Yeast Extract and Beta Glucan Market to Grow Owing to Increasing Demand from Brewing and Baking Industry

Transparency Market

Research

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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Press Release

Global Yeast Extract and Beta Glucan Market to Expand at 7.6%

CAGR from 2015 to 2021

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Yeast Extract and Beta Glucan Market

REPORT DESCRIPTION

According to a recent market study published by Transparency Market Research, the global market for

yeast extract and beta glucan will rise at a CAGR of 7.6% from 2015 to 2021. The report, titled “Yeast

Extract and Beta Glucan Market - Global Industry Analysis, Size, Share, Growth and Forecast 2015 - 2021,”

states that the global yeast extract and beta glucan market will be worth more than US$1 bn by 2021. The

market’s valuation in 2014 was US$0.6 bn, as per the report.

The report says that the increasing demand for processed foods due to rapid urbanization has fuelled the

global yeast extract and beta glucan market. In addition, large-scale utilization of cellulosic biofuels,

combined with the rising popularity of probiotic foods among consumers, has further augmented the

growth of this market. However, as per the report, scarcity of molasses will hinder the growth of this

market during the forecast horizon.

From the beginning of the 20th century, experiments with yeast extract have aroused the interest of

researchers for medicinal use. These experiments were related to the interaction of yeast when

complemented in the blood serum and for pharmaceutical applications for wound healing and anti-tumor

applications. Yeast extracts are a class of processed yeast products that are obtained by extracting the

content of cell walls of living organisms.

In terms of the products available in the...