The global yeast extract and beta glucan market is envisaged to win over a mega growth on the back of an augmenting employment of cellulosic bio-fuels and want for probiotic functional food. Additionally, on account of surging industrialization, the demand for processed food has soared to new heights. As a result, the market could be motivated for more growth. However, one of the major barriers on the growth path of the market is expected to be the paucity of a mandatory yeast extract raw material, i.e. molasses. Nevertheless, manufacturers are expected to keep their hopes alive with opportunities in the processed food sector for novel solutions and various applications of yeast extract and its derivatives.
According to an expert research analysis, the world yeast extract and beta glucan market could attract a valuation of US$1.05 bn by the concluding forecast year 2021. In 2016, the market had attained a revenue figure of US$0.72 bn. For the forecast period 2015–2021, the CAGR anticipated for the market is 7.6%.
Amongst the two products available in the global yeast extract and beta glucan market, yeast extract is envisioned to rake in a herculean revenue share of close to 80.0% by 2021. In the starting year of the forecast period, the market share scenario was more or less the same, which depicts the dominance of the yeast extract product type segment.
Much of the demand for yeast extract could be attributed to its broad scope of applications in various sectors. For instance, depending on the extraction method, it is possible to use yeast extract in the hydrolyzed or autolyzed form with each of them having different applications. In the personal care sector, hydrolyzed yeast extract is utilized in the production of hair conditioning and anti-static products. It is also used a flavoring agent in recipes. Autolyzed yeast extract, on the other hand, could be engaged as an inexpensive alternative to monosodium glutamate (MSG).
While yeast extracts may not be used as flavor enhancers, they find extensive usage as ingredients in the food and beverage sector. Functional foods and drinks, baked and frozen products, ready-to-eat meals, snacks, soups, and sauces all use yeast extracts at a significant rate.
Riding on primary contributors such as Thailand, Japan, South Korea, India, and China, Asia Pacific is prophesied to make the cut in the international yeast extract and beta glucan market alongside North America. Both the regional markets could secure as good as a 50.0% share by the end of the forecast period. Europe is prognosticated to be crowned as a single leading market share holder throughout the forecast years. The demand in these regions could be due to the use of yeast extract and beta glucan in the preparation of dairy products, alcoholic beverages, and medicines. There is a rising demand predicted to take precedence in the baking and brewing sector.
An interesting part pointed out by this geographical analysis is the trend of Europe and Rest of the World losing their shares to the promisingly growing markets of Asia Pacific and North America by 2021. By application, the bakery and processed food segment is projected to be valued at a higher revenue in Asia Pacific. Preference for convenience food products, swelling population size, changing food habits, and elevating disposable income are some of the factors influencing the growth of Asia Pacific.
1. Preface
1.1. Report description
1.2. Market Segmentation
1.3. Research Scope
1.3.1. Assumptions
1.4. Research methodology
2. Executive Summary
2.1. Global yeast extract and yeast beta glucan market (USD Million)
3. Global Yeast Extract and Yeast Beta Glucans Market – Industry Analysis
3.1. Introduction
3.2. Value chain analysis
3.3. Drivers
3.3.1. Rapid growth in demand for processed food due to increasing urbanization
3.3.1.1. Global export of processed food and U.S. export market share
3.3.1.2. Urban population ( % of total ) 2008 and 2012
3.3.2. Increased usage of cellulosic bio-fuels
3.3.2.1. Bio-fuel legislation
3.3.3. Increasing popularity of probiotic functional food among consumers
3.3.3.1. Probiotic functional food retail value, 2010 to 2012
3.4. Restraints
3.4.1. Shortage of molasses
3.5. Opportunities
3.5.1. Increasing usage in processed food industry for new solutions
3.5.2. Broad applications of yeast extract and its derivatives in untapped sectors
3.6. Porter’s five forces analysis
3.6.1. Bargaining power of suppliers
3.6.2. Bargaining power of buyers
3.6.3. Threat of new entrants
3.6.4. Threat of substitutes
3.6.5. Degree of competition
3.7. Market attractiveness by type
3.8. Yeast extract and beta glucan: Company market share, 2014
4. Yeast Extract and Yeast Beta Glucan Market- Product Segment Analysis
4.1. Overview
4.2. Global yeast extract and yeast beta glucan market share by product, 2014 Vs. 2021 (%)
4.3. Yeast extract
4.3.1. Global yeast extract market, revenue, 2014-2021 (USD Million)
4.4. Yeast beta glucan
4.4.1. Global yeast beta glucan market, revenue, 2014-2021 (USD Million)
4.5. Yeast Cell Wall
5. Yeast Extract and Yeast Beta Glucan Market- Application Segment Analysis
5.1. Overview
5.2. Global yeast extract and yeast beta glucan market share by application, 2014 Vs. 2021 (%)
5.3. Bakery and processed food
5.3.1. Global bakery market, revenue, 2014-2021 (USD Million)
5.4. Dairy and functional foods products
5.4.1. Global dairy and functional food products market revenue, 2014-2021 (USD Million)
5.5. Beverages
5.5.1. Global beverages market revenue, 2014-2021 (USD Million)
5.6. Pharmaceuticals
5.6.1. Global pharmaceuticals market, revenue, 2014-2021 (USD Million)
5.7. Others
5.7.1. Global others market, revenue, 2014-2021 (USD Million)
6. Yeast Extract and Yeast Beta Glucan Market- Regional Analysis
6.1. Overview
6.2. Global yeast extract and yeast beta glucan market share by region, 2014 Vs. 2021 (%)
6.3. North America
6.3.1. North America yeast extract and yeast beta glucan market revenue, 2014-2021 (USD Million)
6.3.2. North America yeast extract and yeast beta glucan market revenue by product type, 2014-2021 (USD Million)
6.3.3. North America yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
6.3.4. North America yeast extract and beta glucan market share, by country, 2014 vs. 2021
6.3.5. U.S.
6.3.5.1. U.S. yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.3.6. Canada
6.3.6.1. Canada yeast extract and beta glucan market revenue, 2014-2021 (USD million)
6.3.7. Mexico
6.3.7.1. Mexico yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.4. Europe
6.4.1. Europe yeast extract and beta glucan market revenue, 2014-2021 (USD Million)
6.4.2. Europe yeast extract and yeast beta glucan market revenue by product type, 2014-2021 (USD Million)
6.4.3. Europe yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
6.4.4. Europe yeast extract and beta glucan market share, by country, 2014 Vs 2021 (%)
6.4.5. U.K.
6.4.5.1. U.K. yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.4.6. Italy
6.4.6.1. Italy yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.4.7. France
6.4.7.1. France yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.4.8. Rest of Europe
6.4.8.1. Rest of Europe yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.5. Asia Pacific
6.5.1. Asia Pacific yeast extract and beta glucan market revenue, 2014-2021 (USD Million)
6.5.2. Asia Pacific yeast extract and beta glucan market revenue by product type, 2014-2021 (USD Million)
6.5.3. Asia Pacific yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
6.5.4. Asia-Pacific yeast extract and beta glucan market share, by country, 2014 Vs. 2021 (%)
6.5.5. India
6.5.5.1. India yeast extract and beta glucan market revenue, 2014-2021 (USD million)
6.5.6. China
6.5.6.1. China yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.5.7. Japan
6.5.7.1. Japan yeast extract and beta glucan market revenue, 2014-2021 (USD million)
6.5.8. Rest of Asia Pacific
6.5.8.1. Rest of Asia Pacific yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
6.6. Rest of the World (RoW)
6.6.1. RoW yeast extract and beta glucan market revenue, 2014-2021 (USD Million)
6.6.2. RoW yeast extract and yeast beta glucan market revenue by product type, 2014-2021 (USD Million)
6.6.3. RoW yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
6.6.4. RoW yeast extract and yeast beta glucan market share, by country, 2014 Vs. 2021 (%)
6.6.5. Latin America
6.6.5.1. Latin America yeast extract and beta glucan market revenue, 2014-2021 (USD million)
6.6.6. Middle East
6.6.6.1. Middle East yeast extract and beta glucan market revenue, 2014-2021 (USD million)
6.6.7. Africa
6.6.7.1. Africa yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
7. Company Profiles
7.1. Angel Yeast Co. Ltd.
7.2. AB Mauri
7.3. ABF Ingredients
7.4. AHD International
7.5. Alltech Inc.
7.6. Biotec Pharmacon ASA
7.7. Bio Springer
7.8. Chr. Hansen A/S
7.9. Lallemand Inc.
7.10. Royal DSM N.V.
7.11. Specialty Biotech Co., Ltd.
List of Tables
TABLE 1: Global yeast extract and beta glucan market snapshot
TABLE 2: Yeast extract and beta glucan market size and forecast, by type, 2014-2021 (USD Million)
TABLE 3: Yeast extract and beta glucan market size and forecast, by application, 2014-2021 (USD Million)
TABLE 4: Drivers for yeast extract and yeast beta glucans market: Impact analysis
TABLE 5: Bio-fuel legislation
TABLE 6: Restraints for yeast extract and yeast beta glucans market: Impact analysis
TABLE 7: North America yeast extract and yeast beta glucan market revenue by product type, 2014-2021 (USD Million)
TABLE 8: North America yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
TABLE 9: Europe yeast extract and yeast beta glucan market revenue by product type, 2014-2021 (USD Million)
TABLE 10: Europe yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
TABLE 11: Asia Pacific yeast extract and beta glucan market revenue by product type, 2014-2021 (USD Million)
TABLE 12: Asia Pacific yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
TABLE 13: RoW yeast extract and yeast beta glucan market revenue by product type, 2014-2021 (USD Million)
TABLE 14: RoW yeast extract and yeast beta glucan market revenue by application, 2014-2021 (USD Million)
List of Figures
FIG. 1: Market Segmentation: Global Yeast Extract And Yeast Beta Glucans Market
FIG. 2: Global yeast extract and yeast beta glucan market (USD Million)
FIG. 3: Value chain analysis
FIG. 4: Global export of processed food and U.S. export market share
FIG. 5: Urban population ( % of total ) 2008 and 2012
FIG. 6: Probiotic functional food retail value, 2010 to 2012
FIG. 7: Porter’s five forces analysis
FIG. 8: Yeast extract and beta glucan market attractiveness, by product type (2014)
FIG. 9: Yeast extract and beta glucan: Company market share, 2014
FIG. 10: Global yeast extract and beta glucan market share by product, 2014 Vs. 2021 (%)
FIG. 11: Global yeast extract market, revenue, 2014-2021 (USD Million)
FIG. 12: Global yeast beta glucan market, revenue, 2014-2021 (USD Million)
FIG. 13: Global yeast extract and beta glucan market share by application, 2014 Vs. 2021 (%)
FIG. 14: Global bakery market, revenue, 2014-2021 (USD Million)
FIG. 15: Global dairy and functional food products market revenue, 2014-2021 (USD Million)
FIG. 16: Global beverages market revenue, 2014-2021 (USD Million)
FIG. 17: Global pharmaceuticals market, revenue, 2014-2021 (USD Million)
FIG. 18: Global others market, revenue, 2014-2021 (USD Million)
FIG. 19: Global yeast extract and yeast beta glucan market share by region, 2014 Vs. 2021 (%)
FIG. 20: North America yeast extract and beta glucan market revenue, 2014-2021 (USD Million)
FIG. 21: North America yeast extract and beta glucan market share, by country, 2014 vs. 2021 (%)
FIG. 22: U.S. yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 23: Canada yeast extract and beta glucan market revenue, 2014-2021 (USD million)
FIG. 24: Mexico yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 25: Europe yeast extract and beta glucan market revenue, 2014-2021 (USD Million)
FIG. 26: Europe yeast extract and yeast beta glucan market share, by country, 2014 Vs. 2021 (%)
FIG. 27: U.K. yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 28: Italy yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 29: France yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 30: Rest of Europe yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 31: Asia Pacific yeast extract and beta glucan market revenue, 2014-2021 (USD Million)
FIG. 32: Asia-Pacific yeast extract and beta glucan market share, by country, 2014 Vs 2021 (%)
FIG. 33: India yeast extract and beta glucan market revenue, 2014-2021 (USD million)
FIG. 34: China yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 35: Japan yeast extract and beta glucan market revenue, 2014-2021 (USD million)
FIG. 36: Rest of Asia Pacific yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)
FIG. 37: RoW yeast extract and beta glucan market revenue, 2014-2021 (USD Million)
FIG. 38: RoW yeast extract and yeast beta glucan market share, by country, 2014 Vs 2021 (%)
FIG. 39: Latin America yeast extract and beta glucan market revenue, 2014-2021 (USD million)
FIG. 40: Middle East yeast extract and beta glucan market revenue, 2014-2021 (USD million)
FIG. 41: Africa yeast extract and yeast beta glucan market revenue, 2014-2021 (USD million)