Yeast Extracts and Beta-Glucan Market 2018 Report: Growth Rate by Application, Manufacturers and Forecast - 2022

Global Yeast Extracts and Beta-Glucan Market Size was valued at $642 million in 2015, and is expected to reach $1,061 million by 2022, supported by a CAGR of 7.46% during the forecast period 2014 - 2022. This market is primarily segmented based on product type and geography. The global yeast extract and beta-glucan market comprises North America, Europe, Asia-Pacific, and LAMEA.

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Furthermore, the global market also includes the various business strategies adopted by key market players to sustain the competitive world and increase their share in the global market. These majorly cover new product launches, mergers & acquisitions, agreements & partnership, and joint ventures.

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Due to the presence of numerous players in the market, there is high rivalry within competitors to occupy major market shares. In such a scenario, the companies exert pressure on each other and try to limit their competitor’s profitability. However, high economic base and high growth rate increases the competitive rivalry in the industry. High exit barriers in the industry and innovations in the product make the competition high.

Yeast Extracts and Beta-Glucan Market Report, published by Allied Market Research, forecasts that the global market was valued at $642 million in 2015, and is expected to reach $1,061 million by 2022, supported by a CAGR of 7.46% during the forecast period 2016 - 2022.

The global yeast extracts and beta-glucan market is driven by factors such as rise in demand for yeast extract and beta-glucan among health-conscious consumers. In addition, increase in applications of yeast and specialty yeast products in the food & beverages industry and continuous investments in R&D for the development of new products boost the market growth. Furthermore, increase in cholesterol levels, rise in the number of obesity and diabetes cases have pushed the market of yeast extract and beta-glucans for making medicines, which are also used to boost the immune system.

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