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

  • Date Submitted: 03/14/2016 09:56 PM
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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 to Expand at 7.6%
CAGR from 2015 to 2021

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Yeast Extract and Beta Glucan Market

REPORT DESCRIPTION

According to a recent market study published by Transparency Market Research, the global market for
yeast extract and beta glucan will rise at a CAGR of 7.6% from 2015 to 2021. The report, titled “Yeast
Extract and Beta Glucan Market - Global Industry Analysis, Size, Share, Growth and Forecast 2015 - 2021,”
states that the global yeast extract and beta glucan market will be worth more than US$1 bn by 2021. The
market’s valuation in 2014 was US$0.6 bn, as per the report.
The report says that the increasing demand for processed foods due to rapid urbanization has fuelled the
global yeast extract and beta glucan market. In addition, large-scale utilization of cellulosic biofuels,
combined with the rising popularity of probiotic foods among consumers, has further augmented the
growth of this market. However, as per the report, scarcity of molasses will hinder the growth of this
market during the forecast horizon.
From the beginning of the 20th century, experiments with yeast extract have aroused the interest of
researchers for medicinal use. These experiments were related to the interaction of yeast when
complemented in the blood serum and for pharmaceutical applications for wound healing and anti-tumor
applications. Yeast extracts are a class of processed yeast products that are obtained by extracting the
content of cell walls of living organisms.
In terms of the products available in the...

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