Yeast Beta-glucan Market

Market Overview

The yeast beta-glucan market size was valued at USD 178.1 million in 2021 and is expected to reach USD 362.90 million in 2030 expanding at a compound annual growth rate (CAGR) of 8.23% from 2022 to 2030.

A kind of soluble dietary fibre known as beta-glucan may be found in foods. The most significant sources of beta-glucan include bacteria, yeast, fungus, and cereal. The yeast that is used in the baking of bread and the brewing of beer is the same yeast that is used to make yeast extract, which is a flavouring used in cooking. It is anticipated that the market for yeast extract and beta-glucan would expand as a consequence of a rise in the consumption of processed foods, a significant shift in individuals' dietary patterns, and an increase in the amount of disposable money.

There is an increased demand for quick ready-to-eat meals as well as ready-to-cook foods that contain yeast extract and beta-glucan to raise the nutritional value of the food. This demand is driven by consumers' need for more convenient and healthier eating options. In addition, yeast extract is used as a flavouring agent in the food and beverage industry. This sector also uses yeast extract.

In most cases, the production of yeast extracts consists of three stages: fermentation (the process by which the yeast grows), disruption (the process by which the cell is broken), and separation (extraction of the soluble part). Despite the fact that the conventional technique of heat-autolysis, which makes use of the surplus yeast left over following beer brewing, generates a substantial quantity of yeast extract spreads, there are other methods available for the production of specific kinds.

When it comes to the fermentation process, discarded beer yeast is usually tainted with harsh chemicals that originate from hops. Because of this, a process called debittering is required to get rid of the bulk of the taste that is objectionable. This issue does not have any effect on yeast obtained from other sources. There are many different forms of yeast extracts, each of which is quite biodiverse. These yeast extracts contain yeasts that are not typical Saccharomyces cerevisiae, in addition to lactic acid bacteria that are responsible for the degradation of beer. In order to disrupt the cell, one need not resort to the heat-autolysis process but rather one of several other physical and chemical methods instead. This procedure may also make it possible to extract certain molecules or to create an extract without first hydrolysing the contents of the cell.

Market Dynamics

Global Yeast Beta-glucan Market Drivers

Rising acceptance of veganism

Veganism is gaining popularity among those who are looking for ways to improve their lifestyle while minimising their impact on animals. The number of individuals who are making the transition to a vegan diet and lifestyle is consistently growing. In addition, there are a substantial number of benefits that may be gained by adopting a vegan lifestyle, which can be used to one's advantage.

One of the primary advantages of adopting a vegan way of life is that it makes it possible to do away with any and all forms of cruelty to animals. In addition, adopting a vegan way of life has been shown to confer a considerable number of positive health outcomes on those who practise it. Yeast is a type of fungus that consists of a single cell and may grow either on plants or in soil. Yeast does not have a circulatory or nervous system.

Increasing consumer preference for plant-based foods and food supplements

The rising trend of consumers towards plant-derived food and food components that may fulfil the nutritional requirements and boost the nutrient intake in their daily diet is a significant driver of the worldwide beta-glucan market. This trend is also a major driver of the global beta-glucan market. In the approaching years, it is projected that the expanding population of the globe, the growing awareness of the importance of required nutrition, and the introduction of novel extraction technologies would drive and fuel up the worldwide market.

The growing demand and popularity for nutraceuticals products stimulates the use of beta-glucan on the global market

The rapidly escalating growth of the nutraceutical sector all over the world has been a vital factor in the expansion of the worldwide market. Consumers are turning to novel approaches to meet their dietary needs, such as incorporating functional foods and various dietary supplements into their normal diets. Consumers who are transitioning to a healthier diet, such as athletes, gym-goers, and other members of the population who are health conscious, are driving up the demand for food products that contain additional nutrients at an alarming rate. These consumers are also driving up the demand for food products that contain added nutritional properties.

The makers of nutraceuticals are focussing their efforts on expanding their product lines and formulating new natural supplements that are infused with the beneficial properties of ß-glucan. This is done primarily to improve the health of the gut and the immune system of the body. Over the past few years, the utilisation of B-glucan in the production process has expanded as a direct result of the worldwide rise in the popularity of eco-friendly practices and plant-based food components. This popularity has resulted in an increased demand for B-glucan. The expectation of the forthcoming environment and the increasing need for such nutrient-infused supplements will assure the continued expansion of the ß-glucan market in the years to come across the world.

Having a large supply of raw materials makes it easier for manufacturers to produce beta-glucan

Because of its advantageous effects on human health, B-glucan is gaining more and more attention all over the world. This development has led to a growth of the product's end-users spectrum, which now includes medicines, cosmetics, and other products. Because there is an increasing demand for ß-glucan among end-users, the producers are being forced to produce additional types and quantities of the substance. One of the most common and widely used sources of ß-glucan extraction all over the world is oat. In the last few years, oat production has increased all over the world, and the plentiful availability of oats is one of the key elements that is driving manufacturers to accelerate the overall production of ß-glucan in the worldwide market.

Consumer health consciousness is rising, while healthcare costs are rising

Consumers have grown more health aware as a direct result of the change in demand away from processed foods and toward nutritious, functional, and superfoods. They strive to proactively preserve their health by leading healthy lifestyles. Consumers have a greater awareness of the components that make up their food and pay more attention to the nutrition labels and components listed on food goods. This shift in purchasing patterns has led to an increase in demand for nutritious meals and supplements, which in turn has prompted a number of companies to introduce new food items that are functional, do not include genetically modified ingredients, and are derived from natural sources During the growing awareness and concern over health and wellbeing, it is anticipated that the demand for multifunctional beta-glucan will expand over the course of the next years.

Global Yeast Beta-glucan Market Restraints

Increased incidence of hypoglycaemia

Diabetes is growing more prevalent all over the world as a consequence of a lack of dietary advice as well as a scarcity of insulin in the bodies of numerous people located in a variety of countries throughout the globe. Patients who suffer from hypoglycemia have abnormally low amounts of sugar in their blood, whereas patients who suffer from hyperglycemia have abnormally high levels of sugar in their blood.

It is well-known that beta-glucan has the functional potential to reduce blood sugar levels in the body; nevertheless, hypoglycemics tend to have a restricted intake of glucan due to this. A patient may have a variety of serious complications as a result of having a low blood sugar level. For instance, low blood sugar levels can cause the body of the individual to become weak, which can further contribute to a loss of both physical and mental vigour in the person. Dizziness and a variety of other painful ailments are also potential side effects of low blood sugar levels.

Global Yeast Beta-glucan Market Opportunity

Emerging markets: new areas for expansion

Not only is there an increase in demand for beta-glucan in the production of food, personal care, and pharmaceutical products, but there is also an increase in demand for beta-glucan in other industrial applications, such as the production of animal feed and biofuel. This is because developing economies are observing changing lifestyles, a growing economy, and a shift toward natural products. In the next years, developing nations such as China and India, as well as countries located in the Middle East and Africa, would witness a dramatic increase in the demand for beta-glucan that has been derived from a variety of raw materials. There is a rise in the intake of nutritious foods, nutraceuticals, and personal care products, which is thought to be the primary factor for this demand. In addition, the costs of manufacturing, labour, and processing may be optimised in these locations, resulting in a reduction in overall costs. Beta-glucan manufacturers may expect to find support for expansion into new geographic markets from a number of important factors, the most important of which is high demand combined with cheap production costs.

Regional Analysis

In 2021, Asia Pacific had the greatest revenue share, accounting for more than 30.0% of total sales. The product demand in this area is supported by the numerous food processing, cosmetics, and personal care product manufacturing enterprises that are located in Asian nations such as India, China, South Korea, and Japan.

The area has a great level of diversity in demographics, dietary preferences, and levels of income. It is anticipated that the growing capacity of consumers to spend money, in conjunction with the growing demand for food items possessing better levels of nutritional content, would have a favourable influence on the expansion of the business.

Over the course of the time under consideration, it is predicted that the Middle East and Africa would display the highest growth rate in terms of revenue. In the nations that make up the Gulf Cooperation Council (GCC), there is a growing interest in wholesome food options that have transparent ingredient lists. As a direct consequence of this, it is anticipated that there would be a rise in demand throughout the course of the projection period for natural components such as yeast beta-glucan.

Saudi Arabia and the UAE serve as regional distribution centres for processed food goods. It is anticipated that the younger generation in GCC nations will continue to use goods that are healthier and more natural, which will boost the market throughout the projection period.

Segmental Analysis

The global yeast beta-glucan market is segmented by application, and region.

In 2021, the food and beverage sector held a dominant position in the market and was responsible for more than 30.0% of the total revenue. It is anticipated that it will continue to retain its lead during the period being forecasted. It is anticipated that the rising consumption of functional foods and dietary supplements throughout the world would be the primary factor driving the expansion of the market over the forecasted time period.

It is anticipated that the cheap price of the product will be a significant cause for the demand for it in applications involving animal feed. In terms of revenue, the animal feed application sector would have the highest growth rate of 9.0% over the course of the projection year. Enhanced immunological state in animals, improved antibody titers following vaccination, and increased resistance against microbial diseases are among the primary advantages of this product.

In the field of cosmetics and personal care, its most common application is in skin care products, specifically moisturisers, toners, conditioners, and sunscreen lotions, among other similar items. It is anticipated that an increase in consumer expenditure, particularly among women from emerging nations, would open up new potential for the product in the applications of personal care and cosmetics.

Recent Developments

• In June 2020, Lesaffre acquired a controlling stake in the Chinese startup Biohymn Biotechnology (China). Specialized in the creation of yeast and yeast extracts, Biohymn Biotechnology
• In June 2020, A new distribution collaboration was established by Tate & Lyle PLC and Solevo, a prominent distributor of chemicals and commodities for certain industrial and agricultural markets in Africa.
• In October 2019, To address customer demand for healthier products, Cargill, Inc. invested USD 35 million in Europe to develop soluble fibres. With the help of novel soluble fibres from Cargill, Inc., sugar content in confections, bakery items, fillings, cereals, ice cream, and dairy products may be reduced by up to 30% while still retaining the desirable look, flavour, and texture.