Beta Glucan Market, By Source (Cereal, Mushroom, Yeasts, Seaweed), Application (F&B, Personal Care, Pharmaceuticals, Animal Feed and others), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa, and South America) – Market Size & Forecasting to 2028

The global beta glucan market size was valued at USD 458.5 million in 2019 and is anticipated to grow at a CAGR of 6.8% during the forecast period. Beta glucan is a type of dietary fiber that is soluble in water, although partially. It plays an important role in controlling cholesterol levels, managing blood sugar, and keeping the heart-healthy. They are found in oats, whole grains, barley, wheat, and bran. They can also be extracted from cell walls of algae, yeasts, bacteria, lichens, and fungi. Beta glucans are available in supplement form and are used as food additives in various consumer food products like frozen desserts and salads. Global beta glucan market is mainly driven by the fact that the growing population of health-conscious consumers forms a strong sect of the consumer base for the beta glucan market. Beta glucan helps reduce abnormal levels of cholesterol, glucose, and insulin. Regular dietary intake of beta glucan aids in reducing risk factors of diabetes. Moreover, the rise in disposable income is expected to boost the beta glucan market worldwide. The growing incidences of chronic diseases are driving the growth of the beta glucan market.

Considering the current market scenario, the global beta glucan market is primarily being driven by increasing awareness among manufacturers relating to using multiple sources, harvesting, processing, and extraction methods. The manufacturers in the use of innovative patented technologies in a bid to boost the market share and increase general sales. Factors, like growing awareness about the sustainable sourcing of products and using organic substitutes for medicines, are expected to drive production. Producers are adopting various regulations and certifications namely FSSC 22000, GRAS, USDA Organic, Fairtrade, Kosher, HACCP, GMP, to ensure quality and saleability of products in an attempt to lure large base of customers. The industry is moderately affected by the presence of substitutes, namely guar gum and different natural compounds used as immunomodulators. However, factors like the increased number of advertisements and marketing of substitutes are anticipated to hamper business growth. The extraction technologies used for the beta glucan extraction method range from amniotic membrane extraction, dry and wet fractionation process and chemical extraction process using acid and bases. The yield of the extraction for the product depends on the type of extraction process utilized.

Key Factors Impacting the Growth of Beta Glucan Market:

  • Rise in health consciousness among consumers
  • Extensive applications of beta glucan in various domains
  • The decrease in costs of raw materials.

The beta glucan market segmentation is based on source, application, and region.

Source Outlook:

Based on source, the market has been segmented into cereal, mushroom, yeasts, and seaweed. The cereal segment is expected to dominate the market in 2018 and further expected to lead the market during the forecast period. Cereal is widely used source of beta glucan for bakery and other food products for its superior physiological property. Cereals are known to have a positive impact on the bodily functions of human beings and thus are one of the most important source of raw material for the extraction of the product.

Application Outlook:

Based on application, the market is segmented into F&B, personal care, pharmaceuticals, animal feed, and others. The pharamaceuticals segment is expected to lead the market during the forecast period due to the product use in preparation of drugs for cancer treatment, immunity improvement, weight reduction, cholesterol balancing.

Regional Outlook:

Based on the region, the global beta glucan market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America governs the worldwide beta glucan market in 2018. Asia Pacific is expected to be a key industry for beta glucan because of the presence of a significant base of the consumer industries. China is anticipated to be the economy with one of the major shares for the consumption and production of the product over the span of eight years. The presence of a number of major players in Europe coupled with high disposable income and changing consumer preferences towards the consumption of nutraceutical supplements is likely to drive the product growth over the next eight years. a large number of companies are focusing on using innovative techniques for the manufacture of products customized exclusively for the end-use industries, which is likely to drive the growth.

Competitive Landscape

The dominated players in the beta glucan market are Biotec Pharmacon ASA, Biothera Pharmacetical, Ceapro Inc, Immunomedic AS, Super Beta Glucan Inc, DSM NV, Zilor Inc, Cargill Incorporated, Kerry Group, Glycanova and others.

This report also includes the profiles of key beta glucan market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments in Beta Glucan  Market:

  • In September 2017, the ingredients of PromOat Beta Glucan and PrOatein Oat Protein from Tate and Lyle were certified for non- GMO projects.
  • Swedish oat fiber is strenghtening its research by its research by conducting studies to understand various aspects of beta-glucan.

What Does This Report Provide?

This report provides a detailed understanding of the global beta glucan market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Source

  • Cereal
  • Mushroom
  • Yeasts
  • Seaweed

By Application

  • F&B
  • Personal Care
  • Pharmaceuticals
  • Animal Feed
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By End User
  • Middle East & Africa
    • By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
    • By Type
    • By End User
  • South America
    • By Country (Brazil, Argentina, Colombia, Rest of South America)
    • By Type
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the beta glucan market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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