Yeast Extract and Beta Glucan Market by Application Brian Dawkins Womens Jersey , Trends to Expand Significantly by 2021 by kksingha · October 3, 2018
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 Randall Cunningham Womens Jersey , 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鈥?021 Clayton Thorson Jersey , the CAGR anticipated for the market is 7.6%.
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Riding on primary contributors such as Thailand, Japan, South Korea, India, and China Shareef Miller Jersey , 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.
Yeast Extract Dominates Beta Glucan with Weighty Demand in Food and Beverage
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 JJ Arcega-Whiteside Jersey , which depicts the dominance of the yeast extract product type segment.
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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 Miles Sanders Jersey , 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 Andre Dillard Jersey , soups, and sauces all use yeast extracts at a significant rate.
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