The global yeast extracts and beta-glucan market size was US$ 1440.7 million in 2021. The global yeast extracts and beta-glucan market size is forecast to reach US$ 3,006.1 million by 2030, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2022 to 2030.

The yeast extract is a complex and widely used hydrolysate of yeast. These organic compounds contain sulfur, carbon, vitamin B complexes, trace nutrients, and other growth factors vital to the development and growth of various microorganisms. In addition, there are two types of yeast extracts: hydrolyzed yeast extract and yeast autolysate extract. Glucan is a glucose polymer characterized by its interchangeable linkage between alpha and beta chains. The beta-glucan is a heterogeneous group of polysaccharides linked to D-glucose by Nan starch. Additionally, beta-glucan is a type of sugar found in bacteria, fungi, yeast, and plants, including oats and barley. 

Factors Influencing Market Growth

• A rise in disposable income, changes in consumption patterns, and an increase in consumption of processed food are the factors expected to drive the yeast extract and beta-glucan market.
• A rise in the applications of yeast and specialty yeast products in the food and beverage industry and continuous investments in R&D for the development of new products drive the global market growth.
• Although yeast extracts and beta-glucan have enormous benefits, their consumption can cause allergic reactions, including skin irritation, diarrhea, bloating, gas, and stomach discomfort. As a result, allergies caused by yeast extract and beta-glucan consumption may slow down the overall market growth. 

Impact Analysis of COVID-19

The COVID-19 pandemic had positively impacted the global market growth. In light of the COVID-19 outbreak, consumers stocked up on soups, ready-to-cook, and ready-to-eat snacks and meat dishes to limit social contact and avoid going out. Changes in consumer behavior have boosted the sale of yeast extract and beta-glucan as key ingredients in shelf-stable foods. 

Regional Insights

North America held the most market share and is forecast to sustain its position during the forecast period. As a result, the increasing adoption and acceptance of newly launched food products that contain beta-glucan as an immune-boosting ingredient present remarkable growth opportunities for yeast extracts and beta-glucan. The busy lifestyles of consumers in North America and the rise in health consciousness are the major factors driving the market growth. With health-conscious consumers more interested in clean labeled products and natural ingredients, the market for yeast extracts and beta-glucan is likely to grow.

Leading Competitors

The leading prominent companies profiled in the global yeast extracts and beta-glucan market are:

• Thai Foods International Co., Limited
• Alltech
• Archer-Daniels-Midland Company
• Angel Yeast Co., Limited
• Associated British Food Plc
• Chr Hasen As
• Lallemand, Incorporated
• Lesaffre ET Compagnie, SA
• Nutra Green Biotechnology Co., Limited
• Specialty Biotech Co., Limited
• Other Prominent Players

Scope of the Report

The global yeast extracts and beta-glucan market segmentation focuses on Product Type, Application, and Region.

Segmentation based on Product Type

• Yeast Extract
• Yeast Beta-Glucan

Segmentation based on Application

• Food & Beverages
• Pharmaceutical
• Cosmetic
• Animal Feed
• Others

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America