Beta-Glucan Market Size, Share, Trends, Growth and Forecast 2030

Beta-Glucan Market

Beta-Glucan Market By Types (insoluble and soluble), By Application (animal feed, pharmaceuticals, personal care & cosmetics, and food & beverages), By source (seaweed, yeast, mushroom, and cereal)By Region (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa) - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030-

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6240 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 530.45 Million USD 890.88 Million 6.70% 2022

Description

Global Beta-Glucan Market: Overview

The global Beta-Glucan Market size was worth around USD 530.45 Million in 2022 and is predicted to grow to around USD 890.88 Million by 2030 with a compound annual growth rate (CAGR) of roughly 6.70% between 2023 and 2030.

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Glucan is a glucose polymer that is categorized on the basis of interchangeable links. Beta-glucan is the substance found in the walls of bacteria, yeasts, algae, fungi, and lichen. These are a non-uniform group of non-starch polysaccharides linked with D glucose monomer. These are utilized in treating HIV cancer, high cholesterol, and diabetes. It also helps in boosting the immune system of the human body. Moreover, these are also used as food additives in salad dressing, frozen dessert, sour cream, and cheese spread.

Global Beta-Glucan Market: Growth Factors

The rising demand for healthy alternatives that do not have any side effects on the body is one of the major factors driving the growth of the global beta-glucan market. The growing awareness among manufacturers regarding the availability of alternative sources for processing, harvesting, and extracting methods is likely to augment the growth of the global beta-glucan market vigorously during the forecast period. Also, the growing utilization of such a product as an immunity booster in the nutraceutical and pharmaceutical sector is also propelling the growth of the global beta-glucan market. The shift in consumer preferences towards the adoption of nutritious food supplements over traditional synthetic ingredients is further boosting the demand for beta-glucan products. Moreover, the advancements in the food processing techniques like enzyme extraction, assisted ultrasound, pressurized extraction, and many others are providing a better platform for the extraction of beta-glucan for cereals like wheat & barley, mushroom, and seaweed strains. Also, the growing incidences of chronic health disorders like heart health, cholesterol, diabetes, and obesity all across the globe are bolstering the growth of the global beta-glucan market vigorously.

Global Beta-Glucan Market: Segmentation

The global beta-glucan market can be segmented into application, type, source, and region.

By application, the market can be segmented into animal feed, pharmaceuticals, personal care & cosmetics, and food & beverages. The food & beverage segment accounts for the largest share in the global beta-glucan market due to the increasing manufacturing of beta-glucan beverages. A significant shift in consumer preferences towards health supplements over synthetic ones is driving the growth of the segment vigorously. Also, the health benefits associated with the consumption of such beverages include cancer prevention, cognitive improvement, and cardiovascular health improvement.

By type, the market can be segmented into insoluble and soluble. The soluble form of beta-glucans holds the largest share in the global beta-glucan market. The growth can be attributed to the increase in demand for cosmetic products all across the globe. Also, its soluble fibers rapidly dissolve in water and reach the digestive tract easily.

By source, the market can be segmented into seaweed, yeast, mushroom, and cereal. The cereal segment holds hegemony over others as it is a widely adopted source of beta-glucan for bakery and other products owing to its associated superior psychological properties. Cereals are also considered to have a positive impact on enhancing the bodily functions of the human being.

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Global Beta-Glucan Market: Regional analysis

Asia Pacific holds the largest share in the global beta-glucan market owing to the presence of a strong consumer base in the region. Moreover, the growing research and development activities in the region to launch innovative beta-glucan products in the market are further boosting the growth of the regional market.

Europe accounts for the second-largest share in the global beta-glucan market due to the presence of prominent market players in the region. Also, the growing disposable income of the people coupled with transforming consumer preferences towards nutraceutical supplements is likely to augment the growth of the regional market during the forecast period.

Beta-Glucan Market: Report Scope

Report Attributes Report Details
Report Name Beta-Glucan Market Size Report
Market Size in 2022 USD 530.45 Million
Market Forecast in 2030 USD 890.88 million
Growth Rate CAGR of 6.70%
Number of Pages 188
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Kerry Group PLC, Associated British Foods Plc, Biothera Pharmaceuticals Inc., Biotec Pharmacon ASA, Tate & Lyle Oat Ingredients, Lesaffre Human Care, Angel Yeast Company Ltd., BioSpringer, Immuno Medic, Super Beta Glucan (SBG) Inc., Bio Origin, Ceapro Inc., DSM Food Specialties B.V. & DSM Nutritional Products AG, and AIT Ingredients
Segments Covered By Type, By Application, By source and By region.
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Beta-Glucan Market: Competitive Players

Some of the significant players in the global beta-glucan market are -

  • Kerry Group PLC
  • Associated British Foods Plc
  • Biothera Pharmaceuticals Inc.
  • Biotec Pharmacon ASA
  • Tate & Lyle Oat Ingredients
  • Lesaffre Human Care
  • Angel Yeast Company Ltd.
  • BioSpringer
  • Immuno Medic
  • Super Beta Glucan (SBG) Inc.
  • Bio Origin
  • Ceapro Inc.
  • DSM Food Specialties B.V. & 
  • DSM Nutritional Products AG
  • AIT Ingredients.

By Type:

  • Insoluble
  • Soluble

By Application:

  • Animal feed, 
  • Pharmaceuticals, 
  • Personal care & cosmetics
  • Food & beverages

By source:

  • Seaweed, 
  • Yeast, 
  • Mushroom
  • Cereal

Global Beta-Glucan Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The rising demand for healthy alternatives that do not have any side effects on the body is one of the major factors driving the growth of the global beta-glucan market. The growing awareness among manufacturers regarding the availability of alternative sources for processing, harvesting, and extracting methods is likely to augment the growth of the global beta-glucan market vigorously during the forecast period.

Some of the significant players in the global beta-glucan market are Kerry Group PLC, Associated British Foods Plc, Biothera Pharmaceuticals Inc., Biotec Pharmacon ASA, Tate & Lyle Oat Ingredients, Lesaffre Human Care, Angel Yeast Company Ltd., BioSpringer, Immuno Medic, Super Beta Glucan (SBG) Inc., Bio Origin, and Ceapro Inc.

Asia Pacific holds the largest share in the global beta-glucan market owing to the presence of a strong consumer base in the region. Moreover, the growing research and development activities in the region to launch innovative beta-glucan products in the market are further boosting the growth of the regional market.

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