Yeast Beta Glucan Market Size By Form (Soluble, Insoluble), By Purity (Below 70%, 70%, 70-85%, Above 85%), By Application (Food & Beverages, Cosmetics, Pharmaceuticals, Animal Feed) Industry Analysis Report, Regional Outlook, Price Trend, Competitive Market Share & Forecast, 2022 - 2028
The global yeast beta glucan market is poised to witness substantial expansion through 2028 due to rising demand for nutraceutical products and functional foods. In addition, increasing consumer consciousness about health and wellness is also expected to spur market growth over the forecast timespan.
Recently, major players operating in the industry have been investing in product launches, R&D activities, and mergers & acquisitions to enhance their business presence, thereby fostering the global yeast beta glucan market outlook. For instance, a March 2022 pilot clinical study published in BMJ Neurology Open found that a Japanese Beta-glucan, Nichi GLOW, could improve gut microbiome and behavior, learning abilities, and sleep in children diagnosed with ASD (autism spectrum disorder). The study findings indicated that Nichi GLOW intake resulted in better communication skills and higher CARS (childhood autism rating scale) scores among the children.
In another instance, in June 2021, Life Extension, a company focused on bio-medical research, launched a new formula called Mushroom Immune with Beta Glucans. This formula, which features a blend of a patented beta glucan from baker’s yeast and maitake, shiitake, and chaga mushrooms, offers an array of beta-glucans. These active components are also known to possess immunomodulating properties, and thus, have a comprehensive effect on various immune cells.
The global yeast beta glucan market has been bifurcated in terms of purity, form, application, and region.
Based on purity, the market has been divided into below 70%, 70%, 70-85%, and above 85%. Among these, the above 85% segment is expected to witness substantial growth up to 2028 owing to its multiple health advantages, such as its capacity to lower cholesterol and improve gut health, as well as its growing prominence as a crucial dietary element.
On the basis of application, the global yeast beta glucan market has been divided into food & beverage, pharmaceutical, cosmetics, and animal feed. The cosmetics segment is set to register considerable expansion through the analysis timeframe due to surging demand for yeast beta glucan as it provides deep hydration to the skin and helps in skin care treatment, among other benefits.
In the regional context, the Latin America yeast beta glucan industry is primed to attain strong gains by 2028 on account of rising consumer awareness about health and fitness. Moreover, growing adoption of vegan products is anticipated to drive the demand for multifunctional yeast beta-glucan in the LATAM region.
Meanwhile, the Middle East & Africa yeast beta glucan market is slated to showcase steady growth through 2028. High consumer spending on dietary supplements and functional food items is foreseen to bolster MEA market development over the forecast time period.
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