Yeast Beta-Glucan Market Size, Share, Growth Analysis, By Source(Baker's yeast, brewer's yeast, and others), By Application(food & beverages, dietary supplements, animal feed & pet food, and others), By Region - Industry Forecast 2024-2031

Global Yeast Beta-Glucan Market size was valued at USD 188.66 million in 2022 and is poised to grow from USD 204.32 million in 2023 to USD 386.67 million by 2031, at a CAGR of 8.3% during the forecast period (2024-2031).

The global yeast beta-glucan market is a rapidly growing market that is expected to experience significant growth in the coming years. Yeast beta-glucan is a natural polysaccharide that is found in the cell walls of yeast, and it is widely used in various applications such as food and beverages, dietary supplements, pharmaceuticals, and personal care products. The purpose of the market is to provide a natural and effective solution for various health and wellness concerns. Yeast beta-glucan has been shown to have numerous health benefits, including boosting the immune system, reducing cholesterol levels, and improving gut health. As a result, there is a growing demand for yeast beta-glucan in the global market. One of the major drivers of the yeast beta-glucan market is the increasing demand for natural and functional food ingredients. Consumers are becoming more health-conscious and are looking for natural and effective ways to improve their health.

Yeast beta-glucan is a natural ingredient that is effective in promoting health and wellness, which makes it a popular choice among consumers. However, the market also faces certain restraints such as high production costs and limited availability of raw materials. These factors may limit the growth of the market to some extent. Despite these challenges, the yeast beta-glucan market is experiencing several key trends that are driving its growth. For instance, there is a growing trend towards vegan and plant-based diets, which has led to an increased demand for yeast beta-glucan as a natural and plant-based ingredient. Additionally, the market is witnessing several opportunities for growth, such as the increasing demand for yeast beta-glucan in the pharmaceutical industry. Yeast beta-glucan has been shown to have potential in the treatment of various diseases, including cancer, diabetes, and cardiovascular diseases.

US Yeast Beta-Glucan Market is poised to grow at a sustainable CAGR for the next forecast year.