Press release
Yeast Extracts and Beta-Glucan Market Outlook 2022 : Top Key Players ABF Ingredients, AHD International LLC, Bio Springer, Angel Yeast, AB Mauri and Others
The yeast extract and beta-glucan market faces stiff competition from other industries in terms of sources of raw materials. Increase in usage of yeast extract for new solutions in the processed food industry provides opportunities for players in the market. Increase in raw material pricing and global demand for raw material has led to the competitive market.Yeast extracts and beta-glucan 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.
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In a growing number of countries, unique conventional food habits and ethnic cuisines are increasingly replaced by ready-to-eat products, soft drinks, supermarkets, and Westernized fast foods. The Westernization of food consumption patterns may not be characterized simply by the rise in calorie intake, the increase in sugar, fats, & animal products, and the simultaneous decline in cereals, potatoes, & pulses. Ready-to-eat products started to develop in the 1990s and at present represent a significant share of food expenditure.
Molasses is an important source of raw material for the production of yeast, which is not only used in the production of yeast but also in other industries. Its shortage is the primary factor that hampers the market growth globally. The market has become competitive in terms of sources of raw materials.
Yeast extracts are used as food additives or flavorings, or as nutrients for bacterial culture media. They are often used to create savory flavors and can be found in a large variety of packaged food, including frozen meals, crackers, snack foods, gravy, stock, and others.
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Key Benefits Of Yeast Extract And Beta Glucan Market :
• This report provides an extensive analysis of the current yeast extracts and beta-glucan market trends, future estimations, and dynamics from 2014 to 2022 of the global market, which assists to identify the prevailing opportunities.
• Geographically, the market is analyzed based on North America, Europe, Asia-Pacific, and LAMEA regions.
• Exhaustive analysis predicts the types that are currently used along with the variants are expected to gain prominence in the future.
• Competitive intelligence of leading manufacturers and distributors highlights the competitive scenario across the geographies.
• Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the yeast extracts and beta-glucan market framework.
• Key market players are profiled and their strategies are analyzed thoroughly, which portray the competitive outlook.
The prominent players profiled in the report include ABF Ingredients, AHD International LLC, Bio Springer, Angel Yeast Co. Ltd., AB Mauri, Alltech Inc., Biotec Pharmacon ASA, Lallemand Inc., Chr. Hansen A/S, and Specialty Biotech Co. Ltd. Other key players (not profiled in the report) in the market value chain include Angel Yeast Co. Ltd, Thai Foods International Co., Ltd., Fuji Foods Corporation, BioNutrients, Nutra Green, and others.
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