Yeast Extract and Beta Glucan Market - Global Industry
Analysis, Size, Share, Growth and Forecast 2015 - 2021
88 Page Report
Global Yeast Extract and Beta Glucan Market to Expand at 7.6%
CAGR from 2015 to 2021
Transparency Market Research
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Yeast Extract and Beta Glucan Market
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
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...