07-2015

88 Page Report

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Global Yeast Extract and Beta Glucan Market: Growing Demand

for Processed Food to Propel Market at 7.6% CAGR during 20152021

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Yeast Extract and Beta Glucan Market

REPORT DESCRIPTION

The yeast extract and beta glucan market is predicted to witness a stable development owing to the

increasing demand for functional foods. Additionally, the rise in demand for processed food owing to

expanding urbanization has stimulated the demand for ready-made meals across numerous countries,

namely India, Brazil, France, the UK, and the U.S, among others. Furthermore, increasing demand for the

ingredients used in flavoring in the brewing and baking industry has also fuelled the market for yeast

extract and beta glucan.The global yeast extract and beta glucan market stood at US$631.5 million in

2014 and is predicted to reach US$1,054.5 million by 2021, expanding at a 7.6% CAGR between 2015 and

2021.

Yeast Beta Glucans Act as an Additive; Yeast Extract Acts as an Ingredient

Yeast and beta glucan are widely utilized in industries. The global yeast extract and beta glucan market is

segmented into two major product types, namely yeast beta glucans and yeast extract. Yeast beta glucans

act as an additive and yeast extract acts as an ingredient in the food industry. Amongst these, in 2014,

yeast extract constituted the biggest share in the market and is the most swiftly developing segment in

the total market for yeast extract and beta glucan and is anticipated to expand at a 7.8% CAGR during the

forecast horizon. Yeast extract is utilized as a...