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

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

  • Submitted By: amyjames
  • Date Submitted: 02/07/2016 9:25 PM
  • Category: Business
  • Words: 1733
  • Page: 7

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: Growing Demand
for Processed Food to Propel Market at 7.6% CAGR during 20152021

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Yeast Extract and Beta Glucan Market

REPORT DESCRIPTION

The yeast extract and beta glucan market is predicted to witness a stable development owing to the
increasing demand for functional foods. Additionally, the rise in demand for processed food owing to
expanding urbanization has stimulated the demand for ready-made meals across numerous countries,
namely India, Brazil, France, the UK, and the U.S, among others. Furthermore, increasing demand for the
ingredients used in flavoring in the brewing and baking industry has also fuelled the market for yeast
extract and beta glucan.The global yeast extract and beta glucan market stood at US$631.5 million in
2014 and is predicted to reach US$1,054.5 million by 2021, expanding at a 7.6% CAGR between 2015 and
2021.
Yeast Beta Glucans Act as an Additive; Yeast Extract Acts as an Ingredient
Yeast and beta glucan are widely utilized in industries. The global yeast extract and beta glucan market is
segmented into two major product types, namely yeast beta glucans and yeast extract. Yeast beta glucans
act as an additive and yeast extract acts as an ingredient in the food industry. Amongst these, in 2014,
yeast extract constituted the biggest share in the market and is the most swiftly developing segment in
the total market for yeast extract and beta glucan and is anticipated to expand at a 7.8% CAGR during the
forecast horizon. Yeast extract is utilized as a...

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