Yeast Beta-Glucan Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Yeast Beta-Glucan Market is Segmented By Application(Food & Beverages,Cosmetic & Personal Care, Pharmaceuticals, Animal Feed, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Report Overview

The Global Yeast Beta-Glucan Market is growing at a high CAGR during the forecast period (2024-2031).

Beta-glucan is a polysaccharide found in nature in the cell walls of cereal grains, baker's yeast, mushrooms, and others. Yeast beta-glucan is a polysaccharide that binds with immune cells and improves immune responses within the body. Yeast beta-glucan has been considered a valuable food ingredient due to numerous health benefits, such as its ability to reduce upper respiratory tract infections, help reduce cholesterol, and improve gut health. Beta-beneficial glucan's offerings are specifically designed to meet global consumers' changing nutritional diets and requirements. It has developed a strong association with various applications in the global marketplace, including dietary supplements, functional food, personal care, and others. The increased prevalence of chronic diseases and the growing old population are two major factors driving global demand for functional meals.

Yeast Beta-Glucan Market Scope

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Market Dynamics

Increase awareness regarding the health benefits of yeast beta-glucan

Beta-glucans generated from yeast are typically found in baker's yeast or brewer's yeast.  The immune-modulating characteristics of baker's yeast beta-glucan are supported by research. Beta-glucan yeast products have been shown in studies to help decrease cholesterol, particularly "bad" low-density lipoproteins (LDL). Beta-glucan nutrients are fibers and polysaccharides found in mushrooms, yeasts, and cereals, which have been shown to have anticancer, antimicrobial, anti-allergic, and immune-modulating properties. According to Lallemand Bio-Ingredients, the largest manufacturer of beta-glucans, demand for beta-glucans is predicted to match the demand for vitamins and omega-3 pills, especially post-pandemic.

However, the increasing prevalence of hypoglycemia cases results in controlled consumption of beta-glucan among the diabetic population. Diabetes is becoming more common around the world due to a lack of nutritional guidance and insulin in the body. Diabetic people might have hypoglycemia (low blood sugar) or hyperglycemia (high blood sugar). The beta-glucan is well-known for its functional ability to lower blood sugar levels in the body, which has limited its use among hypoglycemics. On the other hand, the hypoglycemic population can benefit from consuming beta-glucan at irregular intervals without influencing blood sugar levels.

Market Segmentation

Food & beverages segment accounted for the highest share in global yeast beta-glucan market.

In 2021, the food and beverages segment led the market, with a sales share of over XX percent. The             food and beverages segment is growing and expanding as demand for plant-based foods and food ingredients grows in many areas, including dietary supplements, functional beverages, etc. Today, consumers worldwide are becoming aware of and demanding plant-based foods and ingredients to avoid increasing health and disease incidence and to meet their nutritional needs through their daily diet. Consumers' growing popularity and awareness of natural and plant-based food ingredients encourage manufacturers to use β-glucan for processing because of its many health benefits. The global dietary supplement sector is one of the major sectors that use large amounts of β-glucan for marketing innovative foods and nutritional beverages such as dietary supplements, functional beverages and other fortified foods. Therefore, the growth of the dietary supplement sector and the growing demand for plant-based foods are some of the major factors that dominate the food and beverage sector in particular.

However, increased spending on cosmetics and pharmaceuticals also promotes the usefulness of β-glucan in product processing. Furthermore, it is utilized in skincare products such as skin moisturizers, toners, conditioners, and sunscreen lotions in the personal care and cosmetics industry. Increased consumer expenditure, particularly among women from emerging nations, is predicted to expand the product's usage in personal care and cosmetics.

Geographical Share

Asia-Pacific is the dominating region during the forecast period

In 2021, Asia Pacific had the highest revenue share of over XX percent. Several food processing, cosmetics, and personal care product manufacturing enterprises in Asian countries such as India, China, South Korea, and Japan supply the region's product demand. The region is extremely diverse in terms of income, demography, and dietary requirements. The increased demand for food products with improved nutritional value and expanding consumer buying power are predicted to boost industry growth.

Over the projected period, the Middle East and Africa are expected to increase at the fastest rate in terms of revenue. In the Gulf Cooperation Council (GCC) countries, there is a growing desire for nutritious food with clean labeling. As a result, demand for natural components such as yeast beta-glucan is expected to rise over the forecast period. Saudi Arabia and the United Arab Emirates are regional processing food centers. The market is likely to be driven by the younger generation in GCC countries, consuming healthier and natural products.

Competitive Landscape

Some of the key players in this market include Cargill Incorporated, Biorigin, Kerry Group Plc, EMD Millipore and Lallemand Inc among others. Manufacturers of yeast beta-glucan are putting R&D efforts in their product sectors to expand or broaden their utilization across end-use applications. Companies in this industry must benchmark their products to USDA organic food standards. USDA Organic, ESFA, GMP, and FSSAI are just a few of the rules followed by these companies. Evonik, for example, has produced a natural biopolymer derived from beta-glucan that provides excellent skin protection. Tego Cosmo LSG is a naturally occurring beta-glucan that has several applications in cosmeceutical formulations. Due to its low molecular weight, it has fewer thickening effects and can be utilized at a higher dosage in cosmetic compositions.

COVID-19 Impact:

Positive impact on the global yeast beta-glucan market

The global yeast beta-glucan market is projected to be significantly impacted by the COVID-19 pandemic, highlighting the necessity of eating in a safe, healthy, and nutritional manner. The impact of the COVID19 pandemic has led to significant growth in the global beta-glucan market as consumers around the world become more aware of their health and hygiene. As a result, consumer demand is shifting from processed foods to nutritious, low-calorie, non-oil, functional and superfoods. This shift in consumer behavior has led to increased demand for healthy foods and dietary supplements, leading to various manufacturers introducing new functional non-GMO and naturally derived foods. In addition, developing countries are experiencing lifestyle changes, economic recovery, and a shift to natural products, increasing demand for beta-glucan in food and beverages, personal care and pharmaceuticals, and other industrial applications. With the outbreak of COVID-19, demand for immunity-boosting foods and supplements has risen dramatically. The necessity of eating nutritious foods has been highlighted by COVID-19. The outbreak of COVID-19 has shifted key players' focus to developing healthy and immunity-boosting products.