Yeast Beta Glucan Market Covering Prime Factors and Competitive Outlook till 2032 - PowerPoint PPT Presentation

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Yeast Beta Glucan Market Covering Prime Factors and Competitive Outlook till 2032

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Yeast Beta-glucan Market size valued at USD 165 million in 2022 and is anticipated to expand at 9.5% CAGR from 2023 to 2032 – PowerPoint PPT presentation

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Date added: 27 February 2024
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Title: Yeast Beta Glucan Market Covering Prime Factors and Competitive Outlook till 2032


1
Yeast Beta Glucan Market Size to Cross USD 409 Mn
by 2032
2
Overview of Yeast Beta Glucan Market
  • The yeast beta glucan market is expected to reach
    USD 409 million by 2032, according to a new
    research report by Global Market Insights Inc.
  • A food substance that the Food and Drug
    Administration (FDA) considers safe and is widely
    used in foods, such as baking foods and
    beverages, premix, dairy products, cereals, and
    vegetable protein products. Furthermore, the
    rising usage of yeast beta glucan in the
    production of sports nutrition products is
    increasingly drawing interest from a growing
    number of health-conscious customers.
  • The yeast beta glucan market from the insoluble
    segment is set to grow at CAGR of 10 between
    2023 to 2032, due to the increasing use of
    natural flavoring that is produced using yeast,
    coupled with prominent initiatives by various
    companies to launch new products. For instance,
    in April 2022, AIDP, Inc. stated that Puremune, a
    branded insoluble yeast beta-glucan by Immudyne
    Nutritional, received a commercial authorization
    from Health Canada as a yeast beta glucan source
    with immunomodulating effects at 30 mg per dosage.

3
Continue
  • The yeast beta glucan market share from the above
    85 segment is set to cross USD 95.5 million in
    revenue by 2032, attributed to the growing demand
    for food products with functional benefits among
    the younger generations, such as millennials, is
    fueling product use. Furthermore, ongoing
    initiatives by enterprises to consolidate their
    business standing are likely to promote segment
    expansion. In January 2021, Danstar Ferment AG, a
    Lallemand Inc subsidiary, acquired Biotec
    BetaGlucans AS (BBG), a producer of high-purity
    beta glucan, to gain access to promising
    technologies in yeast-based ingredients.
  • The from pharmaceutical applications segment is
    anticipated to depict more than 10.5 CAGR
    through 2032. In recent years, pharmaceutical
    companies have amplified their RD efforts to
    incorporate the immunity-boosting properties of
    yeast beta glucan in various treatments, which is
    expected to impel the market growth. For
    instance, in August 2022, Ceapro and McMaster
    University extended an ongoing collaboration to
    conduct further research on developing an
    inhalable immuno-therapeutic for treating lung
    fibrosis caused by the COVID-19 infection with
    yeast beta glucan that is purified and dried
    using PGX technology.

4
Continue
  • The Europe yeast beta glucan market is slated to
    surpass USD 125 million by 2032. The EU has
    approved yeast beta-glucan as a novel food
    component in the manufacturing of beverages and a
    variety of foods. The rising popularity of health
    and wellness products, particularly nutritional
    supplements, has increased the need for yeast
    beta glucan, which is a major factor likely to
    boost the regional industry revenue growth.
    According to NCBI, 72 of adults in Poland use
    dietary supplements, with 48 consuming them on a
    regular basis.
  • Notable participants in the yeast beta glucan
    market include Kerry Group, Ohly, Mitushi
    Biopharma, Aria Ingredients, Sanofi, Biorigin,
    Lallemand, and Leiber.

5
Browse Full Research Report On Yeast Beta Glucan
Market _at_ https//bit.ly/43552iw Request for a
sample of this research report _at_
https//bit.ly/43cElsC
6
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