Yeast Beta-glucan Market Size

Yeast Beta-glucan Market Size

Yeast Beta-glucan Market size valued at USD 165 million in 2022 and is anticipated to expand at 9.5% CAGR from 2023 to 2032, driven by rising meat consumption globally.

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Global meat consumption per person is expected to rise 0.3% annually to 35.4 kg in retail weight equivalent by 2030, according to the OECD-FAO agriculture outlook, resulting from rapid urbanization. Beta glucans have emerged as an important animal feed ingredient for animal nutrition resulting from the rising interest in functional foods and the new laws that forbid the use of antibiotics that promote growth, resulting in rising product demand as an additive in animal feed products, which is a major factor supporting the market growth.

High extraction costs associated with production processes to impede industry expansion

The extraction of yeast beta glucan from spent brewer's yeast and baker's yeast is not an expensive method but recovering the product from the produced extract is costly, which may hamper product adoption. However, various technologies for the manufacturing and purification of yeast-glucan have been developed, and new techniques are constantly being studied. Strong investments in R&D to develop cost-effective extraction methods are also expected to help manufacturers overcome this restraint in the coming years.