PUBLISHER: SkyQuest | PRODUCT CODE: 1847113
PUBLISHER: SkyQuest | PRODUCT CODE: 1847113
Global Yeast Extracts and Beta-Glucan Market size was valued at USD 1.8 billion in 2023 and is poised to grow from USD 1.91 billion in 2024 to USD 3.09 billion by 2032, growing at a CAGR of 6.2% during the forecast period (2025-2032).
The global market for yeast extracts and beta-glucan is witnessing significant growth, fueled by the rising consumer preference for natural and clean-label ingredients in food, pharmaceuticals, and cosmetics. Health consciousness is driving demand for functional ingredients that support immune health, gut health, and enhance natural flavors. Fungi extracts are increasingly utilized for their antioxidant properties in processed foods and beverages, while beta-glucan's benefits, such as cholesterol reduction and immune support, are boosting its presence in dietary supplements and skincare. The shift toward preventive healthcare, alongside a growing aging population, further propels this demand. Innovations in extraction and fermentation processes enhance efficiency and reduce costs, while urbanization and increased spending in emerging markets, particularly in Asia Pacific and Latin America, significantly contribute to market expansion. The trend toward vegan and plant-based diets also bolsters the demand for fungi-based products as alternatives to animal protein.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Yeast Extracts and Beta-Glucan market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Yeast Extracts and Beta-Glucan Market Segments Analysis
Global Yeast Extracts and Beta-Glucan Market is segmented by Product Type, Source, Applications, Form, End-User Industry, Distribution Channel and region. Based on Product Type, the market is segmented into Yeast Extracts and Beta-Glucan. Based on Source, the market is segmented into Brewer's Yeast, Baker's Yeast and Others Yeast Strains. Based on Applications, the market is segmented into Food & Beverage, Dietary Supplements & Nutraceuticals, Animal Feed, Pharmaceuticals, Cosmetics & Personal Care and Others. Based on Form, the market is segmented into Liquid Form, Powder Form and Granular Form. Based on End-User Industry, the market is segmented into Food Industry, Cosmetics and Personal Care, Healthcare and Animal Nutrition. Based on Distribution Channel, the market is segmented into Online Sales and Offline Sales. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Yeast Extracts and Beta-Glucan Market
The Global Yeast Extracts and Beta-Glucan market is driven by the increasing consumer demand for functional ingredients that promote immune health and naturally enhance flavors. As health-conscious individuals prioritize wellness and preventive healthcare, there is a notable shift towards plant-based products. This trend is influencing various sectors, including food, pharmaceuticals, and cosmetics, as companies seek to incorporate yeast extracts and beta-glucan into their offerings. The desire for natural ingredients that support overall health and well-being is fostering widespread adoption and innovation within these industries, making yeast extracts and beta-glucan essential components in meeting consumer expectations.
Restraints in the Global Yeast Extracts and Beta-Glucan Market
Despite advancements in the industry, high capital investments and substantial operational costs associated with methodological processes pose significant challenges. These financial barriers may restrict smaller manufacturers from accessing final product levels, thereby limiting their market participation. Additionally, the pressure to lower consumer prices may hinder the acceptance of yeast-derived products among price-sensitive market segments. As a result, the potential for growth in the Global Yeast Extracts and Beta-Glucan market could be stifled, raising concerns about the long-term viability of smaller companies within this competitive landscape. Consequently, these factors contribute to an overall restraint in the market's expansion and profitability.
Market Trends of the Global Yeast Extracts and Beta-Glucan Market
The Global Yeast Extracts and Beta-Glucan market is experiencing significant growth driven by the escalating consumer preference for clean-label and natural ingredients. As health-conscious consumers increasingly seek plant-based options and transparency in food sourcing, brands are compelled to respond with responsibly sourced, minimally processed products. This trend is particularly evident in sectors such as food, dietary supplements, and cosmetics, where consumers prioritize sustainability and health benefits. The emphasis on straightforward ingredient declarations aligns with evolving regulatory landscapes, further fueling demand for yeast extracts and beta-glucan as integral components that meet these emerging consumer expectations and foster brand loyalty.