The latest intelligence report published by Report Ocean, titled “Global “Yeast Extracts and Beta-Glucan Market “2023: Increase in Demand and Opportunities,” offers valuable insights into the industry. The report provides a comprehensive analysis of research and information from various sources, empowering decision-makers worldwide to make a significant impact on the global economy. With a dynamic vision of the market size, statistics, and competitive landscape, the report presents a complete overview of the industry. It covers future trends, growth factors, consumption, production volume, CAGR value, opinions, profit margin, pricing, and industry-validated market data. This report assists individuals and market competitors in predicting future profitability and making crucial decisions for business growth.
The global yeast extracts and beta-glucan market generated revenue of $642 million in 2015, and is estimated to reach $1,061 million by 2022, registering a CAGR of 7.46% from 2016 to 2022. Yeast is a single-cell microorganism that converts sugar and starch into carbon dioxide bubbles and alcohol. Beta-glucan, also known as immune stimulant, activates white blood cells for defense against infections, and repairs damaged tissues in the body. The market is expected for a steady growth due to change in eating patterns, rise in consumption of processed food & disposable income during the forecast period. It can be formulated into different types of medicines, functional foods, and processed foods such as cosmetics, bakery products, and dietary supplements.
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Health-conscious individuals choose functional foods that keep them healthy and fit. The market growth is accredited to the demand for not only functional and processed foods but also as flavoring ingredients in the baking and brewing. The increase in demand for ready-to-eat foods due to increase in number of working women and rise in urban population has boosted the demand for yeast extracts and beta-glucans. Ample usage of cellulosic biofuels, together with the probiotic functional food among individuals, has further increased the market growth. High cholesterol levels, rise in obesity, and diabetes have pushed the market for making medicines which are also used in immune stimulation to improves the immune system. However, shortage of molasses restrains the market growth.
In this report, the yeast extract and beta-glucan market is segmented into product types and geography. Based on product type, the market is segmented into yeast beta-glucan and yeast extract. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of yeast extract and beta-glucan market with current and future trends to elucidate the imminent investment pockets in the market.
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.
The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
Quantitative analysis of the current market and estimations during 2014-2022 are provided to showcase the financial caliber of the market.
Key market players within the yeast extract and beta-glucan market are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of the global market.
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The leading companies operating in the global yeast extracts and beta-glucan market include:
ABF Ingredients
AHD International LLC
Bio Springer
Angel Yeast Co. Ltd.
AB Mauri
Alltech Inc.
Biotec Pharmacon ASA
Lallemand Inc.
Chr. Hansen A/S
Specialty Biotech Co. Ltd.
OTHER KEY PLAYERS IN THE MARKET VALUE CHAIN INCLUDE
Angel Yeast Co. Ltd
Thai Foods International Co., Ltd.
Fuji Foods Corporation
BioNutrients
Nutra Green
Others
KEY MARKET SEGMENTS
By Type
Yeast Beta-glucan
Yeast Extract
By Geography
North America
U.S.
Mexico
Canada
Europe
Germany
France
Rest of Europe
Asia-Pacific
China
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
Market Dynamics:
Drivers:
- Increasing emphasis on self-care and wellness, particularly among women. A
- Growing awareness of the health and beauty benefits offered by dietary supplements.
- Rising disposable incomes and willingness to invest in premium health and beauty products.
- Influence of social media and beauty influencers shaping consumer preferences.
- Changing lifestyles and health concerns driving the demand for supplementary nutrition.
Restraints:
- Lack of regulatory oversight and quality control in the supplements industry.
- Consumer skepticism and confusion regarding product claims and effectiveness.
- Potential risks and interactions with other medications or health conditions.
- Limited accessibility and affordability of supplements in certain regions.
Opportunities:
- Increasing demand for natural and organic supplements.
- Untapped market potential in the Asia-Pacific region.
- Development of innovative formulations and delivery methods.
- Collaborations with beauty brands or influencers for product endorsements.
- Integration of technology to personalize nutrition and enhance consumer experience.
Challenges:
- Intense competition among market players.
- Navigating regulatory complexities and meeting regional standards.
- Building trust and credibility with consumers.
- Educating consumers about the benefits and proper usage of supplements.
- Addressing concerns and skepticism regarding the safety and efficacy of supplements.
The report will include answers to the following key questions:
- What are the key current trends that can impact the product life cycle and return on investment?
- How do regulatory changes affect corporate, business, and functional strategies?
- Which initiatives by major players in micromarketing are likely to attract investment?
- What are the recommended frameworks and methodologies for conducting PESTLE analysis?
- In which areas are there emerging opportunities for growth and development?
- Which game-changing technologies will be instrumental in capturing new revenue streams in the near future?
- What operational and tactical frameworks are different players adopting to foster customer loyalty?
- What is the current level of market rivalry, and what is the expected degree of competition in the coming years?
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