Yeast Beta-glucan Market size is expected to reach USD 353.9 million by 2030

 Yeast Beta-glucan Industry Overview

The global yeast beta-glucan market size was valued at USD 174.2 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.2% from 2022 to 2030. Growing product demand in functional food and animal feed applications is expected to be a key driving factor for the market over the forecast period.

 

The rising number of chronic diseases and burgeoning geriatric population are among the key factors that are fueling the demand for functional foods across the globe. Children and women, especially in developing countries, are more prone to low immunity levels. The aforementioned factors, coupled with the rising consumer awareness regarding health, are expected to propel the demand for immunity-boosting ingredients such as the product.

 

Gather more insights about the market drivers, restrains and growth of the Global Yeast Beta-glucan Market

 

A significant number of consumers are opting for preventive regimens rather than after-treatment medications. Product innovations, especially in the nutrition segment, are expected to propel the demand for yeast beta-glucan-containing nutraceuticals and medicines over the projected period.

The U.S. accounted for the largest volume share of over 75.0% in the North American market in 2021 and is expected to maintain its lead throughout the forecast period. High consumer spending on functional food items and dietary supplements is expected to drive the product demand in the country over the projected period.

 

The immune-boosting properties made the product one of the most researched ingredients during the pandemic. Research carried out in Unité de Glycobiologie Structurale et Fonctionnelle (UGSF) in 2020 concluded that it helps in improving immune defense before a patient is contracted with respiratory virus infections, especially SARS-CoV-2.

 

The outbreak of COVID-19 has shifted the attention of key players toward manufacturing healthy and immunity-boosting. According to the leading manufacturer of beta-glucan, Lallemand Bio-Ingredients, the demand for beta-glucans, especially post-pandemic, is expected to match the demand for vitamins and omega-3 tablets.

 

Though the product offers great nutritional benefits, the manufacturers are facing challenges regarding its compatibility with other food components. Moreover, manufacturers find it difficult to keep the nutritional composition during processing and eliminate the risk of degradation. These factors are anticipated to create a challenge in the market over the forecast period.

 

Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports

  • Sugar Substitutes Market: The global sugar substitutes market was valued at USD 6.22 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. 
  • Commercial Seaweed Market: The global commercial seaweed market size was USD 9.9 billion in 2021, growing at a compound annual growth rate (CAGR) of 2.3% from 2022 to 2030. 

 

 

Key Companies Profile

Some prominent players in the global yeast beta-glucan market include:

  • Cargill, Incorporated
  • Lesaffre Human Care
  • EMD Millipore
  • Biorigin
  • Kerry Group plc
  • Lallemand, Inc.
  • Specialty Biotech Co., Ltd.
  • Van Wankum Ingredients
  • Angel Yeast Co., Ltd.
  • Leiber

 

Order a free sample PDF of Yeast Beta-glucan Market Intelligence Study, published by Grand View Research.

 

 

Comments

Post a Comment

Popular posts from this blog

Global Potash Market: Trends, Growth & Forecast 2023-2032

T he global  potash market  size is expected to reach USD 93.50 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032, according to a new study by Grand View Research, Inc. This is attributed to the increasing demand for food and efficient usage of agricultural land. As consumers seek healthier options, there has been a surge in demand for high-value crops like fruits, vegetables, and specialty crops, boosting the demand for potash. Furthermore, the adoption of precision agriculture techniques has become increasingly prevalent in recent years. Precision agriculture involves using advanced technologies and data-driven approaches, such as soil testing and targeted nutrient management, to make informed decisions about fertilizer application.   Farmers are embracing precise and site-specific methods for applying fertilizers, based on field variability and crop requirements. This trend makes way for optimized resource utilization, improved crop performance, and enhanced...
Read more

Smart Ticketing Market Report: Emerging Technologies & Market Opportunities

  The global smart ticketing market size is expected to reach USD 31.65 billion by 2030, growing at a CAGR of 15.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. With the widespread adoption of smartphones, mobile ticketing channels have gained traction, allowing users to purchase, store, and validate tickets directly on their mobile devices, eliminating the need for physical cards or paper tickets. The convenience and ease of use offered by mobile ticketing have contributed to the growth of the market. Smart ticketing systems generate vast amounts of data on passenger journeys, travel patterns, and ticket usage.   Operators leverage this data to gain valuable insights, optimize operations, and improve the overall passenger experience. Data analytics techniques, such as predictive modeling and real-time monitoring, are being applied to enhance efficiency, manage capacity, and offer personalized services, which bode well for smart ticketing...
Read more

Boosting Crop Yields: India Foliar Fertilizer Market Trends & Forecasts

  The  India foliar fertilizer market  size is expected to reach USD 4.9 billion by 2030, expanding at a CAGR of 11.3% during the forecast period, as per a new report by Grand View Research, Inc. The industry growth is majorly driven by surged demand for food due to increasing population coupled with supportive government initiatives and decreasing arable land in the country.   There has been a significant increase in the global prices of fertilizers and foliar fertilizers. As such, farmers falling into small- and marginal-income categories cannot afford to buy fertilizers resulting in reduced agricultural yields. This has led the Government of India to take initiatives to provide fertilizer subsidies to farmers in the country to make them affordable at subsidized prices. For instance, the Government of India announced a subsidy scheme related to fertilizers worth USD 27 billion in 2022 to ensure that fertilizers are affordable for every farmer in the country. Thus, ...
Read more