Allied Market Research has published a latest report, titled, Yeast Extracts and Beta-Glucan Market Report. The industry has generated revenue of $642 million in 2015. Thus, they anticipate it to reach $1,061 million by 2022 and increase with a CAGR of 7.46% during the forecast period 2016–2022.

Portland, OR -- (SBWire) -- 08/30/2017 --According to the research, there are many factors that drive the global yeast extracts and beta-glucan market, such as increase in demand for yeast extract and beta-glucan among health-conscious consumers. In addition, rise in applications of yeast and specialty yeast products in the food & beverages industry have propelled growth of the industry. Apart from this continuous investments in research and development for the new products also boost the market prosperity.

Furthermore, growth in cholesterol levels, rise in the number of obesity & diabetes cases have pushed the market of yeast extract and beta-glucans. These factors influence the industry to make medicines, which are also used to boost the immune system.

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Alternative features that accelerate demand of the yeast extract and beta-glucan products include change in eating patterns and rise in consumption of processed food. These patterns are coupled with high disposable income in developing countries in turn fuel market to achieve new heights. Moreover, rise in use of yeast extracts in the processed food industry has led to spiraling growth in the number of yeast manufactures. There are factors that impede prosperity of the industry, such as shortage of molasses and easy availability of feasible substitutes. Sources of raw materials and easy replacement have affected the sales in response to yeast extract and beta-glucan manufactures to develop differentiated products. The industry finds application in unused sectors which provide ample opportunities for development.

KEY FINDINGS OFYEAST EXTRACTS AND BETA-GLUCAN MARKET:

- The yeast extract segment occupied the highest share in 2015.

- The yeast extract sector is projected to grow at a CAGR of 7.53%, in terms of value, during the forecast period.

- The European region is expected to lead the market for yeast extract and beta-glucan products, followed by North America.

The research includes key market players of the global yeast extracts and beta glucan market based on in-depth analysis of profile of each manufacturer. Apart from this, the study thoroughly evaluates strategies of these players.

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