The
global yeast extract
and beta glucan market is expected to witness expand
considerably due to the increased usage of cellulosic bio-fuels and need for
probiotic functional food. In addition to that, rapid industrialization and
demand for processed food products have grown exponentially. As a result of
such growth promoting factors, global yeast extract and beta glucan market is
likely to experience soaring demand from various end-users.
Biotec
Pharmacon ASA, Angel Yeast Co. Ltd, Royal DSM N.V, Specialty Biotech Co.,
Ltd.,ABF Ingredients, and Lallemand Inc. are some of the leading companies that
are functional in the global yeast extract and beta glucan market.
Transparency
Market Research in its new research report bearing the title ‘Yeast Extract and
Beta Glucan Market’ clearly explains the market drivers, opportunities,
restrains, size and growth. According to this report, global yeast extract and
beta glucan market will rise at robust 7.6% CAGR during the forecast period.
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Extensive Usage in Food Processing
Industry Accelerates Growth
Broad scope of
applications across numerous industries is ascribed to for the robust growth of
the global yeast extract and beta glucan market. For example, depending on the
method of extraction, yeast extract can be used in autolyzed or hydrolyzed form
with each of the forms having different applications. In the personal care
industry, hydrolyzed yeast extract is used for the making of anti-static ad
hair conditioning products. It is finds its usage as flavoring agents in many
food preparations. On the other hand, autolyzed yeast extract is used as an
cheaper substitute of monosodium glutamate (MSG).
The global
yeast extract and beta glucan market is prophesized to make promising strides
driven by their increasing application in the food production sector across the
globe. The large-scale application of yeast extract as natural ingredients in
the industry of processed food is a remarkable element that is steering the
global yeast extract and beta glucan market towards robust growth.
Rapid
industrialization and fast-paced urbanization have resulted in hectic lifestyle
that demands consumption of processed food. The potential usage of beta glucan
as functional ingredients in the food industry is acting as a catalyst for the
rapid growth of the global yeast extract and beta glucan market.
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A sizeable
chunk of the revenue in the global yeast extract and beta glucan market arises
from the extensive requirement for yeasts in the production of functional food
and dairy products, particularly across Europe. The growing usage of yeast
extract and beta glucan in the many other sectors such as beverages, animal
feed, cosmetics, and pharmaceuticals is continuously improving the market.
The global
yeast extract and beta glucan market is expected to reap benefits from the
growing need for yeast extracts and beta glucan in the making of cellulosic
biofuels. Besides, their usage in the probiotic functional food segment is also
an attractive opportunity for market players.
Yeast extracts
might not be used as flavor enhancers but they find substantial application as
ingredients in the food and beverage industry. Ready-to-eat meals, functional
foods and drinks, baked and frozen products, sauces, soups, and snacks all make
use of yeast extracts at a significant rate.
On the other
hand, one of the major factors that is restraining the growth of the global
yeast extract and beta glucan market is the scarcity of a compulsory yeast
extract raw material, i.e. molasses. Nonetheless, companies are keeping their
hopes alive with the available opportunities in the sector of processed food
for novel solutions and extensive usage of yeast extracts and its derivatives.
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