Food Grade Yeast Extracts & Beta-Glucan Market by Product Type, Source, Application, Form, Nature, End User

Description

List of Tables

The Food Grade Yeast Extracts & Beta-Glucan Market was valued at USD 103.65 million in 2023, expected to reach USD 115.44 million in 2024, and is projected to grow at a CAGR of 10.57%, to USD 209.54 million by 2030.

Food grade yeast extracts and beta-glucan play crucial roles in the food and beverage industry, with yeast extracts serving as flavor enhancers and beta-glucan known for its health benefits, mainly as an immune system booster and cholesterol-lowering agent. These products are essential due to their natural origins and multifaceted applications across various industries, including food & beverage, pharmaceuticals, and animal feed. The growing demand for clean-label products and plant-based diets is driving the adoption of yeast extracts as natural flavoring agents, while beta-glucan is increasingly sought after due to rising health awareness among consumers. The end-use scope is broad, encompassing bakery products, soups, sauces, and dairy alternatives. Key growth drivers include the rising inclination towards healthier diets, advancements in extraction technologies, and increasing demand for sustainable and organic products. A significant opportunity lies in the development of customized yeast extract formulations that cater to specific culinary needs, enhancing both flavor and nutritional profiles. Further, leveraging advances in biotechnology to increase the yield and quality of beta-glucan extracts can pave new avenues for growth. However, the market faces limitations such as stringent regulatory norms and the high cost of production, which can affect pricing strategies and profit margins. Additionally, consumer skepticism surrounding genetically modified products poses another challenge. To foster innovation, companies should invest in research focusing on sustainable production methods and the development of multifunctional yeast and beta-glucan products. Exploring synergies with other natural ingredients could lead to novel product offerings that meet consumer demands for comprehensive health solutions. The food grade yeast extract and beta-glucan market is dynamic, characterized by evolving consumer preferences and technological advancements, necessitating continuous adaptation and strategic planning to capture growth opportunities successfully.

KEY MARKET STATISTICS
Base Year [2023]	USD 103.65 million
Estimated Year [2024]	USD 115.44 million
Forecast Year [2030]	USD 209.54 million
CAGR (%)	10.57%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Food Grade Yeast Extracts & Beta-Glucan Market

The Food Grade Yeast Extracts & Beta-Glucan Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Stringent regulatory standards and certifications augmenting consumer trust in yeast extracts and beta-glucans
- Collaborations and partnerships between food manufacturers and yeast extract producers fostering market expansion
- Growing consumer inclination towards functional foods supporting market demand
- Innovations in the food industry leading to diverse applications of yeast extracts and beta-glucans
Market Restraints
- Stringent regulatory frameworks and compliance requirements restraining market expansion
- High costs associated with production and extraction processes
Market Opportunities
- Rising awareness about health benefits of beta-glucan in dietary supplements
- Expanding use of yeast extracts in animal feed industry to promote gut health
- Growing demand for functional foods with immune-boosting properties increasing beta-glucan utilization
Market Challenges
- Misconception and lack of awareness among consumers about yeast extracts and beta-glucans
- Supply chain disruptions and raw material price volatility affecting product availability and pricing

Porter's Five Forces: A Strategic Tool for Navigating the Food Grade Yeast Extracts & Beta-Glucan Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Food Grade Yeast Extracts & Beta-Glucan Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Food Grade Yeast Extracts & Beta-Glucan Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Food Grade Yeast Extracts & Beta-Glucan Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Food Grade Yeast Extracts & Beta-Glucan Market

A detailed market share analysis in the Food Grade Yeast Extracts & Beta-Glucan Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Food Grade Yeast Extracts & Beta-Glucan Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Food Grade Yeast Extracts & Beta-Glucan Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Food Grade Yeast Extracts & Beta-Glucan Market

A strategic analysis of the Food Grade Yeast Extracts & Beta-Glucan Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Food Grade Yeast Extracts & Beta-Glucan Market, highlighting leading vendors and their innovative profiles. These include AB Mauri, Alltech Inc., Angel Yeast Co., Ltd., Associated British Foods plc, Biorigin, Chr. Hansen Holding A/S, DSM, Kemin Industries, Inc., Kerry Group, Lallemand Inc., Lesaffre Group, Nutreco, Ohly GmbH, Orffa, Phileo, Royal Cosun, Sensient Technologies Corporation, Specialty Biotech Co., Ltd, Synergy Flavors, and Tate & Lyle PLC.

Market Segmentation & Coverage

This research report categorizes the Food Grade Yeast Extracts & Beta-Glucan Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Product Type, market is studied across Beta-Glucan and Yeast Extracts. The Beta-Glucan is further studied across Insoluble Beta-Glucan and Soluble Beta-Glucan. The Yeast Extracts is further studied across Liquid Yeast Extract and Powdered Yeast Extract.
Based on Source, market is studied across Baker's Yeast and Brewer's Yeast. The Baker's Yeast is further studied across Saccharomyces Boulardii and Saccharomyces Cerevisiae. The Brewer's Yeast is further studied across Primary Brewer's Yeast and Secondary Brewer's Yeast.
Based on Application, market is studied across Animal Feed, Food & Beverage, and Pharmaceuticals. The Animal Feed is further studied across Aquaculture, Feed Additives, and Pet Food. The Food & Beverage is further studied across Bakery Products, Beverages, Dairy Products, Functional Foods, Meat & Poultry Products, Snacks & Savory, and Soups & Sauces. The Pharmaceuticals is further studied across Digestive Health, Heart Health, and Immune Enhancers.
Based on Form, market is studied across Dry Form, Encapsulated, and Liquid Form. The Dry Form is further studied across Flakes, Granules, and Powder. The Liquid Form is further studied across Extract and Paste.
Based on Nature, market is studied across Conventional and Organic.
Based on End User, market is studied across Food Service Industry and Manufacturers.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-2B5802CFE401

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Stringent regulatory standards and certifications augmenting consumer trust in yeast extracts and beta-glucans
  - 5.1.1.2. Collaborations and partnerships between food manufacturers and yeast extract producers fostering market expansion
  - 5.1.1.3. Growing consumer inclination towards functional foods supporting market demand
  - 5.1.1.4. Innovations in the food industry leading to diverse applications of yeast extracts and beta-glucans
- 5.1.2. Restraints
  - 5.1.2.1. Stringent regulatory frameworks and compliance requirements restraining market expansion
  - 5.1.2.2. High costs associated with production and extraction processes
- 5.1.3. Opportunities
  - 5.1.3.1. Rising awareness about health benefits of beta-glucan in dietary supplements
  - 5.1.3.2. Expanding use of yeast extracts in animal feed industry to promote gut health
  - 5.1.3.3. Growing demand for functional foods with immune-boosting properties increasing beta-glucan utilization
- 5.1.4. Challenges
  - 5.1.4.1. Misconception and lack of awareness among consumers about yeast extracts and beta-glucans
  - 5.1.4.2. Supply chain disruptions and raw material price volatility affecting product availability and pricing
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Food Grade Yeast Extracts & Beta-Glucan Market, by Product Type

6.1. Introduction
6.2. Beta-Glucan
- 6.2.1. Insoluble Beta-Glucan
- 6.2.2. Soluble Beta-Glucan
6.3. Yeast Extracts
- 6.3.1. Liquid Yeast Extract
- 6.3.2. Powdered Yeast Extract

7. Food Grade Yeast Extracts & Beta-Glucan Market, by Source

7.1. Introduction
7.2. Baker's Yeast
- 7.2.1. Saccharomyces Boulardii
- 7.2.2. Saccharomyces Cerevisiae
7.3. Brewer's Yeast
- 7.3.1. Primary Brewer's Yeast
- 7.3.2. Secondary Brewer's Yeast

8. Food Grade Yeast Extracts & Beta-Glucan Market, by Application

8.1. Introduction
8.2. Animal Feed
- 8.2.1. Aquaculture
- 8.2.2. Feed Additives
- 8.2.3. Pet Food
8.3. Food & Beverage
- 8.3.1. Bakery Products
- 8.3.2. Beverages
- 8.3.3. Dairy Products
- 8.3.4. Functional Foods
- 8.3.5. Meat & Poultry Products
- 8.3.6. Snacks & Savory
- 8.3.7. Soups & Sauces
8.4. Pharmaceuticals
- 8.4.1. Digestive Health
- 8.4.2. Heart Health
- 8.4.3. Immune Enhancers

9. Food Grade Yeast Extracts & Beta-Glucan Market, by Form

9.1. Introduction
9.2. Dry Form
- 9.2.1. Flakes
- 9.2.2. Granules
- 9.2.3. Powder
9.3. Encapsulated
9.4. Liquid Form
- 9.4.1. Extract
- 9.4.2. Paste

10. Food Grade Yeast Extracts & Beta-Glucan Market, by Nature

10.1. Introduction
10.2. Conventional
10.3. Organic

11. Food Grade Yeast Extracts & Beta-Glucan Market, by End User

11.1. Introduction
11.2. Food Service Industry
11.3. Manufacturers

12. Americas Food Grade Yeast Extracts & Beta-Glucan Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Food Grade Yeast Extracts & Beta-Glucan Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Food Grade Yeast Extracts & Beta-Glucan Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. Market Share Analysis, 2023
15.2. FPNV Positioning Matrix, 2023
15.3. Competitive Scenario Analysis
15.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AB Mauri
2. Alltech Inc.
3. Angel Yeast Co., Ltd.
4. Associated British Foods plc
5. Biorigin
6. Chr. Hansen Holding A/S
7. DSM
8. Kemin Industries, Inc.
9. Kerry Group
10. Lallemand Inc.
11. Lesaffre Group
12. Nutreco
13. Ohly GmbH
14. Orffa
15. Phileo
16. Royal Cosun
17. Sensient Technologies Corporation
18. Specialty Biotech Co., Ltd
19. Synergy Flavors
20. Tate & Lyle PLC