The Europe Yeast Extracts and Beta-Glucan Market would witness market growth of 7.3% CAGR during the forecast period (2022-2028).
The rising demand for functional probiotic ingredients is expected to boost the worldwide yeast extract and beta-glucan demand. Additionally, yeast extracts are widely employed in numerous European cuisines to add taste to a variety of savory foods, marinated meats, sauces, marinated meats, stews, and bouillons. They are used in the production of wine, beer, and bread on a substantial scale, in addition, to be utilized in family cookery. The growing utilization of yeast extracts and beta-glucan across the food and beverage sector to round out the taste of food or impart umami flavor has boosted the market for yeast extracts and beta-glucan. The yeast extract and glucan sector have benefited greatly from consumer-driven food product reformulations in search of healthier but tasty foods and beverages. Because of promises regarding its health benefits, the habit of taking beta-glucan supplements is gaining traction. Beta-glucan's application as a food additive in the food and beverage sector is expected to boost the growth of the market.
The rise in the demand for clean-label food items and functional foods is a major factor that is significantly propelling the growth of the regional market. There is a high adoption and acceptance of newly launched food products in the functional food and beverage sector in this market. Consumers' busy and hectic lifestyles in Europe, as well as an increase in health-conscious people, are driving the demand for yeast extracts and beta-glucan in the region.
Government initiatives connected to public healthcare, surging demand for convenient food products, as well as an increase in the requirement for functional foods are estimated to drive the growth of the regional yeast extracts and beta-glucan market. Moreover, one of the most significant reasons that are contributing to the increasing demand for yeast extracts and beta-glucan is the increasing disposable income of the women across the region.
The Germany market dominated the Europe Yeast Extracts and Beta-Glucan Market by Country in 2021, and would continue to be a dominant market till 2018; thereby, achieving a market value of $181.9 Million by 2028. The UK market is estimated to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The France market would display a CAGR of 8.1% during (2022 - 2028).
Based on Type the market is segmented into Yeast Extract and Yeast Beta-Glucan. Based on Application, the market is segmented into Food & Beverages, Animal Feed, Pharmaceutical, Cosmetic, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Yeast Extracts and Beta-Glucan Market Size will Hit $2.3 Billion by 2028, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Chr. Chr. Hansen holding A/S, Associated British Foods PLC (Wittington Investments Limited), Archer Daniels Midland Company, Alltech, Inc., Thai Foods International Co., Ltd., Nutra Green Biotechnology Co., Ltd., Lesaffre Group, Angel Yeast Co., Ltd., Lallemand, Inc., and Specialty Biotech Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Yeast Extract
- Yeast Beta-Glucan
By Application
- Food & Beverages
- Animal Feed
- Pharmaceutical
- Cosmetic
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Chr. Hansen holding A/S
- Associated British Foods PLC (Wittington Investments Limited)
- Archer Daniels Midland Company
- Alltech, Inc.
- Thai Foods International Co., Ltd.
- Nutra Green Biotechnology Co., Ltd.
- Lesaffre Group
- Angel Yeast Co., Ltd.
- Lallemand, Inc.
- Specialty Biotech Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Yeast Extracts and Beta-Glucan Market, by Type
1.4.2 Europe Yeast Extracts and Beta-Glucan Market, by Application
1.4.3 Europe Yeast Extracts and Beta-Glucan Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Yeast Extracts and Beta-Glucan Market
Chapter 4. Europe Yeast Extracts and Beta-Glucan Market by Type
4.1 Europe Yeast Extract Market by Country
4.2 Europe Yeast Beta-Glucan Market by Country
Chapter 5. Europe Yeast Extracts and Beta-Glucan Market by Application
5.1 Europe Food & Beverages Market by Country
5.2 Europe Animal Feed Market by Country
5.3 Europe Pharmaceutical Market by Country
5.4 Europe Cosmetic Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Yeast Extracts and Beta-Glucan Market by Country
6.1 Germany Yeast Extracts and Beta-Glucan Market
6.1.1 Germany Yeast Extracts and Beta-Glucan Market by Type
6.1.2 Germany Yeast Extracts and Beta-Glucan Market by Application
6.2 UK Yeast Extracts and Beta-Glucan Market
6.2.1 UK Yeast Extracts and Beta-Glucan Market by Type
6.2.2 UK Yeast Extracts and Beta-Glucan Market by Application
6.3 France Yeast Extracts and Beta-Glucan Market
6.3.1 France Yeast Extracts and Beta-Glucan Market by Type
6.3.2 France Yeast Extracts and Beta-Glucan Market by Application
6.4 Russia Yeast Extracts and Beta-Glucan Market
6.4.1 Russia Yeast Extracts and Beta-Glucan Market by Type
6.4.2 Russia Yeast Extracts and Beta-Glucan Market by Application
6.5 Spain Yeast Extracts and Beta-Glucan Market
6.5.1 Spain Yeast Extracts and Beta-Glucan Market by Type
6.5.2 Spain Yeast Extracts and Beta-Glucan Market by Application
6.6 Italy Yeast Extracts and Beta-Glucan Market
6.6.1 Italy Yeast Extracts and Beta-Glucan Market by Type
6.6.2 Italy Yeast Extracts and Beta-Glucan Market by Application
6.7 Rest of Europe Yeast Extracts and Beta-Glucan Market
6.7.1 Rest of Europe Yeast Extracts and Beta-Glucan Market by Type
6.7.2 Rest of Europe Yeast Extracts and Beta-Glucan Market by Application
Chapter 7. Company Profiles
7.1 Chr. Hansen Holding A/S
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.2 Associated British Foods PLC (Wittington Investments Limited)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.3 Archer Daniels Midland Company
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Lesaffre Group
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Acquisition and Mergers:
7.4.2.2 Geographical Expansions:
7.5 Angel Yeast Co., Ltd.
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Geographical Expansions:
7.6 Alltech, Inc.
7.6.1 Company Overview
7.7 Thai Foods International Co., Ltd.
7.7.1 Company Overview
7.8 Nutra Green Biotechnology Co., Ltd.
7.8.1 Company Overview
7.9 Lallemand, Inc.
7.9.1 Company Overview
7.10. Specialty Biotech Co., Ltd.
7.10.1 Company Overview
TABLE 1 Europe Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 2 Europe Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 3 Europe Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 4 Europe Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 5 Europe Yeast Extract Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Yeast Extract Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Yeast Beta-Glucan Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Yeast Beta-Glucan Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 10 Europe Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 11 Europe Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Animal Feed Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Animal Feed Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Pharmaceutical Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Pharmaceutical Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Cosmetic Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Cosmetic Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Yeast Extracts and Beta-Glucan Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Yeast Extracts and Beta-Glucan Market by Country, 2022 - 2028, USD Million
TABLE 23 Germany Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 24 Germany Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 25 Germany Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 26 Germany Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 27 Germany Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 28 Germany Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 29 UK Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 30 UK Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 31 UK Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 32 UK Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 33 UK Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 34 UK Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 35 France Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 36 France Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 37 France Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 38 France Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 39 France Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 40 France Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 41 Russia Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 42 Russia Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 43 Russia Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 44 Russia Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 45 Russia Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 46 Russia Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 47 Spain Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 48 Spain Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 49 Spain Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 50 Spain Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 51 Spain Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 52 Spain Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 53 Italy Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 54 Italy Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 55 Italy Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 56 Italy Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 57 Italy Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 58 Italy Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 59 Rest of Europe Yeast Extracts and Beta-Glucan Market, 2018 - 2021, USD Million
TABLE 60 Rest of Europe Yeast Extracts and Beta-Glucan Market, 2022 - 2028, USD Million
TABLE 61 Rest of Europe Yeast Extracts and Beta-Glucan Market by Type, 2018 - 2021, USD Million
TABLE 62 Rest of Europe Yeast Extracts and Beta-Glucan Market by Type, 2022 - 2028, USD Million
TABLE 63 Rest of Europe Yeast Extracts and Beta-Glucan Market by Application, 2018 - 2021, USD Million
TABLE 64 Rest of Europe Yeast Extracts and Beta-Glucan Market by Application, 2022 - 2028, USD Million
TABLE 65 Key Information – Chr. Hansen Holding A/S
TABLE 66 Key Information – Associated British Foods PLC
TABLE 67 key Information – Archer Daniels Midland Company
TABLE 68 Key Information – Lesaffre Group
TABLE 69 Key InforTmation – Angel Yeast Co., Ltd.
TABLE 70 Key Information – Alltech, Inc.
TABLE 71 Key Information – Thai Foods International Co., Ltd.
TABLE 72 Key Information – Nutra Green Biotechnology Co., Ltd.
TABLE 73 key Information – Lallemand, Inc.
TABLE 74 key Information – Specialty Biotech Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Lesaffre Group
FIG 3 Recent strategies and developments: Angel Yeast Co., Ltd.