Growing Consumption of Probiotics to Boost Demand for Yeast Extract and Beta Glucan

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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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

Transparency Market Research (TMR) estimates that the global yeast extract and beta glucan market is

anticipated to register robust growth in the near future. Yeasts display highly diverse nature in different

conditions and find applications in various industries such as processed foods and functional foods and

pharmaceuticals. Thus, there is a high adoption of yeast extract and beta glucan in these industries. They

are used in households as well to formulate them into different types of products. For instance, vegemite, a

source of yeast, is used from home brew alcohol production in many parts of the Australian continent.

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As per a new study by TMR, the global yeast extract and beta glucan market stood at US$677.6 mn in

2015 and is anticipated to rise to US$1,054.5 mn by the end of 2021, expanding at a CAGR of 7.6%

between 2015 and 2021.

How is food and beverage industry influencing the growth of the global yeast extract and beta

glucan market?

The augmented use of yeast extract and beta glucan in processed foods and functional foods owing to the

growing popularity of probiotic functional food among consumers is boosting the growth of the global yeast

extract and beta glucan market. Yeast extracts find applications as flavoring ingredients in the brewing and...